Listed by Real Broker LLC, Bought with eXp Realty
NOT LISTED FOR SALE

23420 54th Ave S Unit 25-1 Kent, WA 98032

The Lakes Neighborhood

Estimated Value: $379,000 - $416,000

2 Beds
2 Baths
995 Sq Ft
9.74 Acre Lot

Sale Details

Date Sold: December 13, 2022

Last sale price $400,000 $402 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $2,729 / mo

26 Days on Market

Highlights

  • Fitness Center
  • Clubhouse
  • Sauna
  • 9.74 Acre Lot
  • Territorial View
  • End Unit

About This Home

As of December 2022

Welcome to The Lakes condo living! This desirable corner unit, ground floor condo offers a spacious floor plan w/tons of natural light. 2 bed/2bth, walk-in closet w/closet organizers, open kitchen to living room concept. Enjoy the patio off of the living room! Attached garage w/room for storage + parking directly in front + lots of uncovered parking for guests/owners. Located within minutes of Kent Station, Hwy 167, schools, parks, shopping & restaurants.

Last Agent to Sell the Property

Grace Werran

Real Broker LLC License #2088 Listed on: 10/12/2022

Real Broker LLC

Last Buyer's Agent

Matt Lagerquist

eXp Realty License #111816

eXp Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2004953

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,151

Year Built

  • Built in 1995

Lot Details

  • 9.74

HOA Fees

  • $290 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 995 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Territorial Views

Kitchen

  • Electric Oven or Range
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Electric Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony
  • Patio

Schools

  • Neely O Brien Elementary School
  • Mill Creek Mid Sch Middle School
  • Kent-Meridian High School

Utilities

  • Water Heater
  • High Speed Internet

Additional Features

  • End Unit
  • Ground Level Unit

Listing and Financial Details

Community Details

Overview

  • Association fees include common area maintenance, earthquake insurance, lawn service, road maintenance, sewer, snow removal, water
  • 150 Units
  • Teresa May Association
  • Secondary HOA Phone (425) 747-5900
  • The Lakes Subdivision
  • Park Phone (425) 747-5900 | Manager Teresa May

Amenities

  • Sauna
  • Clubhouse
  • Game Room
  • Recreation Room

Recreation

  • Fitness Center

Pet Policy

  • Dogs and Cats Allowed

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,151

Year Built

Built in 1995

Lot Details

9.74 Acres

HOA Fees

$290 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Year Built: 1995
  • Inclusions: Dishwasher,Dryer,Microwave,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: One
  • New Construction: No
  • Structure Type: Multi Family
  • CalculatedSquareFootage: 995
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • DwellingType: Attached
  • UnitFeatures: Balcony/Deck/Patio,End Unit,Ground Floor,Primary Bath,Walk-in Closet
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2004953?w=Consumer&agent=118931
  • Special Features: None

Interior Features

  • Fireplaces: 1
  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet, Balcony/Deck/Patio, Cooking-Electric, Dryer-Electric, Washer, Fireplace, Water Heater
  • Main Level Bedrooms: 2
  • Stories: 2
  • BathsFullMain: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullLower: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BedroomsLower: 0
  • AppliancesIncluded: Dishwasher,Dryer,Microwave,Refrigerator,Stove/Range,Washer

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Metal/Vinyl
  • ViewFrom: Unit

Garage/Parking

  • Carport Y N: No
  • Garage Yn: Yes
  • Parking Features: Individual Garage

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling Y N: No
  • Heating Yn: No
  • ApplianceHookups: Cooking-Electric,Dryer-Electric,Washer
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Community Features: Club House, Exercise Room, Fire Sprinklers, Game/Rec Rm, High Speed Int Avail, Sauna
  • Park Manager Name: Teresa May
  • Park Manager Phone: 425-747-5900
  • Senior Community: No
  • Association Fee: 290
  • Association Fee Frequency: Monthly
  • Phone: 425-747-5900
  • Association: Yes
  • Pets Allowed: Cats OK, Dogs OK, Subj to Restrictions
  • Common Interest: Condominium
  • AssociationContactName: Teresa May
  • CommonPropertyFeatures: Club Houses,Exercise Room,Fire Sprinklers,Game/Rec Rm,High Speed Int Avail,Sauna

Fee Information

  • Association Fee Includes: Common Area Maintenance, Earthquake Insurance, Lawn Service, Road Maintenance, Sewer, Snow Removal, Water

Schools

  • Junior High Dist: Kent
  • High School: Kent-Meridian High
  • Middle Or Junior School: Mill Creek Mid Sch

Lot Info

  • Parcel Number: 9263700490
  • Lot Size Acres: 9.7405
  • Lot Size Sq Ft: 424298
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • RentalCap: At or above Rental Cap (See Remarks)
  • ShortTermRentalYN: false

Tax Info

  • Year: 2022
  • Tax Annual Amount: 3151

Multi Family

  • Number Of Units In Community: 150
  • EnergySource: Electric

MLS Schools

  • Elementary School: Neely O Brien Elem

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2022
Closed on
Dec 7, 2022
Sold by
Bought by
Seller's Agent
Grace Werran
Real Broker LLC
Buyer's Agent
Matt Lagerquist
eXp Realty
List Price
$415,000
Sold Price
$400,000
Premium/Discount to List
-$15,000
-3.61%
Views
13
Current Estimated Value
$389,773

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,227
Avg. Annual Appreciation
-0.73%
Original Mortgage
$340,000
Outstanding Balance
$327,318
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$62,455

Purchase Details

Closed on
Nov 28, 2012
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,643
Interest Rate
3.33%
Mortgage Type
VA

Purchase Details

Closed on
Oct 9, 2007
Sold by
Bought by

Purchase Details

Closed on
Oct 5, 2007
Sold by
Bought by

Purchase Details

Closed on
Apr 8, 1996
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$400,000 Cw Title
$117,125 Cw Title
-- None Available
-- None Available
$94,860 Transnation Title Insurance
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $340,000
Previous Owner $119,643
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/13/2022 12/13/22 Sold $400,000 +2.6% $402 / Sq Ft
11/07/2022 11/07/22 Pending -- -- --
10/24/2022 10/24/22 Price Changed $390,000 -6.0% $392 / Sq Ft
10/12/2022 10/12/22 For Sale $415,000 -- $417 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,156 $377,000 $27,900 $349,100
2024 $3,747 $363,000 $28,000 $335,000
2023 $3,430 $365,000 $26,600 $338,400
2022 $3,151 $321,000 $26,600 $294,400
2021 $3,086 $263,000 $25,300 $237,700
2020 $3,013 $246,000 $25,300 $220,700
2018 $2,808 $220,000 $21,300 $198,700
2017 $2,294 $212,000 $21,300 $190,700
2016 $1,890 $175,000 $21,300 $153,700
2015 $1,689 $135,000 $21,300 $113,700
2014 -- $117,000 $21,300 $95,700
2013 -- $92,000 $22,400 $69,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2004953

Northwest Multiple Listing Service (NWMLS)

APN: 926370-0490

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