Welcome to Regatta at The Lakes! This light-filled corner-unit townhome offers 3 bedrooms and 2.5 baths with a thoughtful open-concept design perfect for everyday living and entertaining. The kitchen features granite countertops, stainless steel appliances, and plenty of space to cook and gather. Large windows throughout fill the home with natural light, creating a warm and inviting atmosphere. Upstairs, the spacious primary suite includes its own private bath for comfort and convenience. A detached 1-car garage provides additional storage and parking. Ideally located just minutes from shopping, dining, parks, and commuter routes, this home combines style, functionality, and a fantastic location.
Sold
Listed by: CENTURY 21 North Homes Realty
Bought with: John L. Scott, Inc
$430,000
5506 S 237th Place #4-4, Kent, WA 98032
3beds
1,233sqft
Condominium
Built in 1994
-- sqft lot
$423,500 Zestimate®
$349/sqft
$2,658 Estimated rent
Home value
$423,500
$390,000 - $457,000
$2,658/mo
Zestimate® history
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$2,975/mo
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Corner-unit townhomeKitchen features granite countertopsSpacious primary suitePrivate bathOpen-concept designStainless steel appliances
Zillow last checked:
Listing updated:
Offers reviewed: Sep 29
Listed by:
Armanda Iglesias,
CENTURY 21 North Homes Realty
Bought with:
Alice Van Nguyen, 24000607
John L. Scott, Inc
Source: NWMLS as distributed by MLS GRID,MLS#: 2431001
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Other
- Level: Lower
Dining room
- Level: Main
Entry hall
- Level: Main
Family room
- Level: Main
Kitchen with eating space
- Level: Main
Living room
- Level: Main
Utility room
- Level: Main
Heating
- Fireplace, Baseboard, Wall Unit(s), Electric, Natural Gas
Cooling
- Forced Air
Appliances
- Included: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s), Water Heater: Gas, Water Heater Location: Main floor, Cooking-Gas, Dryer-Electric, Washer
- Laundry: Electric Dryer Hookup, Washer Hookup
Features
- Flooring: Engineered Hardwood, Vinyl Plank, Carpet
- Windows: Coverings: Blind
- Number of fireplaces: 1
- Fireplace features: Gas, Main Level: 1, Fireplace
Interior area
- Total structure area: 1,233
- Total interior livable area: 1,233 sqft
Property
Parking
- Total spaces: 1
- Parking features: Individual Garage, Uncovered
- Garage spaces: 1
Features
- Levels: Multi/Split
- Entry location: Main
- Patio & porch: Cooking-Gas, Dryer-Electric, End Unit, Fireplace, Ground Floor, Primary Bathroom, Walk-In Closet(s), Washer, Water Heater
Lot
- Size: 6.65 Acres
- Features: Corner Lot, Dead End Street, Open Lot, Paved, Sidewalk
Details
- Parcel number: 721222004005
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Architectural style: Contemporary
- Property subtype: Condominium
Materials
- Metal/Vinyl, Wood Products
- Roof: Composition
Condition
- Year built: 1994
- Major remodel year: 1994
Community & neighborhood
Community
- Community features: Garden Space, Playground, Trail(s)
Location
- Region: Kent
- Subdivision: The Lakes
HOA & financial
HOA
- HOA fee: $390 monthly
- Services included: Common Area Maintenance, Maintenance Grounds, Road Maintenance, Sewer, Snow Removal, Water
- Association phone: 425-747-5900
Other
Other facts
- Listing terms: Conventional,FHA,VA Loan
- Cumulative days on market: 121 days
Price history
| Date | Event | Price |
|---|---|---|
| 12/9/2025 | Sold | $430,000-2.3%$349/sqft |
Source:  NWMLS as distributed by MLS GRID #2431001 Report a problem | ||
| 11/6/2025 | Pending sale | $439,950$357/sqft |
Source: NWMLS as distributed by MLS GRID #2431001 Report a problem | ||
| 10/16/2025 | Price change | $439,950-2.2%$357/sqft |
Source: NWMLS as distributed by MLS GRID #2431001 Report a problem | ||
| 9/24/2025 | Listed for sale | $449,950+76.5%$365/sqft |
Source: NWMLS as distributed by MLS GRID #2431001 Report a problem | ||
| 3/10/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 3/1/2023 | Listed for rent | $2,700$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/24/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 1/12/2023 | Price change | $2,700-3.6%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/31/2022 | Listed for rent | $2,800$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/8/2016 | Sold | $255,000+2%$207/sqft |
Source: NWMLS as distributed by MLS GRID #1001700 Report a problem | ||
| 7/28/2016 | Pending sale | $250,000$203/sqft |
Source: Federal Way Office #1001700 Report a problem | ||
| 7/22/2016 | Listed for sale | $250,000+111.9%$203/sqft |
Source: Federal Way Office #1001700 Report a problem | ||
| 7/19/2013 | Sold | $118,000-47.7%$96/sqft |
Source: NWMLS as distributed by MLS GRID #440286 Report a problem | ||
| 12/19/2008 | Sold | $225,700+79.1%$183/sqft |
Source: Public Record Report a problem | ||
| 5/20/1998 | Sold | $126,000+19%$102/sqft |
Source: Public Record Report a problem | ||
| 11/22/1994 | Sold | $105,900$86/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,657 +15.4% | $416,000 +8.1% |
| 2024 | $4,035 -13.5% | $385,000 -11.3% |
| 2023 | $4,664 +15.7% | $434,000 +15.7% |
| 2022 | $4,030 +3.6% | $375,000 +15.7% |
| 2021 | $3,891 +8.2% | $324,000 +13.7% |
| 2020 | $3,596 -0.5% | $285,000 -0.7% |
| 2019 | $3,616 +10% | $287,000 +4.7% |
| 2018 | $3,286 +1.8% | $274,000 +13.2% |
| 2017 | $3,230 +39% | $242,000 +18% |
| 2016 | $2,323 | $205,000 +16.5% |
| 2015 | $2,323 | $176,000 +8.6% |
| 2014 | $2,323 | $162,000 +42.1% |
| 2013 | $2,323 | $114,000 +6.5% |
| 2012 | -- | $107,000 -35.5% |
| 2011 | -- | $166,000 -16.6% |
| 2010 | -- | $199,000 |
| 2009 | -- | $199,000 +2.6% |
| 2007 | -- | $194,000 +10.2% |
| 2006 | -- | $176,000 -2.2% |
| 2005 | -- | $180,000 +34.6% |
| 2001 | $1,905 +14.8% | $133,700 +20.6% |
| 2000 | $1,659 | $110,900 |
Find assessor info on the county website
Neighborhood: The Lakes
Nearby schools
GreatSchools rating
- 6/10Neely O Brien Elementary SchoolGrades: K-5Distance: 0.5 mi
- 2/10Mill Creek Middle SchoolGrades: 6-8Distance: 1.7 mi
- 2/10Kent-Meridian High SchoolGrades: 9-12Distance: 3 mi
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Estimated market value
$423,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$423,500
- Washington
- King County
- Kent
- 98032
- The Lakes
- 5506 S 237th Place Unit 4-4