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4740 Lake Place South #A, Renton, WA, 98055

3beds
3baths
1,642sqft
$529,000
$322price/sqft
$3,265/moest. monthly cost
$130,600/yrincome needed

About This Home

Welcome to this inviting 3-bedroom, 2.25-bath end unit townhome, offering over 1,600 square feet of living space in a well-maintained gated community. The open concept floor plan fills the living room with much desired natural light. For those cooler evenings, cozy next to the blissful fireplace. The delightful kitchen features ample counter space and sparkling stainless steel appliances, with a quaint dining area conveniently adjacent for easy mealtime access. The expansive primary bedroom includes an attached bath and a large walk-in closet, while two sizable spare bedrooms provide additional space. A conveniently located laundry room sits between the bedrooms. The abundantly oversized two-car garage offers plenty of storage and parking. This lovely home has been freshly updated with new flooring, interior paint, and beautiful new blinds on every window. This pristine property is located just minutes from Highway 167 and I-5, with easy access to shopping, dining, and entertainment. Don’t miss out—schedule your home tour today!

Getting Around

19
WalkingCar-Dependent
36
TransitSome Transit
18
BikeSomewhat Bikeable

Schools

3/10
4/10
Nelsen Middle SchoolGrades 6-81.7 mi
4/10

Construction

Condition

  • Year built: 2000

Materials

  • Roof: Composition
  • Construction materials: Metal/Vinyl,Wood Products

Notable Dates

  • Major remodel year: 2000

Type & Style

  • Home type: Condo
  • Architectural style: Townhouse,Condo (2 Levels)
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Microwave,Refrigerator,Stove(s)/Range(s),Washer,Dishwasher(s),Dryer(s),Microwave(s),Refrigerator(s),Washer(s),Water Heater: Gas,Water Heater Location: Garage

Bathroom Full

  • Level: Second

Bathroom Three Quarter

  • Level: Second

Bedroom

  • Level: Second

Bedroom

  • Level: Second

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 1
  • 3/4 bathrooms: 1
  • 1/2 bathrooms: 1
  • Main level bathrooms: 1

Dining Room

  • Level: Main

Entry Hall

  • Level: Split

Features

  • Window features: Coverings: New Blinds
  • Flooring: Ceramic Tile,Laminate
  • Number of fireplaces: 1
  • Fireplace features: Gas,Main Level: 1,Fireplace
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Fireplace,Radiant,Wall Furnace,Electric,Natural Gas
  • Cooling features: None

Interior Area

  • Total structure area: 1,642
  • Total interior livable area: 1,642 sqft

Kitchen With Eating Space

  • Level: Main

Living Room

  • Level: Main

Master Bedroom

  • Level: Second

Other

  • Level: Main

Utility Room

  • Level: Second

Property

Details

  • Parcel number: 0290502120
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Entry location: Split
  • Patio & porch: End Unit,Fireplace,Walk-In Closet(s),Water Heater
  • Has view: Yes
  • View description: Territorial

Lot

  • Features: Curbs,Dead End Street,Paved

Parking

  • Total spaces: 2
  • Parking features: Individual Garage,Off Street
  • Has garage: Yes
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Earthquake
Heat Wave

FEMA Declared Disasters in King County and Washington

Fire
Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,674$32,088
Home Insurance *$107$1,284
Property Taxes $335$4,020
Electricity $149$1,793
Total$3,265$39,180
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$111,942/yr
40% on housing$97,950/yr
45% on housing$87,066/yr

Washington FAIR Plan Programs

Washington FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 306Commercial: 55
Total Premiums$858,000
Total Exposure$176.33M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.9%
8.9%
0%30.0%
Electricity Growth Rate10-year average: 3.0%
3.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.7%
1.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$322This listing

vs Other Active Listings

Avg $/sqft

ZIP 98055$267
King County$442

vs Homes Sold Last Month

Median $/sqft

ZIP 98055$361
King County$485

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-01Price change$529,000
2026-06-18Listed for sale$549,000
2021-03-22Listing removed--
2021-02-24Listed for rent$2,500
2017-07-10Listing removed$2,300
2017-07-02Listed for rent$2,300
2017-06-27Listing removed$375,000
2017-06-13Listed for sale$375,000
2004-10-22Sold$249,950

For Sale by Agent

AgentGerald L. Harrison
BrokerageBallpark Realty

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