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5021 Ripley Lane N #203, Renton, WA, 98056

2beds
2baths
932sqft
$569,000
$611price/sqft
$3,611/moest. monthly cost
$144,440/yrincome needed

About This Home

Waterfront living with breathtaking Lake Washington views. This light-filled 2 BDRM, 1.75 BATH home offers exceptional lake views and a thoughtfully updated interior featuring hardwood floors throughout, remodeled kitchen & bathrooms. Enjoy sunset & lake views, the community pool, and the nearby Seahawks Training Facility from your private deck. What a unique opportunity! The desirable Southern exposure fills the home with warm natural light throughout the day and offers beautiful sunsets to enjoy from the comfort of home. Residents enjoy resort-like amenities including a lakeside pool, private dock, and sauna, providing easy access to swimming, paddleboarding, kayaking, & other waterfront activities. Keep an eye out for the bald eagles nesting nearby, a one of the kind sight special to this lakeside setting. Located adjacent to the Eastrail corridor, residents enjoy easy access to miles of scenic walking & biking along the eastern shore of Lake Washington, with future expansion planned to create a 42-mile regional connection from Renton to Snohomish. Welcome home!

Getting Around

20
WalkingCar-Dependent
0
TransitNo Nearby Transit
62
BikeBikeable

Schools

7/10
7/10
6/10
Hazen Senior High SchoolGrades 9-123.2 mi

Construction

Condition

  • Year built: 1968

Materials

  • Roof: See Remarks
  • Construction materials: Wood Products

Type & Style

  • Home type: Condo
  • Architectural style: Condo (1 Level)
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Microwave,Refrigerator,Stove(s)/Range(s),Dishwasher(s),Garbage Disposal,Microwave(s),Refrigerator(s),Water Heater: electric,Cooking - Electric Hookup,Cooking-Electric
  • Laundry features: Common Area

Bedrooms & Bathrooms

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

Features

  • Window features: Insulated Windows
  • Flooring: Ceramic Tile,Engineered Hardwood

Heating & Cooling

  • Heating features: Wall Furnace,Electric
  • Cooling features: None

Interior Area

  • Total structure area: 932
  • Total interior livable area: 932 sqft

Property

Details

  • Parcel number: 5561550250
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Cooking-Electric,Insulated Windows,Primary Bathroom,Water Heater
  • Has view: Yes
  • View description: Lake,Territorial
  • Has water view: Yes
  • Water view: Lake
  • On waterfront: Yes
  • Waterfront features: Bulkhead

Lot

  • Features: Dead End Street,Paved

Parking

  • Total spaces: 1
  • Parking features: Uncovered
  • Has uncovered spaces: Yes
  • Uncovered spaces: 1

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
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Earthquake
Heat Wave
Inland Flooding

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 $2,877$34,524
Home Insurance *$76$912
Property Taxes $509$6,108
Electricity $149$1,793
Total$3,611$43,332
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$123,805/yr
40% on housing$108,330/yr
45% on housing$96,293/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

$611This listing

vs Other Active Listings

Avg $/sqft

ZIP 98056$459
King County$442

vs Homes Sold Last Month

Median $/sqft

ZIP 98056$492
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
2026-08-04Price change$549,950
2026-06-26Listed for sale$569,000
2025-01-07Sold$510,000
2024-11-24Pending sale$525,000
2024-09-10Price change$525,000
2024-07-19Price change$535,000
2024-06-13Listed for sale$549,000
2017-05-17Sold$350,000
2012-07-28Listing removed$1,450
2012-07-19Price change$1,500
2012-06-29Listed for rent$1,700
1998-05-28Sold$117,000

For Sale by Agent

AgentCendy C. Lee
BrokerageRSVP Brokers ERA

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