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5603 S 232nd Street #2-1, Kent, WA, 98032

3beds
3baths
1,242sqft
$499,900
$402price/sqft
$3,246/moest. monthly cost
$129,840/yrincome needed

About This Home

Make this your next home! Beautifully updated 3-bedroom, 2.5-bath townhome in the sought-after Promenade North at The Lakes community. Enjoy serene pond views from this well-maintained home featuring upgraded hardwood floors throughout. The remodeled kitchen boasts newer cabinetry, countertops, and appliances. The main level offers a spacious dining area, convenient half bath with washer and dryer, cozy wood-burning fireplace, and a bright living room that opens to a private covered patio. Upstairs, the primary suite includes a walk-in closet and private en-suite bath, along with two additional bedrooms and a full bath. A large detached one-car garage is located directly in front of the home, providing the convenience of an attached garage feel. Ideally situated near Riverbend Golf Complex, parks, walking trails, and Kent Station. Easy access to I-5 and SR-167 makes this a commuter's dream. Don't miss this opportunity to own in one of Kent's most desirable communities!

Getting Around

39
WalkingCar-Dependent
41
TransitSome Transit
70
BikeVery Bikeable

Schools

2/10
Mill Creek Middle SchoolGrades 6-81.7 mi
2/10
Kent-Meridian High SchoolGrades 9-123.0 mi

Construction

Condition

  • Year built: 1997

Materials

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

Notable Dates

  • Major remodel year: 1997

Type & Style

  • Home type: Townhouse
  • Architectural style: Townhouse,Townhouse
  • Property subType: Townhouse,Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Dryer,Microwave,Refrigerator,Stove(s)/Range(s),Washer,Dishwasher(s),Dryer(s),Garbage Disposal,Microwave(s),Refrigerator(s),Washer(s)

Bathroom Full

  • Level: Second

Bathroom Full

  • Level: Second

Bedroom

  • Level: Second

Bedroom

  • Level: Second

Bedrooms & Bathrooms

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

Dining Room

  • Level: Main

Entry Hall

  • Level: Main

Features

  • Flooring: Ceramic Tile,Hardwood,Vinyl
  • Number of fireplaces: 1
  • Fireplace features: Wood Burning,Main Level: 1,Fireplace
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Fireplace,Baseboard,Electric
  • Cooling features: None

Interior Area

  • Total structure area: 1,242
  • Total interior livable area: 1,242 sqft

Kitchen With Eating Space

  • Level: Main

Living Room

  • Level: Main

Master Bedroom

  • Level: Second

Other

  • Level: Main

Utility Room

  • Level: Main

Property

Details

  • Parcel number: 6899970050
  • Special condition: Standard

Features

  • Levels: Multi/Split
  • Entry location: Main
  • Patio & porch: End Unit,Fireplace,Primary Bathroom
  • Has view: Yes
  • View description: Lake,Territorial
  • Has water view: Yes
  • Water view: Lake

Lot

  • Features: Dead End Street,Open Lot,Secluded,Sidewalk

Parking

  • Total spaces: 1
  • Parking features: Individual Garage
  • Has garage: Yes
  • Covered 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

  • Inland Flooding
    Inland FloodingVery High
  • Earthquake
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Inland Flooding
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 $2,527$30,324
Home Insurance *$113$1,356
Property Taxes $457$5,484
Electricity $149$1,793
Total$3,246$38,952
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$111,291/yr
40% on housing$97,380/yr
45% on housing$86,560/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

$402This listing

vs Other Active Listings

Avg $/sqft

ZIP 98032$230
King County$442

vs Homes Sold Last Month

Median $/sqft

ZIP 98032$337
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$495,000
2026-06-19Listed for sale$499,900
2023-08-01Sold$460,000
2018-05-01Sold$242,594

For Sale by Agent

AgentJason Winecka
BrokerageJohn L. Scott, Inc

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