Listed by Windermere RE West Campus Inc, Bought with Cobalt Real Estate
NOT LISTED FOR SALE

Estimated Value: $229,000 - $274,000

2 Beds
1 Bath
809 Sq Ft
$339/mo HOA Fee

Last Sold January 27, 2022

Last sale price $243,000 $300 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,893/month

80 Days on Market

Highlights

  • Property is near public transit
  • Territorial View
  • Balcony
  • Secluded Lot
  • Ground Level Unit
  • Patio

About This Home

As of January 2022

Quiet Forest Lake Condo Community. Ground floor unit is light and bright with an open floorplan. Great room with dining space. 2 bedroom, full bath, & stacking Washer & Dryer. Sliding door leads to patio with serene yard. 2 parking spots & private storage closet. Close to the heart of Federal Way with LOTS of amenities, bus transportation & soon to come Sound Transit Link Light Rail. I-5 access is 5 min away. No rental cap! FHA approved!

Last Agent to Sell the Property

Monique Bloedel

Windermere RE West Campus Inc License #29571 Listed on: 10/19/2021

Windermere RE West Campus Inc

Last Buyer's Agent

Timothy Johnston

Cobalt Real Estate License #135198

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1855383

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,834

Year Built

  • Built in 1977

Lot Details

  • East Facing Home

HOA Fees

  • $339 Monthly HOA Fees

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 809 Sq Ft Home
  • 3-Story Property
  • Insulated Windows
  • Blinds
  • Territorial Views

Kitchen

  • Electric Oven or Range
  • Stove
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Electric Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Carport

Outdoor Features

  • Balcony
  • Patio

Location

  • Ground Level Unit
  • Property is near public transit

Schools

  • Nautilus Elementary School
  • Sacajawea Jnr High Middle School
  • Federal Way Snr High School

Listing and Financial Details

  • Assessor Parcel Number 2595900180

Community Details

Overview

  • Association fees include common area maintenance, garbage, sewer, water
  • Kris O'neal Association
  • Secondary HOA Phone (253) 874-5250
  • Lake Forest Condo
  • Federal Way Subdivision
  • Park Phone (253) 874-5250 | Manager Kris O'Neal

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,834

Year Built

Built in 1977

Lot Details

0

HOA Fees

$339 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Year Built: 1977
  • Inclusions: Dishwasher,Dryer,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Lake Forest Condo
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 809
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 4
  • RemodeledUpdated: false
  • UnitFeatures: Balcony/Deck/Patio,Ground Floor,Insulated Windows
  • Special Features: None
  • Cumulative Days on Market: 1,312

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet, Balcony/Deck/Patio, Cooking-Electric, Dryer-Electric, Washer
  • Main Level Bedrooms: 2
  • Stories: 3
  • Bathrooms: 1
  • BathsFullMain: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • FloorNumberOfUnit: 1
  • StorageNo: 18
  • AppliancesIncluded: Dishwasher,Dryer,Refrigerator,Stove/Range,Washer
  • StorageLocation: Carport
  • WindowCoverings: Blinds

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Paved, Secluded
  • View: Yes
  • Waterfront: No
  • Direction Faces: East
  • Exterior Features: Wood
  • Structure Type: Multi Family
  • BusLineNearby: true
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Carport
  • Total Parking Spaces: 2
  • ParkingSpaceNumbers: 18 & Uncovered

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Heating Yn: Yes
  • Utilities: Electricity Available, Common Area Maintenance, Garbage
  • HeatingCoolingType: Wall
  • ApplianceHookups: Cooking-Electric,Dryer-Electric,Washer

Condo/Co-op/Association

  • Park Manager Name: Kris O'Neal
  • Park Manager Phone: 253-874-5250
  • Senior Community: No
  • Association Fee: 339
  • Association Fee Frequency: Monthly
  • Phone: 253-874-5250
  • Association: Yes
  • Pets Allowed: See Remarks, Subj to Restrictions
  • AssociationContactName: Kris O'Neal
  • CoOp: false

Fee Information

  • Association Fee Includes: Common Area Maintenance, Garbage, Sewer, Water

Schools

  • Junior High Dist: Federal Way
  • High School: Federal Way Snr High
  • Middle Or Junior School: Sacajawea Jnr High

Lot Info

  • Parcel Number: 2595900180
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Public Records
  • MLSSquareFootageSource: Public Records

Green Features

  • Efficiency: Insulated Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • RentalCap: No Rental Cap

Tax Info

  • Year: 2021
  • Tax Annual Amount: 1834

Multi Family

  • EnergySource: Electric
  • UnitsInBuildingTotal: 34

MLS Schools

  • Elementary School: Nautilus Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2021
Closed on
Jan 19, 2022
Sold by
Sarah Scott
Bought by
Pidde Melissa
Seller's Agent
Monique Bloedel
Windermere RE West Campus Inc
Buyer's Agent
Timothy Johnston
Cobalt Real Estate
List Price
$225,000
Sold Price
$243,000
Premium/Discount to List
$18,000
8%
Current Estimated Value
$241,633

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,367
Avg. Annual Appreciation
-0.10%

Purchase Details

Listed on
Nov 1, 2016
Closed on
Nov 15, 2016
Sold by
Lake Robert J
Bought by
Scott Sarah
Seller's Agent
Jim Marso
Better Properties N. Proctor
Buyer's Agent
Brett Smith
One and Only Realty
List Price
$110,000
Sold Price
$110,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.60%

Purchase Details

Closed on
Dec 1, 2015
Sold by
Catlett Dale and Edwards Margaret
Bought by
Lake Robert J

Purchase Details

Closed on
Oct 21, 2005
Sold by
Henderson Sheila
Bought by
Catlett Dale and Edwards Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,700
Interest Rate
5.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 2001
Sold by
Lake Robert J
Bought by
Henderson Sheila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,975
Interest Rate
11.15%

Purchase Details

Closed on
Apr 18, 1996
Sold by
Mceachern Phillip D and Mceachern Mary K
Bought by
Lake Robert J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
7.41%
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Pidde Melissa $243,000 Old Republic Title
Scott Sarah $110,000 Fidelity Natio
Lake Robert J $75,000 Cw Title Co
Catlett Dale $93,000 Old Republic T
Henderson Sheila $83,500 Stewart Title
Lake Robert J $43,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Catlett Dale $85,369
Previous Owner Catlett Dale $83,700
Previous Owner Henderson Sheila $85,000
Previous Owner Henderson Sheila $83,250
Previous Owner Henderson Sheila $70,975
Previous Owner Lake Robert J $40,000
Closed Henderson Sheila $12,525
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2022 01/27/22 Sold $243,000 +8.0% $300 / Sq Ft
01/07/2022 01/07/22 Pending -- -- --
01/04/2022 01/04/22 For Sale $225,000 0.0% $278 / Sq Ft
10/22/2021 10/22/21 Pending -- -- --
10/19/2021 10/19/21 For Sale $225,000 +104.5% $278 / Sq Ft
11/29/2016 11/29/16 Sold $110,000 0.0% $136 / Sq Ft
11/02/2016 11/02/16 Pending -- -- --
11/01/2016 11/01/16 For Sale $110,000 -- $136 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

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
2024 $2,632 $228,000 $33,500 $194,500
2023 $2,378 $250,000 $24,100 $225,900
2022 $1,937 $243,000 $21,400 $221,600
2021 $1,834 $171,000 $18,700 $152,300
2020 $1,724 $152,000 $18,700 $133,300
2018 $1,284 $116,000 $16,000 $100,000
2017 $1,199 $90,000 $16,000 $74,000
2016 $1,250 $84,000 $16,000 $68,000
2015 $1,036 $84,000 $16,000 $68,000
2014 -- $71,000 $13,400 $57,600
2013 -- $51,000 $13,400 $37,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1855383

Northwest Multiple Listing Service (NWMLS)

APN: 259590-0180