Listed by Skyline Properties, Inc., Bought with Skyline Properties, Inc.
NOT LISTED FOR SALE

Estimated Value: $232,000 - $290,736

2 Beds
1 Bath
811 Sq Ft
$349/mo HOA Fee

Last Sold December 07, 2023

Last sale price $265,000 $327 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,013/month

9 Days on Market

Highlights

  • Contemporary Architecture
  • Territorial View
  • Patio
  • Secluded Lot
  • Balcony
  • Vinyl Plank Flooring

About This Home

As of December 2023

Welcome home to this refreshed two bedroom, one bath top floor unit in Forest Lake Condominiums! This quiet and secluded community is surrounded by lots of greenery. Unit features all new LVP flooring throughout, new light fixtures, switches, sockets, new paint, kitchen counter tops and new vanity in the bathroom. All appliances including washer/ dryer stay with the home. Covered parking and additional storage are included. Great for first time home buyers and investors. Close to transit, commuter routes, shopping and restaurants.

Last Agent to Sell the Property

George Netimah

Skyline Properties, Inc. License #124678 Listed on: 10/24/2023

Skyline Properties, Inc.

Co-Listed By

Terry Kusi

Skyline Properties, Inc. License #90517

Last Buyer's Agent

Ellie Wu

Skyline Properties, Inc. License #20119365

Skyline Properties, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2171491

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,406

Year Built

  • Built in 1977

Lot Details

  • 1.88

HOA Fees

  • $349 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Shake Roof
  • Wood Siding

Interior Spaces

  • 811 Sq Ft Home
  • 3-Story Property
  • Vinyl Plank Flooring
  • Territorial Views

Kitchen

  • Oven or Range
  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Carport

Outdoor Features

  • Balcony
  • Patio

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating

Listing and Financial Details

Community Details

Overview

  • Association fees include garbage, sewer, water
  • 34 Units
  • Kris O'neal Association
  • Secondary HOA Phone (253) 874-5250
  • Forest Lake Condominium Condos
  • 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

$2,406

Year Built

Built in 1977

Lot Details

0

HOA Fees

$349 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
  • Architectural Style: Contemporary
  • Building Name: Forest Lake Condominium
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 811
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 20
  • UnitFeatures: Balcony/Deck/Patio
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2171491?w=Consumer&agent=108391
  • Special Features: None
  • Cumulative Days on Market: 616

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Vinyl Plank
  • Interior Amenities: Balcony/Deck/Patio
  • 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: 3
  • StorageNo: 21
  • AppliancesIncluded: Dishwasher,Dryer,Refrigerator,Stove/Range,Washer

Exterior Features

  • Roof: Cedar Shake
  • View: Territorial
  • Lot Features: Paved, Secluded, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Structure Type: Multi Family
  • ViewFrom: Unit

Garage/Parking

  • Carport Y N: Yes
  • Covered Parking Spaces: 1
  • Parking Features: Carport
  • Total Parking Spaces: 1
  • ParkingSpaceNumbers: 21

Utilities

  • Cooling: Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard
  • Heating Yn: Yes

Condo/Co-op/Association

  • Park Manager Name: Kris O'Neal
  • Park Manager Phone: 253-874-5250
  • Senior Community: No
  • Association Fee: 349
  • Association Fee Frequency: Monthly
  • Phone: 253-874-5250
  • Association: Yes
  • Pets Allowed: Subj to Restrictions
  • Common Interest: Condominium
  • AssociationContactName: Kris O'Neal

Fee Information

  • Association Fee Includes: Garbage, Sewer, Water

Schools

  • Junior High Dist: Federal Way

Lot Info

  • Parcel Number: 2595900210
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSSquareFootageSource: KCR

Green Features

  • Power Production Type: Electric

Rental Info

  • RentalCap: No Rental Cap

Tax Info

  • Year: 2023
  • Tax Annual Amount: 2406

Multi Family

  • Number Of Units In Community: 34
  • EnergySource: Electric
  • UnitsInBuildingTotal: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2023
Closed on
Dec 1, 2023
Sold by
Macharia Nicholas M
Bought by
Snow Lu David
Seller's Agent
George Netimah
Skyline Properties, Inc.
Buyer's Agent
Ellie Wu
Skyline Properties, Inc.
List Price
$265,000
Sold Price
$265,000
Views
28
Current Estimated Value
$260,566

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,434
Avg. Annual Appreciation
-0.11%
Original Mortgage
$5,300
Outstanding Balance
$2,697
Interest Rate
7.79%
Mortgage Type
New Conventional
Estimated Equity
$261,830

Purchase Details

Closed on
Nov 5, 2007
Sold by
White Belinda H
Bought by
Macharia Nicholas M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,000
Interest Rate
6.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 22, 2005
Sold by
Schnee Rodger E and Schnee Gary
Bought by
White Belinda H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,900
Interest Rate
5.26%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 8, 2000
Sold by
Schnee Derek
Bought by
Schnee Gary and Schnee Marilou
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Snow Lu David $265,000 Chicago Title
Macharia Nicholas M $134,000 First American
White Belinda H $104,500 Ticor National
Schnee Gary -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Snow Lu David $5,300
Open Snow Lu David $257,050
Previous Owner Macharia Nicholas M $129,500
Previous Owner Macharia Nicholas M $134,000
Previous Owner White Belinda H $20,900
Previous Owner White Belinda H $83,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2023 12/07/23 Sold $265,000 0.0% $327 / Sq Ft
11/02/2023 11/02/23 Pending -- -- --
10/24/2023 10/24/23 For Sale $265,000 -- $327 / 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 $2,697 $235,000 $33,500 $201,500
2023 $2,407 $268,000 $24,100 $243,900
2022 $2,025 $246,000 $21,400 $224,600
2021 $1,963 $179,000 $18,700 $160,300
2020 $1,828 $163,000 $18,700 $144,300
2018 $1,367 $116,000 $16,000 $100,000
2017 $1,227 $96,000 $16,000 $80,000
2016 $1,352 $86,000 $16,000 $70,000
2015 $1,050 $91,000 $16,000 $75,000
2014 -- $72,000 $13,400 $58,600
2013 -- $53,000 $13,400 $39,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2171491

Northwest Multiple Listing Service (NWMLS)

APN: 259590-0210