Listed by Keller Williams Realty PS, Bought with KW Mountains to Sound Realty
$276,500
SOLD SEP 27, 2024
2 Beds
1 Bath
825 Sq Ft
$349/mo HOA Fee

Recently Sold

$335 Per Sq Ft

8% Below List Price

77 Days on Market

Highlights

  • Secluded Lot
  • Ground Level Unit
  • Patio
  • Territorial View
  • Balcony
  • Bathroom on Main Level

About This Home

As of September 2024

Beautifully remodeled 2bd/1bth single-level unit nestled in the quiet& secluded community of Forest Lake. Bright& open w/LED can lighting added throughout, new LVP flooring, fresh paint, new doors& trim, new water heater, new washer/dryer& more! Kitchen is beautifully redone w/New soft close cabinets, pro appliances, quartz countertops& SS range hood! 2 parking passes w/Covered spot& additional storage unit! Great commuter location! Walk to middle& high schools, bus stops& light rail! Just 20min to SeaTac! Close to shopping, restaurants, parks, lakes& more! Complex has new roof& new asphalt! All appliances stay! No rent cap! HOA dues cover Sewer, Water& Garbage! Pets allowed! FHA approved! Ideal for 1st-time buyers/investors. Must see!

Last Agent to Sell the Property

Travis Morris

Keller Williams Realty PS License #111591

Keller Williams Realty PS

Last Buyer's Agent

Dee Dee Shirkey

KW Mountains to Sound Realty License #24013624

KW Mountains to Sound Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2251635

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,321

Year Built

  • Built in 1977

HOA Fees

  • $349 Monthly HOA Fees

Home Design

  • Flat Roof Shape
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 825 Sq Ft Home
  • 2-Story Property
  • Insulated Windows
  • Vinyl Plank Flooring
  • Territorial Views

Kitchen

  • Stove
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Carport
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Patio

Schools

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

Utilities

  • Baseboard Heating
  • Water Heater

Additional Features

  • Street terminates at a dead end
  • Ground Level Unit

Listing and Financial Details

Community Details

Overview

  • Association fees include common area maintenance, garbage, sewer, water
  • 34 Units
  • Kris O Neal Association
  • Secondary HOA Phone (206) 200-1147
  • Forest Lake Condominiums
  • Federal Way Subdivision
  • Park Phone (206) 200-1147 | Manager Kris O'Neal

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,321

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
  • Buyer Agency Compensation: 2
  • Inclusions: Dishwasher(s),Dryer(s),Garbage Disposal,Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Forest Lake Condominiums
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 825
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 0
  • RemodeledUpdated: true
  • UnitFeatures: Balcony/Deck/Patio,Ground Floor,Insulated Windows
  • SOCComments: Thank you!
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2251635?w=Consumer&agent=93978
  • Special Features: VirtualTour
  • Cumulative Days on Market: 298

Interior Features

  • Appliances: Dishwasher(s), Dryer(s), Disposal, Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Full Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace: No
  • Flooring: Vinyl Plank
  • Interior Amenities: Balcony/Deck/Patio, Water Heater
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Stories: 2
  • 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
  • AppliancesIncluded: Dishwasher(s),Dryer(s),Garbage Disposal,Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • StorageLocation: Under Carport

Exterior Features

  • Roof: Flat
  • View: Territorial
  • Lot Features: Dead End Street, Paved, Secluded
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Structure Type: Multi Family
  • ViewFrom: Unit

Garage/Parking

  • Carport Y N: Yes
  • Parking Features: Carport, Off Street
  • Total Parking Spaces: 2
  • ParkingSpaceNumbers: 6A & 6B

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • WaterHeaterLocation: Hallway Closet
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Park Manager Name: Kris O'Neal
  • Park Manager Phone: 206-200-1147
  • Senior Community: No
  • Association Fee: 349
  • Association Fee Frequency: Monthly
  • Phone: 206-200-1147
  • Association: Yes
  • Pets Allowed: Subj to Restrictions
  • Common Interest: Condominium
  • AssociationContactName: Kris O-Neal

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: 2595900060
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSSquareFootageSource: Realist

Green Features

  • Efficiency: Insulated Windows
  • Power Production Type: Electric

Rental Info

  • RentalCap: No Rental Cap

Tax Info

  • Year: 2023
  • Tax Annual Amount: 2321

Multi Family

  • Number Of Units In Community: 34
  • EnergySource: Electric
  • UnitsInBuildingTotal: 4

MLS Schools

  • Elementary School: Nautilus Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2024
Closed on
Sep 19, 2024
Sold by
Strength Resource Systems Inc
Bought by
Durham Alexus
Seller's Agent
Travis Morris
Keller Williams Realty PS
Buyer's Agent
Dee Dee Shirkey
KW Mountains to Sound Realty
List Price
$299,000
Sold Price
$276,500
Premium/Discount to List
-$22,500
-7.53%
Total Days on Market
77
Views
29
Current Estimated Value
$268,680

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,820
Avg. Annual Appreciation
-0.79%
Original Mortgage
$66,803
Outstanding Balance
$62,678
Interest Rate
6.49%
Mortgage Type
FHA
Estimated Equity
$212,415

Purchase Details

Closed on
Jun 2, 2011
Sold by
The Secretary Of Housing & Urban Develop
Bought by
Strength Resource Systems Inc

Purchase Details

Closed on
Aug 23, 2010
Sold by
Smith William M
Bought by
Bac Home Loans Servicing Lp and Countrywide Home Loans Servicing Lp

Purchase Details

Closed on
Jun 27, 2007
Sold by
Huynh Tuan Anh and Nguyen Huong Xuan
Bought by
Smith William M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,864
Interest Rate
6.21%

Purchase Details

Closed on
Sep 29, 1997
Sold by
Borland Gregory D and Borland Lyle D
Bought by
Huynh Tuan Anh and Nguyen Huong Xuan

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $276,500 Alliance Title
Warranty Deed -- First American
Warranty Deed $149,630 None Available
Warranty Deed -- None Available
Warranty Deed $134,950 Rainier Title
Warranty Deed $32,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $66,803 FHA
Open $225,071 FHA
Previous Owner $680,200 Commercial
Previous Owner $122,250 Stand Alone Refi Refinance Of Original Loan
Previous Owner $132,864 No Value Available
Previous Owner $93,600 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2024 09/27/24 Sold $276,500 +0.5% $335 / Sq Ft
08/29/2024 08/29/24 Pending -- -- --
08/01/2024 08/01/24 Price Changed $275,000 -8.0% $333 / Sq Ft
06/26/2024 06/26/24 For Sale $299,000 0.0% $362 / Sq Ft
06/16/2024 06/16/24 Pending -- -- --
06/13/2024 06/13/24 For Sale $299,000 -- $362 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

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 $2,616 $226,000 $33,500 $192,500
2023 $2,708 $249,000 $24,100 $224,900
2022 $1,806 $237,000 $21,400 $215,600
2021 $1,694 $159,000 $18,700 $140,300
2020 $1,560 $140,000 $18,700 $121,300
2018 $1,158 $116,000 $16,000 $100,000
2017 $1,143 $81,000 $16,000 $65,000
2016 $1,163 $80,000 $16,000 $64,000
2015 $1,036 $78,000 $16,000 $62,000
2014 -- $71,000 $13,400 $57,600
2013 -- $51,000 $13,400 $37,600
Source: Public Records

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2251635

Northwest Multiple Listing Service (NWMLS)

APN: 259590-0060