NOT LISTED FOR SALE

1040 S 320th St Unit A40 Federal Way, WA 98003

Federal Way City Center Neighborhood

Estimated Value: $309,000 - $314,425

2 Beds
2 Baths
1,088 Sq Ft
1.54 Acres

Last Sold September 16, 2021

Last sale price $276,000 $254 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,917/month

Highlights

  • Contemporary Architecture
  • 1 Fireplace
  • Wall to Wall Carpet
  • Territorial View

About This Home

As of September 2021

This beautifully renovated 2 bed, 1.5 bath condo is the perfect move-in-ready property. Enjoy the luxurious kitchen, equipped with soft close cabinets, granite countertops, and stainless steel appliances. Other features like a gas fireplace, patio deck w/ storage shed, and large closets create an ideal living space. Includes 1 assigned carport and plenty of guest parking. Minutes away to freeway access for an easy commute, and seconds away from retail amenities. Walking distance to shops, restaurants, library, trails, parks, & bus lines. Minutes away from freeway access and incoming light rail stations. HOA covers water, sewer, and garbage.

Last Agent to Sell the Property

Andy Lee

COMPASS License #24028939 Listed on: 08/04/2021

COMPASS

Last Buyer's Agent

Tara Weed

Renaissance Real Estate LLC License #104786

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1818736

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,245

Year Built

  • Built in 1978

Lot Details

  • 1.54

Parking

  • Carport

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Territorial Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate

Laundry

  • Dryer
  • Washer

Listing and Financial Details

  • Assessor Parcel Number 8682400090

Community Details

Overview

  • Federal Way Community

Pet Policy

  • Pets allowed on a case-by-case basis
  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,245

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 31 - Condo (2 Levels)
  • Architecture: Contemporary
  • Unit Floor Number: 40
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Laminate Hardwood, Wall To Wall Carpet, R
  • Appliance Hookups: Cooking-Electric, Dryer-Electric, Washer
  • Appliances That Stay: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 2.00
  • Bathrooms: 1.50
  • Total Full Bathrooms: 1
  • Total Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 1
  • Fireplaces Lower: 1
  • Dining Room: Main
  • Kitchen: Main
  • Living Room: Main
  • Storage: Outside
  • Estimated Sq Ft: 1088

Exterior Features

  • Exterior: Metal/Vinyl
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Numberof Assigned Spaces: 1
  • Parking Type: Carport
  • Parking Space Number: 40

Utilities

  • Heating And Cooling: Baseboard

Condo/Co-op/Association

  • Numberof Units In Complex: 43
  • HOA Fees: 410
  • Community Name: Federal Way
  • Project: Trinidad South HOA
  • Cats And Dogs: Subj To Restrictions
  • Manager Contact Information: Chantelle Mitchell (253) 387-2200
  • Association Contact: Chantelle Mitchell (253) 387-2200
  • Common Property Features: Security Gate
  • Home Owner Dues Included: Garbage, Water/Sewer, Road Maintenance, Common Area Maintenance, Security Services
  • Unit Features: Ground Floor, Master Bath, Yard

Schools

  • Elementary School: Buyer To Verify
  • Middle School: Buyer To Verify
  • High School: Buyer To Verify
  • School District: FED

Lot Info

  • Lot Details: Paved Street
  • Lot Sq Ft: 67287
  • Parcel Number: 8682400090

Tax Info

  • Tax Amount: 2175

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2021
Closed on
Sep 15, 2021
Sold by
Lee Lily Oi Wah and Lee Gilbert Kwok
Bought by
Rodriguez Jesus Antonio and Rodriguez Sabrina Olimpia
Seller's Agent
Andy Lee
COMPASS
Buyer's Agent
Tara Weed
Renaissance Real Estate LLC
List Price
$249,950
Sold Price
$276,000
Premium/Discount to List
$26,050
10.42%
Current Estimated Value
$311,856

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,856
Avg. Annual Appreciation
3.48%
Original Mortgage
$10,653
Outstanding Balance
$9,798
Interest Rate
2.8%
Mortgage Type
Stand Alone Second
Estimated Equity
$306,917

Purchase Details

Listed on
Feb 15, 2019
Closed on
Apr 1, 2019
Sold by
Bonilla Jose Leon and Leon Bonnie
Bought by
Chu Lee Lily Ol Wah and Chu Lee Gilbert Kwok
Seller's Agent
Stacie Shelton
Best Choice Realty LLC
Buyer's Agent
Ramandeep Thoohan
Kelly Right RE of Seattle LLC
List Price
$220,000
Sold Price
$220,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.74%
Original Mortgage
$176,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 16, 2016
Sold by
Leon Bonnie K
Bought by
Bonilla Jose Leon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,150
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 24, 1998
Sold by
Merchant Patricia Ann
Bought by
Wiese Veda Joy

Purchase Details

Closed on
Jan 21, 1994
Sold by
Schaitel Kenneth D
Bought by
Merchant Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,400
Interest Rate
7.16%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Rodriguez Jesus Antonio $276,000 Wfg National Title
Chu Lee Lily Ol Wah $220,000 Chicago Title
Bonilla Jose Leon -- First American
Bonilla Jose Leon $95,000 First American
Wiese Veda Joy $63,500 --
Merchant Patricia $52,000 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodriguez Jesus Antonio $10,653
Open Rodriguez Jesus Antonio $271,000
Previous Owner Chu Lee Lily Ol Wah $176,000
Previous Owner Bonilla Jose Leon $139,200
Previous Owner Bonilla Jose Leon $45,000
Previous Owner Bonilla Jose Leon $92,150
Previous Owner Bonilla Jose Leon $3,686
Previous Owner Merchant Patricia $51,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2021 09/16/21 Sold $276,000 +10.4% $254 / Sq Ft
08/05/2021 08/05/21 Pending -- -- --
08/04/2021 08/04/21 For Sale $249,950 +13.6% $230 / Sq Ft
04/08/2019 04/08/19 Sold $220,000 0.0% $202 / Sq Ft
02/20/2019 02/20/19 Pending -- -- --
02/15/2019 02/15/19 For Sale $220,000 -- $202 / 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 $3,245 $280,000 $54,400 $225,600
2023 $2,441 $278,000 $38,800 $239,200
2022 $2,368 $248,000 $35,700 $212,300
2021 $2,175 $209,000 $31,000 $178,000
2020 $1,927 $180,000 $31,000 $149,000
2018 $1,704 $147,000 $23,300 $123,700
2017 $351 $119,000 $18,600 $100,400
2016 $304 $121,000 $18,600 $102,400
2015 $233 $103,000 $18,600 $84,400
2014 -- $91,000 $18,600 $72,400
2013 -- $66,000 $18,600 $47,400
Source: Public Records

Agents Affiliated with this Home

  • Andy Lee

    Seller's Agent in 2021

    Andy Lee

    Avenue Properties

    (253) 720-2937

    1 in this area

    95 Total Sales

    Andy Lee
    Section Image
  • Tara Weed

    Buyer's Agent in 2021

    Tara Weed

    Renaissance Real Estate LLC

    (253) 347-0551

    1 in this area

    66 Total Sales

    Tara Weed
    Section Image
  • Stacie Shelton

    Seller's Agent in 2019

    Stacie Shelton

    Best Choice Realty Brokerage

    (503) 931-6014

    146 Total Sales

    Stacie Shelton
    Section Image
  • Susan Kardstedt

    Seller Co-Listing Agent in 2019

    Susan Kardstedt

    Rethinking Real Estate LLC

    (253) 255-5966

    84 Total Sales

    Susan Kardstedt
    Section Image

  • R

    Buyer's Agent in 2019

    Ramandeep Thoohan

    Kelly Right RE of Seattle LLC

See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1818736

Northwest Multiple Listing Service (NWMLS)

APN: 868240-0090

Washington King County Federal Way 98003 Federal Way City Center

1040 S 320th St Unit A40, Federal Way, WA

This home is located at 1040 S 320th St Unit A40, Federal Way, WA 98003 since 04 August 2021 and is currently estimated at $311,856, approximately $286 per square foot. This property was built in 1978. 1040 S 320th St Unit A40 is a home located in King County with nearby schools including Mirror Lake Elementary School, Sacajawea Middle School, and Federal Way High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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