Seller's Agent in 2022
Adisu Fanta
eXp Realty
(206) 255-3715
1 in this area
116 Total Sales
Listed by eXp Realty, Bought with Windermere Bellevue Commons
1040 S 320th St Unit B23 Federal Way, WA 98003
Federal Way City Center NeighborhoodEstimated Value: $315,000 - $330,000
2
Beds
1.5
Baths
1,088
Sq Ft
$299/Sq Ft
Est. Value
Highlights
- Gated Community
- Mountain View
- 1 Fireplace
- 1.54 Acre Lot
- Property is near public transit
- Balcony
About This Home
As of June 2022Welcome to this stunning townhouse in the heart of Federal Way! Inside you’ll find new trim & fresh paint in this well-maintained condo. Laminate flooring throughout the downstairs and a quiet balcony on the main level, you’ll also find lots of storage in the updated kitchen, a hybrid living and dining room space with gas fireplace and a half bath for guests. Upstairs is a large primary suite with private bathroom, and a second bedroom or office with walk-in closet. Friendly community with a gated entry. HOA just replaced all the carports and will be replacing the decks and storage rooms next. With it’s convenient location, walking distance to great restaurants, parks, grocery store shopping centers, this is one not to be missed!
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 1928652
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $2,175
Year Built
- Built in 1978
Lot Details
- Street terminates at a dead end
- West Facing Home
HOA Fees
- $410 Monthly HOA Fees
Parking
- Carport
Property Views
- Mountain
- Territorial
Home Design
- Composition Roof
- Vinyl Construction Material
Interior Spaces
- 1,088 Sq Ft Home
- Multi-Level Property
- 1 Fireplace
- Insulated Windows
Kitchen
- Electric Oven or Range
- Stove
- Dishwasher
Flooring
- Wall to Wall Carpet
- Laminate
Bedrooms and Bathrooms
- 2 Bedrooms
Laundry
- Electric Dryer
- Washer
Outdoor Features
- Balcony
- Patio
Location
- Property is near public transit
- Property is near a bus stop
Schools
- Mirror Lake Elementary School
- Sacajawea Jnr High Middle School
- Federal Way Snr High School
Utilities
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 8682400140
Community Details
Overview
- Association fees include common area maintenance, garbage, sewer, water
- Federal Way Subdivision
- Park Phone (253) 652-8278 | Manager Trinidad South Board
Pet Policy
- Call for details about the types of pets allowed
Security
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 5, 2022
Closed on
May 26, 2022
Sold by
Negewo Meseret L
Bought by
Cleeton David L
Seller's Agent
Adisu Fanta
eXp Realty
Buyer's Agent
Brandi Manley
Windermere Bellevue Commons
List Price
$289,995
Sold Price
$325,000
Premium/Discount to List
$35,005
12.07%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199
Avg. Annual Appreciation
-0.24%
Original Mortgage
$292,500
Outstanding Balance
$278,305
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$44,167
Purchase Details
Listed on
Sep 26, 2017
Closed on
Oct 24, 2017
Sold by
Brown Mary C
Bought by
Negewo Meseret
Seller's Agent
Dori Custer
RE/MAX Integrity
Buyer's Agent
Adisu Fanta
eXp Realty
List Price
$169,500
Sold Price
$175,800
Premium/Discount to List
$6,300
3.72%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.26%
Original Mortgage
$140,640
Interest Rate
3.83%
Purchase Details
Closed on
Jun 21, 2004
Sold by
Raezer Stephanie K
Bought by
Brown Mary C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,760
Interest Rate
5.62%
Purchase Details
Closed on
Jan 28, 1998
Sold by
Boyce William M and Boyce Chi Hyon
Bought by
Raezer Stephanie K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,500
Interest Rate
7.05%
Purchase Details
Closed on
Nov 30, 1992
Sold by
Boyce William M and Chi Hyon
Bought by
Lee Young Bryan and Yang Im Lee
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cleeton David L | $325,000 | Ticor Title | |
| Negewo Meseret | $175,800 | Wfg Natl Title Co Of Wa Llc | |
| Brown Mary C | $112,200 | Stewart Title | |
| Raezer Stephanie K | $65,500 | -- | |
| Lee Young Bryan | $47,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cleeton David L | $292,500 | |
| Previous Owner | Negewo Meseret | $140,640 | |
| Previous Owner | Brown Mary C | $132,800 | |
| Previous Owner | Brown Mary C | $117,075 | |
| Previous Owner | Brown Mary C | $89,760 | |
| Previous Owner | Raezer Stephanie K | $63,500 | |
| Closed | Brown Mary C | $22,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/10/2022 06/10/22 | Sold | $325,000 | +12.1% | $299 / Sq Ft |
| 05/12/2022 05/12/22 | Pending | -- | -- | -- |
| 05/05/2022 05/05/22 | For Sale | $289,995 | +65.0% | $267 / Sq Ft |
| 10/30/2017 10/30/17 | Sold | $175,800 | +3.7% | $162 / Sq Ft |
| 10/03/2017 10/03/17 | Pending | -- | -- | -- |
| 09/26/2017 09/26/17 | For Sale | $169,500 | -- | $156 / Sq Ft |
Source: Northwest Multiple Listing Service (NWMLS)
Tax History Compared to Growth
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 | $3,318 | $288,000 | $54,400 | $233,600 |
| 2023 | $2,441 | $297,000 | $38,800 | $258,200 |
| 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 | $1,729 | $119,000 | $18,600 | $100,400 |
| 2016 | $1,542 | $121,000 | $18,600 | $102,400 |
| 2015 | $1,334 | $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
-
Adisu Fanta
-
Mahlet Altaye
Seller Co-Listing Agent in 2022
Mahlet Altaye
KW Greater Seattle
(206) 371-4834
1 in this area
124 Total Sales
-
Brandi Manley
Buyer's Agent in 2022
Brandi Manley
Windermere Corporate
(206) 371-8369
1 in this area
27 Total Sales
-
Dori Custer
Seller's Agent in 2017
Dori Custer
RE/MAX
(206) 356-0583
41 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 1928652
APN: 868240-0140
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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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