NOT LISTED FOR SALE

Estimated Value: $335,000 - $371,000

2 Beds
2 Baths
1,042 Sq Ft
$425/mo HOA Fee

Last Sold April 25, 2022

Last sale price $400,000 $384 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $2,689/month

2 Days on Market

Highlights

  • Property is near public transit
  • Territorial View
  • 1 Fireplace
  • Secluded Lot
  • Vaulted Ceiling
  • 2-minute walk to Adelaide Park

About This Home

As of April 2022

Welcome to Shady Tree Condominiums. This lovely end unit rambler style home features 2 bedrooms & 2 bathrooms with a large 2 car garage plus a huge side deck that is surrounded by a green belt that is owned by the association. Green trees and shrubs give you privacy and natural beauty. This home has AC & a gas fireplace with updated bathrooms, dining room plank flooring, & a huge living room with a vaulted ceiling. You are centrally located for easy access to shopping, parks, beaches and Starbucks! Or just walk the trails in the area and enjoy your privacy. Only 1 step to access the front door and there is plenty of additional parking in the driveway. HOA dues include common area and yard maintenance, water and sewer! See it now.

Last Agent to Sell the Property

Susie Horan

Berkshire Hathaway HS NW License #39378 Listed on: 03/25/2022

Berkshire Hathaway HS NW

Co-Listed By

Kay Jones

Berkshire Hathaway HS NW License #43022

Last Buyer's Agent

Tay Krull

Berkshire Hathaway HS NW License #25263

Berkshire Hathaway HS NW

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1905827

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,915

Year Built

  • Built in 1981

Lot Details

  • Open Space
  • End Unit
  • South Facing Home

HOA Fees

  • $425 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Composition Roof
  • Wood Siding
  • Cement Board or Planked
  • Wood Composite

Interior Spaces

  • 1,042 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • 1 Fireplace
  • Insulated Windows
  • Territorial Views

Kitchen

  • Electric Oven or Range
  • Stove
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Vinyl Plank
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Laundry

  • Electric Dryer
  • Washer

Outdoor Features

  • Balcony
  • Patio

Location

  • Ground Level Unit
  • Property is near public transit

Schools

  • Adelaide Elementary School
  • Lakota Mid Sch Middle School
  • Decatur High School

Utilities

  • Central Air
  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number 7703800440

Community Details

Overview

  • Association fees include common area maintenance
  • 48 Units
  • Rachel Turner Association
  • Secondary HOA Phone (253) 927-3076
  • Shady Tree Condominiums
  • Adelaide Subdivision
  • Park Phone (253) 927-3076 | Manager Total Property Management

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,915

Year Built

Built in 1981

Lot Details

0

HOA Fees

$425 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Year Built: 1981
  • Inclusions: Dishwasher,Dryer,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Shady Tree Condominiums
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1042
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 1
  • RemodeledUpdated: true
  • UnitFeatures: Balcony/Deck/Patio,End Unit,Ground Floor,Insulated Windows,Primary Bath,Vaulted Ceilings
  • Special Features: None
  • Cumulative Days on Market: 1,179

Interior Features

  • Fireplaces: 1
  • Appliances: Dishwasher, Dryer, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace: Yes
  • Flooring: Vinyl, Vinyl Plank, Carpet
  • Interior Amenities: Forced Air, Central A/C, Wall to Wall Carpet, Balcony/Deck/Patio, Cooking-Electric, Dryer-Electric, Washer, Water Heater
  • Main Level Bedrooms: 2
  • Stories: 1
  • Bathrooms: 1.75
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • FloorNumberOfUnit: 1
  • AppliancesIncluded: Dishwasher,Dryer,Refrigerator,Stove/Range,Washer
  • WindowCoverings: Yes

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Curbs, Open Space, Paved, Secluded, Sidewalk
  • View: Yes
  • Waterfront: No
  • Direction Faces: South
  • Exterior Features: Cement Planked, Wood, Wood Products
  • Structure Type: Multi Family
  • BusLineNearby: true
  • ViewFrom: Unit

Garage/Parking

  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Individual Garage
  • Total Parking Spaces: 2

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling Y N: Yes
  • Utilities: Natural Gas Connected, Common Area Maintenance
  • HeatingCoolingType: Central A/C,Forced Air
  • ApplianceHookups: Cooking-Electric,Dryer-Electric,Washer
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Gas

Condo/Co-op/Association

  • Park Manager Name: Total Property Management
  • Park Manager Phone: 253-927-3076
  • Senior Community: No
  • Association Fee: 425
  • Association Fee Frequency: Monthly
  • Phone: 253-927-3076
  • Association: Yes
  • Pets Allowed: Subj to Restrictions
  • Common Interest: Condominium
  • AssociationContactName: Rachel Turner
  • CoOp: false

Fee Information

  • Association Fee Includes: Common Area Maintenance

Schools

  • Junior High Dist: Federal Way
  • High School: Decatur High
  • Middle Or Junior School: Lakota Mid Sch

Lot Info

  • Parcel Number: 7703800440
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSSquareFootageSource: Realist

Green Features

  • Efficiency: Insulated Windows
  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished
  • RentalCap: Below Rental Cap (See Remarks)

Tax Info

  • Year: 2022
  • Tax Annual Amount: 2915

Multi Family

  • Number Of Units In Community: 48
  • EnergySource: Natural Gas
  • UnitsInBuildingTotal: 2

MLS Schools

  • Elementary School: Adelaide Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 1, 2000
Sold by
Johnson Terri A
Bought by
Rickey Cermit M
Current Estimated Value
$351,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,250
Outstanding Balance
$47,035
Interest Rate
8.25%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$311,982
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
Rickey Cermit M $125,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rickey Cermit M $121,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2022 04/25/22 Sold $400,000 +8.1% $384 / Sq Ft
03/27/2022 03/27/22 Pending -- -- --
03/25/2022 03/25/22 For Sale $370,000 -- $355 / 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 $3,867 $343,000 $43,600 $299,400
2023 $3,051 $366,000 $31,300 $334,700
2022 $2,874 $307,000 $27,200 $279,800
2021 $2,859 $251,000 $27,200 $223,800
2020 $2,649 $235,000 $27,200 $207,800
2018 $2,580 $209,000 $21,800 $187,200
2017 $2,242 $178,000 $21,800 $156,200
2016 $2,016 $154,000 $21,800 $132,200
2015 $1,953 $132,000 $21,800 $110,200
2014 -- $131,000 $21,800 $109,200
2013 -- $105,000 $16,300 $88,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1905827

Northwest Multiple Listing Service (NWMLS)

APN: 770380-0440