NOT LISTED FOR SALE

1720 SW 318th Place Unit C Federal Way, WA 98023

Lakota Neighborhood

Estimated Value: $281,000 - $313,640

2 Beds
2 Baths
1,207 Sq Ft
$242/Sq Ft Est. Value

About This Home

This home is located at 1720 SW 318th Place Unit C, Federal Way, WA 98023 and is currently estimated at $292,160, approximately $242 per square foot. 1720 SW 318th Place Unit C is a home located in King County with nearby schools including Adelaide Elementary School, Lakota Middle School, and Decatur High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 6, 2025
Sold by
Meesri Kornwika
Bought by
Lee Eun Ah and Lee Jin Ho
Current Estimated Value
$292,160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Outstanding Balance
$190,000
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$107,171

Purchase Details

Closed on
Feb 17, 2016
Sold by
Emerald Shores Investments Llc
Bought by
Meesri Kornwika

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,645
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 3, 2014
Sold by
Bank Of America Na
Bought by
Emerald Shores Investments Llc

Purchase Details

Closed on
Oct 23, 2014
Sold by
Corbett Gayle R
Bought by
Bank Of America Na

Purchase Details

Closed on
Jul 19, 2011
Sold by
Rathbun Mary V
Bought by
Corbett Gayle R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,465
Interest Rate
4.46%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 3, 1994
Sold by
Bergquist Victoria Diede and Diede Victoria
Bought by
Rathbun Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,600
Interest Rate
8.55%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Lee Eun Ah $280,000 None Listed On Document
Meesri Kornwika $130,000 Rainier Title
Emerald Shores Investments Llc $89,293 Nextitle
Bank Of America Na $89,000 1St Am
Corbett Gayle R $99,000 First American
Rathbun Mary $69,700 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Eun Ah $190,000
Previous Owner Meesri Kornwika $168,750
Previous Owner Meesri Kornwika $35,000
Previous Owner Meesri Kornwika $127,645
Previous Owner Corbett Gayle R $3,465
Previous Owner Corbett Gayle R $96,490
Previous Owner Rathbun Mary $61,500
Previous Owner Rathbun Mary $25,000
Previous Owner Rathbun Mary $67,600
Source: Public Records

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 $3,460 $292,000 $55,800 $236,200
2023 $3,258 $293,000 $38,300 $254,700
2022 $2,437 $265,000 $34,800 $230,200
2021 $2,438 $210,000 $31,300 $178,700
2020 $2,181 $198,000 $31,300 $166,700
2018 $2,094 $164,000 $27,900 $136,100
2017 $1,826 $144,000 $27,900 $116,100
2016 $1,742 $125,000 $24,400 $100,600
2015 $1,459 $114,000 $24,400 $89,600
2014 -- $97,000 $20,900 $76,100
2013 -- $66,000 $20,900 $45,100
Source: Public Records

Map

Washington King County Federal Way 98023 Lakota

1720 SW 318th Place Unit C, Federal Way, WA

This home is located at 1720 SW 318th Place Unit C, Federal Way, WA 98023 and is currently estimated at $292,160, approximately $242 per square foot. 1720 SW 318th Place Unit C is a home located in King County with nearby schools including Adelaide Elementary School, Lakota Middle School, and Decatur High School.

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