$207,500
SOLD MAY 16, 2019

1918 SW 318th Place Unit 14-C Federal Way, WA 98023

Lakota Neighborhood
2 Beds
2 Baths
1,130 Sq Ft
18 Acres

Recently Sold

$184 Per Sq Ft

1% Above List Price

3 Days on Market

Highlights

  • Territorial View
  • Ceramic Tile Flooring
  • Wood Siding

About This Home

As of May 2019

Extensively updated townhome-style condo features remodeled kitchen with slab granite counters, stainless steel appliances, ceramic tile floors & full height tile backsplash; remodeled bathrooms & wood laminate flooring on both levels. Cozy family room leads out to your spacious covered patio overlooking the peaceful greenspace. Master retreat with private balcony, walk-in closet & attached continental bathroom. Covered parking right out your front door. Tall Firs condos offer amenities galore!

Last Agent to Sell the Property

Chelsey Gerisilo

John L. Scott, Inc License #2745 Listed on: 04/11/2019

John L. Scott, Inc

Co-Listed By

Nick Gerisilo

John L. Scott, Inc License #72533

Last Buyer's Agent

Boots Swan

Better Properties Soundview License #8994

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1435247

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,350

Year Built

  • Built in 1978

Parking

  • Carport

Home Design

  • Composition Roof
  • Wood Siding
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Territorial Views

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Laundry

  • Dryer
  • Washer

Listing and Financial Details

  • Assessor Parcel Number 8561100550

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

$3,350

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 31 - Condo (2 Levels)
  • Entrance Level: Main
  • Unit Floor Number: 1
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Ceramic Tile, Laminate, Vinyl, Wall To Wall Carpet
  • Appliance Hookups: Cooking-Electric, Dryer-Electric, Washer
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, 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
  • Dining Room: Main
  • Kitchen: Main
  • Living Room: Main
  • Estimated Sq Ft: 1130

Exterior Features

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

Garage/Parking

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

Utilities

  • Heating And Cooling: Baseboard, Wall
  • Water Heater: Closet Under Stairs-Electric

Condo/Co-op/Association

  • HOA Fees: 395
  • Community Name: Federal Way
  • Project: Tall Firs
  • Cats And Dogs: Subj To Restrictions
  • Manager Contact Information: John Roundtree (253) 217-7815
  • Common Property Features: Athletic Court, Cable Tv, Club House, Exercise Room, Game/Rec Rm, Hot Tub, Outside Entry, Pool-Outdoor, Rv Parking, Sauna
  • Home Owner Dues Included: Garbage, Water/Sewer, Snow Removal, Road Maintenance, Common Area Maintenance, Lawn Service
  • Unit Features: Balcony/Deck/Patio, Ground Floor, Insulated Windows, Master Bath, Walk-In Closet, Yard

Schools

  • Elementary School: Adelaide Elem
  • Middle School: Lakota Mid Sch
  • High School: Decatur High
  • School District: FED

Lot Info

  • Lot Details: Curbs, Paved Street, Sidewalk
  • Lot Sq Ft: 780789
  • Parcel Number: 8561100550

Tax Info

  • Tax Amount: 1969

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2019
Closed on
May 6, 2019
Sold by
Reeder Cassandra A and Akervold Margaret J
Bought by
Sorenson Dean
Seller's Agent
Chelsey Gerisilo
John L. Scott, Inc
Buyer's Agent
Boots Swan
Better Properties Soundview
List Price
$205,000
Sold Price
$207,500
Premium/Discount to List
$2,500
1.22%
Current Estimated Value
$302,558

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,058
Avg. Annual Appreciation
6.04%
Original Mortgage
$185,795
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 22, 2016
Closed on
Jun 17, 2016
Sold by
Colegrove Martinez Leona
Bought by
Reeder Cassandra A and Akervold Margaret J
Seller's Agent
James Mitchell
RE/MAX Exclusive
Buyer's Agent
Chelsey Gerisilo
John L. Scott, Inc
List Price
$149,000
Sold Price
$160,000
Premium/Discount to List
$11,000
7.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.41%
Original Mortgage
$6,284
Interest Rate
3.64%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Dec 16, 2010
Sold by
Green James B
Bought by
Colegrove Martinez Leona

Purchase Details

Closed on
Oct 30, 1997
Sold by
Tudor Properties Partnership
Bought by
Greene James B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,450
Interest Rate
7.36%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 24, 1997
Sold by
Colegrove Leona T
Bought by
Greene James B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,450
Interest Rate
7.36%
Mortgage Type
FHA
Source: Public Records

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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 $207,500 Old Republic Title Ltd
Warranty Deed $160,000 Ticor National
Quit Claim Deed -- None Available
Warranty Deed $72,000 Old Republic Title Ltd
Gift Deed -- Old Republic Title Ltd
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $39,500 Construction
Open $190,500 New Conventional
Closed $185,795 FHA
Previous Owner $6,284 Stand Alone Second
Previous Owner $157,102 FHA
Previous Owner $32,624 Unknown
Previous Owner $70,450 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2019 05/16/19 Sold $207,500 +1.2% $184 / Sq Ft
04/14/2019 04/14/19 Pending -- -- --
04/11/2019 04/11/19 For Sale $205,000 +28.1% $181 / Sq Ft
06/24/2016 06/24/16 Sold $160,000 +7.4% $142 / Sq Ft
04/28/2016 04/28/16 Pending -- -- --
04/24/2016 04/24/16 Price Changed $149,000 0.0% $132 / Sq Ft
04/24/2016 04/24/16 For Sale $149,000 +2.8% $132 / Sq Ft
04/23/2016 04/23/16 Pending -- -- --
04/22/2016 04/22/16 For Sale $145,000 -- $128 / 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 $3,350 $282,000 $55,800 $226,200
2023 $2,542 $280,000 $38,300 $241,700
2022 $2,327 $252,000 $34,800 $217,200
2021 $2,321 $200,000 $31,300 $168,700
2020 $2,065 $188,000 $31,300 $156,700
2018 $1,969 $155,000 $27,900 $127,100
2017 $1,714 $135,000 $27,900 $107,100
2016 $1,596 $117,000 $24,400 $92,600
2015 $1,345 $104,000 $24,400 $79,600
2014 -- $89,000 $20,900 $68,100
2013 -- $60,000 $20,900 $39,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1435247

Northwest Multiple Listing Service (NWMLS)

APN: 856110-0550