NOT LISTED FOR SALE

1926 SW 318th Place Unit 12B Federal Way, WA 98023

Lakota Neighborhood

Estimated Value: $275,000 - $316,989

2 Beds
1.5 Baths
1,135 Sq Ft
$465/mo HOA Fee

Last Sold November 24, 2023

Last sale price $300,000 $264 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,417/month

94 Days on Market

Highlights

  • Property is near public transit
  • Community Pool
  • Bathroom on Main Level
  • Sauna
  • Cul-De-Sac
  • Baseboard Heating

About This Home

As of November 2023

Discover a tranquil oasis in the heart of Federal Way. Featuring two bedrooms, 1/1/2 baths, and designated covered parking too. Take your wellness journey to new heights with the athletic court or the exercise room, and then relax in the pool or sauna. Explore a variety of shopping and dining moments away. You will enjoy the tranquility in this serene community. Dues cover common areas, road maintenance, garbage, sewer, and water. Wood-burning fireplace and storage room also. There is a public transportation bus stop at the complex's entrance. This is the only unit in the complex featuring a utility room drain basin in case of an overfill.

Last Agent to Sell the Property

Jess Salazar

Benchmark Realty LLC License #13523 Listed on: 07/14/2023

Benchmark Realty LLC

Last Buyer's Agent

Kara Gire

Tribeca NW Real Estate License #22004358

Tribeca NW Real Estate

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2137503

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,542

Year Built

  • Built in 1978

Lot Details

  • Cul-De-Sac
  • Street terminates at a dead end
  • West Facing Home

HOA Fees

  • $465 Monthly HOA Fees

Home Design

  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,135 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Insulated Windows

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level

Laundry

  • Electric Dryer
  • Washer

Parking

  • 1 Parking Space
  • Carport

Location

  • Property is near public transit

Utilities

  • Baseboard Heating
  • Water Heater

Listing and Financial Details

Community Details

Overview

  • Association fees include common area maintenance, garbage, lawn service, road maintenance, sewer, water
  • 201 Units
  • Jessica Jones Association
  • Secondary HOA Phone (206) 641-9631
  • Tall Firs Condos
  • Federal Way Subdivision
  • Park Phone (206) 641-9631 | Manager Emerald Management

Amenities

  • Sauna

Recreation

  • Community Pool

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,542

Year Built

Built in 1978

Lot Details

0

HOA Fees

$465 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 31 - Condo (2 Levels)
  • Year Built: 1978
  • Buyer Agency Compensation: 3
  • Inclusions: Dishwasher(s),LeasedEquipment,Microwave(s),Refrigerator(s),Washer(s)
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Tall Firs
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 1135
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 2
  • RemodeledUpdated: false
  • UnitFeatures: Insulated Windows
  • DetachedDwellingSqFtFinished: 0
  • NWM_ExcludedItemsYN: false
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2137503?w=Consumer&agent=708
  • Special Features: None
  • Cumulative Days on Market: 313

Interior Features

  • Fireplaces: 1
  • Appliances: Dishwasher(s), Microwave(s), Refrigerator(s), Washer(s)
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Laminate, Carpet
  • Interior Amenities: Cooking-Electric, Dryer-Electric, Fireplace, Laminate, Wall to Wall Carpet, Washer, Water Heater
  • Main Level Bathrooms: 1
  • Stories: 2
  • Bathrooms: 1.5
  • BathsFullMain: 0
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 1
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 2
  • FloorNumberOfUnit: 2
  • AppliancesIncluded: Dishwasher(s),Microwave(s),Refrigerator(s),Washer(s)
  • FireplacesLower: 1
  • StorageLocation: Patio
  • WindowCoverings: mini-blinds
  • NWM_NumberOfBathtubs: 1

Exterior Features

  • Roof: Composition
  • Lot Features: Cul-De-Sac, Curbs, Dead End Street, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Direction Faces: West
  • Exterior Features: Metal/Vinyl
  • Structure Type: Multi Family
  • BusLineNearby: true
  • BusRouteNumber: 181,187

Garage/Parking

  • Carport Y N: Yes
  • Covered Parking Spaces: 1
  • Parking Features: Carport
  • Total Parking Spaces: 1

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • ApplianceHookups: Cooking-Electric,Dryer-Electric,Washer
  • WaterHeaterLocation: Downstairs
  • WaterHeaterType: Electricity

Condo/Co-op/Association

  • Community Features: Pool, Sauna
  • Park Manager Name: Emerald Management
  • Park Manager Phone: 206-641-9631
  • Senior Community: No
  • Association Fee: 465
  • Association Fee Frequency: Monthly
  • Phone: 206-641-9631
  • Association: Yes
  • Pets Allowed: Cats OK, Dogs OK, Subj to Restrictions
  • AssociationContactName: Jessica Jones
  • CoOp: false
  • CommonPropertyFeatures: Pool-Outdoor,Sauna

Fee Information

  • Association Fee Includes: Common Area Maintenance, Garbage, Lawn Service, Road Maintenance, Sewer, Water
  • NWM_OtherDuesOrFeesYN: false

Schools

  • Junior High Dist: Federal Way

Lot Info

  • Parcel Number: 8561100460
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSSquareFootageSource: Public Records

Green Features

  • Efficiency: Insulated Windows
  • Power Production Type: Electric

Rental Info

  • RentalCap: No Rental Cap
  • ShortTermRentalYN: false

Tax Info

  • Year: 2023
  • Tax Annual Amount: 2542

Multi Family

  • Number Of Units In Community: 201
  • EnergySource: Electric
  • UnitsInBuildingTotal: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2023
Closed on
Nov 17, 2023
Sold by
Alfaro Jocelyn
Bought by
Galicia Victor
Seller's Agent
Jess Salazar
Benchmark Realty LLC
Buyer's Agent
Kara Gire
Tribeca NW Real Estate
List Price
$340,000
Sold Price
$300,000
Premium/Discount to List
-$40,000
-11.76%
Views
104
Current Estimated Value
$301,747

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,747
Avg. Annual Appreciation
0.16%
Original Mortgage
$299,475
Outstanding Balance
$295,494
Interest Rate
7.49%
Mortgage Type
FHA
Estimated Equity
$5,274

Purchase Details

Listed on
Jul 14, 2023
Closed on
Nov 3, 2023
Sold by
Barton Christopher J
Bought by
Galicia Victor
Seller's Agent
Jess Salazar
Benchmark Realty LLC
Buyer's Agent
Kara Gire
Tribeca NW Real Estate
List Price
$340,000
Sold Price
$300,000
Premium/Discount to List
-$40,000
-11.76%
Views
104

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,475
Outstanding Balance
$295,494
Interest Rate
7.49%
Mortgage Type
FHA
Estimated Equity
$5,274

Purchase Details

Closed on
Sep 19, 2008
Sold by
Huntley Susan
Bought by
Barton Christopher J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,442
Interest Rate
6.51%
Mortgage Type
VA
Source: Public Records

Range of Values:

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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
Galicia Victor $313 Nextitle
Galicia Victor $305,000 Nextitle
Barton Christopher J $171,750 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Galicia Victor $299,475
Previous Owner Barton Christopher J $120,918
Previous Owner Barton Christopher J $175,442
Previous Owner Bissell Earl G $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/24/2023 11/24/23 Sold $300,000 -11.8% $264 / Sq Ft
10/16/2023 10/16/23 Pending -- -- --
07/14/2023 07/14/23 For Sale $340,000 -- $300 / 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 $3,423 $290,000 $55,800 $234,200
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

  • Jess Salazar

    Seller's Agent in 2023

    Jess Salazar

    Benchmark Realty LLC

    (206) 914-0022

    1 in this area

    18 Total Sales

    Jess Salazar
    Section Image
  • Kara Gire

    Buyer's Agent in 2023

    Kara Gire

    Tribeca NW Real Estate

    (970) 412-4132

    1 in this area

    17 Total Sales

    Kara Gire
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2137503

Northwest Multiple Listing Service (NWMLS)

APN: 856110-0460

Washington King County Federal Way 98023 Lakota

1926 SW 318th Place Unit 12B, Federal Way, WA

This home is located at 1926 SW 318th Place Unit 12B, Federal Way, WA 98023 since 14 July 2023 and is currently estimated at $301,747, approximately $265 per square foot. This property was built in 1978. 1926 SW 318th Place Unit 12B is a home located in King County with nearby schools including Adelaide Elementary School, Lakota Middle School, and Decatur 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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