NOT LISTED FOR SALE

2007 SW 318th Place Unit 7-A Federal Way, WA 98023

Lakota Neighborhood

Estimated Value: $301,000 - $314,466

2 Beds
2 Baths
1,207 Sq Ft
$458/mo HOA Fee

Last Sold March 09, 2023

Last sale price $330,000 $273 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $2,454/month

3 Days on Market

Highlights

  • 17.92 Acre Lot
  • Property is near public transit
  • Territorial View
  • Clubhouse
  • Secluded Lot
  • Traditional Architecture

About This Home

As of March 2023

Gorgeously updated turnkey condo nestled in the sought after Tall Firs neighborhood. Enjoy this spacious 1200 sqft 2 bedroom and 1.75 bathroom condo that is tastefully updated and well taken care of by the current owners. Update includes New Vinyl Flooring, New fireplace walls, New Kitchen Cabinets, New quarts counter top, New Farmhouse SS Sink, New Faucet, Newer SS Appliances, Newer updated Bathrooms & New Interior paint. No expense was spared by the owners. This condo is conveniently located on the ground level & walking distance to the Cabana, Hot tub, Tennis & basketball court. Enjoy the patio overlooking green scenery. Location is perfect mins away from schools, stores, hospitals and easy access to bus stop & freeways. No Rental Cap!

Last Listed By

Anthony Prado

Keller Williams Realty PS License #134301 Listed on: 02/02/2023

Keller Williams Realty PS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2031885

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,415

Year Built

  • Built in 1978

Lot Details

  • 18

HOA Fees

  • $458 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,207 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Vinyl Plank Flooring
  • Territorial Views
  • Alarm System

Kitchen

  • Electric Oven or Range
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Laundry

  • Electric Dryer
  • Washer

Parking

  • 1 Parking Space
  • Carport
  • Uncovered Parking
  • Off-Street Parking

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

  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number 8561100250

Community Details

Overview

  • Association fees include common area maintenance, garbage, road maintenance, sewer, snow removal, water
  • 201 Units
  • Tall Firs Condos
  • Federal Way Subdivision
  • Park Phone (253) 222-2728 | Manager Lew Cox

Amenities

  • Clubhouse

Recreation

  • Sport Court
  • Community Playground
  • Community Pool
  • Community Spa

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,415

Year Built

Built in 1978

Lot Details

0

HOA Fees

$458 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 31 - Condo (2 Levels)
  • Year Built: 1978
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,Microwave,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Traditional
  • Building Name: Tall Firs
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 1207
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 1
  • RemodeledUpdated: true
  • UnitFeatures: Alarm System,Balcony/Deck/Patio,Ground Floor
  • Special Features: VirtualTour
  • Cumulative Days on Market: 799

Interior Features

  • Fireplaces: 1
  • Appliances: Dishwasher, Dryer, Disposal, Microwave, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Vinyl Plank
  • Interior Amenities: Balcony/Deck/Patio, Cooking-Electric, Dryer-Electric, Washer, Water Heater
  • Main Level Bedrooms: 2
  • Stories: 2
  • 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,Garbage Disposal,Microwave,Refrigerator,Stove/Range,Washer

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Curbs, Paved, Secluded, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Metal/Vinyl
  • Structure Type: Multi Family
  • BusLineNearby: true
  • ViewFrom: See Remarks
  • BusRouteNumber: 181, 187

Garage/Parking

  • Carport Y N: Yes
  • Parking Features: Carport, Off Street, Uncovered
  • Total Parking Spaces: 1
  • ParkingSpaceNumbers: 7.1

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • ApplianceHookups: Cooking-Electric,Dryer-Electric,Washer
  • WaterHeaterLocation: Closet
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Community Features: Athletic Court, Club House, Hot Tub, Playground, Pool, See Remarks
  • Park Manager Name: Lew Cox
  • Park Manager Phone: 253-222-2728
  • Senior Community: No
  • Association Fee: 458
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Cats OK, Dogs OK, See Remarks
  • Common Interest: Condominium
  • CommonPropertyFeatures: Athletic Court,Club Houses,Hot Tub,Playground,Pool-Outdoor,See Remarks

Fee Information

  • Association Fee Includes: Common Area Maintenance, Garbage, Road Maintenance, See Remarks, Sewer, Snow Removal, Water

Schools

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

Lot Info

  • Parcel Number: 8561100250
  • Lot Size Acres: 17.9244
  • Lot Size Sq Ft: 780789
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • RentalCap: No Rental Cap

Tax Info

  • Year: 2022
  • Tax Annual Amount: 2415

Multi Family

  • Number Of Units In Community: 201
  • EnergySource: Electric
  • UnitsInBuildingTotal: 8

MLS Schools

  • Elementary School: Adelaide Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2023
Closed on
Feb 28, 2023
Sold by
Palencia Aquiles F Mclellan and Palencia Timothy
Bought by
Stiver David
Seller's Agent
Anthony Prado
Keller Williams Realty PS
Buyer's Agent
Joshua Swanson
Windermere RE West Campus Inc
List Price
$325,000
Sold Price
$330,000
Premium/Discount to List
$5,000
1.54%
Total Days on Market
3
Views
11
Current Estimated Value
$306,617

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$23,383
Avg. Annual Appreciation
-1.79%
Original Mortgage
$341,880
Outstanding Balance
$330,125
Interest Rate
4%
Mortgage Type
VA
Estimated Equity
-$12,955

Purchase Details

Closed on
Jun 14, 2022
Sold by
Mclellan Pelencia Aquiles F
Bought by
Palencia Aquiles F Mclellan and Mclellan Timothy

Purchase Details

Listed on
Apr 10, 2020
Closed on
May 11, 2020
Sold by
Mclellan Timothy M and Mclellan Aquilies F
Bought by
Palcenia Aquiles F Mclellan
Seller's Agent
Thomas Deacon
Coldwell Banker Bain
Buyer's Agent
Bob Brothers
Skyline Properties, Inc.
List Price
$215,000
Sold Price
$223,000
Premium/Discount to List
$8,000
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
7.27%
Original Mortgage
$218,960
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 10, 2020
Closed on
May 5, 2020
Sold by
Kayano Eiko C
Bought by
Palencia Aquiles F Mclellan
Seller's Agent
Thomas Deacon
Coldwell Banker Bain
Buyer's Agent
Bob Brothers
Skyline Properties, Inc.
List Price
$215,000
Sold Price
$223,000
Premium/Discount to List
$8,000
3.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,960
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 9, 2015
Sold by
Fannie Mae
Bought by
Kavano Eiko C

Purchase Details

Closed on
Feb 12, 2015
Sold by
Swearingen Jeffrey M
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 9, 2007
Sold by
Jones Allen G and Jones Donna L
Bought by
Swearingen Jeffrey M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,000
Interest Rate
6.51%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 11, 1993
Sold by
Lindman Baine Lynda
Bought by
Leist-Jo Jones_Allen G and Leist-Jo Donna L

Range of Values:

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Average Value
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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
Stiver David $330,000 Ticor Title
Palencia Aquiles F Mclellan -- None Listed On Document
Palcenia Aquiles F Mclellan -- Rainier Title
Palencia Aquiles F Mclellan $223,000 Rainier Title
Kavano Eiko C -- Chicago Title
Federal National Mortgage Association $204,913 None Available
Swearingen Jeffrey M $181,000 Stewart Title
Leist-Jo Jones_Allen G $72,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stiver David $341,880
Previous Owner Palcenia Aquiles F Mclellan $218,960
Previous Owner Palencia Aquiles F Mclellan $8,758
Previous Owner Swearingen Jeffrey M $181,000
Previous Owner Jones Allen G $85,560
Closed Palencia Aquiles F Mclellan $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2023 03/09/23 Sold $330,000 +1.5% $273 / Sq Ft
02/05/2023 02/05/23 Pending -- -- --
02/02/2023 02/02/23 For Sale $325,000 +45.7% $269 / Sq Ft
05/11/2020 05/11/20 Sold $223,000 +3.7% $185 / Sq Ft
04/11/2020 04/11/20 Pending -- -- --
04/10/2020 04/10/20 For Sale $215,000 -- $178 / 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 $3,552 $302,000 $55,800 $246,200
2023 $2,627 $321,000 $38,300 $282,700
2022 $2,415 $261,000 $34,800 $226,200
2021 $2,275 $208,000 $31,300 $176,700
2020 $282 $109,000 $24,400 $84,600
2018 $403 $109,000 $24,400 $84,600
2017 $588 $141,000 $27,900 $113,100
2016 $1,669 $120,000 $24,400 $95,600
2015 $1,388 $109,000 $24,400 $84,600
2014 -- $92,000 $20,900 $71,100
2013 -- $62,000 $20,900 $41,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2031885

Northwest Multiple Listing Service (NWMLS)

APN: 856110-0250