Listed by Coldwell Banker Bain, Bought with Skyline Properties, Inc.
$223,000
SOLD MAY 11, 2020

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

Lakota Neighborhood
2 Beds
2 Baths
1,207 Sq Ft
$410/mo HOA Fee

Recently Sold

$185 Per Sq Ft

4% Above List Price

1 Day on Market

Highlights

  • Fitness Center
  • Traditional Architecture
  • 1 Fireplace
  • Territorial View
  • Sauna
  • Ground Level Unit

About This Home

As of March 2023

Come enjoy this peaceful condo in the Tall Firs Community that is move-in ready! Wonderfully located in Federal Way, close to shopping, freeway access, schools, and parks! The freshly painted ground floor condo is Bright, warm and comfortable with a nice patio for relaxing or a barbecue. Just Steps away are the club house, outdoor pool, hot tub & sport court. The reserved parking place is right out side the front door. There is no rental cap.

Last Agent to Sell the Property

Thomas Deacon

Coldwell Banker Bain License #117705 Listed on: 04/10/2020

Coldwell Banker Bain

Last Buyer's Agent

Bob Brothers

Skyline Properties, Inc. License #110561

Skyline Properties, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1584697

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $387

Year Built

  • Built in 1978

HOA Fees

  • $410 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,207 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Insulated Windows
  • Territorial Views

Kitchen

  • Electric Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet

Laundry

  • Electric Dryer
  • Washer

Parking

  • 1 Parking Space
  • Carport

Schools

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

Utilities

  • Water Heater
  • Cable TV Available

Additional Features

  • Balcony
  • Open Space
  • Ground Level Unit

Listing and Financial Details

  • Senior Tax Exemptions
  • Assessor Parcel Number 8561100250

Community Details

Overview

  • Association fees include common area maintenance, garbage, lawn service, road maintenance, snow removal, water/sewer
  • 201 Units
  • Jessica Fields Association
  • Secondary HOA Phone (206) 641-9631
  • Tall Firs Condominiums
  • Federal Way Subdivision
  • Park Phone (253) 222-2728 | Manager Lew Cox

Amenities

  • Sauna

Recreation

  • Sport Court
  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$387

Year Built

Built in 1978

Lot Details

0

HOA Fees

$410 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Year Built: 1978
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,RangeOven,Refrigerator,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Traditional
  • Building Name: Tall Firs Condominiums
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1207
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: true
  • DwellingType: Attached
  • NumberOfAccessStairs: 0
  • RemodeledUpdated: false
  • UnitFeatures: Balcony/Deck/Patio,Ground Floor,Insulated Windows,Primary Bath,Walk-in Closet
  • Special Features: VirtualTour
  • Cumulative Days on Market: 29

Interior Features

  • Fireplaces: 1
  • Appliances: Dryer, Washer
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace: Yes
  • Flooring: Vinyl, Carpet
  • Interior Amenities: 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,Range/Oven,Refrigerator,Washer

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Curbs, Open Space, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Metal/Vinyl
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: Yes
  • Garage Yn: No
  • Total Parking Spaces: 1
  • ParkingSpaceNumbers: 7-1

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Heating Yn: Yes
  • Utilities: Electricity Available, Wood, Garbage, Snow Removal, Water/Sewer
  • ApplianceHookups: Cooking-Electric,Dryer-Electric,Washer
  • WaterHeaterLocation: Utility Room
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Community Features: Athletic Court, Cable TV, Exercise Room, Hot Tub, Pool, Sauna
  • Park Manager Name: Lew Cox
  • Park Manager Phone: 253-222-2728
  • Association Fee: 410
  • Association Fee Frequency: Monthly
  • Phone: 206-641-9631
  • Pets Allowed: Yes
  • AssociationContactName: Jessica Fields
  • CoOp: false
  • CommonPropertyFeatures: Athletic Court,Cable TV,Exercise Room,Hot Tub,Pool-Outdoor,Sauna

Fee Information

  • Association Fee Includes: Common Area Maintenance, Garbage, Lawn Service, Road Maintenance, Snow Removal, Water/Sewer

Schools

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

Lot Info

  • Parcel Number: 8561100250
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist

Green Features

  • Efficiency: Insulated Windows
  • Power Production Type: Electric, Wood

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2019
  • Tax Annual Amount: 387

Multi Family

  • Number Of Units In Community: 201
  • 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%
Views
11
Current Estimated Value
$311,477

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$18,523
Avg. Annual Appreciation
-2.50%
Original Mortgage
$341,880
Outstanding Balance
$329,060
Interest Rate
4%
Mortgage Type
VA
Estimated Equity
-$18,597

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
6.52%
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
Source: Public Records

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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 $330,000 Ticor Title
Quit Claim Deed -- None Listed On Document
Interfamily Deed Transfer -- Rainier Title
Warranty Deed $223,000 Rainier Title
Bargain Sale Deed -- Chicago Title
Trustee Deed $204,913 None Available
Warranty Deed $181,000 Stewart Title
Warranty Deed $72,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $341,880 VA
Previous Owner $218,960 FHA
Previous Owner $8,758 FHA
Previous Owner $181,000 Purchase Money Mortgage
Previous Owner $85,560 Stand Alone First
Closed $0 Balloon
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: 1584697

Northwest Multiple Listing Service (NWMLS)

APN: 856110-0250