Listed by Coldwell Banker Bain, Bought with Icon Group
$290,000
SOLD MAR 19, 2025

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

Lakota Neighborhood
2 Beds
2 Baths
1,207 Sq Ft
$584/mo HOA Fee

Recently Sold

$240 Per Sq Ft

4% Above List Price

5 Days on Market

Highlights

  • Fitness Center
  • Clubhouse
  • Territorial View
  • Unit is on the top floor
  • Secluded Lot
  • Community Pool

About This Home

As of March 2025

Welcome to your serene retreat in Federal Way! This stylish 2-bed, 1.75-bath top floor condo offers 1207 sq ft of modern living space. Enjoy a newly updated kitchen with quartz countertops and stainless appliances, complemented by new light fixtures and flooring. Abundant natural light streams through large windows, leading to a private deck—ideal for moments of tranquility. The condo includes 2 parking spots and access to community amenities such as tennis courts, an activity room, and an outdoor swimming pool. Conveniently located close to shopping, parks, and freeways, with an HOA that covers water, sewer, garbage, and common area maintenance. This home is truly a great place to call your own.

Last Agent to Sell the Property

Stephanie Callen

Coldwell Banker Bain License #81856 Listed on: 02/10/2025

Coldwell Banker Bain

Last Buyer's Agent

Josiah Toole

Icon Group License #131144

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2331213

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $424

Year Built

  • Built in 1978

HOA Fees

  • $584 Monthly HOA Fees

Home Design

  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

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

Kitchen

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

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet

Laundry

  • Electric Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Carport

Outdoor Features

  • Balcony
  • Patio

Location

  • Unit is on the top floor

Schools

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

Utilities

  • Heating System Mounted To A Wall or Window
  • Water Heater

Listing and Financial Details

Community Details

Overview

  • Association fees include garbage, lawn service, sewer, water
  • 201 Units
  • Stephanie Maxton Association
  • Secondary HOA Phone (206) 268-3300
  • Tall Firs Condos
  • Federal Way Subdivision
  • Park Phone (206) 268-3300 | Manager Yates Wood Management Stephanie Maxton

Amenities

  • Clubhouse
  • Game Room
  • Recreation Room

Recreation

  • Sport Court
  • Fitness Center
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$424

Year Built

Built in 1978

Lot Details

0

HOA Fees

$584 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Year Built: 1978
  • Inclusions: Dishwasher(s),Dryer(s),Garbage Disposal,Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Tall Firs
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1207
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: true
  • DwellingType: Attached
  • NumberOfAccessStairs: 15
  • UnitFeatures: Balcony/Deck/Patio,Insulated Windows,Primary Bath,Top Floor,Walk-in Closet
  • DetachedDwellingSqFtFinished: 0
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2331213?w=Consumer&agent=47221
  • Special Features: None
  • Cumulative Days on Market: 115

Interior Features

  • Fireplaces: 1
  • Appliances: Dishwasher(s), Dryer(s), Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Balcony/Deck/Patio, Cooking-Electric, Dryer-Electric, Fireplace, Laminate Hardwood, Wall to Wall Carpet, Washer, Water Heater
  • Main Level Bedrooms: 2
  • Stories: 2
  • Bathrooms: 1.75
  • BathsFullMain: 0
  • FireplacesMain: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 1
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 1
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • FloorNumberOfUnit: 2
  • AppliancesIncluded: Dishwasher(s),Dryer(s),Garbage Disposal,Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • StorageLocation: n/a
  • WindowCoverings: blinds
  • NWM_NumberOfBathtubs: 1
  • NWM_NumberOfShowers: 2

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Paved, Secluded, Sidewalk
  • View: Yes
  • Waterfront: No
  • Construction Type: Metal/Vinyl
  • Exterior Features: Metal/Vinyl
  • Structure Type: Multi Family
  • ViewFrom: Unit

Garage/Parking

  • Carport Y N: Yes
  • Covered Parking Spaces: 2
  • Parking Features: Carport
  • Total Parking Spaces: 2
  • ParkingSpaceNumbers: 7C

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Wall Unit(s)
  • Heating Yn: Yes
  • ApplianceHookups: Cooking-Electric,Dryer-Electric,Washer
  • PowerCompany: Puget Sound Energy
  • WaterHeaterLocation: Utility Room
  • WaterHeaterType: Electric
  • CableConnected: Xfinity
  • InternetConnected: Xfinity

Condo/Co-op/Association

  • Community Features: Athletic Court, Club House, Exercise Room, Game/Rec Rm, Pool, See Remarks
  • Park Manager Name: Yates Wood Management Stephanie Maxton
  • Park Manager Phone: 206-268-3300
  • Senior Community: No
  • Association Fee: 584
  • Association Fee Frequency: Monthly
  • Phone: 206-268-3300
  • Association: Yes
  • Pets Allowed: See Remarks
  • AssociationContactName: Stephanie Maxton
  • CoOp: false
  • CommonPropertyFeatures: Athletic Court,Clubhouse,Exercise Room,Game/Rec Rm,Pool-Outdoor,See Remarks

Fee Information

  • Association Fee Includes: Garbage, Lawn Service, See Remarks, Sewer, Water

Schools

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

Lot Info

  • Parcel Number: 8561100270
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSSquareFootageSource: Realist

Green Features

  • Efficiency: Insulated Windows
  • Power Production Type: Electric

Rental Info

  • ShortTermRentalYN: false

Tax Info

  • Year: 2025
  • Tax Annual Amount: 424

Multi Family

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

MLS Schools

  • Elementary School: Sunnycrest Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2025
Closed on
Mar 17, 2025
Sold by
Sharp Catherine A
Bought by
Lee Anthony
Seller's Agent
Stephanie Callen
Coldwell Banker Bain
Buyer's Agent
Josiah Toole
Icon Group
List Price
$280,000
Sold Price
$290,000
Premium/Discount to List
$10,000
3.57%
Views
27
Current Estimated Value
$288,194

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,806
Avg. Annual Appreciation
-1.63%
Original Mortgage
$11,194
Outstanding Balance
$11,194
Interest Rate
6.89%
Mortgage Type
FHA
Estimated Equity
$277,000

Purchase Details

Listed on
Oct 16, 2020
Closed on
Nov 18, 2020
Sold by
Lufkin Walter D and Lufkin Rosemary K
Bought by
Sharp Catherine A
Seller's Agent
Anthony Prado
Keller Williams Realty PS
Buyer's Agent
Tina Hilden
Keller Williams Realty PS
List Price
$239,000
Sold Price
$237,000
Premium/Discount to List
-$2,000
-0.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.77%

Purchase Details

Closed on
Sep 17, 1999
Sold by
Lufkin Walter D
Bought by
Lufkin Walter D and Lufkin Rosemary K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,300
Interest Rate
9.25%

Purchase Details

Closed on
Oct 20, 1992
Sold by
Woldstad Robert N and Woldstad Carole A
Bought by
Lufkin Walter D and Lufkin Candis A
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 $290,000 Wfg National Title Company Of
Warranty Deed $237,000 Cw Title
Interfamily Deed Transfer -- Transnation Title Insurance
Warranty Deed $74,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $11,194 FHA
Open $284,747 FHA
Previous Owner $140,125 Adjustable Rate Mortgage/ARM
Previous Owner $182,750 Closed End Mortgage
Previous Owner $60,000 Credit Line Revolving
Previous Owner $22,711 Unknown
Previous Owner $24,500 Credit Line Revolving
Previous Owner $83,300 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2025 03/19/25 Sold $290,000 +3.6% $240 / Sq Ft
02/15/2025 02/15/25 Pending -- -- --
02/10/2025 02/10/25 For Sale $280,000 +18.1% $232 / Sq Ft
11/20/2020 11/20/20 Sold $237,000 -0.8% $196 / Sq Ft
10/22/2020 10/22/20 Pending -- -- --
10/16/2020 10/16/20 For Sale $239,000 -- $198 / 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 $524 $286,000 $55,800 $230,200
2023 $424 $289,000 $38,300 $250,700
2022 $2,415 $261,000 $34,800 $226,200
2021 $2,403 $243,584 $31,300 $212,284
2020 $2,146 $195,000 $31,300 $163,700
2018 $2,052 $162,000 $27,900 $134,100
2017 $1,798 $141,000 $27,900 $113,100
2016 $1,669 $123,000 $24,400 $98,600
2015 $1,402 $109,000 $24,400 $84,600
2014 -- $93,000 $20,900 $72,100
2013 -- $64,000 $20,900 $43,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2331213

Northwest Multiple Listing Service (NWMLS)

APN: 856110-0270