NOT LISTED FOR SALE

2015 SW 318th Place Unit 5C Federal Way, WA 98023

Lakota Neighborhood

Estimated Value: $296,000 - $316,752

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

Last Sold April 03, 2020

Last sale price $233,000 $193 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,396/month

2 Days on Market

Highlights

  • Unit is on the top floor
  • RV Parking in Community
  • Territorial View
  • RV Access or Parking
  • Clubhouse
  • Sauna

About This Home

As of April 2020

Come enjoy this peaceful condo in the Tall Firs community that is move-in ready! Wonderfully located in Federal Way. Be close to Shopping, freeway access, schools, and parks! Additionally, you will find updates throughout this freshly painted, cozy home.

Last Agent to Sell the Property

Jeremy Logar

Keller Williams Rty Tacoma License #122758 Listed on: 03/04/2020

Keller Williams Rty Tacoma

Co-Listed By

Chad Hauer

Keller Williams Rty Tacoma License #19004

Last Buyer's Agent

Sandy Bicheray

Gateway Real Estate License #27431

Gateway Real Estate

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1573621

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,181

Year Built

  • Built in 1978

Lot Details

  • End Unit
  • Private Yard
  • Yard

HOA Fees

  • $410 Monthly HOA Fees

Home Design

  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

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

Kitchen

  • Electric Oven or Range
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet

Laundry

  • Electric Dryer
  • Washer

Parking

  • 1 Parking Space
  • Carport
  • RV Access or Parking

Additional Features

  • Balcony
  • Unit is on the top floor
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 8561100190

Community Details

Overview

  • Association fees include common area maintenance, lawn service, road maintenance, snow removal
  • Federal Way Subdivision
  • RV Parking in Community

Amenities

  • Sauna
  • Clubhouse
  • Game Room
  • Recreation Room

Recreation

  • Sport Court
  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,181

Year Built

Built in 1978

Lot Details

0

HOA Fees

$410 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 31 - Condo (2 Levels)
  • Year Built: 1978
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,RangeOven,Refrigerator,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 1207
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 1
  • UnitFeatures: Balcony/Deck/Patio,End Unit,Primary Bath,Top Floor,Walk-in Closet,Yard
  • Special Features: VirtualTour
  • Cumulative Days on Market: 5

Interior Features

  • Fireplaces: 1
  • Appliances: Dryer, Washer
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Laminate, Carpet
  • Interior Amenities: Ceramic Tile, Laminate, Yard, Cooking-Electric, Dryer-Electric, Ice Maker, Washer
  • 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
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Range/Oven,Refrigerator,Washer

Exterior Features

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

Garage/Parking

  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: RV Parking
  • Total Parking Spaces: 1

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Heating Yn: Yes
  • Utilities: Electricity Available, Wood, Snow Removal
  • ApplianceHookups: Cooking-Electric,Dryer-Electric,Ice Maker,Washer

Condo/Co-op/Association

  • Community Features: Athletic Court, Cable TV, Game/Rec Rm, Hot Tub, Pool, RV Parking, Sauna
  • Association Fee: 410
  • Association Fee Frequency: Monthly
  • Pets Allowed: See Remarks
  • CommonPropertyFeatures: Athletic Court,Cable TV,ClubHouses,Game/Rec Rm,Hot Tub,Pool-Outdoor,RV Parking,Sauna

Fee Information

  • Association Fee Includes: Common Area Maintenance, Lawn Service, Road Maintenance, Snow Removal

Schools

  • Junior High Dist: Federal Way

Lot Info

  • Parcel Number: 8561100190
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSLotSizeSource: County
  • MLSSquareFootageSource: County

Green Features

  • Power Production Type: Electric, Wood

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2020
  • Tax Annual Amount: 2181

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2020
Closed on
Mar 31, 2020
Sold by
Castro Zane R and Castro Jessica
Bought by
Hall Daniel
Seller's Agent
Jeremy Logar
Keller Williams Rty Tacoma
Buyer's Agent
Sandy Bicheray
Gateway Real Estate
List Price
$225,000
Sold Price
$233,000
Premium/Discount to List
$8,000
3.56%
Current Estimated Value
$307,438

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,438
Avg. Annual Appreciation
5.42%
Original Mortgage
$9,040
Outstanding Balance
$8,101
Interest Rate
3.2%
Mortgage Type
Commercial
Estimated Equity
$299,751

Purchase Details

Closed on
Feb 23, 2008
Sold by
Russell Susan P
Bought by
Castro Zane R and Ierlan Jessica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,049
Interest Rate
5.64%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 16, 2001
Sold by
Funke Dennis H and Funke Elizabeth A
Bought by
Russell Susan P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,000
Interest Rate
6.88%

Purchase Details

Closed on
May 29, 1992
Sold by
Helgeson Helgeson R and Helgeson Karen M
Bought by
Funke Dennis H and Funke Elizabeth A
Source: Public Records

Range of Values:

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Average Value
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List Price
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
Hall Daniel $233,000 First American Title Ins Co
Castro Zane R $189,000 Commonwealth L
Russell Susan P $117,500 Washington Title
Funke Dennis H $71,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hall Daniel $9,040
Open Hall Daniel $226,010
Previous Owner Castro Zane R $173,677
Previous Owner Castro Zane R $186,049
Previous Owner Russell Susan P $94,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2020 04/03/20 Sold $233,000 +3.6% $193 / Sq Ft
03/06/2020 03/06/20 Pending -- -- --
03/04/2020 03/04/20 For Sale $225,000 -- $186 / 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 $3,460 $292,000 $55,800 $236,200
2023 $2,665 $293,000 $38,300 $254,700
2022 $2,437 $265,000 $34,800 $230,200
2021 $2,438 $210,000 $31,300 $178,700
2020 $2,181 $198,000 $31,300 $166,700
2018 $2,094 $164,000 $27,900 $136,100
2017 $1,826 $144,000 $27,900 $116,100
2016 $1,742 $125,000 $24,400 $100,600
2015 $1,459 $114,000 $24,400 $89,600
2014 -- $97,000 $20,900 $76,100
2013 -- $66,000 $20,900 $45,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1573621

Northwest Multiple Listing Service (NWMLS)

APN: 856110-0190