NOT LISTED FOR SALE

2028 SW 318th Place Unit A Federal Way, WA 98023

Lakota Neighborhood

Estimated Value: $328,000 - $348,000

3 Beds
1.5 Baths
1,402 Sq Ft
$241/Sq Ft Est. Value

Last Sold April 08, 2022

Last sale price $335,000 $239 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,767/month

7 Days on Market

Highlights

  • Ground Level Unit
  • RV Parking in Community
  • Property is near public transit
  • RV Access or Parking
  • Clubhouse
  • Territorial View

About This Home

As of April 2022

Location! Great opportunity for sweat equity. This stylish two-story townhome has Charming courtyard entrance. 3 Beds &1.5 bathrooms w/2car garage, two patios & deck. One bedroom on main floor w/private patio. Kitchen w/oak cabinets &spacious countertops, Cozy & spacious living rm w/wd burning fireplace. Upstairs boasts Large master w/own sink & shower & deck and one more bedrm & full bath. W/D at garage. Complex has rentable RV parking, outdoor pool, sauna, hot tub, basketball, tennis courts & racquet ball courts. Close from I-5, Dash Point State Park, future Light rail station, shopping centers, restaurants, schools, City of Federal Way office, Aquatic center, Art performing center & Police station. Bring Highest and Best offer. Must see!

Last Listed By

Kyong Kwon

Berkshire Hathaway HS NW License #48629 Listed on: 02/23/2022

Berkshire Hathaway HS NW

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1893388

Northwest Multiple Listing Service (NWMLS)

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $351

Year Built

  • Built in 1978

Lot Details

  • End Unit
  • Street terminates at a dead end

HOA Fees

  • $569 Monthly HOA Fees

Home Design

  • Composition Roof
  • Wood Siding
  • Vinyl Construction Material

Interior Spaces

  • 1,402 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Insulated Windows
  • Territorial Views

Kitchen

  • Electric Oven or Range
  • Stove
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet

Laundry

  • Electric Dryer
  • Washer

Parking

  • Garage
  • RV Access or Parking

Outdoor Features

  • Balcony
  • Patio

Location

  • Ground Level Unit
  • Property is near public transit

Schools

  • Twin Lakes Elementary School
  • Lakota Mid Sch Middle School
  • Decatur High School

Utilities

  • Water Heater
  • Cable TV Available

Listing and Financial Details

  • Senior Tax Exemptions
  • Assessor Parcel Number 8561100010

Community Details

Overview

  • Association fees include cable TV, common area maintenance, earthquake insurance, lawn service, road maintenance, sewer, snow removal, water
  • 201 Units
  • Management Trust Association
  • Secondary HOA Phone (425) 897-3400
  • Tall Firs Condos
  • Federal Way Subdivision
  • Park Phone (425) 897-3400 | Manager Management Trust
  • RV Parking in Community

Amenities

  • Sauna
  • Clubhouse

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Call for details about the types of pets allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$351

Year Built

Built in 1978

Lot Details

0

HOA Fees

$569 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 32 - Townhouse
  • Year Built: 1978
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Tall Firs
  • Unit Levels: Multi/Split
  • New Construction: No
  • CalculatedSquareFootage: 1402
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: true
  • DwellingType: Attached
  • NumberOfAccessStairs: 0
  • UnitFeatures: Balcony/Deck/Patio,End Unit,Ground Floor,Insulated Windows,Primary Bath,Top Floor,Walk-in Closet
  • Special Features: VirtualTour
  • Cumulative Days on Market: 1,139

Interior Features

  • Fireplaces: 1
  • Appliances: Dishwasher, Dryer, Disposal, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace: Yes
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet, Balcony/Deck/Patio, Cooking-Electric, Dryer-Electric, Washer, Water Heater
  • Main Level Bedrooms: 1
  • Stories: 2
  • Bathrooms: 1.5
  • BathsFullMain: 0
  • FireplacesMain: 1
  • 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,Dryer,Garbage Disposal,Refrigerator,Stove/Range,Washer
  • WindowCoverings: blinds and curtains

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Corner Lot, Curbs, Dead End Street, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Metal/Vinyl, Wood
  • Structure Type: Townhouse
  • BusLineNearby: true
  • ViewFrom: Unit

Garage/Parking

  • Carport Y N: No
  • Garage Yn: Yes
  • Parking Features: RV Parking, Individual Garage

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Heating Yn: Yes
  • Utilities: Electricity Available, Wood, Cable Connected, Common Area Maintenance, Road Maintenance, Snow Removal
  • HeatingCoolingType: Wall
  • ApplianceHookups: Cooking-Electric,Dryer-Electric,Washer
  • WaterHeaterLocation: garage
  • WaterHeaterType: electric

Condo/Co-op/Association

  • Community Features: Cable TV, Club House, Hot Tub, Outside Entry, Pool, RV Parking, Sauna
  • Park Manager Name: Management Trust
  • Park Manager Phone: 425-897-3400
  • Senior Community: No
  • Association Fee: 569
  • Association Fee Frequency: Monthly
  • Phone: 425-897-3400
  • Association: Yes
  • Pets Allowed: Subj to Restrictions
  • Common Interest: Condominium
  • AssociationContactName: Management Trust
  • CommonPropertyFeatures: Cable TV,Club Houses,Hot Tub,Outside Entry,Pool-Outdoor,RV Parking,Sauna

Fee Information

  • Association Fee Includes: Cable TV, Common Area Maintenance, Earthquake Insurance, Lawn Service, Road Maintenance, 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: 8561100010
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSSquareFootageSource: King County records

Green Features

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

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2021
  • Tax Annual Amount: 351

Multi Family

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

MLS Schools

  • Elementary School: Twin Lakes Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 13, 2006
Sold by
Oh Changik and Oh Chang
Bought by
Oh Keun Soo and Oh Yeon Soo
Total Days on Market
7
Current Estimated Value
$338,581

Purchase Details

Closed on
Nov 5, 1997
Sold by
Montgomery Lou Earl and Montgomery Sara C
Bought by
Oh Keun Soo and Oh Yeon Soo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.79%

Purchase Details

Closed on
May 24, 1993
Sold by
Young Toshimi
Bought by
Montgomery Lou Earl and Montgomery Sara C

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
Oh Keun Soo -- None Available
Oh Keun Soo $91,000 --
Oh Chang -- --
Oh Changik -- --
Montgomery Lou Earl $87,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hur Jun $268,000
Previous Owner Oh Keun Soo $117,800
Previous Owner Oh Keun Soo $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2022 04/08/22 Sold $335,000 +9.8% $239 / Sq Ft
03/02/2022 03/02/22 Pending -- -- --
02/23/2022 02/23/22 For Sale $305,000 -- $218 / 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 $3,838 $328,000 $71,400 $256,600
2023 $2,941 $325,000 $49,000 $276,000
2022 $328 $294,000 $44,600 $249,400
2021 $351 $233,000 $40,100 $192,900
2020 $351 $136,000 $17,800 $118,200
2018 $372 $136,000 $17,800 $118,200
2017 $395 $167,000 $35,700 $131,300
2016 $392 $145,000 $31,200 $113,800
2015 $342 $133,000 $31,200 $101,800
2014 -- $114,000 $26,700 $87,300
2013 -- $74,000 $26,700 $47,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1893388

Northwest Multiple Listing Service (NWMLS)

APN: 856110-0010