NOT LISTED FOR SALE

Estimated Value: $296,123 - $313,000

2 Beds
2.5 Baths
923 Sq Ft
$332/Sq Ft Est. Value

Last Sold May 06, 2024

Last sale price $310,000 $336 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,278/month

6 Days on Market

Highlights

  • Territorial View
  • Patio
  • Wood Burning Fireplace
  • Balcony
  • Baseboard Heating
  • Wall to Wall Carpet

About This Home

As of May 2024

Perfectly situated in the heart of Federal Way, this 2-bed, 2.25-bath townhome is a complete package for modern living. With a warm wood fireplace, an airy open floor plan, and two upstairs bedrooms, each with its own bath, it provides a serene retreat. All appliances are included, and there's ample storage, both indoors and outdoors adds to the convenience of your private patio. You'll have your own carport plus plenty of guest parking. Water heater replaced recently. Close to highways and shopping, this home offers both comfort and accessibility.

Last Agent to Sell the Property

Abdisa Tufa

Skyline Properties, Inc. License #136462 Listed on: 04/04/2024

Skyline Properties, Inc.

Last Buyer's Agent

Abby Romero

Best Choice Realty LLC License #133900

Best Choice Realty LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2217060

Northwest Multiple Listing Service (NWMLS)

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,753

Year Built

  • Built in 1990

Lot Details

  • 8

HOA Fees

  • $301 Monthly HOA Fees

Home Design

  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 923 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Territorial Views

Kitchen

  • Electric Oven or Range
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Carport

Outdoor Features

  • Balcony
  • Patio

Utilities

  • Baseboard Heating
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

Community Details

Overview

  • Association fees include common area maintenance, garbage, road maintenance, sewer, water
  • 95 Units
  • Guillermo Ruiz Association
  • Secondary HOA Phone (425) 283-5858
  • Forest Lane Condos
  • Central Federal Way Subdivision
  • Park Manager: Forest Lane

Pet Policy

  • Call for details about the types of pets allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,753

Year Built

Built in 1990

Lot Details

0

HOA Fees

$301 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 32 - Townhouse
  • Year Built: 1990
  • Buyer Agency Compensation: 2.5
  • Inclusions: Dishwashers,Dryers,Microwaves,Refrigerators,StovesRanges,Washers
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Forest Lane
  • Unit Levels: Multi/Split
  • New Construction: No
  • CalculatedSquareFootage: 923
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 4
  • UnitFeatures: Balcony/Deck/Patio
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2217060?w=Consumer&agent=120991
  • Special Features: None
  • Cumulative Days on Market: 423

Interior Features

  • Appliances: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace Features: Wood Burning
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet, Balcony/Deck/Patio, Cooking-Electric
  • Stories: 2
  • Bathrooms: 2.25
  • BathsFullMain: 0
  • 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: 1
  • BedroomsLower: 0
  • BedroomsUpper: 2
  • FloorNumberOfUnit: 1
  • AppliancesIncluded: Dishwasher(s),Dryer(s),Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • StorageLocation: Patio
  • NWM_NumberOfBathtubs: 1
  • NWM_NumberOfShowers: 2

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Metal/Vinyl
  • Structure Type: Townhouse
  • ViewFrom: Unit

Garage/Parking

  • Carport Y N: Yes
  • Covered Parking Spaces: 1
  • Parking Features: Carport
  • Total Parking Spaces: 1

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Wall Unit(s)
  • Heating Yn: Yes
  • ApplianceHookups: Cooking-Electric

Condo/Co-op/Association

  • Park Manager Name: Forest Lane
  • Senior Community: No
  • Association Fee: 301
  • Association Fee Frequency: Monthly
  • Phone: 425-283-5858
  • Association: Yes
  • Pets Allowed: Subj to Restrictions
  • AssociationContactName: Guillermo Ruiz
  • CoOp: false

Fee Information

  • Association Fee Includes: Common Area Maintenance, Garbage, Road Maintenance, Sewer, Water

Schools

  • Junior High Dist: Federal Way

Lot Info

  • Parcel Number: 2596200030
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSSquareFootageSource: Realist

Green Features

  • Power Production Type: Electric

Tax Info

  • Year: 2023
  • Tax Annual Amount: 2753
  • AdditionalTaxIds: 2596200030

Multi Family

  • Number Of Units In Community: 95
  • EnergySource: Electric
  • UnitsInBuildingTotal: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2024
Closed on
May 1, 2024
Sold by
Aschenaki Abrham A and Aferu Edlam Getachew
Bought by
Mendoza Danielle and Roggenbach Beau
Seller's Agent
Abdisa Tufa
Skyline Properties, Inc.
Buyer's Agent
Abby Romero
Best Choice Realty LLC
List Price
$315,000
Sold Price
$310,000
Premium/Discount to List
-$5,000
-1.59%
Total Days on Market
6
Views
18
Current Estimated Value
$306,781

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,219
Avg. Annual Appreciation
0.20%
Original Mortgage
$298,900
Outstanding Balance
$296,055
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$14,658

Purchase Details

Listed on
Oct 7, 2016
Closed on
Jan 11, 2017
Sold by
Weyer Edward H
Bought by
Aschenaki Abrham A
Seller's Agent
Mark Hulen
Better Properties Real Estate
Buyer's Agent
Roman Akafate
Better Properties - Metro
List Price
$149,000
Sold Price
$140,000
Premium/Discount to List
-$9,000
-6.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.54%
Original Mortgage
$135,750
Interest Rate
4.16%

Purchase Details

Closed on
Mar 3, 1998
Sold by
Weyer Helen T and Weyer William D
Bought by
Swisher Trust

Purchase Details

Closed on
Dec 24, 1992
Sold by
Polygon Apartment Partners
Bought by
Weyer Helen T and Weyer William D
Source: Public Records

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Range of Values:

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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
Mendoza Danielle $310,000 Stewart Title
Aschenaki Abrham A $140,000 First American
Swisher Trust $40,000 Rainier Title Company
Weyer Helen T $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mendoza Danielle $298,900
Previous Owner Aschenaki Abrham A $135,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2024 05/06/24 Sold $310,000 -1.6% $336 / Sq Ft
04/10/2024 04/10/24 Pending -- -- --
04/04/2024 04/04/24 For Sale $315,000 +125.0% $341 / Sq Ft
01/27/2017 01/27/17 Sold $140,000 -6.0% $152 / Sq Ft
11/28/2016 11/28/16 Pending -- -- --
10/07/2016 10/07/16 For Sale $149,000 -- $161 / 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 $3,296 $291,000 $26,100 $264,900
2023 $2,753 $308,000 $19,800 $288,200
2022 $2,476 $281,000 $19,000 $262,000
2021 $2,406 $219,000 $15,800 $203,200
2020 $2,227 $200,000 $15,800 $184,200
2018 $2,077 $161,000 $15,800 $145,200
2017 $1,490 $146,000 $12,600 $133,400
2016 $1,350 $104,000 $12,600 $91,400
2015 $1,119 $90,000 $12,600 $77,400
2014 -- $76,000 $12,600 $63,400
2013 -- $57,000 $12,600 $44,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2217060

Northwest Multiple Listing Service (NWMLS)

APN: 259620-0030