NOT LISTED FOR SALE

Estimated Value: $356,000 - $380,000

3 Beds
2.5 Baths
1,090 Sq Ft
$317/mo HOA Fee

Last Sold November 06, 2020

Last sale price $269,999 $248 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $2,648/month

13 Days on Market

Highlights

  • 7.92 Acre Lot
  • Property is near public transit
  • Walk-In Closet
  • Clubhouse
  • Balcony
  • Patio

About This Home

As of November 2020

Excellent townhouse in a great location, close to shopping centers, I-5, HWY 167, schools, and many other amenities. Townhouse features: 3 bedrms, 2.5 baths, vaulted ceilings, granite countertops in the kitchen, freshly painted, stainless steel appliances, huge play area in the backyard, A lot of closet space, large patio with storage, carport, close to the upcoming light rail! This is a well-maintained unit. Vinyl siding. Make this your home today!!! VACANT. Go show

Last Agent to Sell the Property

Kennedy Akinlosotu

Nations Realty, LLC License #11974 Listed on: 09/18/2020

Nations Realty, LLC

Co-Listed By

Mina Oliveira

eXp Realty License #126638

Last Buyer's Agent

Miky Hyun

Berkshire Hathaway HS NW License #99567

Berkshire Hathaway HS NW

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1665493

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,460

Year Built

  • Built in 1990

Lot Details

  • 8

HOA Fees

  • $317 Monthly HOA Fees

Parking

  • Carport

Home Design

  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,090 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Dryer

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2.5 Bathrooms

Outdoor Features

  • Balcony
  • Patio

Location

  • Property is near public transit

Listing and Financial Details

Community Details

Overview

  • Association fees include common area maintenance, garbage, sewer, water
  • 95 Units
  • David Smith Association
  • Forrest Lane Condomium Condos
  • Federal Way Subdivision
  • Park Phone (360) 292-1125 | Manager Morris Management

Amenities

  • Clubhouse

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,460

Year Built

Built in 1990

Lot Details

0

HOA Fees

$317 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 31 - Condo (2 Levels)
  • Year Built: 1990
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,Microwave,RangeOven,Refrigerator
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Forrest Lane Condomium
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 1090
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 0
  • UnitFeatures: Balcony/Deck/Patio,Primary Bath,Walk-in Closet
  • AccessoryDwellingUnit: AttachedDwelling
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/1665493?w=Consumer&agent=65282
  • Special Features: None
  • Cumulative Days on Market: 710

Interior Features

  • Fireplaces: 1
  • Appliances: Dishwasher, Dryer, Disposal, Microwave, Range/Oven, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Laminate, Carpet
  • Interior Amenities: Wall to Wall Carpet, Laminate, Balcony/Deck/Patio, Cooking-Electric, Fireplace
  • Stories: 2
  • Bathrooms: 2.5
  • BathsFullMain: 0
  • FireplacesMain: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BedroomsLower: 0
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Microwave,Range/Oven,Refrigerator

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Exterior Features: Metal/Vinyl
  • Structure Type: Multi Family
  • BusLineNearby: true

Garage/Parking

  • Carport Y N: Yes
  • Parking Features: Carport

Utilities

  • Cooling Y N: No
  • Heating Yn: No
  • ApplianceHookups: Cooking-Electric

Condo/Co-op/Association

  • Community Features: Club House
  • Park Manager Name: Morris Management
  • Park Manager Phone: 360-292-1125
  • Senior Community: No
  • Association Fee: 317
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Subj to Restrictions
  • Common Interest: Condominium
  • AssociationContactName: David Smith
  • CoOp: false
  • CommonPropertyFeatures: Club Houses

Fee Information

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

Schools

  • Junior High Dist: Federal Way
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 2596200090
  • Lot Size Acres: 7.92
  • Lot Size Sq Ft: 344995
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Public Records
  • MLSSquareFootageSource: County record

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2020
  • Tax Annual Amount: 2460

Multi Family

  • Number Of Units In Community: 95
  • EnergySource: Electric
  • UnitsInBuildingTotal: 6

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2020
Closed on
Oct 27, 2020
Sold by
Momotyuk Yuriy and Momotyuk Valentina
Bought by
Lee Kyong Eun and Hong Kyurig Sun
Seller's Agent
Kennedy Akinlosotu
Nations Realty, LLC
Buyer's Agent
Miky Hyun
Berkshire Hathaway HS NW
List Price
$279,999
Sold Price
$269,999
Premium/Discount to List
-$10,000
-3.57%
Total Days on Market
13
Current Estimated Value
$365,568

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,569
Avg. Annual Appreciation
6.73%
Original Mortgage
$242,999
Outstanding Balance
$219,045
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$146,523

Purchase Details

Listed on
Oct 20, 2011
Closed on
Mar 5, 2012
Sold by
Ing Bank Fsb
Bought by
Momotyuk Yuriy
Seller's Agent
Kennedy Akinlosotu
Nations Realty, LLC
Buyer's Agent
Kennedy Akinlosotu
Nations Realty, LLC
List Price
$47,000
Sold Price
$47,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.40%

Purchase Details

Closed on
Aug 24, 2011
Sold by
Tran Dung T
Bought by
Ing Bank Fsb

Purchase Details

Closed on
May 29, 1997
Sold by
Tran Dung T
Bought by
Tran Dung T and Tran Le Trinh T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,250
Interest Rate
8.13%

Purchase Details

Closed on
Nov 9, 1992
Sold by
Polygon Apartment
Bought by
Tran Dung
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
Lee Kyong Eun $269,999 Rainier Title
Momotyuk Yuriy $47,000 First American
Ing Bank Fsb $71,732 1St American
Tran Dung T -- Fidelity National Title
Tran Dung $79,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Kyong Eun $242,999
Previous Owner Tran Dung T $150,500
Previous Owner Tran Dung T $112,000
Previous Owner Tran Dung T $71,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2020 11/06/20 Sold $269,999 0.0% $248 / Sq Ft
10/01/2020 10/01/20 Pending -- -- --
09/23/2020 09/23/20 Price Changed $269,999 -3.6% $248 / Sq Ft
09/18/2020 09/18/20 For Sale $279,999 +495.7% $257 / Sq Ft
03/15/2012 03/15/12 Sold $47,000 0.0% $43 / Sq Ft
02/24/2012 02/24/12 Pending -- -- --
10/22/2011 10/22/11 For Sale $47,000 -- $43 / 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 $3,627 $321,000 $30,700 $290,300
2023 $3,067 $344,000 $23,200 $320,800
2022 $2,761 $314,000 $22,300 $291,700
2021 $2,699 $245,000 $18,600 $226,400
2020 $2,507 $225,000 $18,600 $206,400
2018 $2,384 $184,000 $18,600 $165,400
2017 $1,727 $168,000 $14,900 $153,100
2016 $1,568 $121,000 $14,900 $106,100
2015 $1,303 $105,000 $14,900 $90,100
2014 -- $89,000 $14,900 $74,100
2013 -- $65,000 $14,900 $50,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1665493

Northwest Multiple Listing Service (NWMLS)

APN: 259620-0090