NOT LISTED FOR SALE

Estimated Value: $294,683 - $321,000

2 Beds
2.5 Baths
920 Sq Ft
$433/mo HOA Fee

Last Sold May 09, 2022

Last sale price $310,000 $337 Per Sq Ft

Current estimated payment $2,424/month

28 Days on Market

Highlights

  • Contemporary Architecture
  • Community Garden
  • Patio
  • 1 Fireplace
  • Balcony
  • Wall to Wall Carpet

About This Home

As of May 2022

Well maintained condo in Forest Lane with wonderful floor plan including 2 separate En-Suite bedrooms on the upper level! Spacious kitchen with eating space flowing to roomy dining and living room with elegant fireplace. A half bathroom is on the main level. Large sliding glass door leads out to nice private patio area with spacious storage area. Newer Washer and Dryer combo. Plenty of closets and extra storage areas. Newer H2O heater. Covered Carport. Quick and easy I-5 & Hwy 1 access. Federal Way Commons, New Bus and Train Terminal, amenities, restaurants all just blocks away.

Last Agent to Sell the Property

Shamus Geary

John L. Scott, Inc License #14864 Listed on: 03/04/2022

John L. Scott, Inc

Last Buyer's Agent

Jun Dizon

Keller Williams Seattle Metro License #129765

Keller Williams Seattle Metro

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1897220

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,406

Year Built

  • Built in 1990

Lot Details

  • 8

HOA Fees

  • $433 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 920 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Insulated Windows

Kitchen

  • Electric Oven or Range
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Electric Dryer
  • Washer

Parking

  • 1 Parking Space
  • Carport

Outdoor Features

  • Balcony
  • Patio

Utilities

  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2596200540

Community Details

Overview

  • Association fees include common area maintenance, garbage, lawn service, sewer, water
  • 95 Units
  • Morris Management Association
  • Secondary HOA Phone (425) 283-5858
  • Forest Lane Condos
  • Federal Way Subdivision
  • Park Phone (360) 292-1125 | Manager Morris Management

Amenities

  • Community Garden

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,406

Year Built

Built in 1990

Lot Details

0

HOA Fees

$433 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 31 - Condo (2 Levels)
  • Year Built: 1990
  • Inclusions: Dishwasher,Dryer,Microwave,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Contemporary
  • Building Name: Forest Lane
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 920
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 0
  • UnitFeatures: Balcony/Deck/Patio,Insulated Windows
  • Special Features: None
  • Cumulative Days on Market: 1,151

Interior Features

  • Fireplaces: 1
  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace: Yes
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Laminate Hardwood, Wall to Wall Carpet, Balcony/Deck/Patio, Cooking-Electric, Dryer-Electric, Washer, Water Heater
  • Bathrooms: 2.25
  • 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: 1
  • BedroomsLower: 0
  • BedroomsUpper: 2
  • FloorNumberOfUnit: 2
  • AppliancesIncluded: Dishwasher,Dryer,Microwave,Refrigerator,Stove/Range,Washer
  • StorageLocation: Patio

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Metal/Vinyl
  • Structure Type: Multi Family

Garage/Parking

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

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Heating Yn: Yes
  • Utilities: Electricity Available, Common Area Maintenance, Garbage
  • HeatingCoolingType: Baseboard,Wall
  • ApplianceHookups: Cooking-Electric,Dryer-Electric,Washer
  • WaterHeaterLocation: Closet
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Community Features: Garden Space
  • Park Manager Name: Morris Management
  • Park Manager Phone: 360-292-1125
  • Senior Community: No
  • Association Fee: 433
  • Association Fee Frequency: Monthly
  • Phone: 425-283-5858
  • Association: Yes
  • Pets Allowed: Yes
  • Common Interest: Condominium
  • AssociationContactName: Morris Management
  • CommonPropertyFeatures: Garden Space

Fee Information

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

Schools

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

Lot Info

  • Parcel Number: 2596200540
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSSquareFootageSource: KCR

Green Features

  • Efficiency: Insulated Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2021
  • Tax Annual Amount: 2406

Multi Family

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

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 12, 2003
Sold by
Ishiwata Toyomi
Bought by
Ishiwata Tomio
Total Days on Market
28
Current Estimated Value
$309,171

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
4.1%

Purchase Details

Closed on
Mar 10, 2003
Sold by
Schlimme Thomas E and Waweru Schlimme Dorothy W
Bought by
Ishiwata Tomio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
4.1%

Purchase Details

Closed on
Dec 2, 1999
Sold by
Piechocinski Janusz
Bought by
Schlimme Thomas E and Waweru Dorothy W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,800
Interest Rate
7.69%

Purchase Details

Closed on
Jan 7, 1993
Sold by
Polygon Apt Ptns
Bought by
Gillard Inc

Purchase Details

Closed on
Sep 24, 1992
Sold by
Polygon Apartment Partners
Bought by
Piechocinski Janusz
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
Ishiwata Tomio -- Commonwealth L
Ishiwata Tomio $120,000 Commonwealth L
Schlimme Thomas E $94,000 Chicago Title Insurance Co
Gillard Inc $1,000,000 --
Piechocinski Janusz $69,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ishiwata Tomio $117,000
Closed Ishiwata Tomio $114,000
Previous Owner Schlimme Thomas E $80,800
Closed Schlimme Thomas E $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2022 05/09/22 Sold $310,000 +3.4% $337 / Sq Ft
04/01/2022 04/01/22 Pending -- -- --
04/01/2022 04/01/22 For Sale $299,950 0.0% $326 / Sq Ft
03/09/2022 03/09/22 Pending -- -- --
03/04/2022 03/04/22 For Sale $299,950 -- $326 / 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 $3,295 $291,000 $26,100 $264,900
2023 $2,753 $307,000 $19,800 $287,200
2022 $2,476 $281,000 $19,000 $262,000
2021 $2,406 $219,000 $15,800 $203,200
2020 $2,216 $200,000 $15,800 $184,200
2018 $2,063 $161,000 $15,800 $145,200
2017 $1,490 $145,000 $12,600 $132,400
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: 1897220

Northwest Multiple Listing Service (NWMLS)

APN: 259620-0540