NOT LISTED FOR SALE

Estimated Value: $298,785 - $317,000

2 Beds
2.5 Baths
921 Sq Ft
$303/mo HOA Fee

Last Sold December 31, 2019

Last sale price $200,000 $217 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $2,284/month

51 Days on Market

Highlights

  • Open Space
  • Lobby
  • Carpet

About This Home

As of December 2019

Town home in heart of Federal Way! Spacious living room with cozy wood fireplace! Open concept kitchen with breakfast bar! Two master suites upstairs! Your very own private patio and storage space! Dues include water, sewer & garbage. Quiet community close to freeways, shopping, schools and parks.

Last Agent to Sell the Property

Nikki Leske

Real Estate With Nik & Co License #26917 Listed on: 10/11/2019

Last Buyer's Agent

Adam Thomas

Keller Williams Realty Bothell License #128255

Keller Williams Realty Bothell

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1530192

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,856

Year Built

  • Built in 1990

Lot Details

  • Open Space
  • Street terminates at a dead end

HOA Fees

  • $303 Monthly HOA Fees

Parking

  • Carport

Home Design

  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 921 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Natural Gas Connected

Listing and Financial Details

  • Assessor Parcel Number 2596200730

Community Details

Overview

  • Association fees include common area maintenance, garbage, lawn service, road maintenance, water/sewer
  • David Smith Association
  • Secondary HOA Phone (360) 292-1125
  • Forest Lane Condos
  • Federal Way Subdivision
  • Park Phone (360) 292-1125 | Manager David Smith

Amenities

  • Lobby

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,856

Year Built

Built in 1990

Lot Details

0

HOA Fees

$303 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Year Built: 1990
  • Inclusions: Dishwasher,Dryer,Microwave,RangeOven,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Forest Lane
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 921
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 0
  • UnitFeatures: Primary Bath
  • Special Features: VirtualTour
  • Cumulative Days on Market: 54

Interior Features

  • Appliances: Dryer, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Stories: 2
  • Bathrooms: 2.5
  • BathsFullMain: 0
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 2
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 2
  • FloorNumberOfUnit: 1
  • AppliancesIncluded: Dishwasher,Dryer,Microwave,Range/Oven,Washer

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Dead End Street, Open Space, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Metal/Vinyl
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: Yes
  • Garage Yn: No

Utilities

  • Heating Yn: Yes
  • Utilities: Natural Gas Connected, Garbage, Water/Sewer

Condo/Co-op/Association

  • Community Features: Lobby Entrance
  • Park Manager Name: David Smith
  • Park Manager Phone: 360-292-1125
  • Association Fee: 303
  • Association Fee Frequency: Monthly
  • Phone: 360-292-1125
  • AssociationContactName: David Smith
  • CommonPropertyFeatures: Lobby Entrance

Fee Information

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

Schools

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

Lot Info

  • Parcel Number: 2596200730
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSLotSizeSource: Public Records
  • MLSSquareFootageSource: Public Records

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2019
  • Tax Annual Amount: 1856

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2019
Closed on
Dec 30, 2019
Sold by
Long Kelly R
Bought by
Carlson Mitch and Carlson Sharon
Seller's Agent
Nikki Leske
Real Estate With Nik & Co
Buyer's Agent
Adam Thomas
Keller Williams Realty Bothell
List Price
$209,950
Sold Price
$200,000
Premium/Discount to List
-$9,950
-4.74%
Current Estimated Value
$308,946

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,946
Avg. Annual Appreciation
8.21%
Original Mortgage
$110,000
Outstanding Balance
$98,397
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$210,549

Purchase Details

Closed on
May 9, 2003
Sold by
An Chongwan and Kim Pyoungsu
Bought by
Long Kelly R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,500
Interest Rate
5.75%

Purchase Details

Closed on
Apr 19, 2001
Sold by
Donaldson Scott E and Donaldson Christine K
Bought by
Kim Pyoungsu and An Chongwan

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
6.98%

Purchase Details

Closed on
May 13, 1997
Sold by
Wong Cameron W
Bought by
Donaldson Scott E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,398
Interest Rate
8.14%
Mortgage Type
VA

Purchase Details

Closed on
Nov 24, 1992
Sold by
Polygon Apartment
Bought by
Wong Cameron W
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
Carlson Mitch $200,000 Fidelity National Title
Long Kelly R $122,500 Stewart Title
Kim Pyoungsu $101,000 Transnation Title Insurance
Donaldson Scott E $74,900 --
Wong Cameron W $72,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carlson Mitch $110,000
Previous Owner Long Kelly R $170,100
Previous Owner Long Kelly R $18,300
Previous Owner Long Kelly R $122,500
Previous Owner Kim Pyoungsu $80,800
Previous Owner Donaldson Scott E $76,398
Closed Kim Pyoungsu $10,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2019 12/31/19 Sold $200,000 -4.7% $217 / Sq Ft
12/01/2019 12/01/19 Pending -- -- --
10/11/2019 10/11/19 For Sale $209,950 -- $228 / 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 $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 $2,227 $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: 1530192

Northwest Multiple Listing Service (NWMLS)

APN: 259620-0730