NOT LISTED FOR SALE

Estimated Value: $359,000 - $387,000

3 Beds
2.5 Baths
1,087 Sq Ft
8 Acres

Last Sold June 25, 2020

Last sale price $279,000 $257 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,363/month

18 Days on Market

Highlights

  • Clubhouse
  • Wood Flooring
  • End Unit
  • Property is near public transit
  • 1 Fireplace
  • Balcony

About This Home

As of June 2020

Light and bright 3 bedroom, 2.5 bath end unit in Forest Lane. Kitchen with stainless steel appliances and eating bar. Hardwood floors on main level. Custom white, shaker style cabinets throughout. Patio with private storage. Individual garage. Close to The Commons, shopping, restaurants, freeway access and the new light rail that will be coming soon! According to the HOA management company. The rental cap is 25% and it has NOT been met.

Last Agent to Sell the Property

Christopher McCain

Icon Group License #121433 Listed on: 04/30/2020

Last Buyer's Agent

Robin Stanko

Berkshire Hathaway HS NW License #76817

Berkshire Hathaway HS NW

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1595374

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,182

Year Built

  • Built in 1990

Lot Details

  • 8

Home Design

  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,087 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Alarm System

Kitchen

  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Slate Flooring
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Electric Dryer
  • Washer

Parking

  • 2 Car Garage
  • Carport

Outdoor Features

  • Balcony
  • Patio

Schools

  • Rainier View Elementary School
  • Sequoyah Mid Sch Middle School
  • Todd Beamer High School

Additional Features

  • End Unit
  • Property is near public transit
  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2596200890

Community Details

Overview

  • Association fees include common area maintenance, garbage, water/sewer
  • 6 Units
  • Forest Lane Condo
  • Federal Way Subdivision

Amenities

  • Clubhouse

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,182

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 31 - Condo (2 Levels)
  • Year Built: 1990
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,Microwave,RangeOven,Refrigerator,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Forest Lane Condo
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 1087
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 1
  • UnitFeatures: Alarm System,Balcony/Deck/Patio,End Unit,Primary Bath,Walk-in Closet
  • Special Features: VirtualTour
  • Cumulative Days on Market: 1,224

Interior Features

  • Fireplaces: 1
  • Appliances: Dishwasher, Dryer, Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Slate, Carpet
  • Interior Amenities: Forced Air, Ceramic Tile, Hardwood, Wall to Wall Carpet, Balcony/Deck/Patio, Cooking-Electric, Dryer-Electric, Ice Maker, Washer, Water Heater
  • Stories: 2
  • Bathrooms: 2.5
  • BathsFullMain: 0
  • FireplacesMain: 1
  • 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: 3
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Microwave,Range/Oven,Refrigerator,Washer

Exterior Features

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

Garage/Parking

  • Carport Y N: Yes
  • Garage Yn: Yes
  • Parking Features: Carport, Garage
  • Total Parking Spaces: 2

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Heating Yn: Yes
  • Utilities: Electricity Available, Wood, Common Area Maintenance, Garbage, Water/Sewer
  • HeatingCoolingType: Baseboard,Forced Air
  • ApplianceHookups: Cooking-Electric,Dryer-Electric,Ice Maker,Washer
  • WaterHeaterLocation: Under Stairs
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Community Features: Club House
  • Senior Community: No
  • Association Fee: 317
  • Pets Allowed: See Remarks
  • CommonPropertyFeatures: Club Houses

Fee Information

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

Schools

  • Junior High Dist: Federal Way
  • High School: Todd Beamer High
  • Middle Or Junior School: Sequoyah Mid Sch

Lot Info

  • Parcel Number: 2596200890
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSSquareFootageSource: KCR

Green Features

  • Power Production Type: Electric, Wood

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2019
  • Tax Annual Amount: 2182

Multi Family

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

MLS Schools

  • Elementary School: Rainier View Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2020
Closed on
Jun 16, 2020
Sold by
Basilio Raphael
Bought by
Root Richard M and Flaugher Keith M
Seller's Agent
Christopher McCain
Icon Group
Buyer's Agent
Robin Stanko
Berkshire Hathaway HS NW
List Price
$285,000
Sold Price
$279,000
Premium/Discount to List
-$6,000
-2.11%
Total Days on Market
18
Current Estimated Value
$368,624

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,624
Avg. Annual Appreciation
5.99%
Original Mortgage
$270,600
Outstanding Balance
$242,498
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$130,915

Purchase Details

Listed on
Jul 27, 2018
Closed on
Aug 28, 2018
Sold by
Miakota Ivanna and Avdieiev Mykhailo
Bought by
Basilio Raphael
Seller's Agent
Zdenka Kalezic
Berkshire Hathaway HS NW
Buyer's Agent
Christopher McCain
Icon Group
List Price
$275,000
Sold Price
$265,000
Premium/Discount to List
-$10,000
-3.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.87%
Original Mortgage
$238,500
Interest Rate
4.5%

Purchase Details

Listed on
Nov 1, 2014
Closed on
Dec 11, 2014
Sold by
The Bank Of New York Mellon
Bought by
Miakota Ivanna and Avdieiev Mykhailo
Seller's Agent
Antonio Delgado
Realty Pacific
Buyer's Agent
Zdenka Kalezic
Berkshire Hathaway HS NW
List Price
$84,800
Sold Price
$82,500
Premium/Discount to List
-$2,300
-2.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.29%

Purchase Details

Closed on
Oct 14, 2014
Sold by
Meza Martina
Bought by
The Bank Opf New York Mellon and The Bank Of New York

Purchase Details

Closed on
Jul 10, 2012
Sold by
Meza Martina
Bought by
Forest Lane Condominium Association

Purchase Details

Closed on
Feb 7, 2006
Sold by
Yumo Rafael S and Yumo Marita P
Bought by
Meza Martina and Meza Veronica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,800
Interest Rate
6.16%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 29, 2003
Sold by
Bryan Sukyi
Bought by
Yumo Rafael S and Yumo Marita P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,650
Interest Rate
5.75%

Purchase Details

Closed on
Sep 17, 1992
Sold by
Polygon Apartment Partners
Bought by
Bryan Sukyi
Source: Public Records

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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
Root Richard M $279,000 Chicago Title
Basilio Raphael $265,000 Rainier Title
Miakota Ivanna $82,500 First American
The Bank Opf New York Mellon -- Nextitle
Forest Lane Condominium Association -- None Available
Meza Martina $189,000 Ticor National
Yumo Rafael S $140,900 Transnation Ti
Bryan Sukyi $85,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Root Richard M $270,600
Previous Owner Basilio Raphael $238,500
Previous Owner Meza Martina $37,800
Previous Owner Meza Martina $151,200
Previous Owner Yumo Rafael S $136,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2020 06/25/20 Sold $279,000 -2.1% $257 / Sq Ft
05/18/2020 05/18/20 Pending -- -- --
04/30/2020 04/30/20 For Sale $285,000 +7.5% $262 / Sq Ft
08/31/2018 08/31/18 Sold $265,000 -3.6% $244 / Sq Ft
08/06/2018 08/06/18 Pending -- -- --
07/27/2018 07/27/18 For Sale $275,000 +233.3% $253 / Sq Ft
01/26/2015 01/26/15 Sold $82,500 -2.7% $76 / Sq Ft
12/09/2014 12/09/14 Pending -- -- --
11/01/2014 11/01/14 For Sale $84,800 -- $78 / 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 $3,717 $332,000 $30,700 $301,300
2023 $3,114 $348,000 $23,200 $324,800
2022 $2,805 $319,000 $22,300 $296,700
2021 $2,746 $249,000 $18,600 $230,400
2020 $2,577 $229,000 $18,600 $210,400
2018 $2,468 $190,000 $18,600 $171,400
2017 $1,783 $174,000 $14,900 $159,100
2016 $1,656 $125,000 $14,900 $110,100
2015 $1,374 $111,000 $14,900 $96,100
2014 -- $94,000 $14,900 $79,100
2013 -- $69,000 $14,900 $54,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1595374

Northwest Multiple Listing Service (NWMLS)

APN: 259620-0890