NOT LISTED FOR SALE

Estimated Value: $308,000 - $341,000

3 Beds
2 Baths
1,043 Sq Ft
8 Acres

Last Sold November 13, 2015

Last sale price $111,000 $106 Per Sq Ft

Est. 198% increase in value since last sale

Current estimated payment $2,119/month

73 Days on Market

Highlights

  • 1 Fireplace
  • Corner Lot
  • Ceramic Tile Flooring

About This Home

As of November 2015

Enjoy comfortable living in this updated community of Forest Lane Condos! This 3 bedroom / 2 bathroom(1043 SF) unit features a large kitchen open to the great room, a dining room with a slider the patio / yard, a cozy FP in the great room, a master suite with a private full bathroom, vaulted ceilings that enhance feel of the open layout, and nearby carport parking! These buildings are well kept and incredibly convenient for commuters! TLC will bring an incredible return on investment!!!

Last Agent to Sell the Property

Ryan Meacham

Engel & Voelkers Chambers Bay License #11565 Listed on: 08/05/2015

Engel & Voelkers Chambers Bay

Last Buyer's Agent

Teresa Warner

Agilon Properties LLC License #17986

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM830328

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,513

Year Built

  • Built in 1990

Lot Details

  • 8

Parking

  • Carport

Home Design

  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • 1 Fireplace

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Community Details

  • Federal Way Community

Listing and Financial Details

  • Assessor Parcel Number 2596200900

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,513

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 30 - Condo (1 Level)
  • Entrance Level: Main
  • Unit Floor Number: 1
  • Year Built: 1990
  • Special Features: 20
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Ceramic Tile, Vinyl, Wall To Wall Carpet
  • Appliance Hookups: Cooking-Electric, Dryer-Electric, Washer
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 3
  • Bathrooms: 2.00
  • Total Full Bathrooms: 2
  • Main Level Full Bathrooms: 2
  • Master Bedroom: Main
  • Fireplace Type: Wood
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Dining Room: Main
  • Kitchen: Main
  • Living Room: Main
  • Estimated Sq Ft: 1043

Exterior Features

  • Exterior: Metal/Vinyl
  • Roof: Composition

Garage/Parking

  • Numberof Assigned Spaces: 1
  • Parking Type: Carport

Utilities

  • Heating And Cooling: Baseboard
  • Water Heater: clst-elec

Condo/Co-op/Association

  • Numberof Units In Complex: 95
  • HOA Fees: 249
  • Community Name: Federal Way
  • Project: Forest Lane
  • Manager Contact Information: MacPherson's (425) 747-5900
  • Common Property Features: Disabled Access, Outside Entry
  • Home Owner Dues Included: Garbage, Water/Sewer, Common Area Maintenance, Lawn Service
  • Unit Features: Balcony/Deck/Patio, End Unit, Ground Floor, Insulated Windows, Master Bath, Vaulted Ceilings

Schools

  • School District: FED

Lot Info

  • Lot Details: Corner Lot, Curbs, Paved Street, Sidewalk
  • Parcel Number: 2596200900

Tax Info

  • Tax Amount: 1261

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2015
Closed on
Nov 3, 2015
Sold by
Us Bank National Association
Bought by
The Djm Investments 401K Plan
Seller's Agent
Ryan Meacham
Engel & Voelkers Chambers Bay
Buyer's Agent
Teresa Warner
Agilon Properties LLC
List Price
$124,950
Sold Price
$111,000
Premium/Discount to List
-$13,950
-11.16%
Current Estimated Value
$330,482

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,482
Avg. Annual Appreciation
12.18%

Purchase Details

Closed on
Jul 27, 2015
Sold by
Bernard Brian
Bought by
Us Bank National Association

Purchase Details

Closed on
Nov 30, 2007
Sold by
Bernard Suzette and Bernard Susan
Bought by
Bernard Brian K and Bernard Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,000
Interest Rate
6.3%

Purchase Details

Closed on
Jul 18, 2007
Sold by
Equity Partners Northwest Funding Llc
Bought by
Bernard Suzette and Bernard Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
8.71%

Purchase Details

Closed on
May 25, 2007
Sold by
Naidu Rita R
Bought by
Bernard Brian and Bernard Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
8.71%

Purchase Details

Closed on
May 31, 2005
Sold by
Newell Kristin K
Bought by
Naidu Rita R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,200
Interest Rate
6.87%

Purchase Details

Closed on
May 17, 1996
Sold by
Emil Richard
Bought by
Newell Kristin K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,500
Interest Rate
7.97%

Purchase Details

Closed on
Feb 17, 1993
Sold by
Gillard Inc
Bought by
Emil Richard and Emil Bessie K
Source: Public Records

Range of Values:

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Average Value
Not Available
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
The Djm Investments 401K Plan $111,000 Nextitle
Us Bank National Association $120,000 None Available
Bernard Brian K -- Old Republic T
Bernard Suzette -- Old Republic T
Bernard Brian $163,200 Old Republic T
Naidu Rita R $169,000 Lawyers Title
Newell Kristin K $85,500 Fidelity National Title
Emil Richard $82,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bernard Brian K $178,000
Previous Owner Bernard Suzette $168,000
Previous Owner Bernard Brian $28,200
Previous Owner Bernard Brian $135,000
Previous Owner Naidu Rita R $135,200
Previous Owner Newell Kristin K $110,000
Previous Owner Newell Kristin K $83,500
Closed Naidu Rita R $33,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2015 11/13/15 Sold $111,000 -3.4% $106 / Sq Ft
10/20/2015 10/20/15 Pending -- -- --
09/30/2015 09/30/15 Price Changed $114,950 -4.2% $110 / Sq Ft
09/09/2015 09/09/15 Price Changed $120,000 -4.0% $115 / Sq Ft
08/07/2015 08/07/15 For Sale $124,950 -- $120 / 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 $3,513 $311,000 $30,700 $280,300
2023 $2,990 $334,000 $23,200 $310,800
2022 $2,695 $306,000 $22,300 $283,700
2021 $2,617 $239,000 $18,600 $220,400
2020 $2,437 $218,000 $18,600 $199,400
2018 $2,300 $178,000 $18,600 $159,400
2017 $1,657 $162,000 $14,900 $147,100
2016 $1,539 $116,000 $14,900 $101,100
2015 $1,261 $103,000 $14,900 $88,100
2014 -- $86,000 $14,900 $71,100
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: NWM830328

Northwest Multiple Listing Service (NWMLS)

APN: 259620-0900