Listed by Redfin, Bought with Windermere Real Estate/PSK Inc
$247,500
SOLD NOV 8, 2022

2107 SW 318th Place Unit D Federal Way, WA 98023

Twin Lakes Neighborhood
2 Beds
1 Bath
850 Sq Ft
$339/mo HOA Fee

Recently Sold

$291 Per Sq Ft

10% Below List Price

16 Days on Market

Highlights

  • End Unit
  • Patio
  • Garage
  • Balcony
  • 1-Story Property
  • Wood Siding

About This Home

As of November 2022

Incredible opportunity in this 2 bedroom, 1 bath end unit condo situated on the upper level. The main living space features a light and bright kitchen with eating space and a living room. Two good-sized bedrooms and an updated full bath. Laminate flooring throughout. W/D in unit. Conveniently located to shopping, dining, I-5 and more!

Last Agent to Sell the Property

Brian Richards

Redfin License #112837 Listed on: 09/20/2022

Redfin

Last Buyer's Agent

Derek Catherall

Windermere Real Estate/PSK Inc License #27109

Windermere Real Estate/PSK Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1998111

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,386

Year Built

  • Built in 1977

Lot Details

  • End Unit

HOA Fees

  • $339 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 850 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring

Kitchen

  • Electric Oven or Range
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Electric Dryer
  • Washer

Outdoor Features

  • Balcony
  • Patio

Listing and Financial Details

  • Assessor Parcel Number 4215400040

Community Details

Overview

  • Association fees include common area maintenance, garbage, sewer, water
  • Laurel Hill Condos
  • Twin Lakes Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,386

Year Built

Built in 1977

Lot Details

0

HOA Fees

$339 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Year Built: 1977
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,Microwave,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Laurel Hill
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 850
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 15
  • UnitFeatures: Balcony/Deck/Patio,End Unit
  • Special Features: VirtualTour
  • Cumulative Days on Market: 1,007

Interior Features

  • Appliances: Dishwasher, Dryer, Disposal, Microwave, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace: No
  • Flooring: Laminate
  • Interior Amenities: Laminate, Balcony/Deck/Patio, Cooking-Electric, Dryer-Electric, Washer
  • Main Level Bedrooms: 2
  • Bathrooms: 1
  • BathsFullMain: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Microwave,Refrigerator,Stove/Range,Washer

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Exterior Features: Brick, Wood
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Garage Yn: Yes
  • Parking Features: Individual Garage

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 339
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Subj to Restrictions
  • CoOp: false

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: 4215400040
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist- Buyer to Verify
  • MLSSquareFootageSource: Realist- Buyer to Verify

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • RentalCap: At or above Rental Cap (See Remarks)

Tax Info

  • Year: 2022
  • Tax Annual Amount: 2386

Multi Family

  • EnergySource: Electric

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2016
Closed on
Jan 11, 2017
Sold by
Shim Jung Y
Bought by
Carter Keith
Seller's Agent
Jeong Kim
Best Choice Network LLC
Buyer's Agent
Jonathan Stein
John L. Scott, Inc
List Price
$129,950
Sold Price
$128,719
Premium/Discount to List
-$1,231
-0.95%
Current Estimated Value
$263,158

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,439
Avg. Annual Appreciation
8.76%
Original Mortgage
$120,000
Outstanding Balance
$100,571
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$162,587

Purchase Details

Closed on
Feb 5, 2013
Sold by
Lee Hee Young
Bought by
Shim Jung Yong

Purchase Details

Closed on
Aug 17, 2011
Sold by
Fannie Mae
Bought by
Lee Hee Young

Purchase Details

Closed on
Dec 17, 2010
Sold by
Jones Jeff S
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 10, 2007
Sold by
Decatur Gardens Condominiums Llc
Bought by
Jones Jeff S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,950
Interest Rate
6.66%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Warranty Deed $128,719 Stewart Title
Quit Claim Deed $70,000 None Available
Special Warranty Deed -- Old Republic T
Trustee Deed $167,858 None Available
Warranty Deed $184,950 Commonwealth L
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $120,000 New Conventional
Previous Owner $73,500 New Conventional
Previous Owner $155,500 Unknown
Previous Owner $147,950 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2022 11/08/22 Sold $247,500 -6.6% $291 / Sq Ft
10/06/2022 10/06/22 Pending -- -- --
09/28/2022 09/28/22 Price Changed $265,000 -3.6% $312 / Sq Ft
09/20/2022 09/20/22 For Sale $275,000 +113.6% $324 / Sq Ft
01/20/2017 01/20/17 Sold $128,719 -0.9% $151 / Sq Ft
11/26/2016 11/26/16 Pending -- -- --
11/21/2016 11/21/16 For Sale $129,950 0.0% $153 / Sq Ft
11/03/2016 11/03/16 Pending -- -- --
09/27/2016 09/27/16 Price Changed $129,950 -3.7% $153 / Sq Ft
09/06/2016 09/06/16 Price Changed $135,000 -3.5% $159 / Sq Ft
08/05/2016 08/05/16 For Sale $139,950 -- $165 / 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 $2,870 $244,000 $32,300 $211,700
2023 $2,470 $270,000 $23,300 $246,700
2022 $2,386 $249,000 $20,700 $228,300
2021 $2,355 $209,000 $18,100 $190,900
2020 $1,996 $194,000 $18,100 $175,900
2018 $1,893 $135,000 $15,500 $119,500
2017 $1,611 $131,000 $15,500 $115,500
2016 $1,446 $111,000 $15,500 $95,500
2015 $1,042 $95,000 $15,500 $79,500
2014 -- $69,000 $12,900 $56,100
2013 -- $50,000 $12,900 $37,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1998111

Northwest Multiple Listing Service (NWMLS)

APN: 421540-0040