$185,000
SOLD OCT 9, 2018

2109 SW 318th Place Unit C Federal Way, WA 98023

Twin Lakes Neighborhood
2 Beds
1 Bath
820 Sq Ft
2.34 Acres

Recently Sold

$226 Per Sq Ft

2% Below List Price

25 Days on Market

About This Home

As of October 2018

This lovely townhome located on a quiet street features a bright and open floor plan. The kitche features plenty of counter space plus seperate eating area. The living room and patio gives plenty of room for eating space. Newly updated floor.

Last Agent to Sell the Property

Sung Bae Oh

Q Star Seattle Corporation License #25069 Listed on: 07/26/2018

Q Star Seattle Corporation

Last Buyer's Agent

Briana Schiavone

Keller Williams Realty PS License #114324

Keller Williams Realty PS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1335780

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,852

Year Built

  • Built in 1977

Parking

  • Common or Shared Parking

Home Design

  • Composition Roof
  • Wood Composite

Kitchen

  • Oven or Range
  • <<microwave>>
  • Dishwasher

Flooring

  • Laminate Flooring

Laundry

  • Dryer
  • Washer

Community Details

  • Federal Way Community

Listing and Financial Details

  • Assessor Parcel Number 4215400070

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,852

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 31 - Condo (2 Levels)
  • Entrance Level: Main
  • Year Built: 1977
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Laminate
  • Appliances That Stay: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 2.00
  • Bathrooms: 1.00
  • Total Full Bathrooms: 1
  • Dining Room: Main
  • Kitchen: Main
  • Living Room: Main
  • Estimated Sq Ft: 820

Exterior Features

  • Exterior: Wood Products
  • Roof: Composition

Garage/Parking

  • Parking Type: Common Garage

Utilities

  • Heating And Cooling: Baseboard

Condo/Co-op/Association

  • HOA Fees: 298
  • Community Name: Federal Way
  • Project: Laurel Hill
  • Manager Contact Information: Kris O'neal (253) 874-5250
  • Home Owner Dues Included: Garbage, Water/Sewer, Road Maintenance, Common Area Maintenance, Lawn Service

Schools

  • Elementary School: Olympic View Elem
  • Middle School: Lakota Mid Sch
  • High School: Decatur High
  • School District: FED

Lot Info

  • Parcel Number: 4215400070

Tax Info

  • Tax Amount: 1851

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2018
Closed on
Sep 13, 2018
Sold by
Lee Kyung Hee
Bought by
Moreno Susan
Seller's Agent
Sung Bae Oh
Q Star Seattle Corporation
Buyer's Agent
Briana Schiavone
Keller Williams Realty PS
List Price
$189,000
Sold Price
$185,000
Premium/Discount to List
-$4,000
-2.12%
Current Estimated Value
$267,428

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,428
Avg. Annual Appreciation
6.23%
Original Mortgage
$7,178
Interest Rate
4.5%
Mortgage Type
Stand Alone First

Purchase Details

Listed on
Jul 25, 2013
Closed on
Oct 4, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Lee Kyung Hee
Seller's Agent
Ed Laine
eXp Realty
Buyer's Agent
Alan Duffy
Shiloh Street
List Price
$77,500
Sold Price
$75,000
Premium/Discount to List
-$2,500
-3.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.75%

Purchase Details

Closed on
Apr 9, 2013
Sold by
Farris Donald W
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Mar 7, 2007
Sold by
Decatur Gardens Condominiums Llc
Bought by
Farris Donald W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,700
Interest Rate
6.23%
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 $185,000 Wfg National Title
Bargain Sale Deed $75,000 Nextitle
Trustee Deed $153,680 First American
Warranty Deed $190,700 Commonwealth L
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $184,000 New Conventional
Closed $7,178 Stand Alone First
Closed $179,450 No Value Available
Previous Owner $190,700 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2018 10/09/18 Sold $185,000 -2.1% $226 / Sq Ft
08/20/2018 08/20/18 Pending -- -- --
07/26/2018 07/26/18 For Sale $189,000 +152.0% $230 / Sq Ft
10/08/2013 10/08/13 Sold $75,000 -3.2% $91 / Sq Ft
09/26/2013 09/26/13 Pending -- -- --
07/25/2013 07/25/13 For Sale $77,500 -- $95 / 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 $2,852 $243,000 $31,200 $211,800
2023 $2,423 $265,000 $22,400 $242,600
2022 $2,342 $244,000 $19,900 $224,100
2021 $2,308 $205,000 $17,400 $187,600
2020 $1,961 $190,000 $17,400 $172,600
2018 $1,851 $131,000 $14,900 $116,100
2017 $1,569 $128,000 $14,900 $113,100
2016 $1,402 $108,000 $14,900 $93,100
2015 $1,014 $92,000 $14,900 $77,100
2014 -- $67,000 $12,400 $54,600
2013 -- $47,000 $12,400 $34,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1335780

Northwest Multiple Listing Service (NWMLS)

APN: 421540-0070