NOT LISTED FOR SALE

2111 SW 318th Place Unit D Federal Way, WA 98023

Twin Lakes Neighborhood

Estimated Value: $258,000 - $279,083

2 Beds
1 Bath
850 Sq Ft
$323/mo HOA Fee

Last Sold October 08, 2020

Last sale price $205,000 $241 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $2,049/month

9 Days on Market

Highlights

  • Property is near public transit
  • 1 Car Garage
  • Carpet
  • Ground Level Unit

About This Home

As of October 2020

2 bedroom, 1 bath condo with a shared Garage. Located at the end of a quiet street. A cozy living area , with bedrooms and bath just down the hall. Washer/Dryer conveniently located in the bathroom and sectioned off. Updated kitchen with Granite counter tops, stainless steel appliances and white cabinets. Carpet in bedrooms and newer laminate flooring. Great Investment opportunity, or first time home purchase.

Last Agent to Sell the Property

Jodi Williams

Suntop Realty Listed on: 08/11/2020

Last Buyer's Agent

Danny Buelt

COMPASS License #113338

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1642207

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,924

Year Built

  • Built in 1977

HOA Fees

  • $323 Monthly HOA Fees

Home Design

  • Composition Roof
  • Wood Composite

Interior Spaces

  • 850 Sq Ft Home
  • 2-Story Property
  • Oven or Range

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Gas Dryer
  • Washer

Parking

  • 1 Car Garage
  • Common or Shared Parking

Location

  • Ground Level Unit
  • Property is near public transit

Schools

  • Olympic View Elementary School
  • Lakota Mid Sch Middle School
  • Decatur High School

Additional Features

  • Street terminates at a dead end
  • Water Heater

Community Details

  • Association fees include common area maintenance, garbage, lawn service, road maintenance, water/sewer
  • 42 Units
  • Laurel Hill Association
  • Federal Way Subdivision
  • Park Phone (253) 874-5250 | Manager Kris O'Neal

Listing and Financial Details

  • Assessor Parcel Number 4215400120

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,924

Year Built

Built in 1977

Lot Details

0

HOA Fees

$323 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 31 - Condo (2 Levels)
  • Year Built: 1977
  • Inclusions: Dryer,RangeOven,Refrigerator,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Laurel Hill
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 850
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 0
  • UnitFeatures: Ground Floor
  • Special Features: None
  • Cumulative Days on Market: 13

Interior Features

  • Appliances: Dryer, Washer
  • Full Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Upper
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Dryer-Gas, Water Heater
  • Stories: 2
  • Bathrooms: 1
  • BathsFullMain: 0
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 1
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 2
  • FloorNumberOfUnit: 2
  • AppliancesIncluded: Dryer,Range/Oven,Refrigerator,Washer

Exterior Features

  • Roof: Composition
  • Lot Features: Dead End Street
  • View: No
  • Waterfront: No
  • Exterior Features: Wood Products
  • Structure Type: Multi Family
  • BusLineNearby: true

Garage/Parking

  • Carport Y N: No
  • Garage Yn: Yes
  • Parking Features: Common Garage
  • Total Parking Spaces: 1

Utilities

  • Laundry Features: Gas Dryer Hookup
  • Heating Yn: Yes
  • Utilities: Electricity Available, Garbage, Water/Sewer
  • ApplianceHookups: Dryer-Gas
  • WaterHeaterLocation: Common Area
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Park Manager Name: Kris O'Neal
  • Park Manager Phone: 253-874-5250
  • Senior Community: No
  • Association Fee: 323
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: See Remarks
  • Common Interest: Condominium
  • AssociationContactName: Laurel Hill

Fee Information

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

Schools

  • Junior High Dist: Federal Way
  • High School: Decatur High
  • Middle Or Junior School: Lakota Mid Sch

Lot Info

  • Parcel Number: 4215400120
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSSquareFootageSource: County

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2020
  • Tax Annual Amount: 1924

Multi Family

  • Number Of Units In Community: 42
  • EnergySource: Electric

MLS Schools

  • Elementary School: Olympic View Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2020
Closed on
Oct 1, 2020
Sold by
Lull Gerald Scott and Lull Maureen
Bought by
Bruce Amber
Seller's Agent
Jodi Williams
Suntop Realty
Buyer's Agent
Danny Buelt
COMPASS
List Price
$199,950
Sold Price
$205,000
Premium/Discount to List
$5,050
2.53%
Current Estimated Value
$269,271

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,271
Avg. Annual Appreciation
5.91%
Original Mortgage
$8,051
Outstanding Balance
$7,241
Interest Rate
2.9%
Mortgage Type
Stand Alone Second
Estimated Equity
$262,030

Purchase Details

Closed on
Sep 6, 2007
Sold by
Decatur Gardens Condominiums Llc
Bought by
Lull Gerald Scott and Lull Maureen Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,950
Interest Rate
6.61%
Source: Public Records

Range of Values:

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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
Bruce Amber $205,000 Fidelity National Title
Lull Gerald Scott $169,950 Commonwealth L
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bruce Amber $8,051
Open Bruce Amber $201,286
Previous Owner Lull Gerald Scott $157,100
Previous Owner Lull Gerald Scott $169,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2020 10/08/20 Sold $205,000 +2.5% $241 / Sq Ft
08/20/2020 08/20/20 Pending -- -- --
08/11/2020 08/11/20 For Sale $199,950 -- $235 / 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 -- $49,000 $12,900 $36,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1642207

Northwest Multiple Listing Service (NWMLS)

APN: 421540-0120