NOT LISTED FOR SALE

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

Twin Lakes Neighborhood

Estimated Value: $264,000 - $290,000

2 Beds
1 Bath
850 Sq Ft
2.34 Acres

Last Sold October 08, 2020

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

Est. 33% increase in value since last sale

Current estimated payment $1,751/month

9 Days on Market

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 Listed By

Jodi Williams

Suntop Realty Listed on: 08/11/2020

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1642207

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,870

Year Built

  • Built in 1977

Lot Details

  • Street terminates at a dead end

Parking

  • Common or Shared Parking

Home Design

  • Composition Roof
  • Wood Composite

Interior Spaces

  • 2-Story Property
  • Oven or Range

Flooring

  • Wall to Wall Carpet
  • Vinyl

Laundry

  • Dryer
  • Washer

Community Details

  • Federal Way Community

Listing and Financial Details

  • Assessor Parcel Number 4215400120

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,870

Year Built

Built in 1977

Lot Details

0

Listing Details

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

Interior Features

  • Floor Covering: Vinyl, Wall To Wall Carpet
  • Appliance Hookups: Dryer-Gas
  • Appliances That Stay: Dryer, Range/Oven, Refrigerator, Washer
  • Bedrooms: 2.00
  • Bathrooms: 1.00
  • Total Full Bathrooms: 1
  • Dining Room: Upper
  • Living Room: Upper
  • Kitchen w/ Eating Area: Upper
  • Estimated Sq Ft: 850

Exterior Features

  • Exterior: Wood Products
  • Roof: Composition

Garage/Parking

  • Numberof Assigned Spaces: 1
  • Parking Type: Common Garage

Utilities

  • Heating And Cooling: Baseboard
  • Water Heater: Common Area-Electric

Condo/Co-op/Association

  • Numberof Units In Complex: 42
  • HOA Fees: 323
  • Community Name: Federal Way
  • Project: Laurel Hill
  • Manager Contact Information: Kris O'Neal (253) 874-5250
  • Association Contact: Laurel Hill
  • Home Owner Dues Included: Garbage, Water/Sewer, Road Maintenance, Common Area Maintenance, Lawn Service
  • Unit Features: Ground Floor

Schools

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

Lot Info

  • Lot Details: Dead End Street, Paved Street
  • Parcel Number: 4215400120

Rental Info

  • Monthly Rentif Rented: 1360

Tax Info

  • Tax Amount: 1924

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%
Total Days on Market
9
Current Estimated Value
$272,829

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,829
Avg. Annual Appreciation
9.28%
Original Mortgage
$8,051
Outstanding Balance
$7,289
Interest Rate
2.9%
Mortgage Type
Stand Alone Second
Estimated Equity
$301,110

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%

Range of Values:

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Average Value
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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: NWM1642207

Northwest Multiple Listing Service (NWMLS)

APN: 421540-0120