Listed by Keller Williams Realty
$275,000
PENDING

2117 SW 318th Place Unit A Federal Way, WA 98023

Twin Lakes Neighborhood

Estimated payment $2,186/month

Total Views 1,158
2 Beds
1 Bath
900 Sq Ft
$306 Price per Sq Ft

Highlights

  • Property is near public transit
  • Territorial View
  • End Unit
  • Secluded Lot
  • Traditional Architecture
  • Ground Level Unit

About This Home

Welcome home to this stylish and move-in ready main floor condo offering comfort, convenience, and unique privacy. Inside, this freshly painted home features two bedrooms and a thoughtfully updated kitchen with rich cherry cabinets, sleek granite counters, stainless and black appliances and brand new luxury wood vinyl plank flooring that continues into the spacious living room. Enjoy the ease of having a garage and the rare perk of no neighbors living above you. Located just minutes from the mall, with countless dining options, shopping, and schools nearby, this home puts everything you need right at your fingertips. Whether you're starting out, downsizing, or looking for a great investment opportunity, this condo is a fantastic choice.

Last Listed By

Robbyn Adelsman

Keller Williams Realty License #12551 Listed on: 04/30/2025

Keller Williams Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2366372

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,052

Year Built

  • Built in 1977

Lot Details

  • End Unit
  • Cul-De-Sac
  • Street terminates at a dead end
  • West Facing Home

HOA Fees

  • $396 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Common or Shared Parking
  • Uncovered Parking

Home Design

  • Traditional Architecture
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 900 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Insulated Windows
  • Blinds
  • Territorial Views

Kitchen

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

Flooring

  • Carpet
  • Vinyl Plank

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Electric Dryer
  • Washer

Outdoor Features

  • Balcony

Location

  • Ground Level Unit
  • Property is near public transit

Schools

  • Sunnycrest Elementary School
  • Lakota Mid Sch Middle School
  • Decatur High School

Utilities

  • Baseboard Heating
  • Water Heater

Listing and Financial Details

Community Details

Overview

  • Association fees include common area maintenance, lawn service, trash
  • 42 Units
  • Kris O'neal Association
  • Secondary HOA Phone (253) 874-5250
  • Laurel Hill Condos
  • Federal Way Subdivision
  • Park Phone (253) 874-5250 | Manager Kris ONeal

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,052

Year Built

Built in 1977

Lot Details

0

HOA Fees

$396 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Year Built: 1977
  • Inclusions: Dishwasher(s),Dryer(s),Garbage Disposal,Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • MLS Status: Pending
  • Prev Status: Pending
  • Architectural Style: Traditional
  • Building Name: Laurel Hill
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 900
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 0
  • RemodeledUpdated: true
  • UnitFeatures: Balcony/Deck/Patio,End Unit,Ground Floor,Insulated Windows
  • DetachedDwellingSqFtFinished: 0
  • NWM_ExcludedItemsYN: false
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2366372?w=Consumer&agent=63122
  • Special Features: VirtualTour
  • Cumulative Days on Market: 34

Interior Features

  • Fireplaces: 1
  • Appliances: Dishwasher(s), Disposal, Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Full Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Vinyl Plank, Carpet
  • Interior Amenities: Cooking-Electric, Dryer-Electric, Fireplace, Washer, Water Heater
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Stories: 2
  • Bathrooms: 1
  • BathsFullMain: 1
  • FireplacesMain: 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
  • FloorNumberOfUnit: 1
  • AppliancesIncluded: Dishwasher(s),Dryer(s),Garbage Disposal,Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • StorageLocation: Garage
  • WindowCoverings: Blinds
  • NWM_NumberOfBathtubs: 1
  • NWM_NumberOfShowers: 1

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Cul-De-Sac, Dead End Street, Paved, Secluded, Sidewalk
  • View: Yes
  • Waterfront: No
  • Construction Type: Wood
  • Direction Faces: West
  • Exterior Features: Wood
  • Structure Type: Multi Family
  • BusLineNearby: true
  • ViewFrom: Unit

Garage/Parking

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

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • ApplianceHookups: Cooking-Electric,Dryer-Electric,Washer
  • PowerCompany: Puget Sound Energy
  • SewerCompany: Lakehaven
  • WaterCompany: Lakehaven
  • WaterHeaterLocation: Closet
  • WaterHeaterType: Electric
  • CableConnected: Comcast
  • InternetConnected: Xfinity

Condo/Co-op/Association

  • Park Manager Name: Kris ONeal
  • Park Manager Phone: 253-874-5250
  • Senior Community: No
  • Association Fee: 396
  • Association Fee Frequency: Monthly
  • Phone: 253-874-5250
  • Association: Yes
  • Pets Allowed: Cats OK, Dogs OK, See Remarks
  • Common Interest: Condominium
  • AssociationContactName: Kris O'Neal
  • CoOp: false

Fee Information

  • Association Fee Includes: Common Area Maintenance, Lawn Service, Trash
  • NWM_OtherDuesOrFeesYN: false

Schools

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

Lot Info

  • Parcel Number: 4215400170
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist

Green Features

  • Efficiency: Insulated Windows
  • Power Production Type: Electric, Wood

Rental Info

  • RentalCap: At or above Rental Cap (See Remarks)
  • ShortTermRentalYN: false

Tax Info

  • Year: 2024
  • Tax Annual Amount: 3052

Multi Family

  • Number Of Units In Community: 42
  • EnergySource: Electric,Wood
  • UnitsInBuildingTotal: 4

MLS Schools

  • Elementary School: Sunnycrest Elem

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $2,959 $252,000 $34,200 $217,800
2023 $2,546 $278,000 $24,600 $253,400
2022 $2,452 $257,000 $21,900 $235,100
2021 $2,413 $215,000 $19,100 $195,900
2020 $2,066 $199,000 $19,100 $179,900
2018 $1,962 $140,000 $16,400 $123,600
2017 $1,639 $136,000 $16,400 $119,600
2016 $1,504 $113,000 $16,400 $96,600
2015 $1,071 $99,000 $16,400 $82,600
2014 -- $71,000 $13,700 $57,300
2013 -- $50,000 $13,700 $36,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2025 05/05/25 Pending -- -- --
04/30/2025 04/30/25 For Sale $275,000 +41.0% $306 / Sq Ft
04/30/2018 04/30/18 Sold $195,000 0.0% $217 / Sq Ft
03/27/2018 03/27/18 Pending -- -- --
03/16/2018 03/16/18 For Sale $195,000 -- $217 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $195,000 Rainier Title
Warranty Deed $189,950 Commonwealth L
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $175,000 No Value Available
Previous Owner $37,990 Stand Alone Second
Previous Owner $151,960 No Value Available
Source: Public Records

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2366372

Northwest Multiple Listing Service (NWMLS)

APN: 421540-0170