Listed by KW Lake Washington So, Bought with Real Broker LLC
$265,000
SOLD JUN 24, 2025

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

Twin Lakes Neighborhood
2 Beds
1 Bath
900 Sq Ft
$396/mo HOA Fee

Recently Sold

$294 Per Sq Ft

4% Below List Price

Highlights

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

About This Home

As of June 2025

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 Agent to Sell the Property

Robbyn Adelsman

KW Lake Washington So License #12551 Listed on: 04/30/2025

Last Buyer's Agent

D'nika Emanuel

Real Broker LLC License #129784

Real Broker LLC

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
  • Property is near a bus stop

Schools

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

Utilities

  • Baseboard Heating
  • Heating System Mounted To A Wall or Window
  • 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: Sold
  • Prev Status: Closed
  • 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
  • NWM_ExcludedItemsYN: false
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2366372?w=Consumer&agent=63122
  • Special Features: VirtualTour

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, End Unit, Fireplace, Ground Floor, Insulated Windows, 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, Wall Unit(s)
  • 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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2025
Closed on
Jun 11, 2025
Sold by
Tann Demetra
Bought by
Walker Chrystal
Seller's Agent
Robbyn Adelsman
KW Lake Washington So
Buyer's Agent
D'nika Emanuel
Real Broker LLC
List Price
$275,000
Sold Price
$265,000
Premium/Discount to List
-$10,000
-3.64%
Views
27

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.67%
Original Mortgage
$54,500
Outstanding Balance
$54,500
Interest Rate
6.76%
Mortgage Type
FHA
Estimated Equity
$218,428

Purchase Details

Listed on
Mar 16, 2018
Closed on
Apr 25, 2018
Sold by
Bicknell Melissa A
Bought by
Tann Demetra
Seller's Agent
Lonnie Lee
John L. Scott Federal Way
Buyer's Agent
Robbyn Adelsman
KW Lake Washington So
List Price
$195,000
Sold Price
$195,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.38%
Original Mortgage
$175,000
Interest Rate
4.44%

Purchase Details

Closed on
Feb 5, 2007
Sold by
Decatur Gardens Condominiums Llc
Bought by
Bicknell Melissa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,990
Interest Rate
6.21%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $265,000 Stewart Title
Warranty Deed $195,000 Rainier Title
Warranty Deed $189,950 Commonwealth L
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $54,500 FHA
Open $162,000 New Conventional
Previous Owner $175,000 No Value Available
Previous Owner $37,990 Stand Alone Second
Previous Owner $151,960 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2025 06/24/25 Sold $265,000 -3.6% $294 / Sq Ft
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)

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 $2,959 $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

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2366372

Northwest Multiple Listing Service (NWMLS)

APN: 421540-0170