Listed by Better Properties Real Estate, Bought with AgencyOne
$187,500
SOLD SEP 24, 2018

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

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

Recently Sold

$229 Per Sq Ft

5% Above List Price

10 Days on Market

About This Home

As of February 2024

Federal Way Townhome Condo! This 2 bedroom, 1 bath home is minutes away from shopping, I-5 and schools! Newly painted interior, wood burning fireplace, all appliances are included and more! The dining area opens to a nice patio area and the living room is spacious and bright. 2 nice size bedrooms and a full bath are on the upper floor. You will love living here!

Last Agent to Sell the Property

Mark Hulen

Better Properties Real Estate License #50093 Listed on: 08/15/2018

Better Properties Real Estate

Last Buyer's Agent

Huyen Hansche

AgencyOne License #82236

AgencyOne

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1334061

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,852

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
  • 1 Fireplace

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Vinyl

Laundry

  • Dryer
  • Washer

Community Details

  • Federal Way Community

Listing and Financial Details

  • Assessor Parcel Number 4215400180

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: Vinyl, Wall To Wall Carpet
  • Remodeled: Y
  • Remodeled Updated: Y
  • Appliance Hookups: Cooking-Electric, Dryer-Electric, Washer
  • Appliances That Stay: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Bedrooms: 2.00
  • Bathrooms: 1.00
  • Total Full Bathrooms: 1
  • Fireplace Type: Wood
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 820

Exterior Features

  • Exterior: Wood Products
  • Roof: Composition

Garage/Parking

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

Utilities

  • Heating And Cooling: Baseboard
  • Water Heater: Storage room-Electric

Condo/Co-op/Association

  • Numberof Units In Complex: 42
  • 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
  • Unit Features: Balcony/Deck/Patio, Insulated Windows

Schools

  • Elementary School: Buyer To Verify
  • Middle School: Buyer To Verify
  • High School: Buyer To Verify
  • School District: FED

Lot Info

  • Lot Details: Dead End Street, Paved Street
  • Parcel Number: 4215400180

Tax Info

  • Tax Amount: 1851

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2023
Closed on
Feb 23, 2024
Sold by
Shin Sarah E and Shin Matthew A
Bought by
Duffy Matthew A
Seller's Agent
Huyen Hansche
AgencyOne
List Price
$275,000
Sold Price
$260,000
Premium/Discount to List
-$15,000
-5.45%
Views
127
Current Estimated Value
$269,734

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,734
Avg. Annual Appreciation
2.76%
Original Mortgage
$247,000
Outstanding Balance
$244,057
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$25,677

Purchase Details

Listed on
Oct 24, 2023
Closed on
Feb 21, 2024
Sold by
Chey John and Dang Vi Thuy
Bought by
Duffy Matthew A
Seller's Agent
Huyen Hansche
AgencyOne
List Price
$275,000
Sold Price
$260,000
Premium/Discount to List
-$15,000
-5.45%
Views
127

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,000
Outstanding Balance
$244,057
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$25,677

Purchase Details

Listed on
Aug 15, 2018
Closed on
Sep 17, 2018
Sold by
Choi Jeong
Bought by
Chey John and Dang Vi Thuy
Seller's Agent
Mark Hulen
Better Properties Real Estate
Buyer's Agent
Huyen Hansche
AgencyOne
List Price
$179,000
Sold Price
$187,500
Premium/Discount to List
$8,500
4.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.21%
Original Mortgage
$7,275
Interest Rate
4.5%
Mortgage Type
Unknown

Purchase Details

Closed on
May 18, 2011
Sold by
Aurora Loan Services Llc
Bought by
Choi Jeong

Purchase Details

Closed on
Dec 17, 2010
Sold by
Kim Chun Pun
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
May 1, 2007
Sold by
Decatur Gardens Condominiums Llc
Bought by
Kim Chun Dun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,950
Interest Rate
6.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 28, 2006
Sold by
Decatur Gardens Condominiums Llc
Bought by
Tran Kien H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,960
Interest Rate
4.75%
Mortgage Type
New Conventional
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
Quit Claim Deed $313 Rainier Title
Warranty Deed $260,000 Rainier Title
Warranty Deed $187,500 Fidelity National Title
Warranty Deed $60,000 Pinnacle Nw
Trustee Deed $76,500 None Available
Warranty Deed $192,950 Commonwealth L
Warranty Deed $154,950 Commonwealth L
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $247,000 New Conventional
Previous Owner $7,275 Unknown
Previous Owner $181,875 New Conventional
Previous Owner $192,950 Purchase Money Mortgage
Previous Owner $123,960 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2024 02/28/24 Sold $260,000 -2.6% $317 / Sq Ft
01/23/2024 01/23/24 Pending -- -- --
01/10/2024 01/10/24 Price Changed $267,000 -2.9% $326 / Sq Ft
10/24/2023 10/24/23 For Sale $275,000 +46.7% $335 / Sq Ft
09/24/2018 09/24/18 Sold $187,500 +2.7% $229 / Sq Ft
08/25/2018 08/25/18 Pending -- -- --
08/25/2018 08/25/18 Price Changed $182,500 +2.0% $223 / Sq Ft
08/15/2018 08/15/18 For Sale $179,000 -- $218 / 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 $2,915 $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: NWM1334061

Northwest Multiple Listing Service (NWMLS)

APN: 421540-0180