NOT LISTED FOR SALE

2123 SW 318th Place Unit 1B Federal Way, WA 98023

Twin Lakes Neighborhood

Estimated Value: $213,866 - $267,000

1 Bed
1 Bath
600 Sq Ft
2.34 Acres

Last Sold December 17, 2012

Last sale price $36,500 $61 Per Sq Ft

Est. 561% increase in value since last sale

Current estimated payment $1,525/month

1 Day on Market

About This Home

As of December 2012

Great opportunity to own this beautifully upgraded condo!

Last Agent to Sell the Property

Robert Street

Columbia Partners Real Estate License #103055 Listed on: 11/21/2012

Last Buyer's Agent

Mary Holden

Better Homes and Gardens RE PC License #11354

Better Homes and Gardens RE PC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM425610

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,312

Year Built

  • Built in 1977

Lot Details

  • 2.34

Home Design

  • Composition Roof
  • Vinyl Construction Material
  • Wood Composite

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Parking

  • Carport
  • Off-Street Parking

Additional Features

  • Territorial Views
  • Street terminates at a dead end

Community Details

  • Pets allowed on a case-by-case basis
  • Pet Restriction

Listing and Financial Details

  • Assessor Parcel Number 4215400220

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,312

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: Condo (1 Level)
  • Year Built: 1977
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliance Hookups: Cooking-Electric, Dryer-Electric
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 1.00
  • Bathrooms: 1.00
  • Total Full Bathrooms: 1
  • Estimated Sq Ft: 600

Exterior Features

  • Exterior: Metal/Vinyl, Wood Products
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Numberof Assigned Spaces: 1
  • Parking Type: Carport, Off Street

Utilities

  • Heating And Cooling: Baseboard

Condo/Co-op/Association

  • HOA Fees: 184
  • Cats And Dogs: Subj To Restrictions
  • Manager Contact Information: Pinnacle (206) 215-9700
  • Common Property Features: Club House, Outside Entry
  • Home Owner Dues Included: Garbage, Water/Sewer
  • Unit Features: Balcony/Deck/Patio

Schools

  • School District: FED

Lot Info

  • Lot Details: Dead End Street, Paved Street
  • Parcel Number: 4215400220

Rental Info

  • Monthly Rentif Rented: 700

Tax Info

  • Tax Amount: 1268

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2012
Closed on
Dec 12, 2012
Sold by
Preston Randy and Preston Gail
Bought by
Wutzke Investments Llc
Seller's Agent
Robert Street
Columbia Partners Real Estate
Buyer's Agent
Mary Holden
Better Homes and Gardens RE PC
List Price
$36,500
Sold Price
$36,500
Current Estimated Value
$241,217

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$204,717
Avg. Annual Appreciation
16.29%

Purchase Details

Closed on
Apr 22, 2011
Sold by
Cordova Rudy
Bought by
Preston Randy and Preston Gail

Purchase Details

Closed on
Jan 9, 2007
Sold by
Decatur Gardens Condominiums Llc
Bought by
Cordova Rudy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,960
Interest Rate
5.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Wutzke Investments Llc $36,500 First American
Preston Randy $30,100 None Available
Cordova Rudy $144,950 Commonwealth L
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cordova Rudy $115,960
Previous Owner Cordova Rudy $28,990
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2012 12/17/12 Sold $36,500 0.0% $61 / Sq Ft
11/23/2012 11/23/12 Pending -- -- --
11/21/2012 11/21/12 For Sale $36,500 -- $61 / 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 $2,312 $192,000 $22,800 $169,200
2023 $2,023 $218,000 $16,400 $201,600
2022 $1,947 $202,000 $14,500 $187,500
2021 $1,887 $169,000 $12,700 $156,300
2020 $1,600 $154,000 $12,700 $141,300
2018 $1,377 $104,000 $10,900 $93,100
2017 $1,179 $94,000 $10,900 $83,100
2016 $1,068 $80,000 $10,900 $69,100
2015 $773 $69,000 $10,900 $58,100
2014 -- $50,000 $9,100 $40,900
2013 -- $37,000 $9,100 $27,900
Source: Public Records

Agents Affiliated with this Home

  • Robert Street

    Seller's Agent in 2012

    Robert Street

    Columbia Partners Real Estate

    (425) 241-0975

    71 Total Sales

    Robert Street
    Section Image

  • M

    Buyer's Agent in 2012

    Mary Holden

    Better Homes and Gardens RE PC

    (206) 898-4559

    15 Total Sales

    Mary Holden
    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM425610

Northwest Multiple Listing Service (NWMLS)

APN: 421540-0220

Washington King County Federal Way 98023 Twin Lakes

2123 SW 318th Place Unit 1B, Federal Way, WA

This home is located at 2123 SW 318th Place Unit 1B, Federal Way, WA 98023 since 21 November 2012 and is currently estimated at $241,217, approximately $402 per square foot. This property was built in 1977. 2123 SW 318th Place Unit 1B is a home located in King County with nearby schools including Twin Lakes Elementary School, Lakota Middle School, and Decatur High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

Nearby Homes