NOT LISTED FOR SALE

2123 SW 318th Place Unit 2B Federal Way, WA 98023

Twin Lakes Neighborhood

Estimated Value: $213,967 - $269,000

1 Bed
1 Bath
600 Sq Ft
2.34 Acres

Last Sold March 19, 2013

Last sale price $40,128 $67 Per Sq Ft

Est. 511% increase in value since last sale

Current estimated payment $1,548/month

105 Days on Market

Highlights

  • Territorial View
  • Wood Siding
  • Wall to Wall Carpet

About This Home

As of March 2013

Fannie Mae HomePath Property ~ Value Priced. 1 Bedroom, 1 Bathroom. Clean and ready to move in! Top floor unit, covered parking, updated kitchen, bath and appliances! Purchase for as little as 3% down! This property is approved for HomePath Mortgage Financing and HomePath Renovation Mortgage Financing.

Last Agent to Sell the Property

Chad Beckwith

eXp Realty License #78091 Listed on: 12/03/2012

eXp Realty

Last Buyer's Agent

Vallery Frink

Keller Williams Realty PS License #27006

Keller Williams Realty PS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM428141

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,312

Year Built

  • Built in 1977

Lot Details

  • 2.34

Parking

  • Carport

Home Design

  • Composition Roof
  • Wood Siding

Flooring

  • Wall to Wall Carpet
  • Vinyl

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 4215400270

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)
  • Entrance Level: Main
  • Year Built: 1977
  • Special Features: 20
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Vinyl, Wall To Wall Carpet
  • Bedrooms: 1.00
  • Main Floor Bedrooms: 1
  • Bathrooms: 1.00
  • Total Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Master Bedroom: Main
  • Dining Room: Main
  • Kitchen: Main
  • Living Room: Main
  • Estimated Sq Ft: 600

Exterior Features

  • Exterior: Wood
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Parking Type: Carport

Utilities

  • Heating And Cooling: Baseboard

Condo/Co-op/Association

  • HOA Fees: 206
  • Cats And Dogs: Subj To Restrictions
  • Association Contact: Pinnacle Property (206) 215-9725
  • Common Property Features: Cable Tv, Club House, Outside Entry
  • Home Owner Dues Included: Garbage, Water/Sewer
  • Unit Features: Balcony/Deck/Patio, Top Floor

Schools

  • School District: FED

Lot Info

  • Lot Details: Dead End Street, Paved Street
  • Parcel Number: 4215400270

Tax Info

  • Tax Amount: 1295

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2012
Closed on
Mar 27, 2013
Sold by
Federal National Mortgage Association
Bought by
Teffs Patrick and Teffs Mary
Seller's Agent
Chad Beckwith
eXp Realty
Buyer's Agent
Vallery Frink
Keller Williams Realty PS
List Price
$40,128
Sold Price
$40,128
Current Estimated Value
$245,242

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,114
Avg. Annual Appreciation
15.79%

Purchase Details

Closed on
Aug 30, 2012
Sold by
Davenport Nicholas
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 6, 2007
Sold by
Decatur Gardens Condominiums Llc
Bought by
Davenport Nick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,952
Interest Rate
7.37%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Teffs Patrick $40,128 Servicelink
Federal National Mortgage Association $132,249 1St Am
Davenport Nick $159,950 Commonwealth L
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Davenport Nick $151,952
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2013 03/19/13 Sold $40,128 0.0% $67 / Sq Ft
02/17/2013 02/17/13 Pending -- -- --
12/03/2012 12/03/12 For Sale $40,128 -- $67 / 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 $220,000 $16,400 $203,600
2022 $1,947 $202,000 $14,500 $187,500
2021 $1,910 $169,000 $12,700 $156,300
2020 $1,600 $156,000 $12,700 $143,300
2018 $1,377 $104,000 $10,900 $93,100
2017 $1,193 $94,000 $10,900 $83,100
2016 $1,068 $81,000 $10,900 $70,100
2015 $787 $69,000 $10,900 $58,100
2014 -- $51,000 $9,100 $41,900
2013 -- $38,000 $9,100 $28,900
Source: Public Records

Agents Affiliated with this Home

  • Chad Beckwith

    Seller's Agent in 2013

    Chad Beckwith

    eXp Realty

    (206) 510-2799

    3 in this area

    65 Total Sales

    Chad Beckwith
    Section Image
  • Vallery Frink

    Buyer's Agent in 2013

    Vallery Frink

    Keller Williams Realty PS

    (206) 794-2159

    1 in this area

    44 Total Sales

    Vallery Frink
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM428141

Northwest Multiple Listing Service (NWMLS)

APN: 421540-0270

Washington King County Federal Way 98023 Twin Lakes

2123 SW 318th Place Unit 2B, Federal Way, WA

This home is located at 2123 SW 318th Place Unit 2B, Federal Way, WA 98023 since 03 December 2012 and is currently estimated at $245,242, approximately $408 per square foot. This property was built in 1977. 2123 SW 318th Place Unit 2B 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

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