NOT LISTED FOR SALE

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

Twin Lakes Neighborhood

Estimated Value: $212,574 - $267,000

1 Bed
1 Bath
600 Sq Ft
2.34 Acres

Last Sold July 31, 2019

Last sale price $165,000 $275 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $1,528/month

80 Days on Market

About This Home

As of July 2019

The easy life awaits you in this sweet, updated condo with great access to Hwy 18 and I-5 and within walking distance of a Main Bus line! First floor access but, it’s elevated so you have a balcony that looks out onto a wooded area. Slab granite counter tops, crown molding, laminate flooring. Lots of natural light. Covered parking with extra storage. Everything that you need is right here!

Last Listed By

Aaron Byrd

KW Mountains to Sound Realty License #101179 Listed on: 05/14/2019

KW Mountains to Sound Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1453717

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 Composite

Interior Spaces

  • 2-Story Property
  • Blinds

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Laminate
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Community Details

  • 9 Units
  • Federal Way Community

Listing and Financial Details

  • Assessor Parcel Number 4215400230

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,312

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 30 - Condo (1 Level)
  • Entrance Level: Main
  • Unit Floor Number: 1
  • Year Built: 1977
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Ceramic Tile, Laminate
  • Remodeled: Y
  • Remodeled Updated: Y
  • Appliances That Stay: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Bedrooms: 1.00
  • Main Floor Bedrooms: 1
  • Bathrooms: 1.00
  • Total Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Dining Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Storage: Near Carport
  • Estimated Sq Ft: 600
  • Window Coverings: Blinds

Exterior Features

  • Exterior: Wood Products
  • Roof: Composition

Garage/Parking

  • Numberof Assigned Spaces: 1
  • Parking Type: Carport
  • Parking Space Number: 45

Utilities

  • Heating And Cooling: Baseboard
  • Water Heater: Closet-Electric

Condo/Co-op/Association

  • Numberof Units in Building: 9
  • Numberof Units In Complex: 42
  • HOA Fees: 225
  • 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, Lawn Service
  • Unit Features: Balcony/Deck/Patio, Ground Floor, 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: Paved Street, Sidewalk
  • Lot Sq Ft: 101949
  • Parcel Number: 4215400230

Tax Info

  • Tax Amount: 1169

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2019
Closed on
Jul 24, 2019
Sold by
Dean Christine M
Bought by
Roper Rikkita Rochelle
Seller's Agent
Aaron Byrd
KW Mountains to Sound Realty
Buyer's Agent
Angelina Bundy
Real Broker LLC
List Price
$165,000
Sold Price
$165,000
Total Days on Market
80
Current Estimated Value
$240,894

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,894
Avg. Annual Appreciation
6.75%
Original Mortgage
$5,775
Interest Rate
3.7%
Mortgage Type
Stand Alone Second

Purchase Details

Listed on
Apr 7, 2017
Closed on
May 24, 2017
Sold by
Hansen An Mari
Bought by
Dean Christine M
Seller's Agent
William Collins
RE/MAX Realty South
Buyer's Agent
Peggy Newby
Today's Real Estate Inc.
List Price
$109,000
Sold Price
$110,000
Premium/Discount to List
$1,000
0.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.54%
Original Mortgage
$99,000
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 20, 2014
Closed on
Oct 7, 2014
Sold by
Fannie Mae
Bought by
Hansen An Mari
Seller's Agent
Chad Beckwith
eXp Realty
Buyer's Agent
William Collins
RE/MAX Realty South
List Price
$57,800
Sold Price
$59,500
Premium/Discount to List
$1,700
2.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.21%
Original Mortgage
$45,000
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 9, 2014
Sold by
Scott Jonathan N and Scott Robyn M
Bought by
Scott Jonathan N and Scott Robyn M

Purchase Details

Closed on
Jul 4, 2014
Sold by
Scott Jonathan N and Scott Robyn M
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 21, 2007
Sold by
Dickinson Donna
Bought by
Scott Jonathan N and Scott Robyn M

Range of Values:

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Average Value
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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
Roper Rikkita Rochelle $165,000 Chicago Title
Dean Christine M $110,000 Wfg National T
Hansen An Mari -- Old Republic T
Scott Jonathan N -- None Available
Federal National Mortgage Association -- None Available
Scott Jonathan N -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roper Rikkita Rochelle $37,000
Closed Roper Rikkita Rochelle $5,775
Open Roper Rikkita Rochelle $162,011
Previous Owner Dean Christine M $99,000
Previous Owner Hansen An Mari $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2019 07/31/19 Sold $165,000 +6.5% $275 / Sq Ft
06/18/2019 06/18/19 Pending -- -- --
06/05/2019 06/05/19 Price Changed $155,000 -6.1% $258 / Sq Ft
03/30/2019 03/30/19 For Sale $165,000 +50.0% $275 / Sq Ft
05/30/2017 05/30/17 Sold $110,000 +0.9% $183 / Sq Ft
04/10/2017 04/10/17 Pending -- -- --
04/07/2017 04/07/17 For Sale $109,000 +83.2% $182 / Sq Ft
10/10/2014 10/10/14 Sold $59,500 +2.9% $99 / Sq Ft
09/03/2014 09/03/14 Pending -- -- --
08/20/2014 08/20/14 For Sale $57,800 -- $96 / 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 $3 $94,000 $10,900 $83,100
2016 $3 $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

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1453717

Northwest Multiple Listing Service (NWMLS)

APN: 421540-0230