NOT LISTED FOR SALE

2123 SW 318th Place Unit D2 Federal Way, WA 98023

Twin Lakes Neighborhood

Estimated Value: $218,552 - $265,000

1 Bed
1 Bath
600 Sq Ft
2.34 Acres

Last Sold October 04, 2018

Last sale price $163,500 $272 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $1,508/month

15 Days on Market

Highlights

  • Unit is on the top floor
  • Contemporary Architecture
  • Wall to Wall Carpet
  • 2.34 Acre Lot
  • Wood Siding

About This Home

As of October 2018

Easy Access to I-5 and WA-18 From Federal Way Condo Community! Second Floor Access Leads to Renovated Condo, Extended Hallway, Beautiful White Light Fixture over Bathroom Vanity, New kitchen Cabinets, Newer Appliances - Dishwasher, Stainless Steel Fridge, Washer & Dryer. Long Bar From Kitchen Overlooks Living Room w/ Natural Light from Window and Sliding Balcony Door! Balcony Overlooks Wooded Area for Secluded Look! Covered Parking, Extra Storage, & Only Minutes Walk from Main Bus Line!

Last Agent to Sell the Property

Jerome Watson

Icon Group License #116955 Listed on: 08/22/2018

Co-Listed By

Josiah Toole

Icon Group License #131144

Last Buyer's Agent

Christopher McCain

Icon Group License #121433

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1350197

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,193

Year Built

  • Built in 1977

Lot Details

  • 2.34

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 600 Sq Ft Home
  • 3-Story Property

Kitchen

  • Electric Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Electric Dryer
  • Washer

Parking

  • 1 Parking Space
  • Carport
  • Off-Street Parking

Additional Features

  • Street terminates at a dead end
  • Unit is on the top floor
  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number 4215400290

Community Details

Overview

  • Association fees include cable TV, common area maintenance, earthquake insurance, lawn service
  • 42 Units
  • Kris O'neil Association
  • Secondary HOA Phone (253) 874-5250
  • Laurel Hill Condos
  • Twin Lakes Subdivision
  • Park Phone (253) 874-5250 | Manager Kris O'Neil

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,193

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 31 - Condo (2 Levels)
  • Year Built: 1977
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,RangeOven,Refrigerator,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Contemporary
  • Building Name: Laurel Hill
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 600
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • NumberOfAccessStairs: 2
  • RemodeledUpdated: true
  • UnitFeatures: Top Floor
  • Special Features: None
  • Cumulative Days on Market: 1,240

Interior Features

  • Appliances: Dishwasher, Dryer, Disposal, Range/Oven, Refrigerator, Washer
  • Full Bathrooms: 1
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Entry Location: Main
  • Fireplace: No
  • Flooring: Laminate, Carpet
  • Interior Amenities: Wall to Wall Carpet, Laminate, Cooking-Electric, Dryer-Electric, Washer, Water Heater
  • Main Level Bedrooms: 1
  • Stories: 3
  • Bathrooms: 1
  • BathsFullMain: 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: 3
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Range/Oven,Refrigerator,Washer
  • StorageLocation: Deck

Exterior Features

  • Roof: Composition
  • Lot Features: Dead End Street, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Carport, Off Street
  • Total Parking Spaces: 1
  • ParkingSpaceNumbers: 45

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Heating Yn: Yes
  • Utilities: Electricity Available, Common Area Maintenance
  • HeatingCoolingType: Baseboard
  • ApplianceHookups: Cooking-Electric,Dryer-Electric,Washer
  • WaterHeaterLocation: Laundry Closet
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Park Manager Name: Kris O'Neil
  • Park Manager Phone: 253-874-5250
  • Senior Community: No
  • Association Fee: 217
  • Phone: 253-874-5250
  • Pets Allowed: Subj to Restrictions
  • Common Interest: Condominium
  • AssociationContactName: Kris O'Neil

Fee Information

  • Association Fee Includes: Cable TV, Common Area Maintenance, Earthquake Insurance, Lawn Service

Schools

  • Junior High Dist: Federal Way
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 4215400290
  • Lot Size Acres: 2.3404
  • Lot Size Sq Ft: 101949
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2017
  • Tax Annual Amount: 1193

Multi Family

  • Number Of Units In Community: 42
  • EnergySource: Electric
  • UnitsInBuildingTotal: 9

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2018
Closed on
Oct 3, 2018
Sold by
Osoric Jerau Y Capriles
Bought by
Wilson Karen Elizabeth
Seller's Agent
Jerome Watson
Icon Group
Buyer's Agent
Christopher McCain
Icon Group
List Price
$159,950
Sold Price
$163,500
Premium/Discount to List
$3,550
2.22%
Current Estimated Value
$238,184

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,684
Avg. Annual Appreciation
6.04%
Original Mortgage
$6,311
Interest Rate
4.5%

Purchase Details

Closed on
Feb 7, 2013
Sold by
Pennix Andre D
Bought by
Osorio Jerau Y Capriles

Purchase Details

Closed on
Jul 9, 2007
Sold by
Decatur Gardens Condominiums Llc
Bought by
Pennix Andre D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,950
Interest Rate
6.5%
Source: Public Records

Range of Values:

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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
Wilson Karen Elizabeth $163,500 Ticor Title
Osorio Jerau Y Capriles $40,000 First American
Pennix Andre D $149,950 Commonwealth L
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilson Karen Elizabeth $4,791
Open Wilson Karen Elizabeth $8,192
Closed Wilson Karen Elizabeth $6,311
Open Wilson Karen Elizabeth $160,538
Previous Owner Pennix Andre D $132,100
Previous Owner Pennix Andre D $139,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2018 10/04/18 Sold $163,500 +2.2% $273 / Sq Ft
09/06/2018 09/06/18 Pending -- -- --
08/22/2018 08/22/18 For Sale $159,950 -- $267 / 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 $2,439 $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

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1350197

Northwest Multiple Listing Service (NWMLS)

APN: 421540-0290