NOT LISTED FOR SALE

2123 SW 318th Place Unit F8 Federal Way, WA 98023

Twin Lakes Neighborhood

Estimated Value: $223,810 - $271,000

1 Bed
1 Bath
600 Sq Ft
$293/mo HOA Fee

Last Sold February 20, 2015

Last sale price $45,000 $75 Per Sq Ft

Est. 440% increase in value since last sale

Current estimated payment $1,833/month

34 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Central Air
  • Wood Siding

About This Home

As of February 2015

Townhome style, Priced to sell. Well lit and spacious. Excellent location. Near all amenities, close to schools, shopping center, airport and sound transit. Great opportunity to have a unit close to Downtown Seattle, Bellevue and other major cities. Sold as is.

Last Listed By

Kennedy Akinlosotu

Nations Realty, LLC License #11974 Listed on: 12/18/2014

Nations Realty, LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 725648

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $654

Year Built

  • Built in 1977

Lot Details

  • 2.34

HOA Fees

  • $293 Monthly HOA Fees

Parking

  • Carport

Home Design

  • Composition Roof
  • Wood Siding
  • Vinyl Construction Material
  • Wood Composite

Interior Spaces

  • 600 Sq Ft Home
  • 2-Story Property
  • Ceramic Tile Flooring

Kitchen

  • Electric Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Electric Dryer
  • Washer

Utilities

  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 4215400280

Community Details

Overview

  • Association fees include common area maintenance, garbage, lawn service, sewer, water
  • Dash Point Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$654

Year Built

Built in 1977

Lot Details

0

HOA Fees

$293 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 31 - Condo (2 Levels)
  • Year Built: 1977
  • Inclusions: Dishwasher
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 600
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • NumberOfAccessStairs: 1
  • Special Features: None
  • Cumulative Days on Market: 625

Interior Features

  • Appliances: Dishwasher
  • Full Bathrooms: 1
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Flooring: Ceramic Tile
  • Interior Amenities: Central A/C, Ceramic Tile, Cooking-Electric, Dryer-Electric, Washer
  • Bathrooms: 1
  • BathsFullMain: 0
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BedroomsLower: 0
  • AppliancesIncluded: Dishwasher

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Exterior Features: Metal/Vinyl, Wood, Wood Products
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: Yes
  • Parking Features: Carport

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling Y N: No
  • Heating Yn: No
  • ApplianceHookups: Cooking-Electric,Dryer-Electric,Washer

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 293
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Subj to Restrictions

Fee Information

  • Association Fee Includes: Common Area Maintenance, Garbage, Lawn Service, Sewer, Water

Schools

  • Junior High Dist: Federal Way

Lot Info

  • Parcel Number: 4215400280
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Public Record
  • MLSSquareFootageSource: Property Profile

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2014
  • Tax Annual Amount: 654

Multi Family

  • EnergySource: Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 8, 2019
Sold by
Yamauchi Mark M
Bought by
Daniels Denzel M
Total Days on Market
34
Current Estimated Value
$242,937

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,920
Outstanding Balance
$148,224
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$94,713

Purchase Details

Closed on
Jul 7, 2015
Sold by
Chu Adrian
Bought by
Yamauchi Mark M

Purchase Details

Listed on
Dec 18, 2014
Closed on
Feb 18, 2015
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Chu Adrian
Seller's Agent
Kennedy Akinlosotu
Nations Realty, LLC
Buyer's Agent
Adrian Chu
Specialty Real Estate Group
List Price
$64,900
Sold Price
$45,000
Premium/Discount to List
-$19,900
-30.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.90%

Purchase Details

Closed on
Sep 8, 2014
Sold by
Kvek Craig and Kvek Renee
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jul 10, 2007
Sold by
Decatur Gardens Condominiums Llc
Bought by
Kvek Craig and Kvek Renee L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,960
Interest Rate
6.12%
Mortgage Type
New Conventional

Range of Values:

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Average Value
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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
Daniels Denzel M $170,000 Ticor Title
Yamauchi Mark M $66,000 First American
Chu Adrian -- First American
Federal Home Loan Mortgage Corporation $63,189 None Available
Kvek Craig $149,950 Commonwealth L
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Daniels Denzel M $166,920
Closed Daniels Denzel M $9,218
Previous Owner Kvek Craig $119,960
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2015 02/20/15 Sold $45,000 +0.2% $75 / Sq Ft
01/23/2015 01/23/15 Pending -- -- --
01/21/2015 01/21/15 Price Changed $44,900 -30.8% $75 / Sq Ft
12/19/2014 12/19/14 For Sale $64,900 -- $108 / 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 -- $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: 725648

Northwest Multiple Listing Service (NWMLS)

APN: 421540-0280