NOT LISTED FOR SALE

2131 SW 318th Place Unit B Federal Way, WA 98023

Twin Lakes Neighborhood

Estimated Value: $262,594 - $287,000

2 Beds
1 Bath
820 Sq Ft
$336/Sq Ft Est. Value

Last Sold April 25, 2013

Last sale price $58,000 $71 Per Sq Ft

Est. 374% increase in value since last sale

Current estimated payment $1,759/month

176 Days on Market

Highlights

  • 1 Fireplace
  • Open Space
  • Ceramic Tile Flooring

About This Home

As of April 2013

Beautiful and updated townhome. Open and spacious floor plan includes a living room with a fireplace, light and bright kitchen with dining area, granite counter tops, stainless steel appliances and fresh paint, nice yard space, Includes one car garage and parking spot. Great buy!

Last Agent to Sell the Property

Shelley Propernick

John L. Scott, Inc License #5763 Listed on: 10/15/2012

John L. Scott, Inc

Last Buyer's Agent

James Willner

John L. Scott, Inc License #9609

John L. Scott, Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM415302

Northwest Multiple Listing Service (NWMLS)

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,880

Year Built

  • Built in 1977

Lot Details

  • Open Space
  • Street terminates at a dead end

Parking

  • Common or Shared Parking

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 2-Story Property
  • 1 Fireplace

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Laundry

  • Dryer
  • Washer

Listing and Financial Details

  • Assessor Parcel Number 4215400400

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,880

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: Townhouse
  • Architecture: Townhouse
  • Entrance Level: Main
  • Year Built: 1977
  • Special Features: 12
  • Property Sub Type: Townhouses

Interior Features

  • Floor Covering: Ceramic Tile, Vinyl, Wall To Wall Carpet
  • Remodeled: Y
  • Remodeled Updated: Y
  • Appliance Hookups: Cooking-Electric, Dryer-Electric, Washer
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Bedrooms: 2.00
  • Bathrooms: 1.00
  • Total Full Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 1
  • Dining Room: Main
  • Kitchen: Main
  • Living Room: Main
  • Estimated Sq Ft: 820

Exterior Features

  • Exterior: Brick, Wood Products
  • Roof: Composition

Garage/Parking

  • Numberof Assigned Spaces: 1
  • Parking Type: Common Garage
  • Parking Space Number: 8

Utilities

  • Heating And Cooling: Baseboard, Wall

Condo/Co-op/Association

  • HOA Fees: 282
  • Manager Contact Information: Meghan Finnade (206) 215-9732
  • Association Contact: Pinnacle (206) 215-9732
  • Common Property Features: Cable Tv, Club House, High Speed Int Avail
  • Home Owner Dues Included: Garbage, Water/Sewer
  • Unit Features: Balcony/Deck/Patio, End Unit, Insulated Windows, Yard

Schools

  • School District: FED

Lot Info

  • Lot Details: Curbs, Dead End Street, Open Space, Paved Street
  • Parcel Number: 4215400400

Tax Info

  • Tax Amount: 1527

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2012
Closed on
Apr 16, 2013
Sold by
Greenland Jason M and Greenland Christine M
Bought by
Liu Fengchuan and Cheng Bijiang
Seller's Agent
Shelley Propernick
John L. Scott, Inc
Buyer's Agent
James Willner
John L. Scott, Inc
List Price
$58,000
Sold Price
$58,000
Current Estimated Value
$275,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,149
Avg. Annual Appreciation
13.61%

Purchase Details

Closed on
Sep 2, 2009
Sold by
Simpson Justina J
Bought by
Greenland Jason M and Greenland Christine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,595
Interest Rate
5.2%

Purchase Details

Closed on
Aug 17, 2007
Sold by
Decatur Gardens Condominiums Llc
Bought by
Simpson Justina J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
6.73%

Purchase Details

Closed on
Aug 16, 2007
Sold by
Simpson Fayce L
Bought by
Simpson Justina J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
6.73%
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
Liu Fengchuan $58,000 Chicago Title
Greenland Jason M $129,950 Old Republic T
Simpson Justina J $190,000 Commonwealth L
Simpson Justina J -- Commonwealth L
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Greenland Jason M $127,595
Previous Owner Simpson Justina J $190,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2013 04/25/13 Sold $58,000 0.0% $71 / Sq Ft
04/10/2013 04/10/13 Pending -- -- --
10/15/2012 10/15/12 For Sale $58,000 -- $71 / 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 $2,880 $246,000 $31,200 $214,800
2023 $2,451 $267,000 $22,400 $244,600
2022 $2,364 $247,000 $19,900 $227,100
2021 $2,320 $207,000 $17,400 $189,600
2020 $1,985 $191,000 $17,400 $173,600
2018 $1,851 $131,000 $14,900 $116,100
2017 $1,625 $128,000 $14,900 $113,100
2016 $1,402 $112,000 $14,900 $97,100
2015 $1,014 $92,000 $14,900 $77,100
2014 -- $67,000 $12,400 $54,600
2013 -- $48,000 $12,400 $35,600
Source: Public Records

Agents Affiliated with this Home

  • Shelley Propernick

    Seller's Agent in 2013

    Shelley Propernick

    John L Scott

    (206) 920-0244

    66 Total Sales

    Shelley Propernick
    Section Image
  • James Willner

    Buyer's Agent in 2013

    James Willner

    John L Scott

    (206) 999-8112

    30 Total Sales

    James Willner
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM415302

Northwest Multiple Listing Service (NWMLS)

APN: 421540-0400

Washington King County Federal Way 98023 Twin Lakes

2131 SW 318th Place Unit B, Federal Way, WA

This home is located at 2131 SW 318th Place Unit B, Federal Way, WA 98023 since 15 October 2012 and is currently estimated at $275,149, approximately $335 per square foot. This property was built in 1977. 2131 SW 318th Place Unit B 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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