NOT LISTED FOR SALE

Estimated Value: $283,000 - $302,000

2 Beds
2 Baths
856 Sq Ft
4.51 Acres

Last Sold October 29, 2021

Last sale price $290,000 $339 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,799/month

Highlights

  • 1 Fireplace
  • Dogs and Cats Allowed
  • Wood Siding

About This Home

As of October 2021

Attention investors and first-time homeowners! This 2 bed 1.5 bath condo is ready for you! It has brand new laminate hardwood throughout and has both an updated kitchen and updated baths. This is a rare opportunity to have a large fully fenced, ground-floor patio so you will no longer have to take Fido out on a leach several times a day. You'd even have space for a small container garden. The crown jewel of this complex will come to fruition in about 3 years when the link light rail station opens up connecting this condo home all the way up to Northgate within a short walk and a ride. What will the expansion do to its value?

Last Agent to Sell the Property

Rebecca Iverson

eXp Realty License #107351 Listed on: 09/27/2021

eXp Realty

Last Buyer's Agent

Bokyung Oh

Skyline Properties, Inc. License #107652

Skyline Properties, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1845334

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,064

Year Built

  • Built in 1980

Lot Details

  • 4.51

Parking

  • Carport

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3-Story Property
  • 1 Fireplace
  • Laminate Flooring

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Laundry

  • Dryer
  • Washer

Listing and Financial Details

  • Assessor Parcel Number 1541800620

Community Details

Overview

  • Federal Way Community

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,064

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 30 - Condo (1 Level)
  • Entrance Level: Main
  • Unit Floor Number: 1
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Laminate Hardwood
  • Remodeled: Y
  • Remodeled Updated: Y
  • Appliance Hookups: Cooking-Electric, Dryer-Electric, Washer
  • Appliances That Stay: Dishwasher, Dryer, Microwave, Range/Oven, Washer
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 1.50
  • Total Full Bathrooms: 1
  • Total Half Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Main
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Dining Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 856

Exterior Features

  • Exterior: Wood
  • Roof: Composition

Garage/Parking

  • Numberof Assigned Spaces: 1
  • Parking Type: Carport

Utilities

  • Heating And Cooling: Baseboard
  • Water Heater: electric

Condo/Co-op/Association

  • HOA Fees: 263
  • Community Name: Federal Way
  • Project: Chelsea Court Condos
  • Cats And Dogs: Cats Only, Dogs Only
  • Common Property Features: Club House, Hot Tub, Pool-Outdoor, Sauna
  • Home Owner Dues Included: Earthquake Ins., Garbage, Water/Sewer, Road Maintenance, Common Area Maintenance, Lawn Service
  • Unit Features: Ground Floor, Insulated Windows, Master Bath

Schools

  • School District: FED

Lot Info

  • Lot Details: Sidewalk
  • Parcel Number: 1541800620

Tax Info

  • Tax Amount: 2207

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2021
Closed on
Oct 29, 2021
Sold by
Roane Amanda M
Bought by
Jeon Sooseon
Seller's Agent
Rebecca Iverson
eXp Realty
Buyer's Agent
Bokyung Oh
Skyline Properties, Inc.
List Price
$270,000
Sold Price
$290,000
Premium/Discount to List
$20,000
7.41%
Current Estimated Value
$292,391

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,391
Avg. Annual Appreciation
0.06%
Original Mortgage
$203,000
Outstanding Balance
$187,511
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$103,122

Purchase Details

Listed on
Sep 27, 2021
Closed on
Oct 28, 2021
Sold by
Lee Kevin and Jeon Sooseon
Bought by
Jeon Sooseon
Seller's Agent
Rebecca Iverson
eXp Realty
Buyer's Agent
Bokyung Oh
Skyline Properties, Inc.
List Price
$270,000
Sold Price
$290,000
Premium/Discount to List
$20,000
7.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Outstanding Balance
$187,511
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$103,122

Purchase Details

Closed on
Jun 3, 2019
Sold by
Chelsea Court Condominium Association Of
Bought by
Central Puget Sound Regional Transit Aut

Purchase Details

Listed on
Nov 13, 2015
Closed on
Jan 5, 2016
Sold by
Connor Brandon
Bought by
Roane Amanda M
Seller's Agent
Jim Summers
James & Associates R.E. Inc.
Buyer's Agent
Rebecca Iverson
eXp Realty
List Price
$134,950
Sold Price
$137,000
Premium/Discount to List
$2,050
1.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.06%
Original Mortgage
$10,000
Interest Rate
3.92%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Aug 18, 2015
Sold by
Glenn Thomas E
Bought by
Connor Brandon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,580
Interest Rate
4.05%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 14, 2015
Sold by
Eastside Funding Llc
Bought by
Connor Brandon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,580
Interest Rate
4.05%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 30, 1999
Sold by
Glenn Patrick L and Glenn Terese M
Bought by
Glenn Thomas E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,472
Interest Rate
7.64%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 12, 1995
Sold by
Jelcick Thomas W and Jelcick Debra Ann Lindberg
Bought by
Glenn Patrick L and Glenn Terese M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,300
Interest Rate
8.77%
Source: Public Records

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
Jeon Sooseon $290,000 Stewart Title Company
Jeon Sooseon -- Stewart Title
Central Puget Sound Regional Transit Aut -- Accommodation
Roane Amanda M $137,000 Fidelity Natio
Connor Brandon $90,500 None Available
Connor Brandon -- None Available
Glenn Thomas E $65,000 Evergreen Title Company Inc
Glenn Patrick L $62,900 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jeon Sooseon $203,000
Previous Owner Roane Amanda M $10,000
Previous Owner Roane Amanda M $132,890
Previous Owner Connor Brandon $83,580
Previous Owner Glenn Thomas E $63,472
Previous Owner Glenn Patrick L $50,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2021 10/29/21 Sold $290,000 +7.4% $339 / Sq Ft
10/02/2021 10/02/21 Pending -- -- --
09/27/2021 09/27/21 For Sale $270,000 +97.1% $315 / Sq Ft
01/12/2016 01/12/16 Sold $137,000 +1.5% $160 / Sq Ft
11/21/2015 11/21/15 Pending -- -- --
11/13/2015 11/13/15 For Sale $134,950 -- $158 / 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 $3,064 $268,000 $63,200 $204,800
2023 $2,523 $301,000 $54,100 $246,900
2022 $2,321 $257,000 $50,500 $206,500
2021 $2,207 $205,000 $45,100 $159,900
2020 $2,109 $183,000 $45,100 $137,900
2018 $1,906 $135,000 $36,100 $98,900
2017 $1,444 $133,000 $32,500 $100,500
2016 $1,141 $100,000 $32,500 $67,500
2015 $1,015 $75,000 $32,500 $42,500
2014 -- $68,000 $32,500 $35,500
2013 -- $56,000 $32,500 $23,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1845334

Northwest Multiple Listing Service (NWMLS)

APN: 154180-0620