NOT LISTED FOR SALE

29645 18th Ave S Unit B201 Federal Way, WA 98003

Steel Lake Neighborhood

Estimated Value: $282,000 - $324,000

3 Beds
2 Baths
1,114 Sq Ft
2.29 Acres

Last Sold December 23, 2021

Last sale price $262,500 $236 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,865/month

Highlights

  • Views of a Sound
  • 1 Fireplace
  • Dogs and Cats Allowed
  • Secluded Lot
  • Ceramic Tile Flooring

About This Home

As of December 2021

Great value & refreshed feel define this Federal Way home. Expansive 1,065 sq ft layout w/ 3 cozy bedrooms & 2 bathrooms. Updated in 2019: new interior doors, new paint, fresh plush carpet, crisp new lighting. Bright galley kitchen w/ chic new appliances – stove, fridge, dishwasher. Flow is great from kitchen to living room, w/ hardwood floors & wood burning fire; curl up with a good book & relax. In summer, soak up rays on the airy private balcony. Additional niceties: newer in-unit washer & dryer, storage, 2 covered parking spaces! Outstanding location for commuting: two bus stops, plus highways 99, 509 and I-5 nearby. Walk to lovely parks & schools. Great investment opportunity.

Last Agent to Sell the Property

Christopher Sudore

Coldwell Banker Bain License #95633 Listed on: 10/20/2021

Coldwell Banker Bain

Co-Listed By

Nicole Betz

Windermere R.E. Northeast, Inc License #21010330

Last Buyer's Agent

Mahlet Altaye

KW Greater Seattle License #95146

KW Greater Seattle

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1854742

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,982

Year Built

  • Built in 1990

Lot Details

  • 2.29

Parking

  • Carport

Property Views

  • Views of a Sound
  • Territorial
  • Limited

Home Design

  • Shake Roof
  • Vinyl Construction Material

Interior Spaces

  • 3-Story Property
  • 1 Fireplace

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Laundry

  • Dryer
  • Washer

Schools

  • Mark Twain Elementary School
  • Totem Jnr High Middle School

Listing and Financial Details

  • Assessor Parcel Number 3674400111

Community Details

Overview

  • 12 Units
  • Federal Way Community

Pet Policy

  • Pet Restriction
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,982

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 30 - Condo (1 Level)
  • Dwelling Type: ATTCH
  • Entrance Level: Main
  • Unit Floor Number: 2
  • Year Built: 1990
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 30

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, Refrigerator, Washer
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 3
  • Bathrooms: 2.00
  • Total Full Bathrooms: 2
  • Main Level Full Bathrooms: 2
  • Master Bedroom: Main
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 1114
  • Total Square Footage: 1114

Exterior Features

  • Exterior: Metal/Vinyl
  • Roof: Cedar Shake
  • View: Partial, Sound, Territorial

Garage/Parking

  • Numberof Assigned Spaces: 1
  • Parking Type: Carport
  • Parking Space Number: 20 UB

Utilities

  • Heating And Cooling: Forced Air, Wall

Condo/Co-op/Association

  • Numberof Units in Building: 12
  • Numberof Units In Complex: 60
  • HOA Fees: 260
  • Community Name: Federal Way
  • Project: The Overlook
  • Cats And Dogs: Cats Only, Dogs Only, Subj To Restrictions
  • Common Property Features: Fire Sprinklers, Outside Entry
  • Home Owner Dues Included: Garbage, O, P
  • Unit Features: Balcony/Deck/Patio, End Unit, Insulated Windows, Master Bath

Association/Amenities

  • Unit: B-201

Schools

  • Elementary School: Mark Twain Elem
  • Middle School: Totem Jnr High
  • High School: Federal Way Snr High
  • School District: FED
  • Junior High: Totem Jnr High

Lot Info

  • Lot Details: Secluded
  • Parcel Number: 3674400111

Rental Info

  • Monthly Rentif Rented: 1650

Tax Info

  • Year: 2020
  • Tax Amount: 2168

MLS Schools

  • Elementary School: Mark Twain Elem
  • Senior High: Federal Way Snr High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2021
Closed on
Dec 16, 2021
Sold by
Chandaka Venkata and Majji Madhuri
Bought by
Menker Kidane
Seller's Agent
Christopher Sudore
Coldwell Banker Bain
Buyer's Agent
Mahlet Altaye
KW Greater Seattle
List Price
$265,500
Sold Price
$262,500
Premium/Discount to List
-$3,000
-1.13%
Current Estimated Value
$303,279

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,779
Avg. Annual Appreciation
2.21%
Original Mortgage
$254,625
Outstanding Balance
$236,211
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$48,634

Purchase Details

Closed on
Oct 14, 2019
Sold by
Majji Madhuri
Bought by
Chandaka Venkata Ramanamurthy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,250
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 18, 2019
Sold by
Reynolds Randy and Countrywide Home Loans Inc
Bought by
Venkata Ramanamurthy Chandaka and Venkata Eastside

Purchase Details

Closed on
Jun 14, 2019
Sold by
Eastside Funding Llc
Bought by
Chandaka Venkata Ramanamurthy

Purchase Details

Closed on
Sep 7, 2005
Sold by
Overlook Condominium Associates Llc
Bought by
Reynolds Randy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,350
Interest Rate
5.23%
Mortgage Type
Stand Alone Second
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
Menker Kidane $262,500 Rainier Title
Chandaka Venkata Ramanamurthy -- Fidelity Natl Ttl Co Of Wa I
Venkata Ramanamurthy Chandaka $160,000 None Available
Chandaka Venkata Ramanamurthy -- None Available
Reynolds Randy $141,900 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Menker Kidane $254,625
Previous Owner Chandaka Venkata Ramanamurthy $155,250
Previous Owner Reynolds Randy $153,000
Previous Owner Reynolds Randy $28,350
Previous Owner Reynolds Randy $113,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2021 12/23/21 Sold $262,500 -1.1% $236 / Sq Ft
11/22/2021 11/22/21 Pending -- -- --
10/20/2021 10/20/21 For Sale $265,500 -- $238 / 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 $2,982 $265,000 $26,600 $238,400
2023 $2,560 $298,000 $18,300 $279,700
2022 $2,245 $262,000 $16,600 $245,400
2021 $2,256 $199,000 $15,000 $184,000
2020 $2,168 $188,000 $15,000 $173,000
2018 $1,826 $154,000 $13,300 $140,700
2017 $1,559 $128,000 $13,300 $114,700
2016 $1,277 $109,000 $11,600 $97,400
2015 $1,076 $85,000 $11,600 $73,400
2014 -- $73,000 $10,000 $63,000
2013 -- $56,000 $10,000 $46,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1854742

Northwest Multiple Listing Service (NWMLS)

APN: 645345-0170