NOT LISTED FOR SALE

31824 32nd Place SW Unit 62D Federal Way, WA 98023

Twin Lakes Neighborhood

Estimated Value: $443,000 - $485,000

3 Beds
2.5 Baths
1,735 Sq Ft
$512/mo HOA Fee

Last Sold December 29, 2023

Last sale price $439,000 $253 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,466/month

36 Days on Market

Highlights

  • RV Access or Parking
  • Clubhouse
  • Secluded Lot
  • RV Parking in Community
  • Contemporary Architecture
  • Territorial View

About This Home

As of December 2023

Amazing completely Remodeled 3 bdrm 2.25 bath Townhome in highly desired Quail Run 1 Condo Community in Twin Lakes. Updates include new: Stainless Steel Appliances, Granite Countertops, White Self Closing Cabinets w/Recessed Lighting, Carpet & Engineered Tile Floorings, Paint, Window Dressings, Complete Bathrooms, even the Sheetrock is new ++; Has all been done! Gas Fireplace + TV too! Huge Primary Bedroom down w/large walk-in closet & stylish ¾ Bath. Upstairs designed as another large Primary Bedroom w/Walk in Closet. Outside views everywhere w/Large Windows letting in light! Community amenities include Outdoor Pool & Athletic Courts, Club House w/Hot Tub & Sauna, Game Room & Kitchenette. Rare property like buying new, Amazing Opportunity!

Last Listed By

Randall Adams

John L. Scott Enumclaw License #96477 Listed on: 10/05/2023

John L. Scott Enumclaw

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2167604

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $421

Year Built

  • Built in 1975

Lot Details

  • Cul-De-Sac
  • West Facing Home

HOA Fees

  • $512 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Off-Street Parking
  • RV Access or Parking

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 1,735 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Vaulted Ceiling
  • Self Contained Fireplace Unit Or Insert
  • Gas Fireplace
  • Insulated Windows
  • Territorial Views

Kitchen

  • Electric Oven or Range
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • Walk-In Closet

Laundry

  • Electric Dryer
  • Washer

Outdoor Features

  • Balcony
  • Patio

Location

  • Ground Level Unit

Schools

  • Twin Lakes Elementary School
  • Lakota Mid Sch Middle School
  • Decatur High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Water Heater

Listing and Financial Details

Community Details

Overview

  • Association fees include common area maintenance, lawn service, road maintenance, snow removal
  • 65 Units
  • Mary Burke Association
  • Secondary HOA Phone (253) 852-8195
  • Quail Run 1 Condos
  • Twin Lakes Subdivision
  • Park Phone (206) 407-3017 | Manager Kerri DeArmas
  • RV Parking in Community

Amenities

  • Sauna
  • Clubhouse
  • Game Room
  • Recreation Room

Recreation

  • Sport Court
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$421

Year Built

Built in 1975

Lot Details

0

HOA Fees

$512 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 31 - Condo (2 Levels)
  • Year Built: 1975
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,Microwave,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Contemporary
  • Building Name: Quail Run 1
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 1735
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: true
  • DwellingType: Attached
  • NumberOfAccessStairs: 1
  • RemodeledUpdated: true
  • UnitFeatures: Balcony/Deck/Patio,Central Vacuum,Ground Floor,Insulated Windows,Primary Bath,Vaulted Ceilings,Walk-in Closet
  • NWM_ExcludedItemsYN: false
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2167604?w=Consumer&agent=68501
  • Special Features: None
  • Cumulative Days on Market: 528

Interior Features

  • Fireplaces: 1
  • Appliances: Dishwasher, Dryer, Disposal, Microwave, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Laminate, Carpet
  • Interior Amenities: Wall to Wall Carpet, Laminate Tile, Balcony/Deck/Patio, Cooking-Electric, Dryer-Electric, Washer, Fireplace, Water Heater
  • Main Level Bedrooms: 1
  • Stories: 2
  • Bathrooms: 2.25
  • BathsFullMain: 0
  • FireplacesMain: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 1
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 2
  • FloorNumberOfUnit: 1
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Microwave,Refrigerator,Stove/Range,Washer
  • StorageLocation: Garage
  • WindowCoverings: yes
  • NWM_NumberOfBathtubs: 1
  • NWM_NumberOfShowers: 2

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Cul-De-Sac, Curbs, Paved, Secluded
  • View: Yes
  • Waterfront: No
  • Direction Faces: West
  • Exterior Features: Wood, Wood Products
  • Structure Type: Multi Family
  • ViewFrom: See Remarks

Garage/Parking

  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: RV Parking, Individual Garage, Off Street
  • Total Parking Spaces: 2
  • ParkingSpaceNumbers: Garage

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: Central A/C, Forced Air, Heat Pump
  • Cooling Y N: Yes
  • Heating: Forced Air, Heat Pump, Insert
  • Heating Yn: Yes
  • ApplianceHookups: Cooking-Electric,Dryer-Electric,Washer
  • WaterHeaterLocation: garage
  • WaterHeaterType: electric

Condo/Co-op/Association

  • Community Features: Athletic Court, Club House, Game/Rec Rm, Hot Tub, Pool, RV Parking, Sauna, See Remarks
  • Park Manager Name: Kerri DeArmas
  • Park Manager Phone: 206-407-3017
  • Senior Community: No
  • Association Fee: 512
  • Association Fee Frequency: Monthly
  • Phone: 253-852-8195
  • Association: Yes
  • Pets Allowed: Yes
  • AssociationContactName: Mary Burke
  • CoOp: false
  • CommonPropertyFeatures: Athletic Court,Club Houses,Game/Rec Rm,Hot Tub,Pool-Outdoor,RV Parking,Sauna,See Remarks

Fee Information

  • Association Fee Includes: Common Area Maintenance, Lawn Service, Road Maintenance, Snow Removal
  • NWM_OtherDuesOrFeesYN: true

Schools

  • Junior High Dist: Federal Way
  • High School: Decatur High
  • Middle Or Junior School: Lakota Mid Sch

Lot Info

  • Parcel Number: 6980000620
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSLotSizeSource: Public Records
  • MLSSquareFootageSource: Public Records

Green Features

  • Efficiency: Insulated Windows
  • Power Production Type: Electric, Natural Gas

Rental Info

  • RentalCap: No Rental Cap
  • ShortTermRentalYN: false

Tax Info

  • Year: 2023
  • Tax Annual Amount: 421

Multi Family

  • Number Of Units In Community: 65
  • EnergySource: Electric,Natural Gas
  • UnitsInBuildingTotal: 8

MLS Schools

  • Elementary School: Twin Lakes Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2023
Closed on
Dec 22, 2023
Sold by
Hayman Christine Lynn
Bought by
Sounyo Fakuma Benjamin
Seller's Agent
Randall Adams
John L. Scott Enumclaw
Buyer's Agent
Alex Dimov
John L. Scott, Inc
List Price
$449,950
Sold Price
$439,000
Premium/Discount to List
-$10,950
-2.43%
Total Days on Market
36
Views
100
Current Estimated Value
$462,095

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,095
Avg. Annual Appreciation
5.50%
Original Mortgage
$424,297
Interest Rate
7.44%
Mortgage Type
Construction

Purchase Details

Listed on
Oct 5, 2023
Closed on
Dec 20, 2023
Sold by
Sounyo Adebukola Abidemi
Bought by
Sounyo Fakuma Benjamin
Seller's Agent
Randall Adams
John L. Scott Enumclaw
Buyer's Agent
Alex Dimov
John L. Scott, Inc
List Price
$449,950
Sold Price
$439,000
Premium/Discount to List
-$10,950
-2.43%
Views
100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,297
Interest Rate
7.44%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 5, 2011
Sold by
Bainton Richard
Bought by
Templeman Ruby

Purchase Details

Closed on
Aug 8, 2007
Sold by
Boydston Larry R
Bought by
Bainton Richard

Purchase Details

Closed on
Jun 5, 1998
Sold by
Yoshiyama Linda K and Weese David F
Bought by
Bainton Richard and Boydston Larry R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
9.75%

Purchase Details

Closed on
Dec 23, 1993
Sold by
Yoshiyama Linda K and Weese David F
Bought by
Weese David F and Yoshiyama Linda K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,500
Interest Rate
7.09%

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
Sounyo Fakuma Benjamin $439,000 Old Republic Title
Sounyo Fakuma Benjamin $313 Old Republic Title
Templeman Ruby $173,000 Northwest Title
Bainton Richard -- None Available
Bainton Richard $120,000 Pacific Northwest Title Co
Weese David F -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sounyo Fakuma Benjamin $426,497
Closed Sounyo Fakuma Benjamin $424,297
Previous Owner Bainton Richard $177,600
Previous Owner Bainton Richard $44,400
Previous Owner Bainton Richard $96,000
Previous Owner Weese David F $63,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2023 12/29/23 Sold $439,000 -2.4% $253 / Sq Ft
11/10/2023 11/10/23 Pending -- -- --
10/05/2023 10/05/23 For Sale $449,950 -- $259 / 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 $4,561 $388,000 $42,700 $345,300
2023 $4,357 $411,000 $31,600 $379,400
2022 $515 $408,000 $27,500 $380,500
2021 $551 $316,000 $27,500 $288,500
2020 $551 $215,000 $16,500 $198,500
2018 $586 $215,000 $16,500 $198,500
2017 $608 $242,000 $22,000 $220,000
2016 $529 $210,000 $22,000 $188,000
2015 $567 $180,000 $22,000 $158,000
2014 -- $190,000 $22,000 $168,000
2013 -- $141,000 $16,500 $124,500
Source: Public Records

Agents Affiliated with this Home

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2167604

Northwest Multiple Listing Service (NWMLS)

APN: 698000-0620