$175,000
SOLD MAY 5, 2021

32121 46th Place SW Unit O1 Federal Way, WA 98023

Twin Lakes Neighborhood
2 Beds
1 Bath
785 Sq Ft
11.63 Acres

Recently Sold

$223 Per Sq Ft

9% Above List Price

Highlights

  • Territorial View
  • Ceramic Tile Flooring
  • Wood Siding

About This Home

As of December 2023

This updated, ground floor 2 bed/1 bath unit in Twin Lakes is turnkey and ready for your personalization. Conventional floor plan, laminate hard surface floors throughout main living areas. Kitchen has pantry, solid wood cabinets, stone counters and stainless appliances. Lovely, updated bath. Spacious bedrooms with ample closet storage. Private, covered patio/outdoor space. All this in a wooded, parklike setting near conveniences. Great starter home or investment. No rental cap. Pets OK. Must see!

Last Agent to Sell the Property

Brad Davis

KW Greater Seattle License #78988 Listed on: 03/23/2021

KW Greater Seattle

Last Buyer's Agent

Micheal Smith

Windermere RE/Lake Tapps, Inc License #27078

Windermere RE/Lake Tapps, Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1746523

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,661

Year Built

  • Built in 1977

Home Design

  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 2-Story Property
  • Blinds
  • Territorial Views

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile

Parking

  • Uncovered Parking
  • Off-Street Parking

Listing and Financial Details

  • Assessor Parcel Number 5126001290

Community Details

Overview

  • 8 Units
  • Twin Lakes Community

Pet Policy

  • Pets allowed on a case-by-case basis
  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,661

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 30 - Condo (1 Level)
  • Entrance Level: Main
  • Unit Floor Number: 1
  • Year Built: 1977
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Ceramic Tile, Laminate, Wall To Wall Carpet
  • Remodeled: Y
  • Remodeled Updated: Y
  • Appliances That Stay: Dishwasher, Garbage Disposal, Range/Oven, Refrigerator
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 1.00
  • Total Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Master Bedroom: Main
  • Dining Room: Main
  • Kitchen: Main
  • Living Room: Main
  • Storage: Patio
  • Estimated Sq Ft: 785
  • Window Coverings: Blinds

Exterior Features

  • Construction Methods: Standard Frame
  • Exterior: Stucco, Wood
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Parking Type: Off Street, Uncovered

Utilities

  • Heating And Cooling: Baseboard
  • Water Heater: Closet-Electric

Condo/Co-op/Association

  • Numberof Units in Building: 8
  • Numberof Units In Complex: 172
  • HOA Fees: 372
  • Community Name: Twin Lakes
  • Project: Maplewood Condominium
  • Cats And Dogs: Subj To Restrictions
  • Manager Contact Information: Targa (253) 815-0393
  • Common Property Features: Athletic Court, Pool-Outdoor, Trails
  • Home Owner Dues Included: Garbage, Water/Sewer, Common Area Maintenance
  • Unit Features: Balcony/Deck/Patio, Ground Floor, Insulated Windows

Schools

  • Elementary School: Buyer To Verify
  • Middle School: Buyer To Verify
  • High School: Buyer To Verify
  • School District: FED

Lot Info

  • Lot Details: Curbs, Paved Street, Sidewalk
  • Parcel Number: 5126001290

Tax Info

  • Tax Amount: 1489

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2021
Closed on
Apr 29, 2021
Sold by
Nichols Judith R
Bought by
Evans Elizabeth Ann
Seller's Agent
Brad Davis
KW Greater Seattle
Buyer's Agent
Micheal Smith
Windermere RE/Lake Tapps, Inc
List Price
$159,950
Sold Price
$175,000
Premium/Discount to List
$15,050
9.41%
Current Estimated Value
$229,778

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,778
Avg. Annual Appreciation
7.04%
Original Mortgage
$164,000
Outstanding Balance
$150,195
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$85,711

Purchase Details

Closed on
Nov 28, 2007
Sold by
Joong Jang Jae
Bought by
Cho Sun Cha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,950
Interest Rate
6.3%

Purchase Details

Closed on
Nov 26, 2007
Sold by
Cho Sun Cha
Bought by
Nichols Judith R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,950
Interest Rate
6.3%

Purchase Details

Closed on
Jan 28, 2005
Sold by
Jang Jae Joong
Bought by
Cho Sun Cha

Purchase Details

Closed on
Mar 27, 2002
Sold by
Kim Joon Sik and Kim Yoon Kyung
Bought by
Jang Jae Joong and Cho Sun Cha

Purchase Details

Closed on
Nov 30, 1998
Sold by
Scott Edward A
Bought by
Kim Joon Sik and Kim Yoon Kyung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,850
Interest Rate
6.69%

Purchase Details

Closed on
Sep 5, 1997
Sold by
Lechner Kurt H and Lechner Lorene E
Bought by
Scott Edward Allen

Purchase Details

Closed on
Jul 7, 1994
Sold by
Avnet Jonathan M and Avnet Barbara B
Bought by
Lechner Kurt H and Lechner Lorene E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,700
Interest Rate
8.57%
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 Type Sale Price Title Company
Warranty Deed $175,000 Nextitle
Warranty Deed -- The Talon Grou
Warranty Deed $104,950 The Talon Grou
Warranty Deed -- None Available
Warranty Deed $53,500 Old Republic Title
Warranty Deed $34,500 --
Warranty Deed $33,300 First American Title Company
Warranty Deed $31,000 Old Republic Title Ltd
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $164,000 New Conventional
Previous Owner $104,950 No Value Available
Previous Owner $104,950 No Value Available
Previous Owner $25,850 No Value Available
Previous Owner $21,700 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2023 12/14/23 Sold $236,500 +2.8% $292 / Sq Ft
11/18/2023 11/18/23 Pending -- -- --
11/16/2023 11/16/23 Price Changed $230,000 -1.7% $284 / Sq Ft
10/14/2023 10/14/23 Price Changed $234,000 -2.1% $289 / Sq Ft
09/15/2023 09/15/23 Price Changed $239,000 -1.6% $295 / Sq Ft
08/29/2023 08/29/23 Price Changed $243,000 -2.8% $300 / Sq Ft
08/10/2023 08/10/23 For Sale $250,000 0.0% $309 / Sq Ft
08/07/2023 08/07/23 Pending -- -- --
08/04/2023 08/04/23 For Sale $250,000 +42.9% $309 / Sq Ft
05/05/2021 05/05/21 Sold $175,000 +9.4% $223 / Sq Ft
03/30/2021 03/30/21 Pending -- -- --
03/23/2021 03/23/21 For Sale $159,950 -- $204 / 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 $2,661 $227,000 $37,300 $189,700
2023 $1,881 $218,000 $26,800 $191,200
2022 $1,658 $190,000 $23,900 $166,100
2021 $1,489 $145,000 $20,900 $124,100
2020 $1,359 $122,000 $20,900 $101,100
2018 $1,111 $91,000 $17,900 $73,100
2017 $914 $77,000 $17,900 $59,100
2016 $909 $63,000 $17,900 $45,100
2015 $731 $60,000 $17,900 $42,100
2014 -- $49,000 $16,400 $32,600
2013 -- $35,000 $16,400 $18,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1746523

Northwest Multiple Listing Service (NWMLS)

APN: 512600-1290