NOT LISTED FOR SALE

32140 45th Place SW Unit E7 Federal Way, WA 98023

Twin Lakes Neighborhood

Estimated Value: $209,000 - $249,000

2 Beds
1 Bath
809 Sq Ft
12 Acres

Last Sold May 12, 2021

Last sale price $175,000 $216 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $1,540/month

4 Days on Market

Highlights

  • Secluded Lot
  • Wood Siding
  • Wall to Wall Carpet

About This Home

As of May 2021

Maybe it is your first home or your first investment property, but this cute and ready top floor 2 bed 1 bath condo in Maplewood is ready and available. Kitchen and bath have been updated as well as all the flooring. Both bedrooms feature large windows and one has a large walk in closet. The living area is tucked in and has access to a sliding glass door that leads to a private deck. Hear squirrels run up trees and take in the greenery. Nice big dining space off kitchen. Good location for commuting and shopping in a park like setting. Professional on-site rental manager, and the complex has a pool and sport court.

Last Listed By

Haaken Bruce Johnson

Windermere RE West Campus Inc License #37081 Listed on: 03/26/2021

Windermere RE West Campus Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1742766

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,660

Year Built

  • Built in 1977

Lot Details

  • 12

Home Design

  • Flat Roof Shape
  • Bitumen Roof
  • Wood Siding
  • Stucco
  • Wood Composite

Interior Spaces

  • 2-Story Property
  • Blinds

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • Uncovered Parking
  • Off-Street Parking

Listing and Financial Details

  • Assessor Parcel Number 5126000430

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

$2,660

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 30 - Condo (1 Level)
  • Unit Floor Number: 2
  • Year Built: 1977
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Vinyl, Wall To Wall Carpet
  • Remodeled: Y
  • Remodeled Updated: Y
  • Appliance Hookups: Cooking-Electric
  • 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
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 809
  • Window Coverings: Blinds

Exterior Features

  • Exterior: Stucco, Wood, Wood Products
  • Roof: Flat, Torch Down

Garage/Parking

  • Parking Type: Off Street, Uncovered

Utilities

  • Heating And Cooling: Baseboard
  • Water Heater: electric

Condo/Co-op/Association

  • Numberof Units in Building: 8
  • Numberof Units In Complex: 172
  • HOA Fees: 324
  • Community Name: Twin Lakes
  • Project: Maplewood
  • Cats And Dogs: Subj To Restrictions
  • Manager Contact Information: Michelle Brehem (253) 838-3969
  • Association Contact: Michelle (253) 838-3969
  • Common Property Features: Athletic Court, Cable Tv, High Speed Int Avail, Lobby Entrance, Pool-Outdoor, Trails
  • Home Owner Dues Included: Cable Tv, Garbage, Water/Sewer, Road Maintenance, Common Area Maintenance, Lawn Service
  • Unit Features: Balcony/Deck/Patio, Insulated Windows

Schools

  • Elementary School: Twin Lakes Elem
  • Middle School: Lakota Mid Sch
  • High School: Decatur High
  • School District: FED

Lot Info

  • Lot Details: Paved Street, Secluded, Sidewalk
  • Parcel Number: 5126000430

Tax Info

  • Tax Amount: 1359

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2021
Closed on
May 8, 2021
Sold by
Knight Christopher D and Schley Knight Lori
Bought by
Gale Lanya
Seller's Agent
Haaken Bruce Johnson
Windermere RE West Campus Inc
Buyer's Agent
Ashley Leinneweber
John L. Scott Belfair
List Price
$164,950
Sold Price
$175,000
Premium/Discount to List
$10,050
6.09%
Total Days on Market
4
Current Estimated Value
$235,622

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,622
Avg. Annual Appreciation
9.09%
Original Mortgage
$169,000
Outstanding Balance
$155,734
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$92,999

Purchase Details

Listed on
Sep 27, 2018
Closed on
Dec 6, 2018
Sold by
Us Bank Na
Bought by
Knight Christopher D and Schley Knight Lori A
Seller's Agent
Matt Hagwood
Heaton Dainard, LLC
Buyer's Agent
Tamara Atchison
Better Properties NW
List Price
$125,000
Sold Price
$118,000
Premium/Discount to List
-$7,000
-5.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.85%

Purchase Details

Closed on
Aug 21, 2018
Sold by
Griffin James R
Bought by
U S Bank National Association and The Rmac Trust Series 2016 Ctt

Purchase Details

Closed on
Jul 2, 2007
Sold by
Wagers Ronald L
Bought by
Griffin James R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,000
Interest Rate
6.66%

Purchase Details

Closed on
Oct 18, 1994
Sold by
Norco Construction Inc
Bought by
Wagers Ronald L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,769
Interest Rate
8.86%
Mortgage Type
Seller Take Back

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
Gale Lanya $175,000 Wfg Natl Ttl Co Of Wa Llc
Knight Christopher D $118,000 None Available
U S Bank National Association $92,201 None Available
Griffin James R -- None Available
Wagers Ronald L -- Transamerica Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gale Lanya $169,000
Previous Owner Griffin James R $93,000
Previous Owner Wagers Ronald L $32,769
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2021 05/12/21 Sold $175,000 +6.1% $216 / Sq Ft
03/30/2021 03/30/21 Pending -- -- --
03/26/2021 03/26/21 For Sale $164,950 +39.8% $204 / Sq Ft
12/19/2018 12/19/18 Sold $118,000 -5.6% $146 / Sq Ft
11/23/2018 11/23/18 Pending -- -- --
10/30/2018 10/30/18 For Sale $125,000 0.0% $155 / Sq Ft
10/12/2018 10/12/18 Pending -- -- --
09/27/2018 09/27/18 For Sale $125,000 -- $155 / 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 $2,660 $226,000 $38,600 $187,400
2023 $1,881 $220,000 $27,800 $192,200
2022 $1,658 $190,000 $24,700 $165,300
2021 $1,501 $145,000 $21,600 $123,400
2020 $1,359 $123,000 $21,600 $101,400
2018 $118 $92,000 $18,500 $73,500
2017 $111 $77,000 $18,500 $58,500
2016 $69 $65,000 $18,500 $46,500
2015 $3 $59,000 $18,500 $40,500
2014 -- $49,000 $16,900 $32,100
2013 -- $35,000 $16,900 $18,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1742766

Northwest Multiple Listing Service (NWMLS)

APN: 512600-0430