NOT LISTED FOR SALE

32412 2nd Place S Unit 5 Federal Way, WA 98003

West Campus - Fed Way Neighborhood

Estimated Value: $387,236 - $417,000

3 Beds
2 Baths
1,354 Sq Ft
18 Acres

Last Sold July 15, 2020

Last sale price $299,000 $221 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $2,595/month

8 Days on Market

Highlights

  • Secluded Lot
  • Wood Flooring
  • Garage
  • Territorial View
  • 1 Fireplace
  • Dogs and Cats Allowed

About This Home

As of July 2020

RARE FIND in the heart of Federal Way! Spacious 3 floors, 3 bedrooms, 3 bath condo in a gated community w/ well-maintained secluded grounds. Sidewalk entry level has living, dining, kitchen, island w/ polished concrete counter, large pantry, fireplace, half bath, & balcony. Upper level three bedrooms, full bath, laundry. Lower level garage entry and 2nd entry into a large hobby room and half bath. Personal touches and updates abound. Close to shopping, commuting. Very Healthy HOA. 2 pets allowed

Last Listed By

Susan Short

Designed Realty License #104211 Listed on: 06/03/2020

Designed Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1610200

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,391

Year Built

  • Built in 1978

Lot Details

  • Street terminates at a dead end

Home Design

  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 3-Story Property
  • 1 Fireplace
  • Blinds
  • Territorial Views
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Ceramic Tile
  • Vinyl

Parking

  • Garage
  • Off-Street Parking

Listing and Financial Details

  • Assessor Parcel Number 1697300400

Community Details

Overview

  • 6 Units
  • Central Federal Way Community

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,391

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 34 - Condo (3 Levels)
  • Entrance Level: Lower
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Ceramic Tile, Hardwood, Laminate, Vinyl
  • Remodeled: Y
  • Remodeled Updated: Y
  • Appliance Hookups: Cooking-Electric
  • Appliances That Stay: Dishwasher
  • Bedrooms: 3.00
  • Bathrooms: 2.00
  • Total Full Bathrooms: 1
  • Total Half Bathrooms: 2
  • Main Half Bathrooms: 1
  • Lower Level Half Bathrooms: 1
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Dining Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 1354
  • Window Coverings: Blinds

Exterior Features

  • Exterior: Metal/Vinyl
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Parking Type: Individual Garage, Off Street
  • Parking Space Number: 2

Utilities

  • Heating And Cooling: Wall
  • Water Heater: garage-electric

Condo/Co-op/Association

  • Numberof Units in Building: 6
  • Numberof Units In Complex: 155
  • HOA Fees: 340
  • Community Name: Central Federal Way
  • Project: Colonial Forest Condominums
  • Cats And Dogs: Cats Only, Dogs Only
  • Manager Contact Information: Mark Pierovich (253) 925-2242
  • Association Contact: Targa Real Estate Managment (253) 925-2242
  • Common Property Features: Cable Tv
  • Home Owner Dues Included: Cable Tv, Garbage, Water/Sewer, Snow Removal, Road Maintenance, Common Area Maintenance, Lawn Service
  • Unit Features: Balcony/Deck/Patio, French Doors

Schools

  • School District: FED

Lot Info

  • Lot Details: Dead End Street, Paved Street, Secluded, Sidewalk
  • Parcel Number: 1697300400

Tax Info

  • Tax Amount: 2963

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2020
Closed on
Jul 8, 2020
Sold by
Dreyer Joshua Loren and Dreyer Joleen
Bought by
Priel Ben and Priel Chanel
Seller's Agent
Susan Short
Designed Realty
Buyer's Agent
Jodie Weir
eXp Realty
List Price
$315,000
Sold Price
$299,000
Premium/Discount to List
-$16,000
-5.08%
Total Days on Market
8
Current Estimated Value
$402,059

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,059
Avg. Annual Appreciation
6.34%
Original Mortgage
$263,750
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 7, 2017
Sold by
Klemetson Sharon
Bought by
Dreyer Joshua Loren and Dreyer Joleen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,842
Interest Rate
4.87%
Mortgage Type
FHA

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
Priel Ben $299,000 Fatco
Dreyer Joshua Loren $201,500 Ticor National
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Priel Ben $263,750
Previous Owner Dreyer Joshua Loren $198,353
Previous Owner Dreyer Joshua Loren $197,842
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2020 07/15/20 Sold $299,000 -2.0% $221 / Sq Ft
06/11/2020 06/11/20 Pending -- -- --
06/10/2020 06/10/20 Price Changed $305,000 -3.2% $225 / Sq Ft
06/03/2020 06/03/20 For Sale $315,000 -- $233 / 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 $4,391 $387,000 $82,300 $304,700
2023 $3,476 $439,000 $56,600 $382,400
2022 $3,147 $348,000 $51,400 $296,600
2021 $3,099 $273,000 $46,300 $226,700
2020 $2,963 $253,000 $46,300 $206,700
2018 $2,744 $199,000 $41,100 $157,900
2017 $2,488 $189,000 $41,100 $147,900
2016 $2,302 $171,000 $36,000 $135,000
2015 $2,360 $151,000 $36,000 $115,000
2014 -- $159,000 $30,800 $128,200
2013 -- $120,000 $30,800 $89,200
Source: Public Records

Agents Affiliated with this Home

  • Susan Short

    Seller's Agent in 2020

    Susan Short

    Designed Realty

    (253) 691-2478

    1 in this area

    66 Total Sales

    Susan Short
    Section Image

  • R

    Seller Co-Listing Agent in 2020

    Robert Short

    Designed Realty

    1 in this area

    23 Total Sales

    Robert Short
    Section Image
  • Jodie Weir

    Buyer's Agent in 2020

    Jodie Weir

    eXp Realty

    (253) 347-2080

    1 in this area

    63 Total Sales

    Jodie Weir
    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1610200

Northwest Multiple Listing Service (NWMLS)

APN: 169730-0400

Washington King County Federal Way 98003 West Campus - Fed Way

32412 2nd Place S Unit 5, Federal Way, WA

Homes for Sale in Federal Way, WA

This home is located at 32412 2nd Place S Unit 5, Federal Way, WA 98003 since 03 June 2020 and is currently estimated at $402,059, approximately $296 per square foot. This property was built in 1978. 32412 2nd Place S Unit 5 is a home located in King County with nearby schools including Mirror Lake Elementary School, Sequoyah Middle School, and Todd Beamer High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. ©2025 NWMLS.

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