Listed by Designed Realty, Bought with eXp Realty
NOT LISTED FOR SALE

Estimated Value: $374,000 - $399,000

3 Beds
3 Baths
1,354 Sq Ft
$340/mo HOA Fee

Last Sold July 15, 2020

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

Est. 28% increase in value since last sale

Current estimated payment $2,807/month

8 Days on Market

Highlights

  • Gated Community
  • Territorial View
  • 1 Fireplace
  • Secluded Lot
  • Wood Flooring
  • Balcony

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 Agent to Sell the Property

Susan Short

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

Designed Realty

Co-Listed By

Robert Short

eXp Realty License #113357

Last Buyer's Agent

Jodie Weir

eXp Realty License #86209

eXp Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1610200

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,963

Year Built

  • Built in 1978

HOA Fees

  • $340 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,354 Sq Ft Home
  • 3-Story Property
  • 1 Fireplace
  • Blinds
  • French Doors
  • Territorial Views

Kitchen

  • Electric Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Water Heater
  • Cable TV Available

Additional Features

  • Balcony
  • Street terminates at a dead end

Listing and Financial Details

  • Assessor Parcel Number 1697300400

Community Details

Overview

  • Association fees include cable TV, common area maintenance, garbage, lawn service, road maintenance, snow removal, water/sewer
  • 155 Units
  • Targa Real Estate Managment Association
  • Secondary HOA Phone (253) 925-2242
  • Colonial Forest Condominums Condos
  • Central Federal Way Subdivision
  • Park Phone (253) 925-2242 | Manager Mark Pierovich

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,963

Year Built

Built in 1978

Lot Details

0

HOA Fees

$340 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 34 - Condo (3 Levels)
  • Year Built: 1978
  • Inclusions: Dishwasher
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Colonial Forest Condominums
  • Unit Levels: Three Or More
  • New Construction: No
  • CalculatedSquareFootage: 1354
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 1
  • RemodeledUpdated: true
  • UnitFeatures: Balcony/Deck/Patio,French Doors
  • Special Features: VirtualTour
  • Cumulative Days on Market: 38

Interior Features

  • Fireplaces: 1
  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Lower,Main
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Laminate, Vinyl
  • Interior Amenities: Ceramic Tile, Hardwood, Laminate, Cooking-Electric, Water Heater
  • Stories: 3
  • Bathrooms: 2
  • BathsFullMain: 0
  • FireplacesMain: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 1
  • BathsHalfGarage: 0
  • BathsHalfLower: 1
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 3
  • AppliancesIncluded: Dishwasher
  • WindowCoverings: Blinds

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Dead End Street, Secluded, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Metal/Vinyl
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Garage Yn: Yes
  • ParkingSpaceNumbers: 2

Utilities

  • Security: Security Gate, Security System
  • Heating Yn: Yes
  • Utilities: Electricity Available, Wood, Garbage, Snow Removal, Water/Sewer
  • ApplianceHookups: Cooking-Electric
  • WaterHeaterLocation: garage
  • WaterHeaterType: electric

Condo/Co-op/Association

  • Community Features: Cable TV, See Remarks
  • Park Manager Name: Mark Pierovich
  • Park Manager Phone: 253-925-2242
  • Association Fee: 340
  • Association Fee Frequency: Monthly
  • Phone: 253-925-2242
  • Pets Allowed: See Remarks
  • AssociationContactName: Targa Real Estate Managment
  • CoOp: false
  • CommonPropertyFeatures: Cable TV,Gated Entry,See Remarks

Fee Information

  • Association Fee Includes: Cable TV, Common Area Maintenance, Garbage, Lawn Service, Road Maintenance, Snow Removal, Water/Sewer

Schools

  • Junior High Dist: Federal Way

Lot Info

  • Parcel Number: 1697300400
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSSquareFootageSource: County Records

Green Features

  • Power Production Type: Electric, Wood

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2020
  • Tax Annual Amount: 2963

Multi Family

  • Number Of Units In Community: 155
  • UnitsInBuildingTotal: 6

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%
Current Estimated Value
$383,834

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,834
Avg. Annual Appreciation
5.32%
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
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 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

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1610200

Northwest Multiple Listing Service (NWMLS)

APN: 169730-0400