NOT LISTED FOR SALE

32420 2nd Place S Federal Way, WA 98003

West Campus - Fed Way Neighborhood

Estimated Value: $328,000 - $387,723

2 Beds
2 Baths
1,028 Sq Ft
$429/mo HOA Fee

Last Sold April 28, 2023

Last sale price $395,000 $384 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $2,774/month

4 Days on Market

Highlights

  • Gated Community
  • Ground Level Unit
  • Walk-In Closet
  • End Unit
  • Private Yard
  • 2 Car Garage

About This Home

As of April 2023

THIS IS IT. No. 1 complex in Federal Way, Colonial Forest. The unit is located on the quiet east side. New: Kitchen cabinets, quartz countertop, sink, all faucets, Cadet heaters, vanities, and lights. The garage is cavernous and plumbed for a half bath. Storage galore. Guest street parking as well as beaucoup parking on the backside. Resort-type grounds with normal streets, sidewalks, and lots of grass. Professionally maintained and managed. Close to all Federal Way amenities. Wrap around deck too. Excellent access to schools, shopping, Redondo Beach, and the Aquatic Center. HOA dues include cable TV, water, sewer, outside-building insurance, and full-time maintenance personnel.

Last Agent to Sell the Property

Jess Salazar

Benchmark Realty LLC License #13523 Listed on: 04/14/2023

Benchmark Realty LLC

Last Buyer's Agent

Philip Georgas

Assist2Sell Home Realty License #18907

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2055290

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,058

Year Built

  • Built in 1978

Lot Details

  • End Unit
  • Northwest Facing Home
  • Private Yard
  • Yard

HOA Fees

  • $429 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Shake Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,028 Sq Ft Home
  • 3-Story Property
  • Self Contained Fireplace Unit Or Insert
  • Gas Fireplace
  • Insulated Windows
  • Laminate Flooring
  • Electric Oven or Range

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Electric Dryer
  • Washer

Location

  • Ground Level Unit

Utilities

  • Heating System Mounted To A Wall or Window
  • Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Down Payment Assistance Available
  • Assessor Parcel Number 1697300580

Community Details

Overview

  • Association fees include cable TV, lawn service, road maintenance, sewer, water
  • 152 Units
  • Mark Association
  • Secondary HOA Phone (253) 754-6049
  • Colonial Forest Condos
  • Federal Way Subdivision
  • Park Phone (253) 754-6049 | Manager Targa

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,058

Year Built

Built in 1978

Lot Details

0

HOA Fees

$429 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 34 - Condo (3 Levels)
  • Year Built: 1978
  • Inclusions: LeasedEquipment
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Colonial Forest
  • Unit Levels: Three Or More
  • New Construction: No
  • CalculatedSquareFootage: 1028
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 5
  • RemodeledUpdated: true
  • UnitFeatures: End Unit,Ground Floor,Insulated Windows,Primary Bath,Walk-in Closet,Yard
  • Special Features: None
  • Cumulative Days on Market: 777

Interior Features

  • Fireplaces: 1
  • Full Bathrooms: 2
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Laminate
  • Interior Amenities: Laminate, Yard, Cooking-Electric, Dryer-Electric, Washer, Water Heater
  • Main Level Bedrooms: 2
  • Stories: 3
  • Bathrooms: 2
  • BathsFullMain: 2
  • FireplacesMain: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • FloorNumberOfUnit: 3
  • WindowCoverings: None

Exterior Features

  • Roof: Cedar Shake
  • Lot Features: Alley, Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Direction Faces: Northwest
  • Exterior Features: Metal/Vinyl
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Individual Garage
  • Total Parking Spaces: 2

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: Insert
  • Cooling Y N: Yes
  • Heating: Wall Unit(s)
  • Heating Yn: Yes
  • ApplianceHookups: Cooking-Electric,Dryer-Electric,Washer
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Community Features: Cable TV, Gated, High Speed Int Avail, Outside Entry, Gated
  • Park Manager Name: Targa
  • Park Manager Phone: 253-754-6049
  • Senior Community: No
  • Association Fee: 429
  • Association Fee Frequency: Monthly
  • Phone: 253-754-6049
  • Association: Yes
  • Pets Allowed: Subj to Restrictions
  • AssociationContactName: Mark
  • CoOp: false
  • CommonPropertyFeatures: Cable TV,Gated Entry,High Speed Int Avail,Outside Entry,Security Gate

Fee Information

  • Association Fee Includes: Cable TV, Lawn Service, Road Maintenance, Sewer, Water
  • NWM_OtherDuesOrFeesYN: false

Schools

  • Junior High Dist: Federal Way

Lot Info

  • Parcel Number: 1697300580
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSLotSizeSource: Public Records
  • MLSSquareFootageSource: KC

Green Features

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

Rental Info

  • Furnished: Unfurnished
  • RentalCap: No Rentals

Tax Info

  • Year: 2023
  • Tax Annual Amount: 3058

Multi Family

  • Number Of Units In Community: 152
  • EnergySource: Electric,Natural Gas
  • UnitsInBuildingTotal: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2023
Closed on
Feb 27, 2023
Sold by
Javan Michelle and Javan Jason
Bought by
Mwd Construction Llc
Seller's Agent
Jess Salazar
Benchmark Realty LLC
Buyer's Agent
Philip Georgas
Assist2Sell Home Realty
List Price
$395,000
Sold Price
$395,000
Views
63
Current Estimated Value
$363,681

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$31,319
Avg. Annual Appreciation
-3.68%
Original Mortgage
$254,787
Interest Rate
6.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 2005
Sold by
Brady Daniel W and Finch Linda
Bought by
Javan Jason and Javan Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,230
Interest Rate
5.6%
Source: Public Records

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Range of Values:

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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
Mwd Construction Llc $275,000 First American Title Insurance
Javan Jason $159,000 Old Republic T
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mwd Construction Llc $254,787
Previous Owner Javan Michelle $180,745
Previous Owner Javan Jason $216,956
Previous Owner Javan Jason $154,230
Closed Mwd Construction Llc $22,265
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2023 04/28/23 Sold $395,000 0.0% $384 / Sq Ft
04/18/2023 04/18/23 Pending -- -- --
04/14/2023 04/14/23 For Sale $395,000 -- $384 / 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 $3,831 $335,000 $75,800 $259,200
2023 $3,057 $358,000 $52,100 $305,900
2022 $2,774 $304,000 $47,300 $256,700
2021 $2,701 $239,000 $42,600 $196,400
2020 $2,566 $219,000 $42,600 $176,400
2018 $2,312 $169,000 $37,900 $131,100
2017 $2,071 $158,000 $37,900 $120,100
2016 $1,938 $141,000 $33,100 $107,900
2015 $1,991 $126,000 $33,100 $92,900
2014 -- $133,000 $28,400 $104,600
2013 -- $105,000 $28,400 $76,600
Source: Public Records

Agents Affiliated with this Home

  • Jess Salazar

    Seller's Agent in 2023

    Jess Salazar

    Benchmark Realty LLC

    (206) 914-0022

    5 in this area

    18 Total Sales

    Jess Salazar
    Section Image

  • P

    Buyer's Agent in 2023

    Philip Georgas

    Assist2Sell Home Realty

    (206) 938-6070

    1 in this area

    20 Total Sales

    Philip Georgas
    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2055290

Northwest Multiple Listing Service (NWMLS)

APN: 169730-0580

Washington King County Federal Way 98003 West Campus - Fed Way

32420 2nd Place S, Federal Way, WA

This home is located at 32420 2nd Place S, Federal Way, WA 98003 since 14 April 2023 and is currently estimated at $363,681, approximately $353 per square foot. This property was built in 1978. 32420 2nd Place S 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) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. 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. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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