Listed by Benchmark Realty LLC, Bought with KW Greater Seattle
NOT LISTED FOR SALE

Estimated Value: $374,000 - $400,000

2 Beds
1.5 Baths
1,354 Sq Ft
$429/mo HOA Fee

Last Sold April 27, 2023

Last sale price $389,000 $287 Per Sq Ft

Current estimated payment $2,947/month

135 Days on Market

Highlights

  • Gated Community
  • Corner Lot
  • Private Yard
  • Property is near public transit
  • Ground Level Unit
  • Walk-In Closet

About This Home

As of April 2023

COLONIAL FOREST IS THE MOST SOUGHT-AFTER GATED COMMUNITY IN THE FEDERAL WAY AREA. NEW: kitchen, countertops, vanities, faucets, laminate floors, and paint. Both unusually large bedrooms have walk-in closets. Located on the quiet and private east side of the complex. No apartment-type feeling here. A large front grassy area and tall trees on the backside provide extreme privacy. HOA dues include cable TV, water, sewer, outside-building insurance, professional management, professional groundskeeping, and one full-time maintenance employee. Excellent access to schools, shopping, Redondo Beach, and the Aquatic Center. t. Normal sidewalks for daily walks or walking your pet. This floor pan can be converted into a 3-bedroom or extra 3/4 bath.

Last Agent to Sell the Property

Jess Salazar

Benchmark Realty LLC License #13523 Listed on: 11/15/2022

Benchmark Realty LLC

Last Buyer's Agent

Ron Jones

KW Greater Seattle License #140911

KW Greater Seattle

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2022226

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,148

Year Built

  • Built in 1978

Lot Details

  • Open Space
  • Street terminates at a dead end
  • West Facing Home
  • Sprinkler System
  • Private Yard
  • Yard

HOA Fees

  • $429 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,354 Sq Ft Home
  • 3-Story Property
  • Wood Burning Fireplace
  • Laminate Flooring

Kitchen

  • Electric Oven or Range
  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Electric Dryer
  • Washer

Location

  • Ground Level Unit
  • Property is near public transit

Utilities

  • Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Down Payment Assistance Available
  • Assessor Parcel Number 1697300620

Community Details

Overview

  • Association fees include cable TV, lawn service, road maintenance, sewer, water
  • 152 Units
  • Targa Association
  • Secondary HOA Phone (253) 754-6049
  • Colonial Forest Condos
  • Federal Way Subdivision
  • Park Phone (206) 914-0022 | Manager Jess Salazar

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,148

Year Built

Built in 1978

Lot Details

0

HOA Fees

$429 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 34 - Condo (3 Levels)
  • Year Built: 1978
  • Inclusions: Dishwasher,Dryer,Microwave,Refrigerator,StoveRange,Washer,LeasedEquipment
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: See Remarks
  • Building Name: Colonial Forest
  • Unit Levels: Three Or More
  • New Construction: No
  • CalculatedSquareFootage: 1354
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 3
  • UnitFeatures: Ground Floor,Sprinkler System,Walk-in Closet,Yard
  • Special Features: None
  • Cumulative Days on Market: 1,067

Interior Features

  • Fireplaces: 1
  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Laminate
  • Interior Amenities: Laminate, Yard, Cooking-Electric, Dryer-Electric, Washer, Water Heater
  • Stories: 3
  • Bathrooms: 1.5
  • BathsFullMain: 0
  • FireplacesMain: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 1
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 2
  • AppliancesIncluded: Dishwasher,Dryer,Microwave,Refrigerator,Stove/Range,Washer

Exterior Features

  • Roof: Composition
  • Lot Features: Corner Lot, Curbs, Dead End Street, Open Space, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Direction Faces: West
  • Exterior Features: Metal/Vinyl
  • Structure Type: Multi Family
  • BusLineNearby: true

Garage/Parking

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

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling Y N: Yes
  • 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: Jess Salazar
  • Park Manager Phone: 206-914-0022
  • Senior Community: No
  • Association Fee: 429
  • Association Fee Frequency: Monthly
  • Phone: 253-754-6049
  • Association: Yes
  • Pets Allowed: Subj to Restrictions
  • AssociationContactName: Targa
  • 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

Schools

  • Junior High Dist: Federal Way

Lot Info

  • Parcel Number: 1697300620
  • Lot Size Sq Ft: 1
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: realist
  • MLSSquareFootageSource: 1354

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • RentalCap: No Rentals
  • ShortTermRentalYN: false

Tax Info

  • Year: 2022
  • Tax Annual Amount: 3148
  • AdditionalTaxIds: 1697300620

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2022
Closed on
Apr 25, 2023
Sold by
Revocable Trust
Bought by
Williams Derica R and Williams Andrew A
Seller's Agent
Jess Salazar
Benchmark Realty LLC
Buyer's Agent
Ron Jones
KW Greater Seattle
List Price
$395,000
Sold Price
$389,000
Premium/Discount to List
-$6,000
-1.52%
Views
139
Current Estimated Value
$389,651

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$651
Avg. Annual Appreciation
0.94%
Original Mortgage
$377,330
Interest Rate
6.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 13, 2001
Sold by
Wise Clarence R and Wise Dolores M
Bought by
Wise Clarence R and Wise Dolores M
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
Williams Derica R $389,000 First American Title Insurance
Wise Clarence R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Williams Derica R $377,330
Closed Williams Derica R $12,315
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2023 04/27/23 Sold $389,000 -1.5% $287 / Sq Ft
03/30/2023 03/30/23 Pending -- -- --
03/13/2023 03/13/23 Price Changed $395,000 0.0% $292 / Sq Ft
03/13/2023 03/13/23 For Sale $395,000 +1.5% $292 / Sq Ft
02/28/2023 02/28/23 Off Market $389,000 -- --
02/01/2023 02/01/23 Price Changed $385,000 -3.1% $284 / Sq Ft
11/15/2022 11/15/22 For Sale $397,500 -- $294 / 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: 2022226

Northwest Multiple Listing Service (NWMLS)

APN: 169730-0620