Listed by Benchmark Realty LLC, Bought with RE/MAX Realty South
NOT LISTED FOR SALE

32438 2nd Place S Federal Way, WA 98003

West Campus - Fed Way Neighborhood

Estimated Value: $371,419 - $398,000

2 Beds
2 Baths
1,354 Sq Ft
$283/Sq Ft Est. Value

Last Sold January 23, 2017

Last sale price $206,000 $152 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $2,456/month

147 Days on Market

Highlights

  • 1 Fireplace
  • Garage
  • Wall to Wall Carpet

About This Home

As of January 2017

Colonial Forest #1 desired condo complex in Federal Way. This unit is located on the quiet east side. Amazing Kitchen with a cabinet and drawer for everything and granite counter top. The grounds are like like a resort with normal streets, lots of guest parking, and a gated community. Every unit has a front lawn. Listing agent has lived at CF for over 10 years. Incredible amount of storage in the oversize garage.

Last Agent to Sell the Property

Jess Salazar

Benchmark Realty LLC License #13523 Listed on: 08/21/2016

Benchmark Realty LLC

Last Buyer's Agent

Gabrielle Nemes

RE/MAX Realty South License #75600

RE/MAX Realty South

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1014988

Northwest Multiple Listing Service (NWMLS)

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,290

Year Built

  • Built in 1978

Lot Details

  • 18

Parking

  • Garage

Home Design

  • Shake Roof
  • Vinyl Construction Material

Interior Spaces

  • 3-Story Property
  • 1 Fireplace

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate

Listing and Financial Details

  • Assessor Parcel Number 1697300690

Community Details

Overview

  • 6 Units
  • Federal Way Community

Pet Policy

  • Pets allowed on a case-by-case basis
  • Pet Restriction

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,290

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 34 - Condo (3 Levels)
  • Architecture: Townhouse
  • Entrance Level: Main
  • Unit Floor Number: 3
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Floor Covering: Laminate, Wall To Wall Carpet
  • Appliance Hookups: Cooking-Electric, Washer
  • Appliances That Stay: Dishwasher, Range/Oven, Refrigerator
  • Bedrooms: 2.00
  • Bathrooms: 1.50
  • Total Full Bathrooms: 1
  • Total Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplace Type: Wood
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Dining Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 1354

Exterior Features

  • Exterior: Metal/Vinyl
  • Roof: Cedar Shake

Garage/Parking

  • Numberof Assigned Spaces: 2
  • Parking Type: Individual Garage

Utilities

  • Heating And Cooling: Baseboard
  • Water Heater: Garage-Electric

Condo/Co-op/Association

  • Numberof Units in Building: 6
  • Numberof Units In Complex: 155
  • HOA Fees: 321
  • Community Name: Federal Way
  • Project: Colonial Forest
  • Cats And Dogs: Subj To Restrictions
  • Manager Contact Information: Mark (253) 815-0393
  • Association Contact: Targa (253) 815-0393
  • Common Property Features: Cable Tv, High Speed Int Avail, Security Gate
  • Home Owner Dues Included: Cable Tv, Water/Sewer, Road Maintenance, Lawn Service

Schools

  • High School: Todd Beamer High
  • School District: FED

Lot Info

  • Lot Details: Curbs, Paved Street, Sidewalk
  • Parcel Number: 1697300690

Tax Info

  • Tax Amount: 2302

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2016
Closed on
Feb 24, 2017
Sold by
Daniels Holly
Bought by
Collins Chinue S
Seller's Agent
Jess Salazar
Benchmark Realty LLC
Buyer's Agent
Gabrielle Nemes
RE/MAX Realty South
List Price
$199,500
Sold Price
$206,000
Premium/Discount to List
$6,500
3.26%
Current Estimated Value
$383,254

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,254
Avg. Annual Appreciation
7.51%
Original Mortgage
$202,268
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Listed on
Dec 18, 2013
Closed on
Mar 24, 2014
Sold by
Fannie Mae
Bought by
Daniels Holly
Seller's Agent
Justin Travatte
NextHome Puget Sound
Buyer's Agent
Meagan Freed
Windermere Real Estate/PSK Inc
List Price
$140,000
Sold Price
$125,000
Premium/Discount to List
-$15,000
-10.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.31%
Original Mortgage
$121,151
Interest Rate
4.25%

Purchase Details

Closed on
Oct 7, 2013
Sold by
Gellhau John M and Gellhaus Michael
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 5, 2005
Sold by
Thompson Bert L and Thompson Victoria L
Bought by
Gellhaus J Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,000
Interest Rate
6.35%

Purchase Details

Closed on
Nov 7, 1994
Sold by
Ferguson Linnea
Bought by
Thompson Bert L and Thompson Victoria L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,250
Interest Rate
8.75%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Collins Chinue S $206,000 First American
Daniels Holly $125,000 Servicelink
Federal National Mortgage Association $163,907 Nextitle
Gellhaus J Michael $195,950 First American
Thompson Bert L $95,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Collins Chinue S $255,500
Previous Owner Collins Chinue S $201,900
Previous Owner Collins Chinue S $202,268
Previous Owner Daniels Holly $121,151
Previous Owner Daniels Holly $4,846
Previous Owner Gellhau John Michael $152,375
Previous Owner Gellhaus J Michael $18,000
Previous Owner Gellhaus J Michael $156,760
Previous Owner Thompson Bert L $26,000
Previous Owner Thompson Bert L $90,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2017 01/23/17 Sold $206,000 +3.3% $152 / Sq Ft
01/20/2017 01/20/17 For Sale $199,500 0.0% $147 / Sq Ft
01/16/2017 01/16/17 Pending -- -- --
01/06/2017 01/06/17 Pending -- -- --
12/14/2016 12/14/16 For Sale $199,500 0.0% $147 / Sq Ft
12/10/2016 12/10/16 Pending -- -- --
10/18/2016 10/18/16 Price Changed $199,500 -2.7% $147 / Sq Ft
10/10/2016 10/10/16 Price Changed $205,000 -2.4% $151 / Sq Ft
08/21/2016 08/21/16 For Sale $210,000 +68.0% $155 / Sq Ft
03/26/2014 03/26/14 Sold $125,000 -3.8% $92 / Sq Ft
02/20/2014 02/20/14 Pending -- -- --
01/22/2014 01/22/14 Price Changed $130,000 -7.1% $96 / Sq Ft
12/18/2013 12/18/13 For Sale $140,000 -- $103 / 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 $4,290 $376,000 $82,300 $293,700
2023 $3,476 $412,000 $56,600 $355,400
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

  • Jess Salazar

    Seller's Agent in 2017

    Jess Salazar

    Benchmark Realty LLC

    (206) 914-0022

    5 in this area

    18 Total Sales

    Section Image
  • Gabrielle Nemes

    Buyer's Agent in 2017

    Gabrielle Nemes

    RE/MAX REALTY SOUTH

    (206) 300-8421

    55 Total Sales

    Section Image

  • J

    Seller's Agent in 2014

    Justin Travatte

    NextHome Puget Sound

    (877) 459-4949

    40 Total Sales

    Section Image

  • J

    Seller Co-Listing Agent in 2014

    Jason Higgins

    NextHome Puget Sound

    Section Image

  • M

    Buyer's Agent in 2014

    Meagan Freed

    Windermere Real Estate/PSK Inc

    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1014988

Northwest Multiple Listing Service (NWMLS)

APN: 169730-0690

Washington King County Federal Way 98003 West Campus - Fed Way

32438 2nd Place S, Federal Way, WA

This home is located at 32438 2nd Place S, Federal Way, WA 98003 since 21 August 2016 and is currently estimated at $382,605, approximately $282 per square foot. This property was built in 1978. 32438 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

Nearby Homes