Listed by eXp Realty, Bought with Realtyall.com
NOT LISTED FOR SALE

Estimated Value: $358,000 - $403,000

3 Beds
1.5 Baths
1,360 Sq Ft
$455/mo HOA Fee

Last Sold March 31, 2023

Last sale price $390,000 $287 Per Sq Ft

Current estimated payment $2,859/month

3 Days on Market

Highlights

  • Ground Level Unit
  • Engineered Wood Flooring
  • Patio
  • Territorial View
  • Balcony
  • Baseboard Heating

About This Home

As of March 2023

Welcome home to this tastefully updated two-story condo in the clean, quiet and well-kept GATED neighborhood of Quiet Forest III in Federal Way. This contemporary home boasts 3 bedrooms, 1.5 bath; a spacious living room and open concept, light and bright kitchen with brand new stainless steel dishwasher and stove, beautiful new butcher block countertops and modern, updated cabinets and flooring. New bamboo flooring upstairs. Washer and dryer in unit on the first floor for your convenience as well as its own one car attached garage. Brand new siding and roof with no special assessments. Located near schools, parks and shopping centers, this home has it all! USE THIS ADDRESS TO FIND PROPERTY: 338 SE 325TH LANE FEDERAL WAY, WA 98003 via GPS.

Last Agent to Sell the Property

Jen Sarginson

eXp Realty License #131029 Listed on: 03/02/2023

eXp Realty

Co-Listed By

Thomas Berry

eXp Realty License #21035412

Last Buyer's Agent

Joanna Lee

Realtyall.com License #122748

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2036812

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,240

Year Built

  • Built in 1989

Lot Details

  • Street terminates at a dead end
  • Southwest Facing Home

HOA Fees

  • $455 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Uncovered Parking
  • Off-Street Parking

Home Design

  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,360 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Territorial Views

Kitchen

  • Electric Oven or Range
  • Stove
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Engineered Wood
  • Bamboo
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1.5 Bathrooms

Laundry

  • Electric Dryer
  • Washer

Outdoor Features

  • Balcony
  • Patio

Location

  • Ground Level Unit

Schools

  • Mirror Lake Elementary School
  • Sequoyah Mid Sch Middle School
  • Todd Beamer High School

Utilities

  • Baseboard Heating
  • Heating System Mounted To A Wall or Window
  • Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 7016820100

Community Details

Overview

  • Association fees include cable TV, common area maintenance, concierge, lawn service, road maintenance, sewer, water
  • 70 Units
  • Correna Corbett, Targa Property Managment Association
  • Secondary HOA Phone (253) 815-0393
  • Quiet Forest Iii Condos
  • Federal Way Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,240

Year Built

Built in 1989

Lot Details

0

HOA Fees

$455 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 31 - Condo (2 Levels)
  • Year Built: 1989
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,Refrigerator,StoveRange,LeasedEquipment
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Quiet Forest III
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 1360
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 2
  • UnitFeatures: Balcony/Deck/Patio,Ground Floor,Top Floor
  • NWM_ExcludedItemsYN: false
  • Special Features: None
  • Cumulative Days on Market: 870

Interior Features

  • Fireplaces: 1
  • Appliances: Dishwasher, Dryer, Disposal, Refrigerator, Stove/Range
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Bamboo/Cork, Ceramic Tile, Engineered Hardwood, Vinyl
  • Interior Amenities: Bamboo/Cork, Ceramic Tile, Balcony/Deck/Patio, Cooking-Electric, Dryer-Electric, Ice Maker, Washer, Water Heater
  • Stories: 2
  • Bathrooms: 1.5
  • BathsFullMain: 0
  • FireplacesMain: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • FloorNumberOfUnit: 2
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Refrigerator,Stove/Range
  • NWM_NumberOfBathtubs: 1
  • NWM_NumberOfShowers: 1

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Curbs, Dead End Street, Paved
  • View: Yes
  • Waterfront: No
  • Direction Faces: Southwest
  • Exterior Features: Metal/Vinyl
  • Structure Type: Multi Family
  • ViewFrom: Unit

Garage/Parking

  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Individual Garage, Off Street, Uncovered
  • Total Parking Spaces: 2
  • ParkingSpaceNumbers: 1

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Wall Unit(s)
  • Heating Yn: Yes
  • ApplianceHookups: Cooking-Electric,Dryer-Electric,Ice Maker,Washer
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Community Features: Cable TV
  • Senior Community: No
  • Association Fee: 455
  • Association Fee Frequency: Monthly
  • Phone: 253-815-0393
  • Association: Yes
  • Pets Allowed: Subj to Restrictions
  • AssociationContactName: Correna Corbett, Targa Property Managment
  • CommonPropertyFeatures: Cable TV

Fee Information

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

Schools

  • Junior High Dist: Federal Way
  • High School: Todd Beamer High
  • Middle Or Junior School: Sequoyah Mid Sch

Lot Info

  • Parcel Number: 7016820100
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist

Green Features

  • Power Production Type: Electric, Wood

Rental Info

  • Furnished: Unfurnished
  • RentalCap: At or above Rental Cap (See Remarks)
  • ShortTermRentalYN: false

Tax Info

  • Year: 2023
  • Tax Annual Amount: 3239.9

Multi Family

  • Number Of Units In Community: 70
  • EnergySource: Electric,Wood
  • UnitsInBuildingTotal: 3

MLS Schools

  • Elementary School: Mirror Lake Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2023
Closed on
Mar 27, 2023
Sold by
Berry Thomas E
Bought by
Lee Joanna
Seller's Agent
Jen Sarginson
eXp Realty
Buyer's Agent
Joanna Lee
Realtyall.com
List Price
$370,000
Sold Price
$390,000
Premium/Discount to List
$20,000
5.41%
Views
47
Current Estimated Value
$388,868

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,132
Avg. Annual Appreciation
-0.18%
Original Mortgage
$312,000
Outstanding Balance
$304,549
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$83,816

Purchase Details

Closed on
Sep 14, 2022
Sold by
Circuit Court
Bought by
Finance And Business Operations Division Of K

Purchase Details

Closed on
Apr 19, 2019
Sold by
Oleson Ana J
Bought by
Oleson Bryan

Purchase Details

Closed on
Apr 4, 2003
Sold by
Shannon Carol Ann
Bought by
Oleson Ana J

Purchase Details

Closed on
Nov 18, 1998
Sold by
Au Nancy Po Yee Ling
Bought by
Shannon Carol Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,200
Interest Rate
6.5%
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
Lee Joanna $390,000 Stewart Title
Finance And Business Operations Division Of K -- --
Oleson Bryan -- Accommodation
Oleson Ana J $137,000 Stewart Title
Shannon Carol Ann $116,500 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Joanna $312,000
Previous Owner Oleson Ana J $70,000
Previous Owner Shannon Carol Ann $93,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2023 03/31/23 Sold $390,000 +5.4% $287 / Sq Ft
03/05/2023 03/05/23 Pending -- -- --
03/02/2023 03/02/23 For Sale $370,000 -- $272 / 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 $4,079 $355,000 $75,600 $279,400
2023 $3,240 $367,000 $51,900 $315,100
2022 $3,000 $325,000 $47,200 $277,800
2021 $2,827 $261,000 $42,500 $218,500
2020 $2,753 $231,000 $42,500 $188,500
2018 $2,663 $207,000 $37,800 $169,200
2017 $2,283 $184,000 $37,800 $146,200
2016 $2,117 $157,000 $33,000 $124,000
2015 $2,052 $139,000 $33,000 $106,000
2014 -- $138,000 $28,300 $109,700
2013 -- $106,000 $28,300 $77,700
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2036812

Northwest Multiple Listing Service (NWMLS)

APN: 701682-0100