Listed by Tribeca NW Real Estate, Bought with Seattle Works Real Estate
NOT LISTED FOR SALE

Estimated Value: $300,000 - $364,000

2 Beds
2 Baths
1,056 Sq Ft
$425/mo HOA Fee

Last Sold December 30, 2022

Last sale price $315,000 $298 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,253/month

51 Days on Market

Highlights

  • Gated Community
  • Contemporary Architecture
  • Ground Level Unit
  • 7.36 Acre Lot
  • End Unit
  • Private Yard

About This Home

As of December 2022

Welcome home to your rare resale in the coveted Quiet Forest community, a gated community just over a mile from Federal Way's future light rail station and the I-5 freeway; a commuter's dream. This dead end, corner, one story home boasts a private, generous sized detached garage with room for parking and much more. Inside, pick your working, relaxing, or entertaining space from the living room, dining room, kitchen eating space, or spare bedroom. No crowding or cramping with a full bath in the main hall and another off the owner's bedroom. Outside there is room for gardening and adding your unique touches to home. First time on the market for over 20 years. New siding to be installed per the HOA with no special assessment.

Last Agent to Sell the Property

Jerome Walters

Tribeca NW Real Estate License #136297 Listed on: 10/12/2022

Tribeca NW Real Estate

Last Buyer's Agent

Henry DeCherney

Seattle Works Real Estate License #21033585

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2007176

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $321

Year Built

  • Built in 1989

Lot Details

  • End Unit
  • Cul-De-Sac
  • Street terminates at a dead end
  • Sprinkler System
  • Private Yard
  • Yard

HOA Fees

  • $425 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Off-Street Parking

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,056 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Insulated Windows

Kitchen

  • Electric Oven or Range
  • Stove
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Laundry

  • Electric Dryer
  • Washer

Outdoor Features

  • Balcony
  • Patio

Location

  • Ground Level Unit

Utilities

  • Water Heater
  • Cable TV Available

Listing and Financial Details

  • Senior Tax Exemptions
  • Assessor Parcel Number 7016820290

Community Details

Overview

  • Association fees include cable TV, common area maintenance, lawn service, sewer, water
  • 70 Units
  • Federal Way Subdivision
  • Park Phone (206) 268-3321 | Manager Robin Bentley-Mackey

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$321

Year Built

Built in 1989

Lot Details

0

HOA Fees

$425 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Year Built: 1989
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Contemporary
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1056
  • SeniorExemption: true
  • DwellingType: Attached
  • NumberOfAccessStairs: 1
  • UnitFeatures: Balcony/Deck/Patio,End Unit,Ground Floor,Insulated Windows,Primary Bath,Sprinkler System,Yard
  • Special Features: None
  • Cumulative Days on Market: 970

Interior Features

  • Fireplaces: 1
  • Appliances: Dishwasher, Dryer, Disposal, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Laminate, Carpet
  • Interior Amenities: Laminate, Wall to Wall Carpet, Balcony/Deck/Patio, Yard, Cooking-Electric, Dryer-Electric, Washer, Water Heater
  • Main Level Bedrooms: 2
  • Stories: 1
  • Bathrooms: 1.75
  • BathsFullMain: 1
  • 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: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Refrigerator,Stove/Range,Washer

Exterior Features

  • Roof: Composition
  • Lot Features: Cul-De-Sac, Dead End Street, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Metal/Vinyl
  • Structure Type: Multi Family

Garage/Parking

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

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Heating Yn: Yes
  • Utilities: Electricity Available, Cable Connected, Common Area Maintenance
  • HeatingCoolingType: Baseboard,Wall
  • ApplianceHookups: Cooking-Electric,Dryer-Electric,Washer
  • WaterHeaterLocation: Closet
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Community Features: Cable TV, Gated
  • Park Manager Name: Robin Bentley-Mackey
  • Park Manager Phone: 206-268-3321
  • Senior Community: No
  • Association Fee: 425
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: See Remarks
  • CommonPropertyFeatures: Cable TV,Gated Entry

Fee Information

  • Association Fee Includes: Cable TV, Common Area Maintenance, Lawn Service, Sewer, Water

Schools

  • Junior High Dist: Federal Way

Lot Info

  • Parcel Number: 7016820290
  • Lot Size Acres: 7.3551
  • Lot Size Sq Ft: 320387
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist

Green Features

  • Efficiency: Insulated Windows
  • Power Production Type: Electric

Rental Info

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

Tax Info

  • Year: 2022
  • Tax Annual Amount: 321

Multi Family

  • Number Of Units In Community: 70
  • EnergySource: Electric
  • UnitsInBuildingTotal: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2022
Closed on
Dec 21, 2022
Sold by
Smith Jacque M
Bought by
Galloway Leslie and Galloway Michael
Seller's Agent
Jerome Walters
Tribeca NW Real Estate
Buyer's Agent
Henry DeCherney
Seattle Works Real Estate
List Price
$325,000
Sold Price
$315,000
Premium/Discount to List
-$10,000
-3.08%
Total Days on Market
51
Views
22
Current Estimated Value
$324,961

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,961
Avg. Annual Appreciation
1.38%
Original Mortgage
$305,550
Outstanding Balance
$297,702
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$28,785

Purchase Details

Closed on
Aug 27, 2004
Sold by
Wong Elaine Yan Lan
Bought by
Smith James T and Smith Jacque M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
5.8%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 13, 1989
Sold by
Chan Alfred Chok Sun
Bought by
Wong Elaine Yan Lam
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
Galloway Leslie $315,000 --
Smith James T $124,500 Chicago Title
Wong Elaine Yan Lam -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Galloway Leslie $305,550
Previous Owner Smith James T $20,000
Previous Owner Smith James T $99,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2022 12/30/22 Sold $315,000 0.0% $298 / Sq Ft
12/02/2022 12/02/22 Pending -- -- --
11/21/2022 11/21/22 Price Changed $315,000 -3.1% $298 / Sq Ft
11/13/2022 11/13/22 For Sale $325,000 0.0% $308 / Sq Ft
10/14/2022 10/14/22 Pending -- -- --
10/12/2022 10/12/22 For Sale $325,000 -- $308 / 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 $398 $299,000 $58,700 $240,300
2023 $263 $288,000 $40,300 $247,700
2022 $321 $287,000 $36,700 $250,300
2021 $2,488 $231,000 $33,000 $198,000
2020 $2,415 $202,000 $33,000 $169,000
2018 $2,273 $178,000 $29,300 $148,700
2017 $1,949 $156,000 $29,300 $126,700
2016 $1,811 $133,000 $25,600 $107,400
2015 $1,754 $118,000 $25,600 $92,400
2014 -- $117,000 $22,000 $95,000
2013 -- $93,000 $22,000 $71,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2007176

Northwest Multiple Listing Service (NWMLS)

APN: 701682-0290