NOT LISTED FOR SALE

Estimated Value: $221,000 - $254,000

2 Beds
1 Bath
823 Sq Ft
6 Acres

Last Sold April 30, 2014

Last sale price $65,000 $79 Per Sq Ft

Est. 263% increase in value since last sale

Current estimated payment $1,542/month

86 Days on Market

Highlights

  • Territorial View
  • Wood Siding
  • Wall to Wall Carpet
  • 1 Fireplace

About This Home

As of April 2014

Fannie Mae HomePath Property ~ Value Priced~ 2 bedrooms, 1 bathroom, 823 sqft Condo. Fresh interior paint! Enjoy the efficient radiant heat and wood burning fireplace this winter. Covered porch, trails to sports court and pool to enjoy this summer! Easy access to the Federal Way 1st Ave Business district, shopping, and restaurants. Purchase for as little as 5% down! This property is approved for HomePath and HomePath Renovation Mortgage, if buyer wishes to make upgrades

Last Agent to Sell the Property

Chad Beckwith

eXp Realty License #78091 Listed on: 12/10/2013

eXp Realty

Last Buyer's Agent

Susan Bjork

Windermere PM/Lori Gill Assoc. License #24266

Windermere PM/Lori Gill Assoc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM573012

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,714

Year Built

  • Built in 1979

Lot Details

  • 6

Home Design

  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • Carport
  • Off-Street Parking

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 3259450310

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,714

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: Condo (1 Level)
  • Unit Floor Number: 1
  • Year Built: 1979
  • Special Features: 20
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Laminate, Vinyl, Wall To Wall Carpet
  • Appliance Hookups: Cooking-Electric, Dryer-Electric, Washer
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 1.00
  • Total Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Fireplace Type: Wood
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Dining Room: Main
  • Family Room: Main
  • Kitchen: Main
  • Estimated Sq Ft: 823

Exterior Features

  • Exterior: Wood, Wood Products
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Numberof Assigned Spaces: 1
  • Parking Type: Carport, Off Street
  • Parking Space Number: C

Utilities

  • Heating And Cooling: Baseboard

Condo/Co-op/Association

  • HOA Fees: 255
  • Cats And Dogs: Subj To Restrictions
  • Manager Contact Information: Bryce Kennedy (206) 287-9947
  • Association Contact: Kappes-Miller (206) 287-9947
  • Common Property Features: Athletic Court, Cable Tv, Club House, Pool-Outdoor
  • Home Owner Dues Included: Cable Tv, Garbage, Water/Sewer
  • Unit Features: Balcony/Deck/Patio, Ground Floor, Insulated Windows

Schools

  • School District: FED

Lot Info

  • Lot Details: Paved Street, Sidewalk
  • Parcel Number: 3259450310

Tax Info

  • Tax Amount: 1241

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2013
Closed on
Apr 7, 2014
Sold by
Fannie Mae
Bought by
Lam Gary
Seller's Agent
Chad Beckwith
eXp Realty
Buyer's Agent
Susan Bjork
Windermere PM/Lori Gill Assoc.
List Price
$81,900
Sold Price
$65,000
Premium/Discount to List
-$16,900
-20.63%
Current Estimated Value
$235,694

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,694
Avg. Annual Appreciation
12.85%
Original Mortgage
$55,250
Interest Rate
4.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 9, 2013
Sold by
Welcher Susan J
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 21, 1995
Sold by
B M F Ltd Partnership
Bought by
Welcher Susan J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
7.5%
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
Lam Gary $65,000 Chicago Title
Federal National Mortgage Association -- Nextitle
Welcher Susan J $64,400 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lam Gary $90,000
Closed Lam Gary $55,250
Previous Owner Welcher Susan J $118,400
Previous Owner Welcher Susan J $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2014 04/30/14 Sold $65,000 -7.0% $79 / Sq Ft
03/07/2014 03/07/14 Pending -- -- --
02/12/2014 02/12/14 Price Changed $69,900 -6.8% $85 / Sq Ft
02/10/2014 02/10/14 Price Changed $75,000 -8.4% $91 / Sq Ft
12/10/2013 12/10/13 For Sale $81,900 -- $100 / 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 $2,714 $232,000 $28,600 $203,400
2023 $1,944 $222,000 $20,600 $201,400
2022 $1,830 $197,000 $18,300 $178,700
2021 $1,848 $161,000 $16,000 $145,000
2020 $1,653 $153,000 $16,000 $137,000
2018 $1,473 $115,000 $13,700 $101,300
2017 $1,122 $102,000 $13,700 $88,300
2016 $1,067 $77,000 $13,700 $63,300
2015 $1,042 $70,000 $13,700 $56,300
2014 -- $70,000 $11,400 $58,600
2013 -- $48,000 $11,400 $36,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM573012

Northwest Multiple Listing Service (NWMLS)

APN: 325945-0310