4520 SW 321st St Federal Way, WA 98023
Twin Lakes NeighborhoodEstimated payment $12,595/month
Highlights
- Community Pool
- Baseboard Heating
- Wood Siding
- Bathroom on Main Level
About This Home
This Portfolio of 7 Condominiums at Maplewood has had the same owner and board member for more than 20 years. All units have new upgraded electrical panels, water heaters, roofs, energy-efficient vinyl windows and more. (5) 2 bedroom units and (2) 1 bedroom with spacious living rooms with private decks and patios with much greenery . With great full-time staff and optional rental group membership, you literally can make this a Turnkey investment with nothing to do but see the rental checks come in and grow over time. Even add or sell to your portfolio unit by unit. Conveniently located near Twin Lakes golf course, shopping, Dash Point, and major transit options, including the light rail and I-5. Soon to be double listed under Multifamily.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2381328
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $16,822
Year Built
- Built in 1977
HOA Fees
- $3,353 Monthly HOA Fees
Parking
- Uncovered Parking
Home Design
- Composition Roof
- Wood Siding
Interior Spaces
- 5,161 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 12 Main Level Bedrooms
- Bathroom on Main Level
- 7 Full Bathrooms
Additional Features
- 512600011005,512600028009,512600042000,512600107001,512600157006,512600158004,512600159002
- Baseboard Heating
Listing and Financial Details
- Assessor Parcel Number 512600042000
Community Details
Overview
- Association fees include lawn service, road maintenance, security, sewer, trash, water
- 172 Units
- Targa Re Services Association
- Secondary HOA Phone (253) 925-2242
- Maplewood Condominiums
- Twin Lakes Subdivision
Recreation
- Community Pool
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,596 | $219,000 | $38,600 | $180,400 |
| 2023 | $1,881 | $207,000 | $27,800 | $179,200 |
| 2022 | $1,658 | $190,000 | $24,700 | $165,300 |
| 2021 | $1,501 | $145,000 | $21,600 | $123,400 |
| 2020 | $1,359 | $123,000 | $21,600 | $101,400 |
| 2018 | $1,111 | $92,000 | $18,500 | $73,500 |
| 2017 | $942 | $77,000 | $18,500 | $58,500 |
| 2016 | $895 | $65,000 | $18,500 | $46,500 |
| 2015 | $731 | $59,000 | $18,500 | $40,500 |
| 2014 | -- | $49,000 | $16,900 | $32,100 |
| 2013 | -- | $35,000 | $16,900 | $18,100 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/06/2025 06/06/25 | For Sale | $1,450,000 | -- | $281 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Accommodation | |
| Warranty Deed | $51,000 | Old Republic Title Ltd |
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2381328
APN: 512600-0420
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Based on information submitted to the MLS GRID
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