Listed by HomeSmart Real Estate Assoc, Bought with Engel & Voelkers North Tacoma
NOT LISTED FOR SALE

4540 SW 321st St Unit Q6 Federal Way, WA 98023

Twin Lakes Neighborhood

Estimated Value: $166,000 - $204,000

1 Bed
1 Bath
593 Sq Ft
$338/mo HOA Fee

Last Sold May 05, 2022

Last sale price $190,000 $320 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,514/month

Highlights

  • Unit is on the top floor
  • Territorial View
  • Community Pool
  • Property is near public transit
  • End Unit
  • Sport Court

About This Home

As of May 2022

Cozy one bedroom condo perfect for first time homebuyer or investor. Top floor unit with great natural light has a spacious bedroom and living room. Kitchen is open to dining area. Slider from the living room leads to covered balcony with storage closet. Complex includes an outdoor pool, sports court, laundry facilities and walking trails. Roof PVC (vinyl). Conveniently located near Dash Point Park, Twin Lakes Golf & Country Club, restaurants, shopping, bus lines, Federal Way Transit Station. No rental cap.

Last Agent to Sell the Property

Cheryl Darlington

HomeSmart Real Estate Assoc License #93796 Listed on: 05/05/2022

HomeSmart Real Estate Assoc

Last Buyer's Agent

Adrian Stubblefield

Engel & Voelkers North Tacoma License #21004931

Engel & Voelkers North Tacoma

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1934615

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,406

Year Built

  • Built in 1977

Lot Details

  • End Unit
  • South Facing Home

HOA Fees

  • $338 Monthly HOA Fees

Home Design

  • Wood Siding

Interior Spaces

  • 593 Sq Ft Home
  • 2-Story Property
  • Blinds
  • Territorial Views

Kitchen

  • Electric Oven or Range
  • Stove
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Parking

  • Uncovered Parking
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Patio

Location

  • Unit is on the top floor
  • Property is near public transit
  • Property is near a bus stop

Utilities

  • Water Heater
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 5126001500

Community Details

Overview

  • Association fees include common area maintenance, garbage, sewer, water
  • 172 Units
  • Correna Hill Association
  • Secondary HOA Phone (253) 754-6047
  • Maplewood Condos
  • Dash Point Subdivision
  • Park Phone (253) 838-3969 | Manager Michelle Brehem

Amenities

  • Laundry Facilities

Recreation

  • Sport Court
  • Community Pool

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,406

Year Built

Built in 1977

Lot Details

0

HOA Fees

$338 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Year Built: 1977
  • Inclusions: Dishwasher,GarbageDisposal,Refrigerator,StoveRange
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Maplewood
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 593
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 12
  • UnitFeatures: Balcony/Deck/Patio,End Unit,Top Floor
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Stove/Range
  • Full Bathrooms: 1
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Entry Location: Main
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet, Balcony/Deck/Patio, Cooking-Electric, Water Heater
  • Main Level Bedrooms: 1
  • Stories: 2
  • Bathrooms: 1
  • BathsFullMain: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • FloorNumberOfUnit: 2
  • AppliancesIncluded: Dishwasher,Garbage Disposal,Refrigerator,Stove/Range
  • StorageLocation: Off of Deck
  • WindowCoverings: Blinds

Exterior Features

  • Roof: See Remarks
  • View: Territorial
  • Lot Features: Curbs, Paved
  • View: Yes
  • Waterfront: No
  • Direction Faces: South
  • Exterior Features: Wood
  • Structure Type: Multi Family
  • BusLineNearby: true

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Off Street, Uncovered

Utilities

  • Heating Yn: Yes
  • Utilities: Electricity Available, Common Area Maintenance, Garbage
  • HeatingCoolingType: Baseboard
  • ApplianceHookups: Cooking-Electric
  • WaterHeaterLocation: Bedroom closet
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Community Features: Athletic Court, High Speed Int Avail, Laundry Room, Pool
  • Park Manager Name: Michelle Brehem
  • Park Manager Phone: 253-838-3969
  • Senior Community: No
  • Association Fee: 338
  • Association Fee Frequency: Monthly
  • Phone: 253-754-6047
  • Association: Yes
  • Pets Allowed: Cats OK, Dogs OK, Subj to Restrictions
  • AssociationContactName: Correna Hill
  • CommonPropertyFeatures: Athletic Court,High Speed Int Avail,Laundry Room,Pool-Outdoor

Fee Information

  • Association Fee Includes: Common Area Maintenance, Garbage, Sewer, Water

Schools

  • Junior High Dist: Federal Way
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 5126001500
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSSquareFootageSource: Public Records

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2022
  • Tax Annual Amount: 1406

Multi Family

  • Number Of Units In Community: 172
  • EnergySource: Electric
  • UnitsInBuildingTotal: 4

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 7, 2019
Sold by
Darlington Chetyl D
Bought by
Darlington Cheryl D and Gaston Luke
Current Estimated Value
$188,542

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Outstanding Balance
$80,052
Interest Rate
3.73%
Estimated Equity
$126,049

Purchase Details

Closed on
Jun 23, 2006
Sold by
Killy Inc
Bought by
Martian Kim I and Darlington Cheryl D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,950
Interest Rate
6.63%
Source: Public Records

Range of Values:

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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
Darlington Cheryl D -- Ticor Title
Martian Kim I $71,950 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Darlington Cheryl D $90,000
Previous Owner Martian Kim I $53,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2022 05/05/22 Sold $190,000 0.0% $320 / Sq Ft
05/05/2022 05/05/22 For Sale $190,000 -- $320 / 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 $2,157 $179,000 $32,200 $146,800
2023 $1,595 $173,000 $23,200 $149,800
2022 $1,406 $160,000 $20,600 $139,400
2021 $1,267 $122,000 $18,000 $104,000
2020 $1,126 $103,000 $18,000 $85,000
2018 $902 $74,000 $15,400 $58,600
2017 $747 $62,000 $15,400 $46,600
2016 $705 $51,000 $15,400 $35,600
2015 $575 $46,000 $15,400 $30,600
2014 -- $38,000 $14,200 $23,800
2013 -- $28,000 $14,200 $13,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1934615

Northwest Multiple Listing Service (NWMLS)

APN: 512600-1500