NOT LISTED FOR SALE

4540 SW 321st St Unit Q7 Federal Way, WA 98023

Twin Lakes Neighborhood

Estimated Value: $162,000 - $239,000

1 Bed
1 Bath
593 Sq Ft
12 Acres

Last Sold June 19, 2015

Last sale price $50,000 $84 Per Sq Ft

Est. 302% increase in value since last sale

Current estimated payment $1,309/month

8 Days on Market

Highlights

  • Contemporary Architecture
  • Ceramic Tile Flooring
  • Wood Siding
  • Open Space

About This Home

As of June 2015

Well Kept Condo on 2nd floor. Very nice kitchen cabinets & countertops. Newer bathroom vanity and newer flooring. Slider that takes you out to nice patio. Great Federal Way location. Easy access to Dash Point and I5! Golf course nearby. Walking trails. This is a must see!

Last Listed By

Ryan LaVergne

Coldwell Banker Bain License #34750 Listed on: 03/10/2015

Coldwell Banker Bain

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM753928

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,212

Year Built

  • Built in 1977

Lot Details

  • 12

Parking

  • Uncovered Parking

Home Design

  • Contemporary Architecture
  • Flat Roof Shape
  • Composition Roof
  • Bitumen Roof
  • Wood Siding

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile

Additional Features

  • 2-Story Property
  • Open Space

Listing and Financial Details

  • Assessor Parcel Number 5126001510

Community Details

Overview

  • 4 Units
  • Twin Lakes Community

Pet Policy

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,212

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 31 - Condo (2 Levels)
  • Architecture: Contemporary
  • Entrance Level: Main
  • Year Built: 1977
  • Special Features: 12
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Ceramic Tile, Wall To Wall Carpet
  • Appliance Hookups: Cooking-Electric
  • Appliances That Stay: Dishwasher, Garbage Disposal, Range/Oven, Refrigerator
  • Bedrooms: 1.00
  • Main Floor Bedrooms: 1
  • Bathrooms: 1.00
  • Total Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Master Bedroom: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Storage: Realist
  • Estimated Sq Ft: 593

Exterior Features

  • Exterior: Wood
  • Roof: Composition, Flat, Torch Down

Garage/Parking

  • Parking Type: Uncovered

Utilities

  • Heating And Cooling: Baseboard
  • Water Heater: Closet-Electric

Condo/Co-op/Association

  • Numberof Units in Building: 4
  • HOA Fees: 208
  • Community Name: Twin Lakes
  • Project: Maplewood
  • Cats And Dogs: Subj To Restrictions
  • Manager Contact Information: Michelle (253) 838-3969
  • Association Contact: Targa/Tommy (253) 815-0393
  • Home Owner Dues Included: Garbage, Common Area Maintenance, Lawn Service
  • Unit Features: Balcony/Deck/Patio

Schools

  • School District: FED

Lot Info

  • Lot Details: Curbs, Open Space, Paved Street, Sidewalk
  • Parcel Number: 5126001510

Tax Info

  • Tax Amount: 472

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2015
Closed on
Jun 16, 2015
Sold by
Weller Nancy
Bought by
Melton Alphonso E and Melton Synthia A
Seller's Agent
Ryan LaVergne
Coldwell Banker Bain
Buyer's Agent
Ron Younkin
Berkshire Hathaway HS NW
List Price
$55,000
Sold Price
$50,000
Premium/Discount to List
-$5,000
-9.09%
Total Days on Market
8
Current Estimated Value
$201,107

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,107
Avg. Annual Appreciation
14.98%
Original Mortgage
$40,900
Outstanding Balance
$29,869
Interest Rate
3.98%
Estimated Equity
$170,694

Purchase Details

Closed on
Feb 28, 2007
Sold by
Larkin Patricia and Habib Peter
Bought by
Weller Nancy R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,750
Interest Rate
6.31%

Purchase Details

Closed on
Dec 8, 2006
Sold by
Fountaine Dale E
Bought by
Larkin Patricia and Habib Peter

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
Melton Alphonso E $50,000 Fidelity Natio
Weller Nancy R $123,000 Transnation Ti
Larkin Patricia $69,000 Fidelity Natio
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Melton Synthia A $40,900
Previous Owner Weller Nancy $83,300
Previous Owner Weller Nancy $30,750
Previous Owner Weller Nancy R $92,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2015 06/19/15 Sold $50,000 +11.1% $84 / Sq Ft
03/19/2015 03/19/15 Pending -- -- --
03/18/2015 03/18/15 Price Changed $45,000 -18.2% $76 / Sq Ft
03/10/2015 03/10/15 For Sale $55,000 -- $93 / 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 $2,212 $185,000 $32,200 $152,800
2023 $1,614 $185,000 $23,200 $161,800
2022 $1,471 $162,000 $20,600 $141,400
2021 $1,337 $128,000 $18,000 $110,000
2020 $1,196 $109,000 $18,000 $91,000
2018 $958 $74,000 $15,400 $58,600
2017 $747 $66,000 $15,400 $50,600
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: NWM753928

Northwest Multiple Listing Service (NWMLS)

APN: 512600-1510