NOT LISTED FOR SALE

4601 SW 320th St Unit B7 Federal Way, WA 98023

Twin Lakes Neighborhood

Estimated Value: $217,000 - $252,127

2 Beds
1 Bath
809 Sq Ft
$368/mo HOA Fee

Last Sold August 20, 2020

Last sale price $155,000 $192 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $1,881/month

12 Days on Market

Highlights

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

About This Home

As of August 2020

Top floor, 2 Bedroom, 1 Bathroom condo suite. Newer kitchen cabinets, private balcony, newer laminate flooring throughout, new double pane vinyl windows. Complex offers basketball court and pool. Easy freeway access, transit routes, shopping, walking distance to Dash Point State Park with miles of trails.

Last Agent to Sell the Property

Russ Mishchuk

Real Estate 2000 Inc. License #8612 Listed on: 06/30/2020

Last Buyer's Agent

Sergio Campos

Best Choice Realty LLC License #26370

Best Choice Realty LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1623534

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,660

Year Built

  • Built in 1977

HOA Fees

  • $368 Monthly HOA Fees

Parking

  • Uncovered Parking

Home Design

  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 809 Sq Ft Home
  • 2-Story Property
  • Insulated Windows
  • Laminate Flooring
  • Territorial Views

Kitchen

  • Electric Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Location

  • Unit is on the top floor
  • Property is near public transit

Schools

  • Twin Lakes Elementary School
  • Lakota Mid Sch Middle School
  • Decatur High School

Utilities

  • Water Heater
  • Cable TV Available

Additional Features

  • Balcony
  • Street terminates at a dead end

Listing and Financial Details

  • Senior Tax Exemptions
  • Assessor Parcel Number 5126000150

Community Details

Overview

  • Association fees include common area maintenance, garbage, lawn service, road maintenance, water/sewer
  • 172 Units
  • Targa Re Services Association
  • Secondary HOA Phone (253) 754-6034
  • Maplewood Condos
  • Twin Lakes Subdivision
  • Park Phone (253) 838-3969 | Manager Michelle

Amenities

  • Laundry Facilities

Recreation

  • Sport Court
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,660

Year Built

Built in 1977

Lot Details

0

HOA Fees

$368 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Year Built: 1977
  • Inclusions: Dishwasher,RangeOven,Refrigerator,LeasedEquipment
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Maplewood
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 809
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: true
  • DwellingType: Attached
  • NumberOfAccessStairs: 9
  • UnitFeatures: Balcony/Deck/Patio,Insulated Windows,Top Floor
  • Special Features: None
  • Cumulative Days on Market: 11

Interior Features

  • Full Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace: No
  • Flooring: Laminate
  • Interior Amenities: Laminate, Cooking-Electric, Water Heater
  • Stories: 2
  • Bathrooms: 1
  • BathsFullMain: 0
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 1
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 2
  • FloorNumberOfUnit: 2
  • AppliancesIncluded: Dishwasher,Range/Oven,Refrigerator
  • StorageLocation: Balcony

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Curbs, Dead End Street
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Structure Type: Multi Family
  • BusLineNearby: true
  • ConstructionMethods: Standard Frame
  • BusRouteNumber: 187

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Uncovered

Utilities

  • Heating Yn: Yes
  • Utilities: Electricity Available, Garbage, Water/Sewer
  • ApplianceHookups: Cooking-Electric
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Community Features: Athletic Court, Cable TV, Laundry Room, Pool
  • Park Manager Name: Michelle
  • Park Manager Phone: 253-838-3969
  • Senior Community: No
  • Association Fee: 368
  • Association Fee Frequency: Monthly
  • Phone: 253-754-6034
  • Association: Yes
  • AssociationContactName: Targa RE Services
  • CommonPropertyFeatures: Athletic Court,Cable TV,Laundry Room,Pool-Outdoor

Fee Information

  • Association Fee Includes: Common Area Maintenance, Garbage, Lawn Service, Road Maintenance, Water/Sewer

Schools

  • Junior High Dist: Federal Way
  • High School: Decatur High
  • Middle Or Junior School: Lakota Mid Sch

Lot Info

  • Parcel Number: 5126000150
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSSquareFootageSource: KCS

Green Features

  • Efficiency: Insulated Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • RentalCap: No Rental Cap

Tax Info

  • Year: 2020
  • Tax Annual Amount: 5

Multi Family

  • Number Of Units In Community: 172
  • EnergySource: Electric
  • UnitsInBuildingTotal: 12

MLS Schools

  • Elementary School: Twin Lakes Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2020
Closed on
Aug 17, 2020
Sold by
Rosas Carina Serrano and Demora Irma De
Bought by
Dela Mora Hinojosa Irma
Seller's Agent
Russ Mishchuk
Real Estate 2000 Inc.
Buyer's Agent
Sergio Campos
Best Choice Realty LLC
List Price
$159,950
Sold Price
$155,000
Premium/Discount to List
-$4,950
-3.09%
Current Estimated Value
$233,782

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,782
Avg. Annual Appreciation
8.77%
Original Mortgage
$124,000
Outstanding Balance
$111,226
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$122,556

Purchase Details

Listed on
Jun 30, 2020
Closed on
Aug 7, 2020
Sold by
Kibirev Elena Nikolaevria
Bought by
Dela Mora Irma and Hernandez Julissa Maria
Seller's Agent
Russ Mishchuk
Real Estate 2000 Inc.
Buyer's Agent
Sergio Campos
Best Choice Realty LLC
List Price
$159,950
Sold Price
$155,000
Premium/Discount to List
-$4,950
-3.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Outstanding Balance
$111,226
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$122,556

Purchase Details

Closed on
Sep 2, 2008
Sold by
James Frank F
Bought by
Kibireva Elena Nikolaevna

Purchase Details

Closed on
Jan 23, 1992
Sold by
Graff Jason
Bought by
James Frank F
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
Dela Mora Hinojosa Irma -- Rainier Title Company
Dela Mora Irma $155,000 Rainier Title
Kibireva Elena Nikolaevna $85,000 Commonwealth L
James Frank F $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dela Mora Irma $124,000
Previous Owner James Frank F $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2020 08/20/20 Sold $155,000 -3.1% $192 / Sq Ft
07/12/2020 07/12/20 Pending -- -- --
07/09/2020 07/09/20 For Sale $159,950 0.0% $198 / Sq Ft
07/05/2020 07/05/20 Pending -- -- --
06/30/2020 06/30/20 For Sale $159,950 -- $198 / 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 $2,660 $226,000 $37,900 $188,100
2023 $2,408 $220,000 $27,300 $192,700
2022 $5 $190,000 $24,300 $165,700
2021 $5 $145,000 $21,200 $123,800
2020 $5 $35,000 $16,700 $18,300
2018 $3 $35,000 $16,700 $18,300
2017 $3 $77,000 $18,200 $58,800
2016 $3 $65,000 $18,200 $46,800
2015 $3 $59,000 $18,200 $40,800
2014 -- $49,000 $16,700 $32,300
2013 -- $35,000 $16,700 $18,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1623534

Northwest Multiple Listing Service (NWMLS)

APN: 512600-0150