Listed by RE/MAX Eastside Brokers, Inc., Bought with RE/MAX Extra Inc.
NOT LISTED FOR SALE

4601 SW 320th St Unit E1 Federal Way, WA 98023

Twin Lakes Neighborhood

Estimated Value: $229,000 - $259,000

3 Beds
1.5 Baths
993 Sq Ft
$504/mo HOA Fee

Last Sold July 16, 2024

Last sale price $250,000 $252 Per Sq Ft

Current estimated payment $2,111/month

13 Days on Market

Highlights

  • Property is near public transit
  • Community Pool
  • Bathroom on Main Level
  • Ground Level Unit
  • Sport Court
  • Baseboard Heating

About This Home

As of July 2024

Welcome to Maplewood Condos, 4601 SW 320th St #E1, Federal Way! A rare opportunity to own this beautifully updated 3-bedroom unit. With its practical layout and thoughtful design, this home provides the perfect balance of comfort and functionality. Revel in the convenience of nearby amenities, including picturesque parks, excellent transportation options, and diverse shopping venues. Explore the vibrant culinary scene, with an array of dining experiences. Don't miss the Maplewood community amenities such as Athletic court and Pool! Walking distance to Dash Point State Park! Community utility space (washers & dryers) is located to the right of the E building.

Last Agent to Sell the Property

Jeremiah Kerk

RE/MAX Eastside Brokers, Inc. License #111158 Listed on: 05/29/2024

Last Buyer's Agent

Don Goethals

RE/MAX Extra Inc. License #5573

RE/MAX Extra Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2243425

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,138

Year Built

  • Built in 1977

Lot Details

  • 11.63

HOA Fees

  • $504 Monthly HOA Fees

Parking

  • Uncovered Parking

Home Design

  • Composition Roof
  • Wood Siding
  • Stucco
  • Wood Composite

Interior Spaces

  • 993 Sq Ft Home
  • 2-Story Property

Kitchen

  • Electric Oven or Range
  • Stove
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Bathroom on Main Level

Location

  • Ground Level Unit
  • Property is near public transit

Schools

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

Utilities

  • Baseboard Heating
  • Heating System Mounted To A Wall or Window
  • Water Heater

Listing and Financial Details

Community Details

Overview

  • Association fees include common area maintenance, garbage, lawn service, road maintenance, sewer, water
  • 172 Units
  • Correna Hill W. Targa Re Association
  • Secondary HOA Phone (253) 754-6047
  • Maplewood Condos
  • Federal Way Subdivision
  • Park Phone (253) 838-3969 | Manager Michelle of Maplewood

Amenities

  • Laundry Facilities

Recreation

  • Sport Court
  • Community Pool

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,138

Year Built

Built in 1977

Lot Details

0

HOA Fees

$504 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Year Built: 1977
  • Buyer Agency Compensation: 3%
  • Inclusions: Dishwashers,GarbageDisposal,Refrigerators,StovesRanges
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Maplewood Condos
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 993
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 1
  • RemodeledUpdated: true
  • UnitFeatures: Ground Floor
  • SOCComments: 3%
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2243425?w=Consumer&agent=93463
  • Special Features: None
  • Cumulative Days on Market: 423

Interior Features

  • Appliances: Dishwasher(s), Disposal, Refrigerator(s), Stove(s)/Range(s)
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet, Cooking-Electric, Water Heater
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Stories: 2
  • Bathrooms: 1.5
  • BathsFullMain: 1
  • FireplacesMain: 0
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • FloorNumberOfUnit: 1
  • AppliancesIncluded: Dishwasher(s),Garbage Disposal,Refrigerator(s),Stove(s)/Range(s)
  • FireplacesLower: 0
  • FireplacesUpper: 0
  • StorageLocation: Patio
  • WindowCoverings: Yes
  • NWM_NumberOfBathtubs: 1

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Stucco, Wood, Wood Products
  • Structure Type: Multi Family
  • BusLineNearby: true

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Wall Unit(s)
  • Heating Yn: Yes
  • ApplianceHookups: Cooking-Electric
  • WaterHeaterLocation: Storage on patio
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Community Features: Athletic Court, Laundry Room, Pool
  • Park Manager Name: Michelle of Maplewood
  • Park Manager Phone: 253-838-3969
  • Senior Community: No
  • Association Fee: 504
  • Association Fee Frequency: Monthly
  • Phone: 253-754-6047
  • Association: Yes
  • Pets Allowed: Cats OK, Dogs OK, Subj to Restrictions
  • Common Interest: Condominium
  • AssociationContactName: Correna Hill w. Targa RE
  • CommonPropertyFeatures: Athletic Court,Laundry Room,Pool-Outdoor

Fee Information

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

Schools

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

Lot Info

  • Parcel Number: 5126000370
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Public
  • MLSSquareFootageSource: Public

Green Features

  • Power Production Type: Electric

Rental Info

  • RentalCap: No Rental Cap
  • ShortTermRentalYN: false

Tax Info

  • Year: 2023
  • Tax Annual Amount: 2137.7
  • AdditionalTaxIds: 5126000370,512600037000

Multi Family

  • Number Of Units In Community: 172
  • EnergySource: Electric
  • UnitsInBuildingTotal: 8

MLS Schools

  • Elementary School: Twin Lakes Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2024
Closed on
Jul 15, 2024
Sold by
Newman John
Bought by
Newman Wyitt
Seller's Agent
Jeremiah Kerk
RE/MAX Eastside Brokers, Inc.
Buyer's Agent
Don Goethals
RE/MAX Extra Inc.
List Price
$249,950
Sold Price
$250,000
Premium/Discount to List
$50
0.02%
Views
32
Current Estimated Value
$250,466

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$466
Avg. Annual Appreciation
0.62%
Original Mortgage
$212,500
Outstanding Balance
$210,816
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$40,889

Purchase Details

Listed on
May 29, 2024
Closed on
Jul 5, 2024
Sold by
Welch Joseph F
Bought by
Newman Wyitt
Seller's Agent
Jeremiah Kerk
RE/MAX Eastside Brokers, Inc.
Buyer's Agent
Don Goethals
RE/MAX Extra Inc.
List Price
$249,950
Sold Price
$250,000
Premium/Discount to List
$50
0.02%
Views
32

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,500
Outstanding Balance
$210,816
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$40,889

Purchase Details

Closed on
May 20, 2009
Sold by
Newman Michael D
Bought by
Welch Joseph F and Yeh Lillian

Purchase Details

Closed on
Nov 23, 2005
Sold by
Orlova Endicott Marina
Bought by
Newman Michael D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,700
Interest Rate
8.55%

Purchase Details

Closed on
Jun 25, 2001
Sold by
Zekov Jordan
Bought by
Orlova Endicott Marina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,641,250
Interest Rate
7.14%

Purchase Details

Closed on
Jun 16, 1999
Sold by
Howard Lavonne L
Bought by
Zekov Jordan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,100
Interest Rate
7.87%
Source: Public Records

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
Newman Wyitt $313 Rainier Title
Newman Wyitt $250,000 Rainier Title
Welch Joseph F $81,000 Chicago Title
Newman Michael D $100,700 Ticor National
Orlova Endicott Marina $65,000 Old Republic Title
Zekov Jordan $58,000 Old Republic Title Ltd
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Newman Wyitt $212,500
Previous Owner Newman Michael D $100,700
Previous Owner Orlova Endicott Marina $100,000
Previous Owner Orlova Endicott Marina $1,641,250
Previous Owner Zekov Jordan $55,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2024 07/16/24 Sold $250,000 0.0% $252 / Sq Ft
06/11/2024 06/11/24 Pending -- -- --
05/29/2024 05/29/24 For Sale $249,950 -- $252 / 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 $2,906 $247,000 $42,400 $204,600
2023 $2,545 $233,000 $30,500 $202,500
2022 $1,889 $217,000 $27,100 $189,900
2021 $1,700 $166,000 $23,700 $142,300
2020 $1,558 $140,000 $23,700 $116,300
2018 $1,306 $108,000 $20,300 $87,700
2017 $1,082 $91,000 $20,300 $70,700
2016 $1,084 $75,000 $20,300 $54,700
2015 $873 $72,000 $20,300 $51,700
2014 -- $59,000 $18,600 $40,400
2013 -- $40,000 $18,600 $21,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2243425

Northwest Multiple Listing Service (NWMLS)

APN: 512600-0370