NOT LISTED FOR SALE

4920 SW 318th St Unit 10D Federal Way, WA 98023

Twin Lakes Neighborhood

Estimated Value: $340,000 - $357,538

2 Beds
2 Baths
941 Sq Ft
$416/mo HOA Fee

Last Sold July 18, 2023

Last sale price $355,000 $377 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,673/month

2 Days on Market

Highlights

  • Contemporary Architecture
  • End Unit
  • Community Garden
  • Vaulted Ceiling
  • Ground Level Unit
  • Double Oven

About This Home

As of July 2023

Rare 2-car garage 1-story condo with central A/C, a gas fireplace, beautiful new laminate flooring and trim, 2017 hot water tank, and the new $13,000 roof assessment has been paid by the seller in full. Maple cabinets, stainless steel appliances, and a Murphy Bed in the 2nd bedroom. Easy to close it up and use room as an office, or open the bed and use as a 2nd bedroom. Serene back patio in a quiet neighborhood with mature landscaping. Minutes from Dash Point, shopping, schools, and commuting. Come and see it today!

Last Agent to Sell the Property

Susan Krueger

Coldwell Banker Danforth License #23385 Listed on: 06/15/2023

Coldwell Banker Danforth

Last Buyer's Agent

Haaken Bruce Johnson

Windermere RE West Campus Inc License #37081

Windermere RE West Campus Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2126694

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,587

Year Built

  • Built in 1984

Lot Details

  • End Unit
  • Street terminates at a dead end

HOA Fees

  • $416 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 941 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Skylights
  • Gas Fireplace

Kitchen

  • Double Oven
  • Gas Oven or Range
  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Laundry

  • Electric Dryer
  • Washer

Outdoor Features

  • Balcony
  • Patio

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • High Speed Internet

Listing and Financial Details

Community Details

Overview

  • Association fees include common area maintenance, garbage, lawn service, sewer, water
  • 24 Units
  • Jennifer Landon Association
  • Secondary HOA Phone (253) 237-6051
  • Timber Grove Condominium Condos
  • Dash Point Subdivision
  • Park Manager: Christine Corbley

Amenities

  • Community Garden

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,587

Year Built

Built in 1984

Lot Details

0

HOA Fees

$416 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Year Built: 1984
  • Buyer Agency Compensation: 2.5
  • Inclusions: Dishwasher,DoubleOven,Dryer,Microwave,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Contemporary
  • Building Name: Timber Grove Condominium
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 941
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 0
  • RemodeledUpdated: true
  • UnitFeatures: Balcony/Deck/Patio,End Unit,Ground Floor,Primary Bath,Skylights,Vaulted Ceilings
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2126694?w=Consumer&agent=56603
  • Special Features: None
  • Cumulative Days on Market: 479

Interior Features

  • Fireplaces: 1
  • Appliances: Dishwasher, Double Oven, Dryer, Microwave, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Interior Amenities: Balcony/Deck/Patio, Cooking-Gas, Dryer-Electric, Washer, Fireplace
  • Main Level Bedrooms: 2
  • Stories: 1
  • Bathrooms: 1.75
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • FloorNumberOfUnit: 1
  • StorageNo: private garage
  • AppliancesIncluded: Dishwasher,Double Oven,Dryer,Microwave,Refrigerator,Stove/Range,Washer
  • StorageLocation: garage
  • WindowCoverings: yes
  • NWM_NumberOfBathtubs: 1
  • NWM_NumberOfShowers: 2

Exterior Features

  • Roof: Composition
  • Lot Features: Dead End Street, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Stucco, Wood
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Individual Garage

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: Central A/C
  • Cooling Y N: Yes
  • Heating: Forced Air, Heat Pump
  • Heating Yn: Yes
  • ApplianceHookups: Cooking-Gas,Dryer-Electric,Washer
  • WaterHeaterLocation: garage

Condo/Co-op/Association

  • Community Features: Garden Space, High Speed Int Avail
  • Park Manager Name: Christine Corbley
  • Senior Community: No
  • Association Fee: 416
  • Association Fee Frequency: Monthly
  • Phone: 253-237-6051
  • Association: Yes
  • Pets Allowed: Yes
  • Common Interest: Condominium
  • AssociationContactName: Jennifer Landon
  • CommonPropertyFeatures: Garden Space,High Speed Int Avail

Fee Information

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

Schools

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

Lot Info

  • Parcel Number: 8648000240
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSSquareFootageSource: public records

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • RentalCap: At or above Rental Cap (See Remarks)
  • ShortTermRentalYN: false

Tax Info

  • Year: 2022
  • Tax Annual Amount: 2587

Multi Family

  • Number Of Units In Community: 24
  • EnergySource: Electric,Natural Gas
  • UnitsInBuildingTotal: 4

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2023
Closed on
Jul 7, 2023
Sold by
Lodholz Stephen G
Bought by
Strope Julia
Seller's Agent
Susan Krueger
Coldwell Banker Danforth
Buyer's Agent
Haaken Bruce Johnson
Windermere RE West Campus Inc
List Price
$339,950
Sold Price
$355,000
Premium/Discount to List
$15,050
4.43%
Total Days on Market
2
Views
37
Current Estimated Value
$347,885

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,115
Avg. Annual Appreciation
-1.07%

Purchase Details

Listed on
Mar 23, 2019
Closed on
Apr 23, 2019
Sold by
Smith Larry W and Smith Barbara
Bought by
Lodholz Stephen G
Seller's Agent
Peter Gallagher
SASH Realty
Buyer's Agent
Susan Krueger
Coldwell Banker Danforth
List Price
$259,900
Sold Price
$255,000
Premium/Discount to List
-$4,900
-1.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.14%
Original Mortgage
$247,350
Interest Rate
4.3%

Purchase Details

Closed on
Jun 15, 2006
Sold by
Taylor Mark A and Taylor Patricia A
Bought by
Smith Larry W and Smith Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,600
Interest Rate
6.55%

Purchase Details

Closed on
Sep 11, 2002
Sold by
Blue Donald R and Blue Mary Frances
Bought by
Taylor Chris J and Taylor Jacob C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,890
Interest Rate
6.37%

Purchase Details

Closed on
Mar 27, 2000
Sold by
Henderson Lynda and Lloyd Lynda
Bought by
Blue Donald R and Blue Mary Frances

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,400
Interest Rate
8.38%
Source: Public Records

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Range of Values:

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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
Strope Julia $355,000 Rainier Title
Lodholz Stephen G $255,000 Stewart Title
Smith Larry W $204,950 Transnation Ti
Taylor Chris J $137,000 Chicago Title
Blue Donald R $136,500 Washington Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lodholz Stephen G $247,350
Previous Owner Smith Larry W $161,250
Previous Owner Smith Larry W $163,600
Previous Owner Taylor Chris J $128,500
Previous Owner Taylor Chris J $132,890
Previous Owner Blue Donald R $132,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2023 07/18/23 Sold $355,000 +4.4% $377 / Sq Ft
06/17/2023 06/17/23 Pending -- -- --
06/15/2023 06/15/23 For Sale $339,950 +33.3% $361 / Sq Ft
04/25/2019 04/25/19 Sold $255,000 -1.9% $277 / Sq Ft
03/27/2019 03/27/19 Pending -- -- --
03/23/2019 03/23/19 For Sale $259,900 -- $283 / 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 $3,646 $330,000 $73,000 $257,000
2023 $2,913 $303,000 $52,500 $250,500
2022 $2,587 $299,000 $46,700 $252,300
2021 $2,433 $230,000 $40,900 $189,100
2020 $2,242 $203,000 $40,900 $162,100
2018 $2,139 $182,000 $35,000 $147,000
2017 $2,026 $151,000 $35,000 $116,000
2016 $1,983 $143,000 $35,000 $108,000
2015 $1,864 $134,000 $35,000 $99,000
2014 -- $129,000 $35,000 $94,000
2013 -- $105,000 $35,000 $70,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2126694

Northwest Multiple Listing Service (NWMLS)

APN: 864800-0240