Listed by Better Properties RE King, Bought with WeLakeside
$260,000
SOLD MAR 20, 2020
3 Beds
3 Baths
1,090 Sq Ft
8 Acres

Recently Sold

$239 Per Sq Ft

4 Days on Market

Highlights

  • Territorial View
  • Wood Flooring
  • 1 Fireplace

About This Home

As of March 2020

Remodeled 3 bedroom, 2.5 bath 1,090sq ft end unit townhome at Forest Lane. High end HW floor on main. New water heater. Newer paint. Huge kitchen with abundant cabinetry and large pantry. Living room with wood burning fireplace looks out onto private patio. 3 bedrooms upstairs all with plenty of light. Spacious Master suite with vaulted ceiling and private bathroom. Beautifully maintained & well cared. Ready to move in & Relax. Close to amenities, trails & freeways.

Last Agent to Sell the Property

Mike Yun

Better Properties RE King License #26066 Listed on: 02/12/2020

Better Properties RE King

Last Buyer's Agent

Minjoo Kim

WeLakeside License #81626

WeLakeside

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1564359

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,663

Year Built

  • Built in 1990

Home Design

  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Territorial Views

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet

Parking

  • Carport
  • Uncovered Parking

Listing and Financial Details

  • Assessor Parcel Number 2596200050

Community Details

Overview

  • Federal Way Community

Pet Policy

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,663

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 32 - Townhouse
  • Entrance Level: Main
  • Unit Floor Number: 2
  • Year Built: 1990
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Hardwood, Wall To Wall Carpet
  • Remodeled: Y
  • Remodeled Updated: Y
  • Appliance Hookups: Cooking-Electric, Dryer-Electric, Washer
  • Appliances That Stay: Dishwasher, Garbage Disposal, Range/Oven, Refrigerator
  • Bedrooms: 3.00
  • Bathrooms: 2.50
  • Total Full Bathrooms: 2
  • Total Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplace Type: Wood
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Storage: Within Unit
  • Estimated Sq Ft: 1090

Exterior Features

  • Exterior: Metal/Vinyl
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Numberof Assigned Spaces: 1
  • Parking Type: Carport, Uncovered

Utilities

  • Heating And Cooling: Baseboard
  • Water Heater: Storage Under the Stairs-Electric

Condo/Co-op/Association

  • HOA Fees: 317
  • Community Name: Federal Way
  • Project: Forest Lane
  • Cats And Dogs: Subj To Restrictions
  • Association Contact: David (360) 292-1125
  • Common Property Features: High Speed Int Avail, Trails
  • Home Owner Dues Included: Earthquake Ins., Garbage, Water/Sewer, Snow Removal, Common Area Maintenance, Lawn Service
  • Unit Features: Balcony/Deck/Patio, End Unit, Ground Floor, Insulated Windows, Master Bath, Walk-In Closet

Schools

  • Elementary School: Rainier View Elem
  • Middle School: Sequoyah Mid Sch
  • High School: Todd Beamer High
  • School District: FED

Lot Info

  • Lot Details: Sidewalk
  • Parcel Number: 2596200050

Tax Info

  • Tax Amount: 2103

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2020
Closed on
Mar 17, 2020
Sold by
Choi Jeong W
Bought by
Woo Insook
Seller's Agent
Mike Yun
Better Properties RE King
Buyer's Agent
Minjoo Kim
WeLakeside
List Price
$260,000
Sold Price
$260,000
Current Estimated Value
$361,741

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,741
Avg. Annual Appreciation
6.30%
Original Mortgage
$195,000
Outstanding Balance
$174,237
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$186,504

Purchase Details

Closed on
May 24, 2011
Sold by
Morgan Owen C and Morgan Audrey M
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Sep 25, 2006
Sold by
Earls Wayman W and Earls Aisha
Bought by
Morgan Owen C and Morgan Audrey M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,200
Interest Rate
7.6%

Purchase Details

Closed on
Feb 26, 2004
Sold by
Tran Paul and Tran Thu
Bought by
Earls Wayman W and Earls Aisha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
6.52%

Purchase Details

Closed on
Apr 13, 1999
Sold by
Pryor John W
Bought by
Tran Paul K and Tran Thu T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,500
Interest Rate
7.1%

Purchase Details

Closed on
Sep 1, 1992
Sold by
Polygon Apartment
Bought by
Pryor John W
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 Type Sale Price Title Company
Warranty Deed $260,000 First American Title
Warranty Deed $117,000 None Available
Warranty Deed $189,000 First American
Warranty Deed $145,000 Fidelity Natio
Warranty Deed $107,500 Fidelity National Title Co
Warranty Deed $82,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $195,000 New Conventional
Previous Owner $151,200 No Value Available
Previous Owner $116,000 No Value Available
Previous Owner $81,500 No Value Available
Closed $29,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2020 03/20/20 Sold $260,000 0.0% $239 / Sq Ft
02/16/2020 02/16/20 Pending -- -- --
02/12/2020 02/12/20 For Sale $260,000 +471.4% $239 / Sq Ft
04/02/2012 04/02/12 Sold $45,500 0.0% $42 / Sq Ft
02/29/2012 02/29/12 Pending -- -- --
08/09/2011 08/09/11 For Sale $45,500 -- $42 / 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 $3,663 $326,000 $30,700 $295,300
2023 $3,727 $344,000 $23,200 $320,800
2022 $2,783 $316,000 $22,300 $293,700
2021 $2,711 $247,000 $18,600 $228,400
2020 $2,530 $226,000 $18,600 $207,400
2018 $2,384 $183,000 $18,600 $164,400
2017 $1,769 $168,000 $14,900 $153,100
2016 $1,583 $124,000 $14,900 $109,100
2015 $1,303 $106,000 $14,900 $91,100
2014 -- $89,000 $14,900 $74,100
2013 -- $68,000 $14,900 $53,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1564359

Northwest Multiple Listing Service (NWMLS)

APN: 259620-0050