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    • Listed by: Coldwell Banker Bain • Carrie Barrett
    Price cut: $5.5K (6/23)
    $279,500

    1721 SW 318th Place #48D, Federal Way, WA 98023

    2beds
    1,184sqft
    : 
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    Condominium
    Built in 1978
    -- sqft lot
    $279,900 Zestimate®
    $236/sqft
    $609/mo HOA

    What's special

    Guest and rv parkingSpacious primary bedroomSpacious fenced patioSport courtSeparate storage closetFirst-floor entryDedicated vanity area
    Bright and open two-story condominium with first-floor entry in the Tall Firs community, move-in ready. Updated carpets & paint. Open main-level living space features a large sliding glass door for natural light and access to a spacious fenced patio with a separate storage closet. Peninsula kitchen counter provides additional workspace and storage. Upper level includes laundry, two bedrooms with ample storage, and a full bath; the spacious primary bedroom features a dedicated vanity area. Half bath on main level. All appliances included, 2021 and newer. One assigned carport parking space. Community amenities include outdoor pool, clubhouse/cabana, sport court, exercise room, guest and RV parking. Pets allowed with restrictions. HOA includes water, sewer, and garbage. Virtually staged.
    86 days
    |
    178
    |
    11
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Carrie Barrett,

    Coldwell Banker Bain

    Source: NWMLS as distributed by MLS GRID,MLS#: 2502114MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 1
      • 1/2 bathrooms: 1
      • Main level bathrooms: 1
      Primary bedroom
      • Level: Second
      Bathroom full
      • Level: Second
      Other
      • Level: Main
      Entry hall
      • Level: Main
      Kitchen without eating space
      • Level: Main
      Living room
      • Level: Main
      Heating
      • Wall Furnace, Electric
      Cooling
      • None
      Appliances
      • Included: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer, Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Washer(s), Water Heater: Electric, Water Heater Location: Closet on main floor
      Features
      • Flooring: Laminate, Carpet
      • Windows: Coverings: Vertical blinds
      • Has fireplace: No
      Interior area
      • Total structure area: 1,184
      • Total interior livable area: 1,184 sqft

      Property

      Parking
      • Total spaces: 1
      • Parking features: Carport
      • Has carport: Yes
      • Covered spaces: 1
      Features
      • Levels: Two
      • Stories: 2
      • Entry location: Main
      • Patio & porch: Ground Floor, Walk-In Closet(s), Water Heater
      • Spa features: Community
      Lot
      • Features: Paved
      Details
      • Parcel number: 8561101890
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: Condo
      • Architectural style: Condo (2 Levels)
      • Property subtype: Condominium
      Materials
      • Metal/Vinyl
      • Roof: Composition
      Condition
      • Year built: 1978

      Utilities & green energy

      • Electric: Company: Puget Sound Energy
      • Sewer: Company: Lakehaven
      • Water: Company: Lakehaven

      Community & HOA

      Community
      • Features: Athletic Court, Clubhouse, Pool, Sauna
      • Subdivision: Lakota
      HOA
      • Services included: Common Area Maintenance, Maintenance Grounds, Road Maintenance, Sewer, Water
      • HOA fee: $609 monthly
      Location
      • Region: Federal Way

      Financial & listing details

      • Price per square foot: $236/sqft
      • Tax assessed value: $282,000
      • Annual tax amount: $3,418
      • Date on market: 4/26/2026
      • Cumulative days on market: 77 days
      • Listing terms: Conventional
      • Inclusions: Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)

        Estimated market value

        $279,900

        $266,000 - $294,000

        $2,178/mo

        Price history

        DateEventPrice
        6/23/2026Price change$279,500-1.9%$236/sqft
        Source: NWMLS as distributed by MLS GRID #2502114 Report a problem
        5/17/2026Listed for sale$285,000$241/sqft
        Source: NWMLS as distributed by MLS GRID #2502114 Report a problem
        5/7/2026Pending sale$285,000$241/sqft
        Source: NWMLS as distributed by MLS GRID #2502114 Report a problem
        5/1/2026Price change$285,000-1.7%$241/sqft
        Source: NWMLS as distributed by MLS GRID #2502114 Report a problem
        4/16/2026Listed for sale$290,000+7.4%$245/sqft
        Source: NWMLS as distributed by MLS GRID #2502114 Report a problem
        5/5/2021Sold$270,000+10.2%$228/sqft
        Source: NWMLS as distributed by MLS GRID #1755424 Report a problem
        4/11/2021Pending sale$245,000$207/sqft
        Source: Local MLS #1755424 Report a problem
        4/9/2021Listed for sale$245,000+61.2%$207/sqft
        Source: Local MLS #1755424 Report a problem
        9/21/2005Sold$152,000$128/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,565 +4.3%$282,000 -2.1%
        2024$3,418 +7.3%$288,000 +0.7%
        2023$3,184 +22.5%$286,000 +10.9%
        2022$2,599 +9.1%$258,000 +25.9%
        2021$2,382 +0.1%$205,000 +6.2%
        2020$2,379 +12.1%$193,000 +10.9%
        2019$2,123 +12.9%$174,000 +9.4%
        2018$1,880 -7.2%$159,000 +14.4%
        2017$2,024 +45.9%$139,000 +14.9%
        2016$1,388 $121,000 +12%
        2015$1,388 $108,000 +17.4%
        2014$1,388 $92,000 +48.4%
        2013$1,388 $62,000 -15.1%
        2012-- $73,000 -36%
        2011-- $114,000 -23%
        2010-- $148,000
        2009-- $148,000 -2.6%
        2007-- $152,000 +13.4%
        2006-- $134,000 +5.5%
        2005-- $127,000 +52.8%
        2001$1,145 +16.2%$83,100 +22%
        2000$986 $68,100
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Lake Ota

        Getting around

        39 / 100
        Car-Dependent
        35 / 100
        Some Transit
        36 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Adelaide Elem
        • Middle: Lakota Mid Sch
        • High: Decatur High

        Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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