Welcome to this charming 850 sq ft condo in Federal Way! This 2-bedroom, 1-bathroom home offers spacious walk-in closets and is located on the second level, providing privacy and beautiful natural light through its large windows. Enjoy the peace of a quiet complex with one covered parking spot and storage in a shared garage, plus additional parking available. Recent updates include fresh paint and new carpet in the bedrooms. Plus, a new roof is scheduled for installation this spring or summer (weather permitting). Close to shopping and restaurants. Don't miss this inviting and move-in-ready home!
Sold
Listed by: eXp Realty • Annie Culp
Bought with: Skyline Properties, Inc.
$260,000
2129 SW 318th Place #D, Federal Way, WA 98023
2beds
850sqft
Multi Family, Condominium
Built in 1977
-- sqft lot
$250,400 Zestimate®
$306/sqft
$1,921 Estimated rent
Home value
$250,400
$230,000 - $273,000
$1,921/mo
Zestimate® history
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List your homeWhat's special
Large windowsFresh paintSpacious walk-in closetsCovered parking spot
Zillow last checked:
Listing updated:
Offers reviewed: Mar 17
Listed by:
Annie Culp,
eXp Realty
Bought with:
Nancy Struthers, 86420
Skyline Properties, Inc.
Source: NWMLS as distributed by MLS GRID,MLS#: 2343355
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Primary bedroom
- Level: Main
Bedroom
- Level: Main
Bathroom full
- Level: Main
Dining room
- Level: Main
Kitchen without eating space
- Level: Main
Living room
- Level: Main
Utility room
- Level: Main
Heating
- Baseboard, Electric
Cooling
- None
Appliances
- Included: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s), Cooking - Electric Hookup, Cooking-Electric, Dryer-Electric, Washer
- Laundry: Electric Dryer Hookup, Washer Hookup
Features
- Flooring: Laminate, Carpet
- Has fireplace: No
Interior area
- Total structure area: 850
- Total interior livable area: 850 sqft
Property
Parking
- Total spaces: 1
- Parking features: Common Garage, Uncovered
- Garage spaces: 1
Features
- Levels: Two
- Stories: 2
- Patio & porch: Cooking-Electric, Dryer-Electric, Laminate, Washer
Lot
- Features: Dead End Street, Paved
Details
- Parcel number: 4215400340
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Condo (2 Levels)
- Property subtype: Multi Family, Condominium
Materials
- Wood Products
- Roof: Composition
Condition
- Year built: 1977
- Major remodel year: 2000
Utilities & green energy
- Electric: Company: Puget Sound Energy
Community & HOA
Community
- Features: Outside Entry
- Subdivision: S Federal Way
HOA
- Services included: Common Area Maintenance
- HOA fee: $374 monthly
- HOA phone: 253-874-5250
Location
- Region: Federal Way
Financial & listing details
- Price per square foot: $306/sqft
- Tax assessed value: $246,000
- Annual tax amount: $2,968
- Offers reviewed: 03/17/2025
- Date on market: 6/3/2025
- Cumulative days on market: 414 days
- Listing terms: Conventional,FHA
- Inclusions: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Price history
| Date | Event | Price |
|---|---|---|
| 5/8/2025 | Sold | $260,000+4%$306/sqft |
Source:  NWMLS as distributed by MLS GRID #2343355 Report a problem | ||
| 3/18/2025 | Pending sale | $250,000$294/sqft |
Source: NWMLS as distributed by MLS GRID #2343355 Report a problem | ||
| 3/13/2025 | Listed for sale | $250,000+47.1%$294/sqft |
Source: NWMLS as distributed by MLS GRID #2343355 Report a problem | ||
| 12/26/2017 | Sold | $170,000-4.8%$200/sqft |
Source: NWMLS as distributed by MLS GRID #1206277 Report a problem | ||
| 11/24/2017 | Pending sale | $178,500$210/sqft |
Source: Federal Way #1206277 Report a problem | ||
| 10/13/2017 | Listed for sale | $178,500-3.6%$210/sqft |
Source: Keller Williams Realty PS #1206277 Report a problem | ||
| 3/26/2007 | Sold | $185,250$218/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,060 +6.6% | $246,000 +0.8% |
| 2024 | $2,870 -3.3% | $244,000 -9.6% |
| 2023 | $2,968 +20.1% | $270,000 +8.4% |
| 2022 | $2,470 +3.5% | $249,000 +19.1% |
| 2021 | $2,386 +1.3% | $209,000 +7.7% |
| 2020 | $2,355 +18% | $194,000 +17.6% |
| 2019 | $1,996 +25.7% | $165,000 +22.2% |
| 2018 | $1,589 -16% | $135,000 +3.1% |
| 2017 | $1,893 +81.6% | $131,000 +18% |
| 2016 | $1,042 | $111,000 +16.8% |
| 2015 | $1,042 | $95,000 +37.7% |
| 2014 | $1,042 | $69,000 +38% |
| 2013 | $1,042 | $50,000 -36.7% |
| 2012 | -- | $79,000 -28.8% |
| 2011 | -- | $111,000 -25% |
| 2010 | -- | $148,000 |
| 2009 | -- | $148,000 -15.1% |
| 2007 | -- | $174,250 |
Find assessor info on the county website
Neighborhood: Twin Lakes
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Nearby schools
GreatSchools rating
- 8/10Twin Lakes Elementary SchoolGrades: PK-5Distance: 1.2 mi
- 5/10Lakota Middle SchoolGrades: 6-8Distance: 0.4 mi
- 4/10Decatur High SchoolGrades: 9-12Distance: 0.3 mi
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Estimated market value
$250,400
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$250,400
- Washington
- King County
- Federal Way
- 98023
- Twin Lakes
- 2129 SW 318th Place Unit D
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