Sold462d on market
2024 SW 318th Place #2A
Federal Way, WA, 98023 • Lake Ota • King County
$320,000
$220/sqft
3Beds
2Baths
1,454Sqft
1978Built
Property DNA
Federal Way
Lake Ota
Outdoor Living
Fireplace · Laminate
1 Fireplace
Wood Burning · Main Level: 1 · Fireplace
This home is in high demand
Listed 462 days ago · 1 views · Top 8% likely to sell soon
Market activity
Demand and pricing signals for this listing
1 views
People checking out this listing
462 days on market
Established listing
$220/sqft
Price per square foot
Selling Soon Prediction
Very HighThis home ranks in the top 8% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Condo · Built 1978
Experience modern living in a beautifully renovated 3-bed, 2-bath condo. The stylish kitchen features brand new cabinets, sleek new appliances & stunning quartz countertops. Enjoy the fresh, updated look with new LVP flooring throughout & freshly painted walls. The spacious dining & living area includes a cozy wood-burning fireplace, perfect for relaxing evenings. Updated bathrooms boast new cabinetry, flooring, lighting, mirrors, & plumbing fixtures. The expansive primary suite offers a large walk-in closet and a private en-suite. Located in a vibrant community with a wealth of amenities, including a cabana, pool, sauna, tennis court, clubhouse, and RV & boat parking. Bring your offers today!
Standout features identified
Our analysis highlights cozy wood-burning fireplace, sleek new appliances, and rv and boat parking as key attractions of this home.
Estimated monthly payment
Based on current rates
$2,636/month
Principal & Interest$1,565
Property Tax$320
Insurance$107
HOA$644
Down payment20% ($64,000)
3%50%
Est. 6.18% rate · 30yr fixed · $256,000 loan
Full calculator →At a glance
Key facts and listing details
TypeCondominium
Year Built1978
HeatingFireplace, Baseboard, Electric
CoolingNone
Parking1 Carport space
HOA$644 monthly
Property
Home typeCondo
Sub-typeCondominium
Year built1978
Stories1
Systems
HeatingFireplace, Baseboard, Electric
CoolingNone
RoofComposition
ConstructionWood Siding
Parking & Outdoor
ParkingCarport, RV Parking, RV Parking
Fireplaces1
Location & Tax
NeighborhoodLake Ota
Annual tax$3,575
Parcel8561100050
Bathrooms & Fees
Full baths1
HOA$644/mo
Features & details
12 categories of property features
Interior Features
Appliances
Dishwasher(s)
Dryer(s)
Microwave(s)
Refrigerator(s)
Stove(s)/Range(s)
Washer(s)
Flooring
Laminate
Heating
Fireplace
Baseboard
Electric
Cooling
None
Fireplace
Wood Burning
Main Level: 1
Fireplace
Windows
Insulated Windows
Coverings: Blinds
Green/Energy
Insulated Windows
Exterior Features
Parking
Carport
RV Parking
RV Parking
Construction
Wood Siding
Patio & Porch
Fireplace
Laminate
Lot Features
Paved
Community
Athletic Court
Cable TV
Clubhouse
Outside Entry
Pool
RV Parking
Sauna
Room details
10 rooms detailed
Master Bedroom
MainBedroom
MainBedroom
MainBathroom Full
MainBathroom Three Quarter
MainDining Room
MainListing insights
Market data and value estimates
StatusSold
Days on market462
Est. value$315,300
Est. rent$2,452/mo
Tax rate0.82%
Price/sqft$220
On marketOct 3, 2024
PostedNov 12, 2024
Last sold$320,000
MLS statusSold
MLS updatedJan 30, 2025
Tour days6
Views1
How are the schools in Federal Way?
3 schools rated nearby
Location
Federal Way, WA, 98023
Price history
7 events
DateEventPrice$/sqftSource
Dec 30, 2024Sold$320,000$220NWMLS as distributed by MLS GRID
Dec 4, 2024Pending Sale$320,000$220NWMLS as distributed by MLS GRID
Nov 12, 2024Listed For Sale$320,000$220NWMLS as distributed by MLS GRID
Aug 31, 2005Sold$162,000$111Public Record
Aug 30, 2002Sold$126,950$87Public Record
Jul 30, 2001Sold$124,000$85Public Record
Oct 20, 2000Sold$89,950$62Public Record
Sold$320,000
Dec 30, 2024•$220/sqft•NWMLS as distributed by MLS GRID
Pending Sale$320,000
Dec 4, 2024•$220/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$320,000
Nov 12, 2024•$220/sqft•NWMLS as distributed by MLS GRID
Sold$162,000
Aug 31, 2005•$111/sqft•Public Record
Sold$126,950
Aug 30, 2002•$87/sqft•Public Record
Sold$124,000
Jul 30, 2001•$85/sqft•Public Record
Sold$89,950
Oct 20, 2000•$62/sqft•Public Record
Tax history
21 years of records
YearTax paidAssessed value
Apr 7, 2024$3,777$320,000
Apr 7, 2023$3,576$323,000
Apr 7, 2022$2,941$294,000
Apr 7, 2021$2,700$234,000
Apr 7, 2020$2,684$219,000
Apr 7, 2019$2,438$201,000
Apr 7, 2018$2,183$186,000
Apr 7, 2017$2,373$164,000
Apr 7, 2016$1,643$140,000
Apr 7, 2015$1,643$131,000
Apr 7, 2014$1,643$110,000
Apr 7, 2013$1,643$73,000
Apr 7, 2012—$89,000
Apr 7, 2011—$131,000
Apr 7, 2010—$168,000
Apr 7, 2009—$168,000
Apr 7, 2007—$173,000
Apr 7, 2006—$151,000
Apr 7, 2005—$140,000
Apr 7, 2001$1,348$98,700
Apr 7, 2000$1,152$80,400
Nearby homes
Neighborhood details
Local context around this listing
Federal Way, WA • King County
Nearby neighborhoods
AdelaideAlderbrookCampus HighlandsLaurelwoodMadronaMirror LakeRedondoSteel LakeTwin LakesWest Campus
Nearby cities
AuburnBellevueBothellFederal WayKentKirklandRedmondRenton
Nearby zip codes
98003980239806398093
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Based on information submitted to the MLS GRID as of 2026-04-07 04:23:27 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#39)
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