Sold383d on market
2007 SW 318th Place #7C
Federal Way, WA, 98023 • Lake Ota • King County
$290,000
$240/sqft
2Beds
2Baths
1,207Sqft
1978Built
Property DNA
Territorial Views
Territorial
Federal Way
Lake Ota
Outdoor Living
Balcony/Deck/Patio · Cooking-Electric · Dryer-Electric · Fireplace · Laminate Hardwood · Wall to Wall Carpet · Washer · Water Heater
1 Fireplace
Wood Burning · Main Level: 1 · Fireplace
This home is getting attention
Listed 383 days ago · 2 views
Market activity
Demand and pricing signals for this listing
2 views
People checking out this listing
383 days on market
Established listing
$240/sqft
Price per square foot
Selling Soon Prediction
HighThis home ranks in the top 21% 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
Welcome to your serene retreat in Federal Way! This stylish 2-bed, 1.75-bath top floor condo offers 1207 sq ft of modern living space. Enjoy a newly updated kitchen with quartz countertops and stainless appliances, complemented by new light fixtures and flooring. Abundant natural light streams through large windows, leading to a private deck—ideal for moments of tranquility. The condo includes 2 parking spots and access to community amenities such as tennis courts, an activity room, and an outdoor swimming pool. Conveniently located close to shopping, parks, and freeways, with an HOA that covers water, sewer, garbage, and common area maintenance. This home is truly a great place to call your own.
Standout features identified
Our analysis highlights newly updated kitchen, abundant natural light, and private deck as key attractions of this home.
Estimated monthly payment
Based on current rates
$2,389/month
Principal & Interest$1,419
Property Tax$290
Insurance$97
HOA$584
Down payment20% ($58,000)
3%50%
Est. 6.18% rate · 30yr fixed · $232,000 loan
Full calculator →At a glance
Key facts and listing details
TypeCondominium
Year Built1978
HeatingFireplace, Wall Unit(s), Electric
CoolingNone
Parking2 Carport spaces
HOA$584 monthly
Property
Home typeCondo
Sub-typeCondominium
Year built1978
Stories1
Systems
HeatingFireplace, Wall Unit(s), Electric
CoolingNone
RoofComposition
ConstructionMetal/Vinyl
Parking & Outdoor
ParkingCarport
Fireplaces1
Location & Tax
NeighborhoodLake Ota
Annual tax$424
Parcel8561100270
Bathrooms & Fees
Full baths1
HOA$584/mo
Features & details
15 categories of property features
Interior Features
Appliances
Dishwasher(s)
Dryer(s)
Disposal
Microwave(s)
Refrigerator(s)
Stove(s)/Range(s)
Washer(s)
Garbage Disposal
Water Heater: Electric
Water Heater Location: Utility Room
Cooking - Electric Hookup
Cooking-Electric
Dryer-Electric
Washer
Flooring
Laminate
Vinyl
Carpet
Heating
Fireplace
Wall Unit(s)
Electric
Cooling
None
Laundry
Electric Dryer Hookup
Washer Hookup
Fireplace
Wood Burning
Main Level: 1
Fireplace
Windows
Insulated Windows
Coverings: blinds
Green/Energy
Insulated Windows
Exterior Features
Parking
Carport
Construction
Metal/Vinyl
Patio & Porch
Balcony/Deck/Patio
Cooking-Electric
Dryer-Electric
Fireplace
Laminate Hardwood
Wall to Wall Carpet
Washer
Water Heater
Lot Features
Paved
Secluded
Sidewalk
Community
Athletic Court
Clubhouse
Fitness Center
Game/Rec Rm
Pool
See Remarks
Views
Territorial
Utilities
Xfinity
Xfinity
Room details
9 rooms detailed
Master Bedroom
MainBedroom
MainBathroom Full
LowerBathroom Three Quarter
LowerDining Room
MainEntry Hall
MainListing insights
Market data and value estimates
StatusSold
Days on market383
Est. value$287,400
Est. rent$2,467/mo
Tax rate0.82%
Price/sqft$240
On marketApr 13, 2025
PostedFeb 11, 2025
Last sold$290,000
MLS statusSold
MLS updatedApr 19, 2025
Tour days6
Views2
How are the schools in Federal Way?
3 schools rated nearby
Location
Federal Way, WA, 98023
Price history
8 events
DateEventPrice$/sqftSource
Mar 19, 2025Sold$290,000$240NWMLS as distributed by MLS GRID
Feb 16, 2025Pending Sale$280,000$232NWMLS as distributed by MLS GRID
Feb 11, 2025Listed For Sale$280,000$232NWMLS as distributed by MLS GRID
Mar 31, 2021Listing Removed——Keller Williams
Jan 5, 2021Listed For Sale$239,000$198Keller Williams
Nov 20, 2020Sold$237,000$196NWMLS as distributed by MLS GRID
Oct 23, 2020Pending Sale$239,000$198Keller Williams Realty PS
Oct 16, 2020Listed For Sale$239,000$198Keller Williams Realty PS
Sold$290,000
Mar 19, 2025•$240/sqft•NWMLS as distributed by MLS GRID
Pending Sale$280,000
Feb 16, 2025•$232/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$280,000
Feb 11, 2025•$232/sqft•NWMLS as distributed by MLS GRID
Listing Removed—
Mar 31, 2021•Keller Williams
Listed For Sale$239,000
Jan 5, 2021•$198/sqft•Keller Williams
Sold$237,000
Nov 20, 2020•$196/sqft•NWMLS as distributed by MLS GRID
Pending Sale$239,000
Oct 23, 2020•$198/sqft•Keller Williams Realty PS
Listed For Sale$239,000
Oct 16, 2020•$198/sqft•Keller Williams Realty PS
Tax history
21 years of records
YearTax paidAssessed value
Apr 7, 2024$524$195,000
Apr 7, 2023$424$195,000
Apr 7, 2022$2,627$261,000
Apr 7, 2021$2,415$208,000
Apr 7, 2020$2,403$195,000
Apr 7, 2019$2,146$176,000
Apr 7, 2018$1,913$162,000
Apr 7, 2017$2,052$141,000
Apr 7, 2016$1,402$123,000
Apr 7, 2015$1,402$109,000
Apr 7, 2014$1,402$93,000
Apr 7, 2013$1,402$64,000
Apr 7, 2012—$81,000
Apr 7, 2011—$117,000
Apr 7, 2010—$150,000
Apr 7, 2009—$150,000
Apr 7, 2007—$149,000
Apr 7, 2006—$130,000
Apr 7, 2005—$123,000
Apr 7, 2001$1,128$81,800
Apr 7, 2000$971$67,000
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
Similar homes
Based on information submitted to the MLS GRID as of 2026-04-07 08:03:28 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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