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.
Sold
Listed by:
Stephanie W Callen,
Coldwell Banker Bain
Bought with: Icon Group
$290,000
2007 SW 318th Place #7C, Federal Way, WA 98023
2beds
1,207sqft
Condominium
Built in 1978
-- sqft lot
$286,300 Zestimate®
$240/sqft
$2,428 Estimated rent
Home value
$286,300
$263,000 - $312,000
$2,428/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: April 19, 2025 at 04:03am
Listed by:
Stephanie W Callen,
Coldwell Banker Bain
Bought with:
Josiah Toole, 131144
Icon Group
Source: NWMLS,MLS#: 2331213
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
- Main level bedrooms: 2
Primary bedroom
- Level: Main
Bedroom
- Level: Main
Bathroom three quarter
- Level: Lower
Bathroom full
- Level: Lower
Dining room
- Level: Main
Entry hall
- Level: Main
Kitchen without eating space
- Level: Main
Living room
- Level: Main
Utility room
- Level: Main
Heating
- Fireplace(s)
Cooling
- None
Appliances
- Included: 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
- Laundry: Electric Dryer Hookup, Washer Hookup
Features
- Flooring: Laminate, Vinyl, Carpet
- Windows: Insulated Windows, Coverings: blinds
- Number of fireplaces: 1
- Fireplace features: Wood Burning, Main Level: 1, Fireplace
Interior area
- Total structure area: 1,207
- Total interior livable area: 1,207 sqft
Property
Parking
- Total spaces: 2
- Parking features: Carport
- Has carport: Yes
- Covered spaces: 2
Features
- Levels: One
- Stories: 1
- Entry location: Main
- Patio & porch: Balcony/Deck/Patio, Cooking-Electric, Dryer-Electric, Fireplace, Laminate Hardwood, Wall to Wall Carpet, Washer, Water Heater
- Has view: Yes
- View description: Territorial
Lot
- Features: Paved, Secluded, Sidewalk
Details
- Parcel number: 8561100270
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Metal/Vinyl
- Roof: Composition
Condition
- Year built: 1978
- Major remodel year: 1978
Utilities & green energy
- Electric: Company: Puget Sound Energy
- Utilities for property: Xfinity, Xfinity
Green energy
- Energy efficient items: Insulated Windows
Community & neighborhood
Community
- Community features: Athletic Court, Clubhouse, Fitness Center, Game/Rec Rm, Pool, See Remarks
Location
- Region: Federal Way
- Subdivision: Federal Way
HOA & financial
HOA
- HOA fee: $584 monthly
- Services included: Maintenance Grounds, See Remarks, Sewer, Water
- Association phone: 206-268-3300
Other
Other facts
- Listing terms: Cash Out,Conventional,FHA,See Remarks,VA Loan
- Cumulative days on market: 41 days
Price history
| Date | Event | Price |
|---|---|---|
| 3/19/2025 | Sold | $290,000+3.6%$240/sqft |
Source:  NWMLS #2331213 | ||
| 2/16/2025 | Pending sale | $280,000$232/sqft |
Source: NWMLS #2331213 | ||
| 2/11/2025 | Listed for sale | $280,000+17.2%$232/sqft |
Source: NWMLS #2331213 | ||
| 3/31/2021 | Listing removed | -- |
Source:  Keller Williams | ||
| 1/5/2021 | Listed for sale | $239,000+0.8%$198/sqft |
Source: Keller Williams #1673746 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $524 +23.5% | $195,000 |
| 2023 | $424 -83.9% | $195,000 -25.3% |
| 2022 | $2,627 +8.8% | $261,000 +25.5% |
Find assessor info on the county website
Neighborhood: Lake Ota
Nearby schools
GreatSchools rating
- 3/10Adelaide Elementary SchoolGrades: PK-5Distance: 0.9 mi
- 4/10Lakota Middle SchoolGrades: 6-8Distance: 0.3 mi
- 3/10Decatur High SchoolGrades: 9-12Distance: 0.5 mi
Schools provided by the listing agent
- Elementary: Sunnycrest Elem
- Middle: Lakota Mid Sch
- High: Decatur High
Source: NWMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$286,300
2% more+ $5,726
With Zillow Showcase(estimated)
$292,026