NOT LISTED FOR SALE

0 39th Ave S Unit NWM2010561 Federal Way, WA 98001

North Lake Neighborhood

Estimated Value: $199,000 - $277,000

2 Acres
$122,166 Price per Acre
87,120 Sq Ft Lot

Last Sold November 30, 2022

Last sale price $180,000

Est. 36% increase in value since last sale

Current estimated payment $1,459/month

1 Day on Market

Highlights

  • 2 Acre Lot
  • Territorial View
  • No HOA
  • Secluded Lot

About This Lot

As of November 2022

Beautiful 2 acre property in the quiet rural Federal Way neighborhood of lovely homes and estates. Property is flat and wooded. Bring your ideas and build your dreams. Buyer to verify all use of property or subdivision possibilities. Easy I-5 access, close to schools, shopping and restaurants. Sellers will look at all offers. Drive by and see this property today. It could be your Next Home!

Last Agent to Sell the Property

Danielle New

NextHome 365 Realty License #21007652 Listed on: 10/25/2022

NextHome 365 Realty

Last Buyer's Agent

Igor Mayster

John L. Scott R.E.Tacoma North License #125422

John L. Scott R.E.Tacoma North

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2010561

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,949

Lot Details

  • 2 Acre Lot
  • Lot Dimensions are 526'x168'x528'x166'
  • Secluded Lot
  • Level Lot
  • Zoning described as RS9.6

Additional Features

  • Territorial Views
  • Sewer Not Available

Community Details

  • No Home Owners Association
  • Federal Way Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1521049153

Property Details

Property Type

Land

Est. Annual Taxes

$1,949

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • StyleCode: 41 - Res-Over 1 Acre
  • MLS Status: Sold
  • Prev Status: Closed
  • CalculatedSquareFootage: 0
  • SeniorExemption: false
  • Restrictions: Unknown
  • AssessmentFees: See Remarks
  • Special Features: None
  • Cumulative Days on Market: 928

Interior Features

  • Possible Use: Residential, See Remarks
  • Fireplace: No
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • View: See Remarks, Territorial
  • Lot Features: Paved, Secluded
  • Road Surface Type: Paved, See Remarks
  • View: Yes
  • Waterfront: No
  • Structure Type: Unspecified
  • RoadInformation: County Maintained,Paved,See Remarks

Garage/Parking

  • Carport Y N: No

Utilities

  • Sewer: Not Available
  • Water Source: Unknown - Verify
  • Electricity On Property: Yes
  • Utilities: Natural Gas Available, Electricity Connected
  • ElectricityStatus: Available
  • GasStatus: Available

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Federal Way
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 1521049153
  • Topography: Level
  • Lot Size Acres: 2
  • Lot Size: 526'x168'x528'x166'
  • Lot Size Sq Ft: 87120
  • Zoning Description: RS9.6
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Public Record
  • ZoningJurisdiction: See Remarks
  • ZoningClass: Residential,See Remarks

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2022
  • Tax Annual Amount: 1949

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2022
Closed on
Nov 29, 2022
Sold by
Romeo A Mayor Survivors Trust
Bought by
Boychev Viktor
Seller's Agent
Danielle New
NextHome 365 Realty
Buyer's Agent
Igor Mayster
John L. Scott R.E.Tacoma North
List Price
$279,000
Sold Price
$180,000
Premium/Discount to List
-$99,000
-35.48%
Total Days on Market
1
Current Estimated Value
$244,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,333
Avg. Annual Appreciation
12.78%

Purchase Details

Closed on
Mar 20, 2017
Sold by
Mayor Romeo A
Bought by
Mayor Romeo A

Purchase Details

Closed on
Jun 28, 2000
Sold by
Mayor Romeo A and Mayor Anita M
Bought by
Mayor Romeo A and Mayor Anita M
Source: Public Records

Similar Property in Federal Way, WA

  • 317 xx 51st Ave SW, Federal Way, WA 98023

    $285,000

    • Land
    • 2.1 Acres
    • $135,714 per Acre
    • 317 xx 51st Ave SW
    • Federal Way, WA

    This property has subdivision potential with water, sewer, and electricity in the street. This property is flat with no environmental issues. The sale includes parcels 102103-9001 and 102103-9040 for a total of 2.10 acres.

    George Harris Coldwell Banker Bain

    Section Image

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Boychev Viktor $180,000 Stewart Title
Mayor Romeo A -- None Available
Mayor Romeo A -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2022 11/30/22 Sold $180,000 -35.5% --
10/26/2022 10/26/22 Pending -- -- --
10/25/2022 10/25/22 For Sale $279,000 -- --
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,948 $212,000 $212,000 --
2023 $2,091 $205,000 $205,000 $0
2022 $1,949 $219,000 $219,000 $0
2021 $1,843 $177,000 $177,000 $0
2020 $1,837 $157,000 $157,000 $0
2018 $1,843 $157,000 $157,000 $0
2017 $1,842 $132,000 $132,000 $0
2016 $1,924 $132,000 $132,000 $0
2015 $1,877 $132,000 $132,000 $0
2014 -- $132,000 $132,000 $0
2013 -- $126,000 $126,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2010561

Northwest Multiple Listing Service (NWMLS)

APN: 152104-9153