NOT LISTED FOR SALE

1010 SW 348th Place Federal Way, WA 98023

Madrona Meadows - Fed Way Neighborhood

Estimated Value: $541,509 - $572,000

3 Beds
2 Baths
1,200 Sq Ft
$463/Sq Ft Est. Value

Last Sold September 22, 2017

Last sale price $315,000 $262 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $3,503/month

8 Days on Market

Highlights

  • Deck
  • Modern Architecture
  • Cul-De-Sac
  • Wood Flooring
  • 1 Fireplace
  • Attached Garage

About This Home

As of September 2017

Single story 3 BR 2 Bth home with large fenced back yard and dog run. Walking distance to Elementary School. Home features air conditioner, hard wood flooring, updated kitchen with eating area and deck. Master bedroom with bath and walk in closet, two additional bedrooms and another full bath. Living room has fireplace, bay window, and vaulted ceiling Now vacant

Last Agent to Sell the Property

Patricia Roragen

Berkshire Hathaway HS NW License #39988 Listed on: 08/07/2017

Berkshire Hathaway HS NW

Last Buyer's Agent

Sheley Bressler

Lake & Company License #80769

Lake & Company

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1174515

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,046

Year Built

  • Built in 1989

Lot Details

  • Cul-De-Sac
  • Dog Run
  • Property is Fully Fenced
  • Level Lot

Parking

  • Attached Garage

Home Design

  • Modern Architecture
  • Concrete Foundation
  • Composition Roof
  • Wood Siding

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Laundry

  • Dryer
  • Washer

Additional Features

  • 1 Fireplace
  • Deck
  • Cable TV Available

Community Details

  • Campus Highlands Community

Listing and Financial Details

  • Assessor Parcel Number 5422430010

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,046

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 10 - 1 Story
  • Architecture: Modern
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1989
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Skylights, Vaulted Ceilings, Walk-In Closet
  • Floor Covering: Hardwood, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 3
  • Bathrooms: 2.00
  • Total Full Bathrooms: 2
  • Main Level Full Bathrooms: 2
  • Master Bedroom: Main
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Dining Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 1200
  • Square Footage Finished: 1200

Exterior Features

  • Exterior: Wood
  • Foundation: Concrete Ribbon
  • Roof: Composition

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 2

Utilities

  • Heating And Cooling: Wall, Ductless Hp-Mini Split
  • Power Company: PSE
  • Sewer: Sewer Connected
  • Sewer Company: Lakehaven
  • Water Company: Lakehaven
  • Water Heater: Garage-electric
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 7
  • Community Name: Campus Highlands
  • Project: Meadowpark Div2

Schools

  • Elementary School: Sherwood Forest Elem
  • School District: FED

Lot Info

  • Lot Number: 1
  • Lot Details: Cul-De-Sac, Paved Street, Sidewalk
  • Lot Dimensions: irreg
  • Lot Sq Ft: 8597
  • Lot Topography Vegetation: Level
  • Parcel Number: 5422430010
  • Zoning Code: Res
  • Zoning Jurisdiction: City
  • Lot Topography: Level

Tax Info

  • Tax Amount: 3264

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2017
Closed on
Sep 6, 2017
Sold by
Hershman Lois F
Bought by
Stockton Billie J
Seller's Agent
Patricia Roragen
Berkshire Hathaway HS NW
Buyer's Agent
Sheley Bressler
Lake & Company
List Price
$305,000
Sold Price
$315,000
Premium/Discount to List
$10,000
3.28%
Current Estimated Value
$555,377

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$240,377
Original Mortgage
$309,294
Outstanding Balance
$265,561
Interest Rate
3.9%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 12, 2000
Sold by
Shears Jennifer L and Ferari Jennifer Lynn
Bought by
Hershman Lois F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,500
Interest Rate
8.38%

Purchase Details

Closed on
Mar 8, 1995
Sold by
Rohm Judy A
Bought by
Karvonen Petri and Karvonen Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,200
Interest Rate
9.03%
Source: Public Records

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Range of Values:

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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
Stockton Billie J $315,000 Wfg Natl Title Co Of Wa Llc
Hershman Lois F $179,500 Stewart Title
Karvonen Petri $124,995 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stockton Billie J $12,732
Open Stockton Billie J $309,294
Previous Owner Hershman Lois F $89,500
Previous Owner Karvonen Petri $121,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2017 09/22/17 Sold $315,000 +3.3% $263 / Sq Ft
08/16/2017 08/16/17 Pending -- -- --
08/07/2017 08/07/17 For Sale $305,000 -- $254 / Sq Ft
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 $5,046 $503,000 $157,000 $346,000
2023 $4,858 $455,000 $131,000 $324,000
2022 $4,483 $491,000 $145,000 $346,000
2021 $3,655 $393,000 $127,000 $266,000
2020 $3,552 $299,000 $84,000 $215,000
2018 $3,603 $283,000 $84,000 $199,000
2017 $3,264 $251,000 $77,000 $174,000
2016 $3,170 $227,000 $70,000 $157,000
2015 $2,938 $211,000 $67,000 $144,000
2014 -- $200,000 $67,000 $133,000
2013 -- $162,000 $63,000 $99,000
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2017

    Patricia Roragen

    Berkshire Hathaway HomeServices Northwest Real Estate

    (253) 230-0217

    Section Image
  • Sheley Bressler

    Buyer's Agent in 2017

    Sheley Bressler

    Lake & Company

    (206) 240-8740

    54 Total Sales

    Sheley Bressler
    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1174515

Northwest Multiple Listing Service (NWMLS)

APN: 542243-0010

Washington King County Federal Way 98023 Madrona Meadows - Fed Way

1010 SW 348th Place, Federal Way, WA

This home is located at 1010 SW 348th Place, Federal Way, WA 98023 since 07 August 2017 and is currently estimated at $555,377, approximately $462 per square foot. This property was built in 1989. 1010 SW 348th Place is a home located in King County with nearby schools including Sherwood Forest Elementary School, Illahee Middle School, and Todd Beamer High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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Based on information submitted to the MLS GRID

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