Welcome to a truly remarkable view property, located in an amazing community with beach access. This renovated mid-century modern home offers incredible views of Puget Sound and the Olympic Mountains. Great room concept living with original wood beam ceilings and floor-to-ceiling windows, it exudes timeless charm while incorporating modern amenities. The lower-level living space presents an opportunity for a potential MIL, adding versatility to this already desirable property. Large rec room/media space with a wet bar or kitchenette area. The bonus room is perfect for a guest space, gym, or hobby/craft room. The mud room/utility space could be a 4th bedroom. Don't miss out--Beautiful blend of elegance, coveted location, and stunning views!
Power Production Type: Electric, Natural Gas, Wood
Rental Info
Furnished: Unfurnished
Tax Info
Year: 2023
Tax Annual Amount: 7465
Multi Family
EnergySource: Electric,Natural Gas,Wood
MLS Schools
Elementary School: Buyer To Verify
Ownership History
DateNameOwned ForOwner Type
Oct 2023 - PresentRichman Mark1 Year and 7 Months
Private Individual
Purchase Details
Listed on
Jul 13, 2023
Closed on
Oct 10, 2023
Sold by
Berggren Cara E and Berggren Daniel J
Bought by
Richman Mark
Seller's Agent
Carla Clark
KW Mountains to Sound Realty
Buyer's Agent
Ted Coronel
Redfin
List Price
$1,250,000
Sold Price
$1,199,950
Premium/Discount to List
-$50,050
-4%
Total Days on Market
74
Views
52
Current Estimated Value
$971,191
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$228,759
Avg. Annual Appreciation
-12.31%
Original Mortgage
$425,000
Outstanding Balance
$418,257
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$552,934
Sep 2013 - Oct 2023Berggren Cara E and Berggren Daniel J10 Years and 1 Month
Private Individual
Purchase Details
Listed on
Jul 19, 2013
Closed on
Sep 6, 2013
Sold by
Spouse Norma Jean
Bought by
Berggren Cara E and Berggren Daniel J
Seller's Agent
Gabriele Hugo
Realogics Sotheby's Int'l Rlty
Buyer's Agent
Cheryl Pederson
KW Mountains to Sound Realty
List Price
$525,000
Sold Price
$525,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.53%
Original Mortgage
$420,000
Interest Rate
4.27%
Mortgage Type
New Conventional
Mar 2004 - Sep 2013Spouse Henry R E and Spouse Norma Jean9 Years and 6 Months
Private Individual
Purchase Details
Closed on
Mar 9, 2004
Sold by
Spouse Norma Jean and Spouse Henry R E
Bought by
Spouse Henry R E and Spouse Norma Jean
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
5.12%
Mortgage Type
New Conventional
Dec 2002 - Mar 2004Spouse Henry R E and Spouse Norma Jean1 Year and 3 Months
Private Individual
Purchase Details
Closed on
Dec 3, 2002
Sold by
Tennent T Alex and Tennent Patricia
Bought by
Spouse Henry R E and Spouse Norma Jean
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
6.28%
Jun 2002 - Dec 2002Tennent T Alex and Tennent Patricia6 Months
Private Individual
Purchase Details
Closed on
Jun 27, 2002
Sold by
Porter E Louise H
Bought by
Tennent T Alex and Tennent Patricia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,900
Interest Rate
6.86%
Sep 1971 - Jun 2002Porter Robert M and Louise H Porter E30 Years and 9 Months
Private Individual
Purchase Details
Closed on
Sep 9, 1971
Sold by
Mccoy Frederick L and Mccoy Viola B
Bought by
Porter Robert M and Louise H Porter E
Map
Range of Values:
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Average Value
Not Available
List Price
Sold Price
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Source: Northwest Multiple Listing Service (NWMLS)
Tax History
Year
Tax Paid
Tax AssessmentTax 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
$7,664
$784,000
$328,000
$456,000
2023
$7,465
$709,000
$297,000
$412,000
2022
$6,975
$765,000
$303,000
$462,000
2021
$6,346
$620,000
$276,000
$344,000
2020
$6,071
$529,000
$254,000
$275,000
2018
$6,934
$537,000
$209,000
$328,000
2017
$6,217
$490,000
$196,000
$294,000
2016
$5,833
$439,000
$196,000
$243,000
2015
$5,323
$394,000
$182,000
$212,000
2014
--
$368,000
$170,000
$198,000
2013
--
$335,000
$162,000
$173,000
Source: Public Records
Source: Northwest Multiple Listing Service (NWMLS)
This home is located at 1012 SW 296th St, Federal Way, WA 98023 and is currently priced at $1,199,950, approximately $427 per square foot. This property was built in 1961. 1012 SW 296th St is a home located in King County with nearby schools including Adelaide Elementary School, Lakota Middle School, and Federal Way High School.
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