NOT LISTED FOR SALE

Estimated Value: $977,000 - $1,057,000

4 Beds
3 Baths
3,600 Sq Ft
$286/Sq Ft Est. Value

Last Sold June 06, 2017

Last sale price $485,000 $135 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $6,240/month

177 Days on Market

Highlights

  • Views of a Sound
  • Fruit Trees
  • 2 Fireplaces
  • RV Access or Parking
  • Deck
  • Corner Lot

About This Home

As of June 2017

Location! 3600 sq ft home w/4bedrm&bonus room, 3bathrm in Desirable Marine Hills neighborhood.Large view deck off of dining rm & kitchen for gatherings to enjoy the Puget Sound view & sunsets view. Community pool & tennis club, close to the Redondo beach, H-ways, schools, shopping & parks. Master w/jet tub. Formal living rm & dining rm. Ideal ADU space at the daylight basement has new kitchenette & new carpet & huge family rm. Parking space for the big toys as boat or RV. Sweat equity. Must see!

Last Agent to Sell the Property

Kyong Kwon

Berkshire Hathaway HS NW License #48629 Listed on: 11/12/2016

Berkshire Hathaway HS NW

Last Buyer's Agent

Jay Karlin

RE/MAX Northwest License #110073

RE/MAX Northwest

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1052017

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,129

Year Built

  • Built in 1976

Lot Details

  • Partially Fenced Property
  • Corner Lot
  • Level Lot
  • Sprinkler System
  • Fruit Trees
  • Garden

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2 Fireplaces
  • Views of a Sound
  • Finished Basement
  • Natural lighting in basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • Attached Garage
  • RV Access or Parking

Accessible Home Design

  • Disabled Access

Outdoor Features

  • Deck
  • Patio

Utilities

  • Septic System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 7205700010

Community Details

Overview

  • Federal Way Community
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,129

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 14 - Split Entry
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1976
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: 2nd Kitchen, Bath Off Master, Built-In Vacuum, Dbl Pane/Storm Windw, Dining Room, Disabled Access, Jetted Tub, Walk-In Closet
  • Floor Covering: Laminate, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Garbage Disposal, Microwave, Range/Oven
  • Bedrooms: 4.00
  • Lower Level Bedroom: 2
  • Bathrooms: 3.00
  • Bathrooms Main: Lower
  • Total Full Bathrooms: 3
  • Lower Level Full Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 2
  • Fireplaces Lower: 1
  • Basement: Daylight, Fully Finished
  • Dining Room: Upper
  • Family Room: Lower
  • Living Room: Upper
  • Kitchen w/ Eating Area: Lower
  • Estimated Sq Ft: 3600
  • Square Footage Finished: 3600

Exterior Features

  • Exterior: Wood
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Sound

Garage/Parking

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

Utilities

  • Heating And Cooling: Forced Air
  • Power Company: Puget Sound Energy
  • Sewer: Available, Septic
  • Water Company: Lakehaven utility
  • Water Heater: utility room-gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Federal Way
  • Project: Marine Hills
  • Community Features: Ccrs, Tennis Courts

Schools

  • Elementary School: Nautilus Elem
  • Middle School: Sacajawea Jnr High
  • High School: Federal Way Snr High
  • School District: FED

Lot Info

  • Lot Number: 1
  • Lot Details: Corner Lot, Curbs, Paved Street, Sidewalk
  • Lot Sq Ft: 11964
  • Lot Topography Vegetation: Fruit Trees, Garden Space, Level, Terraces
  • Parcel Number: 7205700010
  • Zoning Jurisdiction: City
  • Lot Topography: Fruit Trees, Garden Space, Level, Terraces

Tax Info

  • Tax Amount: 6793

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2016
Closed on
Jun 2, 2017
Sold by
Park Jae Sung and Park Hyun Sook
Bought by
Krahner Michael E and Krahner Stefany R
Seller's Agent
Kyong Kwon
Berkshire Hathaway HS NW
Buyer's Agent
Jay Karlin
RE/MAX Northwest
List Price
$498,900
Sold Price
$485,000
Premium/Discount to List
-$13,900
-2.79%
Current Estimated Value
$1,028,329

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$543,329
Avg. Annual Appreciation
9.50%
Original Mortgage
$388,000
Outstanding Balance
$323,069
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$705,260

Purchase Details

Closed on
Jul 29, 2005
Sold by
James Nancy L and Park Jae Dong
Bought by
Park Jae Sung and Park Hyun Sook

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,350
Interest Rate
5.56%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 3, 1998
Sold by
Woo Nam Ye
Bought by
Park Jae Dong and Park Young Suk

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
7.07%
Mortgage Type
Seller Take Back
Source: Public Records

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
Krahner Michael E $485,000 First American
Park Jae Sung $475,000 Commonwealth L
Park Jae Dong $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Krahner Michael E $80,000
Closed Krahner Michael E $0
Closed Krahner Michael E $85,000
Open Krahner Michael E $388,000
Previous Owner Park Jae Sung $356,250
Previous Owner Park Jae Sung $20,350
Previous Owner Park Jae Sung $20,350
Previous Owner Park Jae Sung $359,650
Previous Owner Park Jae Dong $195,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2017 06/06/17 Sold $485,000 +3.2% $135 / Sq Ft
05/09/2017 05/09/17 Pending -- -- --
04/25/2017 04/25/17 Price Changed $470,000 -5.8% $131 / Sq Ft
02/15/2017 02/15/17 For Sale $498,900 0.0% $139 / Sq Ft
02/09/2017 02/09/17 Pending -- -- --
11/28/2016 11/28/16 For Sale $498,900 0.0% $139 / Sq Ft
11/18/2016 11/18/16 Pending -- -- --
11/12/2016 11/12/16 For Sale $498,900 -- $139 / 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 $9,129 $927,000 $299,000 $628,000
2023 $9,073 $838,000 $271,000 $567,000
2022 $8,039 $904,000 $276,000 $628,000
2021 $7,317 $717,000 $251,000 $466,000
2020 $7,004 $612,000 $231,000 $381,000
2018 $6,669 $516,000 $203,000 $313,000
2017 $6,468 $471,000 $190,000 $281,000
2016 $6,793 $457,000 $190,000 $267,000
2015 $6,203 $460,000 $177,000 $283,000
2014 -- $430,000 $165,000 $265,000
2013 -- $366,000 $158,000 $208,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1052017

Northwest Multiple Listing Service (NWMLS)

APN: 720570-0010