NOT LISTED FOR SALE

1041 S 316th St Federal Way, WA 98003

Mirror Lake Neighborhood

Estimated Value: $491,647 - $508,000

3 Beds
1 Bath
1,270 Sq Ft
$394/Sq Ft Est. Value

Last Sold May 21, 2019

Last sale price $347,000 $273 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $3,037/month

29 Days on Market

Highlights

  • Patio
  • Wood Siding
  • 3-minute walk to Mirror Lake Park
  • Ceramic Tile Flooring

About This Home

As of May 2019

BACK ON MARKET! Move quickly to enjoy this beautiful open-feel rambler with incredible upgrades – new furnace, water heater, roof & gutters in 2016, enhanced laundry room with pantry in 2018! Kitchen and bathroom feature elegant granite counter tops, and soft-close cabinetry. Newer interior paint and carpeting. This home is move-in ready! Level lot features a fire pit and 8x10 shed; driveway can fit up to 4 cars. Desired Federal Way location near library, Safeway, and the Commons Mall!

Last Agent to Sell the Property

Gary Vanderhoff

Coldwell Banker Bain License #118236 Listed on: 03/21/2019

Coldwell Banker Bain

Last Buyer's Agent

Shirly Palacios

Best Choice Realty LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1426438

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,761

Year Built

  • Built in 1968

Lot Details

  • 8,712

Parking

  • Off-Street Parking

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Outbuilding

Utilities

  • Cable TV Available

Community Details

  • Federal Way Community

Listing and Financial Details

  • Assessor Parcel Number 3584000200

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,761

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 10 - 1 Story
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1968
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Dbl Pane/Storm Windw, Dining Room
  • Floor Covering: Ceramic Tile, Laminate, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 3
  • Bathrooms: 1.00
  • Total Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Dining Room: Main
  • Family Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 1270
  • Square Footage Finished: 1270

Exterior Features

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

Garage/Parking

  • Parking Type: Off Street

Utilities

  • Heating And Cooling: Forced Air
  • Power Company: PSE
  • Sewer: Sewer Connected
  • Sewer Company: Lakehaven
  • Water Company: Lakehaven
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Federal Way

Schools

  • School District: FED

Lot Info

  • Lot Sq Ft: 8640
  • Parcel Number: 3584000200

Tax Info

  • Tax Amount: 3450

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 16, 2020
Sold by
Avilez Jesus Alexis Sarabia
Bought by
Roman Angel Ayala and Ayala Selena Celeste
Current Estimated Value
$499,912

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,000
Outstanding Balance
$307,969
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$202,499

Purchase Details

Listed on
Mar 21, 2019
Closed on
May 15, 2019
Sold by
Day Brandon S and Day Rachel S
Bought by
Roman Angel Ayala and Ayala Selena Celeste
Seller's Agent
Gary Vanderhoff
Coldwell Banker Bain
Buyer's Agent
Shirly Palacios
Best Choice Realty LLC
List Price
$330,000
Sold Price
$347,000
Premium/Discount to List
$17,000
5.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.27%
Original Mortgage
$340,714
Interest Rate
4%

Purchase Details

Listed on
May 11, 2016
Closed on
Jun 21, 2016
Sold by
Oakmont Home Buyers Llc
Bought by
Day Brandon S
Seller's Agent
John Hama
Home Realty Greenlake
Buyer's Agent
Gary Vanderhoff
Coldwell Banker Bain
List Price
$219,950
Sold Price
$231,875
Premium/Discount to List
$11,925
5.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.97%
Original Mortgage
$224,918
Interest Rate
3.58%

Purchase Details

Listed on
May 15, 2015
Closed on
Jun 18, 2015
Sold by
Tapp Denise R
Bought by
Oakmont Home Buyers Llc
Seller's Agent
Brian Magee
RE/MAX Realty South
List Price
$165,000
Sold Price
$162,000
Premium/Discount to List
-$3,000
-1.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
42.13%

Purchase Details

Closed on
Aug 22, 1994
Sold by
Hendricks Paul F and Hendricks Linda L
Bought by
Tapp Kenneth A and Tapp Denise R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,950
Interest Rate
8.8%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Roman Angel Ayala -- Stewart Title Company
Roman Angel Ayala $347,000 Cw Title
Day Brandon S $231,875 Nextitle
Oakmont Home Buyers Llc $162,000 First American
Tapp Kenneth A $99,999 Transamerica Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roman Angel Ayala $342,000
Previous Owner Roman Angel Ayala $340,714
Previous Owner Day Brandon S $224,918
Previous Owner Tapp Kenneth A $118,140
Previous Owner Tapp Kenneth A $135,000
Previous Owner Tapp Kenneth A $96,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2019 05/21/19 Sold $347,000 +5.2% $273 / Sq Ft
04/19/2019 04/19/19 Pending -- -- --
04/18/2019 04/18/19 Price Changed $330,000 0.0% $260 / Sq Ft
04/18/2019 04/18/19 For Sale $330,000 +4.8% $260 / Sq Ft
03/27/2019 03/27/19 Pending -- -- --
03/21/2019 03/21/19 For Sale $315,000 +35.8% $248 / Sq Ft
06/30/2016 06/30/16 Sold $231,875 +5.4% $183 / Sq Ft
05/20/2016 05/20/16 Pending -- -- --
05/11/2016 05/11/16 For Sale $219,950 +35.8% $173 / Sq Ft
06/22/2015 06/22/15 Sold $162,000 -1.8% $128 / Sq Ft
06/01/2015 06/01/15 Pending -- -- --
05/29/2015 05/29/15 Price Changed $165,000 0.0% $130 / Sq Ft
05/29/2015 05/29/15 For Sale $165,000 -2.9% $130 / Sq Ft
05/22/2015 05/22/15 Pending -- -- --
05/15/2015 05/15/15 For Sale $169,900 -- $134 / 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 $4,761 $475,000 $174,000 $301,000
2023 $4,629 $430,000 $157,000 $273,000
2022 $4,231 $467,000 $143,000 $324,000
2021 $4,029 $370,000 $114,000 $256,000
2020 $3,716 $331,000 $93,000 $238,000
2018 $3,450 $270,000 $75,000 $195,000
2017 $2,944 $240,000 $69,000 $171,000
2016 $2,865 $204,000 $63,000 $141,000
2015 $2,668 $190,000 $60,000 $130,000
2014 -- $181,000 $60,000 $121,000
2013 -- $140,000 $73,000 $67,000
Source: Public Records

Agents Affiliated with this Home

  • Gary Vanderhoff

    Seller's Agent in 2019

    Gary Vanderhoff

    Coldwell Banker Bain

    (206) 659-1032

    84 Total Sales

    Gary Vanderhoff
    Section Image

  • S

    Buyer's Agent in 2019

    Shirly Palacios

    Best Choice Realty LLC

    Section Image

  • J

    Seller's Agent in 2016

    John Hama

    Home Realty Greenlake

  • G

    Seller Co-Listing Agent in 2016

    Gigia Domanski

    Best Choice Realty Brokerage

    (206) 227-1505

    5 Total Sales

    Gigia Domanski
    Section Image
  • Brian Magee

    Seller's Agent in 2015

    Brian Magee

    RE/MAX REALTY SOUTH

    (253) 830-4661

    71 Total Sales

    Brian Magee
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1426438

Northwest Multiple Listing Service (NWMLS)

APN: 358400-0200

Washington King County Federal Way 98003 Mirror Lake

1041 S 316th St, Federal Way, WA

This home is located at 1041 S 316th St, Federal Way, WA 98003 since 21 March 2019 and is currently estimated at $499,912, approximately $393 per square foot. This property was built in 1968. 1041 S 316th St is a home located in King County with nearby schools including Mirror Lake Elementary School, Sacajawea Middle School, and Federal Way 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.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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