1120 SW 320th Place Federal Way, WA 98023
Alderbrook NeighborhoodEstimated Value: $685,000 - $751,000
5
Beds
3
Baths
1,410
Sq Ft
$515/Sq Ft
Est. Value
About This Home
This home is located at 1120 SW 320th Place, Federal Way, WA 98023 and is currently estimated at $726,571, approximately $515 per square foot. 1120 SW 320th Place is a home located in King County with nearby schools including Silver Lake Elementary School, Illahee Middle School, and Decatur High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 6, 2005
Sold by
Kim Chong and Kim Mi
Bought by
Franco Raymond M and Franco Susan G
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,500
Outstanding Balance
$31,163
Interest Rate
6.35%
Mortgage Type
Credit Line Revolving
Estimated Equity
$695,408
Purchase Details
Closed on
Jun 8, 2004
Sold by
Gregory Stuart A and Gregory Jolene K
Bought by
Kim Chong and Kim Mi
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,200
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 5, 1987
Sold by
Quadrant Corp
Bought by
Quality Contractor'S
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Franco Raymond M | $370,000 | Lawyers Title | |
| Kim Chong | $269,000 | Fidelity Natio | |
| Quality Contractor'S | $21,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Franco Raymond M | $55,500 | |
| Open | Franco Raymond M | $277,500 | |
| Previous Owner | Kim Chong | $215,200 | |
| Closed | Kim Chong | $40,350 |
Source: Public Records
Tax History Compared to Growth
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 | $6,082 | $604,000 | $154,000 | $450,000 |
| 2023 | $5,982 | $546,000 | $129,000 | $417,000 |
| 2022 | $5,340 | $589,000 | $143,000 | $446,000 |
| 2021 | $4,872 | $471,000 | $125,000 | $346,000 |
| 2020 | $4,742 | $403,000 | $93,000 | $310,000 |
| 2018 | $4,802 | $380,000 | $93,000 | $287,000 |
| 2017 | $4,351 | $337,000 | $85,000 | $252,000 |
| 2016 | $4,218 | $305,000 | $78,000 | $227,000 |
| 2015 | $3,917 | $283,000 | $75,000 | $208,000 |
| 2014 | -- | $269,000 | $75,000 | $194,000 |
| 2013 | -- | $208,000 | $67,000 | $141,000 |
Source: Public Records
Map
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