1214 SW 318th St Federal Way, WA 98023
Lakota NeighborhoodEstimated Value: $667,000 - $701,000
4
Beds
3
Baths
2,080
Sq Ft
$331/Sq Ft
Est. Value
About This Home
This home is located at 1214 SW 318th St, Federal Way, WA 98023 and is currently estimated at $687,952, approximately $330 per square foot. 1214 SW 318th St is a home located in King County with nearby schools including Adelaide Elementary School, Lakota Middle School, and Decatur High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 23, 2001
Sold by
Whitacre Richard D and Whitacre Rebecca A
Bought by
Gorbachuk Victor and Gorbachuk Lyudmila
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
$198,000
Interest Rate
7.06%
Purchase Details
Closed on
Feb 23, 1998
Sold by
Merkt Merle and Merkt Doris
Bought by
Whitacre Richard D and Whitacre Rebecca A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,700
Interest Rate
6.99%
Purchase Details
Closed on
Nov 24, 1992
Sold by
Northwest Heritage Group Inc
Bought by
Merkt Merle and Merkt Doris
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gorbachuk Victor | $220,000 | Chicago Title Insurance Co | |
| Whitacre Richard D | $186,000 | Evergreen Title Company Inc | |
| Merkt Merle | $165,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gorbachuk Victor | $78,000 | |
| Open | Gorbachuk Victor | $133,500 | |
| Closed | Gorbachuk Victor | $75,000 | |
| Closed | Gorbachuk Victor | $167,100 | |
| Closed | Gorbachuk Victor G | $50,000 | |
| Closed | Gorbachuk Victor | $183,534 | |
| Closed | Gorbachuk Victor | $50,000 | |
| Closed | Gorbachuk Victor | $100,000 | |
| Closed | Gorbachuk Victor | $198,000 | |
| Previous Owner | Whitacre Richard D | $176,700 |
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 | $6,035 | $604,000 | $187,000 | $417,000 |
| 2023 | $5,838 | $547,000 | $169,000 | $378,000 |
| 2022 | $5,339 | $594,000 | $154,000 | $440,000 |
| 2021 | $5,164 | $471,000 | $123,000 | $348,000 |
| 2020 | $4,765 | $428,000 | $102,000 | $326,000 |
| 2018 | $4,830 | $382,000 | $81,000 | $301,000 |
| 2017 | $4,114 | $339,000 | $74,000 | $265,000 |
| 2016 | $4,000 | $288,000 | $68,000 | $220,000 |
| 2015 | $3,704 | $268,000 | $65,000 | $203,000 |
| 2014 | -- | $254,000 | $65,000 | $189,000 |
| 2013 | -- | $207,000 | $89,000 | $118,000 |
Source: Public Records
Map
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