NOT LISTED FOR SALE

1215 SW 355th Place Federal Way, WA 98023

Madrona Meadows - Fed Way Neighborhood

Estimated Value: $589,000 - $630,000

3 Beds
3 Baths
1,910 Sq Ft
$321/Sq Ft Est. Value

About This Home

This home is located at 1215 SW 355th Place, Federal Way, WA 98023 and is currently estimated at $614,012, approximately $321 per square foot. 1215 SW 355th Place is a home located in King County with nearby schools including Enterprise Elementary School, Illahee Middle School, and Todd Beamer High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 30, 2018
Sold by
2018 2 Ih Borrower Lp
Bought by
2018 2 Ih Borrower Lp
Current Estimated Value
$614,012

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,722,500
Outstanding Balance
$91,998,095
Interest Rate
4.4%
Mortgage Type
Loan Amount Between One & Nine Billion
Estimated Equity
-$91,400,352

Purchase Details

Closed on
Jan 15, 2015
Sold by
Ih2 Property Washington Lp
Bought by
2015-1 Ih2 Borrower Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,854
Interest Rate
3.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jul 30, 2013
Sold by
Christenson Randy J
Bought by
Ih2 Property Washington Lp

Purchase Details

Closed on
May 19, 2008
Sold by
Deutsche Bank National Trust Co
Bought by
Christenson Randy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,800
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 14, 2008
Sold by
Christenson Lynell M
Bought by
Christenson Randy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,800
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 7, 2008
Sold by
Tak Jae Ryong
Bought by
Deutsche Bank National Trust Co

Purchase Details

Closed on
Feb 7, 2006
Sold by
Song Yong Sun
Bought by
Tak Jae Ryong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,800
Interest Rate
6.16%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Nov 12, 2002
Sold by
Song Chae Chon
Bought by
Song Yong Sun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
5.95%

Purchase Details

Closed on
Dec 8, 1997
Sold by
Vu Tan T P and Luu Lam T
Bought by
Song Chae Chon and Song Yong Sun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,750
Interest Rate
8.25%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
2018 2 Ih Borrower Lp -- Os National Llc
2015-1 Ih2 Borrower Lp -- Fidelity National Title Grou
Ih2 Property Washington Lp $201,141 Fidelity Natio
Christenson Randy J $281,900 First American
Christenson Randy J -- First American
Deutsche Bank National Trust Co $272,732 Fidelity Natio
Tak Jae Ryong $309,000 Old Republic T
Song Yong Sun -- Pacific Nw Title
Song Chae Chon $161,000 Chicago Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2018 2 Ih Borrower Lp $105,722,500
Previous Owner 2015-1 Ih2 Borrower Lp $540,854
Previous Owner Christenson Randy J $267,800
Previous Owner Tak Jae Ryong $61,800
Previous Owner Tak Jae Ryong $247,200
Previous Owner Song Yong Sun $176,000
Previous Owner Song Chae Chon $120,750
Closed Song Chae Chon $8,050
Source: Public Records

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 $5,398 $537,000 $144,000 $393,000
2023 $5,181 $486,000 $120,000 $366,000
2022 $4,780 $525,000 $133,000 $392,000
2021 $4,146 $420,000 $117,000 $303,000
2020 $4,030 $341,000 $78,000 $263,000
2018 $4,091 $322,000 $78,000 $244,000
2017 $3,710 $286,000 $71,000 $215,000
2016 $3,607 $259,000 $65,000 $194,000
2015 $3,349 $241,000 $62,000 $179,000
2014 -- $229,000 $62,000 $167,000
2013 -- $182,000 $54,000 $128,000
Source: Public Records

Map

Washington King County Federal Way 98023 Madrona Meadows - Fed Way

1215 SW 355th Place, Federal Way, WA

This home is located at 1215 SW 355th Place, Federal Way, WA 98023 and is currently estimated at $614,012, approximately $321 per square foot. 1215 SW 355th Place is a home located in King County with nearby schools including Enterprise Elementary School, Illahee Middle School, and Todd Beamer 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.

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