NOT LISTED FOR SALE

1216 SW 347th Place Federal Way, WA 98023

Madrona Meadows - Fed Way Neighborhood

Estimated Value: $614,000 - $653,000

3 Beds
3 Baths
1,860 Sq Ft
$337/Sq Ft Est. Value

About This Home

This home is located at 1216 SW 347th Place, Federal Way, WA 98023 and is currently estimated at $626,024, approximately $336 per square foot. 1216 SW 347th Place is a home located in King County with nearby schools including Sherwood Forest Elementary School, Illahee Middle School, and Todd Beamer High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 1, 2016
Sold by
Park Eun Young
Bought by
Park Kyong S and Park Eun Young
Current Estimated Value
$626,024

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,000
Outstanding Balance
$157,540
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 23, 2000
Sold by
Park Kyung S
Bought by
Park Eun Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,125
Interest Rate
8.2%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jul 22, 2000
Sold by
Webb Kent P and Webb Sharon L
Bought by
Park Eun Young

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,125
Interest Rate
8.2%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Sep 17, 1996
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Webb Kent P and Webb Sharon L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,800
Interest Rate
7.87%

Purchase Details

Closed on
Jul 14, 1996
Sold by
Ouk Savy and Noch Chetra
Bought by
Federal Home Loan Mortgage Corporation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,200
Interest Rate
8.3%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Park Kyong S -- First American
Park Eun Y -- Fidelity National Title
Park Eun Young $199,000 Fidelity National Title
Webb Kent P -- First American Title Ins Co
Federal Home Loan Mortgage Corporation $115,200 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Park Kyong S $193,000
Closed Park Kyong $49,143
Closed Park Kyong $158,600
Closed Park Eun Y $125,000
Closed Park Eun Y $152,000
Closed Park Eun Young $174,125
Previous Owner Webb Kent P $116,800
Previous Owner Federal Home Loan Mortgage Corporation $132,200
Closed Park Eun Young $39,800
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 $5,447 $543,000 $157,000 $386,000
2023 $5,229 $491,000 $131,000 $360,000
2022 $4,824 $530,000 $145,000 $385,000
2021 $4,111 $424,000 $127,000 $297,000
2020 $3,995 $338,000 $84,000 $254,000
2018 $4,049 $319,000 $84,000 $235,000
2017 $3,668 $283,000 $77,000 $206,000
2016 $3,563 $256,000 $70,000 $186,000
2015 $3,307 $238,000 $67,000 $171,000
2014 -- $226,000 $67,000 $159,000
2013 -- $199,000 $67,000 $132,000
Source: Public Records

Map

Washington King County Federal Way 98023 Madrona Meadows - Fed Way

1216 SW 347th Place, Federal Way, WA

This home is located at 1216 SW 347th Place, Federal Way, WA 98023 and is currently estimated at $626,024, approximately $336 per square foot. 1216 SW 347th Place is a home located in King County with nearby schools including Sherwood Forest 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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