1220 SW 318th St Federal Way, WA 98023
Lakota NeighborhoodEstimated Value: $625,195 - $679,000
3
Beds
3
Baths
1,800
Sq Ft
$363/Sq Ft
Est. Value
About This Home
This home is located at 1220 SW 318th St, Federal Way, WA 98023 and is currently estimated at $652,549, approximately $362 per square foot. 1220 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
Jul 29, 2019
Sold by
Obedoza Yamane F and Obedoza Yamani
Bought by
Manzano Corazon Velasco
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
$350,274
Outstanding Balance
$308,101
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$344,448
Purchase Details
Closed on
Feb 21, 2001
Sold by
Ross Michael G and Ross Pamela J
Bought by
Obedoza Yamane F and Manzano Corazon
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,843
Interest Rate
6.89%
Mortgage Type
FHA
Purchase Details
Closed on
Dec 20, 2000
Sold by
Hodgson Edgar J and Hodgson Maude B
Bought by
Bartel Holly
Purchase Details
Closed on
Dec 3, 1992
Sold by
Northwest Heritage Group Inc
Bought by
Ross Michael G and Ross Pamela J
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Manzano Corazon Velasco | $145,356 | Cw Title | |
| Obedoza Yamane F | $195,870 | Old Republic Title | |
| Bartel Holly | -- | -- | |
| Ross Michael G | $147,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Manzano Corazon Velasco | $350,274 | |
| Previous Owner | Obedoza Yamane F | $192,843 |
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 | $5,748 | $576,000 | $187,000 | $389,000 |
| 2023 | $5,581 | $522,000 | $169,000 | $353,000 |
| 2022 | $5,098 | $567,000 | $154,000 | $413,000 |
| 2021 | $4,860 | $449,000 | $123,000 | $326,000 |
| 2020 | $4,485 | $402,000 | $102,000 | $300,000 |
| 2018 | $4,551 | $359,000 | $81,000 | $278,000 |
| 2017 | $3,877 | $319,000 | $74,000 | $245,000 |
| 2016 | $3,767 | $271,000 | $68,000 | $203,000 |
| 2015 | $3,491 | $252,000 | $65,000 | $187,000 |
| 2014 | -- | $239,000 | $65,000 | $174,000 |
| 2013 | -- | $196,000 | $89,000 | $107,000 |
Source: Public Records
Map
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