Beautiful high bank waterfront home sitting on over an acre in Adelaide, Federal Ways popular view community. Your eyes gaze from Ruston in Tacoma to DesMoines, 3 Tree Point & past shipping lanes to W Seattle! Community beach access just steps away. A sizzling chance to own this well-kept all brick rambler complete with a shop. Lovely solid hardwood floors, quartz counters, newer insulated windows. Full sprinkler system for grounds. Enjoy owning a rare acre in the City! So close to transportation hubs~light rail coming in 2023. One of the most gorgeous views in the whole world, then this one is for you!
View: Bay, City, Mountain(s), See Remarks, Sound, Territorial
Lot Features: Paved, Secluded
View: Yes
Waterfront Features: Bank-High
Waterfront: Yes
Direction Faces: North
Exterior Features: Brick
Foundation Details: Poured Concrete
Property Condition: Very Good
Structure Type: House
BusLineNearby: true
ConstructionMethods: Standard Frame
WaterfrontFootage: 90
Garage/Parking
Attached Garage: No
Carport Y N: Yes
Covered Parking Spaces: 2
Open Parking: No
Parking Features: RV Parking, Detached Carport, Driveway, Off Street
Total Parking Spaces: 2
Utilities
Sewer: Sewer Connected
Water Source: Public
Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Natural Gas Connected
HeatingCoolingType: Forced Air
PowerCompany: PSE
WaterCompany: Lakehaven
WaterHeaterType: Electric
Condo/Co-op/Association
Community Features: CCRs, Community Waterfront/Pvt Beach, Park
Senior Community: No
Association: No
Schools
Junior High Dist: Federal Way
High School: Buyer To Verify
Middle Or Junior School: Buyer To Verify
Lot Info
Parcel Number: 0621049061
Topography: PartialSlope,Terraces
Land Lease: No
Lot Size Acres: 1.0369
Lot Size Sq Ft: 45166
Irrigation Water Rights: No
ResoLotSizeUnits: SquareFeet
ShowMapLink: true
SiteFeatures: Cable TV,Gas Available,High Speed Internet,Hot Tub/Spa,Outbuildings,Patio,RV Parking,Shop,Sprinkler System
MLSLotSizeSource: Public records
MLSSquareFootageSource: Public records
ZoningJurisdiction: City
Green Features
Power Production Type: Natural Gas
Rental Info
Furnished: Unfurnished
Tax Info
Year: 2022
Tax Annual Amount: 8391
Multi Family
EnergySource: Natural Gas
MLS Schools
Elementary School: Adelaide Elem
Ownership History
DateNameOwned ForOwner Type
Sep 2022 - PresentSaral Kuljinder and Sarai Ravneet2 Years and 8 Months
Private Individual
Purchase Details
Listed on
Aug 20, 2022
Closed on
Sep 26, 2022
Sold by
Toblason Eric J and Toblason Tina L
Bought by
Saral Kuljinder and Sarai Ravneet
Seller's Agent
Cheryl Russell
Better Properties N. Proctor
Buyer's Agent
Saab Singh
John L. Scott, Inc
List Price
$1,200,000
Sold Price
$1,250,000
Premium/Discount to List
$50,000
4.17%
Total Days on Market
3
Views
1
Current Estimated Value
$1,057,729
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$192,271
Avg. Annual Appreciation
-6.11%
Original Mortgage
$937,500
Outstanding Balance
$902,382
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$155,347
Sep 2015 - Sep 2022Tobiason Eric J and Tobiason Tina L7 Years
Private Individual
Purchase Details
Listed on
Aug 8, 2015
Closed on
Sep 25, 2015
Sold by
Kim Albert Edward
Bought by
Tobiason Eric J and Tobiason Tina L
Seller's Agent
Linda Bellisario
Windermere RE West Campus Inc
Buyer's Agent
Kevin Caskey
John L. Scott, Inc.
List Price
$725,000
Sold Price
$714,500
Premium/Discount to List
-$10,500
-1.45%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.32%
Original Mortgage
$239,500
Interest Rate
3.89%
Mortgage Type
New Conventional
Jul 2010 - Sep 2015Kim A Edward and Kim Beverly Low5 Years and 2 Months
Private Individual
Purchase Details
Closed on
Jul 16, 2010
Sold by
Kim A Edward and Kim Beverly Low
Bought by
Kim A Edward and Kim Beverly Low
Oct 1993 - Jul 2010Kim A Edward and Kim Beverly Low16 Years and 9 Months
Private Individual
Purchase Details
Closed on
Oct 22, 1993
Sold by
Hill Colleen W and Depew Colleen W
Bought by
Kim A Edward and Kim Beverly Low
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
6.95%
Range of Values:
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Average Value
Not Available
List Price
Sold Price
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Source: Northwest Multiple Listing Service (NWMLS)
Tax History Compared to Growth
Source: Public Records
Tax History
Year
Tax Paid
Tax AssessmentTax 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.
This home is located at 1222 SW 296th St, Federal Way, WA 98023 since 20 August 2022 and is currently estimated at $1,057,729, approximately $739 per square foot. This property was built in 1955. 1222 SW 296th St is a home located in King County with nearby schools including Adelaide Elementary School, Lakota Middle School, and Decatur High School.
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