NOT LISTED FOR SALE

1227 SW 355th Place Federal Way, WA 98023

Madrona Meadows - Fed Way Neighborhood

Estimated Value: $600,321 - $622,000

4 Beds
3 Baths
1,790 Sq Ft
$342/Sq Ft Est. Value

Last Sold May 22, 2015

Last sale price $277,500 $155 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $3,834/month

3 Days on Market

Highlights

  • Contemporary Architecture
  • Attached Garage
  • High Speed Internet
  • 1 Fireplace
  • Patio
  • 5-minute walk to BPA Trail

About This Home

As of May 2015

This home is just as cute as can be. Immaculate 4 bedroom, 2.5 bath 2 story. New flooring in most rooms & tasteful paint colors throughout. Updated kitchen w/ stainless appliances, walk-in pantry, pullout drawers, breakfast bar & room for a big table. The formal living room features vaulted ceilings, gas fireplace in family room & ceiling fans in all bedrooms. Gas furnace & heat pump for AC. Master suite with remodeled master bath & walk-in closet. Large patio & beautiful landscaping.

Last Agent to Sell the Property

Gwen Finley

John L. Scott, Inc. License #35482 Listed on: 03/13/2015

John L. Scott, Inc.

Co-Listed By

Hal Finley

John L. Scott, Inc.

Last Buyer's Agent

Nancy Struthers

Skyline Properties, Inc. License #86420

Skyline Properties, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM753099

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,290

Year Built

  • Built in 1989

Lot Details

  • Property is Fully Fenced
  • Level Lot
  • Property is zoned RS7.2

Parking

  • Attached Garage

Home Design

  • Contemporary Architecture
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Laundry

  • Dryer
  • Washer

Utilities

  • High Speed Internet
  • Cable TV Available

Additional Features

  • 1 Fireplace
  • Patio

Community Details

  • Madrona Community
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 5028602250

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,290

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 12 - 2 Story
  • Architecture: Contemporary
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1989
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Ceiling Fan(s), Dbl Pane/Storm Windw, Dining Room, Skylights, Vaulted Ceilings, Walk In Pantry, Walk-In Closet
  • Floor Covering: Laminate, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 4.00
  • Bathrooms: 2.50
  • Total Full Bathrooms: 2
  • Total Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Dining Room: Main
  • Family Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 1790
  • Square Footage Finished: 1790

Exterior Features

  • Exterior: Wood
  • Foundation: Poured Concrete
  • Roof: Composition

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 2

Utilities

  • Heating And Cooling: Forced Air, Heat Pump
  • Power Company: PSE
  • Sewer: Sewer Connected
  • Sewer Company: Lakehaven
  • Water Company: Lakehaven
  • Water Heater: Garage-Gas
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 10
  • Community Name: Madrona
  • Project: Madrona Meadows
  • Community Features: Ccrs

Schools

  • Elementary School: Enterprise Elem
  • Middle School: Illahee Jnr High
  • High School: Todd Beamer High
  • School District: FED

Lot Info

  • Lot Number: 225
  • Lot Details: Curbs, Paved Street, Sidewalk
  • Lot Sq Ft: 5800
  • Lot Topography Vegetation: Level
  • Parcel Number: 5028602250
  • Zoning Code: RS7.2
  • Zoning Jurisdiction: City
  • Lot Topography: Level

Tax Info

  • Tax Amount: 3264

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2015
Closed on
May 15, 2015
Sold by
Friedrich Mark W and Friedrich Mary Anne
Bought by
Ortiz Antonio Alvarado and Rivera Veronica Contreras
Seller's Agent
Gwen Finley
John L. Scott, Inc.
Buyer's Agent
Nancy Struthers
Skyline Properties, Inc.
List Price
$274,900
Sold Price
$277,500
Premium/Discount to List
$2,600
0.95%
Total Days on Market
3
Current Estimated Value
$611,330

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$333,830
Avg. Annual Appreciation
8.08%
Original Mortgage
$263,625
Outstanding Balance
$206,797
Interest Rate
3.63%
Mortgage Type
New Conventional
Estimated Equity
$401,849

Purchase Details

Closed on
Sep 5, 1989
Sold by
Main Street Homes Inc
Bought by
Friedrich Mark W and Mary Anne
Source: Public Records

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Range of Values:

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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
Ortiz Antonio Alvarado $277,500 Rainier Title
Friedrich Mark W $120,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ortiz Antonio Alvarado $263,625
Previous Owner Friedrich Mark W $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2015 05/22/15 Sold $277,500 +0.9% $155 / Sq Ft
03/17/2015 03/17/15 Pending -- -- --
03/13/2015 03/13/15 For Sale $274,900 -- $154 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

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 $5,290 $526,000 $144,000 $382,000
2023 $5,076 $476,000 $120,000 $356,000
2022 $4,681 $514,000 $133,000 $381,000
2021 $4,064 $411,000 $117,000 $294,000
2020 $3,949 $334,000 $78,000 $256,000
2018 $4,007 $315,000 $78,000 $237,000
2017 $3,626 $280,000 $71,000 $209,000
2016 $3,520 $253,000 $65,000 $188,000
2015 $3,264 $235,000 $62,000 $173,000
2014 -- $223,000 $62,000 $161,000
2013 -- $177,000 $54,000 $123,000
Source: Public Records

Agents Affiliated with this Home

  • Gwen Finley

    Seller's Agent in 2015

    Gwen Finley

    John L Scott

    (253) 709-5106

    Section Image
  • Hal Finley

    Seller Co-Listing Agent in 2015

    Hal Finley

    John L. Scott, Inc.

    Section Image
  • Nancy Struthers

    Buyer's Agent in 2015

    Nancy Struthers

    Skyline Properties, Inc.

    (206) 595-7188

    1 in this area

    73 Total Sales

    Nancy Struthers
    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM753099

Northwest Multiple Listing Service (NWMLS)

APN: 502860-2250

Washington King County Federal Way 98023 Madrona Meadows - Fed Way

1227 SW 355th Place, Federal Way, WA

This home is located at 1227 SW 355th Place, Federal Way, WA 98023 since 13 March 2015 and is currently estimated at $611,330, approximately $341 per square foot. This property was built in 1989. 1227 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.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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