NOT LISTED FOR SALE

1254 SW 296th St Federal Way, WA 98023

Adelaide Neighborhood

Estimated Value: $2,322,000 - $2,568,961

3 Beds
3 Baths
5,060 Sq Ft
$486/Sq Ft Est. Value

Last Sold May 31, 2018

Last sale price $1,500,000 $296 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $15,031/month

193 Days on Market

Highlights

  • Views of a Sound
  • RV Access or Parking
  • Wood Flooring
  • Greenhouse
  • Deck
  • 3 Fireplaces

About This Home

As of May 2018

Puget Sound waterfront... legendary views; gated entry with 60' salt water beach. Starfish reaching their arms to sparkling namesakes above; Sea-paths of marine action; Riptide music ringing keys of fluorescent ivories. Facing sunsets, nature’s magic spiraling window scenes. A primary home depicted as formal; additional room to play. Developed over garage: spillover sleeping room; Workout gym or study room; 1/2 bath. Path/stairs to community beach front next door. Kaleidoscope vistas.

Last Agent to Sell the Property

Wendy Lister

Coldwell Banker Bain Listed on: 08/09/2017

Co-Listed By

Gary Lu

John L. Scott, Inc.

Last Buyer's Agent

Mark von der Burg

COMPASS License #38387

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1158507

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,780

Year Built

  • Built in 1994

Lot Details

  • Property fronts a saltwater canal
  • Open Space
  • Street terminates at a dead end
  • Gated Home
  • Partially Fenced Property
  • Level Lot
  • Sprinkler System
  • Garden
  • Property is zoned RS15

Property Views

  • Views of a Sound
  • Bay
  • City
  • Mountain

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof
  • Stucco
  • Wood Composite

Interior Spaces

  • 3 Fireplaces

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Parking

  • Detached Garage
  • RV Access or Parking

Outdoor Features

  • Deck
  • Patio
  • Greenhouse

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 621049060

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,780

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 15 - Multi Level
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1994
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Wet Bar, Wine Cellar, Wired For Generator, Bath Off Master, Built-In Vacuum, Ceiling Fan(s), Dbl Pane/Storm Windw, Dining Room, Fireplace In Mstr Br, French Doors, High Tech Cabling, Jetted Tub, Security System, Vaulted Ceilings, Walk In Pantry, Walk-In Closet
  • Floor Covering: Ceramic Tile, Hardwood, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Double Oven, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Trash Compactor, Washer
  • Bedrooms: 3.00
  • Bathrooms: 2.50
  • Total Full Bathrooms: 2
  • Total Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 3
  • Fireplaces Main: 2
  • Den or Office: Main
  • Dining Room: Main
  • Family Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 5060
  • Square Footage Finished: 5060

Exterior Features

  • Construction Methods: Standard Frame
  • Exterior: Brick, Stucco, Wood Products
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Bay, City, Mountain, Sound
  • Waterfront: Bank-High, No Bank, Saltwater, Sound
  • Waterfront Frontage: 60

Garage/Parking

  • Parking Type: Garage-Detached
  • Total Covered Parking: 3

Utilities

  • Heating And Cooling: Forced Air, High Efficiency (Unspecified)
  • Power Company: Puget Sound Energy
  • Sewer: Sewer Connected
  • Sewer Company: Lakehaven Water & Sewer Dist.
  • Water Company: Lakehaen Water & Sewer Dist
  • Water Heater: Main Floor Pantry-Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Adelaide
  • Community Features: CCRs, Community Waterfront/Pvt Beach

Schools

  • Elementary School: Buyer To Verify
  • Middle School: Buyer To Verify
  • High School: Buyer To Verify
  • School District: FED

Lot Info

  • Lot Details: Dead End Street, Open Space, Paved Street
  • Lot Dimensions: 60 X 575
  • Lot Sq Ft: 32492
  • Lot Topography Vegetation: Garden Space, Level, Sloped, Terraces
  • Parcel Number: 621049060
  • Zoning Code: RS15
  • Zoning Jurisdiction: City
  • Lot Topography: Garden Space, Level, Sloped, Terraces

Tax Info

  • Tax Amount: 15885

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2017
Closed on
May 16, 2018
Sold by
Thompson Eugene E and Thompson Judith R
Bought by
Choi Kihang and Choi Hwa
Seller's Agent
Wendy Lister
Coldwell Banker Bain
Buyer's Agent
Mark von der Burg
COMPASS
List Price
$1,696,000
Sold Price
$1,500,000
Premium/Discount to List
-$196,000
-11.56%
Current Estimated Value
$2,429,003

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$929,003
Avg. Annual Appreciation
4.41%
Original Mortgage
$1,125,000
Outstanding Balance
$978,958
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$1,068,712

Purchase Details

Closed on
Mar 27, 2012
Sold by
Thompson Eugene E and Thompson Judith R
Bought by
Thompson Eugene E and Thompson Judith R

Purchase Details

Closed on
Nov 16, 1992
Sold by
Cheng Wing H and Cheng Linda F
Bought by
Thompson Eugene E and Thompson Judith R
Source: Public Records

Range of Values:

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Average Value
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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
Choi Kihang $1,500,000 Chicago Title
Thompson Eugene E -- None Available
Thompson Eugene E $270,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Choi Kihang $608,500
Open Choi Kihang $1,125,000
Previous Owner Thompson Eugene E $617,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2018 05/31/18 Sold $1,500,000 -11.6% $296 / Sq Ft
03/26/2018 03/26/18 For Sale $1,696,000 0.0% $335 / Sq Ft
02/19/2018 02/19/18 Pending -- -- --
02/13/2018 02/13/18 Pending -- -- --
08/09/2017 08/09/17 For Sale $1,696,000 -- $335 / 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 $20,780 $2,190,000 $521,000 $1,669,000
2023 $20,490 $1,979,000 $472,000 $1,507,000
2022 $19,135 $2,134,000 $481,000 $1,653,000
2021 $17,401 $1,728,000 $438,000 $1,290,000
2020 $15,621 $1,474,000 $402,000 $1,072,000
2018 $16,370 $1,280,000 $311,000 $969,000
2017 $15,885 $1,167,000 $291,000 $876,000
2016 $15,582 $1,133,000 $291,000 $842,000
2015 $14,210 $1,064,000 $270,000 $794,000
2014 -- $994,000 $252,000 $742,000
2013 -- $840,000 $240,000 $600,000
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2018

    Wendy Lister

    Coldwell Banker Bain

    Section Image

  • G

    Seller Co-Listing Agent in 2018

    Gary Lu

    John L. Scott, Inc.

    Section Image
  • Mark von der Burg

    Buyer's Agent in 2018

    Mark von der Burg

    Avenue Properties

    (425) 882-8821

    175 Total Sales

    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1158507

Northwest Multiple Listing Service (NWMLS)

APN: 062104-9060

Washington King County Federal Way 98023 Adelaide

1254 SW 296th St, Federal Way, WA

This home is located at 1254 SW 296th St, Federal Way, WA 98023 since 09 August 2017 and is currently estimated at $2,459,740, approximately $486 per square foot. This property was built in 1994. 1254 SW 296th St is a home located in King County with nearby schools including Adelaide Elementary School, Lakota Middle School, and Decatur 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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