Listed by Skyline Properties, Inc., Bought with Redfin
NOT LISTED FOR SALE

1313 SW 348th St Federal Way, WA 98023

Madrona Meadows - Fed Way Neighborhood

Estimated Value: $590,000 - $607,000

3 Beds
1 Bath
1,640 Sq Ft
$365/Sq Ft Est. Value

Last Sold March 26, 2018

Last sale price $353,000 $215 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $3,630/month

4 Days on Market

Highlights

  • Territorial View
  • 1 Fireplace
  • Level Lot
  • Wood Flooring
  • Attached Garage
  • Wood Siding

About This Home

As of March 2018

Don't miss out on this great home in Madrona! In a very convenient location. The home faces north and gets great natural light! This spacious and bright home has vaulted ceilings and skylights, adding to the natural light in the home. A new roof was installed around four years ago and fresh exterior painting was done only two years ago!

Last Agent to Sell the Property

Mia Min

Skyline Properties, Inc. License #89644 Listed on: 02/15/2018

Skyline Properties, Inc.

Co-Listed By

Daniel Min

Skyline Properties, Inc. License #89040

Last Buyer's Agent

Melinda Dammel

Redfin License #119363

Redfin

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1245501

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,437

Year Built

  • Built in 1989

Lot Details

  • Level Lot

Parking

  • Attached Garage

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1 Bathroom
  • 1 Fireplace
  • Territorial Views

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Community Details

  • Madrona Community

Listing and Financial Details

  • Assessor Parcel Number 5422420490

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,437

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 12 - 2 Story
  • 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), Dining Room, Skylights, Vaulted Ceilings, Walk-In Closet
  • Floor Covering: Hardwood, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Range/Oven, Refrigerator
  • Bedrooms: 3.00
  • Bathrooms: 2.25
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • 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: 1640
  • Square Footage Finished: 1640

Exterior Features

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

Garage/Parking

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

Utilities

  • Heating And Cooling: Forced Air
  • Power Company: PSE
  • Sewer: Sewer Connected
  • Sewer Company: Lake Haven
  • Water Company: Lake Haven
  • Water Heater: Garage-Gas
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 7
  • Community Name: Madrona

Schools

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

Lot Info

  • Lot Details: Curbs, Paved Street, Sidewalk
  • Lot Sq Ft: 6434
  • Lot Topography Vegetation: Level
  • Parcel Number: 5422420490
  • Zoning Jurisdiction: City
  • Lot Topography: Level

Tax Info

  • Tax Amount: 3612

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2018
Closed on
Mar 16, 2018
Sold by
Kim Jae C and Kim Kyung M
Bought by
Sabeeh Alhasan S and Qattan Hawazen
Seller's Agent
Mia Min
Skyline Properties, Inc.
Buyer's Agent
Melinda Dammel
Redfin
List Price
$345,000
Sold Price
$353,000
Premium/Discount to List
$8,000
2.32%
Current Estimated Value
$599,172

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$246,172
Avg. Annual Appreciation
6.88%
Original Mortgage
$264,000
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 26, 2000
Sold by
Hoban Patrick T and Hoban Christina A
Bought by
Kim Jae C and Kim Kyung M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,120
Interest Rate
8.08%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Feb 21, 1997
Sold by
Bolyard Joan M
Bought by
Hoban Patrick T and Hoban Christina A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,800
Interest Rate
7.86%

Purchase Details

Closed on
Feb 10, 1993
Sold by
Safety-Kleen Corp
Bought by
Bolyard Joan M
Source: Public Records

Range of Values:

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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
Sabeeh Alhasan S $353,000 Cw Title
Kim Jae C $186,400 Fidelity National Title
Hoban Patrick T $144,000 Evergreen Title Company Inc
Bolyard Joan M $137,900 --
Safety-Kleen Corporation $132,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sabeeh Alhasan S $264,000
Previous Owner Kim Jae C $149,120
Previous Owner Hoban Patrick T $136,800
Closed Kim Jae C $27,960
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2018 03/26/18 Sold $353,000 +2.3% $215 / Sq Ft
02/20/2018 02/20/18 Pending -- -- --
02/15/2018 02/15/18 For Sale $345,000 -- $210 / 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 $5,437 $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 $4,041 $424,000 $127,000 $297,000
2020 $3,925 $332,000 $84,000 $248,000
2018 $3,979 $313,000 $84,000 $229,000
2017 $3,612 $278,000 $77,000 $201,000
2016 $3,505 $252,000 $70,000 $182,000
2015 $3,250 $234,000 $67,000 $167,000
2014 -- $222,000 $67,000 $155,000
2013 -- $184,000 $63,000 $121,000
Source: Public Records

Agents Affiliated with this Home

  • Mia Min

    Seller's Agent in 2018

    Mia Min

    Skyline Properties, Inc

    (206) 859-8001

    17 Total Sales

    Mia Min
    Section Image

  • D

    Seller Co-Listing Agent in 2018

    Daniel Min

    Skyline Properties, Inc

    (425) 455-2065

    5 Total Sales

    Daniel Min
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1245501

Northwest Multiple Listing Service (NWMLS)

APN: 542242-0490

Washington King County Federal Way 98023 Madrona Meadows - Fed Way

1313 SW 348th St, Federal Way, WA

This home is located at 1313 SW 348th St, Federal Way, WA 98023 since 15 February 2018 and is currently estimated at $599,172, approximately $365 per square foot. This property was built in 1989. 1313 SW 348th St 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.

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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