NOT LISTED FOR SALE

1428 S 308th Ln Unit 1428 Federal Way, WA 98003

Mirror Lake Neighborhood

Estimated Value: $282,000 - $336,000

2 Beds
2 Baths
968 Sq Ft
$319/Sq Ft Est. Value

Last Sold January 06, 2017

Last sale price $137,000 $142 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $2,001/month

18 Days on Market

Highlights

  • Territorial View
  • Ceramic Tile Flooring
  • Garage
  • 1 Fireplace

About This Home

As of January 2017

Cozy 2 bedroom townhome in Federal Way close to a huge variety of shopping, restaurants and bus-lines. Recent improvements include recently painted downstairs, upstairs bath and bedrooms, both bathrooms remodeled with tile flooring, brand new soaking bathtub and surround in upstairs bath and new Bosch dishwasher. Private backyard patio plus a 1-car garage with inside access to your home for security. Monthly HOA dues include garbage, water and sewer.

Last Agent to Sell the Property

Larry Lamb

John L. Scott, Inc Listed on: 10/27/2016

Last Buyer's Agent

Mike Yun

Better Properties RE King License #26066

Better Properties RE King

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1043665

Northwest Multiple Listing Service (NWMLS)

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,291

Year Built

  • Built in 1990

Lot Details

  • 1.24

Parking

  • Garage

Home Design

  • Composition Roof
  • Wood Composite

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Territorial Views

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile

Listing and Financial Details

  • Assessor Parcel Number 0687950120

Community Details

Overview

  • Federal Way Community

Pet Policy

  • Pets allowed on a case-by-case basis
  • Pet Restriction

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,291

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 32 - Townhouse
  • Architecture: Townhouse
  • Entrance Level: Main
  • Unit Floor Number: 1
  • Year Built: 1990
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Floor Covering: Ceramic Tile, Laminate, Wall To Wall Carpet
  • Appliance Hookups: Cooking-Electric, Dryer-Electric, Washer
  • Appliances That Stay: Dishwasher, Garbage Disposal, Range/Oven
  • Bedrooms: 2.00
  • Bathrooms: 1.50
  • Total Full Bathrooms: 1
  • Total Half Bathrooms: 1
  • Lower Level Half Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplace Type: Wood
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Dining Room: Main
  • Kitchen: Main
  • Living Room: Main
  • Estimated Sq Ft: 968

Exterior Features

  • Exterior: Wood Products
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Parking Type: Individual Garage

Utilities

  • Heating And Cooling: Baseboard

Condo/Co-op/Association

  • Numberof Units In Complex: 30
  • HOA Fees: 240
  • Community Name: Federal Way
  • Project: Bellridge Townhouses
  • Cats And Dogs: Subj To Restrictions
  • Manager Contact Information: Zaran Sayre (253) 838-9422
  • Association Contact: Jason Drengson
  • Home Owner Dues Included: Garbage, Water/Sewer
  • Unit Features: Balcony/Deck/Patio, Insulated Windows, Yard

Schools

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

Lot Info

  • Lot Details: Curbs, Paved Street
  • Parcel Number: 0687950120

Tax Info

  • Tax Amount: 1858

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2016
Closed on
Dec 19, 2016
Sold by
Fox Karen S
Bought by
Kim Jina and Kim Danny
Seller's Agent
Larry Lamb
John L. Scott, Inc
Buyer's Agent
Mike Yun
Better Properties RE King
List Price
$143,000
Sold Price
$137,000
Premium/Discount to List
-$6,000
-4.2%
Total Days on Market
18
Current Estimated Value
$308,595

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,595
Avg. Annual Appreciation
10.75%
Original Mortgage
$108,000
Outstanding Balance
$90,073
Interest Rate
4.03%
Estimated Equity
$232,842

Purchase Details

Closed on
Mar 28, 2001
Sold by
Dungan Kenneth E
Bought by
Fox Karen S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,700
Interest Rate
7.06%
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
Kim Jina $137,000 Old Republic T
Fox Karen S $111,320 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Jina $108,000
Previous Owner Fox Karen S $81,839
Previous Owner Fox Karen S $101,920
Previous Owner Fox Karen S $105,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2017 01/06/17 Sold $137,000 -4.2% $142 / Sq Ft
11/15/2016 11/15/16 Pending -- -- --
10/27/2016 10/27/16 For Sale $143,000 -- $148 / 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 $3,291 $290,000 $28,000 $262,000
2023 $2,574 $304,000 $19,200 $284,800
2022 $2,480 $263,000 $17,500 $245,500
2021 $2,634 $220,000 $15,700 $204,300
2020 $2,179 $220,000 $15,700 $204,300
2018 $2,062 $166,000 $14,000 $152,000
2017 $1,962 $145,000 $14,000 $131,000
2016 $1,858 $138,000 $14,000 $124,000
2015 $1,515 $125,000 $14,000 $111,000
2014 -- $104,000 $14,000 $90,000
2013 -- $78,000 $14,000 $64,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1043665

Northwest Multiple Listing Service (NWMLS)

APN: 068795-0120