Seller's Agent in 2020
Mike Rankin
COMPASS
(253) 376-0777
1 in this area
136 Total Sales
143 S 340th St Federal Way, WA 98003
West Campus - Fed Way NeighborhoodEstimated Value: $923,990 - $958,000
--
Bed
--
Bath
3,600
Sq Ft
$261/Sq Ft
Est. Value
Highlights
- Deck
- Cul-De-Sac
- Property is in very good condition
- Territorial View
- High Speed Internet
- Wood Siding
About This Home
As of July 2020Rare opportunity to own a very profitable investment! This turn key 4-plex is ready to go. Excellent cap rate, high rents, and very low maintenance. All the hard work has been done. The property has been meticulously maintained including updates in just about every unit. New windows, tile roof, new exterior paint, wood burning fireplaces in every unit, clean, and very spacious layouts. Amazing location between Tacoma & Seattle, close to schools, recreation, and freeways. So much to offer here.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 1578737
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,382
Year Built
- Built in 1977
Lot Details
- 9,925 Sq Ft Lot
- Cul-De-Sac
- Street terminates at a dead end
- Property is in very good condition
HOA Fees
- $27 Monthly HOA Fees
Home Design
- Quadruplex
- Poured Concrete
- Composition Roof
- Wood Siding
Interior Spaces
- 3,600 Sq Ft Home
- 2-Story Property
- Territorial Views
Flooring
- Wall to Wall Carpet
- Laminate
- Vinyl
Parking
- 6 Parking Spaces
- Open Parking
Outdoor Features
- Deck
Utilities
- High Speed Internet
- Cable TV Available
Community Details
- Federal Way Subdivision
Listing and Financial Details
- Assessor Parcel Number 1322010170
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 16, 2020
Closed on
Jul 30, 2020
Sold by
Hall Jarrod Christopher
Bought by
Dan Bo and Zhang Yifan
Seller's Agent
Mike Rankin
COMPASS
Buyer's Agent
Yifan Zhang
eXp Realty
List Price
$695,000
Sold Price
$663,000
Premium/Discount to List
-$32,000
-4.6%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$277,995
Avg. Annual Appreciation
7.70%
Original Mortgage
$497,250
Outstanding Balance
$446,781
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$506,132
Purchase Details
Listed on
Oct 17, 2016
Closed on
Dec 15, 2016
Sold by
Nguyen Ranly T
Bought by
Hall Jarrod Christopher
Seller's Agent
Pat Adkins
Coldwell Banker Danforth
Buyer's Agent
Mike Rankin
COMPASS
List Price
$475,000
Sold Price
$480,000
Premium/Discount to List
$5,000
1.05%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.33%
Original Mortgage
$480,000
Interest Rate
3.54%
Purchase Details
Closed on
May 4, 2012
Sold by
Schroeder Robert A
Bought by
Nguyen Ranly T
Purchase Details
Closed on
Oct 29, 2004
Sold by
Schroeder Robert A
Bought by
Nguyen Ranly R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
6%
Purchase Details
Closed on
Jun 28, 2000
Sold by
Hagener Charles R and Hagener Marian K
Bought by
Schroeder Robert A
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Dan Bo | $663,000 | Fidelity National Title | |
| Hall Jarrod Christopher | $480,000 | Ticor National | |
| Nguyen Ranly T | -- | None Available | |
| Nguyen Ranly R | $270,000 | Pacific Nw Tit | |
| Schroeder Robert A | $226,500 | Fidelity National Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Dan Bo | $497,250 | |
| Previous Owner | Hall Jarrod | $571,500 | |
| Previous Owner | Hall Jarrod Christopher | $480,000 | |
| Previous Owner | Nguyen Ranly T | $170,500 | |
| Previous Owner | Nguyen Ranly R | $210,000 | |
| Previous Owner | Schroeder Robert A | $50,205 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/31/2020 07/31/20 | Sold | $663,000 | -4.6% | $184 / Sq Ft |
| 06/19/2020 06/19/20 | Pending | -- | -- | -- |
| 06/10/2020 06/10/20 | For Sale | $695,000 | 0.0% | $193 / Sq Ft |
| 06/09/2020 06/09/20 | Price Changed | $695,000 | -5.4% | $193 / Sq Ft |
| 05/16/2020 05/16/20 | Pending | -- | -- | -- |
| 05/12/2020 05/12/20 | Price Changed | $734,900 | 0.0% | $204 / Sq Ft |
| 05/12/2020 05/12/20 | For Sale | $734,900 | +1.4% | $204 / Sq Ft |
| 05/04/2020 05/04/20 | Pending | -- | -- | -- |
| 04/30/2020 04/30/20 | For Sale | $724,900 | 0.0% | $201 / Sq Ft |
| 04/21/2020 04/21/20 | Pending | -- | -- | -- |
| 03/16/2020 03/16/20 | For Sale | $724,900 | +51.0% | $201 / Sq Ft |
| 12/16/2016 12/16/16 | Sold | $480,000 | +1.1% | $133 / Sq Ft |
| 10/25/2016 10/25/16 | Pending | -- | -- | -- |
| 10/21/2016 10/21/16 | For Sale | $475,000 | -- | $132 / Sq Ft |
Source: Northwest Multiple Listing Service (NWMLS)
Tax History Compared to Growth
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 | $8,920 | $806,000 | $200,000 | $606,000 |
| 2023 | $7,757 | $776,000 | $160,000 | $616,000 |
| 2022 | $9,675 | $773,000 | $140,000 | $633,000 |
| 2021 | $9,522 | $848,000 | $120,000 | $728,000 |
| 2020 | $7,595 | $785,000 | $120,000 | $665,000 |
| 2018 | $6,789 | $543,000 | $120,000 | $423,000 |
| 2017 | $6,221 | $468,000 | $100,000 | $368,000 |
| 2016 | $6,337 | $428,000 | $100,000 | $328,000 |
| 2015 | $5,702 | $418,000 | $68,000 | $350,000 |
| 2014 | -- | $384,000 | $68,000 | $316,000 |
| 2013 | -- | $385,000 | $68,000 | $317,000 |
Source: Public Records
Agents Affiliated with this Home
-
Mike Rankin
-
Yifan Zhang
Buyer's Agent in 2020
Yifan Zhang
eXp Realty
(408) 646-4066
3 in this area
32 Total Sales
-
Pat Adkins
Seller's Agent in 2016
Pat Adkins
Coldwell Banker Danforth
(206) 714-5130
1 in this area
8 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 1578737
APN: 132201-0170
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Based on information submitted to the MLS GRID
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