NOT LISTED FOR SALE

Estimated Value: $1,414,000 - $1,702,000

4 Beds
4 Baths
4,373 Sq Ft
$366/Sq Ft Est. Value

Last Sold May 15, 2020

Last sale price $1,250,000 $286 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $10,072/month

26 Days on Market

Highlights

  • Views of a Sound
  • Deck
  • Wood Flooring
  • Spa
  • Northwest Architecture
  • 1 Fireplace

About This Home

As of May 2020

Custom Northwest Contemporary hm has commanding views of Puget Sound & Olympics from nearly every rm. Grmt chefs ktchn w/expansive quartz island & stainless appliances open to living area w/vaulted ceilings, sleek gas frplc & perfect flr plan for entertaining guests. Top flr offers 2 bdrms & serene mstr ste w/Frnch drs, prvt deck, soaking tub, wine & coffee bar for relaxing mornings/evenings. Dramatic space downstairs w/wet bar & addtnl bed & bath. Enjoy sunsets w/your lap pool on spacious deck.

Last Listed By

Juli Falsetta

FirstPoint Real Estate LLC License #118630 Listed on: 02/13/2020

FirstPoint Real Estate LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1563871

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,250

Year Built

  • Built in 2020

Lot Details

  • Cul-De-Sac
  • Street terminates at a dead end
  • Partially Fenced Property
  • Terraced Lot

Parking

  • Attached Garage

Home Design

  • Northwest Architecture
  • Flat Roof Shape
  • Poured Concrete
  • Cement Board or Planked
  • Wood Composite

Interior Spaces

  • 1 Fireplace
  • Views of a Sound
  • Finished Basement
  • Natural lighting in basement

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Deck
  • Patio

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Federal Way Community

Listing and Financial Details

  • Assessor Parcel Number 5437210140

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,250

Year Built

Built in 2020

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 18 - 2 Stories W/Bsmnt
  • Architecture: Nw Contemporary
  • New Construction: Completed
  • Building Information: Built On Lot
  • Entrance Level: Main
  • New Construction: Y
  • Year Built: 2020
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Dbl Pane/Storm Windw, French Doors, High Tech Cabling, Hot Tub/Spa, Vaulted Ceilings, Walk In Pantry, Walk-In Closet
  • Floor Covering: Ceramic Tile, Hardwood, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Bedrooms: 4.00
  • Lower Level Bedroom: 1
  • Bathrooms: 3.50
  • Total Full Bathrooms: 3
  • Total Half Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Basement: Daylight, Fully Finished
  • Extra Finished Room: Lower
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 4373
  • Square Footage Finished: 4373

Exterior Features

  • Exterior: Cement Planked, Wood Products
  • Foundation: Poured Concrete
  • Roof: Flat
  • View: Sound

Garage/Parking

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

Utilities

  • Heating And Cooling: Central A/C, Wall, Ductless Hp-Mini Split, Tankless Water Heater
  • Sewer: Sewer Connected
  • Water Heater: Basement-Tankless
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Federal Way

Schools

  • School District: FED

Lot Info

  • Lot Details: Cul-De-Sac, Dead End Street, Paved Street
  • Lot Sq Ft: 12035
  • Lot Topography Vegetation: Partial Slope, Terraces
  • Parcel Number: 5437210140
  • Lot Topography: Partial Slope, Terraces

Tax Info

  • Tax Amount: 2288

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2020
Closed on
Apr 19, 2020
Sold by
Hood Gregory J and Hood Diane M
Bought by
Kim Dennis J and Kim Bo R
Seller's Agent
Juli Falsetta
FirstPoint Real Estate LLC
Buyer's Agent
Sok Cheng
The Preview Group
List Price
$1,495,000
Sold Price
$1,250,000
Premium/Discount to List
-$245,000
-16.39%
Total Days on Market
26
Current Estimated Value
$1,602,147

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$352,147
Avg. Annual Appreciation
6.77%
Original Mortgage
$907,000
Outstanding Balance
$814,199
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$924,568

Purchase Details

Closed on
May 2, 2014
Sold by
Droppers Oliver J and Droppers Oliver J
Bought by
Hood Gregory J and Hood Diane M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
4.35%
Mortgage Type
Seller Take Back

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
Kim Dennis J $1,250,000 First American Title Ins Co
Hood Gregory J $125,000 Cw Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Dennis J $907,000
Previous Owner Hood Gregory J $650,000
Previous Owner Hood Gregory J $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2020 05/15/20 Sold $1,250,000 -16.4% $286 / Sq Ft
03/10/2020 03/10/20 Pending -- -- --
02/13/2020 02/13/20 For Sale $1,495,000 -- $342 / 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 $13,250 $1,369,000 $307,000 $1,062,000
2023 $13,296 $1,237,000 $278,000 $959,000
2022 $12,308 $1,334,000 $283,000 $1,051,000
2021 $11,189 $1,106,000 $258,000 $848,000
2020 $5,919 $943,000 $237,000 $706,000
2018 $2,651 $203,000 $203,000 $0
2017 $2,650 $190,000 $190,000 $0
2016 $2,579 $190,000 $190,000 $0
2015 $2,346 $177,000 $177,000 $0
2014 -- $165,000 $165,000 $0
2013 -- $158,000 $158,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1563871

Northwest Multiple Listing Service (NWMLS)

APN: 543721-0140