1618 SW 324th Place Federal Way, WA 98023
Alderbrook NeighborhoodEstimated Value: $589,000 - $627,000
3
Beds
3
Baths
1,750
Sq Ft
$346/Sq Ft
Est. Value
About This Home
This home is located at 1618 SW 324th Place, Federal Way, WA 98023 and is currently estimated at $605,414, approximately $345 per square foot. 1618 SW 324th Place is a home located in King County with nearby schools including Silver Lake Elementary School, Illahee Middle School, and Decatur High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 9, 2005
Sold by
Johnson Frank C and Johnson Sherry Steele
Bought by
Lugoloobi Isaac K
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,200
Outstanding Balance
$118,473
Interest Rate
5.87%
Mortgage Type
Stand Alone First
Estimated Equity
$472,040
Purchase Details
Closed on
Oct 19, 2000
Sold by
Steele Johnson Sherry A
Bought by
Johnson Frank C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,544
Interest Rate
7.89%
Mortgage Type
FHA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Lugoloobi Isaac K | $271,500 | Stewart Title | |
Johnson Frank C | -- | Stewart Title | |
Johnson Frank C | $178,000 | Stewart Title |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Lugoloobi Isaac K | $217,200 | |
Previous Owner | Johnson Frank C | $176,544 | |
Closed | Lugoloobi Isaac K | $54,300 |
Source: Public Records
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 | $5,089 | $506,000 | $154,000 | $352,000 |
2023 | $5,050 | $458,000 | $129,000 | $329,000 |
2022 | $4,505 | $494,000 | $143,000 | $351,000 |
2021 | $3,725 | $395,000 | $125,000 | $270,000 |
2020 | $3,622 | $305,000 | $81,000 | $224,000 |
2018 | $3,673 | $288,000 | $81,000 | $207,000 |
2017 | $3,334 | $256,000 | $74,000 | $182,000 |
2016 | $3,243 | $232,000 | $68,000 | $164,000 |
2015 | $3,009 | $216,000 | $65,000 | $151,000 |
2014 | -- | $205,000 | $65,000 | $140,000 |
2013 | -- | $178,000 | $67,000 | $111,000 |
Source: Public Records
Map
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