NOT LISTED FOR SALE

1618 SW 324th Place Federal Way, WA 98023

Alderbrook Neighborhood

Estimated Value: $559,000 - $611,000

3 Beds
3 Baths
1,750 Sq Ft
$336/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 $587,761, approximately $335 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
$587,761

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
$469,288

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

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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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
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

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 $5,089 $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

Washington King County Federal Way 98023 Alderbrook

1618 SW 324th Place, Federal Way, WA

Homes for Sale in Federal Way, WA

This home is located at 1618 SW 324th Place, Federal Way, WA 98023 and is currently estimated at $587,761, approximately $335 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.

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