NOT LISTED FOR SALE

1620 S 312th St Federal Way, WA 98003

Steel Lake Neighborhood

Estimated Value: $2,877,755

-- Bed
1 Bath
8,667 Sq Ft
$332/Sq Ft Est. Value

About This Home

This home is located at 1620 S 312th St, Federal Way, WA 98003 and is currently estimated at $2,877,755, approximately $332 per square foot. 1620 S 312th St is a home located in King County with nearby schools including Wildwood Elementary School, Sacajawea Middle School, and Federal Way High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 15, 2021
Sold by
Minkyu & Misook Llc
Bought by
Baobeimei Llc
Current Estimated Value
$2,877,755

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Outstanding Balance
$1,378,594
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
$1,527,190

Purchase Details

Closed on
Mar 9, 2015
Sold by
Jun & Kyong Conifer Square Llc
Bought by
Minkyu & Misook Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,365,000
Interest Rate
3.61%

Purchase Details

Closed on
Aug 1, 2005
Sold by
Kim Yung and Kim Soon Ja
Bought by
Jun & Kyong Conifer Square Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,492,500
Interest Rate
5.48%

Purchase Details

Closed on
Apr 2, 2004
Sold by
Chang In Young and Chang Chi Won
Bought by
Kim Yung Il and Kim Soon Ja

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,068,000
Interest Rate
5.57%

Purchase Details

Closed on
Sep 18, 2001
Sold by
Leila & Henry Vanderbeck Family Llc
Bought by
Chang In Young and Chang Chi Won

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.99%

Purchase Details

Closed on
Dec 22, 1997
Sold by
Vanderbeck Leila M
Bought by
Leila & Henry Vanderbeck Family Llc

Range of Values:

Collateral Analytics

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ICE

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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
Baobeimei Llc $2,500,000 Fidelity Natl Ttl Co Of Wa I
Minkyu & Misook Llc $2,250,000 Ticor National
Jun & Kyong Conifer Square Llc $1,990,000 Lawyers Title
Kim Yung Il $1,780,000 Chicago Title
Chang In Young $1,076,500 Chicago Title
Leila & Henry Vanderbeck Family Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baobeimei Llc $1,500,000
Previous Owner Minkyu & Misook Llc $1,365,000
Previous Owner Jun & Kyong Conifer Square Llc $1,492,500
Previous Owner Kim Yung Il $1,068,000
Previous Owner Chang In Young $400,000
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 $28,921 $2,835,200 $597,600 $2,237,600
2023 $24,218 $2,577,500 $469,600 $2,107,900
2022 $28,220 $2,418,100 $384,200 $2,033,900
2021 $29,917 $2,470,100 $384,200 $2,085,900
2020 $28,431 $2,470,100 $384,200 $2,085,900
2018 $34,399 $2,280,100 $298,800 $1,981,300
2017 $33,160 $2,415,200 $298,800 $2,116,400
2016 $25,220 $2,328,900 $256,100 $2,072,800
2015 $24,612 $1,684,900 $256,100 $1,428,800
2014 -- $1,684,900 $256,100 $1,428,800
2013 -- $1,693,200 $256,100 $1,437,100
Source: Public Records

Map

Washington King County Federal Way 98003 Steel Lake

1620 S 312th St, Federal Way, WA

Homes for Sale in Federal Way, WA

This home is located at 1620 S 312th St, Federal Way, WA 98003 and is currently estimated at $2,877,755, approximately $332 per square foot. 1620 S 312th St is a home located in King County with nearby schools including Wildwood Elementary School, Sacajawea Middle School, and Federal Way High School.

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