1706 SW 318th Place Unit B Federal Way, WA 98023
Lakota NeighborhoodEstimated Value: $284,000 - $298,000
2
Beds
2
Baths
1,207
Sq Ft
$242/Sq Ft
Est. Value
About This Home
This home is located at 1706 SW 318th Place Unit B, Federal Way, WA 98023 and is currently estimated at $292,209, approximately $242 per square foot. 1706 SW 318th Place Unit B is a home located in King County with nearby schools including Adelaide Elementary School, Lakota Middle School, and Decatur High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 18, 2018
Sold by
Farnam Paula C and Mink Paula C
Bought by
Rose Dianne
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
$160,000
Outstanding Balance
$137,765
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$154,444
Purchase Details
Closed on
May 27, 1998
Sold by
Cheng Mark Siu Fai
Bought by
Mink Paula C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,000
Interest Rate
7.17%
Purchase Details
Closed on
Jan 9, 1995
Sold by
Dod Russell E and Barrett Betty Jean
Bought by
Cheng Mark Siu Fai
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,500
Interest Rate
9.28%
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 |
|---|---|---|---|
| Rose Dianne | $210,000 | Chicago Title | |
| Mink Paula C | $81,000 | -- | |
| Cheng Mark Siu Fai | $70,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rose Dianne | $160,000 | |
| Previous Owner | Mink Paula C | $51,000 | |
| Previous Owner | Cheng Mark Siu Fai | $52,500 |
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 | $3,405 | $286,000 | $55,800 | $230,200 |
| 2023 | $3,195 | $287,000 | $38,300 | $248,700 |
| 2022 | $2,415 | $261,000 | $34,800 | $226,200 |
| 2021 | $2,391 | $208,000 | $31,300 | $176,700 |
| 2020 | $2,146 | $194,000 | $31,300 | $162,700 |
| 2018 | $2,052 | $162,000 | $27,900 | $134,100 |
| 2017 | $1,756 | $141,000 | $27,900 | $113,100 |
| 2016 | $1,669 | $120,000 | $24,400 | $95,600 |
| 2015 | $1,388 | $109,000 | $24,400 | $84,600 |
| 2014 | -- | $92,000 | $20,900 | $71,100 |
| 2013 | -- | $62,000 | $20,900 | $41,100 |
Source: Public Records
Map
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