R
Seller's Agent in 2021
Richard Wenger
Skyline Properties, Inc.
(253) 350-8184
1 in this area
27 Total Sales
1730 S 305th Place Federal Way, WA 98003
Steel Lake Neighborhood
--
Bed
--
Bath
3,325
Sq Ft
9,915
Sq Ft Lot
Highlights
- RV Access or Parking
- Cul-De-Sac
- Vinyl Flooring
- Territorial View
- Patio
- 1-Story Property
About This Home
As of March 20214 plex - Hard to come by. Great return $$ on these 4 side by side homes. Each home features approximately 800 square feet, 2 bedrooms and washer and dryer. Well maintained, great cash flow, and long term tenants with leases.
Situated in the rental area of Federal Way. Shopping, bus line, high school blocks away. This area is in high demand and is situated in a prime rental area.!!!!
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 463501
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,585
Year Built
- Built in 1969
Lot Details
- 9,915 Sq Ft Lot
- Cul-De-Sac
- Property is in good condition
Home Design
- Quadruplex
- Block Foundation
- Built-Up Roof
- Wood Composite
Interior Spaces
- 3,325 Sq Ft Home
- 1-Story Property
- Vinyl Flooring
- Territorial Views
Parking
- 9 Parking Spaces
- Open Parking
- RV Access or Parking
Schools
- Federal Way Snr High School
Additional Features
- Patio
- Cable TV Available
Community Details
- Federal Way Subdivision
Listing and Financial Details
- Assessor Parcel Number 2558170100
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 5, 2020
Closed on
Feb 25, 2021
Sold by
Wislen Marc T
Bought by
Veera Venkata S Kodavati and Kodavati Satya Devi
Seller's Agent
Richard Wenger
Skyline Properties, Inc.
List Price
$645,000
Sold Price
$675,000
Premium/Discount to List
$30,000
4.65%
Total Days on Market
366
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,125
Avg. Annual Appreciation
3.63%
Original Mortgage
$506,250
Outstanding Balance
$459,645
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$323,480
Purchase Details
Listed on
Mar 24, 2013
Closed on
Jun 18, 2014
Sold by
Connor Joseph E and Connor Barbara C
Bought by
Wislen Marc T
Buyer's Agent
Richard Wenger
Skyline Properties, Inc.
List Price
$399,990
Sold Price
$395,000
Premium/Discount to List
-$4,990
-1.25%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.21%
Original Mortgage
$296,250
Interest Rate
4.16%
Purchase Details
Closed on
Dec 21, 2008
Sold by
Volosen Pavel E
Bought by
Connor Joseph E and Connor Barbara C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Interest Rate
6.1%
Purchase Details
Closed on
Jan 20, 2006
Sold by
Nguyen Vuong
Bought by
Volosen Pavel E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
6.12%
Purchase Details
Closed on
Sep 29, 2003
Sold by
Green Frank
Bought by
Nguyen Vuong
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.22%
Purchase Details
Closed on
Jan 18, 2002
Sold by
Vantram Loc and Tram Le Hong Ly
Bought by
Green Frank
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,750
Interest Rate
7.17%
Purchase Details
Closed on
Jun 10, 1992
Sold by
Tuan Quoctram
Bought by
Vanvan Tram Loc Van and Tram Hongly
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $675,000 | First American Title | |
| Warranty Deed | $395,000 | First American | |
| Warranty Deed | $460,000 | Stewart Title | |
| Warranty Deed | $425,000 | Fidelity Natio | |
| Warranty Deed | $300,000 | Fidelity Natio | |
| Warranty Deed | $253,000 | Transnation Title Insurance | |
| Quit Claim Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $506,250 | Commercial | |
| Previous Owner | $296,250 | No Value Available | |
| Previous Owner | $321,700 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $345,000 | No Value Available | |
| Previous Owner | $340,000 | No Value Available | |
| Previous Owner | $225,000 | No Value Available | |
| Previous Owner | $189,750 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/31/2021 03/31/21 | Sold | $675,000 | +4.7% | $203 / Sq Ft |
| 12/09/2020 12/09/20 | Pending | -- | -- | -- |
| 12/05/2020 12/05/20 | For Sale | $645,000 | +63.3% | $194 / Sq Ft |
| 06/19/2014 06/19/14 | Sold | $395,000 | -1.2% | $119 / Sq Ft |
| 03/26/2014 03/26/14 | Pending | -- | -- | -- |
| 03/24/2013 03/24/13 | For Sale | $399,990 | -- | $120 / Sq Ft |
Source: Northwest Multiple Listing Service (NWMLS)
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 | $8,342 | $731,000 | $225,000 | $506,000 |
| 2023 | $10,144 | $904,000 | $225,000 | $679,000 |
| 2022 | $8,100 | $792,000 | $225,000 | $567,000 |
| 2021 | $7,873 | $694,000 | $200,000 | $494,000 |
| 2020 | $6,689 | $635,000 | $200,000 | $435,000 |
| 2018 | $6,676 | $490,000 | $95,000 | $395,000 |
| 2017 | $5,841 | $454,000 | $85,000 | $369,000 |
| 2016 | $6,123 | $395,000 | $85,000 | $310,000 |
| 2015 | $5,437 | $398,000 | $85,000 | $313,000 |
| 2014 | -- | $360,000 | $75,000 | $285,000 |
| 2013 | -- | $360,000 | $75,000 | $285,000 |
Source: Public Records
Agents Affiliated with this Home
-
Richard Wenger
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 463501
APN: 255817-0100
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. ©2025 NWMLS.
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