Seller's Agent in 2016
Mark Foley
RE/MAX
(206) 933-5837
293 Total Sales
1740 S 305th Place Federal Way, WA 98003
Steel Lake NeighborhoodEstimated Value: $828,626 - $849,000
--
Bed
--
Bath
2,875
Sq Ft
$292/Sq Ft
Est. Value
Highlights
- High Speed Internet
- Wall to Wall Carpet
- 1-Story Property
About This Home
As of August 2016Fourplex all on one level with a very nice side yard and off street parking for six vehicles. The property has been well maintained and the rent schedule currently provides an attractive cap rate of a full 6.7%! The grassy side yard could provide the potential to develop an additional unit or two. The property is next to a lovely green space offering a splendid situation. Seller has created storage area in the stand-up crawl space underneath the dwelling. Smart Investment Here!
Last Agent to Sell the Property
RE/MAX Metro Realty, Inc. License #17201 Listed on: 11/28/2015
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 871039
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,857
Year Built
- Built in 1969
Lot Details
- 10,700 Sq Ft Lot
- Street terminates at a dead end
- Property is in good condition
Home Design
- Quadruplex
- Poured Concrete
- Composition Roof
- Cement Board or Planked
Interior Spaces
- 2,875 Sq Ft Home
- 1-Story Property
Flooring
- Wall to Wall Carpet
- Vinyl
Parking
- 6 Parking Spaces
- Open Parking
Utilities
- High Speed Internet
- Cable TV Available
Community Details
- Firetree Estates Condos
- Federal Way Subdivision
Listing and Financial Details
- Tax Lot 9
- Assessor Parcel Number 2558170090
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 28, 2015
Closed on
Aug 17, 2016
Sold by
Anderson Larry B and Anderson Seij T
Bought by
Pellegrino David F
Seller's Agent
Mark Foley
RE/MAX Metro Realty, Inc.
Buyer's Agent
Adrienne Gillis
John L. Scott Everett
List Price
$429,975
Sold Price
$429,350
Premium/Discount to List
-$625
-0.15%
Total Days on Market
193
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
$409,463
Avg. Annual Appreciation
7.23%
Original Mortgage
$277,500
Outstanding Balance
$224,502
Interest Rate
3.41%
Estimated Equity
$567,281
Purchase Details
Closed on
Mar 21, 2005
Sold by
Blue Thomas M and Blue Jennifer C
Bought by
Anderson Larry B and Perry Seija T
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
5.5%
Purchase Details
Closed on
Jan 3, 2000
Sold by
Person Properties Inc
Bought by
Blue Thomas M and Blue Jennifer C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,000
Interest Rate
7.72%
Purchase Details
Closed on
Jan 31, 1996
Sold by
Haymond Scott M
Bought by
Person Properties Inc
Purchase Details
Closed on
Jun 28, 1995
Sold by
Haymond Michele and Haymond Michelle
Bought by
Haymond Scott M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,000
Interest Rate
7.88%
Purchase Details
Closed on
Feb 25, 1994
Sold by
Miller Arnold Arnie
Bought by
Haymond Scott M and Haymond Michele
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,760
Interest Rate
6.98%
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 |
|---|---|---|---|
| Pellegrino David F | $429,350 | First American | |
| Anderson Larry B | $340,000 | Old Republic T | |
| Blue Thomas M | $181,000 | Washington Title | |
| Person Properties Inc | $180,000 | Washington Title Company | |
| Haymond Scott M | -- | Commonwealth Title Company | |
| Haymond Scott M | $140,000 | Chicago Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Pellegrino David F | $277,500 | |
| Previous Owner | Perry Seija | $110,000 | |
| Previous Owner | Anderson Larry B | $272,000 | |
| Previous Owner | Blue Thomas M | $141,000 | |
| Previous Owner | Haymond Scott M | $118,000 | |
| Previous Owner | Haymond Scott M | $71,760 | |
| Closed | Anderson Larry B | $68,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/23/2016 08/23/16 | Sold | $429,350 | -0.1% | $149 / Sq Ft |
| 06/09/2016 06/09/16 | Pending | -- | -- | -- |
| 11/28/2015 11/28/15 | For Sale | $429,975 | -- | $150 / 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 | $8,801 | $803,000 | $225,000 | $578,000 |
| 2023 | $7,575 | $719,000 | $225,000 | $494,000 |
| 2022 | $7,639 | $752,000 | $225,000 | $527,000 |
| 2021 | $7,747 | $661,000 | $200,000 | $461,000 |
| 2020 | $6,278 | $632,000 | $200,000 | $432,000 |
| 2018 | $5,419 | $438,000 | $105,000 | $333,000 |
| 2017 | $4,934 | $368,000 | $95,000 | $273,000 |
| 2016 | $5,529 | $334,000 | $95,000 | $239,000 |
| 2015 | $4,857 | $361,000 | $95,000 | $266,000 |
| 2014 | -- | $323,000 | $90,000 | $233,000 |
| 2013 | -- | $320,000 | $75,000 | $245,000 |
Source: Public Records
Agents Affiliated with this Home
-
Mark Foley
-
Adrienne Gillis
Buyer's Agent in 2016
Adrienne Gillis
John L Scott
(425) 334-7522
15 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 871039
APN: 255817-0090
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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