Listed by KB Home Sales, Bought with Golden Realty
NOT LISTED FOR SALE

1750 (Lot 3) SW 344th Place Federal Way, WA 98023

Madrona Meadows - Fed Way Neighborhood

Estimated Value: $718,000 - $998,000

3 Beds
2.5 Baths
2,146 Sq Ft
$412/Sq Ft Est. Value

Last Sold September 28, 2022

Last sale price $904,856 $422 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $5,506/month

15 Days on Market

Highlights

  • Under Construction
  • Walk-In Pantry
  • 3 Car Attached Garage
  • 2 Fireplaces
  • Double Oven
  • 4-minute walk to Danville Station Park

About This Home

As of September 2022

Wonderful hard to find rambler in brand new Terrace at Twin Lakes by Pacific Lifestyle Homes, a collection of 8 stunning new homes. Grand, welcoming entry ushers you in to the great room complete with 12' soaring ceilings, expansive windows, and beautiful, millwork wrapped windows & doors. Snuggle up next to the outdoor fireplace and enjoy the outdoors year round. Primary bedroom is located away from other bedrooms offering privacy. Serene primary bath with walk-in shower, soaking tub, and walk-in closet. 3-car garage and ample-sized laundry room offers storage galore. Limited time to personalize finishes for this home. Hurry! Last rambler left. In Permitting. Est. Summer completion. Photos/tour of different homes. Homesite #3

Last Agent to Sell the Property

Amy Whitaker

KB Home Sales License #110773 Listed on: 12/26/2021

Last Buyer's Agent

Joe Shin

Golden Realty License #132535

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1874233

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,109

Year Built

  • Built in 2022 | Under Construction

Lot Details

  • 7,240 Sq Ft Lot
  • South Facing Home
  • Irrigation

HOA Fees

  • $87 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 2,146 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Gas Fireplace
  • French Doors

Kitchen

  • Walk-In Pantry
  • Double Oven
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet

Home Security

  • Home Security System
  • Storm Windows

Outdoor Features

  • Patio

Schools

  • Sherwood Forest Elementary School
  • Illahee Jnr High Middle School
  • Todd Beamer High School

Utilities

  • Heat Pump System
  • Smart Home Wiring
  • Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • J&M Management Association
  • Secondary HOA Phone (253) 848-1947
  • Built by Pacific Lifestyle Homes
  • Federal Way Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 2421039031

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,109

Year Built

Built in 2022 | Under Construction

Lot Details

0

HOA Fees

$87 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 12 - 2 Story
  • Year Built: 2022
  • Inclusions: Dishwasher,DoubleOven,GarbageDisposal,Microwave,StoveRange
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Terrace at Twin Lakes
  • Unit Levels: Two
  • New Construction: Yes
  • CalculatedSquareFootage: 2146
  • SeniorExemption: false
  • EstimatedCompletionDate: 2022-09-15
  • NewConstruction: Under Construction
  • Special Features: 4098
  • Cumulative Days on Market: 1,058

Interior Features

  • Fireplaces: 2
  • Basement: None
  • Appliances: Dishwasher, Double Oven, Disposal, Microwave, Stove/Range
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Laminate, Vinyl, Carpet
  • Interior Amenities: Forced Air, Heat Pump, Ceramic Tile, Wall to Wall Carpet, Laminate, Bath Off Primary, SMART Wired, Double Pane/Storm Window, French Doors, Security System, Walk-In Pantry, Walk-In Closet(s), Water Heater
  • Living Area: 2146
  • Main Level Bedrooms: 3
  • Bathrooms: 2.5
  • BathsFullMain: 2
  • FireplacesMain: 2
  • SquareFootageFinished: 2146
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher,Double Oven,Garbage Disposal,Microwave,Stove/Range

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Builder Name: Pacific Lifestyle Homes
  • Direction Faces: South
  • Exterior Features: Cement Planked
  • Foundation Details: Poured Concrete
  • Property Condition: Under Construction
  • Structure Type: House

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage
  • Total Parking Spaces: 3

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Electricity Available, Natural Gas Connected, Common Area Maintenance
  • HeatingCoolingType: Forced Air,Heat Pump
  • PowerCompany: PSE
  • SewerCompany: Lakehaven Sewer
  • WaterCompany: Lakehaven Water
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Electric Hybrid Heat Pump
  • CableConnected: Comcast
  • InternetConnected: Comcast

Condo/Co-op/Association

  • Community Features: CCRs
  • Senior Community: No
  • Association Fee: 87
  • Association Fee Frequency: Monthly
  • Phone: 253-848-1947
  • Association: Yes
  • AssociationContactName: J&M Management

Schools

  • Junior High Dist: Federal Way
  • High School: Todd Beamer High
  • Middle Or Junior School: Illahee Jnr High

Lot Info

  • Parcel Number: 2421039031
  • Land Lease: No
  • Lot Size Acres: 0.1662
  • Lot Size Sq Ft: 7240
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Gas Available,High Speed Internet,Irrigation,Patio
  • MLSLotSizeSource: Builder
  • MLSSquareFootageSource: Builder
  • ZoningJurisdiction: City
  • LotNumber: 3
  • IrrigationComments: Front/Rear Yard Irrigation

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2022
  • Tax Annual Amount: 1

Multi Family

  • EnergySource: Electric,Natural Gas

MLS Schools

  • Elementary School: Sherwood Forest Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 26, 2021
Closed on
Sep 21, 2022
Sold by
Garrette Custom Homes
Bought by
Kim Bruce Hong and Kim Hee Jung
Seller's Agent
Amy Whitaker
KB Home Sales
Buyer's Agent
Joe Shin
Golden Realty
List Price
$871,900
Sold Price
$904,856
Premium/Discount to List
$32,956
3.78%
Current Estimated Value
$843,797

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$61,059
Original Mortgage
$471,900
Outstanding Balance
$409,670
Interest Rate
4.55%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Kim Bruce Hong $904,856 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Bruce Hong $471,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2022 09/28/22 Sold $904,856 +3.8% $422 / Sq Ft
01/10/2022 01/10/22 Pending -- -- --
12/26/2021 12/26/21 For Sale $871,900 -- $406 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

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 $9,109 $960,000 $184,000 $776,000
2023 $1,633 $868,000 $154,000 $714,000
2022 $267 $171,000 $171,000 $0
2021 $267 $24,300 $24,300 --
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2022

    Amy Whitaker

    KB Home Sales

    (425) 891-6244

    4 in this area

    123 Total Sales

    Section Image
  • Joe Shin

    Buyer's Agent in 2022

    Joe Shin

    Golden Realty

    (206) 861-3397

    1 in this area

    5 Total Sales

    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1874233

Northwest Multiple Listing Service (NWMLS)

APN: 242103-9031

Washington King County Federal Way 98023 Madrona Meadows - Fed Way

1750 (Lot 3) SW 344th Place, Federal Way, WA

This home is located at 1750 (Lot 3) SW 344th Place, Federal Way, WA 98023 since 26 December 2021 and is currently estimated at $884,469, approximately $412 per square foot. This property was built in 2022. 1750 (Lot 3) SW 344th Place is a home located in King County with nearby schools including Sherwood Forest Elementary School, Illahee Middle School, and Todd Beamer High School.

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.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. 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. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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