NOT LISTED FOR SALE

1821 S 310th St Federal Way, WA 98003

Steel Lake Neighborhood
-- Bed
-- Bath
16,770 Sq Ft
0.94 Acres

Last Sold December 21, 2020

Last sale price $3,527,500 $210 Per Sq Ft

86 Days on Market

Highlights

  • 0.94 Acre Lot
  • Corner Lot
  • Wood Siding

About This Home

As of December 2020

Southwynd consists of 3 apartment buildings situated on 3 tax parcels, including a vacant corner lot. Diverse unit mix with spacious, open layouts that appeal to a wide variety of tenants. Appealing canvas for potential renovation. Self-managed for 15 years and meticulously maintained. Close to Federal Way Commons and Transit Center (inlc future light rail). See Offering Memorandum for full details on this great value-add opportunity in a convenient pocket of South King County.

Last Listed By

Matt Johnston

Northmarq Multifamily, LLC License #135732 Listed on: 06/17/2020

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1617083

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $23,112

Year Built

  • Built in 1963

Lot Details

  • 0.94 Acre Lot
  • Corner Lot

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 16,770 Sq Ft Home
  • 2-Story Property

Parking

  • 38 Parking Spaces
  • Open Parking

Schools

  • Wildwood Elementary School
  • Sacajawea Jnr High Middle School
  • Federal Way Snr High School

Community Details

  • Steel Lake Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7853600086

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$23,112

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1963
  • Buyer Agency Compensation: 2%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 16770
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 344

Interior Features

  • Fireplace: No
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry

Exterior Features

  • Roof: Composition
  • Lot Features: Corner Lot, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 38
  • Open Parking: Yes
  • Total Parking Spaces: 38
  • ParkingUncoveredSpaces: 38

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • WaterSewerGarbage: 10000

Fee Information

  • Annual Fuel Expense: 7822

Schools

  • Junior High Dist: Federal Way
  • High School: Federal Way Snr High
  • Middle Or Junior School: Sacajawea Jnr High

Lot Info

  • Parcel Number: 7853600086
  • Lot Size Acres: 0.9449
  • Lot Size Sq Ft: 41160
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Public Records

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 14
  • LeasedItems: Washer/Dryer
  • TotalMonthlyIncome: 22280

Multi Family

  • Gross Scheduled Income: 267360
  • Net Operating Income: 187549
  • Number Of Units Total: 20
  • Electric Expense: 10000
  • Insurance Expense: 8119
  • Leasable Area: 16508
  • UnitsInBuildingTotal: 20
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2019
  • Tax Annual Amount: 23112

MLS Schools

  • Elementary School: Wildwood Elem

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2020 12/21/20 Sold $3,527,500 -7.2% $210 / Sq Ft
09/11/2020 09/11/20 Pending -- -- --
06/17/2020 06/17/20 For Sale $3,800,000 -- $227 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    Matt Johnston

    Northmarq Multifamily, LLC

    (425) 422-7840

    1 in this area

    24 Total Sales

    Matt Johnston
    Section Image

  • J

    Seller Co-Listing Agent in 2020

    Jason Kono

    Pilot Ventures LLC

    (206) 566-6600

    1 in this area

    12 Total Sales

    Jason Kono
    Section Image
  • Matthew Miller

    Buyer's Agent in 2020

    Matthew Miller

    CPX LLC

    (503) 479-5621

    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1617083

Northwest Multiple Listing Service (NWMLS)

Washington King County Federal Way 98003 Steel Lake

1821 S 310th St, Federal Way, WA

Homes for Sale in Federal Way, WA

This home is located at 1821 S 310th St, Federal Way, WA 98003 since 17 June 2020. This property was built in 1963. 1821 S 310th St is a home located in King County with nearby schools including Wildwood Elementary School, Sacajawea Middle School, and Federal Way 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) 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.

Nearby Homes