NOT LISTED FOR SALE

Estimated Value: $894,000 - $1,066,000

4 Beds
2.5 Baths
3,138 Sq Ft
$314/Sq Ft Est. Value

Last Sold May 23, 2023

Last sale price $1,050,000 $335 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $6,157/month

107 Days on Market

Highlights

  • New Construction
  • Modern Architecture
  • No HOA
  • Solar Power System
  • Corner Lot
  • Walk-In Pantry

About This Home

As of May 2023

Perfect opportunity to own a luxury home that is walking distance to Steel Lake. This spacious home features 4 bedrooms, 2.5 bathrooms, and a den on the main floor. The main floor features an open layout with high ceilings and 8 foot doors. A covered outdoor patio is accessible from the great room via sliding glass doors, making this a great entertainment home. Not only does the home encompass a modern design, but modern technology such as a retractable central vacuuming system, solar panels, air conditioning, and EV charging station in the garage. Unparalleled quality.

Last Listed By

Maninder Khatkar

Next Horizon Realty License #48028 Listed on: 01/15/2023

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2027942

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,006

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 9,049 Sq Ft Lot
  • North Facing Home
  • Corner Lot
  • Property is in very good condition

Parking

  • 3 Car Attached Garage

Home Design

  • Modern Architecture
  • Poured Concrete
  • Bitumen Roof

Interior Spaces

  • 3,138 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Skylights
  • Electric Fireplace
  • French Doors
  • Dining Room
  • Vinyl Flooring
  • Home Security System

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Schools

  • Federal Way Snr High School

Utilities

  • High Efficiency Air Conditioning
  • Central Air
  • High Efficiency Heating System
  • Heat Pump System
  • Water Heater
  • High Tech Cabling

Additional Features

  • Solar Power System
  • Patio

Community Details

  • No Home Owners Association
  • Built by Acadia Builders Group
  • Federal Way Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7853600006

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,006

Year Built

Built in 2023 | New Construction

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 12 - 2 Story
  • Year Built: 2023
  • Inclusions: Dishwasher,DoubleOven,Dryer,GarbageDisposal,Microwave,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Modern
  • Unit Levels: Two
  • New Construction: Yes
  • CalculatedSquareFootage: 3138
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • EstimatedCompletionDate: 2023-01-20
  • NewConstruction: Presale
  • Special Features: NewHome
  • Cumulative Days on Market: 822

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Appliances: Dishwasher, Double Oven, Dryer, Disposal, Microwave, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Electric
  • Fireplace: Yes
  • Flooring: Vinyl
  • Interior Amenities: Central A/C, Forced Air, Heat Pump, Built-In Vacuum, Dining Room, French Doors, High Tech Cabling, Security System, Skylight(s), Walk-In Closet(s), Walk-In Pantry, Water Heater
  • Living Area: 3138
  • Bathrooms: 2.5
  • BathsFullMain: 0
  • FireplacesMain: 1
  • SquareFootageFinished: 3138
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 2
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 4
  • AppliancesIncluded: Dishwasher,Double Oven,Dryer,Garbage Disposal,Microwave,Refrigerator,Stove/Range,Washer
  • FireplacesLower: 0
  • FireplacesUpper: 0

Exterior Features

  • Roof: Torch Down
  • Lot Features: Corner Lot, Paved
  • View: No
  • Waterfront: No
  • Builder Name: Acadia Builders Group
  • Direction Faces: North
  • Exterior Features: See Remarks
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: House
  • ConstructionMethods: Standard Frame

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
  • PowerCompany: Puget Sound Energy
  • SewerCompany: Lakehaven Water & Sewer District
  • WaterCompany: Lakewaven Water
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Federal Way
  • High School: Federal Way Snr High

Lot Info

  • Parcel Number: 7853600006
  • Land Lease: No
  • Lot Size Acres: 0.2077
  • Lot Size Sq Ft: 9049
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Electric Car Charging,Patio
  • MLSLotSizeSource: Survey
  • MLSSquareFootageSource: Architect Plans
  • ZoningJurisdiction: City

Green Features

  • Efficiency: High Efficiency (Unspecified)
  • Green Power: Solar
  • Power Production Type: Electric, Solar PV

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2022

Multi Family

  • EnergySource: Electric,Solar PV

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2023
Closed on
May 19, 2023
Sold by
Acadia Builders Group Llc
Bought by
Pham Kim-Dung Thi and Phan Ngoc-Lan Thi
Seller's Agent
Maninder Khatkar
Next Horizon Realty
Buyer's Agent
Khanh Nguyen
KW Mountains to Sound Realty
List Price
$1,249,000
Sold Price
$1,050,000
Premium/Discount to List
-$199,000
-15.93%
Total Days on Market
107
Views
114
Current Estimated Value
$985,543

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$64,457
Avg. Annual Appreciation
-4.57%
Original Mortgage
$550,000
Outstanding Balance
$537,913
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$418,298

Purchase Details

Closed on
Mar 24, 2021
Sold by
Barrett Mark and Barrett Kelly
Bought by
Acadia Builders Group Llc

Purchase Details

Closed on
Jul 12, 2017
Sold by
Lindberg Mark and Lindberg Brent
Bought by
Barrett Mark and Barrett Kelly

Range of Values:

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Average Value
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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
Pham Kim-Dung Thi $1,050,000 Wfg National Title Company Of
Acadia Builders Group Llc $185,000 Fidelity Natl Ttl Co Of Wa
Barrett Mark -- First American Title Insuran
Barrett Mark $13,000 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pham Kim-Dung Thi $550,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2023 05/23/23 Sold $1,050,000 -8.6% $335 / Sq Ft
05/02/2023 05/02/23 Pending -- -- --
03/15/2023 03/15/23 Price Changed $1,149,000 -4.2% $366 / Sq Ft
02/17/2023 02/17/23 Price Changed $1,199,000 -4.0% $382 / Sq Ft
02/17/2023 02/17/23 For Sale $1,249,000 0.0% $398 / Sq Ft
02/08/2023 02/08/23 Pending -- -- --
01/31/2023 01/31/23 Price Changed $1,249,000 -3.8% $398 / Sq Ft
01/15/2023 01/15/23 For Sale $1,299,000 -- $414 / 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 $8,006 $808,000 $148,000 $660,000
2023 $7,599 $735,000 $135,000 $600,000
2022 $1,443 $798,000 $144,000 $654,000
2021 $1,327 $131,000 $131,000 $0
2020 $1,113 $113,000 $113,000 $0
2018 $17 $91,000 $91,000 $0
2017 $17 $1,000 $1,000 $0
2016 $18 $1,000 $1,000 $0
2015 $17 $1,000 $1,000 $0
2014 -- $1,000 $1,000 $0
2013 -- $1,000 $1,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2027942

Northwest Multiple Listing Service (NWMLS)

APN: 785360-0006