NOT LISTED FOR SALE

Estimated Value: $642,000 - $709,000

4 Beds
3 Baths
2,070 Sq Ft
$328/Sq Ft Est. Value

Last Sold January 14, 2022

Last sale price $590,000 $285 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $4,101/month

10 Days on Market

Highlights

  • Second Kitchen
  • Two Primary Bedrooms
  • Deck
  • RV Access or Parking
  • Fruit Trees
  • Property is near public transit

About This Home

As of January 2022

ADU!!! That's right a remodeled 1310 Square foot rambler with a 760 Square foot income generating Apartment with separate entrance on a massive 1/4 acre lot in Federal Way. This lovingly cared for home features: 3 large bedrooms, completely remodeled 3/4 bath with a large walk in shower tile accents and quartz counter tops, high quality through out the eat in kitchen that has new cabinets, granite countertops, undermount sink, full tile backsplashes, under cabinet lighting, moon and recessed lighting, bamboo flooring, metal roofing, leaf guard gutters, completely re plumbed and generator ready. The 1 bedroom ADU features the same qualities as the house. Do not miss this opportunity to be a home owner and an investor!

Last Agent to Sell the Property

Cory Moffett

Gateway Real Estate License #50649 Listed on: 12/03/2021

Gateway Real Estate

Last Buyer's Agent

Eddy Pang

TEC Real Estate Inc. License #91643

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1869632

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,883

Year Built

  • Built in 1959

Lot Details

  • 0.26 Acre Lot
  • Street terminates at a dead end
  • Property is Fully Fenced
  • Secluded Lot
  • Level Lot
  • Fruit Trees
  • Wooded Lot
  • Garden

Parking

  • 1 Car Attached Garage
  • RV Access or Parking

Home Design

  • Poured Concrete
  • Metal Roof
  • Wood Siding
  • Cement Board or Planked

Interior Spaces

  • 2,070 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Bamboo Flooring

Kitchen

  • Second Kitchen
  • Oven or Range
  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • Double Master Bedroom

Outdoor Features

  • Deck
  • Patio

Utilities

  • High Speed Internet
  • Cable TV Available

Additional Features

  • ADU includes 1 Bedroom and 1 Bathroom
  • Property is near public transit

Community Details

  • No Home Owners Association
  • Federal Way Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3674400207

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,883

Year Built

Built in 1959

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 10 - 1 Story
  • Year Built: 1959
  • Inclusions: Dishwasher,Microwave,Refrigerator,StoveRange
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 2070
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • AccessoryDwellingUnit: AttachedDwelling
  • Special Features: VirtualTour
  • Cumulative Days on Market: 1,242

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Appliances: Dishwasher, Microwave, Refrigerator, Stove/Range
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Flooring: Bamboo/Cork
  • Interior Amenities: Forced Air, Bamboo/Cork, Second Kitchen, Second Primary Bedroom
  • Living Area: 2070
  • Main Level Bedrooms: 3
  • Bathrooms: 2.75
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 2070
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 1
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 1
  • AppliancesIncluded: Dishwasher,Microwave,Refrigerator,Stove/Range
  • ADUBaths: 1
  • ADUBeds: 1

Exterior Features

  • Roof: Metal
  • Lot Features: Dead End Street, Secluded
  • View: No
  • Waterfront: No
  • Exterior Features: Cement Planked, Wood
  • Foundation Details: Poured Concrete
  • Structure Type: House
  • BusLineNearby: true

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: RV Parking, Attached Garage
  • Total Parking Spaces: 1

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Natural Gas Connected
  • HeatingCoolingType: Forced Air
  • PowerCompany: PSE
  • SewerCompany: Lake Haven
  • WaterCompany: Lake Haven
  • CableConnected: Comcast
  • InternetConnected: Comcast

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Federal Way

Lot Info

  • Parcel Number: 3674400207
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 0.2583
  • Lot Size Sq Ft: 11250
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Fully,Gas Available,High Speed Internet,Patio,RV Parking
  • MLSLotSizeSource: Relist
  • MLSSquareFootageSource: Relist
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2021
  • Tax Annual Amount: 4883

Multi Family

  • EnergySource: Natural Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2021
Closed on
Jan 13, 2022
Sold by
Terry Stephen M and Terry Audrey H
Bought by
Ma Chongwei and Guo Jiao
Seller's Agent
Cory Moffett
Gateway Real Estate
Buyer's Agent
Eddy Pang
TEC Real Estate Inc.
List Price
$575,000
Sold Price
$590,000
Premium/Discount to List
$15,000
2.61%
Total Days on Market
10
Current Estimated Value
$678,973

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,973
Avg. Annual Appreciation
3.29%
Original Mortgage
$603,570
Outstanding Balance
$561,525
Interest Rate
3.05%
Mortgage Type
VA
Estimated Equity
$96,741

Purchase Details

Listed on
Dec 3, 2021
Closed on
Jan 7, 2022
Sold by
Terry Stephen M and Terry Audrey H
Bought by
Ma Chongwei and Guo Jiao
Seller's Agent
Cory Moffett
Gateway Real Estate
Buyer's Agent
Eddy Pang
TEC Real Estate Inc.
List Price
$575,000
Sold Price
$590,000
Premium/Discount to List
$15,000
2.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$603,570
Outstanding Balance
$561,525
Interest Rate
3.05%
Mortgage Type
VA
Estimated Equity
$96,741

Purchase Details

Closed on
May 14, 1992
Sold by
Blanchett-Larson Susan M
Bought by
Terry Stephen M and Terry Audrey H
Source: Public Records

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Range of Values:

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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
Ma Chongwei $590,000 First American Title Ins Co
Ma Chongwei $590,000 First American Title
Terry Stephen M $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ma Chongwei $603,570
Closed Ma Chongwei $603,570
Previous Owner Terry Audrey H $165,000
Previous Owner Terry Stephen M $210,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2022 01/14/22 Sold $590,000 +2.6% $285 / Sq Ft
12/13/2021 12/13/21 Pending -- -- --
12/03/2021 12/03/21 For Sale $575,000 -- $278 / 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 $5,960 $597,000 $158,000 $439,000
2023 $6,228 $543,000 $144,000 $399,000
2022 $5,350 $635,000 $154,000 $481,000
2021 $4,883 $472,000 $140,000 $332,000
2020 $4,637 $404,000 $121,000 $283,000
2018 $4,718 $368,000 $98,000 $270,000
2017 $4,351 $331,000 $98,000 $233,000
2016 $3,883 $305,000 $94,000 $211,000
2015 $3,349 $260,000 $86,000 $174,000
2014 -- $229,000 $80,000 $149,000
2013 -- $193,000 $80,000 $113,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1869632

Northwest Multiple Listing Service (NWMLS)

APN: 367440-0207