NOT LISTED FOR SALE

1983 SW 345th Place Federal Way, WA 98023

Madrona Meadows - Fed Way Neighborhood

Estimated Value: $729,575 - $763,000

4 Beds
3 Baths
2,408 Sq Ft
$309/Sq Ft Est. Value

About This Home

This home is located at 1983 SW 345th Place, Federal Way, WA 98023 and is currently estimated at $744,894, approximately $309 per square foot. 1983 SW 345th Place is a home located in King County with nearby schools including Sherwood Forest Elementary School, Illahee Middle School, and Todd Beamer High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 10, 2023
Sold by
Kim Sung Gi and Young Ran
Bought by
Kim Jino
Current Estimated Value
$735,954

Purchase Details

Closed on
Dec 2, 2005
Sold by
Schneider Homes Inc
Bought by
Kim Sung G and Roh Young

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,980
Interest Rate
6.07%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

Collateral Analytics

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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.

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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.

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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.

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Average Value
Not Available
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 Jino $313 None Listed On Document
Kim Sung G $379,900 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kim Sung G $48,250
Previous Owner Kim Sung G $390,400
Previous Owner Kim Sung G $414,000
Previous Owner Kim Sung G $75,980
Source: Public Records

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 $6,728 $677,000 $172,000 $505,000
2023 $6,465 $612,000 $144,000 $468,000
2022 $5,965 $660,000 $160,000 $500,000
2021 $5,398 $528,000 $140,000 $388,000
2020 $5,255 $448,000 $96,000 $352,000
2018 $5,317 $422,000 $96,000 $326,000
2017 $5,187 $374,000 $88,000 $286,000
2016 $5,033 $365,000 $80,000 $285,000
2015 $4,670 $339,000 $77,000 $262,000
2014 -- $322,000 $77,000 $245,000
2013 -- $251,000 $81,000 $170,000
Source: Public Records

Map

Washington King County Federal Way 98023 Madrona Meadows - Fed Way

1983 SW 345th Place, Federal Way, WA

This home is located at 1983 SW 345th Place, Federal Way, WA 98023 and is currently estimated at $744,894, approximately $309 per square foot. 1983 SW 345th Place is a home located in King County with nearby schools including Sherwood Forest Elementary School, Illahee Middle School, and Todd Beamer High School.

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