NOT LISTED FOR SALE

2 SW 297th St Federal Way, WA 98023

Buenna Neighborhood

Estimated Value: $766,000 - $1,086,910

0.23 Acre
$4,097,730 Price per Acre
10,019 Sq Ft Lot

Last Sold May 24, 2017

Last sale price $130,000

Est. 625% increase in value since last sale

Current estimated payment $6,001/month

113 Days on Market

About This Lot

As of May 2017

Stunning panoramic view of Puget Sound, all the way to the Olympics! Located just above Redondo. Building permit is approved & waiting for you, featuring open floorplan w/main-floor master & designed specifically for this stunning view lot. Or change to your house plans if you prefer. Enjoy expansive sunsets from most every room along w/boardwalk strolls, waterfront dining & all that Redondo offers! You can close quickly & pull the permit immediately. Adjoining lot also for sale MLS #1072977.

Last Listed By

John Messer

John L. Scott, Inc Listed on: 01/03/2017

John L. Scott, Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1063237

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,701

Year Built

  • 2019

Lot Details

  • Cul-De-Sac
  • Street terminates at a dead end
  • Sloped Lot

Property Views

  • Views of a Sound
  • Mountain
  • Territorial

Utilities

  • Sewer in Street

Community Details

  • Redondo Community
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 7205310070

Property Details

Property Type

Land

Est. Annual Taxes

$8,701

Year Built

2019

Lot Details

0

Listing Details

  • Property Type: Lots And Land
  • Property Features: Corners Flagged, Lightly Treed, Partially Cleared
  • Style: 40 - Res-Less Thn 1 Ac
  • Restrictions: CCAndR
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2019

Exterior Features

  • Road Information: Paved
  • View: Mountain, Sound, Territorial
  • Water Jurisdiction: Lakehaven

Utilities

  • Electricity: In Street
  • Gas Available: In Street
  • Sewer: Available, In Street
  • Water: Available, In Street

Condo/Co-op/Association

  • Community Name: Redondo
  • Community Features: CCRs

Schools

  • Elementary School: Adelaide Elem
  • Middle School: Lakota Mid Sch
  • High School: Federal Way Snr High
  • School District: FED

Lot Info

  • Lot Number: 7
  • General Zoning Classification: Residential
  • Lot Details: Cul-De-Sac, Curbs, Dead End Street, Paved Street
  • Lot Sq Ft: 10062
  • Parcel Number: 7205310070
  • Topography: Sloped
  • Zoning Jurisdiction: City

Tax Info

  • Tax Amount: 2564

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 9, 2020
Sold by
Redondo Pro Llc
Bought by
Kes Realestate Properties Llc
Total Days on Market
113
Current Estimated Value
$942,478

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$595,273
Interest Rate
3.6%
Mortgage Type
Construction

Purchase Details

Listed on
Jan 3, 2017
Closed on
Jun 14, 2017
Sold by
Ll Management Llc
Bought by
Redondo Pro Llc
Seller's Agent
John Messer
John L. Scott, Inc
Buyer's Agent
John Messer
John L. Scott, Inc
List Price
$149,950
Sold Price
$130,000
Premium/Discount to List
-$19,950
-13.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.78%

Purchase Details

Listed on
Jan 3, 2017
Closed on
May 22, 2017
Sold by
Britt Robert C
Bought by
L L Management Llc
Seller's Agent
John Messer
John L. Scott, Inc
Buyer's Agent
John Messer
John L. Scott, Inc
List Price
$149,950
Sold Price
$130,000
Premium/Discount to List
-$19,950
-13.3%

Purchase Details

Closed on
Sep 10, 2009
Sold by
Peoples Bank
Bought by
Britt Robert

Purchase Details

Closed on
Nov 7, 2008
Sold by
Stonegate Properties
Bought by
Peoples Bank

Purchase Details

Closed on
May 11, 2006
Sold by
Smith George E
Bought by
Stonegate Properties

Purchase Details

Closed on
Jan 31, 2006
Sold by
Smith George E
Bought by
Stonegate Properties

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$760,000
Interest Rate
6.21%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 20, 1989
Sold by
Ryder Dora Mae
Bought by
Smith George E

Range of Values:

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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
Kes Realestate Properties Llc $475,000 Wfg Natl Ttl Co Of Wa Llc
Redondo Pro Llc -- None Available
L L Management Llc $130,000 Ticor National
Britt Robert $120,000 First American
Peoples Bank $192,000 First American
Stonegate Properties $208,750 Fidelity Natio
Stonegate Properties $417,500 Fidelity Natio
Smith George E $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones-Preston Janet Arrener $490,000
Open Kes Realestate Properties Llc $875,000
Closed Kes Realestate Properties Llc $595,273
Closed Kes Real Estate Llc $110,000
Previous Owner Stonegate Properties $220,000
Previous Owner Stonegate Properties $760,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2017 05/24/17 Sold $130,000 -13.3% --
04/27/2017 04/27/17 Pending -- -- --
01/03/2017 01/03/17 For Sale $149,950 -- --
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 $8,701 $872,000 $282,000 $590,000
2023 $8,543 $788,000 $256,000 $532,000
2022 $4,868 $850,000 $261,000 $589,000
2021 $4,427 $428,000 $238,000 $190,000
2020 $4,229 $365,000 $219,000 $146,000
2018 $2,637 $202,000 $202,000 $0
2017 $2,636 $189,000 $189,000 $0
2016 $2,564 $189,000 $189,000 $0
2015 $2,331 $176,000 $176,000 $0
2014 -- $164,000 $164,000 $0
2013 -- $157,000 $157,000 $0
Source: Public Records

Agents Affiliated with this Home

  • John Messer

    Seller's Agent in 2017

    John Messer

    John L. Scott, Inc

    (206) 387-3988

    3 Total Sales

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1063237

Northwest Multiple Listing Service (NWMLS)

APN: 720531-0070

Washington King County Federal Way 98023 Buenna

2 SW 297th St, Federal Way, WA

Homes for Sale in Federal Way, WA

This home is located at 2 SW 297th St, Federal Way, WA 98023 since 03 January 2017 and is currently estimated at $942,478. This property was built in 2019. 2 SW 297th St is a home located in King County with nearby schools including Adelaide Elementary School, Lakota 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.

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