NOT LISTED FOR SALE

2007 SW 318th Place Unit A Federal Way, WA 98023

Lakota Neighborhood

Estimated Value: $301,000 - $314,466

2 Beds
2 Baths
1,207 Sq Ft
$254/Sq Ft Est. Value

About This Home

This home is located at 2007 SW 318th Place Unit A, Federal Way, WA 98023 and is currently estimated at $306,617, approximately $254 per square foot. 2007 SW 318th Place Unit A is a home located in King County with nearby schools including Adelaide Elementary School, Lakota Middle School, and Decatur High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 2023
Sold by
Palencia Aquiles F Mclellan and Palencia Timothy
Bought by
Stiver David
Current Estimated Value
$306,617

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$341,880
Outstanding Balance
$330,125
Interest Rate
4%
Mortgage Type
VA
Estimated Equity
-$12,955

Purchase Details

Closed on
Jun 14, 2022
Sold by
Mclellan Pelencia Aquiles F
Bought by
Palencia Aquiles F Mclellan and Mclellan Timothy

Purchase Details

Closed on
May 11, 2020
Sold by
Mclellan Timothy M and Mclellan Aquilies F
Bought by
Palcenia Aquiles F Mclellan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,960
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
May 5, 2020
Sold by
Kayano Eiko C
Bought by
Palencia Aquiles F Mclellan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,960
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 9, 2015
Sold by
Fannie Mae
Bought by
Kavano Eiko C

Purchase Details

Closed on
Feb 12, 2015
Sold by
Swearingen Jeffrey M
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 9, 2007
Sold by
Jones Allen G and Jones Donna L
Bought by
Swearingen Jeffrey M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,000
Interest Rate
6.51%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 11, 1993
Sold by
Lindman Baine Lynda
Bought by
Leist-Jo Jones_Allen G and Leist-Jo Donna L

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.

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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

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Quantarium

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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
Stiver David $330,000 Ticor Title
Palencia Aquiles F Mclellan -- None Listed On Document
Palcenia Aquiles F Mclellan -- Rainier Title
Palencia Aquiles F Mclellan $223,000 Rainier Title
Kavano Eiko C -- Chicago Title
Federal National Mortgage Association $204,913 None Available
Swearingen Jeffrey M $181,000 Stewart Title
Leist-Jo Jones_Allen G $72,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stiver David $341,880
Previous Owner Palcenia Aquiles F Mclellan $218,960
Previous Owner Palencia Aquiles F Mclellan $8,758
Previous Owner Swearingen Jeffrey M $181,000
Previous Owner Jones Allen G $85,560
Closed Palencia Aquiles F Mclellan $0
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 $3,552 $302,000 $55,800 $246,200
2023 $2,627 $321,000 $38,300 $282,700
2022 $2,415 $261,000 $34,800 $226,200
2021 $2,275 $208,000 $31,300 $176,700
2020 $282 $109,000 $24,400 $84,600
2018 $403 $109,000 $24,400 $84,600
2017 $588 $141,000 $27,900 $113,100
2016 $1,669 $120,000 $24,400 $95,600
2015 $1,388 $109,000 $24,400 $84,600
2014 -- $92,000 $20,900 $71,100
2013 -- $62,000 $20,900 $41,100
Source: Public Records

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