Listed by John L. Scott, Inc
NOT LISTED FOR SALE

2010 SW 356th St Federal Way, WA 98023

Madrona Meadows - Fed Way Neighborhood

Estimated Value: $26,485,480

2.21 Acres
$11,984,380 Price per Acre
96,268 Sq Ft Lot

Last Sold February 12, 2018

Last sale price $975,000

Est. 2,616% increase in value since last sale

Current estimated payment $157,084/month

1,062 Days on Market

About This Lot

As of February 2018

2.2 acres of level commercial property (BN) in Federal Way. 240 feet of frontage on 21st Ave SW and 154 feet of frontage on SW 356th St. Water line is in right of way on east side of street. Sewer is on the west side of property and sewer stub available to service property. Electricity & gas available. Preliminary approval from City of Federal Way to build a self storage facility on this site.

Last Agent to Sell the Property

Dale Myers

John L. Scott, Inc License #6110 Listed on: 12/07/2013

John L. Scott, Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM572377

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $199,970

Lot Details

  • Corner Lot
  • Level Lot

Property Views

  • Territorial Views

Community Details

  • S Federal Way Community

Listing and Financial Details

  • Assessor Parcel Number 2521039010

Property Details

Property Type

Land

Est. Annual Taxes

$199,970

Lot Details

0

Listing Details

  • Property Type: Lots And Land
  • Property Features: Brush
  • Style: 43 - Comm/Industrial
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Level: Property is level & on grade with street

Exterior Features

  • Road Information: County Right of Way, Paved
  • Road On Which Sideof Property: West & South
  • View: Territorial
  • Water Jurisdiction: Lakehaven

Utilities

  • Electricity: In Street
  • Gas Available: Available
  • Sewer: On Property
  • Water: In Street

Condo/Co-op/Association

  • Community Name: S Federal Way

Schools

  • Elementary School: Buyer To Verify
  • Middle School: Buyer To Verify
  • High School: Buyer To Verify
  • School District: FED

Lot Info

  • Easements: See title report
  • General Zoning Classification: Commercial
  • Improvements: Fenced-Partially
  • Lot Details: Corner Lot, Curbs, Paved Street
  • Lot Dimensions: Irregular
  • Lot Sq Ft: 96184
  • Parcel Number: 2521039010
  • Topography: Level
  • Zoning Jurisdiction: City
  • Zoning Remarks: BN

Tax Info

  • Tax Amount: 12505

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 16, 2021
Sold by
Fws-Oivf Llc
Bought by
Public Storage
Current Estimated Value
$26,485,480

Purchase Details

Closed on
Jul 16, 2018
Sold by
Fws Oivf Llc
Bought by
City Of Federal Way

Purchase Details

Listed on
Dec 7, 2013
Closed on
Feb 7, 2018
Sold by
21St Ave Sw Associates
Bought by
Fws Oivf Llc
Seller's Agent
Dale Myers
John L. Scott, Inc
List Price
$897,950
Sold Price
$975,000
Premium/Discount to List
$77,050
8.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
54.06%

Purchase Details

Closed on
Oct 16, 2013
Sold by
Blue Atlas Llc
Bought by
21St Avenue Sw Associates

Purchase Details

Closed on
Feb 25, 2010
Sold by
21St Avenue Sw Associates
Bought by
Blue Atlas Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$665,000
Interest Rate
5.03%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 22, 2010
Sold by
Nfl Storage 21St Street Llc
Bought by
21St Avenue Sw Associates

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$665,000
Interest Rate
5.03%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 20, 2008
Sold by
21St Avenue Sw Associates
Bought by
Nfl Storage 21St Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
5.87%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 19, 2004
Sold by
21St Avenue Sw Associates
Bought by
1996 Donahue Family Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 16, 1989
Sold by
21 Ave Sw Associates
Bought by
King Count
Source: Public Records

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
Public Storage $23,350,000 None Listed On Document
City Of Federal Way -- None Available
Fws Oivf Llc $975,000 Ticor Title
21St Avenue Sw Associates -- None Available
Blue Atlas Llc $700,000 Ticor National
21St Avenue Sw Associates $722,699 Fidelity Natio
Nfl Storage 21St Street Llc $1,150,000 Chicago Title
1996 Donahue Family Lp $190,000 Stewart Title
King Count -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Blue Atlas Llc $665,000
Previous Owner Nfl Storage 21St Street Llc $600,000
Previous Owner 1996 Donahue Family Lp $195,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2018 02/12/18 Sold $975,000 +8.6% --
11/04/2016 11/04/16 Pending -- -- --
12/07/2013 12/07/13 For Sale $897,950 -- --
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 $199,970 $19,660,200 $1,846,700 $17,813,500
2023 $197,807 $22,386,600 $1,662,000 $20,724,600
2022 $174,530 $20,364,700 $1,108,000 $19,256,700
2021 $138,164 $15,564,200 $923,300 $14,640,900
2020 $112,729 $11,796,600 $923,300 $10,873,300
2018 $10,829 $961,800 $961,800 $0
2017 $10,821 $769,400 $769,400 $0
2016 $11,296 $769,400 $769,400 $0
2015 $10,339 $769,400 $769,400 $0
2014 -- $721,300 $721,300 $0
2013 -- $721,300 $721,300 $0
Source: Public Records

Agents Affiliated with this Home

  • Dale Myers

    Seller's Agent in 2018

    Dale Myers

    John L Scott

    (206) 794-7255

    21 Total Sales

    Dale Myers
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM572377

Northwest Multiple Listing Service (NWMLS)

APN: 252103-9010

Washington King County Federal Way 98023 Madrona Meadows - Fed Way

2010 SW 356th St, Federal Way, WA

This home is located at 2010 SW 356th St, Federal Way, WA 98023 since 07 December 2013 and is currently estimated at $26,485,480. 2010 SW 356th St is a home located in King County with nearby schools including Sherwood Forest Elementary School, Illahee Middle School, and Todd Beamer 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) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. 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. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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