Listed by COMPASS, Bought with Skyline Properties, Inc.
$470,000
SOLD JUL 8, 2025

2012 S 331st St Federal Way, WA 98003

3 Beds
2.5 Baths
1,890 Sq Ft
8,688 Sq Ft Lot

Recently Sold

$249 Per Sq Ft

6% Below List Price

8 Days on Market

Highlights

  • No HOA
  • 2 Car Attached Garage
  • Forced Air Heating System

About This Home

As of July 2025

Opportunity Knocks! Situated on a generous lot, this home offers good layout—making it the perfect canvas for your vision. Whether you're an investor, renovator, or first-time buyer with a creative eye, the possibilities are endless. Bring your ideas and make it shine! Walking distance to light rail thats coming soon. A must-see with tons of potential!

Last Agent to Sell the Property

KENNETH PATTON

COMPASS License #26847 Listed on: 06/05/2025

COMPASS

Last Buyer's Agent

Sergey Lobodzinskiy

Skyline Properties, Inc. License #78798

Skyline Properties, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2388063

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,204

Year Built

  • Built in 1978

Parking

  • 2 Car Attached Garage

Home Design

  • Split Foyer
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 1,890 Sq Ft Home
  • Multi-Level Property

Bedrooms and Bathrooms

  • 3 Bedrooms

Additional Features

  • 8,688 Sq Ft Lot
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • Federal Way Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,204

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 14 - Split Entry
  • Year Built: 1978
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: Multi/Split
  • New Construction: No
  • CalculatedSquareFootage: 1890
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2388063?w=Consumer&agent=90561
  • Special Features: None
  • Cumulative Days on Market: 40

Interior Features

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace: No
  • Living Area: 1890
  • Bathrooms: 2.25
  • BathsFullMain: 0
  • SquareFootageFinished: 1890
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 1
  • BathsHalfGarage: 0
  • BathsHalfLower: 1
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 1
  • BedroomsLower: 0
  • BedroomsUpper: 3
  • NWM_NumberOfBathtubs: 1
  • NWM_NumberOfShowers: 1

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Construction Type: Wood
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Structure Type: House

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage
  • Total Parking Spaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Federal Way

Lot Info

  • Parcel Number: 4131500020
  • Land Lease: No
  • Lot Size Acres: 0.1994
  • Lot Size Sq Ft: 8688
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSLotSizeSource: realist
  • MLSSquareFootageSource: realist

Green Features

  • Power Production Type: Electric

Tax Info

  • Year: 2025
  • Tax Annual Amount: 5204

Multi Family

  • EnergySource: Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2025
Closed on
Jul 3, 2025
Sold by
Kari Elizabeth
Bought by
Topov Artem and Yerebakan Serhii
Seller's Agent
KENNETH PATTON
COMPASS
Buyer's Agent
Sergey Lobodzinskiy
Skyline Properties, Inc.
List Price
$500,000
Sold Price
$470,000
Premium/Discount to List
-$30,000
-6%
Views
44

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
56.39%
Original Mortgage
$423,000
Outstanding Balance
$422,285
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$82,574

Purchase Details

Listed on
Jun 5, 2025
Closed on
Jul 2, 2025
Sold by
Yerebakan Natalia
Bought by
Yerebakan Serhii
Seller's Agent
KENNETH PATTON
COMPASS
Buyer's Agent
Sergey Lobodzinskiy
Skyline Properties, Inc.
List Price
$500,000
Sold Price
$470,000
Premium/Discount to List
-$30,000
-6%
Views
44

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$423,000
Outstanding Balance
$422,285
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$82,574

Purchase Details

Closed on
Jun 12, 2007
Sold by
Kari Bernice
Bought by
Kari Bernice and Kari Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
6.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 10, 1997
Sold by
Brooks Michael and Campell Stephen A
Bought by
Kari Oiva I and Kari Bernice A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,600
Interest Rate
7.58%
Mortgage Type
VA
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 Type Sale Price Title Company
Warranty Deed $470,000 None Listed On Document
Quit Claim Deed $313 Cw Title
Quit Claim Deed $313 Cw Title
Interfamily Deed Transfer $71,746 Service Link
Warranty Deed $130,000 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $423,000 New Conventional
Previous Owner $198,450 New Conventional
Previous Owner $205,000 Purchase Money Mortgage
Previous Owner $132,600 VA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2025 09/08/25 Pending -- -- --
09/04/2025 09/04/25 For Sale $699,777 +48.9% $350 / Sq Ft
07/08/2025 07/08/25 Sold $470,000 -6.0% $249 / Sq Ft
06/13/2025 06/13/25 Pending -- -- --
06/05/2025 06/05/25 For Sale $500,000 -- $265 / 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 $5,204 $515,000 $135,000 $380,000
2023 $5,114 $464,000 $117,000 $347,000
2022 $4,494 $501,000 $125,000 $376,000
2021 $4,041 $394,000 $101,000 $293,000
2020 $3,844 $332,000 $90,000 $242,000
2018 $3,756 $303,000 $90,000 $213,000
2017 $3,222 $262,000 $75,000 $187,000
2016 $3,316 $224,000 $75,000 $149,000
2015 $3,051 $221,000 $75,000 $146,000
2014 -- $208,000 $75,000 $133,000
2013 -- $172,000 $72,000 $100,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2388063

Northwest Multiple Listing Service (NWMLS)

APN: 413150-0020