Listed by Keller Williams Realty PS, Bought with KW Mountains to Sound Realty
NOT LISTED FOR SALE

Estimated Value: $466,000 - $564,301

1 Bed
1 Bath
690 Sq Ft
$739/Sq Ft Est. Value

Last Sold September 22, 2020

Last sale price $410,000 $594 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,989/month

4 Days on Market

Highlights

  • RV Access or Parking
  • Waterfront
  • Deck
  • Lake View
  • 0.66 Acre Lot
  • Property is near public transit

About This Home

As of September 2020

Come see this sunny side Steel Lake cottage. Call it home, home away from home, or VBO income opportunity. Built 25ft from the lake on .66 acres! Enjoy this 1050sf rambler w/basement. The 690sf main floor offers complete single level living w/water-facing kitchen, dining, living, & master bedroom; walk-in closet, remodeled 3/4 bath, fully equipped laundry plus a full-length deck that celebrates lakeside living. The 360sf unfinished daylight basement is great for shop or office. Garage & storage.

Last Agent to Sell the Property

Kathryn Kleber

Keller Williams Realty PS License #23798 Listed on: 08/13/2020

Keller Williams Realty PS

Co-Listed By

Kirk Kleber

Keller Williams Realty PS License #97803

Last Buyer's Agent

Nicole Kummer

KW Mountains to Sound Realty License #137310

KW Mountains to Sound Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1646930

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,459

Year Built

  • Built in 1935

Lot Details

  • 0.66 Acre Lot
  • Waterfront
  • Level Lot
  • Property is in good condition

Parking

  • 1 Car Garage
  • RV Access or Parking

Home Design

  • Cabin
  • Flat Roof Shape
  • Poured Concrete
  • Composition Roof
  • Bitumen Roof
  • Wood Siding

Interior Spaces

  • 690 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Dining Room
  • Lake Views
  • Unfinished Basement
  • Natural lighting in basement
  • Storm Windows
  • Oven or Range

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Location

  • Property is near public transit
  • Property is near a bus stop

Schools

  • Wildwood Elementary School
  • Sacajawea Jnr High Middle School
  • Federal Way Snr High School

Utilities

  • Natural Gas Connected
  • Water Heater
  • Cable TV Available

Community Details

  • Steel Lake Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0537000090

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,459

Year Built

Built in 1935

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 16 - 1 Story w/Bsmnt.
  • Year Built: 1935
  • Inclusions: Dryer,RangeOven,Refrigerator,Washer,LeasedEquipment
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Cabin
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1050
  • SeniorExemption: false
  • Special Features: VirtualTour

Interior Features

  • Basement: Daylight, Unfinished
  • Appliances: Dryer, Washer
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Entry Location: Main
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Ceiling Fan(s), Double Pane/Storm Window, Dining Room, Water Heater
  • Living Area: 690
  • Main Level Bedrooms: 1
  • Bathrooms: 0.75
  • BathsFullMain: 0
  • SquareFootageFinished: 690
  • SquareFootageUnfinished: 360
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • AppliancesIncluded: Dryer,Range/Oven,Refrigerator,Washer

Exterior Features

  • Roof: Composition, Flat, Torch Down
  • View: Lake, See Remarks
  • View: Yes
  • Waterfront: Yes
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: House
  • BusLineNearby: true
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: RV Parking
  • Total Parking Spaces: 1

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Utilities: Cable Connected, Sewer Connected, Natural Gas Connected
  • PowerCompany: PSE
  • SewerCompany: Lakehaven
  • WaterCompany: Lakehaven
  • WaterHeaterLocation: Basement
  • WaterHeaterType: Natural Gas

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Schools

  • Junior High Dist: Federal Way
  • High School: Federal Way Snr High
  • Middle Or Junior School: Sacajawea Jnr High

Lot Info

  • Parcel Number: 0537000090
  • Topography: Level,PartialSlope
  • Lot Size Acres: 0.6617
  • Lot Size Sq Ft: 28822
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,RV Parking,Shop
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2020
  • Tax Annual Amount: 3459

MLS Schools

  • Elementary School: Wildwood Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2020
Closed on
Sep 21, 2020
Sold by
Wilson Doris
Bought by
Scannell Erin
Seller's Agent
Kathryn Kleber
Keller Williams Realty PS
Buyer's Agent
Nicole Kummer
KW Mountains to Sound Realty
List Price
$395,000
Sold Price
$410,000
Premium/Discount to List
$15,000
3.8%
Current Estimated Value
$509,575

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,575
Avg. Annual Appreciation
2.86%
Original Mortgage
$369,000
Outstanding Balance
$331,340
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$140,661

Purchase Details

Closed on
Sep 23, 1998
Sold by
Shelley Peter B and Hill Shelley Andrea
Bought by
Wilson David L and Wilson Doris L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,500
Interest Rate
6.88%
Source: Public Records

Range of Values:

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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
Scannell Erin $410,000 Wfg Natl Ttl Co Of Wa Llc
Wilson David L $135,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scannell Erin $369,000
Previous Owner Wilson David L $139,400
Previous Owner Wilson David L $100,000
Previous Owner Wilson David L $40,000
Previous Owner Wilson David L $115,000
Previous Owner Wilson David L $10,000
Previous Owner Wilson David L $160,000
Previous Owner Wilson David L $121,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2020 09/22/20 Sold $410,000 +3.8% $594 / Sq Ft
08/17/2020 08/17/20 Pending -- -- --
08/13/2020 08/13/20 For Sale $395,000 -- $572 / 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 $3,581 $348,000 $176,000 $172,000
2023 $4,515 $301,000 $160,000 $141,000
2022 $4,001 $455,000 $176,000 $279,000
2021 $3,655 $349,000 $160,000 $189,000
2020 $3,459 $299,000 $138,000 $161,000
2018 $3,826 $297,000 $111,000 $186,000
2017 $3,529 $267,000 $111,000 $156,000
2016 $3,592 $246,000 $106,000 $140,000
2015 $3,094 $240,000 $130,000 $110,000
2014 -- $211,000 $121,000 $90,000
2013 -- $178,000 $121,000 $57,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1646930

Northwest Multiple Listing Service (NWMLS)

APN: 053700-0090