NOT LISTED FOR SALE

2220 S 362nd St Federal Way, WA 98003

Estimated Value: $477,000 - $541,000

3 Beds
2 Baths
1,560 Sq Ft
$332/Sq Ft Est. Value

Last Sold December 28, 2023

Last sale price $470,000 $301 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,357/month

47 Days on Market

Highlights

  • Fruit Trees
  • Territorial View
  • No HOA
  • Deck
  • Corner Lot
  • 2 Car Attached Garage

About This Home

As of December 2023

Great 3 bed 1.75 bath rambler on a corner lot! Would be a great AFH! Home has laminate flooring all throughout, 2 living areas, full dining area and kitchen opens to the second living area! Kitchen has all new stainless steel appliances and also a new washer and dryer! Primary bedroom has a walk in closet and bath off primary. Second living area also has a wood fireplace and leads to the yard with new fencing and new trex decking! Home has beautiful landscaping with a variety of roses, fruit trees, burning bushes, ice plants, succulents and more! Home is in an extremely convenient location, minutes to Costco, shopping, amenities, multiple parks, and 3 major freeways! Comes with a transferable home warranty!!

Last Agent to Sell the Property

Kristin Hood

WeLakeside License #129676 Listed on: 10/06/2023

WeLakeside

Last Buyer's Agent

Joaquin Vidrio

Keller Williams Realty PS License #134718

Keller Williams Realty PS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2168975

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,315

Year Built

  • Built in 1988

Lot Details

  • 7,611 Sq Ft Lot
  • Dog Run
  • Property is Fully Fenced
  • Brush Vegetation
  • Corner Lot
  • Level Lot
  • Fruit Trees
  • Garden

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,560 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Dining Room
  • Laminate Flooring
  • Territorial Views

Kitchen

  • Oven or Range
  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Deck
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Federal Way Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,315

Year Built

Built in 1988

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 10 - 1 Story
  • Year Built: 1988
  • Inclusions: Dishwasher,Dryer,Microwave,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1560
  • SeniorExemption: false
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2168975?w=Consumer&agent=113451
  • Special Features: None
  • Cumulative Days on Market: 567

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Laminate
  • Interior Amenities: Laminate, Dining Room, Fireplace
  • Living Area: 1560
  • Main Level Bedrooms: 3
  • Bathrooms: 1.75
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 1560
  • SquareFootageUnfinished: 0
  • 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: Dishwasher,Dryer,Microwave,Refrigerator,Stove/Range,Washer
  • NWM_NumberOfBathtubs: 1
  • NWM_NumberOfShowers: 1

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Corner Lot, Curbs, Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • 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: Central A/C
  • Cooling Y N: Yes
  • 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: 5128800210
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 0.1747
  • Lot Size Sq Ft: 7611
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Dog Run,Fenced-Fully,Gas Available
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist

Green Features

  • Power Production Type: Natural Gas

Tax Info

  • Year: 2023
  • Tax Annual Amount: 5315

Multi Family

  • EnergySource: Natural Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2023
Closed on
Dec 28, 2023
Sold by
Gillespie Cynthia Ann
Bought by
Lopez Filemon Ek and Ek Elda T
Seller's Agent
Kristin Hood
WeLakeside
Buyer's Agent
Joaquin Vidrio
Keller Williams Realty PS
List Price
$525,000
Sold Price
$470,000
Premium/Discount to List
-$55,000
-10.48%
Total Days on Market
47
Views
81
Current Estimated Value
$518,326

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,326
Avg. Annual Appreciation
10.89%
Original Mortgage
$235,000
Outstanding Balance
$231,770
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$312,530

Purchase Details

Closed on
Jan 31, 2011
Sold by
Metlife Home Loan
Bought by
Federal National Mortgage Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
4.79%
Mortgage Type
VA

Purchase Details

Closed on
Jan 28, 2011
Sold by
Federal National Mortgage Association
Bought by
Hanson Lonnie and Hanson Doris M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
4.79%
Mortgage Type
VA

Purchase Details

Closed on
Jul 7, 2010
Sold by
Cao Lan H
Bought by
Metlife Home Loans

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.57%

Purchase Details

Closed on
Jul 13, 2006
Sold by
Tran Dan C and Cao Lan H
Bought by
Cao Lan H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.57%

Purchase Details

Closed on
Sep 4, 2002
Sold by
Martin Douglas K and Martin Laurie A
Bought by
Tran Dan C and Cao Lan H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
6.29%

Purchase Details

Closed on
Aug 22, 1988
Sold by
Snypp Paul S and Snypp Rachel A
Bought by
Martin Douglas K and Martin Laurie A
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 Buyer Sale Price Title Company
Lopez Filemon Ek $470,000 Ticor Title
Federal National Mortgage Association $185,000 None Available
Hanson Lonnie $185,000 Servicelink
Metlife Home Loans $217,091 Northpoint Esc
Cao Lan H -- Transnation Ti
Tran Dan C $186,000 Washington Title Company
Martin Douglas K $88,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Filemon Ek $235,000
Previous Owner Hanson Lonnie $385,000
Previous Owner Hanson Lonnie $296,985
Previous Owner Hanson Lonnie $294,500
Previous Owner Hanson Lonnie $240,373
Previous Owner Hanson Lonnie $240,093
Previous Owner Hanson Lonnie $240,000
Previous Owner Hanson Lonnie $193,924
Previous Owner Hanson Lonnie $185,000
Previous Owner Metlife Home Loans $200,000
Previous Owner Cao Lan H $200,000
Previous Owner Tran Dan C $145,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2023 12/28/23 Sold $470,000 -7.8% $301 / Sq Ft
11/22/2023 11/22/23 Pending -- -- --
11/03/2023 11/03/23 Price Changed $510,000 -2.9% $327 / Sq Ft
10/06/2023 10/06/23 For Sale $525,000 -- $337 / 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 $5,373 $486,000 $150,000 $336,000
2023 $5,315 $458,000 $130,000 $328,000
2022 $4,869 $494,000 $139,000 $355,000
2021 $4,434 $388,000 $113,000 $275,000
2020 $4,258 $327,000 $100,000 $227,000
2018 $4,090 $298,000 $100,000 $198,000
2017 $3,563 $257,000 $78,000 $179,000
2016 $3,573 $220,000 $78,000 $142,000
2015 $3,285 $217,000 $78,000 $139,000
2014 -- $204,000 $78,000 $126,000
2013 -- $169,000 $75,000 $94,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2168975

Northwest Multiple Listing Service (NWMLS)

APN: 512880-0210