Listed by Bushnell Real Estate Solutions, Bought with Terrafin
NOT LISTED FOR SALE

2226 S 308th St Federal Way, WA 98003

Steel Lake Neighborhood

Estimated Value: $606,814 - $708,000

3 Beds
3 Baths
1,930 Sq Ft
$341/Sq Ft Est. Value

Last Sold April 18, 2017

Last sale price $450,000 $233 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $3,948/month

81 Days on Market

Highlights

  • Low Bank Waterfront Property
  • Docks
  • Deck
  • Waterfront Community
  • Lake View
  • Northwest Architecture

About This Home

As of April 2017

Welcome home to your oasis on serene Steel Lake. Situated near all the modern amenities, you'll enjoy your new home. 3 bdrm/3 full baths and stunning views from private decks. Hardwood floors, gas dryer, water heater. 40' waterfront to entertain. New floating dock and updated shed with brand new deck. Come and see what lake living is all about!

Last Agent to Sell the Property

Susan Chace

Bushnell Real Estate Solutions Listed on: 12/17/2016

Last Buyer's Agent

Kathy Halverson

Terrafin License #88441

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1060138

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,440

Year Built

  • Built in 1935

Lot Details

  • Low Bank Waterfront Property
  • Street terminates at a dead end
  • Secluded Lot
  • Sloped Lot
  • Wooded Lot
  • Garden

Home Design

  • Northwest Architecture
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Parking

  • Detached Carport Space
  • Off-Street Parking

Outdoor Features

  • Docks
  • Deck
  • Patio
  • Gazebo
  • Outbuilding

Additional Features

  • Lake Views
  • Natural lighting in basement
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0537000205

Community Details

Overview

  • Steel Lake Community

Recreation

  • Waterfront Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,440

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 15 - Multi Level
  • Architecture: Nw Contemporary
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1935
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Built-In Vacuum, Dbl Pane/Storm Windw, Jetted Tub, Solarium/Atrium
  • Floor Covering: Ceramic Tile, Hardwood, Laminate
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 1
  • Lower Level Bedroom: 1
  • Bathrooms: 3.00
  • Bathrooms Main: Main
  • Total Full Bathrooms: 3
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Basement: Daylight, Fully Finished
  • Family Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 1930
  • Square Footage Finished: 1930

Exterior Features

  • Exterior: Wood, Wood Products
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Lake
  • Waterfront: Bank-Low, Lake
  • Waterfront Frontage: 40

Garage/Parking

  • Parking Type: Carport-Detached, Off Street
  • Total Covered Parking: 1

Utilities

  • Heating And Cooling: Forced Air
  • Power Company: PSE
  • Sewer: Sewer Connected
  • Sewer Company: Lake Haven
  • Water Company: Lake Haven
  • Water Heater: Lower Floor-gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Steel Lake
  • Community Features: Community Waterfront/Pvt Beach

Schools

  • Elementary School: Wildwood Elem
  • Middle School: Sacajawea Jnr High
  • High School: Federal Way Snr High
  • School District: FED

Lot Info

  • Lot Details: Dead End Street, Paved Street, Secluded
  • Lot Sq Ft: 25091
  • Lot Topography Vegetation: Garden Space, Partial Slope, Wooded
  • Parcel Number: 0537000205
  • Lot Topography: Garden Space, Partial Slope, Wooded

Tax Info

  • Tax Amount: 4669

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2016
Closed on
Apr 11, 2017
Sold by
Coltrin Peggy J
Bought by
Andrews Jessica A and Luong Hoang C
Seller's Agent
Susan Chace
Bushnell Real Estate Solutions
Buyer's Agent
Kathy Halverson
Terrafin
List Price
$479,950
Sold Price
$450,000
Premium/Discount to List
-$29,950
-6.24%
Current Estimated Value
$657,954

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,954
Avg. Annual Appreciation
4.76%
Original Mortgage
$360,000
Outstanding Balance
$302,227
Interest Rate
4.1%
Estimated Equity
$361,728

Purchase Details

Closed on
Jun 4, 2007
Sold by
Vo Tien K and Ha Vu N
Bought by
Coltrin Peggy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
6.14%

Purchase Details

Closed on
May 9, 2005
Sold by
Vo Tien K
Bought by
Ha Vu N and Vo Tien K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,500
Interest Rate
5.75%

Purchase Details

Closed on
Sep 1, 2004
Sold by
Cassady James P and Cassady Ramona L
Bought by
Vo Tien K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,750
Interest Rate
5.92%

Purchase Details

Closed on
Dec 15, 2000
Sold by
Kearns William M
Bought by
Cassady James P and Cassady Ramona L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
7.67%

Purchase Details

Closed on
Dec 7, 2000
Sold by
Kearns Terilee
Bought by
Kearns William M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
7.67%
Source: Public Records

Range of Values:

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Average Value
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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
Andrews Jessica A $450,000 Fidelity Natio
Coltrin Peggy J $450,000 Rainier Title
Ha Vu N -- Transnation Ti
Vo Tien K $245,000 Pacific Nw Tit
Vo Tien K -- Pacific Nw Tit
Cassady James P $175,000 Washington Title
Kearns William M -- Washington Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Andrews Jessica A $360,000
Previous Owner Coltrin Peggy J $351,100
Previous Owner Coltrin Peggy J $365,100
Previous Owner Coltrin Peggy J $360,000
Previous Owner Vo Tien K $25,000
Previous Owner Ha Vu N $235,500
Previous Owner Vo Tien K $232,750
Previous Owner Cassady James P $30,000
Previous Owner Cassady James P $26,500
Previous Owner Cassady James $10,000
Previous Owner Cassady James P $157,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2017 04/18/17 Sold $450,000 -2.2% $233 / Sq Ft
03/09/2017 03/09/17 Pending -- -- --
01/25/2017 01/25/17 Price Changed $459,950 -2.0% $238 / Sq Ft
01/11/2017 01/11/17 Price Changed $469,500 -2.2% $243 / Sq Ft
12/17/2016 12/17/16 For Sale $479,950 -- $249 / 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 $4,440 $435,000 $177,000 $258,000
2023 $4,183 $376,000 $161,000 $215,000
2022 $5,866 $677,000 $178,000 $499,000
2021 $5,351 $519,000 $162,000 $357,000
2020 $5,080 $444,000 $140,000 $304,000
2018 $5,624 $440,000 $113,000 $327,000
2017 $4,365 $396,000 $113,000 $283,000
2016 $4,669 $306,000 $108,000 $198,000
2015 $4,017 $314,000 $136,000 $178,000
2014 -- $276,000 $126,000 $150,000
2013 -- $233,000 $126,000 $107,000
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2017

    Susan Chace

    Bushnell Real Estate Solutions

    (206) 448-8888

    Susan Chace
    Section Image

  • K

    Buyer's Agent in 2017

    Kathy Halverson

    Terrafin Real Estate

See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1060138

Northwest Multiple Listing Service (NWMLS)

APN: 053700-0205

Washington King County Federal Way 98003 Steel Lake

2226 S 308th St, Federal Way, WA

This home is located at 2226 S 308th St, Federal Way, WA 98003 since 17 December 2016 and is currently estimated at $657,954, approximately $340 per square foot. This property was built in 1935. 2226 S 308th St is a home located in King County with nearby schools including Wildwood Elementary School, Sacajawea Middle School, and Federal Way 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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