Listed by Redfin, Bought with Real Property Associates
NOT LISTED FOR SALE

Estimated Value: $650,000 - $725,000

3 Beds
2 Baths
1,920 Sq Ft
$349/Sq Ft Est. Value

Last Sold May 05, 2020

Last sale price $475,000 $247 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $4,067/month

5 Days on Market

Highlights

  • Docks
  • Waterfront
  • Deck
  • Lake View
  • 0.58 Acre Lot
  • Property is near public transit

About This Home

As of May 2020

Affordable lake living on historic Steel Lake! Home features 3 spacious beds & 2 baths. Open floor plan w/tons of natural light & lake views throughout. Updated kitchen and appliances & 2 beds on main level. New carpet, paint & Energy efficient ductless Heat & A/C. MIL possibility on lower level w/ 2nd kitchen & private bath. Peaceful backyard leading down to 40 feet of no-bank lakefront property, including private dock. Offer review 3/24/2020. Close to Steel lake park, freeways & shopping.

Last Agent to Sell the Property

David Hokenson

Redfin License #48613 Listed on: 03/19/2020

Redfin

Last Buyer's Agent

Mohsen Hafiz

Real Property Associates License #97861

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1580277

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,057

Year Built

  • Built in 1939

Lot Details

  • 0.58 Acre Lot
  • Waterfront
  • Street terminates at a dead end
  • Level Lot
  • Garden
  • Property is in very good condition

Property Views

  • Lake
  • Territorial

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,920 Sq Ft Home
  • 1-Story Property
  • Skylights
  • Natural lighting in basement

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Laminate
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Docks
  • Deck
  • Outbuilding

Location

  • Property is near public transit

Utilities

  • Water Heater
  • Cable TV Available

Community Details

  • Steel Lake Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0537000200

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,057

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 16 - 1 Story w/Bsmnt.
  • Year Built: 1939
  • Inclusions: Dishwasher,Dryer,RangeOven,Refrigerator,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Barkers Steel Lake
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1920
  • SeniorExemption: false
  • Special Features: None
  • Cumulative Days on Market: 61

Interior Features

  • Basement: Daylight
  • Appliances: Dryer, Washer
  • Full Bathrooms: 2
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Ceramic Tile, Laminate, Vinyl
  • Interior Amenities: Ceramic Tile, Laminate, Skylight(s), Water Heater
  • Living Area: 1920
  • Main Level Bedrooms: 2
  • Bathrooms: 2
  • BathsFullMain: 1
  • SquareFootageFinished: 1920
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 1
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 1
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher,Dryer,Range/Oven,Refrigerator,Washer

Exterior Features

  • Roof: Composition
  • View: Lake, Territorial
  • Lot Features: Dead End Street
  • View: Yes
  • Waterfront: Yes
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: House
  • BusLineNearby: true

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Connected, Natural Gas Available, Sewer Connected, Electricity Available
  • PowerCompany: PSE
  • SewerCompany: Lakehaven
  • WaterCompany: Lakehaven
  • WaterHeaterLocation: Downstairs
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Schools

  • Junior High Dist: Federal Way
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 0537000200
  • Topography: Level,PartialSlope
  • Lot Size Acres: 0.5793
  • Lot Size Sq Ft: 25234
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Dock,Gas Available,Outbuildings
  • MLSLotSizeSource: Realist- Buyer to Verify
  • MLSSquareFootageSource: Realist- Buyer to Verify

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2019
  • Tax Annual Amount: 5057

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2020
Closed on
Apr 27, 2020
Sold by
Bechard Cynthia L and Bing Thomas Ryan
Bought by
Hafiz Mohsen
Seller's Agent
David Hokenson
Redfin
Buyer's Agent
Mohsen Hafiz
Real Property Associates
List Price
$470,000
Sold Price
$475,000
Premium/Discount to List
$5,000
1.06%
Current Estimated Value
$670,101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,101
Avg. Annual Appreciation
6.67%
Original Mortgage
$380,000
Outstanding Balance
$339,315
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$330,786

Purchase Details

Closed on
Nov 19, 2010
Sold by
Hamblin Donald E and Hamblin Maryellen
Bought by
Bechard Cynthia L and Bing Thomas Ryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,971
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 13, 2007
Sold by
Hamblin Mary Ellen and Hamblin Donald
Bought by
Hamblin Donald E and Hamblin Maryellen

Purchase Details

Closed on
Nov 22, 2000
Sold by
Fife John A
Bought by
Hamblin Donald E and Hamblin Mary Ellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Interest Rate
7.86%

Purchase Details

Closed on
Feb 25, 1998
Sold by
Cade Marilyn M and Koch Marilyn M
Bought by
Fife John A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
7%
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
Hafiz Mohsen $475,000 Equity Title Of Wa Llc
Bechard Cynthia L $257,500 Chicago Title
Hamblin Donald E -- None Available
Hamblin Donald E $260,000 Old Republic Title Ltd
Fife John A $215,000 Evergreen Title Company Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hafiz Mohsen $380,000
Previous Owner Bechard Cynthia L $20,000
Previous Owner Bechard Cynthia L $250,971
Previous Owner Hamblin Donald E $237,200
Previous Owner Hamblin Donald E $234,000
Previous Owner Fife John A $172,000
Closed Fife John A $21,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2020 05/05/20 Sold $475,000 +1.1% $247 / Sq Ft
03/24/2020 03/24/20 Pending -- -- --
03/19/2020 03/19/20 For Sale $470,000 -- $245 / 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 $5,069 $503,000 $177,000 $326,000
2023 $4,807 $435,000 $161,000 $274,000
2022 $5,866 $695,000 $178,000 $517,000
2021 $5,351 $519,000 $162,000 $357,000
2020 $5,080 $444,000 $140,000 $304,000
2018 $5,122 $440,000 $113,000 $327,000
2017 $4,727 $360,000 $113,000 $247,000
2016 $4,815 $332,000 $108,000 $224,000
2015 $4,144 $324,000 $136,000 $188,000
2014 -- $285,000 $126,000 $159,000
2013 -- $240,000 $126,000 $114,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1580277

Northwest Multiple Listing Service (NWMLS)

APN: 053700-0200