NOT LISTED FOR SALE

2248 SW 331st St Federal Way, WA 98023

Twin Lakes Neighborhood

Estimated Value: $429,370 - $464,000

3 Beds
1 Bath
800 Sq Ft
$550/Sq Ft Est. Value

About This Home

This home is located at 2248 SW 331st St, Federal Way, WA 98023 and is currently estimated at $440,093, approximately $550 per square foot. 2248 SW 331st St is a home located in King County with nearby schools including Olympic View Elementary School, Saghalie Middle School, and Decatur High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 21, 2003
Sold by
Mejia Enrique
Bought by
Mejia Enrique and Mejia Amalia
Current Estimated Value
$440,093

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,600
Outstanding Balance
$48,900
Interest Rate
5.93%
Estimated Equity
$364,395

Purchase Details

Closed on
Feb 11, 1999
Sold by
Mejia Amalia S
Bought by
Mejia Enrique

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,600
Interest Rate
6.77%

Purchase Details

Closed on
Feb 9, 1999
Sold by
Tylor William R and Tylor Cheryl L
Bought by
Mejia Enrique

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,600
Interest Rate
6.77%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
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
Mejia Enrique -- First American
Mejia Enrique -- Washington Title Company
Mejia Enrique $113,000 Washington Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mejia Enrique $108,600
Closed Mejia Enrique $109,600
Source: Public Records

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 $3,742 $366,000 $146,000 $220,000
2023 $3,621 $332,000 $132,000 $200,000
2022 $3,353 $361,000 $120,000 $241,000
2021 $2,812 $290,000 $96,000 $194,000
2020 $2,655 $227,000 $78,000 $149,000
2018 $2,641 $209,000 $62,000 $147,000
2017 $2,400 $182,000 $57,000 $125,000
2016 $2,341 $165,000 $52,000 $113,000
2015 $2,171 $154,000 $50,000 $104,000
2014 -- $146,000 $50,000 $96,000
2013 -- $124,000 $57,000 $67,000
Source: Public Records

Map

Washington King County Federal Way 98023 Twin Lakes

2248 SW 331st St, Federal Way, WA

This home is located at 2248 SW 331st St, Federal Way, WA 98023 and is currently estimated at $440,093, approximately $550 per square foot. 2248 SW 331st St is a home located in King County with nearby schools including Olympic View Elementary School, Saghalie Middle School, and Decatur 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.

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