NOT LISTED FOR SALE

225 S 316th Place Federal Way, WA 98003

Mirror Lake Neighborhood

Estimated Value: $500,000 - $563,704

3 Beds
1 Bath
970 Sq Ft
$558/Sq Ft Est. Value

Last Sold January 08, 2015

Last sale price $210,000 $216 Per Sq Ft

Est. 158% increase in value since last sale

Current estimated payment $3,449/month

65 Days on Market

About This Home

As of January 2015

Wow! Great opportunity on this remodeled home! This offers new roof, gutters and huge deck off the back. Inside has new paint, carpet, vinyl and fireplace mantel. There are 2 bedrooms on the main floor with a 3rd downstairs. One full bath on main with the 2nd on lower level. This home is very nice on the inside!" See Attachment for Pas requirements and WFHM offer sumittal information in MLS document section".

Last Listed By

Kris Huber

Windermere RE West Campus Inc License #7970 Listed on: 10/06/2014

Windermere RE West Campus Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM703964

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,171

Year Built

  • Built in 1983

Lot Details

  • 8,276

Parking

  • Attached Garage

Home Design

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

Bedrooms and Bathrooms

  • 1 Bathroom

Community Details

  • Federal Way Community

Listing and Financial Details

  • Assessor Parcel Number 3375300340

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,171

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 14 - Split Entry
  • Building Information: Built On Lot
  • Year Built: 1983
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3.00
  • Main Floor Bedrooms: 2
  • Lower Level Bedroom: 1
  • Bathrooms: 1.75
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Three Quarter Bathrooms Lower: 1
  • Estimated Sq Ft: 1670
  • Square Footage Finished: 970

Exterior Features

  • Exterior: Wood, Wood Products
  • Foundation: Poured Concrete
  • Roof: Composition

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 2

Utilities

  • Heating And Cooling: Forced Air
  • Sewer: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Federal Way

Schools

  • School District: FED

Lot Info

  • Lot Sq Ft: 8111
  • Parcel Number: 3375300340
  • Zoning Jurisdiction: City

Tax Info

  • Tax Amount: 2524

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2014
Closed on
Dec 19, 2014
Sold by
Us Bank National Association
Bought by
Ih5 Property Washington Lp
Seller's Agent
Kris Huber
Windermere RE West Campus Inc
Buyer's Agent
KENNETH PATTON
COMPASS
List Price
$230,000
Sold Price
$210,000
Premium/Discount to List
-$20,000
-8.7%
Total Days on Market
65
Current Estimated Value
$541,676

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$331,676
Avg. Annual Appreciation
10.12%

Purchase Details

Closed on
Feb 6, 2014
Sold by
Vogel Gregory K
Bought by
Us Bank National Association

Purchase Details

Closed on
Mar 17, 2005
Sold by
Fredricks Ronald D
Bought by
Vogel Gregory K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 23, 1988
Sold by
Haugen Jeannette
Bought by
Fredricks Ronald D and Fredricks Kristan M

Range of Values:

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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
Ih5 Property Washington Lp $210,000 Fidelity Natio
Us Bank National Association $165,750 Nextitle
Vogel Gregory K $235,000 Ticor National
Fredricks Ronald D $69,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vogel Gregory K $142,816
Previous Owner Vogel Gregory K $188,000
Closed Vogel Gregory K $23,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2015 01/08/15 Sold $210,000 -4.5% $216 / Sq Ft
12/11/2014 12/11/14 Pending -- -- --
11/17/2014 11/17/14 Price Changed $220,000 -4.3% $227 / Sq Ft
10/06/2014 10/06/14 For Sale $230,000 -- $237 / 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 $5,171 $514,000 $174,000 $340,000
2023 $5,135 $466,000 $157,000 $309,000
2022 $4,571 $506,000 $143,000 $363,000
2021 $3,397 $401,000 $114,000 $287,000
2020 $3,121 $277,000 $93,000 $184,000
2018 $3,157 $247,000 $75,000 $172,000
2017 $2,693 $219,000 $69,000 $150,000
2016 $2,617 $186,000 $63,000 $123,000
2015 $2,427 $173,000 $60,000 $113,000
2014 -- $164,000 $60,000 $104,000
2013 -- $159,000 $73,000 $86,000
Source: Public Records

Agents Affiliated with this Home

  • Kris Huber

    Seller's Agent in 2015

    Kris Huber

    Windermere Real Estate / West Campus, Inc.

    (253) 777-5976

    53 Total Sales

    Kris Huber
    Section Image
  • KENNETH PATTON

    Buyer's Agent in 2015

    KENNETH PATTON

    Avenue Properties

    (425) 894-8974

    2 in this area

    417 Total Sales

    KENNETH PATTON
    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM703964

Northwest Multiple Listing Service (NWMLS)

APN: 337530-0340

Washington King County Federal Way 98003 Mirror Lake

225 S 316th Place, Federal Way, WA

Homes for Sale in Federal Way, WA

This home is located at 225 S 316th Place, Federal Way, WA 98003 since 06 October 2014 and is currently estimated at $541,676, approximately $558 per square foot. This property was built in 1983. 225 S 316th Place is a home located in King County with nearby schools including Mirror Lake 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) 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. ©2025 NWMLS.

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