Rare opportunity for a lifestyle of living on a lake. Great home for entertaining on your low maintenance deck or around the fire pit in the evening in a beautifully landscaped yard. Amazing 4 bdr., 2.5 bath Steel Lake waterfront home with private dock. Adjacent to Steel Lake and Family Funland. Well maintained home, recently updated. Have the best of both worlds as it’s close to all amenities, yet secluded enough to feel the tranquility of waterfront living. Truly a turnkey home.
Community Features: Boat Launch, 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 Number: 34
Lot Details: Dead End Street
Lot Dimensions: .59
Lot Sq Ft: 25901
Parcel Number: 0537000175
Zoning Jurisdiction: City
Tax Info
Tax Amount: 7027
Ownership History
DateNameOwned ForOwner Type
Oct 2020 - PresentHamilton Cory N and Hamilton Melissa B4 Years and 7 Months
Private Individual
Purchase Details
Listed on
May 22, 2020
Closed on
Oct 20, 2020
Sold by
Dwight J And Carol Lau Otto Trust and Otto Dwight J
Bought by
Hamilton Cory N and Hamilton Melissa B
Seller's Agent
Kim Newton
Century 21 North Homes Realty
Buyer's Agent
Andrew Klesken
Best Choice Realty LLC
List Price
$829,900
Sold Price
$775,000
Premium/Discount to List
-$54,900
-6.62%
Total Days on Market
121
Current Estimated Value
$932,759
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,759
Avg. Annual Appreciation
4.14%
Original Mortgage
$620,000
Outstanding Balance
$556,724
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$376,035
Sep 2009 - Oct 2020Otto Dwight J and Otto Carol Lau11 Years and 1 Month
Private Individual
Purchase Details
Closed on
Sep 3, 2009
Sold by
Otto Dwight J and Otto Carol L
Bought by
Otto Dwight J and Otto Carol Lau
Oct 2003 - Sep 2009Otto Dwight J and Otto Carol L5 Years and 11 Months
Private Individual
Purchase Details
Closed on
Oct 15, 2003
Sold by
Porter Jack E C and Porter Mary Ann
Bought by
Otto Dwight J and Otto Carol L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Mar 1995 - Oct 2003Porter Jack E C and Porter Mary Ann8 Years and 7 Months
Private Individual
Purchase Details
Closed on
Mar 29, 1995
Sold by
Snodgrass Constance L
Bought by
Porter Jack E C and Porter Mary Ann
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
6.62%
Oct 1993 - Mar 1995Snodgrass Constance L1 Year and 5 Months
Private Individual
Purchase Details
Closed on
Oct 4, 1993
Sold by
Snodgrass Shelly L
Bought by
Snodgrass Constance L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,000
Interest Rate
6.94%
Range of Values:
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Average Value
Not Available
List Price
Sold Price
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Source: Northwest Multiple Listing Service (NWMLS)
Tax History Compared to Growth
Source: Public Records
Tax History
Year
Tax Paid
Tax AssessmentTax 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.
This home is located at 2256 S 308th St, Federal Way, WA 98003 since 22 May 2020 and is currently estimated at $932,759, approximately $337 per square foot. This property was built in 1980. 2256 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.
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