NOT LISTED FOR SALE

Estimated Value: $847,000 - $1,007,034

4 Beds
3 Baths
2,760 Sq Ft
$338/Sq Ft Est. Value

Last Sold October 28, 2020

Last sale price $775,000 $281 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $5,806/month

121 Days on Market

Highlights

  • Waterfront Community
  • Community Boat Launch
  • 1 Fireplace
  • Docks
  • Lake View
  • Double Oven

About This Home

As of October 2020

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.

Last Listed By

Kim Newton

Century 21 North Homes Realty License #120587 Listed on: 05/22/2020

Century 21 North Homes Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1602263

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,023

Year Built

  • Built in 1980

Lot Details

  • 0.59

Parking

  • Attached Garage

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3 Bathrooms
  • 1 Fireplace
  • Lake Views
  • Finished Basement
  • Natural lighting in basement

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Laminate

Laundry

  • Dryer
  • Washer

Additional Features

  • Docks
  • Street terminates at a dead end

Listing and Financial Details

  • Assessor Parcel Number 0537000175

Community Details

Overview

  • Dash Point Community

Recreation

  • Community Boat Launch
  • Waterfront Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,023

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 12 - 2 Story
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Wet Bar, Bath Off Master, Ceiling Fan(s), Dbl Pane/Storm Windw, Dining Room, Security System
  • Floor Covering: Laminate, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Double Oven, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Trash Compactor, Washer
  • Bedrooms: 4.00
  • Main Floor Bedrooms: 2
  • Lower Level Bedroom: 2
  • Bathrooms: 2.25
  • Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms Main: 2
  • Three Quarter Bathrooms Lower: 1
  • Master Bedroom: Main
  • Fireplaces: 1
  • Basement: Daylight, Fully Finished
  • Den or Office: Lower
  • Dining Room: Main
  • Family Room: Main
  • Estimated Sq Ft: 2760
  • Square Footage Finished: 2760

Exterior Features

  • Exterior: Wood
  • Roof: Composition
  • View: Lake
  • Waterfront: Lake
  • Waterfront Frontage: 40

Garage/Parking

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

Utilities

  • Heating And Cooling: Forced Air
  • Power Company: PSE
  • Sewer: Sewer Connected
  • Sewer Company: Lakehaven
  • Water Company: Lakehaven
  • Water Heater: Den-Gas
  • Water Source: Community

Condo/Co-op/Association

  • Community Name: Dash Point
  • Project: Barkers Steel Lake
  • 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

Date Name Owned For Owner Type

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

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

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

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%

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
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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
Hamilton Cory N $775,000 Wfg National Title Company Of
Otto Dwight J -- None Available
Otto Dwight J $390,000 Washington Tit
Porter Jack E C $285,000 Commonwealth Land Title Ins
Snodgrass Constance L $76,540 Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hamilton Cory N $620,000
Previous Owner Otto Dwight J $250,000
Previous Owner Otto Dwight J $78,000
Previous Owner Otto Carol Lau $362,950
Previous Owner Otto Carol L $382,400
Previous Owner Otto Dwight J $375,900
Previous Owner Otto Dwight J $21,573
Previous Owner Otto Carol $35,596
Previous Owner Otto Dwight J $351,000
Previous Owner Porter Jack E C $228,000
Previous Owner Snodgrass Constance L $93,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2020 10/28/20 Sold $775,000 -3.1% $281 / Sq Ft
09/20/2020 09/20/20 Pending -- -- --
08/29/2020 08/29/20 Price Changed $800,000 -1.2% $290 / Sq Ft
08/03/2020 08/03/20 Price Changed $810,000 -1.2% $293 / Sq Ft
07/10/2020 07/10/20 Price Changed $820,000 -1.2% $297 / Sq Ft
05/22/2020 05/22/20 For Sale $829,900 -- $301 / 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 $7,023 $706,000 $177,000 $529,000
2023 $6,670 $611,000 $161,000 $450,000
2022 $8,171 $906,000 $178,000 $728,000
2021 $7,457 $729,000 $162,000 $567,000
2020 $7,027 $624,000 $140,000 $484,000
2018 $7,784 $613,000 $113,000 $500,000
2017 $7,165 $551,000 $113,000 $438,000
2016 $8,292 $507,000 $108,000 $399,000
2015 $7,126 $563,000 $136,000 $427,000
2014 -- $495,000 $126,000 $369,000
2013 -- $417,000 $126,000 $291,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1602263

Northwest Multiple Listing Service (NWMLS)

APN: 053700-0175