Seller's Agent in 2025
Stephen Janho
Windermere Real Estate / West Campus, Inc.
(253) 973-1003
1 in this area
152 Total Sales
Listed by Windermere RE West Campus Inc, Bought with Windermere Prof Partners
23 S 338th Place Federal Way, WA 98003
West Campus - Fed Way Neighborhood
8
Beds
8
Baths
3,904
Sq Ft
0.28
Acres
Highlights
- Deck
- Baseboard Heating
- Wood Siding
- Thermal Windows
- High Speed Internet
- Carpet
About This Home
As of September 2025Excellent investment opportunity! This spacious 4-plex offers 3,904 rentable sq ft and strong income potential. Each unit is 2 bedroom, 1.5 baths and 3 units have been updated with fresh paint and carpet. Units provide comfortable living space, making it ideal for both long-term tenants and short-term rentals. Located in a desirable area with easy access to amenities, transit and schools. This property is perfect for savvy investors looking to grow their portfolio. Don’t miss your chance to own a high-demand multi-unit in a prime location just minutes from new Sound Transit light rail and all the services you can imagine.
Last Agent to Sell the Property
Windermere RE West Campus Inc License #26463 Listed on: 06/26/2025
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2397419
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,482
Year Built
- Built in 1979
Lot Details
- 0.28 Acre Lot
- Street terminates at a dead end
- Property is in good condition
HOA Fees
- $678 Monthly HOA Fees
Home Design
- Quadruplex
- Composition Roof
- Wood Siding
- Wood Composite
Interior Spaces
- 3,904 Sq Ft Home
- 2-Story Property
- Thermal Windows
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 8 Bedrooms
- 8 Bathrooms
Parking
- 2 Parking Spaces
- Open Parking
Outdoor Features
- Deck
Schools
- Panther Lake Elementary School
- Illahee Jnr High Middle School
- Todd Beamer High School
Utilities
- Baseboard Heating
- High Speed Internet
- Cable TV Available
Community Details
- Campus View 03 Condos
- Federal Way Subdivision
Listing and Financial Details
- Tax Lot 31
- Assessor Parcel Number 1322020310
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 26, 2025
Closed on
Aug 30, 2025
Sold by
Tracht Tom
Bought by
Fed Panther 31 Llc
Seller's Agent
Stephen Janho
Windermere RE West Campus Inc
Buyer's Agent
Anders Ibsen
Windermere Prof Partners
List Price
$1,064,995
Sold Price
$1,050,000
Premium/Discount to List
-$14,995
-1.41%
Views
8
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-32.23%
Original Mortgage
$840,000
Outstanding Balance
$840,000
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$169,935
Purchase Details
Closed on
Apr 14, 2004
Sold by
Little Jerome
Bought by
Tracht Tom and Tracht Cheryl
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
4.22%
Purchase Details
Closed on
Oct 23, 2001
Sold by
Ahluwalia Ravinder S and Ahluwalia Jasbir K
Bought by
Little Jerome
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
6.87%
Purchase Details
Closed on
Nov 10, 2000
Sold by
Nordyke Chris
Bought by
Ahluwalia Ravinder S and Ahluwalia Jasbir K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
7.82%
Purchase Details
Closed on
Jun 29, 1998
Sold by
Lee Waiman Ann
Bought by
Nordyke Chris
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,137
Interest Rate
7.17%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,050,000 | Fidelity National Title | |
| Warranty Deed | $310,000 | First American | |
| Warranty Deed | $261,500 | Chicago Title | |
| Warranty Deed | $237,500 | Fidelity National Title | |
| Warranty Deed | $200,000 | Washington Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $840,000 | New Conventional | |
| Previous Owner | $192,000 | No Value Available | |
| Previous Owner | $85,000 | No Value Available | |
| Previous Owner | $190,000 | No Value Available | |
| Previous Owner | $191,137 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/03/2025 09/03/25 | Sold | $1,050,000 | +0.5% | $269 / Sq Ft |
| 07/31/2025 07/31/25 | Pending | -- | -- | -- |
| 07/11/2025 07/11/25 | Price Changed | $1,044,995 | -1.9% | $268 / Sq Ft |
| 06/26/2025 06/26/25 | For Sale | $1,064,995 | -- | $273 / Sq Ft |
Source: Northwest Multiple Listing Service (NWMLS)
Tax History Compared to Growth
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 | $9,513 | $873,000 | $200,000 | $673,000 |
| 2023 | $8,549 | $860,000 | $160,000 | $700,000 |
| 2022 | $8,824 | $862,000 | $140,000 | $722,000 |
| 2021 | $8,576 | $775,000 | $120,000 | $655,000 |
| 2020 | $7,632 | $708,000 | $120,000 | $588,000 |
| 2018 | $7,087 | $570,000 | $120,000 | $450,000 |
| 2017 | $6,561 | $490,000 | $110,000 | $380,000 |
| 2016 | $6,692 | $453,000 | $110,000 | $343,000 |
| 2015 | $5,921 | $443,000 | $75,000 | $368,000 |
| 2014 | -- | $400,000 | $75,000 | $325,000 |
| 2013 | -- | $418,000 | $68,000 | $350,000 |
Source: Public Records
Agents Affiliated with this Home
-
Stephen Janho
-
Beck Nordstrom
B
Seller Co-Listing Agent in 2025
Beck Nordstrom
Windermere Real Estate / West Campus, Inc.
(253) 838-7900
1 in this area
3 Total Sales
-
Anders Ibsen
Buyer's Agent in 2025
Anders Ibsen
Windermere Professional Partners
(253) 370-0201
1 in this area
270 Total Sales
-
Ashley Mills
Buyer Co-Listing Agent in 2025
Ashley Mills
Windermere Professional Partners
(425) 221-1919
1 in this area
84 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2397419
APN: 132202-0310
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All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. 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. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID
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