NOT LISTED FOR SALE

2505 SW 346th St Federal Way, WA 98023

Twin Lakes Neighborhood

Estimated Value: $541,000 - $611,659

4 Beds
3 Baths
1,860 Sq Ft
$317/Sq Ft Est. Value

Last Sold July 19, 2013

Last sale price $267,000 $144 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $3,740/month

16 Days on Market

About This Home

As of July 2013

You won't find another home at this price w/a detached heated shop complete w/a compressor! Inside you'll find fresh paint, pergo flooring upstairs & new carpet down. A 4th bedroom downstairs could be an office or den & has a separate entrance. From upstairs, exit thru the sliders to the deck (TREX) that runs the full length of the house w/an awning for your summer comfort. The backyard is serene w/gazebo & garden shed. All appliances stay, RV parking. Not short or bank owned -

Last Listed By

Shirley Handley

John L. Scott, Inc License #35109 Listed on: 05/22/2013

John L. Scott, Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM491146

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

Other

Est. Annual Taxes

$5,500

Year Built

1974

Lot Details

0

Listing Details

  • Condition: Good
  • Sq Ft Finished: 1860
  • Form 17: Provided
  • Special Features: None
  • Year Built: 1974

Interior Features

  • Appliances: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Fireplaces: 2
  • Basement: Fully Finished
  • Features: Bath Off Master, Ceiling Fan(s), Double Pane/Storm Window, Dining Room
  • Fireplaces: 2
  • Floor: Laminate, Vinyl, Wall to Wall Carpet
  • Water Heater Location: Basement-Gas

Exterior Features

  • Roof: Composition
  • Exterior: Wood
  • Foundation: Slab
  • Lot Details: Corner Lot, Dead End Street
  • Roof: Composition
  • Site Features: Cabana/Gazebo, Cable TV, Deck, Full Fence, High Speed Internet, Outbuildings, Patio, RV Parking, Shop
  • View: Territorial
  • Lot Topography: Level, Partial Slope

Garage/Parking

  • Parking Type: Garage-Attached, Garage-Detached
  • Total Covered Spaces: 4

Utilities

  • Cooling: Forced Air
  • Heating: Forced Air
  • Appliances: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Heating and Cooling: Forced Air
  • Power Company: Puget Sound Energy
  • Sewer: Septic
  • Water Company: Lakehaven
  • Water Source: Public

Schools

  • School District: FED
  • Elementary School: Sherwood Forest Elem
  • Middle School: Illahee Jnr High
  • High School: Todd Beamer High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 25, 2023
Sold by
Paiz Noemi Villeda and Paiz Rafael Soleto
Bought by
Gonzalez Rafael Sotelo
Total Days on Market
16
Current Estimated Value
$589,165

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$512,100
Outstanding Balance
$500,846
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$97,954

Purchase Details

Listed on
May 22, 2013
Closed on
Jul 15, 2013
Sold by
Greiner Sandra G
Bought by
Qualls Jonathan
Seller's Agent
Shirley Handley
John L. Scott, Inc
Buyer's Agent
Ryan Karns
Windermere RE West Campus Inc
List Price
$267,000
Sold Price
$267,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.05%
Original Mortgage
$262,163
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 19, 1997
Sold by
Mahaffie Phillip R and Greiner Sandra
Bought by
Greiner Sandra

Purchase Details

Closed on
Feb 10, 1992
Sold by
Yonich Susan K
Bought by
Sayre Jon H

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
Gonzalez Rafael Sotelo -- Chicago Title
Gonzalez Rafael Sotelo $569,000 Chicago Title
Qualls Jonathan $267,000 Rainier Title
Greiner Sandra -- --
Greiner Robert -- --
Sayre Jon H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonzalez Rafael Sotelo $512,100
Previous Owner Qualls Jonathan $382,500
Previous Owner Qualls Jonathan $303,700
Previous Owner Qualls Jonathan $75,200
Previous Owner Qualls Jonathan $5,258,028
Previous Owner Qualls Jonathan $262,163
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2013 07/19/13 Sold $267,000 0.0% $144 / Sq Ft
06/07/2013 06/07/13 Pending -- -- --
05/22/2013 05/22/13 For Sale $267,000 -- $144 / 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 $5,500 $548,000 $167,000 $381,000
2023 $5,453 $496,000 $151,000 $345,000
2022 $4,922 $539,000 $138,000 $401,000
2021 $4,263 $433,000 $110,000 $323,000
2020 $4,042 $351,000 $90,000 $261,000
2018 $4,035 $323,000 $72,000 $251,000
2017 $3,654 $282,000 $66,000 $216,000
2016 $3,549 $255,000 $60,000 $195,000
2015 $3,293 $237,000 $58,000 $179,000
2014 -- $225,000 $58,000 $167,000
2013 -- $184,000 $73,000 $111,000
Source: Public Records

Agents Affiliated with this Home

  • Shirley Handley

    Seller's Agent in 2013

    Shirley Handley

    John L Scott

    (206) 200-6510

    2 in this area

    27 Total Sales

    Shirley Handley
    Section Image
  • Ryan Karns

    Buyer's Agent in 2013

    Ryan Karns

    Windermere Real Estate / West Campus, Inc.

    (253) 569-8435

    1 in this area

    130 Total Sales

    Ryan Karns
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM491146

Northwest Multiple Listing Service (NWMLS)

APN: 011470-0080

Washington King County Federal Way 98023 Twin Lakes

2505 SW 346th St, Federal Way, WA

Homes for Sale in Federal Way, WA

This home is located at 2505 SW 346th St, Federal Way, WA 98023 since 22 May 2013 and is currently estimated at $589,165, approximately $316 per square foot. This property was built in 1974. 2505 SW 346th St is a home located in King County with nearby schools including Sherwood Forest Elementary School, Illahee Middle School, and Todd Beamer 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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