Listed by Tribeca NW Real Estate, Bought with Professional Realty Services
$265,000
SOLD JUL 1, 2013

2506 SW 323rd St Federal Way, WA 98023

Twin Lakes Neighborhood
4 Beds
3 Baths
3,860 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$69 Per Sq Ft

119 Days on Market

About This Home

As of September 2019

Georgeous 3860 sf home w/ 56' of waterfront. This spacious home offers massive rooms, chocolate hardwood floors, wall to wall carpet, deck off master bedroom. Close and convienent to schools shopping and freeways. This is an opportunity!

Last Agent to Sell the Property

Jeffrey Costello

Tribeca NW Real Estate License #26014 Listed on: 05/16/2012

Co-Listed By

Chase Costello

Real Broker LLC License #109015

Last Buyer's Agent

George Isaacs

Professional Realty Services

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM357293

Northwest Multiple Listing Service (NWMLS)

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2019
Closed on
Sep 11, 2019
Sold by
Tong Ed Hon Ming and Lui Melody Cinlamg
Bought by
Mobley Aleteena
Seller's Agent
Leslie Fox
Windermere RE Greenwood
Buyer's Agent
Daisha Britt
Britt Real Estate
List Price
$549,000
Sold Price
$540,000
Premium/Discount to List
-$9,000
-1.64%
Total Days on Market
119
Current Estimated Value
$861,465

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$321,465
Avg. Annual Appreciation
8.39%
Original Mortgage
$530,219
Outstanding Balance
$472,889
Interest Rate
3.99%
Mortgage Type
FHA
Estimated Equity
$382,041

Purchase Details

Closed on
Feb 12, 2014
Sold by
Tong Ed Hon Ming and Lui Melody Cinlang
Bought by
Tong Ed Hon Ming and Lui Melody Cinlamg

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
4.38%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
May 16, 2012
Closed on
Jun 28, 2013
Sold by
Estes Judith A
Bought by
Lui Melody Cinlamg and Tong Ed Hon Ming
Seller's Agent
Jeffrey Costello
Tribeca NW Real Estate
Buyer's Agent
George Isaacs
Professional Realty Services
List Price
$265,000
Sold Price
$265,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.33%

Purchase Details

Closed on
Apr 3, 2009
Sold by
Estes Judith A
Bought by
Estes Judith A

Purchase Details

Closed on
May 9, 2006
Sold by
Estes Glenn C
Bought by
Estes Judy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,900
Interest Rate
5.96%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 2, 2006
Sold by
Draughon Robert T and Draughon Luzane T
Bought by
Estes Judy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,900
Interest Rate
5.96%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 26, 1989
Sold by
Brazeltonwilliam Brazeltonwilliam W and Brazeltonwilliam Linda R
Bought by
Draughon Robert T and Draughon Luzane T
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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 Type Sale Price Title Company
Warranty Deed $540,000 Cw Title
Interfamily Deed Transfer -- First American
Warranty Deed $265,000 Stewart Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- First American
Warranty Deed $448,800 First American
Warranty Deed $148,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $21,193 FHA
Closed $22,088 FHA
Closed $18,154 FHA
Closed $28,881 FHA
Open $530,219 FHA
Previous Owner $130,000 Credit Line Revolving
Previous Owner $444,000 Negative Amortization
Previous Owner $46,000 Stand Alone Second
Previous Owner $44,900 Credit Line Revolving
Previous Owner $359,000 Negative Amortization
Previous Owner $359,000 Negative Amortization
Previous Owner $75,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2019 09/20/19 Sold $540,000 -1.6% $140 / Sq Ft
08/17/2019 08/17/19 Pending -- -- --
08/06/2019 08/06/19 For Sale $549,000 0.0% $142 / Sq Ft
07/20/2019 07/20/19 Pending -- -- --
07/10/2019 07/10/19 For Sale $549,000 0.0% $142 / Sq Ft
05/21/2019 05/21/19 Pending -- -- --
05/17/2019 05/17/19 For Sale $549,000 +107.2% $142 / Sq Ft
07/01/2013 07/01/13 Sold $265,000 0.0% $69 / Sq Ft
09/12/2012 09/12/12 Pending -- -- --
05/16/2012 05/16/12 For Sale $265,000 -- $69 / 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 $8,471 $854,000 $244,000 $610,000
2023 $6,694 $773,000 $220,000 $553,000
2022 $6,195 $684,000 $200,000 $484,000
2021 $6,837 $549,000 $160,000 $389,000
2020 $6,502 $571,000 $146,000 $425,000
2018 $7,004 $568,000 $117,000 $451,000
2017 $6,343 $495,000 $107,000 $388,000
2016 $5,629 $448,000 $98,000 $350,000
2015 $5,223 $380,000 $94,000 $286,000
2014 -- $361,000 $94,000 $267,000
2013 -- $356,000 $99,000 $257,000
Source: Public Records

Agents Affiliated with this Home

  • Leslie Fox

    Seller's Agent in 2019

    Leslie Fox

    Windermere Corporate

    (206) 300-7018

    77 Total Sales

    Leslie Fox
    Section Image

  • D

    Buyer's Agent in 2019

    Daisha Britt

    Britt Real Estate

    Section Image

  • J

    Seller's Agent in 2013

    Jeffrey Costello

    Tribeca NW Real Estate

  • Chase Costello

    Seller Co-Listing Agent in 2013

    Chase Costello

    Real Broker LLC

    (206) 999-4420

    1 in this area

    299 Total Sales

    Chase Costello
    Section Image

  • G

    Buyer's Agent in 2013

    George Isaacs

    Professional Realty Services

See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM357293

Northwest Multiple Listing Service (NWMLS)

APN: 873180-0400

Washington King County Federal Way 98023 Twin Lakes

2506 SW 323rd St, Federal Way, WA

This home is located at 2506 SW 323rd St, Federal Way, WA 98023 and is currently priced at $265,000, approximately $68 per square foot. This property was built in 1968. 2506 SW 323rd St is a home located in King County with nearby schools including Olympic View Elementary School, Saghalie Middle School, and Decatur 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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