Listed by Best Choice Network LLC, Bought with Coldwell Banker Bain
NOT LISTED FOR SALE

2531 S 288th St Unit 3 Federal Way, WA 98003

Estimated Value: $401,000 - $448,000

3 Beds
3 Baths
1,401 Sq Ft
$301/Sq Ft Est. Value

Last Sold October 05, 2018

Last sale price $275,000 $196 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $2,577/month

61 Days on Market

Highlights

  • 1 Fireplace
  • Gated Home
  • Wall to Wall Carpet
  • Attached Garage
  • Level Lot

About This Home

As of October 2018

Enjoy a beautiful townhome in a gated community. This home has 3 bedrooms, 2.5 baths and is situated in a small quiet well care 36-home community. Home has spacious bedrooms with attached 1 car garage, foyer, gas fireplace. Master has private baths. One extra parking space and guest parking. Close to stores, freeways and amenities.

Last Agent to Sell the Property

Betty Erumwunse

Best Choice Network LLC License #94048 Listed on: 07/11/2018

Best Choice Network LLC

Last Buyer's Agent

Leslie Lucas

Coldwell Banker Bain License #18245

Coldwell Banker Bain

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1324553

Northwest Multiple Listing Service (NWMLS)

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,088

Year Built

  • Built in 1999

Lot Details

  • 4.3

Parking

  • Attached Garage

Home Design

  • Poured Concrete
  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 1 Fireplace
  • Wall to Wall Carpet

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Laundry

  • Dryer
  • Washer

Additional Features

  • Gated Home
  • Cable TV Available

Community Details

  • Federal Way Community

Listing and Financial Details

  • Assessor Parcel Number 2698000230

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,088

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 32 - Townhouse
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1999
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Features: Skylights, Walk-In Closet
  • Floor Covering: Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 3.00
  • Bathrooms: 2.50
  • Total Full Bathrooms: 2
  • Total Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Living Room: Main
  • Estimated Sq Ft: 1401

Exterior Features

  • Exterior: Metal/Vinyl
  • Foundation: Poured Concrete
  • Roof: Composition

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 1

Utilities

  • Heating And Cooling: Forced Air
  • Sewer: Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 293
  • Community Name: Federal Way

Schools

  • School District: FED

Lot Info

  • Lot Details: Paved Street
  • Lot Dimensions: 187,311
  • Lot Sq Ft: 187311
  • Lot Topography Vegetation: Level
  • Parcel Number: 2698000230
  • Lot Topography: Level

Tax Info

  • Tax Amount: 2944

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2018
Closed on
Oct 4, 2018
Sold by
Ndungu Deborah
Bought by
Ward Pogue Nicole
Seller's Agent
Betty Erumwunse
Best Choice Network LLC
Buyer's Agent
Leslie Lucas
Coldwell Banker Bain
List Price
$335,000
Sold Price
$275,000
Premium/Discount to List
-$60,000
-17.91%
Current Estimated Value
$421,763

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,763
Avg. Annual Appreciation
6.30%
Original Mortgage
$270,019
Outstanding Balance
$240,791
Interest Rate
5.62%
Mortgage Type
FHA
Estimated Equity
$180,972

Purchase Details

Closed on
Sep 3, 2008
Sold by
Mbugua Benson
Bought by
Ndungu Deborah

Purchase Details

Closed on
Sep 24, 2002
Sold by
Funk Mark S and Funk Sherry K
Bought by
Mbugua Benson and Ndungu Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,300
Interest Rate
6.16%
Source: Public Records

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
Ward Pogue Nicole $275,000 Ticor Title
Ndungu Deborah -- None Available
Mbugua Benson $156,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ward Pogue Nicole $270,019
Previous Owner Mbugua Benson $151,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2018 10/05/18 Sold $275,000 -5.2% $196 / Sq Ft
09/10/2018 09/10/18 Pending -- -- --
08/16/2018 08/16/18 Price Changed $290,000 -13.4% $207 / Sq Ft
07/11/2018 07/11/18 For Sale $335,000 -- $239 / 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 $4,088 $364,000 $65,000 $299,000
2023 $3,440 $416,000 $46,800 $369,200
2022 $3,094 $349,000 $41,600 $307,400
2021 $3,213 $272,000 $36,400 $235,600
2020 $2,991 $266,000 $36,400 $229,600
2018 $2,944 $232,000 $33,800 $198,200
2017 $2,426 $207,000 $33,800 $173,200
2016 $2,356 $170,000 $33,800 $136,200
2015 $2,299 $158,000 $33,800 $124,200
2014 -- $158,000 $33,800 $124,200
2013 -- $111,000 $33,800 $77,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1324553

Northwest Multiple Listing Service (NWMLS)

APN: 269800-0230