Listed by Bonifield Group, Bought with Keller Williams Rty Tacoma
NOT LISTED FOR SALE

2531 S 288th St Unit 4 Federal Way, WA 98003

Estimated Value: $402,000 - $444,000

3 Beds
3 Baths
1,409 Sq Ft
5,227 Sq Ft Lot

Last Sold May 24, 2016

Last sale price $210,000 $149 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $2,590/month

15 Days on Market

About This Home

As of May 2016

Charming townhouse in gated community. Elegant end-unit nestled way back from street behind a locked gate in a small, quiet, beautifully maintained 36-home community. New interior paint!, roomy attached 1-car garage with inside entry for safety, one extra parking space & guest parking. The main level has a spacious foyer, living/dining room with a gas fireplace, kitchen, half bath & patio. Full bath & laundry. Beautiful green common area w/2 play structures.

Last Agent to Sell the Property

S Bonfield

Bonifield Group License #18658 Listed on: 03/18/2016

Last Buyer's Agent

Edward DiBello

Keller Williams Rty Tacoma License #9499

Keller Williams Rty Tacoma

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM911873

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,163

Year Built

  • Built in 1999

Lot Details

  • 5,227

Parking

  • Garage

Home Design

  • Composition Roof
  • Wood Composite

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Laminate Flooring

Listing and Financial Details

  • Assessor Parcel Number 2698000240

Community Details

Overview

  • Federal Way Community

Pet Policy

  • Pets allowed on a case-by-case basis
  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,163

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 32 - Townhouse
  • Year Built: 1999
  • Special Features: 20
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Laminate
  • Bedrooms: 3.00
  • Bathrooms: 2.50
  • Total Full Bathrooms: 2
  • Total Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplace Type: Gas
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Family Room: Main
  • Kitchen: Main
  • Estimated Sq Ft: 1409

Exterior Features

  • Exterior: Wood Products
  • Roof: Composition

Garage/Parking

  • Parking Type: Individual Garage

Utilities

  • Heating And Cooling: Forced Air
  • Water Heater: Attic-Instant Gas

Condo/Co-op/Association

  • Numberof Units In Complex: 36
  • HOA Fees: 242
  • Community Name: Federal Way
  • Project: Garden Townhomes
  • Cats And Dogs: Subj To Restrictions
  • Manager Contact Information: Gail (253) 852-8195
  • Association Contact: Bell Anderson
  • Common Property Features: Security Gate
  • Home Owner Dues Included: Water/Sewer, Common Area Maintenance

Schools

  • School District: FED

Lot Info

  • Lot Details: Paved Street
  • Lot Sq Ft: 5203
  • Parcel Number: 2698000240

Tax Info

  • Tax Amount: 2398

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2016
Closed on
May 19, 2016
Sold by
Fannie Mae
Bought by
Nevels Blondell and Nevels Donielle
Seller's Agent
S Bonfield
Bonifield Group
Buyer's Agent
Edward DiBello
Keller Williams Rty Tacoma
List Price
$229,800
Sold Price
$210,000
Premium/Discount to List
-$19,800
-8.62%
Current Estimated Value
$423,002

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$213,002
Avg. Annual Appreciation
7.77%
Original Mortgage
$206,196
Outstanding Balance
$167,836
Interest Rate
4.37%
Mortgage Type
FHA
Estimated Equity
$255,166

Purchase Details

Closed on
Aug 24, 2015
Sold by
Chung Jim R and Chung Jamie J
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 11, 2008
Sold by
Chung Jim R
Bought by
Chung Jim R and Chung Jamie J

Purchase Details

Closed on
May 18, 2006
Sold by
Chung Jamie J
Bought by
Chung Jim R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
6.41%

Purchase Details

Closed on
May 11, 2006
Sold by
Richardson Patrick and Robertson Carrie L
Bought by
Chung Jim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
6.41%

Purchase Details

Closed on
Jun 11, 2002
Sold by
Funk Mark S and Funk Sherry K
Bought by
Richardson Patrick and Robertson Carrie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,105
Interest Rate
6.74%
Source: Public Records

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
Nevels Blondell $210,000 Servicelink
Federal National Mortgage Association $180,500 Old Republic
Chung Jim R -- Ticor National
Chung Jim R -- First American
Chung Jim $220,000 First American
Richardson Patrick $155,900 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nevels Blondell $206,196
Previous Owner Chung Jim R $176,000
Previous Owner Chung Jim $44,000
Previous Owner Richardson Patrick $148,105
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2016 05/24/16 Sold $210,000 -8.6% $149 / Sq Ft
04/04/2016 04/04/16 Pending -- -- --
03/19/2016 03/19/16 For Sale $229,800 -- $163 / 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 $4,163 $372,000 $65,000 $307,000
2023 $3,497 $423,000 $46,800 $376,200
2022 $3,160 $355,000 $41,600 $313,400
2021 $3,259 $278,000 $36,400 $241,600
2020 $3,050 $270,000 $36,400 $233,600
2018 $3,014 $237,000 $33,800 $203,200
2017 $2,482 $212,000 $33,800 $178,200
2016 $2,443 $174,000 $33,800 $140,200
2015 $2,398 $164,000 $33,800 $130,200
2014 -- $165,000 $33,800 $131,200
2013 -- $116,000 $33,800 $82,200
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2016

    S Bonfield

    Bonifield Group

    (206) 423-4867

    16 Total Sales

    S Bonfield
    Section Image

  • E

    Buyer's Agent in 2016

    Edward DiBello

    Keller Williams Rty Tacoma

    (425) 770-1587

    20 Total Sales

    Edward DiBello
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM911873

Northwest Multiple Listing Service (NWMLS)

APN: 269800-0240

Washington King County Federal Way 98003

2531 S 288th St Unit 4, Federal Way, WA

This home is located at 2531 S 288th St Unit 4, Federal Way, WA 98003 since 18 March 2016 and is currently estimated at $423,002, approximately $300 per square foot. This property was built in 1999. 2531 S 288th St Unit 4 is a home located in King County with nearby schools including Valhalla Elementary School, Kilo Middle School, and Thomas Jefferson 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) 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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