NOT LISTED FOR SALE

2615 SW 306th Place Federal Way, WA 98023

Twin Lakes Neighborhood

Estimated Value: $914,000 - $1,143,000

4 Beds
4 Baths
3,100 Sq Ft
$340/Sq Ft Est. Value

About This Home

This home is located at 2615 SW 306th Place, Federal Way, WA 98023 and is currently estimated at $1,053,693, approximately $339 per square foot. 2615 SW 306th Place is a home located in King County with nearby schools including Adelaide Elementary School, Lakota Middle School, and Decatur High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 6, 2020
Sold by
Mendenhall Linda D
Bought by
Mendenhall John C
Current Estimated Value
$1,053,693

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Outstanding Balance
$284,024
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$769,669

Purchase Details

Closed on
May 4, 2006
Sold by
Allen Thomas L
Bought by
Mendenhall John C and Mendenhall Linda D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 19, 2003
Sold by
Smith Kenneth B and Smith Barbara J
Bought by
Allen Thomas L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,400
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 25, 2000
Sold by
Smith Kenneth B and Smith Barbara J
Bought by
Smith Kenneth B and Smith Barbara J
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mendenhall John C -- Chicago Title
Mendenhall John C $699,900 Transnation Ti
Allen Thomas L $418,000 Lawyers Title
Smith Kenneth B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mendenhall John C $400,000
Closed Mendenhall John C $560,000
Previous Owner Allen Thomas L $332,400
Source: Public Records

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 $10,427 $1,075,000 $346,000 $729,000
2023 $10,167 $972,000 $314,000 $658,000
2022 $9,499 $1,049,000 $320,000 $729,000
2021 $8,639 $850,000 $291,000 $559,000
2020 $8,275 $725,000 $267,000 $458,000
2018 $7,324 $568,000 $203,000 $365,000
2017 $7,109 $518,000 $190,000 $328,000
2016 $6,983 $503,000 $190,000 $313,000
2015 $6,373 $473,000 $177,000 $296,000
2014 -- $442,000 $165,000 $277,000
2013 -- $402,000 $158,000 $244,000
Source: Public Records

Map

Washington King County Federal Way 98023 Twin Lakes

2615 SW 306th Place, Federal Way, WA

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.

Nearby Homes