NOT LISTED FOR SALE

2617 SW 348th Place Federal Way, WA 98023

Twin Lakes Neighborhood

Estimated Value: $527,103 - $579,000

2 Beds
2 Baths
970 Sq Ft
$564/Sq Ft Est. Value

About This Home

This home is located at 2617 SW 348th Place, Federal Way, WA 98023 and is currently estimated at $547,526, approximately $564 per square foot. 2617 SW 348th Place is a home located in King County with nearby schools including Sherwood Forest Elementary School, Illahee Middle School, and Todd Beamer High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 23, 1999
Sold by
Johnson Steven M
Bought by
Moreland Kenneth R and Moreland Sharon M
Current Estimated Value
$547,526

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,019
Outstanding Balance
$44,472
Interest Rate
7.68%
Mortgage Type
FHA
Estimated Equity
$503,054

Purchase Details

Closed on
Jul 7, 1994
Bought by
Johnson Steven M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,050
Interest Rate
8.53%
Mortgage Type
Assumption
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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.

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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.

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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.

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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.

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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
Moreland Kenneth R $145,000 First American
Johnson Steven M $127,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moreland Kenneth R $144,019
Previous Owner Johnson Steven M $130,050
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 $4,810 $475,000 $167,000 $308,000
2023 $4,754 $430,000 $151,000 $279,000
2022 $4,286 $467,000 $138,000 $329,000
2021 $3,421 $375,000 $110,000 $265,000
2020 $3,238 $279,000 $90,000 $189,000
2018 $3,227 $257,000 $72,000 $185,000
2017 $2,930 $224,000 $66,000 $158,000
2016 $2,850 $203,000 $60,000 $143,000
2015 $2,654 $189,000 $58,000 $131,000
2014 -- $180,000 $58,000 $122,000
2013 -- $159,000 $73,000 $86,000
Source: Public Records

Map

Washington King County Federal Way 98023 Twin Lakes

2617 SW 348th Place, Federal Way, WA

Not Listed for Sale

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