NOT LISTED FOR SALE

2625 SW 320th Place Federal Way, WA 98023

Twin Lakes Neighborhood

Estimated Value: $497,000 - $582,792

3 Beds
2 Baths
1,620 Sq Ft
$337/Sq Ft Est. Value

Last Sold March 08, 2021

Last sale price $485,000 $299 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,509/month

4 Days on Market

Highlights

  • Golf Course Community
  • Property is near public transit
  • Sport Court
  • Clubhouse
  • Traditional Architecture
  • 2 Car Attached Garage

About This Home

As of March 2021

3Bd, 2 car garage - Cozy Twin Lakes Rambler in quiet neighborhood with Private Championship 18 Hole Golf Course. Double door entry into living rm w/stunning wood wrapped bay window with views of private landscaped fenced back yard. 2 bdrms have bay windows & red wood cedar lined walk-in closets. Master Bdrm with 3/4 bath. Kitchen, dining area & family rm have newer engineered flooring. Wired for generator. Garage storage shelves. Updates include: New carpet, new furnace & hot water heater, garbage disposal, and dishwasher in 2019. Newer Refrigerator 2017. Mins to parks, golf, shopping, trails, bus stops, Transit Center, Park'n'Rides, & upcoming Light Rail Station.

Last Listed By

Vicky Francis

Better Properties NW License #76518 Listed on: 01/16/2021

Better Properties NW

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1717010

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,891

Year Built

  • Built in 1967

Lot Details

  • 9,870 Sq Ft Lot
  • North Facing Home
  • Property is Fully Fenced
  • Level Lot
  • Garden
  • Property is in average condition

HOA Fees

  • $34 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Pillar, Post or Pier Foundation
  • Poured Concrete
  • Tile Roof
  • Wood Siding

Interior Spaces

  • 1,620 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Slate Flooring

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Dryer
  • Washer

Schools

  • Olympic View Elementary School
  • Saghalie Jnr High Middle School
  • Decatur High School

Utilities

  • High Efficiency Air Conditioning
  • High Efficiency Heating System
  • Water Heater
  • High Speed Internet

Additional Features

  • Patio
  • Property is near public transit

Listing and Financial Details

  • Down Payment Assistance Available
  • Tax Lot 29
  • Assessor Parcel Number 8731900290

Community Details

Overview

  • Twin Lakes HOA c/o Bell Anderson & Associates Association
  • Secondary HOA Phone (253) 852-8195
  • Twin Lakes Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Sport Court

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,891

Year Built

Built in 1967

Lot Details

0

HOA Fees

$34 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 10 - 1 Story
  • Year Built: 1967
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,Microwave,RangeOven,Refrigerator,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Traditional
  • Building Name: Twin Lakes No. 2
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1620
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • Special Features: None
  • Cumulative Days on Market: 739

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Appliances: Dishwasher, Dryer, Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Laminate, Slate, Carpet
  • Interior Amenities: Laminate Hardwood, Wall to Wall Carpet, Bath Off Primary, Water Heater
  • Living Area: 1620
  • Main Level Bedrooms: 3
  • Bathrooms: 1.75
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 1620
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Microwave,Range/Oven,Refrigerator,Washer

Exterior Features

  • Roof: Tile
  • Lot Features: Curbs
  • Pool Features: Community
  • View: No
  • Waterfront: No
  • Direction Faces: North
  • Exterior Features: Wood
  • Foundation Details: Post & Pillar, Poured Concrete
  • Property Condition: Average
  • Structure Type: House
  • BusLineNearby: true
  • ConstructionMethods: Standard Frame
  • PoolType: Community
  • BusRouteNumber: 187

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage
  • Total Parking Spaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: LakeHaven
  • WaterCompany: LakeHaven
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Gas

Condo/Co-op/Association

  • Community Features: Athletic Court, CCRs, Club House, Golf
  • Senior Community: No
  • Association Fee: 34
  • Association Fee Frequency: Monthly
  • Phone: 253-852-8195
  • Association: Yes
  • AssociationContactName: Twin Lakes HOA-c/o Bell Anderson & Associates

Schools

  • Junior High Dist: Federal Way
  • High School: Decatur High
  • Middle Or Junior School: Saghalie Jnr High

Lot Info

  • Parcel Number: 8731900290
  • Topography: Level
  • Lot Size Acres: 0.2266
  • Lot Size Sq Ft: 9870
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Fully,Gas Available,High Speed Internet,Patio
  • MLSLotSizeSource: King County eReal
  • MLSSquareFootageSource: King County eReal
  • ZoningJurisdiction: City
  • LotNumber: 29

Green Features

  • Efficiency: High Efficiency (Unspecified)
  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2020
  • Tax Annual Amount: 3891

Multi Family

  • EnergySource: Natural Gas

MLS Schools

  • Elementary School: Olympic View Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2021
Closed on
Feb 17, 2021
Sold by
Brinsmead Diana L and Hammond Steven D
Bought by
Morehead Kenneth E and Morehead Tamara L
Seller's Agent
Vicky Francis
Better Properties NW
Buyer's Agent
Sarah Asay
Asay Realty
List Price
$435,000
Sold Price
$485,000
Premium/Discount to List
$50,000
11.49%
Total Days on Market
4
Current Estimated Value
$545,698

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,698
Avg. Annual Appreciation
2.83%
Original Mortgage
$339,500
Outstanding Balance
$307,776
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$237,922

Purchase Details

Closed on
Jul 30, 1997
Sold by
Macchiarella Anthony and Macchiarella Mary Ann
Bought by
Hammond Wilfred J and Hammond Florence M

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
Morehead Kenneth E $485,000 Stewart Title Company
Hammond Wilfred J $163,000 Chicago Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morehead Kenneth E $339,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2021 03/08/21 Sold $485,000 +11.5% $299 / Sq Ft
01/20/2021 01/20/21 Pending -- -- --
01/16/2021 01/16/21 For Sale $435,000 -- $269 / 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 $5,037 $499,000 $216,000 $283,000
2023 $4,858 $452,000 $195,000 $257,000
2022 $4,494 $491,000 $178,000 $313,000
2021 $4,099 $394,000 $142,000 $252,000
2020 $3,891 $337,000 $117,000 $220,000
2018 $3,868 $310,000 $94,000 $216,000
2017 $3,501 $270,000 $86,000 $184,000
2016 $3,403 $244,000 $79,000 $165,000
2015 $3,165 $227,000 $76,000 $151,000
2014 -- $216,000 $76,000 $140,000
2013 -- $186,000 $89,000 $97,000
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2021

    Vicky Francis

    Better Properties NW

    (425) 269-7313

    1 in this area

    2 Total Sales

    Vicky Francis
    Section Image
  • Sarah Asay

    Buyer's Agent in 2021

    Sarah Asay

    Asay Realty

    (206) 310-0683

    2 in this area

    138 Total Sales

    Sarah Asay
    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1717010

Northwest Multiple Listing Service (NWMLS)

APN: 873190-0290

Washington King County Federal Way 98023 Twin Lakes

2625 SW 320th Place, Federal Way, WA

Homes for Sale in Federal Way, WA

This home is located at 2625 SW 320th Place, Federal Way, WA 98023 since 16 January 2021 and is currently estimated at $545,698, approximately $336 per square foot. This property was built in 1967. 2625 SW 320th Place 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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