NOT LISTED FOR SALE

2627 SW 348th Place Federal Way, WA 98023

Twin Lakes Neighborhood

Estimated Value: $538,000 - $572,000

2 Beds
2 Baths
970 Sq Ft
$574/Sq Ft Est. Value

About This Home

This home is located at 2627 SW 348th Place, Federal Way, WA 98023 and is currently estimated at $556,459, approximately $573 per square foot. 2627 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
Oct 23, 2003
Sold by
Patterson Billie Jeane and Schantz Billie Jeane
Bought by
Bennett Richard H and Bennett Luisa E
Current Estimated Value
$556,459

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,800
Interest Rate
3.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 5, 1992
Sold by
Palmer Mark A and Palmer Janice M
Bought by
Schantz Billie Jeane

Range of Values:

Collateral Analytics

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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
Bennett Richard H $184,000 Stewart Title
Schantz Billie Jeane $117,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bennett Richard H $131,750
Closed Bennett Richard H $144,000
Closed Bennett Richard H $140,000
Closed Bennett Richard H $128,800
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 $3,468 $375,000 $110,000 $265,000
2020 $3,284 $283,000 $90,000 $193,000
2018 $3,283 $261,000 $72,000 $189,000
2017 $2,972 $228,000 $66,000 $162,000
2016 $2,894 $206,000 $60,000 $146,000
2015 $2,682 $192,000 $58,000 $134,000
2014 -- $182,000 $58,000 $124,000
2013 -- $162,000 $73,000 $89,000
Source: Public Records

Map

Washington King County Federal Way 98023 Twin Lakes

2627 SW 348th Place, Federal Way, WA

Homes for Sale in Federal Way, WA

This home is located at 2627 SW 348th Place, Federal Way, WA 98023 and is currently estimated at $556,459, approximately $573 per square foot. 2627 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.

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