Listed by Engel & Voelkers North Tacoma, Bought with Gateway Real Estate
NOT LISTED FOR SALE

2632 S 362nd Place Federal Way, WA 98003

Estimated Value: $556,325 - $577,000

3 Beds
2 Baths
1,290 Sq Ft
$440/Sq Ft Est. Value

Last Sold July 24, 2023

Last sale price $526,500 $408 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,556/month

2 Days on Market

Highlights

  • No HOA
  • Forced Air Heating and Cooling System
  • 1-Story Property
  • 2 Car Attached Garage

About This Home

As of July 2023

This is the one you've been waiting for! This 3bd/2ba is located in an amazing location and cul de sac! Vaulted ceilings in living room with newer laminate flooring and new carpeted bedrooms! One of the bedrooms has built in cabinets and functions as office (buyer can remove if needed). Don't miss the sunroom and "garden/potting room off patio!" There's also a shed in the back yard for additional storage. The location is amazing! Close to all shopping and restaurants! Amazing schools and close to public transportation and Wild Waves! This homes features tons of privacy, while still close to everything! Don't miss the fruit trees in your huge, private back yard! Call today to schedule a showing before it is gone!

Last Agent to Sell the Property

Mackenzie Record

Engel & Voelkers North Tacoma License #25043 Listed on: 07/06/2023

Engel & Voelkers North Tacoma

Last Buyer's Agent

Fred Moore

Gateway Real Estate License #111324

Gateway Real Estate

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2133741

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,063

Year Built

  • Built in 1996

Lot Details

  • 7,719

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof

Interior Spaces

  • 1,290 Sq Ft Home
  • 1-Story Property
  • Down Draft Cooktop

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Schools

  • Sequoyah Mid Sch Middle School

Additional Features

  • 7,719 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Federal Way Subdivision

Listing and Financial Details

  • Down Payment Assistance Available
  • Assessor Parcel Number 1150700070

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,063

Year Built

Built in 1996

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 10 - 1 Story
  • Year Built: 1996
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: 0
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1290
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • Special Features: None
  • Cumulative Days on Market: 765

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace: No
  • Living Area: 1290
  • Main Level Bedrooms: 3
  • Bathrooms: 2
  • BathsFullMain: 2
  • SquareFootageFinished: 1290
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • NWM_NumberOfBathtubs: 2
  • NWM_NumberOfShowers: 2

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Exterior Features: See Remarks
  • Structure Type: House

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: Forced Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • Heating Yn: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Federal Way
  • Middle Or Junior School: Sequoyah Mid Sch

Lot Info

  • Parcel Number: 1150700070
  • Land Lease: No
  • Lot Size Acres: 0.1772
  • Lot Size Sq Ft: 7719
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist
  • LotNumber: 0

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • ShortTermRentalYN: false

Tax Info

  • Year: 2023
  • Tax Annual Amount: 5063

Multi Family

  • EnergySource: Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2018
Closed on
Jun 21, 2018
Sold by
Alvarez Lindzee and Alvarez Robert
Bought by
Vann Andrea and Vann Alastair
Seller's Agent
Jim Swanson
COMPASS
Buyer's Agent
Tim McEwen
KW Mountains to Sound Realty
List Price
$339,900
Sold Price
$345,000
Premium/Discount to List
$5,100
1.5%
Current Estimated Value
$567,081

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$222,081
Avg. Annual Appreciation
6.52%
Original Mortgage
$338,751
Outstanding Balance
$302,483
Interest Rate
5.5%
Mortgage Type
FHA
Estimated Equity
$240,584

Purchase Details

Closed on
Oct 13, 2006
Sold by
Alvarez Robert
Bought by
Alvarez Lindzee and Perez Lindzee C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
6.46%

Purchase Details

Closed on
Sep 21, 2004
Sold by
Hewitt Albert K and Hewitt Muriel L
Bought by
Perez Lindzee C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,400
Interest Rate
5.25%

Purchase Details

Closed on
Aug 6, 2002
Sold by
Hewitt Albert K and Hewitt Muriel L
Bought by
Hewitt Albert K and Hewitt Muriel L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,000
Interest Rate
4.87%

Purchase Details

Closed on
Aug 25, 2000
Sold by
Tripp Ronald D and Tripp Regina I
Bought by
Hewitt Albert K and Hewitt Muriel L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,400
Interest Rate
8.2%

Purchase Details

Closed on
May 6, 1996
Sold by
Apple Development Homes Inc
Bought by
Tripp Ronald D and Tripp Regina I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,760
Interest Rate
7.68%
Source: Public Records

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
Vann Andrea $345,000 Wfg National Title
Alvarez Lindzee -- Transnation Ti
Perez Lindzee C $223,000 Fidelity Natio
Hewitt Albert K -- Fidelity Natio
Wdbtchr Trust -- --
Hewitt Albert K $168,000 Commonwealth Land Title
Tripp Ronald D $138,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vann Andrea $21,759
Open Vann Andrea $338,751
Closed Vann Andrea $13,550
Previous Owner Alvarez Lindzee $176,900
Previous Owner Alvarez Lindzee $102,000
Previous Owner Perez Lindzee C $90,000
Previous Owner Perez Lindzee C $55,000
Previous Owner Perez Lindzee C $178,400
Previous Owner Hewitt Albert K $42,000
Previous Owner Hewitt Albert K $138,000
Previous Owner Hewitt Albert K $134,400
Previous Owner Tripp Ronald D $140,760
Closed Perez Lindzee C $44,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2023 07/24/23 Sold $526,500 +1.4% $408 / Sq Ft
07/08/2023 07/08/23 Pending -- -- --
07/06/2023 07/06/23 For Sale $519,000 +50.4% $402 / Sq Ft
06/22/2018 06/22/18 Sold $345,000 +1.5% $267 / Sq Ft
05/24/2018 05/24/18 Pending -- -- --
05/17/2018 05/17/18 For Sale $339,900 -- $263 / 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 $5,604 $511,000 $150,000 $361,000
2023 $5,063 $435,000 $130,000 $305,000
2022 $4,646 $469,000 $139,000 $330,000
2021 $4,232 $369,000 $113,000 $256,000
2020 $4,070 $311,000 $100,000 $211,000
2018 $4,075 $284,000 $100,000 $184,000
2017 $3,548 $256,000 $91,000 $165,000
2016 $3,557 $219,000 $91,000 $128,000
2015 $3,269 $216,000 $91,000 $125,000
2014 -- $203,000 $91,000 $112,000
2013 -- $168,000 $87,000 $81,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2133741

Northwest Multiple Listing Service (NWMLS)

APN: 115070-0070