Listed by ZL Realty, LLC, Bought with KW Everett
NOT LISTED FOR SALE

2658 S 298th St Federal Way, WA 98003

Steel Lake Neighborhood

Estimated Value: $435,000 - $569,000

2 Beds
1 Bath
800 Sq Ft
$587/Sq Ft Est. Value

Last Sold August 15, 2018

Last sale price $260,591 $326 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $2,802/month

10 Days on Market

Highlights

  • 1 Fireplace
  • Level Lot
  • Vinyl Flooring
  • Attached Garage
  • Wood Siding

About This Home

As of August 2018

2 bed, 1 bath, 800 sq ft rambler on 8700 SF lot. Living room with fireplace and updated kitchen with breakfast bar, new roof and new window. Easy to rent out and good cash flow. Close to I-5, 167, 18, The Commons at Federal Way, Steel Lake, and many other amenities!

Last Agent to Sell the Property

Zhenglong Bai

ZL Realty, LLC License #25443 Listed on: 06/26/2018

Last Buyer's Agent

Ana Solano

KW Everett

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1317928

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,749

Year Built

  • Built in 1939

Lot Details

  • 8,712

Parking

  • Attached Garage

Home Design

  • Composition Roof
  • Wood Siding

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Laminate
  • Vinyl

Laundry

  • Dryer
  • Washer

Additional Features

  • 1 Fireplace
  • Level Lot
  • Septic System

Community Details

  • Federal Way Community

Listing and Financial Details

  • Assessor Parcel Number 7683800014

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,749

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 10 - 1 Story
  • Building Information: Built On Lot
  • Year Built: 1939
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Floor Covering: Laminate, Vinyl
  • Appliances That Stay: Dishwasher, Dryer, Range/Oven, Washer
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 1.00
  • Total Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Fireplaces: 1
  • Fireplaces Lower: 1
  • Estimated Sq Ft: 800
  • Square Footage Finished: 800

Exterior Features

  • Exterior: Wood
  • Roof: Composition

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 2

Utilities

  • Heating And Cooling: Baseboard
  • Sewer: Septic
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Federal Way

Schools

  • School District: FED

Lot Info

  • Lot Sq Ft: 8700
  • Lot Topography Vegetation: Level
  • Parcel Number: 7683800014
  • Zoning Jurisdiction: City
  • Lot Topography: Level

Rental Info

  • Monthly Rentif Rented: 1300

Tax Info

  • Tax Amount: 1384

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2018
Closed on
Aug 7, 2018
Sold by
Bai Zhenglong L and Tong Xiaoqian
Bought by
Dimas Reynaldo and Torres Ana E
Seller's Agent
Zhenglong Bai
ZL Realty, LLC
Buyer's Agent
Ana Solano
KW Everett
List Price
$256,000
Sold Price
$260,591
Premium/Discount to List
$4,591
1.79%
Current Estimated Value
$469,802

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$209,211
Avg. Annual Appreciation
8.63%
Original Mortgage
$247,561
Outstanding Balance
$214,997
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$254,805

Purchase Details

Listed on
Sep 13, 2013
Closed on
Dec 19, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Bai Zhenglong and Tong Xiaoqian
Seller's Agent
Jonathan Harper
Keller Williams Realty
Buyer's Agent
Zhenglong Bai
ZL Realty, LLC
List Price
$99,900
Sold Price
$83,000
Premium/Discount to List
-$16,900
-16.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.90%

Purchase Details

Closed on
Jul 30, 2013
Sold by
Turner Terry Dean
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Dec 10, 1998
Sold by
Edwards Don K
Bought by
Turner Terry Dean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,828
Interest Rate
6.78%
Mortgage Type
FHA
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
Dimas Reynaldo $260,590 First American Title
Bai Zhenglong -- Nextitle
Federal Home Loan Mortgage Corporation $99,578 Nextitle
Turner Terry Dean $106,000 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dimas Reynaldo $247,561
Previous Owner Turner Terry Dean $105,828
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2018 08/15/18 Sold $260,591 +1.8% $326 / Sq Ft
07/06/2018 07/06/18 Pending -- -- --
06/26/2018 06/26/18 For Sale $256,000 +208.4% $320 / Sq Ft
12/23/2013 12/23/13 Sold $83,000 -7.7% $104 / Sq Ft
11/29/2013 11/29/13 Pending -- -- --
11/14/2013 11/14/13 Price Changed $89,900 -10.0% $112 / Sq Ft
11/13/2013 11/13/13 For Sale $99,900 0.0% $125 / Sq Ft
10/25/2013 10/25/13 Pending -- -- --
10/07/2013 10/07/13 For Sale $99,900 0.0% $125 / Sq Ft
09/30/2013 09/30/13 Pending -- -- --
09/13/2013 09/13/13 For Sale $99,900 -- $125 / 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 $3,749 $365,000 $141,000 $224,000
2023 $3,554 $332,000 $129,000 $203,000
2022 $3,156 $354,000 $138,000 $216,000
2021 $2,883 $272,000 $126,000 $146,000
2020 $2,725 $233,000 $109,000 $124,000
2018 $2,767 $212,000 $88,000 $124,000
2017 $2,554 $191,000 $88,000 $103,000
2016 $2,254 $176,000 $84,000 $92,000
2015 $1,944 $148,000 $82,000 $66,000
2014 -- $130,000 $76,000 $54,000
2013 -- $110,000 $76,000 $34,000
Source: Public Records

Agents Affiliated with this Home

  • Z

    Seller's Agent in 2018

    Zhenglong Bai

    ZL Realty, LLC

    (206) 883-5259

    92 Total Sales

    Zhenglong Bai
    Section Image

  • A

    Buyer's Agent in 2018

    Ana Solano

    KW Everett

  • J

    Seller's Agent in 2013

    Jonathan Harper

    Keller Williams Realty

    (253) 651-7500

    123 Total Sales

    Jonathan Harper
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1317928

Northwest Multiple Listing Service (NWMLS)

APN: 768380-0014

Washington King County Federal Way 98003 Steel Lake

2658 S 298th St, Federal Way, WA

This home is located at 2658 S 298th St, Federal Way, WA 98003 since 26 June 2018 and is currently estimated at $469,802, approximately $587 per square foot. This property was built in 1939. 2658 S 298th St is a home located in King County with nearby schools including Wildwood Elementary School, Sacajawea Middle School, and Federal Way 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) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. 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. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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