2705 SW 345th Place Federal Way, WA 98023
Twin Lakes NeighborhoodEstimated Value: $549,535 - $585,000
3
Beds
2
Baths
1,020
Sq Ft
$554/Sq Ft
Est. Value
About This Home
This home is located at 2705 SW 345th Place, Federal Way, WA 98023 and is currently estimated at $564,634, approximately $553 per square foot. 2705 SW 345th 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
Jul 13, 2006
Sold by
Stiles Justin and Stiles Michaeline
Bought by
Bailey Marty J and Yu Hye Cha
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,800
Interest Rate
6.19%
Mortgage Type
Unknown
Purchase Details
Closed on
Apr 26, 2005
Sold by
Neely Malcolm A and Neely Wendy
Bought by
Stiles Justin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,200
Interest Rate
5.82%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Jun 10, 1992
Sold by
Hud
Bought by
Neely Malcolm A
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Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Bailey Marty J | $289,000 | Rainier Title | |
Stiles Justin | $231,500 | Fidelity Natio | |
Neely Malcolm A | $109,500 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Closed | Bailey Marty J | $57,800 | |
Open | Bailey Marty J | $231,200 | |
Previous Owner | Stiles Justin | $185,200 | |
Closed | Stiles Justin | $46,300 |
Source: Public Records
Tax History Compared to Growth
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 | $4,847 | $479,000 | $167,000 | $312,000 |
2023 | $4,796 | $434,000 | $151,000 | $283,000 |
2022 | $4,319 | $471,000 | $138,000 | $333,000 |
2021 | $3,468 | $378,000 | $110,000 | $268,000 |
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
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