NOT LISTED FOR SALE

2705 SW 345th Place Federal Way, WA 98023

Twin Lakes Neighborhood

Estimated Value: $556,454 - $585,000

3 Beds
2 Baths
1,020 Sq Ft
$556/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 $567,364, approximately $556 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
$567,364

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

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

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Quantarium

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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
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
Open Bailey Martin J $227,000
Closed Bailey Marty J $218,500
Closed Bailey Marty J $57,800
Closed Bailey Marty J $231,200
Previous Owner Stiles Justin $185,200
Closed Stiles Justin $46,300
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 $4,847 $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

Washington King County Federal Way 98023 Twin Lakes

2705 SW 345th Place, Federal Way, WA

Homes for Sale in Federal Way, WA

This home is located at 2705 SW 345th Place, Federal Way, WA 98023 and is currently estimated at $567,364, approximately $556 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.

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