NOT LISTED FOR SALE

2718 SW 311th St Federal Way, WA 98023

Twin Lakes Neighborhood

Estimated Value: $812,000 - $931,000

4 Beds
3 Baths
3,240 Sq Ft
$264/Sq Ft Est. Value

About This Home

This home is located at 2718 SW 311th St, Federal Way, WA 98023 and is currently estimated at $855,774, approximately $264 per square foot. 2718 SW 311th St is a home located in King County with nearby schools including Twin Lakes Elementary School, Lakota Middle School, and Decatur High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 24, 2012
Sold by
Vo Thao P
Bought by
Chea Steve
Current Estimated Value
$855,774

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Outstanding Balance
$168,753
Interest Rate
3.84%
Mortgage Type
New Conventional
Estimated Equity
$683,852

Purchase Details

Closed on
Aug 9, 2011
Sold by
Park Hyun Kyu and Park Hyun Seaung
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 13, 2006
Sold by
Sound Built Homes Inc
Bought by
Park Hyun Ayu and Park Hyun Seung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
6.18%
Mortgage Type
Stand Alone Second

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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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
Chea Steve -- Stewart Title
Chea Steve -- Stewart Title
Federal National Mortgage Association $459,200 None Available
Park Hyun Ayu $494,950 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chea Steve $240,000
Previous Owner Park Hyun Ayu $48,000
Previous Owner Park Hyun Ayu $395,910
Previous Owner Sound Built Homes Inc $4,258,400
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 $6,916 $690,000 $259,000 $431,000
2023 $6,646 $625,000 $234,000 $391,000
2022 $6,152 $679,000 $213,000 $466,000
2021 $5,995 $545,000 $170,000 $375,000
2020 $5,698 $499,000 $140,000 $359,000
2018 $5,666 $458,000 $112,000 $346,000
2017 $5,535 $399,000 $102,000 $297,000
2016 $5,367 $390,000 $93,000 $297,000
2015 $4,982 $362,000 $89,000 $273,000
2014 -- $344,000 $89,000 $255,000
2013 -- $291,000 $89,000 $202,000
Source: Public Records

Map

Washington King County Federal Way 98023 Twin Lakes

2718 SW 311th St, Federal Way, WA

Homes for Sale in Federal Way, WA

This home is located at 2718 SW 311th St, Federal Way, WA 98023 and is currently estimated at $855,774, approximately $264 per square foot. 2718 SW 311th St is a home located in King County with nearby schools including Twin Lakes Elementary School, Lakota Middle School, and Decatur 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.

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