2718 SW 311th St Federal Way, WA 98023
Twin Lakes NeighborhoodEstimated Value: $776,786 - $922,000
4
Beds
3
Baths
3,240
Sq Ft
$262/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 $848,447, approximately $261 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
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
$164,627
Interest Rate
3.84%
Mortgage Type
New Conventional
Estimated Equity
$683,820
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
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Home Values in the Area
Average Home Value in this Area
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 |
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 | $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
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