$625,000
SOLD JUN 16, 2021
5 Beds
1 Bath
3,060 Sq Ft
0.33 Acres

Recently Sold

$204 Per Sq Ft

9% Above List Price

2 Days on Market

Highlights

  • Greenhouse
  • Deck
  • 2 Fireplaces
  • RV Access or Parking
  • Territorial View
  • Attached Garage

About This Home

As of February 2022

Available for the first time in over 2 decades, this well cared for home is ready to change hands! With an unbeatable location, this rambler with basement sports over 3,000 sqft, a fully remodeled kitchen with vaulted ceilings, newer windows and a breathtaking park like backyard! This home is sure to please with a timeless layout that could even be split into 2 separate living spaces. Upstairs lives like a 3 bedroom rambler with space galore while downstairs has a separate entrance and is currently set up with a perfectly retro wet bar overlooking the fireplace and living room. This home offers more storage than you will know what to do with! Backyard is a gardeners dream but also has plenty of yard space for all the activities! Hurry!

Last Agent to Sell the Property

Chris Ranch

Keller Williams Realty PS License #884981 Listed on: 05/13/2021

Keller Williams Realty PS

Last Buyer's Agent

Matt Parker

Keller Williams Realty PS License #83042

Keller Williams Realty PS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1771568

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,903

Year Built

  • Built in 1973

Lot Details

  • Partially Fenced Property
  • Sloped Lot
  • Garden

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 1 Bathroom
  • 2 Fireplaces
  • Territorial Views
  • Oven or Range
  • Finished Basement

Flooring

  • Wall to Wall Carpet
  • Laminate

Parking

  • Attached Garage
  • RV Access or Parking

Outdoor Features

  • Deck
  • Patio
  • Greenhouse
  • Gazebo

Community Details

  • Federal Way Community
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 1503200060

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,903

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 16 - 1 Story W/Bsmnt.
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Dining Room
  • Floor Covering: Laminate Hardwood, Wall To Wall Carpet
  • Appliances That Stay: Range/Oven
  • Bedrooms: 5.00
  • Main Floor Bedrooms: 3
  • Lower Level Bedroom: 2
  • Bathrooms: 2.75
  • Bathrooms Main: Lower
  • Total Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Master Bedroom: Main
  • Fireplaces: 2
  • Fireplaces Main: 1
  • Fireplaces Lower: 1
  • Basement: Fully Finished
  • Dining Room: Main
  • Family Room: Lower
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 3060
  • Square Footage Finished: 3060

Exterior Features

  • Exterior: Wood Products
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Territorial

Garage/Parking

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

Utilities

  • Heating And Cooling: Forced Air
  • Power Company: Puget Sound Energy
  • Sewer: Sewer Connected
  • Sewer Company: Lakehaven Water & Sewer District
  • Water Company: Lakehaven Water & Sewer District
  • Water Heater: Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Federal Way
  • Community Features: CCRs

Schools

  • Elementary School: Twin Lakes Elem
  • Middle School: Lakota Mid Sch
  • High School: Decatur High
  • School District: FED

Lot Info

  • Lot Details: Curbs, Paved Street
  • Lot Sq Ft: 14348
  • Lot Topography Vegetation: Garden Space, Partial Slope
  • Parcel Number: 1503200060
  • Lot Topography: Garden Space, Partial Slope

Tax Info

  • Tax Amount: 5266

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2021
Closed on
Jun 16, 2021
Sold by
Franzen Deanna and Franzen Dennis C
Bought by
Director Street Holdings Llc
Seller's Agent
Chris Ranch
Keller Williams Realty PS
Buyer's Agent
Matt Parker
Keller Williams Realty PS
List Price
$575,000
Sold Price
$625,000
Premium/Discount to List
$50,000
8.7%
Current Estimated Value
$824,492

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,492
Avg. Annual Appreciation
7.01%

Purchase Details

Closed on
Sep 1, 1993
Sold by
Madsen Richard A and Madsen Margaret Ann
Bought by
Franzen Dennis C and Franzen Deanna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.98%

Purchase Details

Closed on
Mar 9, 1990
Sold by
Madsen Richard A and Madsen Margaret A
Bought by
Franzen Dennis and Franzen Deanna
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $625,000 None Available
Warranty Deed -- Chicago Title Insurance Comp
Deed $110,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $221,000 New Conventional
Previous Owner $40,000 Credit Line Revolving
Previous Owner $200,000 Unknown
Previous Owner $60,000 Credit Line Revolving
Previous Owner $40,000 Credit Line Revolving
Previous Owner $100,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/02/2022 02/02/22 Sold $800,000 +0.6% $261 / Sq Ft
01/04/2022 01/04/22 Pending -- -- --
11/29/2021 11/29/21 For Sale $794,950 +27.2% $260 / Sq Ft
06/16/2021 06/16/21 Sold $625,000 +8.7% $204 / Sq Ft
05/15/2021 05/15/21 Pending -- -- --
05/13/2021 05/13/21 For Sale $575,000 -- $188 / 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 $6,903 $689,000 $216,000 $473,000
2023 $6,807 $624,000 $195,000 $429,000
2022 $5,866 $678,000 $178,000 $500,000
2021 $5,538 $519,000 $142,000 $377,000
2020 $5,266 $460,000 $117,000 $343,000
2018 $5,248 $423,000 $94,000 $329,000
2017 $4,755 $369,000 $86,000 $283,000
2016 $4,611 $334,000 $79,000 $255,000
2015 $4,272 $310,000 $76,000 $234,000
2014 -- $294,000 $76,000 $218,000
2013 -- $195,000 $73,000 $122,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1771568

Northwest Multiple Listing Service (NWMLS)

APN: 150320-0060