NOT LISTED FOR SALE

2737 SW 315th St Federal Way, WA 98023

Twin Lakes Neighborhood

Estimated Value: $681,000 - $759,856

4 Beds
1 Bath
2,380 Sq Ft
$306/Sq Ft Est. Value

Last Sold May 28, 2021

Last sale price $675,000 $284 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,611/month

7 Days on Market

Highlights

  • Fruit Trees
  • Wood Flooring
  • Attached Garage
  • Traditional Architecture
  • 1 Fireplace
  • Patio

About This Home

As of May 2021

Beautiful Tri level home backs green belt connected to Decatur HS. This 4 bedroom, 3 bath home has many upgrades including a brand new upper hall main bath, gorgeous refinished hardwoods and paint inside and out. There is plenty of room with large rooms including the living and family room, dining room, and updated kitchen with eating bar, and bay window seat. Upstairs find three bedrooms, and primary bedroom with 3/4 bath and two closets. A big bonus here is a three car garage with plenty of workshop space and wood stove. Wonderful lot with mature plantings and privacy from green space behind the home. Private and serene.

Last Listed By

Claudia Swanson

Better Properties N. Proctor License #23994 Listed on: 04/28/2021

Better Properties N. Proctor

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1764011

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,681

Year Built

  • Built in 1965

Lot Details

  • Partially Fenced Property
  • Level Lot
  • Fruit Trees
  • Garden

Parking

  • Attached Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Shake Roof
  • Wood Siding

Interior Spaces

  • 1 Bathroom
  • 1 Fireplace

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Outbuilding

Utilities

  • Cable TV Available

Community Details

  • Twin Lakes Community

Listing and Financial Details

  • Assessor Parcel Number 1503300050

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,681

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 13 - Tri-Level
  • Architecture: Traditional
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Dbl Pane/Storm Windw, Dining Room, Security System, Skylights, Walk-In Closet
  • Floor Covering: Ceramic Tile, Hardwood, Laminate Tile, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 4.00
  • Bathrooms: 2.25
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 1
  • Fireplaces Lower: 1
  • Dining Room: Main
  • Family Room: Lower
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 2380
  • Square Footage Finished: 2380

Exterior Features

  • Exterior: Brick, Wood
  • Foundation: Poured Concrete
  • Roof: Cedar Shake

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 3

Utilities

  • Heating And Cooling: High Efficiency (Unspecified)
  • Sewer: Sewer Connected
  • Water Heater: Hallway next to kitchen-Electric
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Twin Lakes
  • Project: Century Palisades Div 03

Schools

  • Elementary School: Buyer To Verify
  • Middle School: Buyer To Verify
  • High School: Buyer To Verify
  • School District: FED

Lot Info

  • Lot Details: Curbs, Paved Street, Sidewalk, O
  • Lot Dimensions: 119 x 109
  • Lot Sq Ft: 13200
  • Lot Topography Vegetation: Fruit Trees, Garden Space, Level
  • Parcel Number: 1503300050
  • Lot Topography: Fruit Trees, Garden Space, Level

Tax Info

  • Tax Amount: 5057

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2021
Closed on
May 26, 2021
Sold by
Davis Lisa M and Revocable Trust Agmt Of Marie
Bought by
Smith Michael R and Smith Stephanie Lynn
Seller's Agent
Claudia Swanson
Better Properties N. Proctor
Buyer's Agent
Trey Danna
COMPASS
List Price
$574,950
Sold Price
$675,000
Premium/Discount to List
$100,050
17.4%
Total Days on Market
7
Current Estimated Value
$727,714

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,714
Avg. Annual Appreciation
1.77%
Original Mortgage
$631,250
Outstanding Balance
$580,933
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$142,833

Purchase Details

Closed on
Apr 21, 2016
Sold by
Ross Marie Luise
Bought by
Ross Marie Luise

Range of Values:

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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
Smith Michael R $675,000 Cw Title
Ross Marie Luise -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Michael R $631,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2021 05/28/21 Sold $675,000 +17.4% $284 / Sq Ft
05/05/2021 05/05/21 Pending -- -- --
04/28/2021 04/28/21 For Sale $574,950 -- $242 / 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 $6,681 $669,000 $216,000 $453,000
2023 $6,447 $606,000 $195,000 $411,000
2022 $5,965 $658,000 $178,000 $480,000
2021 $5,328 $528,000 $142,000 $386,000
2020 $5,057 $442,000 $117,000 $325,000
2018 $5,039 $406,000 $94,000 $312,000
2017 $4,560 $354,000 $86,000 $268,000
2016 $4,422 $320,000 $79,000 $241,000
2015 $4,102 $297,000 $76,000 $221,000
2014 -- $282,000 $76,000 $206,000
2013 -- $205,000 $73,000 $132,000
Source: Public Records

Agents Affiliated with this Home

  • Claudia Swanson

    Seller's Agent in 2021

    Claudia Swanson

    Better Properties N. Proctor

    (253) 226-0858

    1 in this area

    44 Total Sales

    Claudia Swanson
    Section Image
  • Trey Danna

    Buyer's Agent in 2021

    Trey Danna

    COMPASS

    (425) 652-7055

    1 in this area

    83 Total Sales

    Trey Danna
    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1764011

Northwest Multiple Listing Service (NWMLS)

APN: 150330-0050

Washington King County Federal Way 98023 Twin Lakes

2737 SW 315th St, Federal Way, WA

Homes for Sale in Federal Way, WA

This home is located at 2737 SW 315th St, Federal Way, WA 98023 since 28 April 2021 and is currently estimated at $727,714, approximately $305 per square foot. This property was built in 1965. 2737 SW 315th 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.

Northwest Multiple Listing Service (NWMLS) Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. ©2025 NWMLS.

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