NOT LISTED FOR SALE

2742 SW 312th Place Federal Way, WA 98023

Twin Lakes Neighborhood

Estimated Value: $632,000 - $747,000

5 Beds
2 Baths
3,088 Sq Ft
$228/Sq Ft Est. Value

Last Sold July 14, 2017

Last sale price $378,500 $123 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $4,474/month

4 Days on Market

Highlights

  • Views of a Sound
  • 2 Fireplaces
  • Garden
  • Deck
  • Attached Garage
  • Level Lot

About This Home

As of July 2017

Are you looking for a great home to make your own? 3400 sq ft Daylight rambler w/room for everyone! Peekaboo views of the Sound! 5 total bedrooms w/ Master + 2 others on main floor along w/ full guest bath. Large bonus rm in bsmt w/ 2 more bedrms & huge unfinished storage room! Spacious lot w/ Greenspace behind.Minutes from I5 & shopping! All windows updated to vinyl, newer furnace & H2O tank, metal roof w/ trans. warranty. The big stuff is done! This one is ready for you to add your own touch.

Last Listed By

Denise Christofferson

Keller Williams Realty PS License #26884 Listed on: 06/01/2017

Keller Williams Realty PS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1133994

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,523

Year Built

  • Built in 1963

Lot Details

  • Level Lot
  • Garden

Parking

  • Attached Garage

Home Design

  • Poured Concrete
  • Metal Roof
  • Wood Siding
  • Stone

Interior Spaces

  • 2 Bathrooms
  • 2 Fireplaces
  • Views of a Sound
  • Natural lighting in basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Vinyl

Laundry

  • Dryer
  • Washer

Additional Features

  • Deck
  • Cable TV Available

Community Details

  • Dash Point Community

Listing and Financial Details

  • Assessor Parcel Number 1503200110

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,523

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 16 - 1 Story W/Bsmnt.
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Dbl Pane/Storm Windw
  • Floor Covering: Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Trash Compactor, Washer
  • Bedrooms: 5.00
  • Main Floor Bedrooms: 3
  • Lower Level Bedroom: 2
  • Bathrooms: 2.50
  • Bathrooms Main: Lower
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 2
  • Main Level Full Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Three Quarter Bathrooms Lower: 1
  • Master Bedroom: Main
  • Fireplaces: 2
  • Fireplaces Main: 1
  • Fireplaces Lower: 1
  • Basement: Daylight
  • Den or Office: Lower
  • Dining Room: Main
  • Living Room: Main
  • Recreation Room: Lower
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 3088
  • Square Footage Finished: 3088
  • Square Footage Unfinished: 392

Exterior Features

  • Exterior: Stone, Wood
  • Foundation: Poured Concrete
  • Roof: Metal
  • View: Sound

Garage/Parking

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

Utilities

  • Heating And Cooling: Forced Air
  • Power Company: PSE (gas & electric)
  • Sewer: Sewer Connected
  • Sewer Company: Lakehaven
  • Water Company: Lakehaven
  • Water Heater: basement-gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Dash Point

Schools

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

Lot Info

  • Lot Details: Paved Street, Sidewalk
  • Lot Sq Ft: 11769
  • Lot Topography Vegetation: Garden Space, Level, Partial Slope
  • Parcel Number: 1503200110
  • Lot Topography: Garden Space, Level, Partial Slope

Tax Info

  • Tax Amount: 4615

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2017
Closed on
Jul 10, 2017
Sold by
Payne Steven L and Payne Rhea A
Bought by
Ling Xiongyi and Yu Xin
Seller's Agent
Denise Christofferson
Keller Williams Realty PS
Buyer's Agent
Bo Yuan
eLink Realty
List Price
$324,900
Sold Price
$378,500
Premium/Discount to List
$53,600
16.5%
Total Days on Market
4
Current Estimated Value
$705,466

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$326,966
Avg. Annual Appreciation
8.25%

Purchase Details

Closed on
Jul 1, 1998
Sold by
Holt Bryant L and Holt Sandra L
Bought by
Payne Steven L and Payne Rhea A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
7%

Purchase Details

Closed on
Apr 10, 1992
Sold by
Holt Bryant L and Holt Sandra L
Bought by
Dunn Garry M and Dunn Marian K

Range of Values:

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Average Value
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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
Ling Xiongyi $378,500 Wfg National
Payne Steven L $225,000 Pacific Northwest Title
Dunn Garry M $162,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Payne Steven L $253,950
Previous Owner Payne Steven L $260,000
Previous Owner Payne Steven L $260,000
Previous Owner Payne Steven L $69,800
Previous Owner Payne Steven L $195,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2017 07/14/17 Sold $378,500 +16.5% $123 / Sq Ft
06/06/2017 06/06/17 Pending -- -- --
06/01/2017 06/01/17 For Sale $324,900 -- $105 / 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 $6,523 $644,000 $216,000 $428,000
2023 $6,373 $583,000 $195,000 $388,000
2022 $5,746 $633,000 $178,000 $455,000
2021 $5,386 $508,000 $142,000 $366,000
2020 $5,115 $447,000 $117,000 $330,000
2018 $5,094 $411,000 $94,000 $317,000
2017 $4,615 $358,000 $86,000 $272,000
2016 $4,480 $324,000 $79,000 $245,000
2015 $4,159 $301,000 $76,000 $225,000
2014 -- $286,000 $76,000 $210,000
2013 -- $215,000 $73,000 $142,000
Source: Public Records

Agents Affiliated with this Home

  • Denise Christofferson

    Seller's Agent in 2017

    Denise Christofferson

    Keller Williams Realty PS

    (253) 208-4492

    3 in this area

    194 Total Sales

    Denise Christofferson
    Section Image
  • Bo Yuan

    Buyer's Agent in 2017

    Bo Yuan

    eLink Realty

    (206) 235-2898

    4 in this area

    24 Total Sales

    Bo Yuan
    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1133994

Northwest Multiple Listing Service (NWMLS)

APN: 150320-0110

Washington King County Federal Way 98023 Twin Lakes

2742 SW 312th Place, Federal Way, WA

Homes for Sale in Federal Way, WA

This home is located at 2742 SW 312th Place, Federal Way, WA 98023 since 01 June 2017 and is currently estimated at $705,466, approximately $228 per square foot. This property was built in 1963. 2742 SW 312th Place 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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