NOT LISTED FOR SALE

2820 SW 342nd St Federal Way, WA 98023

Twin Lakes Neighborhood

Estimated Value: $641,000 - $682,000

4 Beds
3 Baths
1,950 Sq Ft
$338/Sq Ft Est. Value

Last Sold December 01, 2014

Last sale price $220,000 $113 Per Sq Ft

Est. 199% increase in value since last sale

Current estimated payment $4,210/month

316 Days on Market

About This Home

As of December 2014

Four bedroom home in Grouse Point. Formal living w/fp and dining Rms, Kitchen with eating space, Family room off Kitchen w/fp, utility room and half bath complete 1st floor. A portion of the garage has been converted to spare room (easley concerted back to full 2 car garage). Large fenced rear yard with large deck.

Last Listed By

John Troupe

Emerald Properties License #8705 Listed on: 10/28/2013

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM560231

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

Other

Est. Annual Taxes

$6,284

Year Built

1979

Lot Details

0

Listing Details

  • Condition: Good
  • Sq Ft Finished: 1950
  • Form 17: Provided
  • Special Features: 12
  • Year Built: 1979

Interior Features

  • Appliances: Dishwasher, Garbage Disposal, Range/Oven
  • Fireplaces: 2
  • Features: Bath Off Master, Double Pane/Storm Window, Dining Room
  • Fireplaces: 2
  • Floor: Ceramic Tile, Hardwood, Vinyl, Wall to Wall Carpet
  • Water Heater Location: Gaeage-Gas

Exterior Features

  • Roof: Composition
  • Exterior: Wood Products
  • Foundation: Poured Concrete
  • Lot Details: Cul-de-sac, Curbs, Paved Street
  • Roof: Composition
  • Site Features: Cable TV, Deck, Partial Fence, Natural Gas Available, High Speed Internet, Outbuildings
  • Lot Topography: Garden Space, Level, Terraces

Garage/Parking

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

Utilities

  • Cooling: Forced Air
  • Heating: Forced Air
  • Appliances: Dishwasher, Garbage Disposal, Range/Oven
  • Heating and Cooling: Forced Air
  • Power Company: PSE
  • Sewer: Connected
  • Sewer Company: Lakehaven
  • Water Company: Lakehaven
  • Water Source: Public

Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2013
Closed on
Nov 11, 2014
Sold by
Kragness Kenneth B and Kragness Heidi R
Bought by
Ward Taylor L
Seller's Agent
John Troupe
Emerald Properties
Buyer's Agent
Garth Ward
eXp Realty
List Price
$235,000
Sold Price
$220,000
Premium/Discount to List
-$15,000
-6.38%
Total Days on Market
316
Current Estimated Value
$658,566

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$438,566
Avg. Annual Appreciation
10.68%
Original Mortgage
$198,000
Outstanding Balance
$154,393
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$484,055

Purchase Details

Closed on
Dec 26, 1991
Sold by
Patrick Donald A and Patrick Luci E
Bought by
Kragness Kenneth B and Kragness Heidi R

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
Ward Taylor L $220,000 Fidelity Natio
Kragness Kenneth B $137,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ward Taylor L $198,000
Previous Owner Kragness Kenneth B $342,000
Previous Owner Kragness Kenneth B $253,000
Previous Owner Kragness Kenneth B $40,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2014 12/01/14 Sold $220,000 -2.2% $113 / Sq Ft
09/10/2014 09/10/14 Pending -- -- --
08/28/2014 08/28/14 Price Changed $225,000 -4.3% $115 / Sq Ft
07/30/2014 07/30/14 Price Changed $235,000 0.0% $121 / Sq Ft
07/30/2014 07/30/14 For Sale $235,000 +6.8% $121 / Sq Ft
04/19/2014 04/19/14 Pending -- -- --
04/16/2014 04/16/14 For Sale $220,000 0.0% $113 / Sq Ft
02/06/2014 02/06/14 Pending -- -- --
02/03/2014 02/03/14 For Sale $220,000 0.0% $113 / Sq Ft
01/28/2014 01/28/14 Pending -- -- --
01/14/2014 01/14/14 Price Changed $220,000 -6.4% $113 / Sq Ft
11/14/2013 11/14/13 Price Changed $235,000 -4.1% $121 / Sq Ft
10/28/2013 10/28/13 For Sale $245,000 -- $126 / 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 $6,284 $633,000 $190,000 $443,000
2023 $6,104 $573,000 $172,000 $401,000
2022 $5,647 $622,000 $157,000 $465,000
2021 $4,520 $499,000 $125,000 $374,000
2020 $4,287 $373,000 $103,000 $270,000
2018 $4,091 $343,000 $82,000 $261,000
2017 $4,197 $286,000 $75,000 $211,000
2016 $4,072 $294,000 $69,000 $225,000
2015 $3,775 $273,000 $66,000 $207,000
2014 -- $259,000 $66,000 $193,000
2013 -- $203,000 $89,000 $114,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2014

    John Troupe

    Emerald Properties

    1 in this area

    28 Total Sales

    John Troupe
    Section Image
  • Garth Ward

    Buyer's Agent in 2014

    Garth Ward

    eXp Realty

    (253) 737-8018

    3 in this area

    72 Total Sales

    Garth Ward
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM560231

Northwest Multiple Listing Service (NWMLS)

APN: 010921-0280

Washington King County Federal Way 98023 Twin Lakes

2820 SW 342nd St, Federal Way, WA

Homes for Sale in Federal Way, WA

This home is located at 2820 SW 342nd St, Federal Way, WA 98023 since 28 October 2013 and is currently estimated at $658,566, approximately $337 per square foot. This property was built in 1979. 2820 SW 342nd St is a home located in King County with nearby schools including Green Gables Elementary School, Saghalie 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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