Seller's Agent in 2024
Megan Blum
COMPASS
(360) 509-6015
2 in this area
187 Total Sales
Listed by COMPASS, Bought with Tribeca NW Real Estate
28400 16th Ave S Federal Way, WA 98003
Redondo-Federal Way NeighborhoodEstimated Value: $805,000 - $876,000
2
Beds
5
Baths
3,532
Sq Ft
$237/Sq Ft
Est. Value
Highlights
- Views of a Sound
- Corner Lot
- Forced Air Heating and Cooling System
- Deck
- No HOA
- Stone Flooring
About This Home
As of December 2024This is a must see home! A large home, a DADU, & tons of potential for rental income! This 4 bed + studio boasts nearly 3,000 sq. ft. in the main home & nearly 600 sq. ft. in the detached apartment. Top floor of the main house consists of 2 beds & 2 baths w/ a large slider, skylights, covered deck, wood fireplace, & open concept living. Downstairs has its own kitchen, 2 large beds, 2 baths, newer washer/dryer & separate access. The detached apartment sits above the large 2-car garage & comes w/ 1 bath, a skylight that opens, & nice deck with loads of light. Brand new carpet throughout & interior paint. Live in this home full time with more than enough space or rent it out w/ 3 easy to rent spaces! The potential here is endless!
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2291552
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $577
Year Built
- Built in 1985
Lot Details
- 0.32 Acre Lot
- Corner Lot
- Property is in good condition
Property Views
- Views of a Sound
- Territorial
- Limited
Home Design
- Duplex
- Slab Foundation
- Composition Roof
- Wood Siding
Interior Spaces
- 3,532 Sq Ft Home
- 2-Story Property
Flooring
- Wall to Wall Carpet
- Laminate
- Stone
Bedrooms and Bathrooms
- 2 Bedrooms
- 5 Bathrooms
Parking
- 5 Parking Spaces
- 2 Covered Spaces
- Open Parking
Outdoor Features
- Deck
Schools
- Woodmont Elementary School
- Sacajawea Jnr High Middle School
- Federal Way Snr High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Mounted To A Wall or Window
- High Speed Internet
Community Details
- No Home Owners Association
- Redondo Subdivision
Listing and Financial Details
- Assessor Parcel Number 3322049198
Matterport 3D Tour
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 18, 2024
Closed on
Dec 2, 2024
Sold by
Bingham Levi J and Jerger Abigail Rose
Bought by
Salvatierra Martin
Seller's Agent
Megan Blum
COMPASS
Buyer's Agent
Jerome Walters
Tribeca NW Real Estate
List Price
$810,000
Sold Price
$790,000
Premium/Discount to List
-$20,000
-2.47%
Views
49
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,910
Avg. Annual Appreciation
5.94%
Original Mortgage
$790,000
Outstanding Balance
$783,481
Interest Rate
6.54%
Mortgage Type
VA
Estimated Equity
$53,429
Purchase Details
Closed on
Jun 7, 2021
Sold by
Aase Micheal J and Aase Suan C
Bought by
Bingham Levi J and Jerger Abigail Rose
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$647,100
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 9, 2004
Sold by
Cox Christopher R
Bought by
Aase Micheal J and Aase Suan C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,800
Interest Rate
5.62%
Purchase Details
Closed on
Jun 15, 2004
Sold by
Dahmer Glenn E
Bought by
Cox Christopher R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,200
Interest Rate
6.9%
Purchase Details
Closed on
Feb 24, 2004
Sold by
Hawley Bell Colleen and Hawley Colleen
Bought by
Dahmer Glenn E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,850
Interest Rate
4%
Purchase Details
Closed on
Aug 28, 1985
Sold by
Pender Leava
Bought by
Bell Gary W
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Salvatierra Martin | $790,000 | Wfg National Title | |
| Salvatierra Martin | $790,000 | Wfg National Title | |
| Bingham Levi J | $719,000 | Chicago Title Company Of Wa | |
| Aase Micheal J | $366,000 | Ticor National | |
| Cox Christopher R | $304,000 | Ticor National | |
| Dahmer Glenn E | $263,000 | First American | |
| Bell Gary W | $30,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Salvatierra Martin | $790,000 | |
| Closed | Salvatierra Martin | $790,000 | |
| Previous Owner | Bingham Levi J | $647,100 | |
| Previous Owner | Aase Micheal J | $292,800 | |
| Previous Owner | Cox Christopher R | $243,200 | |
| Previous Owner | Dahmer Glenn E | $249,850 | |
| Closed | Cox Christopher R | $60,800 | |
| Closed | Aase Micheal J | $36,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/04/2024 12/04/24 | Sold | $790,000 | 0.0% | $224 / Sq Ft | |
| 12/04/2024 12/04/24 | Sold | $790,000 | -2.5% | $224 / Sq Ft | View Prior Sale |
| 10/31/2024 10/31/24 | Pending | -- | -- | -- | |
| 10/31/2024 10/31/24 | Pending | -- | -- | -- | |
| 09/18/2024 09/18/24 | For Sale | $810,000 | 0.0% | $229 / Sq Ft | |
| 09/18/2024 09/18/24 | For Sale | $810,000 | -- | $229 / Sq Ft |
Source: Northwest Multiple Listing Service (NWMLS)
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 | $6,946 | $702,000 | $195,000 | $507,000 |
| 2023 | $6,924 | $635,000 | $177,000 | $458,000 |
| 2022 | $6,130 | $685,000 | $181,000 | $504,000 |
| 2021 | $5,573 | $543,000 | $165,000 | $378,000 |
| 2020 | $5,325 | $463,000 | $152,000 | $311,000 |
| 2018 | $6,446 | $525,000 | $98,000 | $427,000 |
| 2017 | $5,786 | $455,000 | $92,000 | $363,000 |
| 2016 | $5,426 | $408,000 | $92,000 | $316,000 |
| 2015 | $4,954 | $366,000 | $86,000 | $280,000 |
| 2014 | -- | $342,000 | $81,000 | $261,000 |
| 2013 | -- | $286,000 | $78,000 | $208,000 |
Source: Public Records
Agents Affiliated with this Home
-
Megan Blum
-
Jerome Walters
Buyer's Agent in 2024
Jerome Walters
Tribeca NW Real Estate
(206) 618-6930
5 in this area
160 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2291552
APN: 332204-9198
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.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. 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. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID
Nearby Homes
- 28418 16th Ave S Unit 101
- 28311 18th Ave S Unit A202
- 28311 18th Ave S Unit A304
- 28606 16th Ave S Unit 102
- 28610 16th Ave S Unit 103
- 1411 S 282nd Place
- 1840 S 284th Ln Unit H-204
- 1835 S 286th Ln Unit R-201
- 28601 13th Ave S
- 28716 18th Ave S Unit Y203
- 28821 18th Ave S
- 1361 S 279th St
- 27905 Pacific Hwy S
- 1110 S 287th St
- 28313 Redondo Way S Unit 304
- 28313 Redondo Way S Unit 102
- 28529 10th Ave S
- 28120 Redondo Beach Dr S Unit 206
- 28422 Military Rd S
- 29318 9th Place S
- 28418 16th Ave S
- 28418 16th Ave S Unit 205
- 28418 16th Ave S Unit 104
- 28418 16th Ave S Unit 304
- 28418 16th Ave S Unit 103
- 28418 16th Ave S Unit 102
- 28418 16th Ave S Unit 306
- 28418 16th Ave S Unit 202
- 28418 16th Ave S Unit 206
- 28418 16th Ave S Unit 203
- 28418 16th Ave S Unit 201
- 28418 16th Ave S Unit 204
- 28418 16th Ave S Unit 305
- 28418 16th Ave S Unit 106
- 28418 16th Ave S Unit 301
- 28418 16th Ave S Unit 105
- 28418 16th Ave S Unit 303
- 289 15th Place S
- 28422 16th Ave S Unit 4a
- 28422 16th Ave S