Listed by Coldwell Banker Bain, Bought with Best Choice Realty LLC
NOT LISTED FOR SALE

2860 S 354th Ln Federal Way, WA 98003

Estimated Value: $807,000 - $1,299,000

4 Beds
5 Baths
2,509 Sq Ft
$402/Sq Ft Est. Value

Last Sold June 11, 2014

Last sale price $590,000 $235 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $6,187/month

6 Days on Market

About This Home

As of June 2014

Lakeside 4 bdrm/5 ba home-80'waterfront-Bulkhead-Dock-Quiet & peaceful setting, yet min from Wold Vision, Weyerhauser, 18 & I-5 -Meticulously maintained-1997 extensive remodel-Kitchen updated-Formal dining area-Fireplace-Skylights-Each Bdrm has private bath-Huge master suite wt walk in closet-Waterproof wrap on deck gives dry storage underneath-Dog run-Generator wired-Appliances stay-Space for RV Parking-2 car attached garage-1 car detached garage wt shop-View of Lake from all rooms except 1

Last Agent to Sell the Property

Karen Smith

Coldwell Banker Bain License #34311 Listed on: 04/29/2014

Coldwell Banker Bain

Last Buyer's Agent

Sheryl McLaren

Best Choice Realty LLC License #112997

Best Choice Realty LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM615587

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

Other

Est. Annual Taxes

$10,006

Year Built

1939

Lot Details

0

Listing Details

  • Condition: Very Good
  • Sq Ft Finished: 2509
  • Form 17: Provided
  • Special Features: None
  • Year Built: 1939

Interior Features

  • Appliances: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplaces: 1
  • Features: Wired for Generator, Bath Off Master, Ceiling Fan(s), Double Pane/Storm Window, Dining Room, French Doors, Skylights, Vaulted Ceilings, Walk-in Closet
  • Fireplaces: 1
  • Floor: Ceramic Tile, Hardwood, Laminate, Wall to Wall Carpet
  • Water Heater Location: Attached Garage-Gas

Exterior Features

  • Roof: Composition
  • Exterior: Wood, Wood Products
  • Foundation: Poured Concrete
  • Lot Details: Dead End Street, Secluded
  • Roof: Composition
  • Site Features: Cable TV, Deck, Dock, Dog Run, Partial Fence, Natural Gas Available, Outbuildings, Patio, RV Parking, Shop
  • View: Lake
  • Waterfront: Low Bank, Bulkhead, Lake
  • Waterfront Frontage: 80Ft
  • Lot Topography: Garden Space, Level, Wooded

Garage/Parking

  • Parking Type: Garage-Attached, Garage-Detached, Off Street
  • Total Covered Spaces: 3

Utilities

  • Cooling: Forced Air, Insert, 90%+ High Efficiency
  • Heating: Forced Air, Insert, 90%+ High Efficiency
  • Appliances: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Heating and Cooling: Forced Air, Insert, 90%+ High Efficiency
  • Power Company: PSE
  • Sewer: Connected
  • Sewer Company: PSE
  • Water Company: Lakehaven
  • Water Source: Public

Schools

  • School District: FED
  • Elementary School: Lakeland Elem
  • Middle School: Sequoyah Mid Sch
  • High School: Todd Beamer High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2014
Closed on
Jun 3, 2014
Sold by
Morris Paul B and Morris Frances L
Bought by
Hsieh Ching Tang and Tseng Wen Ling
Seller's Agent
Karen Smith
Coldwell Banker Bain
Buyer's Agent
Sheryl McLaren
Best Choice Realty LLC
List Price
$550,000
Sold Price
$590,000
Premium/Discount to List
$40,000
7.27%
Current Estimated Value
$1,009,808

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$419,808
Avg. Annual Appreciation
4.85%

Purchase Details

Closed on
Sep 24, 1999
Sold by
Morris Paul B and Morris Frances L
Bought by
Morris Paul B and Morris Frances L

Purchase Details

Closed on
Jan 13, 1997
Sold by
Irwin Michael B and Irwin Linda L
Bought by
Morris Paul B and Morris Frances L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
7.46%
Source: Public Records

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
Hsieh Ching Tang $590,000 Rainier Title
Morris Paul B -- --
Morris Paul B $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morris Paul B $171,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/11/2014 06/11/14 Sold $590,000 +7.3% $235 / Sq Ft
05/06/2014 05/06/14 Pending -- -- --
04/29/2014 04/29/14 For Sale $550,000 -- $219 / 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 $10,006 $953,000 $271,000 $682,000
2023 $9,906 $881,000 $227,000 $654,000
2022 $9,326 $950,000 $243,000 $707,000
2021 $8,461 $767,000 $197,000 $570,000
2020 $9,014 $646,000 $175,000 $471,000
2018 $9,838 $657,000 $175,000 $482,000
2017 $8,513 $642,000 $158,000 $484,000
2016 $8,633 $549,000 $158,000 $391,000
2015 $7,905 $541,000 $158,000 $383,000
2014 -- $508,000 $158,000 $350,000
2013 -- $419,000 $151,000 $268,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM615587

Northwest Multiple Listing Service (NWMLS)

APN: 282104-9048