NOT LISTED FOR SALE

28602 16th Ave S Unit 201 Federal Way, WA 98003

Redondo-Federal Way Neighborhood

Estimated Value: $221,000 - $236,000

1 Bed
1 Bath
615 Sq Ft
1.42 Acres

Last Sold March 19, 2021

Last sale price $200,000 $325 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,420/month

Highlights

  • Views of a Sound
  • 1 Fireplace
  • Ceramic Tile Flooring

About This Home

As of March 2021

Great one bedroom condo with spectacular views of Puget Sound. Well-maintained and move-in ready. Spacious bedroom with large closet, open living room with wood fireplace and all appliances included. Assigned covered parking; HOA includes water, sewer, garbage & grounds maintenance. Easy freeway, Light rail and bus access. No rental cap/no special assessments. Don’t miss this one!

Last Agent to Sell the Property

Dan Yoo

TS Property Management License #83287 Listed on: 02/11/2021

Last Buyer's Agent

Isaac Rivelle

SPIRE ONE Realty License #114555

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1724394

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,558

Year Built

  • Built in 1990

Lot Details

  • 1.42

Parking

  • Carport

Property Views

  • Views of a Sound
  • Mountain Views

Home Design

  • Composition Roof
  • Cement Board or Planked
  • Stucco
  • Wood Composite

Interior Spaces

  • 4-Story Property
  • 1 Fireplace

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Ceramic Tile
  • Vinyl

Laundry

  • Dryer
  • Washer

Listing and Financial Details

  • Assessor Parcel Number 7205810370

Community Details

Overview

  • 16 Units
  • Redondo Community

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,558

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 30 - Condo (1 Level)
  • Entrance Level: Main
  • Unit Floor Number: 2
  • Year Built: 1990
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Ceramic Tile, Vinyl
  • Remodeled: Y
  • Remodeled Updated: Y
  • Appliance Hookups: Cooking-Electric, Dryer-Electric, Washer
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Bedrooms: 1.00
  • Main Floor Bedrooms: 1
  • Bathrooms: 1.00
  • Total Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Dining Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Storage: Balcony
  • Estimated Sq Ft: 615

Exterior Features

  • Exterior: Cement Planked, Stucco, Wood Products
  • Roof: Composition
  • View: Mountain, Sound

Garage/Parking

  • Numberof Assigned Spaces: 1
  • Parking Type: Carport
  • Parking Space Number: 48

Utilities

  • Heating And Cooling: Baseboard, Wall

Condo/Co-op/Association

  • Numberof Units in Building: 16
  • Numberof Units In Complex: 48
  • HOA Fees: 338
  • Community Name: Redondo
  • Project: Redondo Vista
  • Cats And Dogs: No Restrictions
  • Manager Contact Information: Tiffany Weed (253) 840-1200
  • Association Contact: Tiffany Weed (253) 840-1200
  • Common Property Features: Fire Sprinklers, Outside Entry
  • Home Owner Dues Included: Earthquake Ins., Garbage, Water/Sewer, Common Area Maintenance, Lawn Service
  • Unit Features: Balcony/Deck/Patio, Insulated Windows

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
  • Lot Sq Ft: 62061
  • Parcel Number: 7205810370

Tax Info

  • Tax Amount: 1679

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2021
Closed on
Mar 16, 2021
Sold by
Shin Seung S and Choi Yun H
Bought by
Meade Christine
Seller's Agent
Dan Yoo
TS Property Management
Buyer's Agent
Isaac Rivelle
SPIRE ONE Realty
List Price
$199,950
Sold Price
$200,000
Premium/Discount to List
$50
0.03%
Current Estimated Value
$227,559

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,559
Avg. Annual Appreciation
5.02%
Original Mortgage
$194,000
Outstanding Balance
$176,651
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$72,996

Purchase Details

Closed on
Jun 27, 2006
Sold by
Bartels Mary J
Bought by
Shin Seung S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
7.47%

Purchase Details

Closed on
Feb 18, 1992
Sold by
Ca & B Harbor Crest L P
Bought by
Bartels Dale E and Bartels Mary J
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
Meade Christine $200,000 Rainier Title
Shin Seung S $137,500 Stewart Title
Bartels Dale E $74,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meade Christine $194,000
Previous Owner Shin Seung S $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2021 03/19/21 Sold $200,000 0.0% $325 / Sq Ft
02/18/2021 02/18/21 Pending -- -- --
02/11/2021 02/11/21 For Sale $199,950 -- $325 / 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 $2,558 $231,000 $16,600 $214,400
2023 $2,067 $229,000 $11,400 $217,600
2022 $1,939 $210,000 $10,400 $199,600
2021 $1,836 $171,000 $9,300 $161,700
2020 $1,679 $152,000 $9,300 $142,700
2018 $1,561 $123,000 $8,300 $114,700
2017 $1,267 $109,000 $8,300 $100,700
2016 $1,190 $88,000 $7,800 $80,200
2015 $1,275 $79,000 $8,300 $70,700
2014 -- $87,000 $8,300 $78,700
2013 -- $76,000 $8,300 $67,700
Source: Public Records

Agents Affiliated with this Home

  • Dan Yoo

    Seller's Agent in 2021

    Dan Yoo

    TS Property Management

    (253) 220-7742

    2 in this area

    24 Total Sales

    Dan Yoo
    Section Image
  • Isaac Rivelle

    Buyer's Agent in 2021

    Isaac Rivelle

    SPIRE ONE Realty

    (206) 395-9866

    1 in this area

    32 Total Sales

    Isaac Rivelle
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1724394

Northwest Multiple Listing Service (NWMLS)

APN: 720581-0370

Washington King County Federal Way 98003 Redondo-Federal Way

28602 16th Ave S Unit 201, Federal Way, WA

This home is located at 28602 16th Ave S Unit 201, Federal Way, WA 98003 since 11 February 2021 and is currently estimated at $227,559, approximately $370 per square foot. This property was built in 1990. 28602 16th Ave S Unit 201 is a home located in King County with nearby schools including Woodmont K-8 School, Sacajawea Middle School, and Federal Way 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) 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

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