NOT LISTED FOR SALE

2861 SW 340th Place Federal Way, WA 98023

Twin Lakes Neighborhood

Estimated Value: $561,000 - $662,000

3 Beds
3 Baths
1,140 Sq Ft
$525/Sq Ft Est. Value

About This Home

This home is located at 2861 SW 340th Place, Federal Way, WA 98023 and is currently estimated at $598,160, approximately $524 per square foot. 2861 SW 340th Place is a home located in King County with nearby schools including Green Gables Elementary School, Saghalie Middle School, and Decatur High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 27, 2005
Sold by
Sin Raina
Bought by
Johnson Larry D and Johnson Angela L
Current Estimated Value
$598,160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,624
Interest Rate
5.12%
Mortgage Type
VA

Purchase Details

Closed on
May 6, 2004
Sold by
Sin Seung Ho
Bought by
Sin Raina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,700
Interest Rate
5.38%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 27, 1989
Sold by
Orr David T
Bought by
Kemler J Michael

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Johnson Larry D $276,500 Stewart Title
Sin Raina -- First American
Sin Raina $243,000 First American
Kemler J Michael $46,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Larry D $272,800
Closed Johnson Larry D $262,027
Closed Johnson Larry D $289,700
Closed Johnson Larry D $285,624
Previous Owner Sin Seung H $18,000
Previous Owner Sin Raina $218,700
Source: Public Records

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 $5,092 $504,000 $183,000 $321,000
2023 $5,040 $457,000 $165,000 $292,000
2022 $4,538 $496,000 $150,000 $346,000
2021 $3,830 $398,000 $120,000 $278,000
2020 $3,634 $314,000 $98,000 $216,000
2018 $3,617 $289,000 $79,000 $210,000
2017 $3,278 $252,000 $72,000 $180,000
2016 $3,185 $228,000 $66,000 $162,000
2015 $2,952 $212,000 $63,000 $149,000
2014 -- $201,000 $63,000 $138,000
2013 -- $175,000 $87,000 $88,000
Source: Public Records

Map

Washington King County Federal Way 98023 Twin Lakes

2861 SW 340th Place, Federal Way, WA

Homes for Sale in Federal Way, WA

This home is located at 2861 SW 340th Place, Federal Way, WA 98023 and is currently estimated at $598,160, approximately $524 per square foot. 2861 SW 340th Place is a home located in King County with nearby schools including Green Gables Elementary School, Saghalie Middle School, and Decatur High School.

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