NOT LISTED FOR SALE

28937 12th Ave S Federal Way, WA 98003

Marine Hills Neighborhood

Estimated Value: $738,000 - $869,000

5 Beds
3 Baths
2,770 Sq Ft
$288/Sq Ft Est. Value

Last Sold October 13, 2020

Last sale price $600,000 $217 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $4,824/month

About This Home

As of October 2020

Nestled in the heart of Marine Hills, this completely remodeled home has it all! Open, spacious floor plan & light filed kitchen with new SS appliances- including an induction cooktop, quartz counters, exquisite grey shaker cabinets. All new windows, sliders, fixtures, flooring & stunning remodeled bathrooms. Luxurious, spa like ensuite master bath. Spacious basement with 5th bedroom & separate entrance, perfect potential MIL or separate living space. Min to I-5 and Redondo Beach. A MUST see!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2020
Closed on
Oct 2, 2020
Sold by
Reed Ryan Wiliam and Reed Chelsea
Bought by
Popovici Patrick V and Richmond Jennifer S
Seller's Agent
Kelee Kjack
Windermere RE South Sound, Inc
Buyer's Agent
Alex Dimov
John L. Scott, Inc
List Price
$599,000
Sold Price
$600,000
Premium/Discount to List
$1,000
0.17%
Current Estimated Value
$797,092

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,092
Avg. Annual Appreciation
5.82%
Original Mortgage
$480,000
Outstanding Balance
$427,898
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$366,390

Purchase Details

Listed on
May 1, 2018
Closed on
Sep 19, 2018
Sold by
Liang Xue Fen and Xiao Junmei
Bought by
Reed Ryan William and Reed Chelsea
Seller's Agent
Qi Na Zhao
Best Choice Realty LLC
Buyer's Agent
Sheri Nickel
Coldwell Banker Bain
List Price
$448,900
Sold Price
$435,000
Premium/Discount to List
-$13,900
-3.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.98%
Original Mortgage
$413,250
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 14, 2017
Closed on
Nov 10, 2017
Sold by
Mai Jianrong and Xiao Junmei
Bought by
Xiao Junmei
Seller's Agent
Gregory Rippel
RE-bate
Buyer's Agent
Qi Na Zhao
Best Choice Realty LLC
List Price
$424,995
Sold Price
$425,000
Premium/Discount to List
$5
0.001%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.74%
Original Mortgage
$270,000
Interest Rate
3.85%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 26, 2016
Sold by
Jones Scott C and Jones Tia A
Bought by
Jones Scott C and Jones Portia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,660
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 14, 1997
Sold by
Bolen Richard E and Bolen Alice M
Bought by
Jones Scott C and Jones Tia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,500
Interest Rate
7.86%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Popovici Patrick V $600,000 Chicago Title
Reed Ryan William $435,000 Rainier Title
Xiao Junmei -- Chicago Title Company Of Wa
Liang Xue Fen -- Chicago Title Company Of Wa
Liang Xue Fen $425,000 Chicago Title Company Of Wa
Jones Scott C -- Wfg National T
Jones Scott C $165,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Popovici Patrick V $480,000
Previous Owner Reed Ryan William $413,250
Previous Owner Liang Xue Fen $270,000
Previous Owner Jones Scott C $154,660
Previous Owner Jones Scott C $115,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2020 10/13/20 Sold $600,000 +0.2% $217 / Sq Ft
09/14/2020 09/14/20 Pending -- -- --
09/10/2020 09/10/20 For Sale $599,000 +37.7% $216 / Sq Ft
09/25/2018 09/25/18 Sold $435,000 0.0% $157 / Sq Ft
08/27/2018 08/27/18 Pending -- -- --
07/25/2018 07/25/18 Price Changed $435,000 -3.1% $157 / Sq Ft
07/04/2018 07/04/18 For Sale $448,900 +3.2% $162 / Sq Ft
06/27/2018 06/27/18 Off Market $435,000 -- --
06/10/2018 06/10/18 Price Changed $458,000 -2.1% $165 / Sq Ft
05/24/2018 05/24/18 Price Changed $468,000 -2.3% $169 / Sq Ft
05/01/2018 05/01/18 For Sale $478,990 +12.7% $173 / Sq Ft
11/16/2017 11/16/17 Sold $425,000 0.0% $153 / Sq Ft
10/17/2017 10/17/17 Pending -- -- --
10/14/2017 10/14/17 For Sale $424,995 -- $153 / Sq Ft

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 $7,171 $723,000 $207,000 $516,000
2023 $7,125 $654,000 $188,000 $466,000
2022 $5,877 $706,000 $192,000 $514,000
2021 $5,351 $520,000 $175,000 $345,000
2020 $5,115 $444,000 $161,000 $283,000
2018 $4,565 $351,000 $131,000 $220,000
2017 $4,100 $320,000 $123,000 $197,000
2016 $4,305 $287,000 $123,000 $164,000
2015 $3,932 $289,000 $115,000 $174,000
2014 -- $270,000 $108,000 $162,000
2013 -- $246,000 $103,000 $143,000
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2020

    Kelee Kjack

    Windermere Real Estate / South Sound, Inc.

    Section Image
  • Alex Dimov

    Buyer's Agent in 2020

    Alex Dimov

    John L Scott

    (253) 269-8619

    2 in this area

    48 Total Sales

    Alex Dimov
    Section Image
  • Qi Na Zhao

    Seller's Agent in 2018

    Qi Na Zhao

    Best Choice Realty Brokerage

    (206) 818-6808

    53 Total Sales

    Qi Na Zhao
    Section Image
  • Sheri Nickel

    Buyer's Agent in 2018

    Sheri Nickel

    Coldwell Banker Bain

    (425) 558-2393

    91 Total Sales

    Sheri Nickel
    Section Image
  • Gregory Rippel

    Seller's Agent in 2017

    Gregory Rippel

    RE-bate

    (253) 387-7100

    7 Total Sales

    Gregory Rippel
    Section Image
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Map

Washington King County Federal Way 98003 Marine Hills

28937 12th Ave S, Federal Way, WA

This home is located at 28937 12th Ave S, Federal Way, WA 98003 and is currently estimated at $797,092, approximately $287 per square foot. 28937 12th Ave S is a home located in King County with nearby schools including Nautilus K-8 School, Sacajawea Middle School, and Federal Way High School.

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