NOT LISTED FOR SALE

2906 SW 342nd Place Federal Way, WA 98023

Twin Lakes Neighborhood

Estimated Value: $692,000 - $739,000

5 Beds
3 Baths
2,510 Sq Ft
$288/Sq Ft Est. Value

Last Sold March 30, 2018

Last sale price $440,000 $175 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $4,537/month

99 Days on Market

Highlights

  • Fruit Trees
  • Territorial View
  • 1 Fireplace
  • Deck
  • Wood Flooring
  • 5-minute walk to Alderdale Park

About This Home

As of March 2018

Spacious 2,510 sq. ft. Light & Bright, Freshly Painted Home in Grousepoint Community. This Updated Home has 5 Bedrooms, 2.5 baths, use 5th Bedroom Downstairs as a Study/Office, Cathedral Ceilings, Formal Dining Room, Large Living Room, Cozy Family Room with Fireplace plus both Hardwoods & Tile Flooring. Large Kitchen Boasts Plenty of Room, lots of Cabinets for Storage, Stainless Steel Appliances and Pantry. Backyard Features a Large Deck, Gazebo and Fire Pit. This Home is a Must See!

Last Agent to Sell the Property

Ramon Gutierrez

John L. Scott, Inc License #5344 Listed on: 11/03/2017

John L. Scott, Inc

Last Buyer's Agent

Channer Hernandez

Conner Real Estate Group, LLC License #132075

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1213205

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,487

Year Built

  • Built in 1991

Lot Details

  • Partially Fenced Property
  • Sloped Lot
  • Fruit Trees
  • Garden

Parking

  • Attached Garage

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1 Fireplace
  • Territorial Views

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate

Outdoor Features

  • Deck
  • Patio

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Federal Way Community

Listing and Financial Details

  • Assessor Parcel Number 2944500330

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,487

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 12 - 2 Story
  • Building Information: Built On Lot
  • Year Built: 1991
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Dbl Pane/Storm Windw, Dining Room, High Tech Cabling, Security System, Vaulted Ceilings, Walk-In Closet
  • Floor Covering: Hardwood, Laminate, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Garbage Disposal, Range/Oven
  • Bedrooms: 5.00
  • Main Floor Bedrooms: 1
  • Bathrooms: 2.50
  • Total Full Bathrooms: 2
  • Total Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Dining Room: Main
  • Family Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 2510
  • Square Footage Finished: 2510

Exterior Features

  • Exterior: Wood
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 2

Utilities

  • Heating And Cooling: Forced Air
  • Power Company: PSE
  • Sewer: Sewer Connected
  • Sewer Company: Lakehaven
  • Water Company: Lakehaven
  • Water Heater: Garage-Gas
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 16
  • Community Name: Federal Way

Schools

  • Elementary School: Sherwood Forest Elem
  • High School: Decatur High
  • School District: FED

Lot Info

  • Lot Details: Curbs, Sidewalk
  • Lot Sq Ft: 8580
  • Lot Topography Vegetation: Fruit Trees, Garden Space, Partial Slope
  • Parcel Number: 2944500330
  • Lot Topography: Fruit Trees, Garden Space, Partial Slope

Tax Info

  • Tax Amount: 6245

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2017
Closed on
Mar 15, 2018
Sold by
Santamarina Mary and Santamarina Roman
Bought by
Lemafa Iupati Motu and Lemafa Peleese
Seller's Agent
Ramon Gutierrez
John L. Scott, Inc
Buyer's Agent
Channer Hernandez
Conner Real Estate Group, LLC
List Price
$469,000
Sold Price
$440,000
Premium/Discount to List
-$29,000
-6.18%
Current Estimated Value
$723,575

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$283,575
Avg. Annual Appreciation
7.07%
Original Mortgage
$440,000
Interest Rate
4.38%
Mortgage Type
VA

Purchase Details

Listed on
Jul 12, 2014
Closed on
Aug 25, 2014
Sold by
Le Tam N and Pham Toan N
Bought by
Santamarina Mary and Santamarina Roman
Seller's Agent
Linh Phan
Home Realty
Buyer's Agent
Ramon Gutierrez
John L. Scott, Inc
List Price
$339,950
Sold Price
$330,000
Premium/Discount to List
-$9,950
-2.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.34%
Original Mortgage
$324,022
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 27, 2005
Sold by
Laulu Paterika F and Burnham Siobhan
Bought by
Pham Toan N and Le Tam N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,000
Interest Rate
5.48%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Dec 19, 2003
Sold by
Tola Fuatino F and Tola Alafai F
Bought by
Laulu Paterika F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 27, 2003
Sold by
Un Pim and Un Joanne Tung
Bought by
Laulu Paterika F and Toia Alafaif

Purchase Details

Closed on
Sep 29, 1992
Sold by
Chaffey Corporation
Bought by
Un Pim and Joanne Tung
Source: Public Records

Range of Values:

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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
Lemafa Iupati Motu $440,000 Cw Title
Santamarina Mary $330,000 First American
Pham Toan N $308,000 Stewart Title
Laulu Paterika F -- Commonwealth L
Laulu Paterika F $285,000 Chicago Title
Un Pim $196,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lemafa Iupati Motu $462,203
Closed Lemafa Iupati Motu $457,571
Closed Lemafa Iupati Motu $446,200
Closed Lemafa Iupati Motu $440,000
Previous Owner Santamarina Mary $324,022
Previous Owner Pham Toan N $62,000
Previous Owner Pham Toan N $246,000
Previous Owner Laulu Paterika F $255,000
Previous Owner Laulu Paterika $199,500
Previous Owner Laulu Paterika F $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2018 03/30/18 Sold $440,000 -2.0% $175 / Sq Ft
02/11/2018 02/11/18 Pending -- -- --
01/31/2018 01/31/18 Price Changed $449,000 -2.2% $179 / Sq Ft
12/30/2017 12/30/17 Price Changed $459,000 -2.1% $183 / Sq Ft
11/03/2017 11/03/17 For Sale $469,000 +42.1% $187 / Sq Ft
08/27/2014 08/27/14 Sold $330,000 -2.9% $131 / Sq Ft
07/30/2014 07/30/14 Pending -- -- --
07/12/2014 07/12/14 For Sale $339,950 -- $135 / 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 $6,487 $651,000 $225,000 $426,000
2023 $6,285 $590,000 $203,000 $387,000
2022 $6,108 $641,000 $185,000 $456,000
2021 $5,913 $541,000 $148,000 $393,000
2020 $5,616 $492,000 $121,000 $371,000
2018 $5,596 $452,000 $97,000 $355,000
2017 $6,245 $394,000 $89,000 $305,000
2016 $6,066 $441,000 $81,000 $360,000
2015 $5,621 $410,000 $78,000 $332,000
2014 -- $389,000 $78,000 $311,000
2013 -- $321,000 $89,000 $232,000
Source: Public Records

Agents Affiliated with this Home

  • Ramon Gutierrez

    Seller's Agent in 2018

    Ramon Gutierrez

    John L Scott

    (206) 755-5857

    2 in this area

    81 Total Sales

    Ramon Gutierrez
    Section Image
  • Channer Hernandez

    Buyer's Agent in 2018

    Channer Hernandez

    Conner Real Estate Group, LLC

    (425) 455-9280

    143 Total Sales

    Channer Hernandez
    Section Image

  • L

    Seller's Agent in 2014

    Linh Phan

    Home Realty

    (206) 365-4700

    4 Total Sales

    Linh Phan
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1213205

Northwest Multiple Listing Service (NWMLS)

APN: 294450-0330

Washington King County Federal Way 98023 Twin Lakes

2906 SW 342nd Place, Federal Way, WA

This home is located at 2906 SW 342nd Place, Federal Way, WA 98023 since 03 November 2017 and is currently estimated at $723,575, approximately $288 per square foot. This property was built in 1991. 2906 SW 342nd Place is a home located in King County with nearby schools including Green Gables Elementary School, Saghalie Middle School, and Decatur 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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