NOT LISTED FOR SALE

Estimated Value: $304,000 - $434,000

0.36 Acre
$1,025,000 Price per Acre
15,682 Sq Ft Lot

Last Sold September 30, 2021

Last sale price $257,500 $166 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $2,117/month

13 Days on Market

About This Lot

As of September 2021

Beautiful corner lot in excellent Federal Way location. This 15,840 sq/ft lot previously had a home on it, all utilities sewer, water, electricity are caped at the property and ready for your new construction home connection. Rare opportunity to build your dream home and enjoy everything that comes along with this property. Partially fenced, great location near downtown Federal Way, 5 min from Redondo boardwalk and boat launch, shopping center, dining, schools, parks and more. This GREAT opportunity won’t last long at this price!

Last Agent to Sell the Property

Aleksander Prokhor

Berkshire Hathaway HS NW License #117180 Listed on: 07/21/2021

Berkshire Hathaway HS NW

Last Buyer's Agent

Avinesh Pillay

Skyline Properties, Inc. License #127116

Skyline Properties, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1809763

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,904

Year Built

  • 1961

Lot Details

  • Corner Lot
  • Level Lot

Community Details

  • Federal Way Community

Listing and Financial Details

  • Assessor Parcel Number 3674400106

Property Details

Property Type

Land

Est. Annual Taxes

$1,904

Year Built

1961

Lot Details

0

Listing Details

  • Property Type: Lots And Land
  • Property Features: Garden/Fruit Trees
  • Style: 40 - Res-Less Thn 1 Ac
  • Restrictions: No Restrictions, Unknown
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 1961

Interior Features

  • Level: level lot

Exterior Features

  • Road Information: Paved
  • Road On Which Sideof Property: corner lot, road on both side
  • Water Jurisdiction: Lake Haven

Utilities

  • Electricity: On Property
  • Gas Available: On Property
  • Sewer: Available, On Property
  • Water: Available, On Property

Condo/Co-op/Association

  • Community Name: Federal Way

Schools

  • Elementary School: Buyer To Verify
  • Middle School: Buyer To Verify
  • High School: Buyer To Verify
  • School District: FED

Lot Info

  • General Zoning Classification: Residential
  • Lot Details: Corner Lot, Paved Street
  • Lot Sq Ft: 15840
  • Parcel Number: 3674400106
  • Topography: Level
  • Zoning Jurisdiction: City
  • Zoning Remarks: RS7.2

Tax Info

  • Tax Amount: 4052

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 17, 2022
Sold by
Tara Chandr
Bought by
Pillay Avinesh
Total Days on Market
13
Current Estimated Value
$369,000

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
3.55%
Mortgage Type
Balloon

Purchase Details

Closed on
Mar 16, 2022
Sold by
Maharaj Ashwini V
Bought by
Pillay Avinesh

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
3.55%
Mortgage Type
Balloon

Purchase Details

Listed on
Jul 21, 2021
Closed on
Sep 27, 2021
Sold by
Chandr Samuni
Bought by
Chandr Tara
Seller's Agent
Aleksander Prokhor
Berkshire Hathaway HS NW
Buyer's Agent
Avinesh Pillay
Skyline Properties, Inc.
List Price
$249,900
Sold Price
$257,500
Premium/Discount to List
$7,600
3.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.14%
Original Mortgage
$107,500
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Listed on
Jul 21, 2021
Closed on
Sep 9, 2021
Sold by
Newrez Llc
Bought by
Pillay Avenish and Maharaj Ashwini V
Seller's Agent
Aleksander Prokhor
Berkshire Hathaway HS NW
Buyer's Agent
Avinesh Pillay
Skyline Properties, Inc.
List Price
$249,900
Sold Price
$257,500
Premium/Discount to List
$7,600
3.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,500
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 22, 2021
Sold by
Quality Loan Service Corp/Wa and Northwest Trustee Services Inc
Bought by
New Penn Financial Llc and Newrez Llc

Purchase Details

Closed on
Nov 18, 1991
Sold by
Rice Marie
Bought by
Rice Rice N and Rice Marie
Source: Public Records

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Range of Values:

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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
Pillay Avinesh $53,750 None Listed On Document
Pillay Avinesh $313 None Listed On Document
Chandr Tara -- Equity Title Of Wa Llc
Pillay Avenish $257,500 Accommodation
New Penn Financial Llc $313 None Listed On Document
Rice Rice N -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Pillay Avinesh $100,000
Previous Owner Chandr Tara $107,500
Previous Owner Rice N Paul $278,795
Previous Owner Rice N Paul $230,412
Previous Owner Rice N Paul $46,000
Previous Owner Rice N Paul $247,200
Previous Owner Rice N Paul $235,260
Previous Owner Rice N Paul $207,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2021 09/30/21 Sold $257,500 +3.0% $166 / Sq Ft
08/03/2021 08/03/21 Pending -- -- --
07/21/2021 07/21/21 For Sale $249,900 -- $161 / 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 $1,904 $184,000 $184,000 --
2023 $1,981 $168,000 $168,000 $0
2022 $4,440 $177,000 $177,000 $0
2021 $4,053 $389,000 $161,000 $228,000
2020 $3,844 $333,000 $139,000 $194,000
2018 $3,910 $303,000 $112,000 $191,000
2017 $3,612 $273,000 $112,000 $161,000
2016 $2,967 $252,000 $107,000 $145,000
2015 $2,753 $197,000 $91,000 $106,000
2014 -- $187,000 $85,000 $102,000
2013 -- $158,000 $85,000 $73,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1809763

Northwest Multiple Listing Service (NWMLS)

APN: 367440-0106