NOT LISTED FOR SALE

29622 20th Place SW Federal Way, WA 98023

Adelaide Neighborhood

Estimated Value: $3,353,000 - $6,147,000

3 Beds
7 Baths
5,774 Sq Ft
$846/Sq Ft Est. Value

Last Sold February 24, 2014

Last sale price $2,610,000 $452 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $31,150/month

206 Days on Market

About This Home

As of February 2014

This beautiful gated estate on the shores of Adelaide Beach enjoys 97+/- feet of low bank waterfront. Built in 2008, this home features generous entertaining spaces and a large cook's kitchen with high end appliances. Elevator to all levels. Exceptional panoramic view of Puget sound and the Olympic Mountains are seen from throughout the home and on the sweeping terraces. The 8+ acre property also includes a 3 bedroom guest house, separate garage with bath and barn/outbuilding.

Last Agent to Sell the Property

Bob Bennion

COMPASS License #4166 Listed on: 06/18/2013

COMPASS

Co-Listed By

Joseph Deville

COMPASS License #5223

Last Buyer's Agent

Christy Crissinger

Skyline Properties, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM504024

Northwest Multiple Listing Service (NWMLS)

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2013
Closed on
Feb 20, 2014
Sold by
Wallen Terry R and Wallen Johnnie T
Bought by
Robinson Susan
Seller's Agent
Bob Bennion
COMPASS
Buyer's Agent
Christy Crissinger
Skyline Properties, Inc.
List Price
$3,250,000
Sold Price
$2,610,000
Premium/Discount to List
-$640,000
-19.69%
Total Days on Market
206
Current Estimated Value
$4,886,899

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,276,899
Avg. Annual Appreciation
5.72%

Purchase Details

Closed on
Aug 25, 1997
Sold by
Stone Florence S
Bought by
Wallen Terry R and Wallen Johnnie T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,500
Interest Rate
7.34%
Mortgage Type
Seller Take Back
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
Robinson Susan $2,610,000 Cw Title Co
Wallen Terry R $26,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Robinson Susan $741,750
Previous Owner Wallen Terry R $180,000
Previous Owner Wallen Terry R $456,632
Previous Owner Wallen Terry R $2,250,000
Previous Owner Wallen Terry R $2,660,000
Previous Owner Wallen Terry R $1,700,000
Previous Owner Wallen Johnnie T $500,481
Previous Owner Wallen Terry R $23,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2014 02/24/14 Sold $2,610,000 -11.5% $452 / Sq Ft
01/10/2014 01/10/14 Pending -- -- --
09/17/2013 09/17/13 Price Changed $2,950,000 -9.2% $511 / Sq Ft
06/18/2013 06/18/13 For Sale $3,250,000 -- $563 / 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 $45,552 $4,813,000 $1,603,000 $3,210,000
2023 $46,240 $4,349,000 $1,451,000 $2,898,000
2022 $41,855 $4,690,000 $1,477,000 $3,213,000
2021 $38,041 $3,798,000 $1,343,000 $2,455,000
2020 $34,174 $3,238,000 $1,233,000 $2,005,000
2018 $37,779 $2,978,000 $1,128,000 $1,850,000
2017 $34,847 $2,703,000 $1,055,000 $1,648,000
2016 $33,903 $2,494,000 $1,055,000 $1,439,000
2015 $30,721 $2,323,000 $979,000 $1,344,000
2014 -- $2,157,000 $912,000 $1,245,000
2013 -- $1,914,000 $869,000 $1,045,000
Source: Public Records

Agents Affiliated with this Home

  • Bob Bennion

    Seller's Agent in 2014

    Bob Bennion

    Avenue Properties

    (206) 328-7200

    202 Total Sales

    Bob Bennion
    Section Image

  • J

    Seller Co-Listing Agent in 2014

    Joseph Deville

    Avenue Properties

    (206) 328-7200

    Joseph Deville
    Section Image

  • C

    Buyer's Agent in 2014

    Christy Crissinger

    Skyline Properties, Inc.

See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM504024

Northwest Multiple Listing Service (NWMLS)

APN: 012103-9020

Washington King County Federal Way 98023 Adelaide

29622 20th Place SW, Federal Way, WA

This home is located at 29622 20th Place SW, Federal Way, WA 98023 since 18 June 2013 and is currently estimated at $4,886,899, approximately $846 per square foot. This property was built in 2008. 29622 20th Place SW is a home located in King County with nearby schools including Adelaide Elementary School, Lakota 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) 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. ©2025 NWMLS.

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