NOT LISTED FOR SALE

29908 23rd #7 Ave SW Federal Way, WA 98023

Adelaide Neighborhood

Estimated Value: $2,781,000 - $3,892,908

2.46 Acres
$1,397,552 Price per Acre
107,158 Sq Ft Lot

Last Sold May 22, 2015

Last sale price $400,000

Est. 759% increase in value since last sale

Current estimated payment $22,412/month

113 Days on Market

About This Lot

As of May 2015

RARE OPPORTUNITY to own 2.4 acre lot with 140 ft of Sound waterfront. Lot size incl beach/tidelands for your own private beach. Utilities available. This lot offers a trail to the incredible beach below. DO NOT WALK TRAIL W/OUT PERMISSION. 6 custom homes are being built in the area. Additional 2.4 acre waterfront lot next door is also available for $450,000 (MLS#719664)...buy both for perfect Estate setting of 4.8 acres & 280 ft of wft! Simply breathtaking & a hidden treasure.

Last Listed By

Kris Holden

Windermere RE West Campus Inc License #24813 Listed on: 11/24/2014

Windermere RE West Campus Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM719665

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $38,032

Year Built

  • 2016

Lot Details

  • Level Lot

Property Views

  • Views of a Sound
  • City
  • Mountain

Community Details

  • Adelaide Community

Listing and Financial Details

  • Assessor Parcel Number 0121039157

Property Details

Property Type

Land

Est. Annual Taxes

$38,032

Year Built

2016

Lot Details

0

Listing Details

  • Property Type: Lots And Land
  • Property Features: Lightly Treed, Pasture Land
  • Style: 41 - Res-Over 1 Acre
  • Restrictions: CCAndR
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2016

Exterior Features

  • Road Information: Privately Maintained
  • Road On Which Sideof Property: West
  • View: City, Mountain, Sound
  • Waterfront: Bank-Medium, Sound
  • Water Jurisdiction: Lakehaven

Utilities

  • Electricity: Available
  • Gas Available: Available
  • Sewer: Available
  • Water: Available

Condo/Co-op/Association

  • Community Name: Adelaide
  • Project: Testamentary Plat

Schools

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

Lot Info

  • Lot Number: 7
  • General Zoning Classification: Residential
  • Lot Sq Ft: 107366
  • Parcel Number: 0121039157
  • Survey: See attached docs in MLS
  • Topography: Level, Sloped
  • Zoning Jurisdiction: City
  • Zoning Remarks: RS15.0

Tax Info

  • Tax Amount: 6978

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 22, 2021
Sold by
Donogh Scott and Donogh Joy
Bought by
Thomas Isaiah and Thomas Isaiah
Total Days on Market
113
Current Estimated Value
$3,437,977

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,772,388
Outstanding Balance
$1,623,183
Interest Rate
2.95%
Mortgage Type
New Conventional
Estimated Equity
$1,756,361

Purchase Details

Closed on
Feb 15, 2019
Sold by
Donogh Scott
Bought by
Donogh Scott and Donogh Joy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$726,525
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 24, 2014
Closed on
May 20, 2015
Sold by
Bruell Family Llc
Bought by
Scott Donogh Homes Inc
Seller's Agent
Kris Holden
Windermere RE West Campus Inc
Buyer's Agent
Rick Branchflower
John L. Scott, Inc.
List Price
$450,000
Sold Price
$400,000
Premium/Discount to List
-$50,000
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.71%
Original Mortgage
$260,000
Interest Rate
3.63%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 29, 2007
Sold by
Bruell David H
Bought by
Bruell Family Llc

Range of Values:

Collateral Analytics

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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
Thomas Isaiah $2,953,981 None Available
Donogh Scott -- Cw Title
Donogh Scott -- Cw Title
Scott Donogh Homes Inc $400,000 First American
Bruell Family Llc -- Rainier Title
Bruell David H -- Rainier Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas Isaiah $1,772,388
Previous Owner Donogh Scott $400,000
Previous Owner Donogh Scott $726,525
Previous Owner Scott Donogh Homes Inc $1,073,000
Previous Owner Scott Donogh Homes Inc $260,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2015 05/22/15 Sold $400,000 -11.1% --
03/17/2015 03/17/15 Pending -- -- --
11/24/2014 11/24/14 For Sale $450,000 -- --
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 $38,032 $4,040,000 $1,046,000 $2,994,000
2023 $38,849 $3,651,000 $947,000 $2,704,000
2022 $35,158 $3,937,000 $964,000 $2,973,000
2021 $31,955 $3,188,000 $877,000 $2,311,000
2020 $28,703 $2,718,000 $805,000 $1,913,000
2018 $26,614 $2,086,000 $574,000 $1,512,000
2017 $10,244 $1,902,000 $537,000 $1,365,000
2016 $7,265 $728,000 $537,000 $191,000
2015 $6,605 $499,000 $499,000 $0
2014 -- $465,000 $465,000 $0
2013 -- $443,000 $443,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Kris Holden

    Seller's Agent in 2015

    Kris Holden

    Windermere Real Estate / West Campus, Inc.

    (206) 999-9621

    1 in this area

    184 Total Sales

    Kris Holden
    Section Image

  • R

    Buyer's Agent in 2015

    Rick Branchflower

    John L Scott

    (808) 429-0158

    12 Total Sales

    Rick Branchflower
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM719665

Northwest Multiple Listing Service (NWMLS)

APN: 012103-9157

Washington King County Federal Way 98023 Adelaide

29908 23rd #7 Ave SW, Federal Way, WA

Homes for Sale in Federal Way, WA

This home is located at 29908 23rd #7 Ave SW, Federal Way, WA 98023 since 24 November 2014 and is currently estimated at $3,437,977. This property was built in 2016. 29908 23rd #7 Ave 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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