NOT LISTED FOR SALE

Estimated Value: $547,000 - $655,000

4 Beds
2 Baths
1,760 Sq Ft
$336/Sq Ft Est. Value

Last Sold March 23, 2015

Last sale price $194,000 $110 Per Sq Ft

Est. 205% increase in value since last sale

Current estimated payment $3,768/month

118 Days on Market

Highlights

  • Greenhouse
  • Wood Flooring
  • 1-Story Property
  • Territorial View
  • Open Space

About This Home

As of March 2015

LOCATION LOCATION LOCATION!! This duplex is in the heart of Federal Way and less than a mile from the Commons mall and endless restaurants. The units have a fenced in backyard. Rents could easily go to $900-$950. Unit 2 has been remodeled and updated and has beautiful hardwood floors. Each unit features a nice size kitchen, living room, two bedrooms and a full bathroom plus utility. The area is a perfect commuter location and close to a bus line, shopping and freeway.

Last Agent to Sell the Property

Anita Maxwell

Homes & Equity Real Estate Grp License #83883 Listed on: 09/05/2014

Homes & Equity Real Estate Grp

Last Buyer's Agent

Rocky Gabay

CENTURY 21 North Homes Realty License #104487

CENTURY 21 North Homes Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 690694

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,408

Year Built

  • Built in 1962

Lot Details

  • 7,700 Sq Ft Lot
  • Open Space
  • Property is in average condition

Home Design

  • Duplex
  • Brick Exterior Construction
  • Composition Roof
  • Bitumen Roof
  • Wood Composite

Interior Spaces

  • 1,760 Sq Ft Home
  • 1-Story Property
  • Territorial Views

Flooring

  • Wood
  • Vinyl

Parking

  • 4 Parking Spaces
  • Open Parking

Outdoor Features

  • Greenhouse

Schools

  • Federal Way Snr High School

Community Details

  • Federal Way Sites Add Condos
  • Federal Way Subdivision

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 2501600150

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,408

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1962
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Federal Way Sites Add
  • New Construction: No
  • CalculatedSquareFootage: 1760
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 381

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Hardwood, Vinyl
  • Interior Amenities: Hardwood
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition, Torch Down
  • View: Territorial
  • Lot Features: Open Space, Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Brick, Wood Products
  • Property Condition: Average
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: Puget Sound Energy
  • SewerCompany: LakeHaven
  • WaterCompany: Lakehaven
  • WaterSewerGarbage: 0

Schools

  • Junior High Dist: Federal Way
  • High School: Federal Way Snr High

Lot Info

  • Parcel Number: 2501600150
  • Lot Size Acres: 0.1768
  • Lot Size Sq Ft: 7700
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Green House
  • MLSLotSizeSource: Realist
  • ZoningClass: Multi-Family
  • LotNumber: 6

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 800

Tax Info

  • Year: 2014

Multi Family

  • Number Of Units Total: 2
  • Leasable Area: 1760
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2014
Closed on
Mar 10, 2015
Sold by
Jenson Deborah Lee and Jenson Deborah Lee
Bought by
Duoos Mathis R and Duoos Indah
Seller's Agent
Anita Maxwell
Homes & Equity Real Estate Grp
Buyer's Agent
Rocky Gabay
CENTURY 21 North Homes Realty
List Price
$220,000
Sold Price
$194,000
Premium/Discount to List
-$26,000
-11.82%
Total Days on Market
118
Current Estimated Value
$590,789

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$396,789
Avg. Annual Appreciation
11.90%
Original Mortgage
$194,000
Interest Rate
3.54%
Mortgage Type
VA

Purchase Details

Closed on
Apr 29, 1986
Sold by
Sperry Sandra L
Bought by
Jenson Len Wallace
Source: Public Records

Range of Values:

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Average Value
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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
Duoos Mathis R $194,000 Ticor Title Company
Jenson Len Wallace $79,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Duoos Matthias R $252,200
Closed Duoos Matthias R $54,939
Closed Duoos Matthias R $259,000
Closed Duoos Matthias R $220,000
Previous Owner Duoos Mathis R $194,000
Previous Owner Jenson Len Wallace $170,000
Previous Owner Jenson Len Wallace $155,695
Previous Owner Jenson Len Wallace $45,000
Previous Owner Jenson Len Wallace $84,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2015 03/23/15 Sold $194,000 -11.8% $110 / Sq Ft
01/02/2015 01/02/15 Pending -- -- --
09/05/2014 09/05/14 For Sale $220,000 -- $125 / 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 $5,408 $542,000 $159,000 $383,000
2023 $5,257 $491,000 $144,000 $347,000
2022 $4,802 $533,000 $131,000 $402,000
2021 $4,134 $422,000 $105,000 $317,000
2020 $3,809 $340,000 $85,000 $255,000
2018 $3,868 $304,000 $68,000 $236,000
2017 $3,654 $270,000 $62,000 $208,000
2016 $3,549 $255,000 $57,000 $198,000
2015 $3,293 $237,000 $55,000 $182,000
2014 -- $225,000 $55,000 $170,000
2013 -- $173,000 $57,000 $116,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 690694

Northwest Multiple Listing Service (NWMLS)

APN: 250160-0150