NOT LISTED FOR SALE

304 SW 316th St Federal Way, WA 98023

Mirror Lake Neighborhood

Estimated Value: $588,000 - $636,000

3 Beds
2 Baths
1,860 Sq Ft
$329/Sq Ft Est. Value

Last Sold June 24, 2014

Last sale price $275,000 $148 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $3,864/month

118 Days on Market

About This Home

As of June 2014

Very rare opportunity to have a well maintained rambler on a large private lot with outbuildings and RV parking. Quiet neighborhood with tremendous privacy & community. Pride of ownership shines throughout. New windows, doors, some appliances, outbuildings etc. Nicely designed large kitchen with island that opens to the family room.

Last Listed By

Rob Frishholz

Windermere West Metro License #11983 Listed on: 11/22/2013

Windermere West Metro

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM568727

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

Other

Est. Annual Taxes

$5,469

Year Built

1971

Lot Details

0

Listing Details

  • Condition: Good
  • Sq Ft Finished: 1860
  • Form 17: Provided
  • Special Features: None
  • Year Built: 1971

Interior Features

  • Appliances: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Trash Compactor, Washer
  • Features: Ceiling Fan(s), Double Pane/Storm Window, Dining Room, Skylights
  • Floor: Vinyl, Wall to Wall Carpet

Exterior Features

  • Roof: Composition
  • Exterior: Metal/Vinyl
  • Foundation: Poured Concrete
  • Lot Details: Dead End Street, Open Space, Paved Street, Secluded
  • Roof: Composition
  • Site Features: Outbuildings, Patio, RV Parking, Shop
  • Lot Topography: Garden Space, Level

Garage/Parking

  • Parking Type: Carport-Detached, Off Street
  • Total Covered Spaces: 1

Utilities

  • Cooling: Forced Air
  • Heating: Forced Air
  • Appliances: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Trash Compactor, Washer
  • Heating and Cooling: Forced Air, Heat Pump
  • Power Company: Puget Sound Energy
  • Sewer: Connected
  • Sewer Company: Lake Haven
  • Water Company: Lake Haven
  • Water Source: Community

Schools

  • School District: FED
  • Elementary School: Lake Grove Elem
  • Middle School: Lakota Mid Sch
  • High School: Federal Way Snr High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2013
Closed on
Jun 19, 2014
Sold by
Hankemeier Robert E
Bought by
Yoo Eun Young
Seller's Agent
Rob Frishholz
Windermere West Metro
Buyer's Agent
James Kwon
Professional Realty Services
List Price
$289,990
Sold Price
$275,000
Premium/Discount to List
-$14,990
-5.17%
Total Days on Market
118
Current Estimated Value
$611,701

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$336,701
Avg. Annual Appreciation
7.82%
Original Mortgage
$228,937
Outstanding Balance
$174,771
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$450,902

Purchase Details

Closed on
Sep 19, 2000
Sold by
Carlson Donald L and Carlson Roxanne R
Bought by
Hankemeier Robert E and Hankemeier Nancy

Range of Values:

Collateral Analytics

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ICE

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First American

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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
Yoo Eun Young $275,000 First American
Hankemeier Robert E $199,950 Commonwealth Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yoo Eun Young $12,291
Open Yoo Eun Young $30,000
Open Yoo Eun Young $228,937
Previous Owner Hankemeier Robert E $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2014 06/24/14 Sold $275,000 0.0% $148 / Sq Ft
03/21/2014 03/21/14 Pending -- -- --
03/13/2014 03/13/14 Price Changed $275,000 -5.2% $148 / Sq Ft
11/22/2013 11/22/13 For Sale $289,990 -- $156 / 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 $5,469 $548,000 $183,000 $365,000
2023 $5,314 $496,000 $165,000 $331,000
2022 $4,857 $539,000 $150,000 $389,000
2021 $4,883 $427,000 $120,000 $307,000
2020 $4,509 $404,000 $106,000 $298,000
2018 $4,565 $361,000 $85,000 $276,000
2017 $3,891 $320,000 $78,000 $242,000
2016 $3,781 $272,000 $71,000 $201,000
2015 $3,506 $253,000 $68,000 $185,000
2014 -- $240,000 $68,000 $172,000
2013 -- $174,000 $68,000 $106,000
Source: Public Records

Agents Affiliated with this Home

  • Rob Frishholz

    Seller's Agent in 2014

    Rob Frishholz

    Windermere Corporate

    (206) 499-5900

    93 Total Sales

    Rob Frishholz
    Section Image

  • J

    Buyer's Agent in 2014

    James Kwon

    Professional Realty Services

    (253) 632-4989

    3 Total Sales

    James Kwon
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM568727

Northwest Multiple Listing Service (NWMLS)

APN: 072104-9207

Washington King County Federal Way 98023 Mirror Lake

304 SW 316th St, Federal Way, WA

Homes for Sale in Federal Way, WA

This home is located at 304 SW 316th St, Federal Way, WA 98023 since 22 November 2013 and is currently estimated at $611,701, approximately $328 per square foot. This property was built in 1971. 304 SW 316th St is a home located in King County with nearby schools including Lake Grove Elementary School, Lakota Middle School, and Federal Way 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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