NOT LISTED FOR SALE

Estimated Value: $1,527,000

6 Acres
$257,071 Price per Acre
258,746 Sq Ft Lot

Last Sold January 18, 2023

Last sale price $1,500,000

Est. 2% increase in value since last sale

Current estimated payment $8,570/month

87 Days on Market

Highlights

  • 5.94 Acre Lot
  • Territorial View
  • Lot Has A Rolling Slope

About This Lot

As of January 2023

Development opportunity in the heart of Federal Way. 5.94 acres near Federal Way High School. Information can be found at City of Federal Way Public Records Request Center. "19-100815-AD"

Last Agent to Sell the Property

Jenny Bemis-Droppert

Better Properties Soundview License #41299 Listed on: 12/16/2020

Last Buyer's Agent

Larry Jassen

Windermere Real Estate/PSR Inc License #4069

Windermere Real Estate/PSR Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1710356

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,503

Lot Details

  • 5.94 Acre Lot
  • Lot Dimensions are 401x663x358x667
  • Lot Has A Rolling Slope
  • Zoning described as RS7.2

Schools

  • Sacajawea Jnr High Middle School
  • Federal Way Snr High School

Additional Features

  • Territorial Views
  • Sewer in Street

Community Details

  • Long Legal Condos
  • Federal Way Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0521049033

Property Details

Property Type

Land

Est. Annual Taxes

$3,503

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • StyleCode: 41 - Res-Over 1 Acre
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Long Legal
  • CalculatedSquareFootage: 0
  • SeniorExemption: false
  • PropertyFeatures: Brush,Evergreens,Lightly Treed
  • Restrictions: Unknown
  • LevelComment: In areas
  • Special Features: None
  • Cumulative Days on Market: 1,422

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • View: Territorial
  • Lot Features: Paved
  • Road Surface Type: Paved
  • View: Yes
  • Waterfront: No
  • Structure Type: Unspecified
  • RoadInformation: Paved
  • RoadOnWhichSide: South
  • WaterJurisdiction: Lakehaven

Garage/Parking

  • Carport Y N: No

Utilities

  • Sewer: In Street
  • Water Source: In Street
  • Electricity On Property: No
  • Utilities: Natural Gas Available, Electricity Available
  • ElectricityStatus: In Street
  • GasStatus: In Street

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Federal Way
  • High School: Federal Way Snr High
  • Middle Or Junior School: Sacajawea Jnr High

Lot Info

  • Parcel Number: 0521049033
  • Topography: Rolling
  • Lot Size Acres: 5.94
  • Lot Size: 401x663x358x667
  • Lot Size Sq Ft: 258746
  • Zoning Description: RS7.2
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: King County
  • ZoningJurisdiction: City
  • ZoningClass: Residential
  • PublicLandSurvey: 5214
  • SlopeComment: North

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2018
  • Tax Annual Amount: 3503

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 25, 2023
Sold by
Copper Ridge Llc
Bought by
Narakulla Devi S and Durbin Ashley N
Total Days on Market
87
Current Estimated Value
$1,527,000

Purchase Details

Listed on
Dec 16, 2020
Closed on
Jan 13, 2023
Sold by
Car-All Llc
Bought by
Copper Ridge Llc
Seller's Agent
Jenny Bemis-Droppert
Better Properties Soundview
Buyer's Agent
Larry Jassen
Windermere Real Estate/PSR Inc
List Price
$1,675,000
Sold Price
$1,500,000
Premium/Discount to List
-$175,000
-10.45%
Views
3

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-14.70%

Purchase Details

Closed on
Aug 12, 1996
Sold by
Morris Gladys E and Elliott Elizabeth Allene
Bought by
More Ell Llc
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
Narakulla Devi S $3,137 None Listed On Document
Copper Ridge Llc $1,500,000 Ticor Title
More Ell Llc -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/18/2023 01/18/23 Sold $1,500,000 -10.4% --
03/13/2021 03/13/21 Pending -- -- --
02/22/2021 02/22/21 For Sale $1,675,000 0.0% --
01/04/2021 01/04/21 Pending -- -- --
12/16/2020 12/16/20 For Sale $1,675,000 -- --
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 $5,602 $611,000 $611,000 --
2023 $4,775 $544,800 $544,800 $0
2022 $4,386 $501,000 $501,000 $0
2021 $4,055 $399,000 $399,000 $0
2020 $3,377 $346,000 $346,000 $0
2018 $3,503 $276,000 $276,000 $0
2017 $3,195 $251,000 $251,000 $0
2016 $3,191 $229,000 $229,000 $0
2015 $3,113 $219,000 $219,000 $0
2014 -- $219,000 $219,000 $0
2013 -- $131,000 $131,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1710356

Northwest Multiple Listing Service (NWMLS)

APN: 052104-9033