NOT LISTED FOR SALE

Estimated Value: $570,000 - $586,000

3 Beds
2 Baths
1,210 Sq Ft
$478/Sq Ft Est. Value

Last Sold February 18, 2022

Last sale price $550,000 $455 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,804/month

8 Days on Market

Highlights

  • New Construction
  • Clubhouse
  • Property is near public transit
  • Craftsman Architecture
  • Deck
  • Vaulted Ceiling

About This Home

As of February 2022

PRESALE of last 2 homes at the Mirror Lake Highland cottage housing pocket neighborhood, Puget Sounds 2021 COMMUNITY OF THE YEAR! Quaint,"right sized"craftsman bungalows by award winning architect/builder, The Nexus Studio, for February occupancy. Incredibly efficient CUSTOM HOME QUALITY, MASTER on MAIN design that lives large with vaulted ceiling and open kitchen. Neighborhood provides security, community & low cost green lifestyle. Site features LID open space with owners Common Building. Large covered front porch and 2 of 3 bedrooms with private decks truly bring the outdoors in. 3rd bedroom is optioned as open loft/office. Near city center, bus, medical, parks & Puget Sound. Photos are of similar model not an exact replication of home.

Last Listed By

William McCaffrey

Homes & Equity Real Estate Grp License #118209 Listed on: 01/12/2022

Homes & Equity Real Estate Grp

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1877708

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,467

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 1,953 Sq Ft Lot
  • Open Space
  • Street terminates at a dead end
  • West Facing Home
  • Partially Fenced Property
  • Sloped Lot
  • Sprinkler System
  • Property is in very good condition
  • Zoning described as Cottage Housing Ordinance

HOA Fees

  • $125 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Craftsman Architecture
  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 1,210 Sq Ft Home
  • 1.5-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • French Doors
  • Loft
  • Storm Windows

Kitchen

  • Oven or Range
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Vinyl Plank

Bedrooms and Bathrooms

  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Schools

  • Lake Grove Elementary School
  • Lakota Mid Sch Middle School
  • Federal Way Snr High School

Utilities

  • Mini Split Air Conditioners
  • Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Deck
  • Property is near public transit

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 5557900070

Community Details

Overview

  • Built by The Nexus Studio, Inc
  • Mirror Lake Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Clubhouse

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,467

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$125 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 11 - 1 1/2 Story
  • Year Built: 2022
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,Microwave,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Craftsman
  • Building Name: Mirror Lake Highland
  • New Construction: Yes
  • CalculatedSquareFootage: 1210
  • SeniorExemption: false
  • EstimatedCompletionDate: 2022-02-02
  • NewConstruction: Under Construction
  • Special Features: NewHome
  • Cumulative Days on Market: 1,192

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Dryer, Disposal, Microwave, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Vinyl Plank, Carpet
  • Interior Amenities: Ductless HP-Mini Split, Wall to Wall Carpet, Bath Off Primary, Ceiling Fan(s), Double Pane/Storm Window, French Doors, Loft, Skylight(s), Vaulted Ceiling(s), Walk-In Closet(s), Water Heater
  • Living Area: 1210
  • Main Level Bedrooms: 1
  • Bathrooms: 1.75
  • BathsFullMain: 0
  • SquareFootageFinished: 1210
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 1
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 2
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Microwave,Refrigerator,Stove/Range,Washer

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Dead End Street, Open Space, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Builder Name: The Nexus Studio, Inc
  • Direction Faces: West
  • Exterior Features: Cement Planked
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: House
  • BusLineNearby: true

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Off Street

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Electricity Available, Natural Gas Connected, Common Area Maintenance, Garbage
  • HeatingCoolingType: Ductless HP-Mini Split
  • PowerCompany: Puget Sound Energy
  • SewerCompany: Lakehaven
  • WaterCompany: Lakehaven
  • WaterHeaterLocation: Exterior
  • WaterHeaterType: Tankless

Condo/Co-op/Association

  • Community Features: CCRs, Club House
  • Senior Community: No
  • Association Fee: 125
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Common Interest: Residential

Schools

  • Junior High Dist: Federal Way
  • High School: Federal Way Snr High
  • Middle Or Junior School: Lakota Mid Sch

Lot Info

  • Parcel Number: 5557900070
  • Topography: Sloped
  • Land Lease: No
  • Lot Size Acres: 0.0448
  • Lot Size: approx 38x52
  • Lot Size Sq Ft: 1953
  • Zoning Description: Cottage Housing Ordinance
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,Gas Available,High Speed Internet,Sprinkler System
  • MLSLotSizeSource: Developer
  • MLSSquareFootageSource: Builder
  • ZoningJurisdiction: City
  • LotNumber: 7

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2021
  • Tax Annual Amount: 1

Multi Family

  • EnergySource: Electric,Natural Gas

MLS Schools

  • Elementary School: Lake Grove Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2022
Closed on
Feb 14, 2022
Sold by
Mirror Lake Highland Llc
Bought by
Ohlde Kristen
Seller's Agent
William McCaffrey
Homes & Equity Real Estate Grp
Buyer's Agent
Leah Kennedy
Redfin
List Price
$520,000
Sold Price
$550,000
Premium/Discount to List
$30,000
5.77%
Total Days on Market
8
Current Estimated Value
$578,570

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,570
Avg. Annual Appreciation
1.23%
Original Mortgage
$455,000
Outstanding Balance
$428,078
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$144,131

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
Ohlde Kristen $550,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ohlde Kristen $455,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2022 02/18/22 Sold $550,000 +5.8% $455 / Sq Ft
01/20/2022 01/20/22 Pending -- -- --
01/12/2022 01/12/22 For Sale $520,000 -- $430 / 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 $5,467 $554,000 $165,000 $389,000
2023 $1,300 $149,000 $149,000 $0
2022 $1,202 $136,000 $136,000 $0
2021 $1,023 $109,000 $109,000 $0
2020 $856 $87,000 $87,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1877708

Northwest Multiple Listing Service (NWMLS)

APN: 555790-0070