NOT LISTED FOR SALE

3119 2nd Ave SW Federal Way, WA 98023

Estimated Value: $1,188,000 - $1,359,000

0.44 Acre
$2,959,434 Price per Acre
19,166 Sq Ft Lot

Last Sold February 09, 2021

Last sale price $110,000

Est. 1,084% increase in value since last sale

Current estimated payment $8,060/month

4 Days on Market

About This Lot

As of February 2021

Everything is done, just file your building permits! A great building site with many possibilities. Close to schools, shopping & entertainment. Ideal for commuters, close to major routes. NO WETLANDS. Water, power, phone in street. Septic design approved & plans are done! Buyer to verify all to own satisfaction. Bring parcel maps. For GPS use 37006 2ND AVE SW

Last Agent to Sell the Property

Nicolas Lind

Commencement Bay Brokers LLC License #26554 Listed on: 01/18/2021

Co-Listed By

Merac Crawford

Mondau Real Estate License #109142

Last Buyer's Agent

Shari Evans

Better Properties Gig Harbor License #3455

Better Properties Gig Harbor

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1717938

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $10,005

Lot Details

  • Cul-De-Sac
  • Sloped Lot

Property Views

  • Mountain
  • Territorial

Utilities

  • Sewer Not Available

Community Details

  • S Federal Way Community

Listing and Financial Details

  • Assessor Parcel Number 2188203119

Property Details

Property Type

Land

Est. Annual Taxes

$10,005

Lot Details

0

Listing Details

  • Property Type: Lots And Land
  • Property Features: Comm. Grade Timber, Evergreens, Heavily Forested
  • Style: 40 - Res-Less Thn 1 Ac
  • Restrictions: Unknown
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Approved Number of Bedrooms: 3

Exterior Features

  • Road Information: Gravel
  • Road On Which Sideof Property: East
  • View: Mountain, Territorial
  • Water Jurisdiction: Lakehaven

Utilities

  • Electricity: In Street
  • Gas Available: Not Available
  • Septic Approved for Number of Bedrooms: 3
  • Septic Designedand Appliedfor: Y
  • Septic System Type: Drip Irrigation
  • Sewer: Not Available
  • Water: Available, In Street

Condo/Co-op/Association

  • Community Name: S Federal Way

Schools

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

Lot Info

  • General Zoning Classification: Residential
  • Lot Details: Cul-De-Sac, Paved Street
  • Lot Sq Ft: 19000
  • Parcel Number: 2188203119
  • Soils Feasibility Available: Y
  • Survey: See Supplements
  • Topography: Sloped
  • Zoning Jurisdiction: City
  • Zoning Remarks: RS15

Tax Info

  • Tax Amount: 215

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 28, 2025
Sold by
M & C Investors Llc
Bought by
Devarajan Sundararajan and Devarajan Lakshmi Hiriyannaiah
Current Estimated Value
$1,302,151

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$500,000
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$244,295

Purchase Details

Listed on
Jan 18, 2021
Closed on
Feb 6, 2021
Sold by
Trebushnoy Aleksey and Trebushnoy Svetlana
Bought by
M & C Investors Llc
Seller's Agent
Nicolas Lind
Commencement Bay Brokers LLC
Buyer's Agent
Shari Evans
Better Properties Gig Harbor
List Price
$110,000
Sold Price
$110,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
54.73%

Purchase Details

Listed on
Jan 18, 2021
Closed on
Feb 5, 2021
Sold by
Trebushnoy Aleksey and Trebushnoy Svetlana
Bought by
M & C Investors Llc
Seller's Agent
Nicolas Lind
Commencement Bay Brokers LLC
Buyer's Agent
Shari Evans
Better Properties Gig Harbor
List Price
$110,000
Sold Price
$110,000

Purchase Details

Listed on
May 15, 2018
Closed on
Feb 18, 2020
Sold by
Trebushnoy Svetlana
Bought by
Trebushnoy Aleksey
Seller's Agent
Nicolas Lind
Commencement Bay Brokers LLC
Buyer's Agent
Nicolas Lind
Commencement Bay Brokers LLC
List Price
$65,000
Sold Price
$40,000
Premium/Discount to List
-$25,000
-38.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
183.74%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Devarajan Sundararajan $1,359,800 Chicago Title
M & C Investors Llc $110,000 Rainier Title Company
M & C Investors Llc $110,000 Rainier Title
Trebushnoy Aleksey -- First American Title Ins Co
Trebushnoy Aleksey $40,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Devarajan Sundararajan $500,000
Previous Owner Graddon Land Co Inc $102,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2021 02/09/21 Sold $110,000 0.0% --
01/22/2021 01/22/21 Pending -- -- --
01/18/2021 01/18/21 For Sale $110,000 +175.0% --
02/21/2020 02/21/20 Sold $40,000 -11.1% --
01/07/2019 01/07/19 Pending -- -- --
09/11/2018 09/11/18 Price Changed $45,000 -30.8% --
05/15/2018 05/15/18 For Sale $65,000 -- --
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 $10,005 $1,015,000 $123,000 $892,000
2023 $7,845 $722,000 $93,000 $629,000
2022 $1,103 $114,000 $114,000 $0
2021 $216 $100,000 $100,000 $0
2020 $215 $18,000 $18,000 $0
2018 $254 $18,000 $18,000 $0
2017 $254 $18,000 $18,000 $0
2016 $265 $18,000 $18,000 $0
2015 $259 $18,000 $18,000 $0
2014 -- $18,000 $18,000 $0
2013 -- $18,000 $18,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Nicolas Lind

    Seller's Agent in 2021

    Nicolas Lind

    Commencement Bay Brokers LLC

    (253) 851-2897

    278 Total Sales

    Nicolas Lind
    Section Image

  • M

    Seller Co-Listing Agent in 2021

    Merac Crawford

    Mondau Real Estate

    (253) 254-5308

    44 Total Sales

    Merac Crawford
    Section Image
  • Shari Evans

    Buyer's Agent in 2021

    Shari Evans

    Better Properties Gig Harbor

    (360) 509-8866

    65 Total Sales

    Shari Evans
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1717938

Northwest Multiple Listing Service (NWMLS)

APN: 218820-3119

Washington King County Federal Way 98023

3119 2nd Ave SW, Federal Way, WA

This home is located at 3119 2nd Ave SW, Federal Way, WA 98023 since 18 January 2021 and is currently estimated at $1,302,151. 3119 2nd Ave SW is a home located in King County with nearby schools including Enterprise Elementary School, Illahee Middle School, and Todd Beamer 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) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. 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. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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