NOT LISTED FOR SALE

Estimated Value: $518,000 - $730,774

2 Beds
2 Baths
1,420 Sq Ft
$443/Sq Ft Est. Value

Last Sold April 18, 2022

Last sale price $764,000 $538 Per Sq Ft

Est. 18% decrease in value since last sale

Current estimated payment $3,968/month

7 Days on Market

Highlights

  • 40 Feet of Waterfront
  • Lake View
  • Property is near public transit
  • RV Access or Parking
  • Deck
  • 3-minute walk to Lake Grove Park

About This Home

As of April 2022

Lakefront home with amazing sunset views is fully renovated & ready to make your dream of "lake life" a reality! As soon as you enter the gate you feel a million miles from the hustle and bustle, but you still have easy access to shopping, dining + highways. Step out your door and go fishing, swimming, + SUP-boarding! Main living/dining space and main bedroom all take advantage of the lake view. Refinished original hardwoods on the main level. Rustic wood look tile in the luxurious remodeled bathroom with fantasy worthy soaker tub. Custom remodeled kitchen with new everything + designer full height tile backsplash. Covered view deck off of main bedroom. New plumbing, electrical, Hardie siding... Just move in and make yourself at home!

Last Listed By

Chelsey Gerisilo

John L. Scott, Inc License #2745 Listed on: 03/15/2022

John L. Scott, Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1901460

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,579

Year Built

  • Built in 1943

Lot Details

  • 0.38 Acre Lot
  • 40 Feet of Waterfront
  • Lake Front
  • Gated Home
  • Property is Fully Fenced
  • Brush Vegetation
  • Corner Lot
  • Level Lot
  • Sprinkler System
  • Garden
  • Zoning described as RS7.2

HOA Fees

  • $5 Monthly HOA Fees

Property Views

  • Lake
  • Territorial

Home Design

  • Block Foundation
  • Slab Foundation
  • Composition Roof
  • Wood Siding
  • Stone Siding

Interior Spaces

  • 1,420 Sq Ft Home
  • 2-Story Property
  • Skylights
  • Dining Room
  • Storm Windows

Kitchen

  • Oven or Range
  • Stove
  • Microwave

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Off-Street Parking
  • RV Access or Parking

Outdoor Features

  • Deck
  • Patio
  • Outbuilding

Location

  • Property is near public transit

Schools

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

Utilities

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

Community Details

  • *Optional Association
  • Mirror Lake Subdivision

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number 5559200065

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,579

Year Built

Built in 1943

Lot Details

0

HOA Fees

$5 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 12 - 2 Story
  • Year Built: 1943
  • Inclusions: Dryer,Microwave,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Mirror Lake
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 1420
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • Special Features: None
  • Cumulative Days on Market: 1,133

Interior Features

  • Basement: None
  • Appliances: Dryer, Microwave, Stove/Range, Washer
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Heat Pump, Ductless HP-Mini Split, Ceramic Tile, Hardwood, Wall to Wall Carpet, Double Pane/Storm Window, Dining Room, Skylight(s), Water Heater
  • Living Area: 1420
  • Bathrooms: 1.75
  • BathsFullMain: 0
  • SquareFootageFinished: 1420
  • 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: Dryer,Microwave,Stove/Range,Washer

Exterior Features

  • Roof: Composition
  • View: Lake, Territorial
  • Lot Features: Corner Lot, Paved
  • View: Yes
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Exterior Features: Stone, Wood
  • Foundation Details: Post & Block, Slab
  • Structure Type: House
  • BusLineNearby: true
  • WaterfrontFootage: 40

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: RV Parking, Detached Garage, Off Street
  • Total Parking Spaces: 2

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 65
  • Association Fee Frequency: Annually
  • Association: Yes
  • AssociationContactName: *Optional

Schools

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

Lot Info

  • Parcel Number: 5559200065
  • Topography: Level,PartialSlope,Terraces
  • Land Lease: No
  • Lot Size Acres: 0.3765
  • Lot Size Sq Ft: 16400
  • Zoning Description: RS7.2
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Fully,Gated Entry,High Speed Internet,Outbuildings,Patio,RV Parking,Sprinkler System
  • MLSLotSizeSource: Public Records
  • MLSSquareFootageSource: Public Records
  • LotNumber: 13

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2021
  • Tax Annual Amount: 4579

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
Mar 15, 2022
Closed on
Apr 11, 2022
Sold by
Rustan Jennifer M and Rustan Daniel K
Bought by
Li Shawn H and Wang Xin
Seller's Agent
Chelsey Gerisilo
John L. Scott, Inc
Buyer's Agent
Shepard Fei
John L. Scott, Inc.
List Price
$699,900
Sold Price
$764,000
Premium/Discount to List
$64,100
9.16%
Total Days on Market
7
Current Estimated Value
$628,944

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$135,056
Avg. Annual Appreciation
-7.09%

Purchase Details

Listed on
Oct 20, 2017
Closed on
Jan 5, 2018
Sold by
Mineard Monte R and Mineard Julie A
Bought by
Rustan Jennifer M and Rustan Daniel K
Seller's Agent
Julie Hora
Keller Williams Realty PS
Buyer's Agent
Chelsey Gerisilo
John L. Scott, Inc
List Price
$469,999
Sold Price
$439,999
Premium/Discount to List
-$30,000
-6.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.79%
Original Mortgage
$431,521
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 3, 2015
Closed on
May 7, 2015
Sold by
Spence Duncan L and Spence Stephanie E
Bought by
Mineard Monte R and Mineard Julie A
Seller's Agent
Brad Kenning
John L. Scott, Inc
Buyer's Agent
Michelle Harold
FirstPoint Real Estate LLC
List Price
$315,000
Sold Price
$306,500
Premium/Discount to List
-$8,500
-2.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.50%
Original Mortgage
$291,175
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 2007
Sold by
Spence Duncan L
Bought by
Spence Duncan L and Spence Stephanie E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.67%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Nov 15, 2001
Sold by
Spence Stephanie
Bought by
Spence Duncan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,900
Interest Rate
6.57%

Purchase Details

Closed on
Sep 29, 1999
Sold by
Langley Myron E and Langley Lynda J Johanson
Bought by
Spence Duncan L and Spence Stephanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,100
Interest Rate
7.97%

Purchase Details

Closed on
Jun 11, 1993
Sold by
Kezele Victor and Virginia+Rudd W+
Bought by
Langley Myron E and Langley Lynda J

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
Li Shawn H $764,000 Old Republic Title
Rustan Jennifer M -- Old Republic Title Ltd
Mineard Monte R $306,500 Old Republic T
Spence Duncan L -- None Available
Spence Duncan L -- Transnation Title Insurance
Spence Duncan L $149,000 Commonwealth Land Title Ins
Langley Myron E $111,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rustan Daniel K $544,000
Previous Owner Rustan Daniel K $415,650
Previous Owner Rustan Jennifer M $431,521
Previous Owner Mineard Monte R $291,175
Previous Owner Spence Duncan L $225,000
Previous Owner Spence Duncan L $77,800
Previous Owner Spence Duncan L $200,000
Previous Owner Spence Duncan L $133,900
Previous Owner Spence Duncan L $134,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2022 04/18/22 Sold $764,000 +9.2% $538 / Sq Ft
03/22/2022 03/22/22 Pending -- -- --
03/15/2022 03/15/22 For Sale $699,900 +59.1% $493 / Sq Ft
01/10/2018 01/10/18 Sold $439,999 0.0% $310 / Sq Ft
11/27/2017 11/27/17 Pending -- -- --
11/21/2017 11/21/17 Price Changed $439,999 -2.2% $310 / Sq Ft
11/10/2017 11/10/17 Price Changed $449,999 -2.2% $317 / Sq Ft
11/03/2017 11/03/17 Price Changed $459,999 -2.1% $324 / Sq Ft
10/20/2017 10/20/17 For Sale $469,999 +53.3% $331 / Sq Ft
05/12/2015 05/12/15 Sold $306,500 -2.7% $216 / Sq Ft
04/10/2015 04/10/15 Pending -- -- --
04/03/2015 04/03/15 For Sale $315,000 -- $222 / 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 $5,504 $555,000 $219,000 $336,000
2023 $4,420 $503,000 $198,000 $305,000
2022 $4,045 $445,000 $180,000 $265,000
2021 $4,579 $353,000 $144,000 $209,000
2020 $4,217 $378,000 $142,000 $236,000
2018 $4,272 $337,000 $114,000 $223,000
2017 $3,640 $299,000 $104,000 $195,000
2016 $3,243 $254,000 $95,000 $159,000
2015 $3,009 $216,000 $91,000 $125,000
2014 -- $205,000 $91,000 $114,000
2013 -- $174,000 $92,000 $82,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1901460

Northwest Multiple Listing Service (NWMLS)

APN: 555920-0065