NOT LISTED FOR SALE

Estimated Value: $481,000 - $521,000

3 Beds
1 Bath
1,300 Sq Ft
$385/Sq Ft Est. Value

Last Sold October 15, 2021

Last sale price $418,000 $322 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,110/month

3 Days on Market

Highlights

  • RV Access or Parking
  • Territorial View
  • Cul-De-Sac
  • Deck
  • 2 Fireplaces
  • 4-minute walk to Mirror Lake Park

About This Home

As of October 2021

Newly renovated ADU studio apartment attached to a very nice single-family home. Bright sunny room with beautiful kitchen. Laundry hookups with complementary washer already installed. Access to large backyard with deck. Live in a great neighborhood with access to I-5, shops, and restaurants nearby. Garage parking included. $50 reduction in rent if parking space is not needed.

Pets: No pets allowed
Utilities: Tenants is in charge of share of electricity, gas, water, trash, and internet. Utilities will be billed at a flat rate of $120/month

Location and Neighborhood: Located in Federal Way, this home is close to numerous amenities. Enjoy the convenience of nearby grocery stores, shopping centers, restaurants, and parks. The property is situated in a quiet area with easy access to highways, downtown, and public transit.

Don't miss out on this charming home! Contact us today to schedule a viewing and experience the comfort and convenience of this exceptional property for yourself!

Lease Terms and Application:
Lease Terms: 12 months, available for move-in now
Platform Fee: $45 per adult (non-refundable)
Security Deposit: Equal to 1x the monthly rent based upon approved credit
Qualifications: Renters should have a minimum credit score of 650 or above and a gross income of at least 3x the monthly rent
Lease Start: Preference will be given to applicants with the earliest start date
Section 8 or Housing Vouchers are accepted. If approved, the process may take up to 30 days based on the Housing Authority timeline
Please view our statement of Rental Policy for further details

Last Agent to Sell the Property

Jennifer Schaewe

Terrafin License #141013 Listed on: 09/27/2021

Terrafin

Co-Listed By

Stephanie Schaewe

Terrafin License #86109

Last Buyer's Agent

Susan Hou

AgencyOne License #9359

AgencyOne

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1845442

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,711

Year Built

  • Built in 1968

Lot Details

  • Cul-De-Sac
  • Street terminates at a dead end
  • Property is Fully Fenced
  • Level Lot

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2 Fireplaces
  • Territorial Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Laundry

  • Dryer
  • Washer

Parking

  • Attached Garage
  • RV Access or Parking

Outdoor Features

  • Deck
  • Patio
  • Outbuilding

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Federal Way Community

Listing and Financial Details

  • Assessor Parcel Number 8582200110

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,711

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 10 - 1 Story
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1968
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Dbl Pane/Storm Windw, Dining Room
  • Floor Covering: Laminate, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 3
  • Bathrooms: 1.00
  • Total Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Master Bedroom: Main
  • Fireplaces: 2
  • Fireplaces Main: 2
  • Dining Room: Main
  • Kitchen: Main
  • Living Room: Main
  • Recreation Room: Main
  • Estimated Sq Ft: 1300
  • Square Footage Finished: 1300

Exterior Features

  • Exterior: Wood
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Parking Type: Garage-Attached, K
  • Total Covered Parking: 1

Utilities

  • Heating And Cooling: Forced Air
  • Power Company: Puget Sound Energy
  • Sewer: Sewer Connected
  • Sewer Company: Lakehaven
  • Water Company: Lakehaven
  • Water Heater: Rec Room Closet-Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Federal Way
  • Community Features: J, K

Schools

  • Elementary School: Mirror Lake Elem
  • Middle School: Sacajawea Jnr High
  • High School: Federal Way Snr High
  • School District: FED

Lot Info

  • Lot Details: Cul-De-Sac, Curbs, Dead End Street, Paved Street
  • Lot Sq Ft: 8750
  • Lot Topography Vegetation: Level
  • Parcel Number: 8582200110
  • Lot Topography: Level

Tax Info

  • Tax Amount: 3631

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2021
Closed on
Oct 13, 2021
Sold by
Godina Melvin
Bought by
Federal Way Estates Llc
Seller's Agent
Jennifer Schaewe
Terrafin
Buyer's Agent
Susan Hou
AgencyOne
List Price
$415,000
Sold Price
$418,000
Premium/Discount to List
$3,000
0.72%
Current Estimated Value
$496,122

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,122
Avg. Annual Appreciation
4.47%
Original Mortgage
$155,000
Interest Rate
2.8%
Mortgage Type
Unknown

Purchase Details

Listed on
Sep 27, 2021
Closed on
Aug 24, 2021
Sold by
Godina Wendy
Bought by
Godina Melvin
Seller's Agent
Jennifer Schaewe
Terrafin
Buyer's Agent
Susan Hou
AgencyOne
List Price
$415,000
Sold Price
$418,000
Premium/Discount to List
$3,000
0.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
2.8%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 19, 1993
Sold by
Hutchison Ronald G and Hutchison Patricia A
Bought by
Godina Melvin and Godina Wendy
Source: Public Records

Range of Values:

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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
Federal Way Estates Llc $418,000 Ticor Title
Godina Melvin -- None Available
Godina Melvin $101,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Godina Melvin $155,000
Previous Owner Godina Melvin $168,000
Previous Owner Godina Melvin $178,600
Previous Owner Godina Melvin R $152,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2024 10/08/24 Off Market $1,200 -- --
09/12/2024 09/12/24 Price Changed $1,200 -7.7% $3 / Sq Ft
08/26/2024 08/26/24 For Rent $1,300 0.0% --
10/15/2021 10/15/21 Sold $418,000 +0.7% $322 / Sq Ft
09/30/2021 09/30/21 Pending -- -- --
09/27/2021 09/27/21 For Sale $415,000 -- $319 / 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 $4,711 $467,000 $174,000 $293,000
2023 $4,553 $423,000 $157,000 $266,000
2022 $4,143 $459,000 $143,000 $316,000
2021 $3,631 $362,000 $114,000 $248,000
2020 $3,343 $297,000 $93,000 $204,000
2018 $3,380 $265,000 $75,000 $190,000
2017 $2,888 $235,000 $69,000 $166,000
2016 $2,807 $200,000 $63,000 $137,000
2015 $2,611 $186,000 $60,000 $126,000
2014 -- $177,000 $60,000 $117,000
2013 -- $150,000 $73,000 $77,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1845442

Northwest Multiple Listing Service (NWMLS)

APN: 858220-0110