NOT LISTED FOR SALE

3124 SW 304th St Federal Way, WA 98023

Twin Lakes Neighborhood

Estimated Value: $705,000 - $951,000

4 Beds
3 Baths
3,010 Sq Ft
$279/Sq Ft Est. Value

Last Sold August 10, 2016

Last sale price $362,500 $120 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $5,320/month

4 Days on Market

Highlights

  • Territorial View
  • 2 Fireplaces
  • Patio
  • Wood Flooring
  • Attached Garage
  • Garden

About This Home

As of August 2016

Investor alert! As-is sale/no warranties. Great opportunity for renovating the inside of a charming spacious custom built home in awesome neighborhood. Nestled on 1/3 acre lot in desirable Lakota area just blocks away from the beach. Beautiful 4 bed, 2.5 bath home with an oversized three car garage & park-like yard with waterfall. Enjoy the outdoors and create your own special place.

Last Listed By

Justin Park

TS Property Management License #120598 Listed on: 06/29/2016

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM968011

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,635

Year Built

  • Built in 1988

Lot Details

  • Property is Fully Fenced
  • Level Lot
  • Garden

Parking

  • Attached Garage

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Tile Roof
  • Wood Siding

Interior Spaces

  • 2 Fireplaces
  • Territorial Views

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

  • Septic System
  • Cable TV Available

Community Details

  • Lakota Community

Listing and Financial Details

  • Assessor Parcel Number 0121039118

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,635

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 10 - 1 Story
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1988
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Built-In Vacuum, Dining Room, Jetted Tub, Vaulted Ceilings, Walk In Pantry, Walk-In Closet
  • Floor Covering: Hardwood, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Bedrooms: 4.00
  • Main Floor Bedrooms: 4
  • Bathrooms: 2.50
  • Total Full Bathrooms: 2
  • Total Half Bathrooms: 1
  • Main Level Full Bathrooms: 2
  • Main Half Bathrooms: 1
  • Master Bedroom: Main
  • Fireplaces: 2
  • Fireplaces Main: 2
  • Den or Office: Main
  • Dining Room: Main
  • Family Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 3010

Exterior Features

  • Exterior: Brick, Wood
  • Foundation: Poured Concrete
  • Roof: Tile
  • View: Territorial

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 3

Utilities

  • Heating And Cooling: Forced Air
  • Power Company: Puget Sound Energy
  • Sewer: Septic
  • Sewer Company: Septic
  • Water Company: Tacoma Public Utilities
  • Water Heater: Garage-Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Lakota

Schools

  • School District: FED

Lot Info

  • Lot Details: Paved Street
  • Lot Sq Ft: 14374
  • Lot Topography Vegetation: Garden Space, Level, Partial Slope
  • Parcel Number: 0121039118
  • Lot Topography: Garden Space, Level, Partial Slope

Tax Info

  • Tax Amount: 5106

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2016
Closed on
Jul 26, 2016
Sold by
Lim Song Am and Lim Jeong Deock
Bought by
Zhou Chuyuan and Chen Shu Ting
Seller's Agent
Justin Park
TS Property Management
Buyer's Agent
Harry Eng
John L. Scott, Inc
List Price
$340,000
Sold Price
$362,500
Premium/Discount to List
$22,500
6.62%
Total Days on Market
4
Current Estimated Value
$840,816

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$478,316
Avg. Annual Appreciation
10.83%

Purchase Details

Closed on
Sep 6, 2001
Sold by
Dennis Craig B and Dennis Geraldine L
Bought by
Lim Song Am and Lim Jeong Deock

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,500
Interest Rate
7%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jul 28, 1992
Sold by
Palsson Mark E and Palsson Rosilyn
Bought by
Dennis Craig B and Dennis Gerladine L

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
Zhou Chuyuan $362,500 First American
Lim Song Am $365,000 Chicago Title
Dennis Craig B $288,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lim Song Am $255,000
Previous Owner Lim Song Am $255,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2016 08/10/16 Sold $362,500 +6.6% $120 / Sq Ft
07/04/2016 07/04/16 Pending -- -- --
06/29/2016 06/29/16 For Sale $340,000 -- $113 / 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 $7,635 $761,000 $197,000 $564,000
2023 $7,485 $688,000 $179,000 $509,000
2022 $6,766 $742,000 $183,000 $559,000
2021 $6,158 $601,000 $167,000 $434,000
2020 $5,884 $513,000 $154,000 $359,000
2018 $5,359 $413,000 $100,000 $313,000
2017 $5,201 $377,000 $94,000 $283,000
2016 $5,106 $366,000 $94,000 $272,000
2015 $4,670 $344,000 $88,000 $256,000
2014 -- $322,000 $82,000 $240,000
2013 -- $293,000 $79,000 $214,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    Justin Park

    TS Property Management

    (253) 334-9845

    25 Total Sales

    Justin Park
    Section Image
  • Harry Eng

    Buyer's Agent in 2016

    Harry Eng

    John L Scott

    (206) 240-9251

    89 Total Sales

    Harry Eng
    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM968011

Northwest Multiple Listing Service (NWMLS)

APN: 012103-9118

Washington King County Federal Way 98023 Twin Lakes

3124 SW 304th St, Federal Way, WA

Homes for Sale in Federal Way, WA

This home is located at 3124 SW 304th St, Federal Way, WA 98023 since 29 June 2016 and is currently estimated at $840,816, approximately $279 per square foot. This property was built in 1988. 3124 SW 304th St is a home located in King County with nearby schools including Adelaide Elementary School, Lakota Middle School, and Decatur 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) 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. ©2025 NWMLS.

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