NOT LISTED FOR SALE

31318 51st Ave SW Federal Way, WA 98023

Twin Lakes Neighborhood

Estimated Value: $651,000 - $810,000

3 Beds
2 Baths
1,680 Sq Ft
$431/Sq Ft Est. Value

About This Home

This home is located at 31318 51st Ave SW, Federal Way, WA 98023 and is currently estimated at $723,645, approximately $430 per square foot. 31318 51st Ave SW is a home located in King County with nearby schools including Twin Lakes Elementary School, Lakota Middle School, and Decatur High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 22, 1995
Sold by
Solomon John A
Bought by
Nielsen Eugene R and Nielsen Pamela J
Current Estimated Value
$723,645

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,624
Interest Rate
8.43%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 17, 1995
Sold by
Solomon Kimberly
Bought by
Solomon John A

Purchase Details

Closed on
Jun 14, 1994
Sold by
Martin Laurence J and Martin Lawrence J
Bought by
Solomon John A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,853
Interest Rate
8.56%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Nielsen Eugene R $110,000 Stewart Title
Solomon John A -- --
Solomon John A $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nielsen Eugene R $150,000
Closed Nielsen Eugene R $164,672
Closed Nielsen Eugene R $90,624
Previous Owner Solomon John A $69,853
Source: Public Records

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 $1,282 $719,000 $287,000 $432,000
2023 $6,856 $650,000 $260,000 $390,000
2022 $6,404 $701,000 $265,000 $436,000
2021 $5,831 $568,000 $241,000 $327,000
2020 $5,570 $485,000 $222,000 $263,000
2018 $5,401 $416,000 $143,000 $273,000
2017 $4,852 $380,000 $134,000 $246,000
2016 $4,553 $341,000 $134,000 $207,000
2015 $4,159 $306,000 $125,000 $181,000
2014 -- $286,000 $117,000 $169,000
2013 -- $260,000 $112,000 $148,000
Source: Public Records

Map

Washington King County Federal Way 98023 Twin Lakes

31318 51st Ave SW, Federal Way, WA

This home is located at 31318 51st Ave SW, Federal Way, WA 98023 and is currently estimated at $723,645, approximately $430 per square foot. 31318 51st Ave SW is a home located in King County with nearby schools including Twin Lakes Elementary School, Lakota Middle School, and Decatur High School.

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