Listed by Terry Wise & Associates, Bought with Terry Wise & Associates
$435,000
SOLD MAR 14, 2025
3 Beds
2 Baths
1,740 Sq Ft
0.49 Acres

Recently Sold

$250 Per Sq Ft

Highlights

  • 38 Feet of Waterfront
  • Lake View
  • Deck
  • RV Access or Parking
  • 0.49 Acre Lot
  • Wood Burning Stove

About This Home

As of March 2025

This home is located at 31400 7th Place SW, Federal Way, WA 98023 and is currently priced at $435,000, approximately $250 per square foot. This property was built in 1968. 31400 7th Place SW is a home located in King County with nearby schools including Lake Grove Elementary School, Lakota Middle School, and Federal Way High School.

Last Agent to Sell the Property

Shawn Maxey

Terry Wise & Associates License #74359

Terry Wise & Associates

Co-Listed By

Angelique Nespoli

Terry Wise & Associates License #139082

Last Buyer's Agent

Sean Ryan

Terry Wise & Associates License #24011936

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2348633

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,242

Year Built

  • Built in 1968

Lot Details

  • 0.49 Acre Lot
  • Lot Dimensions are 38x457x56x460
  • 38 Feet of Waterfront
  • Partially Fenced Property
  • Lot Has A Rolling Slope
  • Garden

Parking

  • 2 Car Attached Garage
  • RV Access or Parking

Home Design

  • Traditional Architecture
  • Concrete Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,740 Sq Ft Home
  • 1-Story Property
  • 2 Fireplaces
  • Wood Burning Stove
  • Self Contained Fireplace Unit Or Insert
  • Electric Fireplace
  • Gas Fireplace
  • Dining Room
  • Lake Views
  • Storm Windows

Kitchen

  • Stove
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Slate Flooring
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Bathroom on Main Level

Outdoor Features

  • Deck
  • Patio

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Federal Way Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5592001150

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,242

Year Built

Built in 1968

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 10 - 1 Story
  • Year Built: 1968
  • Inclusions: Dishwasher(s),Garbage Disposal,Stove(s)/Range(s)
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Traditional
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1740
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • DetachedDwellingSqFtFinished: 0
  • Special Features: None

Interior Features

  • Fireplaces: 2
  • Basement: None
  • Appliances: Dishwasher(s), Disposal, Stove(s)/Range(s)
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace Features: Electric, Gas
  • Fireplace: Yes
  • Flooring: Slate, Vinyl, Carpet
  • Interior Amenities: Bath Off Primary, Double Pane/Storm Window, Dining Room, Fireplace, Wall to Wall Carpet, Water Heater
  • Living Area: 1740
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Bathrooms: 1.75
  • BathsFullMain: 1
  • FireplacesMain: 2
  • SquareFootageFinished: 1740
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher(s),Garbage Disposal,Stove(s)/Range(s)
  • NWM_NumberOfBathtubs: 1
  • NWM_NumberOfShowers: 2

Exterior Features

  • Roof: Composition
  • View: Lake
  • Lot Features: Paved
  • View: Yes
  • Waterfront Features: No Bank
  • Waterfront: Yes
  • Construction Type: Wood
  • Exterior Features: Wood
  • Foundation Details: Concrete Ribbon
  • Structure Type: House
  • WaterfrontFootage: 38 feet

Garage/Parking

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

Utilities

  • Sewer: Available
  • Water Source: Public
  • Cooling: Forced Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Insert, Stove/Free Standing
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: Lakehaven
  • WaterCompany: Lakehaven
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Gas

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Parcel Number: 5592001150
  • Topography: Partial Slope,Rolling
  • Land Lease: No
  • Lot Size Acres: 0.4942
  • Lot Size: 38x457x56x460
  • Lot Size Sq Ft: 21526
  • Zoning: RS 7.2
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,Patio,RV Parking,Shop
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric, Natural Gas

Tax Info

  • Year: 2024
  • Tax Annual Amount: 7242

Multi Family

  • EnergySource: Electric,Natural Gas

MLS Schools

  • Elementary School: Lake Grove Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 27, 2010
Sold by
Frank Dana Marjorie L and Stucki Louise F
Bought by
Mowery Rea M and Mowery Reiko H
Total Days on Market
0

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$369,814
Interest Rate
4.91%
Mortgage Type
VA

Purchase Details

Closed on
Sep 24, 1987
Sold by
Frank Marjorie L
Bought by
Dana Marjorie and Tripp Celia $T

Map

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 Type Sale Price Title Company
Warranty Deed $358,000 Ticor National
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $331,361 VA
Previous Owner $369,814 VA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2025 03/14/25 Sold $435,000 0.0% $250 / Sq Ft
03/14/2025 03/14/25 For Sale $435,000 -- $250 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

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 $7,198 $734,000 $249,000 $485,000
2023 $5,781 $665,000 $225,000 $440,000
2022 $5,285 $588,000 $205,000 $383,000
2021 $6,346 $466,000 $164,000 $302,000
2020 $5,861 $529,000 $163,000 $366,000
2018 $5,945 $472,000 $130,000 $342,000
2017 $5,061 $419,000 $119,000 $300,000
2016 $4,495 $356,000 $109,000 $247,000
2015 $4,173 $302,000 $104,000 $198,000
2014 -- $287,000 $104,000 $183,000
2013 -- $209,000 $92,000 $117,000
Source: Public Records

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2348633

Northwest Multiple Listing Service (NWMLS)

APN: 555920-0115