NOT LISTED FOR SALE

31405 48th Place SW Federal Way, WA 98023

Twin Lakes Neighborhood

Estimated Value: $595,000 - $648,000

3 Beds
3 Baths
1,920 Sq Ft
$325/Sq Ft Est. Value

Last Sold May 08, 2014

Last sale price $255,000 $133 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $3,973/month

121 Days on Market

About This Home

As of May 2014

Fabulous home in the Federal Way area is move-in ready and waiting for YOU! Walk in to vaulted ceilings and a spacious interior. Kitchen has room for all your cooking needs with plenty of storage and plenty of counter space. Master has his and her closet closets full bath with jetted tub. Close to freeways, schools, shopping and more!!.~Seller may pay up to 3% towards buyer's closing costs + offer up to $500 home warranty credit for owner occupied, financed

Last Agent to Sell the Property

Mitzi Cameron

Camano Island Real Estate License #2183 Listed on: 10/29/2013

Co-Listed By

Angela Coatney

Camano Island Real Estate License #109986

Last Buyer's Agent

Nikki Wiley

Better Properties N. Proctor

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM560561

Northwest Multiple Listing Service (NWMLS)

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2013
Closed on
May 2, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Brooks Kimberly
Seller's Agent
Mitzi Cameron
Camano Island Real Estate
Buyer's Agent
Nikki Wiley
Better Properties N. Proctor
List Price
$255,000
Sold Price
$255,000
Total Days on Market
121
Current Estimated Value
$623,376

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$368,376
Avg. Annual Appreciation
8.39%
Original Mortgage
$8,925
Interest Rate
4.38%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 6, 2013
Sold by
Marion Patrick J and Marion Patrick Joseph
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Dec 28, 1998
Sold by
Marion Donna Marie
Bought by
Marion Patrick Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,238
Interest Rate
6.63%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 21, 1995
Sold by
Barnett Troy A and Baggaley Elizabeth B
Bought by
Marion Patrick J and Marion Donna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,300
Interest Rate
9.23%
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
Brooks Kimberly $255,000 First American
Federal Home Loan Mortgage Corp $210,111 1St Am
Marion Patrick Joseph -- Pacific Northwest Title
Marion Patrick J $161,450 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brooks Kimberly $300,000
Closed Brooks Kimberly $8,925
Closed Brooks Kimberly $250,381
Previous Owner Marion Patrick J $216,000
Previous Owner Marion Patrick Joseph $24,238
Previous Owner Marion Patrick J $145,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2014 05/08/14 Sold $255,000 0.0% $133 / Sq Ft
02/28/2014 02/28/14 Pending -- -- --
02/25/2014 02/25/14 For Sale $255,000 0.0% $133 / Sq Ft
02/14/2014 02/14/14 Pending -- -- --
02/03/2014 02/03/14 For Sale $255,000 0.0% $133 / Sq Ft
01/30/2014 01/30/14 Pending -- -- --
01/03/2014 01/03/14 Price Changed $255,000 -0.4% $133 / Sq Ft
01/03/2014 01/03/14 Price Changed $255,900 -6.9% $133 / Sq Ft
12/02/2013 12/02/13 Price Changed $274,900 -5.2% $143 / Sq Ft
10/29/2013 10/29/13 For Sale $289,900 -- $151 / 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 $5,691 $569,000 $188,000 $381,000
2023 $5,476 $515,000 $171,000 $344,000
2022 $5,120 $556,000 $174,000 $382,000
2021 $4,661 $451,000 $159,000 $292,000
2020 $4,450 $385,000 $146,000 $239,000
2018 $4,634 $356,000 $118,000 $238,000
2017 $4,156 $325,000 $111,000 $214,000
2016 $4,087 $291,000 $111,000 $180,000
2015 $3,733 $274,000 $103,000 $171,000
2014 -- $256,000 $96,000 $160,000
2013 -- $233,000 $92,000 $141,000
Source: Public Records

Agents Affiliated with this Home

  • Mitzi Cameron

    Seller's Agent in 2014

    Mitzi Cameron

    Camano Island Real Estate

    (425) 308-1188

    55 Total Sales

    Mitzi Cameron
    Section Image
  • Angela Coatney

    Seller Co-Listing Agent in 2014

    Angela Coatney

    Camano Island Real Estate

    (425) 583-8770

    62 Total Sales

    Angela Coatney
    Section Image
  • Nikki Wiley

    Buyer's Agent in 2014

    Nikki Wiley

    Better Properties N. Proctor

    13 Total Sales

    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM560561

Northwest Multiple Listing Service (NWMLS)

APN: 211572-0110

Washington King County Federal Way 98023 Twin Lakes

31405 48th Place SW, Federal Way, WA

This home is located at 31405 48th Place SW, Federal Way, WA 98023 since 29 October 2013 and is currently estimated at $623,376, approximately $324 per square foot. This property was built in 1987. 31405 48th Place SW is a home located in King County with nearby schools including Twin Lakes 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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