$289,950
SOLD AUG 25, 2014

31415 48th Place SW Federal Way, WA 98023

Twin Lakes Neighborhood
3 Beds
3 Baths
2,070 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$140 Per Sq Ft

1 Day on Market

About This Home

As of February 2017

Westbury...a quiet, destination neighborhood. Incredible 2 story offers extensive, gleaming hardwd floors newly refinished, fresh int paint, new carpet & many other updates. Soaring ceilings, abundant natural light & A/C make this a welcoming place to be. Huge kitchen w/glass & stone mosaic backsplash, new SS appl & 2 pantries; spacious liv rm w/gas fpl; main floor study/3rd bdrm has dbl door entry. Wonderful master suite w/5 pc bath incl jetted tub. Fenced yrd/new deck/hot tub/sprinkler sys.

Last Agent to Sell the Property

Kris Holden

Windermere RE West Campus Inc License #24813 Listed on: 07/13/2014

Windermere RE West Campus Inc

Last Buyer's Agent

Kris Holden

Windermere RE West Campus Inc License #24813 Listed on: 07/13/2014

Windermere RE West Campus Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM664527

Northwest Multiple Listing Service (NWMLS)

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2016
Closed on
Feb 7, 2017
Sold by
Dineen Patrick and Dineen Beverly C
Bought by
Mchugh Terrence and Mchugh Cynthia
Seller's Agent
Kris Holden
Windermere RE West Campus Inc
Buyer's Agent
Rich Lucas
Keller Williams Rlty Bellevue
List Price
$349,950
Sold Price
$355,000
Premium/Discount to List
$5,050
1.44%
Total Days on Market
1
Current Estimated Value
$630,921

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$275,921
Avg. Annual Appreciation
7.73%
Original Mortgage
$348,570
Outstanding Balance
$294,313
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$365,980

Purchase Details

Listed on
Jul 13, 2014
Closed on
Aug 21, 2014
Sold by
Drake Michael A
Bought by
Dineen Patrick and Dineen Beverly C
Seller's Agent
Kris Holden
Windermere RE West Campus Inc
Buyer's Agent
Kris Holden
Windermere RE West Campus Inc
List Price
$289,950
Sold Price
$289,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.54%
Original Mortgage
$299,518
Interest Rate
4.12%
Mortgage Type
VA

Purchase Details

Closed on
Apr 27, 1992
Sold by
Tamaki Kyoko
Bought by
Drake Michael A
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $355,000 First American
Warranty Deed $289,950 First American
Warranty Deed $149,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $348,570 FHA
Previous Owner $299,518 VA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2017 02/10/17 Sold $355,000 +1.4% $171 / Sq Ft
12/07/2016 12/07/16 Pending -- -- --
08/26/2016 08/26/16 For Sale $349,950 +20.7% $169 / Sq Ft
08/25/2014 08/25/14 Sold $289,950 0.0% $140 / Sq Ft
07/15/2014 07/15/14 Pending -- -- --
07/13/2014 07/13/14 For Sale $289,950 -- $140 / 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 $5,738 $573,000 $188,000 $385,000
2023 $5,505 $518,000 $171,000 $347,000
2022 $5,142 $559,000 $174,000 $385,000
2021 $4,684 $453,000 $159,000 $294,000
2020 $4,473 $387,000 $146,000 $241,000
2018 $4,648 $357,000 $118,000 $239,000
2017 $4,170 $326,000 $111,000 $215,000
2016 $4,102 $292,000 $111,000 $181,000
2015 $3,747 $275,000 $103,000 $172,000
2014 -- $257,000 $96,000 $161,000
2013 -- $234,000 $92,000 $142,000
Source: Public Records

Agents Affiliated with this Home

  • Kris Holden

    Seller's Agent in 2017

    Kris Holden

    Windermere Real Estate / West Campus, Inc.

    (206) 999-9621

    6 in this area

    183 Total Sales

    Kris Holden
    Section Image
  • Rich Lucas

    Buyer's Agent in 2017

    Rich Lucas

    Keller Williams Realty Bellevue

    (253) 332-1686

    2 in this area

    196 Total Sales

    Rich Lucas
    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM664527

Northwest Multiple Listing Service (NWMLS)

APN: 211572-0130

Washington King County Federal Way 98023 Twin Lakes

31415 48th Place SW, Federal Way, WA

This home is located at 31415 48th Place SW, Federal Way, WA 98023 and is currently priced at $289,950, approximately $140 per square foot. This property was built in 1987. 31415 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.

Nearby Homes