NOT LISTED FOR SALE

31420 50th Ave SW Federal Way, WA 98023

Twin Lakes Neighborhood

Estimated Value: $502,000 - $543,000

3 Beds
2 Baths
1,200 Sq Ft
$434/Sq Ft Est. Value

Last Sold January 19, 2017

Last sale price $216,000 $180 Per Sq Ft

Est. 141% increase in value since last sale

Current estimated payment $3,312/month

4 Days on Market

Highlights

  • RV Access or Parking
  • Attached Garage
  • Partially Fenced Property
  • 1 Fireplace
  • Patio
  • 4-minute walk to Palisades Park

About This Home

As of January 2017

Excellent value in this 3 bedroom 1.5 bath rambler. Located in a nice quite area on a dead end street. Living room & dining area are open to kitchen. Separate family room with real wood fireplace. Large eating area is open to kitchen. Home is ready to go. No short sale or bank issues here. Large 2 car garage with above storage space. RV parking in front. Private back yard. Close to Dash Point State Park, walk to Palisades Park. Gas forced air heat and hot water. Laminate hardwood floors.

Last Agent to Sell the Property

Lonnie Lee

John L. Scott Federal Way License #28986 Listed on: 01/06/2017

John L. Scott Federal Way

Last Buyer's Agent

Raul Orellana

Skyline Properties, Inc. License #2617

Skyline Properties, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1064605

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,839

Year Built

  • Built in 1972

Lot Details

  • Street terminates at a dead end
  • Partially Fenced Property
  • Property is zoned rs 7.2

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • Attached Garage
  • RV Access or Parking

Additional Features

  • 1 Fireplace
  • Patio
  • Septic System

Community Details

  • Dash Point Community

Listing and Financial Details

  • Assessor Parcel Number 1898700150

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,839

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 10 - 1 Story
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1972
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Floor Covering: Laminate, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Range/Oven, Refrigerator
  • Approved Number of Bedrooms: 3
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 3
  • Bathrooms: 1.50
  • Total Full Bathrooms: 1
  • Total Half Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Main
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Dining Room: Main
  • Family Room: Main
  • Kitchen: Main
  • Living Room: Main
  • Estimated Sq Ft: 1200
  • Square Footage Finished: 1200

Exterior Features

  • Exterior: Wood
  • Foundation: Poured Concrete
  • Roof: Composition

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 2

Utilities

  • Heating And Cooling: Forced Air
  • Power Company: PSE
  • Septic Approved for Number of Bedrooms: 3
  • Sewer: Septic
  • Sewer Company: Septic
  • Water Company: City of Tacoma
  • Water Heater: garage-gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Dash Point
  • Project: Dash Point Park #3

Schools

  • Elementary School: Twin Lakes Elem
  • Middle School: Lakota Mid Sch
  • High School: Decatur High
  • School District: FED

Lot Info

  • Lot Number: 15
  • Lot Details: Dead End Street
  • Lot Sq Ft: 9568
  • Parcel Number: 1898700150
  • Zoning Code: rs 7.2
  • Zoning Jurisdiction: City

Tax Info

  • Tax Amount: 3098

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2017
Closed on
Jan 18, 2017
Sold by
Hitchens Amy E
Bought by
Salas Juan J and Contreras Yolanda
Seller's Agent
Lonnie Lee
John L. Scott Federal Way
Buyer's Agent
Raul Orellana
Skyline Properties, Inc.
List Price
$220,000
Sold Price
$216,000
Premium/Discount to List
-$4,000
-1.82%
Total Days on Market
4
Current Estimated Value
$520,249

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$304,249
Avg. Annual Appreciation
11.39%

Purchase Details

Closed on
Jun 6, 2000
Sold by
Morgan Beverly J
Bought by
Hitchens Robert M

Purchase Details

Closed on
Mar 2, 1998
Sold by
Hitchens Emily A
Bought by
Hitchens Robert M

Purchase Details

Closed on
May 15, 1997
Sold by
Hitchens Robert M and Hitchens Hazel Emily
Bought by
Hitchens Robert M and Morgan Beverly J
Source: Public Records

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Range of Values:

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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
Salas Juan J $216,000 Fidelity Natio
Hitchens Robert M -- Transnation Title Insurance
Hitchens Robert M -- --
Hitchens Robert M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hitchens Robert M $143,800
Previous Owner Hitchens Robert M $192,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2017 01/19/17 Sold $216,000 -1.8% $180 / Sq Ft
01/11/2017 01/11/17 Pending -- -- --
01/06/2017 01/06/17 For Sale $220,000 -- $183 / 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 $4,839 $480,000 $195,000 $285,000
2023 $4,639 $434,000 $177,000 $257,000
2022 $4,330 $468,000 $181,000 $287,000
2021 $3,760 $379,000 $165,000 $214,000
2020 $3,587 $308,000 $152,000 $156,000
2018 $3,506 $267,000 $124,000 $143,000
2017 $3,153 $244,000 $116,000 $128,000
2016 $3,098 $219,000 $116,000 $103,000
2015 $2,838 $206,000 $108,000 $98,000
2014 -- $193,000 $101,000 $92,000
2013 -- $176,000 $97,000 $79,000
Source: Public Records

Agents Affiliated with this Home

  • Lonnie Lee

    Seller's Agent in 2017

    Lonnie Lee

    John L Scott

    (253) 332-5432

    2 in this area

    35 Total Sales

    Lonnie Lee
    Section Image
  • Raul Orellana

    Buyer's Agent in 2017

    Raul Orellana

    Skyline Properties, Inc.

    (253) 653-0088

    1 in this area

    16 Total Sales

    Raul Orellana
    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1064605

Northwest Multiple Listing Service (NWMLS)

APN: 189870-0150

Washington King County Federal Way 98023 Twin Lakes

31420 50th Ave SW, Federal Way, WA

This home is located at 31420 50th Ave SW, Federal Way, WA 98023 since 06 January 2017 and is currently estimated at $520,249, approximately $433 per square foot. This property was built in 1972. 31420 50th Ave 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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