Seller's Agent in 2021
Pam McCain
John L Scott
(253) 569-5859
1 in this area
122 Total Sales
31426 7th Place SW Federal Way, WA 98023
Mirror Lake NeighborhoodEstimated Value: $554,000 - $812,274
2
Beds
2
Baths
1,390
Sq Ft
$517/Sq Ft
Est. Value
Highlights
- Low Bank Waterfront Property
- RV Access or Parking
- Fruit Trees
- Docks
- Lake View
- Deck
About This Home
As of February 2021Enchanting waterfront home on peaceful Mirror Lake in the middle of Federal Way and 10 minutes to the new light rail! Main living area has impressive stone work, gas fireplace plus an eating bar for eight and an upgraded kitchen with room for all. The powder room is slate tile with a vessel sink. Views are glorious from every window! New custom decking embracing the covered and uncovered outdoor space. Deck rail has cable links so view is not obstructed. Open coved ceilings on the upper level.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: NWM1685722
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,994
Year Built
- Built in 1943
Lot Details
- Low Bank Waterfront Property
- Partially Fenced Property
- Level Lot
- Fruit Trees
- Garden
- Property is zoned RS 7.2
Property Views
- Lake
- Territorial
Home Design
- Northwest Architecture
- Poured Concrete
- Composition Roof
- Wood Siding
Interior Spaces
- 1 Fireplace
Kitchen
- Oven or Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Wall to Wall Carpet
- Slate Flooring
- Ceramic Tile
Parking
- Detached Garage
- RV Access or Parking
Outdoor Features
- Docks
- Deck
- Patio
- Outbuilding
Utilities
- High Speed Internet
- Cable TV Available
Community Details
- Mirror Lake Community
Listing and Financial Details
- Assessor Parcel Number 5559200150
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 3, 2020
Closed on
Feb 3, 2021
Sold by
Holden Grace M and Holden Trent J
Bought by
Rybakin Maxim S and Yefremova Karina
Seller's Agent
Pam McCain
John L. Scott, Inc.
Buyer's Agent
Jeremy Martini
John L. Scott R.E.Tacoma North
List Price
$659,950
Sold Price
$660,000
Premium/Discount to List
$50
0.008%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,069
Avg. Annual Appreciation
1.75%
Original Mortgage
$627,000
Outstanding Balance
$566,253
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$148,983
Purchase Details
Closed on
Jul 17, 2006
Sold by
Wanzer Richard A and Wanzer Jan M
Bought by
Holden Trent J and Holden Grace
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,500
Interest Rate
6.34%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Mar 18, 1991
Sold by
Wanzer Richard A
Bought by
Wanzer Richard A and Wanzer Jan M
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rybakin Maxim S | $660,000 | Chicago Title Company Of Wa | |
| Holden Trent J | $375,000 | Commonwealth L | |
| Wanzer Richard A | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rybakin Maxim S | $627,000 | |
| Previous Owner | Holden Trent J | $37,500 | |
| Previous Owner | Holden Trent J | $300,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/05/2021 02/05/21 | Sold | $660,000 | 0.0% | $475 / Sq Ft |
| 01/10/2021 01/10/21 | Pending | -- | -- | -- |
| 12/26/2020 12/26/20 | For Sale | $659,950 | 0.0% | $475 / Sq Ft |
| 12/18/2020 12/18/20 | Pending | -- | -- | -- |
| 12/18/2020 12/18/20 | For Sale | $659,950 | 0.0% | $475 / Sq Ft |
| 12/07/2020 12/07/20 | Pending | -- | -- | -- |
| 11/19/2020 11/19/20 | For Sale | $659,950 | 0.0% | $475 / Sq Ft |
| 11/13/2020 11/13/20 | Pending | -- | -- | -- |
| 11/03/2020 11/03/20 | For Sale | $659,950 | -- | $475 / Sq Ft |
Source: Northwest Multiple Listing Service (NWMLS)
Tax History Compared to Growth
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 | $6,994 | $718,000 | $236,000 | $482,000 |
| 2023 | $5,657 | $650,000 | $213,000 | $437,000 |
| 2022 | $5,175 | $575,000 | $194,000 | $381,000 |
| 2021 | $6,229 | $456,000 | $155,000 | $301,000 |
| 2020 | $5,162 | $519,000 | $154,000 | $365,000 |
| 2018 | $5,220 | $414,000 | $123,000 | $291,000 |
| 2017 | $4,448 | $367,000 | $112,000 | $255,000 |
| 2016 | $3,956 | $312,000 | $102,000 | $210,000 |
| 2015 | $3,676 | $265,000 | $98,000 | $167,000 |
| 2014 | -- | $252,000 | $98,000 | $154,000 |
| 2013 | -- | $200,000 | $92,000 | $108,000 |
Source: Public Records
Agents Affiliated with this Home
-
Pam McCain
-
Jeremy Martini
Buyer's Agent in 2021
Jeremy Martini
John L. Scott R.E.Tacoma North
(206) 743-5236
2 in this area
116 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: NWM1685722
APN: 555920-0150
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Based on information submitted to the MLS GRID
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