31427 48th Place SW Federal Way, WA 98023
Twin Lakes NeighborhoodEstimated Value: $608,000 - $682,000
3
Beds
3
Baths
1,900
Sq Ft
$337/Sq Ft
Est. Value
About This Home
This home is located at 31427 48th Place SW, Federal Way, WA 98023 and is currently estimated at $639,658, approximately $336 per square foot. 31427 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.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 11, 2004
Sold by
Marx Eugene J and Marx Victoria L
Bought by
Marx Benjamin L and Marx Ernelyn C
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,928
Outstanding Balance
$114,801
Interest Rate
6.17%
Mortgage Type
VA
Estimated Equity
$524,857
Purchase Details
Closed on
Feb 4, 1988
Sold by
Schneider Homes Inc
Bought by
Marx Eugene J and Victoria Lee
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Marx Benjamin L | $224,000 | Stewart Title | |
Marx Eugene J | $112,500 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Marx Benjamin L | $228,928 |
Source: Public Records
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 | $5,627 | $562,000 | $188,000 | $374,000 |
2023 | $5,400 | $508,000 | $171,000 | $337,000 |
2022 | $5,043 | $548,000 | $174,000 | $374,000 |
2021 | $4,591 | $444,000 | $159,000 | $285,000 |
2020 | $4,380 | $379,000 | $146,000 | $233,000 |
2018 | $4,565 | $351,000 | $118,000 | $233,000 |
2017 | $4,100 | $320,000 | $111,000 | $209,000 |
2016 | $4,029 | $287,000 | $111,000 | $176,000 |
2015 | $3,690 | $270,000 | $103,000 | $167,000 |
2014 | -- | $253,000 | $96,000 | $157,000 |
2013 | -- | $230,000 | $92,000 | $138,000 |
Source: Public Records
Map
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