NOT LISTED FOR SALE

31434 48th Place SW Federal Way, WA 98023

Twin Lakes Neighborhood

Estimated Value: $613,000 - $702,000

3 Beds
3 Baths
2,090 Sq Ft
$312/Sq Ft Est. Value

Last Sold February 04, 2013

Last sale price $274,950 $132 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $4,177/month

12 Days on Market

About This Home

As of February 2013

Come see this totally updated two story in a terrific neighborhood near Dash Point State park. Virtually everything in this home has been tastefully redone including new roof, furnace, cabinets, granite counters and natural refinished hardwood floors. You will love the secluded back yard that backs up to a green belt. All you need is the hot tub and it is already wired for that.

Last Agent to Sell the Property

Carrie Klemetsen

Industry RE License #103739 Listed on: 12/06/2012

Last Buyer's Agent

Sue Hammermaster

Windermere Real Estate/PSR Inc License #25165

Windermere Real Estate/PSR Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM429033

Northwest Multiple Listing Service (NWMLS)

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 17, 2016
Sold by
Worley Stephanie and Green Stephanie R
Bought by
Worley Stephanie and Worley Jonathan
Total Days on Market
12
Current Estimated Value
$652,919

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,000
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 6, 2012
Closed on
Jan 29, 2013
Sold by
Equity Trust
Bought by
Green Stephanie R
Seller's Agent
Carrie Klemetsen
Industry RE
Buyer's Agent
Sue Hammermaster
Windermere Real Estate/PSR Inc
List Price
$274,950
Sold Price
$274,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.46%
Original Mortgage
$269,969
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 5, 2012
Closed on
May 25, 2012
Sold by
Us Bank National Association Nd
Bought by
Equity Trust
Seller's Agent
Dennis Folk
Terrafin
Buyer's Agent
Carrie Klemetsen
Industry RE
List Price
$161,000
Sold Price
$161,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
119.69%

Purchase Details

Closed on
Feb 9, 2012
Sold by
Snodgrass J Bradley and Snodgrass Kaitlyn M
Bought by
U S Bank National Association Nd

Purchase Details

Closed on
Apr 5, 2005
Sold by
Kelley Eugene L and Landers Sherry
Bought by
Snodgrass J Bradley and Snodgrass Kaitlyn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,600
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 7, 2003
Sold by
Kelly Eugene L
Bought by
Kelley Eugene L and Landers Sherry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
5.71%
Mortgage Type
Balloon

Purchase Details

Closed on
Sep 9, 1998
Sold by
Pedersen Robert W and Pedersen Janet C
Bought by
Waid Peter H and Waid Jerry M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,000
Interest Rate
6.92%

Purchase Details

Closed on
Jun 22, 1994
Sold by
Latham Jeffrey E and Latham Kimberly J
Bought by
Pedersen Robert W and Pedersen Janet C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8.6%

Purchase Details

Closed on
Jan 16, 1992
Sold by
Ray Gina M
Bought by
Latham Jeffrey E and Latham Kimberly J
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Worley Stephanie -- Cw Title Co
Green Stephanie R $274,950 Chicago Title
Equity Trust $161,000 First American
U S Bank National Association Nd $204,000 1St American
Snodgrass J Bradley $272,000 Ticor National
Kelley Eugene L -- Old Republic T
Waid Peter H $179,950 --
Pedersen Robert W $154,000 Evergreen Title Co
Latham Jeffrey E $151,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Worley Stephanie $237,000
Closed Worley Stephanie $261,000
Closed Green Stephanie R $269,969
Previous Owner Snodgrass J Bradley $30,000
Previous Owner Snodgrass J Bradley $75,000
Previous Owner Snodgrass J Bradley $217,600
Previous Owner Kelley Eugene L $207,000
Previous Owner Waid Peter H $123,000
Previous Owner Pedersen Robert W $100,000
Closed Snodgrass J Bradley $54,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2013 02/04/13 Sold $274,950 0.0% $132 / Sq Ft
12/18/2012 12/18/12 Pending -- -- --
12/06/2012 12/06/12 For Sale $274,950 +70.8% $132 / Sq Ft
05/31/2012 05/31/12 Sold $161,000 0.0% $77 / Sq Ft
04/12/2012 04/12/12 Pending -- -- --
03/05/2012 03/05/12 For Sale $161,000 -- $77 / 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 $6,129 $616,000 $188,000 $428,000
2023 $5,904 $557,000 $171,000 $386,000
2022 $5,515 $601,000 $174,000 $427,000
2021 $5,023 $487,000 $159,000 $328,000
2020 $4,800 $416,000 $146,000 $270,000
2018 $5,053 $389,000 $118,000 $271,000
2017 $4,532 $355,000 $111,000 $244,000
2016 $4,247 $318,000 $111,000 $207,000
2015 $3,889 $285,000 $103,000 $182,000
2014 -- $267,000 $96,000 $171,000
2013 -- $243,000 $92,000 $151,000
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2013

    Carrie Klemetsen

    Industry RE

    (206) 920-9379

    43 Total Sales

    Carrie Klemetsen
    Section Image
  • Sue Hammermaster

    Buyer's Agent in 2013

    Sue Hammermaster

    Windermere Corporate

    (425) 417-5733

    104 Total Sales

    Sue Hammermaster
    Section Image
  • Dennis Folk

    Seller's Agent in 2012

    Dennis Folk

    Terrafin Real Estate

    (253) 466-3736

    357 Total Sales

    Dennis Folk
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM429033

Northwest Multiple Listing Service (NWMLS)

APN: 211572-0510

Washington King County Federal Way 98023 Twin Lakes

31434 48th Place SW, Federal Way, WA

This home is located at 31434 48th Place SW, Federal Way, WA 98023 since 06 December 2012 and is currently estimated at $652,919, approximately $312 per square foot. This property was built in 1986. 31434 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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