31439 48th Place SW Federal Way, WA 98023
Twin Lakes NeighborhoodEstimated Value: $578,000 - $663,000
3
Beds
3
Baths
1,900
Sq Ft
$326/Sq Ft
Est. Value
About This Home
This home is located at 31439 48th Place SW, Federal Way, WA 98023 and is currently estimated at $619,038, approximately $325 per square foot. 31439 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
May 28, 2021
Sold by
Molzer Vickie L and Estate Of Elaine Molzer
Bought by
Kay Vincent and Kay Taylor
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
$300,000
Outstanding Balance
$278,034
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$367,195
Purchase Details
Closed on
Sep 6, 2000
Sold by
Bartho Robert
Bought by
Molzer Vickie L and Molzer Victor J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
8.11%
Purchase Details
Closed on
Jul 11, 1994
Sold by
Paul Richard A and Paul Katherine G
Bought by
Bartho Robert
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
6.5%
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 |
---|---|---|---|
Kay Vincent | $450,000 | Fidelity Natl Ttl Co Of Wa I | |
Molzer Vickie L | $185,000 | First American | |
Bartho Robert | $145,000 | Transamerica Title Ins Co |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Kay Vincent | $300,000 | |
Previous Owner | Molzer Vickie L | $120,000 | |
Previous Owner | Bartho Robert | $116,000 |
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 | $5,645 | $564,000 | $188,000 | $376,000 |
2023 | $5,419 | $510,000 | $171,000 | $339,000 |
2022 | $5,065 | $550,000 | $174,000 | $376,000 |
2021 | $4,614 | $446,000 | $159,000 | $287,000 |
2020 | $4,404 | $381,000 | $146,000 | $235,000 |
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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