NOT LISTED FOR SALE

315 S 331st Place Federal Way, WA 98003

West Campus - Fed Way Neighborhood

Estimated Value: $554,492 - $613,000

3 Beds
3 Baths
1,299 Sq Ft
$447/Sq Ft Est. Value

About This Home

This home is located at 315 S 331st Place, Federal Way, WA 98003 and is currently estimated at $580,623, approximately $446 per square foot. 315 S 331st Place is a home located in King County with nearby schools including Mirror Lake Elementary School, Sequoyah Middle School, and Todd Beamer High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 25, 2003
Sold by
Merkt Christopher M and Merkt Stephanie
Bought by
Arceo Alexander L and Arceo Violeta Souza
Current Estimated Value
$580,623

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,700
Interest Rate
5.37%

Purchase Details

Closed on
Mar 18, 1997
Sold by
Campus Glen Ltd Partnership
Bought by
Merkt Christopher M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,984
Interest Rate
7.63%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Arceo Alexander L $210,000 Transnation Ti
Merkt Christopher M $145,000 Chicago Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arceo Alexander L $283,692
Closed Arceo Alexander L $185,600
Closed Arceo Alexander L $46,400
Closed Arceo Alexander L $203,700
Previous Owner Merkt Christopher M $141,984
Source: Public Records

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 $5,105 $508,000 $158,000 $350,000
2023 $4,915 $460,000 $132,000 $328,000
2022 $4,538 $497,000 $146,000 $351,000
2021 $3,865 $398,000 $128,000 $270,000
2020 $3,751 $317,000 $85,000 $232,000
2018 $3,798 $299,000 $85,000 $214,000
2017 $3,445 $265,000 $78,000 $187,000
2016 $3,345 $240,000 $71,000 $169,000
2015 $3,108 $223,000 $68,000 $155,000
2014 -- $212,000 $68,000 $144,000
2013 -- $167,000 $69,000 $98,000
Source: Public Records

Map

Washington King County Federal Way 98003 West Campus - Fed Way

315 S 331st Place, Federal Way, WA

This home is located at 315 S 331st Place, Federal Way, WA 98003 and is currently estimated at $580,623, approximately $446 per square foot. 315 S 331st Place is a home located in King County with nearby schools including Mirror Lake Elementary School, Sequoyah Middle School, and Todd Beamer 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.

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