NOT LISTED FOR SALE

31502 41st Ave SW Unit B Federal Way, WA 98023

Twin Lakes Neighborhood

Estimated Value: $683,000 - $746,000

2 Beds
1 Bath
1,890 Sq Ft
$376/Sq Ft Est. Value

About This Home

This home is located at 31502 41st Ave SW Unit B, Federal Way, WA 98023 and is currently estimated at $711,196, approximately $376 per square foot. 31502 41st Ave SW Unit B 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
Feb 17, 2021
Sold by
Bariamichael Habtom and Aynalem Msgana
Bought by
Alston Jazz
Current Estimated Value
$711,196

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$539,275
Outstanding Balance
$487,796
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$228,723

Purchase Details

Closed on
Dec 20, 2016
Sold by
Aynalem Msgana A
Bought by
Bariamichael Habtom N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$291,000
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 5, 2005
Sold by
Boyle Daniel A and Boyle Patricia L
Bought by
Bariamichael Semereab and Bariamichael Habtom

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
6.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 1990
Sold by
Prudential Residential Service
Bought by
Boyle Daniel A and Boyle Patricia L
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Alston Jazz $530,000 Equity Title Of Wa Llc
Bariamichael Habtom N -- First American
Bariamichael Habtom B $138,631 First American
Bariamichael Semereab $345,000 Chicago Title
Boyle Daniel A $158,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alston Jazz $73,284
Open Alston Jazz $539,275
Previous Owner Bariamichael Habtom N $20,000
Previous Owner Bariamichael Habtom B $291,000
Previous Owner Bariamichael Semereab $276,000
Closed Bariamichael Semereab $51,750
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 $6,597 $659,000 $216,000 $443,000
2023 $6,351 $597,000 $195,000 $402,000
2022 $5,449 $648,000 $178,000 $470,000
2021 $4,801 $481,000 $142,000 $339,000
2020 $4,555 $397,000 $117,000 $280,000
2018 $4,537 $365,000 $94,000 $271,000
2017 $4,114 $318,000 $86,000 $232,000
2016 $4,000 $288,000 $79,000 $209,000
2015 $3,704 $268,000 $76,000 $192,000
2014 -- $254,000 $76,000 $178,000
2013 -- $211,000 $89,000 $122,000
Source: Public Records

Map

Washington King County Federal Way 98023 Twin Lakes

31502 41st Ave SW Unit B, Federal Way, WA

This home is located at 31502 41st Ave SW Unit B, Federal Way, WA 98023 and is currently estimated at $711,196, approximately $376 per square foot. 31502 41st Ave SW Unit B 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.

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