NOT LISTED FOR SALE

31507 8th Ave S Federal Way, WA 98003

Mirror Lake Neighborhood

Estimated Value: $486,000 - $520,000

3 Beds
1 Bath
1,330 Sq Ft
$377/Sq Ft Est. Value

About This Home

This home is located at 31507 8th Ave S, Federal Way, WA 98003 and is currently estimated at $501,898, approximately $377 per square foot. 31507 8th Ave S is a home located in King County with nearby schools including Mirror Lake Elementary School, Sacajawea Middle School, and Federal Way High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 11, 2021
Sold by
Benfer Debra A and Benfer Jon M
Bought by
Benfer Jon Michael
Current Estimated Value
$501,898

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$349,354
Outstanding Balance
$321,755
Interest Rate
2.9%
Mortgage Type
VA
Estimated Equity
$175,152

Purchase Details

Closed on
Sep 28, 2011
Sold by
K & C Lending Llc
Bought by
Benfer Jon M and Benfer Debra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,525
Interest Rate
4.16%

Purchase Details

Closed on
Jan 24, 2011
Sold by
Kklm Llc
Bought by
K & C Lending Llc

Purchase Details

Closed on
Mar 10, 2010
Sold by
Donalson Sean
Bought by
Kklm Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
4.93%

Purchase Details

Closed on
Mar 3, 1996
Sold by
Hunt Joanne
Bought by
Holmes Mary K

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
Benfer Jon Michael -- Cw Title
Benfer Jon M $139,500 Rainier Title
K & C Lending Llc -- Accommodation
Kklm Llc $150,000 First American
Holmes Mary K $102,500 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Benfer Jon Michael $50,000
Closed Benfer Jon Michael $35,000
Open Benfer Jon Michael $349,354
Closed Benfer Jon M $65,000
Closed Benfer Jon M $30,000
Closed Benfer Jon M $132,525
Previous Owner Kklm Llc $135,000
Previous Owner Holmes Mary K $67,500
Previous Owner Holmes Mary K $29,000
Previous Owner Holmes Mary K $58,000
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 $4,718 $467,000 $174,000 $293,000
2023 $4,553 $423,000 $157,000 $266,000
2022 $4,165 $459,000 $143,000 $316,000
2021 $3,912 $364,000 $114,000 $250,000
2020 $3,599 $321,000 $93,000 $228,000
2018 $3,645 $286,000 $75,000 $211,000
2017 $3,111 $254,000 $69,000 $185,000
2016 $3,025 $216,000 $63,000 $153,000
2015 $2,810 $201,000 $60,000 $141,000
2014 -- $191,000 $60,000 $131,000
2013 -- $150,000 $73,000 $77,000
Source: Public Records

Map

Washington King County Federal Way 98003 Mirror Lake

31507 8th Ave S, Federal Way, WA

Homes for Sale in Federal Way, WA

This home is located at 31507 8th Ave S, Federal Way, WA 98003 and is currently estimated at $501,898, approximately $377 per square foot. 31507 8th Ave S is a home located in King County with nearby schools including Mirror Lake Elementary School, Sacajawea Middle School, and Federal Way 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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