NOT LISTED FOR SALE

31515 42nd Ave SW Federal Way, WA 98023

Twin Lakes Neighborhood

Estimated Value: $674,000 - $727,000

4 Beds
4 Baths
2,450 Sq Ft
$289/Sq Ft Est. Value

About This Home

This home is located at 31515 42nd Ave SW, Federal Way, WA 98023 and is currently estimated at $709,181, approximately $289 per square foot. 31515 42nd Ave 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
Oct 18, 2016
Sold by
Altena Melinda
Bought by
Altena Melinda and Altena Mary
Current Estimated Value
$709,181

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,400
Outstanding Balance
$169,565
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$567,602

Purchase Details

Closed on
Sep 1, 2009
Sold by
Baik Hyun J and Kim Baik Myung S
Bought by
Altena Kevin E and Altena Melinda Diana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,924
Interest Rate
5.19%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 14, 2006
Sold by
Bridges Thomas S and Bridges Kimberly A
Bought by
Baik Hyun J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,000
Interest Rate
5.61%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 31, 1998
Sold by
Joslin Timothy A and Joslin Cheril M
Bought by
Bridges Thomas and Bridges Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
9.8%

Purchase Details

Closed on
Jul 20, 1993
Sold by
Joslin Sr Timothy A
Bought by
Joslin Joslin A and Joslin Cheril M
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

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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
Altena Melinda -- Ticor National
Altena Melinda -- Ticor National
Altena Kevin E $225,000 Stewart Title
Baik Hyun J $310,000 First American
Bridges Thomas $170,000 First American
Joslin Joslin A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Altena Melinda $207,400
Closed Altena Kevin E $220,924
Previous Owner Baik Hyun J $62,000
Previous Owner Baik Hyun J $248,000
Previous Owner Bridges Thomas S $50,000
Previous Owner Bridges Thomas S $242,000
Previous Owner Bridges Thomas $153,000
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 $6,456 $646,000 $216,000 $430,000
2023 $6,228 $585,000 $195,000 $390,000
2022 $5,339 $635,000 $178,000 $457,000
2021 $5,375 $471,000 $142,000 $329,000
2020 $5,103 $446,000 $117,000 $329,000
2018 $5,080 $410,000 $94,000 $316,000
2017 $4,601 $357,000 $86,000 $271,000
2016 $4,465 $323,000 $79,000 $244,000
2015 $4,144 $300,000 $76,000 $224,000
2014 -- $285,000 $76,000 $209,000
2013 -- $212,000 $89,000 $123,000
Source: Public Records

Map

Washington King County Federal Way 98023 Twin Lakes

31515 42nd Ave SW, Federal Way, WA

This home is located at 31515 42nd Ave SW, Federal Way, WA 98023 and is currently estimated at $709,181, approximately $289 per square foot. 31515 42nd Ave 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.

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