NOT LISTED FOR SALE

31615 42nd Ave SW Federal Way, WA 98023

Twin Lakes Neighborhood

Estimated Value: $662,000 - $715,000

4 Beds
3 Baths
2,290 Sq Ft
$302/Sq Ft Est. Value

Last Sold April 26, 2013

Last sale price $257,000 $112 Per Sq Ft

Est. 169% increase in value since last sale

Current estimated payment $4,189/month

14 Days on Market

About This Home

As of April 2013

Well maintained spacious tri-level in desirable Twin Lakes community nestled in a quiet cul-de-sac against wooded acreage owned by the school district. Nice open formal living and dining room. Awesome deck off the back with built in hot tub and fire pit...great for outdoor entertaining and PRIVATE! Features white painted millwork, 6-panel doors, along with many other updates over the years. All appliances stay! Oversize garage with lots of storage! Limited 1-Year Home Warranty for buyer!

Barbara Korducki

Coldwell Banker Danforth License #10216 Listed on: 03/01/2013

Coldwell Banker Danforth

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM453522

Northwest Multiple Listing Service (NWMLS)

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 28, 2015
Sold by
Elliott Jeff S and Wardian Maria N
Bought by
Mullarky Neal and Mullarky Sandra
Total Days on Market
14
Current Estimated Value
$691,523

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,856
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 1, 2013
Closed on
Apr 23, 2013
Sold by
Nokes James M and Nokes Debbie A
Bought by
Elliott Jeff S and Wardian Maria N
Buyer's Agent
Barbara Korducki
Coldwell Banker Danforth
List Price
$257,000
Sold Price
$257,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.80%
Original Mortgage
$252,345
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
May 21, 2002
Sold by
Callaway Peter C and Callaway Carol L
Bought by
Nokes James M and Nokes Deborah A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,400
Interest Rate
6.94%

Purchase Details

Closed on
Apr 21, 2000
Sold by
Malaier Ana Maria
Bought by
Callaway Peter C and Callaway Carol L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,961
Interest Rate
8.24%
Mortgage Type
VA

Purchase Details

Closed on
Sep 29, 1998
Sold by
Malaier William F and Malaier Ana Maria
Bought by
Malaier Ana Marie
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Mullarky Neal $284,000 First American
Elliott Jeff S $257,000 Stewart Title
Nokes James M $218,000 Washington Title
Callaway Peter C $201,000 Chicago Title
Malaier Ana Marie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mullarky Neal $348,000
Closed Mullarky Neal $327,000
Closed Mullarky Neal $326,057
Closed Mullarky Neal $278,856
Previous Owner Elliott Jeff S $252,345
Previous Owner Nokes James M $216,500
Previous Owner Nokes James M $45,000
Previous Owner Nokes James M $174,400
Previous Owner Callaway Peter C $202,961
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2013 04/26/13 Sold $257,000 0.0% $112 / Sq Ft
03/15/2013 03/15/13 Pending -- -- --
03/01/2013 03/01/13 For Sale $257,000 -- $112 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

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 $6,224 $625,000 $216,000 $409,000
2023 $6,037 $566,000 $195,000 $371,000
2022 $5,175 $615,000 $178,000 $437,000
2021 $5,047 $456,000 $142,000 $314,000
2020 $4,788 $418,000 $117,000 $301,000
2018 $4,314 $384,000 $94,000 $290,000
2017 $3,905 $302,000 $86,000 $216,000
2016 $3,796 $273,000 $79,000 $194,000
2015 $3,520 $254,000 $76,000 $178,000
2014 -- $241,000 $76,000 $165,000
2013 -- $202,000 $89,000 $113,000
Source: Public Records

Agents Affiliated with this Home

  • Barbara Korducki

    Buyer's Agent in 2013

    Barbara Korducki

    Coldwell Banker Danforth

    (206) 999-4415

    15 Total Sales

    Barbara Korducki
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM453522

Northwest Multiple Listing Service (NWMLS)

APN: 873198-2930

Washington King County Federal Way 98023 Twin Lakes

31615 42nd Ave SW, Federal Way, WA

This home is located at 31615 42nd Ave SW, Federal Way, WA 98023 since 01 March 2013 and is currently estimated at $691,523, approximately $301 per square foot. This property was built in 1973. 31615 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.

Northwest Multiple Listing Service (NWMLS) Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. ©2025 NWMLS.

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