NOT LISTED FOR SALE

Estimated Value: $468,000 - $531,000

3 Beds
2 Baths
1,280 Sq Ft
$399/Sq Ft Est. Value

About This Home

This home is located at 31622 8th Place SW, Federal Way, WA 98023 and is currently estimated at $510,916, approximately $399 per square foot. 31622 8th Place SW is a home located in King County with nearby schools including Lake Grove Elementary School, Lakota Middle School, and Federal Way High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 5, 2017
Sold by
2014-1 Ih Borrower Lp
Bought by
2017-1 Ih Borrower Lp
Current Estimated Value
$510,916

Purchase Details

Closed on
May 30, 2014
Sold by
Thr Washington H Lp
Bought by
2014-1 Ih Borrower Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$993,738,000
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 7, 2013
Sold by
Washburn George W and Washburn Marcia A
Bought by
Thr Washington Ii Lp

Purchase Details

Closed on
Jul 26, 2007
Sold by
Hagedorn Justin and Hagedorn Jaime M
Bought by
Washburn George W and Washburn Marcia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,800
Interest Rate
6.65%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 28, 2000
Sold by
Bergsma Sean W and Bergsma Jennifer K
Bought by
Hagedorn Justin and Hagedorn Jaime M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,358
Interest Rate
8.16%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 25, 1997
Sold by
Yulfo Wilfred and Branch Yulfo Tracey A
Bought by
Bergsma Sean W and Bergsma Jennifer K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,381
Interest Rate
7.7%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 14, 1993
Sold by
Yulfo Tracey
Bought by
Yulfo Wilfred

Purchase Details

Closed on
Apr 1, 1993
Sold by
Goodley Roxanne
Bought by
Goodley Darryl 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

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

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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
2017-1 Ih Borrower Lp -- None Available
2014-1 Ih Borrower Lp -- None Available
Thr Washington Ii Lp $155,000 Accommodation
Washburn George W $292,000 Stewart Title
Hagedorn Justin $162,250 Fidelity National Title Co
Bergsma Sean W $127,500 First American Title Company
Yulfo Wilfred -- --
Yulfo Wilfred $112,000 --
Goodley Darryl M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2017-1 Ih Borrower Lp $999,999,713
Previous Owner 2014-1 Ih Borrower Lp $993,738,000
Previous Owner 2014-1 Ih Borrower Lp $993,738,000
Previous Owner Washburn George W $43,800
Previous Owner Washburn George W $219,000
Previous Owner Hagedorn Justin $208,000
Previous Owner Hagedorn Justin $160,358
Previous Owner Bergsma Sean W $126,381
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 $4,630 $457,000 $159,000 $298,000
2023 $4,585 $414,000 $144,000 $270,000
2022 $4,088 $450,000 $131,000 $319,000
2021 $3,596 $357,000 $105,000 $252,000
2020 $3,308 $294,000 $85,000 $209,000
2018 $3,352 $262,000 $68,000 $194,000
2017 $2,860 $233,000 $62,000 $171,000
2016 $2,777 $198,000 $57,000 $141,000
2015 $2,583 $184,000 $55,000 $129,000
2014 -- $175,000 $55,000 $120,000
2013 -- $151,000 $73,000 $78,000
Source: Public Records

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