31724 48th Ln SW Unit C Federal Way, WA 98023
Twin Lakes NeighborhoodEstimated Value: $363,000 - $371,297
3
Beds
3
Baths
1,286
Sq Ft
$284/Sq Ft
Est. Value
About This Home
This home is located at 31724 48th Ln SW Unit C, Federal Way, WA 98023 and is currently estimated at $365,824, approximately $284 per square foot. 31724 48th Ln SW Unit C 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
May 11, 2005
Sold by
Jackson Vickie
Bought by
Thornton Michael A
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
5.87%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Jan 26, 1999
Sold by
Block Philip
Bought by
Jackson D Vickie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,390
Interest Rate
6.63%
Mortgage Type
FHA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Thornton Michael A | $170,000 | Stewart Title | |
| Jackson D Vickie | $111,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Thornton Michael | $178,000 | |
| Closed | Thornton Michael A | $70,000 | |
| Closed | Thornton Michael A | $134,000 | |
| Closed | Thornton Michael A | $50,000 | |
| Closed | Thornton Michael A | $136,000 | |
| Previous Owner | Jackson D Vickie | $108,390 | |
| Closed | Thornton Michael A | $14,000 |
Source: Public Records
Tax History Compared to Growth
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 | $3,662 | $309,000 | $54,400 | $254,600 |
| 2023 | $3,306 | $332,000 | $39,200 | $292,800 |
| 2022 | $3,170 | $330,000 | $34,800 | $295,200 |
| 2021 | $2,854 | $275,000 | $30,500 | $244,500 |
| 2020 | $2,590 | $232,000 | $30,500 | $201,500 |
| 2018 | $2,789 | $206,000 | $26,100 | $179,900 |
| 2017 | $2,451 | $193,000 | $26,100 | $166,900 |
| 2016 | $2,495 | $169,000 | $26,100 | $142,900 |
| 2015 | $2,620 | $165,000 | $26,100 | $138,900 |
| 2014 | -- | $178,000 | $26,100 | $151,900 |
| 2013 | -- | $125,000 | $26,100 | $98,900 |
Source: Public Records
Map
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