NOT LISTED FOR SALE

31831 25th Ave SW Federal Way, WA 98023

Twin Lakes Neighborhood

Estimated Value: $653,000 - $698,000

3 Beds
3 Baths
2,585 Sq Ft
$260/Sq Ft Est. Value

About This Home

This home is located at 31831 25th Ave SW, Federal Way, WA 98023 and is currently estimated at $671,602, approximately $259 per square foot. 31831 25th 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
Dec 24, 2016
Sold by
Michev Ognian and Micheva Totka
Bought by
Michev Ognian and Micheva Totka
Current Estimated Value
$671,602

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,500
Outstanding Balance
$201,436
Interest Rate
3.14%
Mortgage Type
New Conventional
Estimated Equity
$483,613

Purchase Details

Closed on
Aug 22, 2001
Sold by
Lynn Thomas J and Lynn Nora Christine
Bought by
Michev Ognian and Michev Totka

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,164
Interest Rate
7.09%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 1, 1998
Sold by
Ashley David C and Ashley Alice E
Bought by
Lynn Thomas J and Lynn Nora C

Purchase Details

Closed on
Nov 30, 1992
Sold by
Ashley David and Ashley Alice E
Bought by
Lynn Thomas J and Nora Christine

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

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
Michev Ognian -- Cw Title Co
Michev Ognian $199,950 Chicago Title Insurance Co
Lynn Thomas J -- Old Republic Title
Lynn Thomas J $153,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Michev Ognian $100,000
Closed Michev Ognian $244,500
Closed Michev Ognian $70,000
Closed Michev Ognian $60,000
Closed Michev Ognian $244,000
Closed Michev Ognian $197,164
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 $6,243 $626,000 $216,000 $410,000
2023 $6,204 $567,000 $195,000 $372,000
2022 $5,592 $616,000 $178,000 $438,000
2021 $4,474 $494,000 $142,000 $352,000
2020 $4,240 $369,000 $117,000 $252,000
2018 $4,871 $392,000 $94,000 $298,000
2017 $4,406 $342,000 $86,000 $256,000
2016 $4,276 $309,000 $79,000 $230,000
2015 $3,960 $287,000 $76,000 $211,000
2014 -- $272,000 $76,000 $196,000
2013 -- $200,000 $73,000 $127,000
Source: Public Records

Map

Washington King County Federal Way 98023 Twin Lakes

31831 25th Ave SW, Federal Way, WA

Homes for Sale in Federal Way, WA

This home is located at 31831 25th Ave SW, Federal Way, WA 98023 and is currently estimated at $671,602, approximately $259 per square foot. 31831 25th Ave SW is a home located in King County with nearby schools including Twin Lakes Elementary School, Lakota Middle School, and Decatur High School.

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