NOT LISTED FOR SALE

31918 3rd Place SW Federal Way, WA 98023

Mirror Lake Neighborhood

Estimated Value: $870,000

-- Bed
-- Bath
3,600 Sq Ft
$242/Sq Ft Est. Value

About This Home

This home is located at 31918 3rd Place SW, Federal Way, WA 98023 and is currently estimated at $870,000, approximately $241 per square foot. 31918 3rd 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
Jun 19, 2007
Sold by
Vif/Cpp Mirror Woods Llc
Bought by
The Shores At Federal Way Llc
Current Estimated Value
$870,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,386
Interest Rate
6.21%

Purchase Details

Closed on
Apr 1, 2005
Sold by
Mirror Colony Apartments Llc
Bought by
Vif/Cpp Mirror Woods Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,470,000
Interest Rate
5.99%

Purchase Details

Closed on
Mar 22, 2002
Sold by
Agl Investments #3 Ltd Partnership
Bought by
Mirror Colony Apartments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,230,000
Interest Rate
6.85%

Purchase Details

Closed on
May 26, 1995
Sold by
Mirror Woods I Ltd Partnership
Bought by
Lasalle National Bank and Commercial Real Estate Securities Lp

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

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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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
The Shores At Federal Way Llc $19,471,500 First American
Vif/Cpp Mirror Woods Llc $11,155,000 First American
Mirror Colony Apartments Llc $10,000 Chicago Title Insurance Co
Mirror Colony Apartments Llc $8,881,000 Chicago Title Insurance Co
Lasalle National Bank $8,281,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open The Shores At Federal Way Llc $17,071,400
Closed The Shores At Federal Way Llc $31,386
Previous Owner Vif/Cpp Mirrow Woods Llc $7,470,000
Previous Owner Mirror Colony Apartments Llc $16,230,000
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 $8,993 $832,700 $200,000 $632,700
2023 $8,393 $854,000 $160,000 $694,000
2022 $8,413 $855,000 $125,000 $730,000
2021 $8,266 $745,000 $100,000 $645,000
2020 $7,505 $688,000 $100,000 $588,000
2018 $7,397 $557,000 $80,000 $477,000
2017 $6,734 $520,000 $80,000 $440,000
2016 $6,588 $473,000 $80,000 $393,000
2015 -- $443,000 $75,000 $368,000
2014 -- $384,000 $75,000 $309,000
2013 -- $385,000 $75,000 $310,000
Source: Public Records

Map

Washington King County Federal Way 98023 Mirror Lake

31918 3rd Place SW, Federal Way, WA

Homes for Sale in Federal Way, WA

This home is located at 31918 3rd Place SW, Federal Way, WA 98023 and is currently estimated at $870,000, approximately $241 per square foot. 31918 3rd 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.

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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