Listed by eXp Realty, Bought with Berkshire Hathaway HS NW
NOT LISTED FOR SALE

Estimated Value: $761,000 - $799,000

6 Beds
3 Baths
2,790 Sq Ft
$277/Sq Ft Est. Value

Last Sold May 02, 2023

Last sale price $760,000 $272 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,821/month

3 Days on Market

Highlights

  • Waterfront
  • Second Kitchen
  • Deck
  • Golf Course Community
  • Golf Course View
  • Property is near public transit

About This Home

As of May 2023

Golf course fairway home with 6 bedrooms, separate office, 3 bathrooms, TWO kitchens and TWO laundry rooms. Great for owner occupied downstairs ADU, multigenerational living, or people who want lots of rooms! Fantastic newly remodeled home on the 10th fairway of Twin Lakes golf course. Final permits available for 6 bedroom, 2 kitchen, 2 laundry room home. All new plumbing, wiring & panel, flooring, bathrooms, insulation, and kitchens - yes - both of them! City of Federal Way attached ADU permit for owner occupied home - possible use as 4 bed/2 bath upstairs and separate 2 bed/1 bath downstairs - each with their own kitchen and laundry. Effective year built now 2022.

Last Agent to Sell the Property

DJ Reed

eXp Realty License #20110138 Listed on: 03/10/2023

eXp Realty

Last Buyer's Agent

Kyong Kwon

Berkshire Hathaway HS NW License #48629

Berkshire Hathaway HS NW

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2043865

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,075

Year Built

  • Built in 1973

Lot Details

  • 7,800 Sq Ft Lot
  • Waterfront
  • Northeast Facing Home
  • Level Lot
  • Garden
  • Zoning described as RS7.2

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Property Views

  • Golf Course
  • Territorial

Home Design

  • Split Foyer
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Cement Board or Planked

Interior Spaces

  • 2,790 Sq Ft Home
  • Multi-Level Property
  • Ceiling Fan
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Storm Windows
  • Washer

Kitchen

  • Second Kitchen
  • Oven or Range
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Ceramic Tile
  • Vinyl Plank

Bedrooms and Bathrooms

Outdoor Features

  • Deck
  • Patio

Location

  • Property is near public transit

Schools

  • Decatur High School

Utilities

  • Forced Air Heating System
  • Water Heater

Listing and Financial Details

  • Down Payment Assistance Available
  • Assessor Parcel Number 8731983280

Community Details

Overview

  • Twin Lakes Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Golf Course Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,075

Year Built

Built in 1973

Lot Details

0

HOA Fees

$33 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 14 - Split Entry
  • Year Built: 1973
  • Inclusions: Dishwasher,GarbageDisposal,Microwave,Refrigerator,SeeRemarks,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: Multi/Split
  • New Construction: No
  • CalculatedSquareFootage: 2790
  • EffectiveYearBuiltSource: See Remarks
  • SeniorExemption: false
  • Special Features: VirtualTour
  • Cumulative Days on Market: 838

Interior Features

  • Fireplaces: 2
  • Basement: None
  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, See Remarks, Stove/Range, Washer
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 6
  • Total Bedrooms: 6
  • Entry Location: Split
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Laminate, Vinyl Plank
  • Interior Amenities: Ceramic Tile, Laminate Hardwood, Second Kitchen, Bath Off Primary, Ceiling Fan(s), Double Pane/Storm Window, Water Heater
  • Living Area: 2790
  • Main Level Bedrooms: 4
  • Bathrooms: 2.75
  • BathsFullMain: 2
  • FireplacesMain: 1
  • SquareFootageFinished: 2790
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 1
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 2
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher,Garbage Disposal,Microwave,Refrigerator,See Remarks,Stove/Range,Washer
  • FireplacesLower: 1
  • NWM_NumberOfBathtubs: 2
  • NWM_NumberOfShowers: 1

Exterior Features

  • Roof: Composition
  • View: Golf Course, Territorial
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Direction Faces: Northeast
  • Exterior Features: Cement Planked, Wood
  • Foundation Details: Poured Concrete
  • Structure Type: House
  • BusLineNearby: true
  • WaterfrontFootage: RS7.2

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Attached Garage
  • Total Parking Spaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: Other – See Remarks
  • Cooling Y N: Yes
  • Heating: Forced Air
  • Heating Yn: Yes
  • PowerCompany: Puget Sound Energy
  • SewerCompany: Lakehaven Sewer District
  • WaterCompany: Tacoma Public Utilities
  • WaterHeaterLocation: Laundry Room Downstairs
  • WaterHeaterType: Gas

Condo/Co-op/Association

  • Community Features: CCRs, Golf
  • Senior Community: No
  • Association Fee: 99
  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

  • Junior High Dist: Federal Way
  • High School: Decatur High
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 8731983280
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 0.1791
  • Lot Size: Approx 75' x 99'
  • Lot Size Sq Ft: 7800
  • Zoning Description: RS7.2
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Gas Available,Patio
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • ShortTermRentalYN: false

Tax Info

  • Year: 2022
  • Tax Annual Amount: 6075

Multi Family

  • EnergySource: Electric,Natural Gas

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2023
Closed on
Apr 27, 2023
Sold by
Park Eun Hee and Park Geun B
Bought by
Park Geun B
Seller's Agent
DJ Reed
eXp Realty
Buyer's Agent
Kyong Kwon
Berkshire Hathaway HS NW
List Price
$745,000
Sold Price
$760,000
Premium/Discount to List
$15,000
2.01%
Views
45
Current Estimated Value
$773,252

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,252
Avg. Annual Appreciation
-1.12%
Original Mortgage
$608,000
Outstanding Balance
$593,596
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$147,048

Purchase Details

Listed on
Jul 29, 2022
Closed on
Jul 18, 2022
Sold by
Lee Perkins Christel
Bought by
Heart And Soul Property Solutions Llc
Buyer's Agent
Ashlyn Bagocius
eXp Realty
List Price
$560,000
Sold Price
$560,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
49.45%
Original Mortgage
$448,000
Interest Rate
5.7%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 20, 2005
Sold by
Perkins Jeffrey Delbert
Bought by
Perkins Christel Lee

Purchase Details

Closed on
Sep 23, 2005
Sold by
Hall Mckenzie W and Hall Lorraine L
Bought by
Sweep Kevin M and Sweepe Kymberli

Purchase Details

Closed on
Mar 14, 2001
Sold by
Hall William H and Hall Eleanor C
Bought by
Perkins Jeffrey D and Perkins Christel L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,680
Interest Rate
7.06%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 11, 1997
Sold by
Shuck William Ross and Shuck Ruth Anne
Bought by
Hall William H and Hall Eleanor C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,000
Interest Rate
7.83%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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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
Park Geun B -- Ticor Title
Park Sung Woong $760,000 Ticor Title
Heart And Soul Property Solutions Llc $560,000 Ticor Title
Perkins Christel Lee $20,000 None Available
Sweep Kevin M $472,500 Old Republic T
Perkins Jeffrey D $215,700 Chicago Title Insurance Co
Hall William H $169,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Park Sung Woong $608,000
Previous Owner Heart And Soul Property Soluti $448,000
Previous Owner Heart And Soul Property Soluti $200,000
Previous Owner Heart And Soul Property Solutions Llc $448,000
Previous Owner Perkins Christel $127,000
Previous Owner Perkins Christel L $50,000
Previous Owner Perkins Christel L $255,500
Previous Owner Perkins Jeffrey D $211,680
Previous Owner Hall William H $134,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2023 05/02/23 Sold $760,000 +2.0% $272 / Sq Ft
03/13/2023 03/13/23 Pending -- -- --
03/10/2023 03/10/23 For Sale $745,000 +33.0% $267 / Sq Ft
07/29/2022 07/29/22 Sold $560,000 0.0% $201 / Sq Ft
07/29/2022 07/29/22 For Sale $560,000 -- $201 / 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 $6,892 $690,000 $231,000 $459,000
2023 $6,075 $625,000 $209,000 $416,000
2022 $6,075 $619,000 $190,000 $429,000
2021 $5,012 $459,000 $152,000 $307,000
2020 $4,753 $415,000 $127,000 $288,000
2018 $4,732 $381,000 $101,000 $280,000
2017 $4,281 $332,000 $92,000 $240,000
2016 $4,160 $300,000 $84,000 $216,000
2015 $3,861 $279,000 $80,000 $199,000
2014 -- $265,000 $80,000 $185,000
2013 -- $217,000 $95,000 $122,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2043865

Northwest Multiple Listing Service (NWMLS)

APN: 873198-3280