NOT LISTED FOR SALE

32321 18th Ave SW Federal Way, WA 98023

Alderbrook Neighborhood

Estimated Value: $561,474 - $580,000

3 Beds
3 Baths
1,520 Sq Ft
$375/Sq Ft Est. Value

Last Sold August 22, 2014

Last sale price $221,000 $145 Per Sq Ft

Est. 158% increase in value since last sale

Current estimated payment $3,607/month

38 Days on Market

About This Home

As of August 2014

Fantastic Alderbrook tri-level. This home has a new gourmet kitchen with stainless appliances, solid stone counter tops and new wood flooring. New carpet in living and family rooms. Family room is wired for media center and has a fireplace and a slider that opens to the back yard. Half bath and laundry off family room. Upstairs has 2 bedrooms and a full bath plus a large master suite with it's own bath and walk-in closet. Two car garage with extra storage. Newer hot water heater. A true gem!

Last Listed By

Wesley Jones

Keller Williams Rlty Bellevue License #50134 Listed on: 02/10/2014

Keller Williams Rlty Bellevue

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM591496

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

Other

Est. Annual Taxes

$5,042

Year Built

1987

Lot Details

0

Listing Details

  • Condition: Average
  • Sq Ft Finished: 1520
  • Form 17: Provided
  • Special Features: 12
  • Year Built: 1987

Interior Features

  • Appliances: Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Fireplaces: 1
  • Features: Bath Off Master, Double Pane/Storm Window, Dining Room, Security System, Skylights, Vaulted Ceilings, Walk-in Closet
  • Fireplaces: 1
  • Floor: Hardwood, Laminate, Wall to Wall Carpet
  • Water Heater Location: Garage-Gas

Exterior Features

  • Roof: Composition
  • Exterior: Wood
  • Lot Details: Curbs, Paved Street, Sidewalk
  • Roof: Composition
  • Site Features: Cable TV, Partial Fence, Natural Gas Available, Patio
  • Lot Topography: Level, Partial Slope

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Spaces: 2

Utilities

  • Cooling: Forced Air
  • Heating: Forced Air
  • Appliances: Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Heating and Cooling: Forced Air
  • Power Company: PSE
  • Sewer: Connected
  • Sewer Company: Lake Haven
  • Water Company: Lake Haven
  • Water Source: Public

Schools

  • School District: FED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 2, 2020
Sold by
Gilchrest Christopher and Sale Chelsea
Bought by
Gilchrest Christopher
Total Days on Market
38
Current Estimated Value
$569,369

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,620
Outstanding Balance
$242,283
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$327,086

Purchase Details

Closed on
Dec 1, 2020
Sold by
Gilchrest Christopher
Bought by
Gilchrest Christopher and Gilchrest Sarah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,620
Outstanding Balance
$242,283
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$327,086

Purchase Details

Listed on
Feb 10, 2014
Closed on
Aug 12, 2014
Sold by
Cadden Kelly M and Cadden Rochelle A
Bought by
Gilchrest Christopher and Gilchrest Chelsea
Seller's Agent
Wesley Jones
Keller Williams Rlty Bellevue
Buyer's Agent
Kevin Gilchrest
Best Choice Network LLC
List Price
$219,950
Sold Price
$221,000
Premium/Discount to List
$1,050
0.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.18%
Original Mortgage
$216,997
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 28, 2007
Sold by
See Phillip J
Bought by
Cadden Kelly M and Cadden Rochelle A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,400
Interest Rate
6.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 25, 2000
Sold by
Funderburk James M
Bought by
See Phillip J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,452
Interest Rate
8.2%

Purchase Details

Closed on
Jan 26, 1998
Sold by
Funderburk Edna J and Russell Edna J
Bought by
Funderburk James M

Purchase Details

Closed on
Jan 26, 1993
Sold by
Van Van Nguyen Yen Van and Dang Chin Thi
Bought by
Funderburk James M and Funderburk Russell E

Range of Values:

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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
Gilchrest Christopher -- Servicelink
Gilchrest Christopher -- Servicelink
Gilchrest Christopher $221,000 Ticor Title
Cadden Kelly M $298,000 First American
See Phillip J $169,950 Commonwealth Land Title Ins
Funderburk James M -- Washington Title Company
Funderburk James M $128,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gilchrest Christopher $268,620
Closed Gilchrest Christopher $62,373
Closed Gilchrest Christopher $216,997
Previous Owner Cadden Kelly M $275,357
Previous Owner Cadden Kelly M $283,641
Previous Owner Cadden Kelly M $279,450
Previous Owner Cadden Kelly M $238,400
Previous Owner See Phillip J $161,452
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2014 08/22/14 Sold $221,000 +7.8% $145 / Sq Ft
03/21/2014 03/21/14 Pending -- -- --
03/06/2014 03/06/14 Price Changed $205,000 -6.8% $135 / Sq Ft
02/10/2014 02/10/14 For Sale $219,950 -- $145 / 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 $5,042 $501,000 $154,000 $347,000
2023 $4,839 $453,000 $129,000 $324,000
2022 $4,461 $489,000 $143,000 $346,000
2021 $3,666 $391,000 $125,000 $266,000
2020 $3,564 $300,000 $81,000 $219,000
2018 $3,617 $284,000 $81,000 $203,000
2017 $3,278 $252,000 $74,000 $178,000
2016 $3,185 $228,000 $68,000 $160,000
2015 $2,952 $212,000 $65,000 $147,000
2014 -- $201,000 $65,000 $136,000
2013 -- $179,000 $67,000 $112,000
Source: Public Records

Agents Affiliated with this Home

  • Wesley Jones

    Seller's Agent in 2014

    Wesley Jones

    Keller Williams Realty Bellevue

    (206) 331-5185

    258 Total Sales

    Wesley Jones
    Section Image

  • J

    Seller Co-Listing Agent in 2014

    Jennifer Grusz

    Keller Williams Rlty Bellevue

  • K

    Buyer's Agent in 2014

    Kevin Gilchrest

    Best Choice Realty Brokerage

    (206) 372-4757

    2 Total Sales

    Kevin Gilchrest
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM591496

Northwest Multiple Listing Service (NWMLS)

APN: 010454-0820

Washington King County Federal Way 98023 Alderbrook

32321 18th Ave SW, Federal Way, WA

Homes for Sale in Federal Way, WA

This home is located at 32321 18th Ave SW, Federal Way, WA 98023 since 10 February 2014 and is currently estimated at $569,369, approximately $374 per square foot. This property was built in 1987. 32321 18th Ave SW is a home located in King County with nearby schools including Silver Lake Elementary School, Illahee Middle School, and Decatur 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.

Northwest Multiple Listing Service (NWMLS) Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. ©2025 NWMLS.

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