NOT LISTED FOR SALE

32421 12th Ave SW Federal Way, WA 98023

Alderbrook Neighborhood

Estimated Value: $729,000 - $778,000

4 Beds
3 Baths
2,530 Sq Ft
$299/Sq Ft Est. Value

About This Home

This home is located at 32421 12th Ave SW, Federal Way, WA 98023 and is currently estimated at $756,061, approximately $298 per square foot. 32421 12th Ave SW is a home located in King County with nearby schools including Silver Lake Elementary School, Illahee Middle School, and Decatur High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 7, 2020
Sold by
Min Tae Won and Cho Young Cha
Bought by
Min Tae Won and Cho Young Cha
Current Estimated Value
$756,061

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,500
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 21, 2003
Sold by
Norton Michael J and Norton Lori Beth
Bought by
Min Tae Won and Min Young Cha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,950
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 9, 1993
Sold by
Norton Jr Michael J
Bought by
Norton Michael J and Norton Lori
Source: Public Records

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
Min Tae Won -- First American Title
Min Tae Won $289,950 Fidelity Natio
Norton Michael J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Min Tae Won $450,000
Closed Min Tae Won $237,500
Open Min Tae Won $1,738,000
Closed Min Tae Won $1,738,000
Closed Min Tae W $140,000
Closed Min Tae Won $232,000
Closed Min Tae Won $231,950
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 $6,677 $671,000 $166,000 $505,000
2023 $6,418 $607,000 $139,000 $468,000
2022 $5,921 $655,000 $154,000 $501,000
2021 $5,842 $524,000 $135,000 $389,000
2020 $5,698 $486,000 $101,000 $385,000
2018 $5,777 $459,000 $101,000 $358,000
2017 $5,228 $407,000 $92,000 $315,000
2016 $5,076 $368,000 $84,000 $284,000
2015 $4,712 $342,000 $80,000 $262,000
2014 -- $325,000 $80,000 $245,000
2013 -- $286,000 $81,000 $205,000
Source: Public Records

Map

Washington King County Federal Way 98023 Alderbrook

32421 12th Ave SW, Federal Way, WA

This home is located at 32421 12th Ave SW, Federal Way, WA 98023 and is currently estimated at $756,061, approximately $298 per square foot. 32421 12th Ave SW is a home located in King County with nearby schools including Silver Lake Elementary School, Illahee Middle School, and Decatur High School.

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