NOT LISTED FOR SALE

Estimated Value: $480,000 - $549,343

4 Beds
2 Baths
1,540 Sq Ft
$340/Sq Ft Est. Value

Last Sold August 13, 2020

Last sale price $338,000 $219 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $3,331/month

4 Days on Market

Highlights

  • Territorial View
  • Cul-De-Sac
  • Patio
  • 1 Fireplace
  • Attached Garage
  • Property is Fully Fenced

About This Home

As of August 2020

Well-loved Mid-century Modern with open floor plan. Hard to find four bedroom rambler in quiet cul-de-sac on large lot. Living room, dining room and kitchen flow together with vaulted ceilings and access to covered patio, perfect for indoor/outdoor entertaining. Master suite with private bath, plus three more bedrooms & bath. Fully fenced back yard, 2-year old roof, and a location that can’t be beat. Close to The Commons, I-5 access, & only 20 minutes to downtown Tacoma, 30 to Seattle.

Last Listed By

Spencer Bowen

eXp Realty License #22013862 Listed on: 05/14/2020

eXp Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1601225

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,834

Year Built

  • Built in 1962

Lot Details

  • Cul-De-Sac
  • Property is Fully Fenced
  • Level Lot

Parking

  • Attached Garage

Home Design

  • Pillar, Post or Pier Foundation
  • Bitumen Roof
  • Wood Siding

Interior Spaces

  • 1 Fireplace
  • Territorial Views
  • Oven or Range

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Laundry

  • Dryer
  • Washer

Additional Features

  • Patio
  • Cable TV Available

Community Details

  • Federal Way Community

Listing and Financial Details

  • Assessor Parcel Number 894200950

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,834

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 10 - 1 Story
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Dbl Pane/Storm Windw, Dining Room, Walk In Pantry
  • Floor Covering: Laminate, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dryer, Range/Oven, Refrigerator, Washer
  • Bedrooms: 4.00
  • Main Floor Bedrooms: 4
  • Bathrooms: 2.00
  • Total Full Bathrooms: 2
  • Main Level Full Bathrooms: 2
  • Master Bedroom: Main
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Dining Room: Main
  • Family Room: Main
  • Kitchen: Main
  • Living Room: Main
  • Estimated Sq Ft: 1540
  • Square Footage Finished: 1540

Exterior Features

  • Exterior: Wood
  • Foundation: Post And Pillar
  • Roof: Torch Down
  • View: Territorial

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 1

Utilities

  • Heating And Cooling: Forced Air
  • Power Company: PSE
  • Sewer: Sewer Connected
  • Sewer Company: Lakehaven
  • Water Company: Lakehaven
  • Water Heater: Closet-Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Federal Way

Schools

  • Elementary School: Buyer To Verify
  • Middle School: Buyer To Verify
  • High School: Buyer To Verify
  • School District: FED

Lot Info

  • Lot Details: Cul-De-Sac, Paved Street
  • Lot Sq Ft: 8800
  • Lot Topography Vegetation: Level
  • Parcel Number: 894200950
  • Lot Topography: Level

Tax Info

  • Tax Amount: 2989

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 23, 2021
Sold by
Akinlosotu Folashade G and Akinlosotu Matthew A
Bought by
Waigwa Jane and Muthiora Lawrence
Total Days on Market
4
Current Estimated Value
$523,086

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Outstanding Balance
$326,360
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$192,503

Purchase Details

Listed on
May 14, 2020
Closed on
Aug 12, 2020
Sold by
Ongom Alice
Bought by
Akinlosotu Folashade G and Akinlosotu Matthew A
Seller's Agent
Spencer Bowen
eXp Realty
Buyer's Agent
Matthew Akinlosotu
Kelly Right RE of Seattle LLC
List Price
$349,900
Sold Price
$338,000
Premium/Discount to List
-$11,900
-3.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.38%
Original Mortgage
$275,808
Interest Rate
3%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 22, 2000
Sold by
Mathews Beatrice B
Bought by
Ongom Alice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
10.5%

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
Waigwa Jane $450,000 Wfg Natl Ttl Co Of Wa Llc
Akinlosotu Folashade G $338,000 Wfg Natl Ttl Co Of Wa Llc
Ongom Alice $160,000 Washington Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Waigwa Jane $360,000
Previous Owner Akinlosotu Matthew A $285,000
Previous Owner Akinlosotu Folashade G $275,808
Previous Owner Ongom Alice $10,000
Previous Owner Ongom Alice $52,521
Previous Owner Ongom Alice $212,000
Previous Owner Ongom Alice $10,323
Previous Owner Ongom Alice $193,500
Previous Owner Ongom Alice $128,000
Closed Ongom Alice $20,422
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2020 08/13/20 Sold $338,000 -3.4% $219 / Sq Ft
05/18/2020 05/18/20 Pending -- -- --
05/14/2020 05/14/20 For Sale $349,900 -- $227 / 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 $4,834 $479,000 $146,000 $333,000
2023 $4,667 $434,000 $132,000 $302,000
2022 $4,319 $471,000 $120,000 $351,000
2021 $3,070 $378,000 $96,000 $282,000
2020 $3,226 $249,000 $78,000 $171,000
2018 $2,892 $256,000 $62,000 $194,000
2017 $2,623 $200,000 $57,000 $143,000
2016 $2,545 $181,000 $52,000 $129,000
2015 $2,370 $168,000 $50,000 $118,000
2014 -- $160,000 $50,000 $110,000
2013 -- $156,000 $57,000 $99,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1601225

Northwest Multiple Listing Service (NWMLS)

APN: 894520-0950