Listed by WeLakeside
NOT LISTED FOR SALE

33028 22nd Place S Federal Way, WA 98003

Estimated Value: $624,439 - $690,000

4 Beds
4 Baths
2,180 Sq Ft
$300/Sq Ft Est. Value

Last Sold March 11, 2019

Last sale price $370,000 $170 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $3,945/month

2 Days on Market

Highlights

  • Deck
  • Partially Fenced Property
  • Wall to Wall Carpet
  • Territorial View

About This Home

As of March 2019

Great income producing Duplex! In convenient location to transit, HWY 18/I-5 and shopping. Solid, consistent rent,
Section 8 approved. 2 story townhome style units, each side has 2bed/2bath with individual attached garage plus extra
parking in front and has private backyard. 3year old New carpet and paint, newer water heater+ furnace, new roof in 2010! Great for investment or owner occupant in one and lease the other. Minutes to Commons Mall and Crossings Mall.

Last Agent to Sell the Property

Heidi Lee

WeLakeside License #93125 Listed on: 02/01/2019

WeLakeside

Co-Listed By

Kenny Lee

WeLakeside License #76173

WeLakeside

Last Buyer's Agent

Kenny Lee

WeLakeside License #76173

WeLakeside

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1405776

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,439

Year Built

  • Built in 1979

Lot Details

  • 7,684 Sq Ft Lot
  • Street terminates at a dead end
  • Partially Fenced Property
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,180 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Schools

  • Lake Dolloff Elementary School
  • Sequoyah Mid Sch Middle School
  • Todd Beamer High School

Additional Features

  • Deck
  • Cable TV Available

Community Details

  • Evergreen Crest Condos
  • Federal Way Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2412600130

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,439

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1979
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Evergreen Crest
  • New Construction: No
  • CalculatedSquareFootage: 2180
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family, Residential
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Forced Air, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Dead End Street, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Metal/Vinyl
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Utilities: Cable Connected, Natural Gas Available, Sewer Connected, Electric, Wood
  • PowerCompany: PSE
  • SewerCompany: Lakeheaven
  • WaterCompany: Lakehaven
  • WaterSewerGarbage: 1800

Schools

  • Junior High Dist: Federal Way
  • High School: Todd Beamer High
  • Middle Or Junior School: Sequoyah Mid Sch

Lot Info

  • Parcel Number: 2412600130
  • Lot Size Acres: 0.1764
  • Lot Size Sq Ft: 7684
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,Gas Available
  • MLSLotSizeSource: King County
  • ZoningClass: Multi-Family,Residential

Green Features

  • Power Production Type: Electric, Wood

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 1040

Multi Family

  • Gross Scheduled Income: 26400
  • Number Of Units Total: 2
  • Insurance Expense: 1300
  • Leasable Area: 2180
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2018
  • Tax Annual Amount: 4439

MLS Schools

  • Elementary School: Lake Dolloff Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2019
Closed on
Feb 25, 2019
Sold by
Park Woong Chul and Park Mija
Bought by
S & O Enterprises Llc
Seller's Agent
Heidi Lee
WeLakeside
Buyer's Agent
Kenny Lee
WeLakeside
List Price
$399,000
Sold Price
$370,000
Premium/Discount to List
-$29,000
-7.27%
Current Estimated Value
$653,860

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$283,860
Avg. Annual Appreciation
8.98%

Purchase Details

Listed on
Sep 1, 2015
Closed on
Feb 10, 2016
Sold by
Park Mija and Park Woong Chul
Bought by
Park Woong Chui
Seller's Agent
Janice McNeal
WeLakeside
Buyer's Agent
Kenny Lee
WeLakeside
List Price
$289,950
Sold Price
$260,000
Premium/Discount to List
-$29,950
-10.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.14%

Purchase Details

Closed on
Jun 21, 1994
Sold by
Mueller Carolyn J and Mueller Philip A
Bought by
Kang Moeun and Hak Saksithan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,100
Interest Rate
8.6%

Purchase Details

Closed on
Mar 20, 1992
Sold by
Mueller Philip A and Mueller Carolyn J
Bought by
Mueller Philip A and Mueller Carolyn J
Source: Public Records

Range of Values:

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Average Value
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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
S & O Enterprises Llc $370,000 Cw Title
Park Woong Chui -- Cw Title Co
Park Woong Chul $261,000 Cw Title Co
Kang Moeun $133,000 Stewart Title Company
Mueller Philip A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kang Moeun $93,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/11/2019 03/11/19 Sold $370,000 -7.3% $170 / Sq Ft
02/03/2019 02/03/19 Pending -- -- --
02/01/2019 02/01/19 For Sale $399,000 +53.5% $183 / Sq Ft
02/12/2016 02/12/16 Sold $260,000 -10.3% $119 / Sq Ft View Prior Sale
01/30/2016 01/30/16 Pending -- -- --
09/01/2015 09/01/15 For Sale $289,950 -- $133 / 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 $5,860 $585,000 $150,000 $435,000
2023 $5,657 $533,000 $130,000 $403,000
2022 $5,131 $575,000 $139,000 $436,000
2021 $4,614 $452,000 $113,000 $339,000
2020 $4,392 $381,000 $100,000 $281,000
2018 $4,439 $348,000 $100,000 $248,000
2017 $3,807 $311,000 $78,000 $233,000
2016 $3,912 $266,000 $78,000 $188,000
2015 $3,591 $262,000 $78,000 $184,000
2014 -- $246,000 $78,000 $168,000
2013 -- $203,000 $75,000 $128,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1405776

Northwest Multiple Listing Service (NWMLS)

APN: 241260-0130