Listed by Dove Realty, Inc., Bought with CENTURY 21 Real Estate Center
NOT LISTED FOR SALE

33043 22nd Place S Federal Way, WA 98003

Estimated Value: $701,738 - $778,000

6 Beds
4 Baths
2,400 Sq Ft
$308/Sq Ft Est. Value

Last Sold January 31, 2020

Last sale price $610,000 $254 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $4,603/month

About This Home

As of January 2020

Beautiful upgraded duplex, town home style. Updates in the last 4 years include new Roof, new Siding, new Windows, Water Heater, Updated Master Bath. New furnace in 2019. Updated bathroom flooring in 2020. Recent updates include new Light Fixtures, new Mirrors, new Carpet in one unit living room,Sliding Door to backyard, new paint in living and kitchen areas. Private driveway, and fully fenced in backyard with quiet view of green belt. Close to I5, Hwy 99, Costco, Home Depot, Federal Way Mall. C

Last Agent to Sell the Property

Devinderjit Sidhu

Dove Realty, Inc. License #107680 Listed on: 11/13/2020

Last Buyer's Agent

Chris Lee

CENTURY 21 Real Estate Center License #50382

CENTURY 21 Real Estate Center

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1689662

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,126

Year Built

  • Built in 1980

Lot Details

  • 6,098 Sq Ft Lot
  • Cul-De-Sac
  • Property is in very good condition

Home Design

  • Duplex
  • Slab Foundation
  • Shake Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,400 Sq Ft Home
  • 2-Story Property

Parking

  • 6 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Utilities

  • Private Water Source

Community Details

  • Federal Way Subdivision

Listing and Financial Details

  • Legal Lot and Block C-5 / 745
  • Assessor Parcel Number 2412600080

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,126

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1980
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2400
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 351

Interior Features

  • Fireplace: No
  • Interior Amenities: Forced Air
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Cedar Shake
  • Lot Features: Cul-De-Sac
  • View: No
  • Waterfront: No
  • Exterior Features: Metal/Vinyl
  • Foundation Details: Slab
  • Property Condition: Very Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Private
  • Utilities: Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: Lakehaven
  • WaterCompany: Lakehaven
  • WaterSewerGarbage: 1440

Schools

  • Junior High Dist: Federal Way

Lot Info

  • Parcel Number: 2412600080
  • Lot Size Acres: 0.14
  • Lot Size Sq Ft: 6098
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: City
  • LotNumber: C-5

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 13
  • LeasedItems: None
  • TotalMonthlyIncome: 3600

Multi Family

  • Gross Scheduled Income: 43200
  • Net Operating Income: 36234
  • Number Of Units Total: 2
  • Insurance Expense: 400
  • Leasable Area: 2400
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2020
  • Tax Annual Amount: 5126

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 24, 2020
Sold by
Pannu Sukhpal Singh and Pannu Leela
Bought by
Wu Pierce and Lu Karen
Current Estimated Value
$739,185

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Outstanding Balance
$117,247
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$630,307

Purchase Details

Listed on
Mar 25, 2017
Closed on
May 19, 2017
Sold by
Tran Thao N and Ngo Tu V
Bought by
Pannu Sukhpal Singh and Pannu Leela
Seller's Agent
Trang Vu
Skyline Properties, Inc.
Buyer's Agent
Inderpal Chadha
AgencyOne
List Price
$424,950
Sold Price
$422,950
Premium/Discount to List
-$2,000
-0.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.17%
Original Mortgage
$303,750
Interest Rate
4.1%

Purchase Details

Closed on
Dec 17, 2007
Sold by
Deutsche Bank National Trust Co
Bought by
Tran Thao N and Ngo Tu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
6.09%

Purchase Details

Closed on
Aug 8, 2007
Sold by
Kim Jhin B
Bought by
Deutsche Bank National Trust Co and First Franklin Mortgage Loan Trust 2006-

Purchase Details

Closed on
May 1, 2006
Sold by
Hayes Mary F
Bought by
Kim Jhin Bue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,120
Interest Rate
7.37%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Nov 8, 2002
Sold by
Hayes Mary F
Bought by
Hayes Mary F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,000
Interest Rate
5.95%

Purchase Details

Closed on
Dec 15, 1995
Sold by
Hayes Mary Frances
Bought by
Hayes Mary Frances and Mary Frances Hayes Living Trust
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
Wu Pierce $605,000 Chicago Title
Pannu Sukhpal Singh $422,950 Stewart Title
Tran Thao N $320,000 First American
Deutsche Bank National Trust Co $293,548 First American
Kim Jhin Bue $343,900 First American
Hayes Mary F -- Commonwealth Land Title
Hayes Mary Frances -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wu Pierce $155,000
Previous Owner Pannu Sukhpal Singh $303,750
Previous Owner Tran Thao N $256,000
Previous Owner Kim Jhin Bue $275,120
Previous Owner Hayes Mary F $97,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2020 11/18/20 Pending -- -- --
11/13/2020 11/13/20 For Sale $619,900 +1.6% $258 / Sq Ft
01/31/2020 01/31/20 Sold $610,000 +44.2% $254 / Sq Ft
05/22/2017 05/22/17 Sold $422,950 -0.5% $176 / Sq Ft
04/07/2017 04/07/17 Pending -- -- --
03/25/2017 03/25/17 For Sale $424,950 -- $177 / 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 $6,677 $672,000 $150,000 $522,000
2023 $6,589 $624,000 $130,000 $494,000
2022 $5,976 $673,000 $139,000 $534,000
2021 $5,374 $529,000 $113,000 $416,000
2020 $5,126 $446,000 $100,000 $346,000
2018 $5,554 $407,000 $100,000 $307,000
2017 $3,821 $391,000 $78,000 $313,000
2016 $4,014 $267,000 $78,000 $189,000
2015 $3,690 $269,000 $78,000 $191,000
2014 -- $253,000 $78,000 $175,000
2013 -- $209,000 $75,000 $134,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1689662

Northwest Multiple Listing Service (NWMLS)

APN: 241260-0080