Listed by Lumin Brokers of Washington, Bought with Icon Group
NOT LISTED FOR SALE

Estimated Value: $524,000 - $572,123

4 Beds
3 Baths
1,560 Sq Ft
$348/Sq Ft Est. Value

Last Sold June 09, 2023

Last sale price $469,900 $301 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,327/month

13 Days on Market

Highlights

  • Contemporary Architecture
  • Vaulted Ceiling
  • No HOA
  • Territorial View
  • 2 Fireplaces
  • Storm Windows

About This Home

As of June 2023

APPROVED SHORT SALE PRICE. Take a look at this great opportunity to purchase a property with instant equity. This split-level home would really shine with a little TLC. Highly sought after Twin Lakes community with no HOA. It features hardwood floors and granite countertops throughout. Spacious master with an ensuite bathroom. Two wood burning fireplace perfect for cold nights. Finished garage adds extra living space for potential rental opportunity. Large backyard perfect for entertaining with shed for extra storage. Close to amenities and freeways.

Last Agent to Sell the Property

Richard Kim

Lumin Brokers of Washington License #50106 Listed on: 04/20/2023

Last Buyer's Agent

Lowell Morrison

Icon Group License #134544

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2057556

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,505

Year Built

  • Built in 1975

Lot Details

  • 7,490 Sq Ft Lot
  • Partially Fenced Property
  • Sloped Lot
  • Property is in average condition

Parking

  • Driveway

Home Design

  • Contemporary Architecture
  • Split Foyer
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 1,560 Sq Ft Home
  • Multi-Level Property
  • Vaulted Ceiling
  • 2 Fireplaces
  • Electric Fireplace
  • Dining Room
  • Territorial Views
  • Natural lighting in basement
  • Storm Windows

Kitchen

  • Oven or Range
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating System
  • Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • S Federal Way Subdivision

Listing and Financial Details

  • Down Payment Assistance Available
  • Tax Lot 77
  • Assessor Parcel Number 0100600770

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,505

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 14 - Split Entry
  • Year Built: 1975
  • Inclusions: Dishwasher,Microwave,Refrigerator,StoveRange
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Northwest Contemporary
  • Building Name: Alder Grove
  • Unit Levels: Multi/Split
  • New Construction: No
  • CalculatedSquareFootage: 1560
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • NWM_ExcludedItemsYN: false
  • Special Features: 12
  • Cumulative Days on Market: 799

Interior Features

  • Fireplaces: 2
  • Basement: Daylight
  • Appliances: Dishwasher, Microwave, Refrigerator, Stove/Range
  • Full Bathrooms: 3
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Electric
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Carpet
  • Interior Amenities: Ceramic Tile, Wall to Wall Carpet, Bath Off Primary, Double Pane/Storm Window, Dining Room, Vaulted Ceiling(s), Water Heater
  • Living Area: 1560
  • Main Level Bedrooms: 3
  • Bathrooms: 3
  • BathsFullMain: 2
  • FireplacesMain: 1
  • SquareFootageFinished: 1560
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 1
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 1
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher,Microwave,Refrigerator,Stove/Range
  • FireplacesLower: 1
  • NWM_NumberOfBathtubs: 3
  • NWM_NumberOfShowers: 3

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Curbs, Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Average
  • Structure Type: House

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Open Parking: No
  • Parking Features: Driveway

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: Lakehaven
  • WaterCompany: Lakehaven
  • WaterHeaterLocation: Utility
  • WaterHeaterType: Gas

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Federal Way

Lot Info

  • Parcel Number: 0100600770
  • Topography: PartialSlope
  • Land Lease: No
  • Lot Size Acres: 0.1719
  • Lot Size Sq Ft: 7490
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,High Speed Internet,Patio
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist
  • ZoningJurisdiction: City
  • LotNumber: 77

Green Features

  • Power Production Type: Electric, Natural Gas, Wood

Rental Info

  • Furnished: Unfurnished
  • ShortTermRentalYN: false

Tax Info

  • Year: 2022
  • Tax Annual Amount: 4505

Multi Family

  • EnergySource: Electric,Natural Gas,Wood

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 2, 2007
Sold by
Laki Margaret
Bought by
Wani Simon
Current Estimated Value
$525,844

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,000
Outstanding Balance
$38,120
Interest Rate
6.19%
Mortgage Type
Stand Alone Second
Estimated Equity
$477,734

Purchase Details

Closed on
Feb 1, 2007
Sold by
Tsau Chan Tong Stephen and Tsau Ho Kwok Ying
Bought by
Wani Justine Simon and Roman Justine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,000
Outstanding Balance
$38,120
Interest Rate
6.19%
Mortgage Type
Stand Alone Second
Estimated Equity
$477,734

Purchase Details

Closed on
Sep 23, 2004
Sold by
Tsau Ho Kwok Y
Bought by
Tsau Chan Tong Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 19, 2001
Sold by
Kim Kye Nam and Kim Yong Cha
Bought by
Leang Kevin Yau

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
7.09%
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
Wani Simon -- The Talon Grou
Wani Justine Simon $310,000 The Talon Grou
Tsau Chan Tong Stephen -- Ticor Title Company
Tsau Chan Tong Stephen $240,000 Ticor National
Leang Kevin Yau $177,500 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wani Justine Simon $62,000
Open Wani Justine Simon $248,000
Previous Owner Tsau Chan Tong Stephen $168,000
Previous Owner Leang Kevin Yau $157,500
Closed Tsau Chan Tong Stephen $48,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2023 06/09/23 Sold $469,900 0.0% $301 / Sq Ft
05/03/2023 05/03/23 Pending -- -- --
04/20/2023 04/20/23 For Sale $469,900 -10.6% $301 / Sq Ft
04/29/2022 04/29/22 Sold $525,750 +9.5% $337 / Sq Ft
03/07/2022 03/07/22 Pending -- -- --
03/01/2022 03/01/22 For Sale $480,000 -- $308 / 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 $5,071 $503,000 $167,000 $336,000
2023 $5,029 $456,000 $151,000 $305,000
2022 $4,505 $495,000 $138,000 $357,000
2021 $3,830 $395,000 $110,000 $285,000
2020 $3,634 $314,000 $90,000 $224,000
2018 $3,617 $289,000 $72,000 $217,000
2017 $3,278 $252,000 $66,000 $186,000
2016 $3,185 $228,000 $60,000 $168,000
2015 $2,952 $212,000 $58,000 $154,000
2014 -- $201,000 $58,000 $143,000
2013 -- $161,000 $73,000 $88,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2057556

Northwest Multiple Listing Service (NWMLS)

APN: 010060-0770