NOT LISTED FOR SALE

Estimated Value: $609,559 - $706,000

4 Beds
2 Baths
2,180 Sq Ft
$302/Sq Ft Est. Value

Last Sold January 05, 2018

Last sale price $425,000 $195 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $4,141/month

199 Days on Market

Highlights

  • Territorial View
  • Ceramic Tile Flooring
  • Wood Siding
  • Cul-De-Sac
  • Gated Home

About This Home

As of January 2018

Great location in Federal Way, walking distance to just about everything. 2 units completely remodeled, both are two bedroom, one bath. All new tile floors, kitchen cabinets, granite counters, some new appliances, washer and dryer installed, full tile tub and glass shower enclosure, new fixtures, all new canned lighting, move in ready. Additional parking for RV or extra cars, fully fenced, lot line adjustment almost done, allow 30 days. Both units are rented, allow 24 hrs. 1 yr. leases

Last Agent to Sell the Property

Gregory Skagen

Windermere Real Estate/PSK Inc License #42704 Listed on: 04/26/2017

Windermere Real Estate/PSK Inc

Last Buyer's Agent

Garrett Kaiser

RE/MAX Northwest License #94065

RE/MAX Northwest

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1113375

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,737

Year Built

  • Built in 1964 | Remodeled

Lot Details

  • 8,000 Sq Ft Lot
  • Cul-De-Sac
  • Street terminates at a dead end
  • Gated Home
  • Property is Fully Fenced

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

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

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile

Parking

  • 5 Parking Spaces
  • Open Parking

Utilities

  • Cable TV Available

Community Details

  • Federal Way Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7978200075

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,737

Year Built

Built in 1964 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1964
  • Buyer Agency Compensation: 3.0
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2180
  • EffectiveYearBuiltSource: See Remarks
  • Special Features: None
  • Cumulative Days on Market: 322

Interior Features

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

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Cul-De-Sac, Dead End Street, Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Remodeled
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 5
  • Open Parking: Yes
  • Total Parking Spaces: 5
  • ParkingUncoveredSpaces: 5

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: SecurityGate, PartiallyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: Lake Haven
  • WaterCompany: Lake Haven
  • WaterSewerGarbage: 0

Schools

  • Junior High Dist: Federal Way

Lot Info

  • Parcel Number: 7978200075
  • Lot Size Acres: 0.1837
  • Lot Size Sq Ft: 8000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Fully,Gated Entry
  • MLSLotSizeSource: Lot line adjustment
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

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

Tax Info

  • Year: 2017
  • Tax Annual Amount: 3737

Multi Family

  • Number Of Units Total: 6
  • Leasable Area: 2180
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 31, 2022
Sold by
Wayne Kaiser Walter
Bought by
S And Kaiser Llc
Current Estimated Value
$657,890

Purchase Details

Closed on
May 30, 2018
Sold by
Kaiser Walter W and Kaiser Wanda S
Bought by
Kaiser Walter Wayne and Sharonkaiser Wanda

Purchase Details

Closed on
May 1, 2018
Sold by
375 Pioneer Exchange Accommodation Titl
Bought by
Kaiser Walter W and Kaiser Wanda S

Purchase Details

Listed on
Apr 26, 2017
Closed on
Dec 29, 2017
Sold by
Mcclincy Tim W
Bought by
375 Pioneer Exchange Accommodation Titl
Seller's Agent
Gregory Skagen
Windermere Real Estate/PSK Inc
Buyer's Agent
Garrett Kaiser
RE/MAX Northwest
List Price
$425,000
Sold Price
$425,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.23%

Purchase Details

Closed on
Apr 28, 2003
Sold by
Chi Un J
Bought by
Mccliney Tim W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,750
Interest Rate
5.72%

Purchase Details

Closed on
May 8, 1998
Sold by
Tyner L David
Bought by
Chi Un J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,400
Interest Rate
7.75%
Source: Public Records

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
S And Kaiser Llc -- None Listed On Document
Kaiser Walter Wayne -- None Available
Kaiser Walter W -- Accommodation
375 Pioneer Exchange Accommodation Titl $425,000 Cw Title
Mccliney Tim W $225,000 Commonwealth L
Chi Un J $118,000 1St American Title
Tyner L David -- First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcclincy Tim W $136,000
Previous Owner Mccliney Tim W $153,750
Previous Owner Chi Un J $94,400
Closed Chi Un J $11,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/05/2018 01/05/18 Sold $425,000 0.0% $195 / Sq Ft
11/12/2017 11/12/17 Pending -- -- --
11/06/2017 11/06/17 For Sale $425,000 0.0% $195 / Sq Ft
09/06/2017 09/06/17 Pending -- -- --
08/28/2017 08/28/17 Price Changed $425,000 0.0% $195 / Sq Ft
08/28/2017 08/28/17 For Sale $425,000 +11.8% $195 / Sq Ft
05/01/2017 05/01/17 Pending -- -- --
04/26/2017 04/26/17 For Sale $380,000 -- $174 / 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 $5,882 $591,000 $123,000 $468,000
2023 $5,752 $542,000 $108,000 $434,000
2022 $5,219 $585,000 $116,000 $469,000
2021 $4,696 $460,000 $94,000 $366,000
2020 $4,474 $388,000 $84,000 $304,000
2018 $4,356 $354,000 $84,000 $270,000
2017 $3,738 $271,200 $42,200 $229,000
2016 $3,840 $261,000 $76,000 $185,000
2015 $3,534 $257,000 $76,000 $181,000
2014 -- $242,000 $76,000 $166,000
2013 -- $200,000 $73,000 $127,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1113375

Northwest Multiple Listing Service (NWMLS)

APN: 797820-0075