NOT LISTED FOR SALE

34506 16th Ave SW Federal Way, WA 98023

Madrona Meadows - Fed Way Neighborhood

Estimated Value: $725,153 - $775,000

4 Beds
3 Baths
2,356 Sq Ft
$316/Sq Ft Est. Value

About This Home

This home is located at 34506 16th Ave SW, Federal Way, WA 98023 and is currently estimated at $744,288, approximately $315 per square foot. 34506 16th Ave SW is a home located in King County with nearby schools including Sherwood Forest Elementary School, Illahee Middle School, and Todd Beamer High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 19, 2016
Sold by
Som Barry and Som Kim V
Bought by
Som Sandy
Current Estimated Value
$744,288

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,400
Outstanding Balance
$128,840
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$620,265

Purchase Details

Closed on
Feb 7, 2006
Sold by
Schneider Homes Inc
Bought by
Som Barry and Som Kim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$309,500
Interest Rate
6.2%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

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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
Som Sandy $343,000 Fidelity National Title
Som Barry $386,900 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Som Sandy $274,400
Closed Som Barry $309,500
Source: Public Records

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 $6,668 $671,000 $172,000 $499,000
2023 $6,418 $607,000 $144,000 $463,000
2022 $5,921 $655,000 $160,000 $495,000
2021 $5,211 $524,000 $140,000 $384,000
2020 $5,080 $432,000 $96,000 $336,000
2018 $5,150 $408,000 $96,000 $312,000
2017 $5,033 $362,000 $88,000 $274,000
2016 $4,887 $354,000 $80,000 $274,000
2015 $4,528 $329,000 $77,000 $252,000
2014 -- $312,000 $77,000 $235,000
2013 -- $248,000 $81,000 $167,000
Source: Public Records

Map

Washington King County Federal Way 98023 Madrona Meadows - Fed Way

34506 16th Ave SW, Federal Way, WA

This home is located at 34506 16th Ave SW, Federal Way, WA 98023 and is currently estimated at $744,288, approximately $315 per square foot. 34506 16th Ave SW is a home located in King County with nearby schools including Sherwood Forest Elementary School, Illahee Middle School, and Todd Beamer High School.

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