NOT LISTED FOR SALE

35643 2nd Ave SW Federal Way, WA 98023

Estimated Value: $872,634 - $940,000

5 Beds
3 Baths
2,720 Sq Ft
$333/Sq Ft Est. Value

Last Sold May 17, 2024

Last sale price $900,000 $331 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $5,771/month

5 Days on Market

Highlights

  • Craftsman Architecture
  • Loft
  • Double Oven
  • Property is near public transit
  • Walk-In Pantry
  • 2 Car Attached Garage

About This Home

As of May 2024

Fantastic 5-bedroom, 3-bathroom house in the lovely Retreat Meadows neighborhood! Main floor features open floor plan w/ modern kitchen/living/dining area, spacious walk-in pantry, & cozy fireplace. First of 5 bedrooms + full bathroom located on main floor. Upstairs area opens up to spacious loft that functions as extra living or play area. Nice sized bedrooms, including luxurious primary bedroom w/ en-suite bathroom. Abundant windows allow tons of natural light throughout. Backyard is fully fenced & very well-maintained, including garden shed w/ new pavement added by owner. Long, spacious driveway leading up to house offers privacy & plenty of parking space. Convenient location, close proximity to I-5 and Hwy- 99. Amazing find! See video.

Last Agent to Sell the Property

Connie Kim

Metro Seattle Properties License #20009 Listed on: 04/12/2024

Last Buyer's Agent

Stephen Ma

Best Choice Realty LLC License #51061

Best Choice Realty LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2219093

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,083

Year Built

  • Built in 2019

Lot Details

  • 7,252 Sq Ft Lot
  • Property is Fully Fenced
  • Level Lot
  • Garden
  • Property is in very good condition

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Craftsman Architecture
  • Poured Concrete
  • Composition Roof
  • Stone Siding

Interior Spaces

  • 2,720 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Dining Room
  • Loft
  • Storm Windows

Kitchen

  • Walk-In Pantry
  • Double Oven
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Schools

  • Enterprise Elementary School
  • Illahee Jnr High Middle School
  • Todd Beamer High School

Utilities

  • Forced Air Heating and Cooling System
  • High Efficiency Air Conditioning
  • High Efficiency Heating System
  • Tankless Water Heater
  • High Speed Internet
  • High Tech Cabling
  • Cable TV Available

Additional Features

  • Patio
  • Property is near public transit

Community Details

  • Built by Lennar NW
  • Federal Way Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,083

Year Built

Built in 2019

Lot Details

0

HOA Fees

$25 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 12 - 2 Story
  • Year Built: 2019
  • Buyer Agency Compensation: 2.5
  • Inclusions: Dishwashers,DoubleOven,Dryers,GarbageDisposal,Microwaves,Refrigerators,StovesRanges,Washers
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Craftsman
  • Building Name: Retreat Meadows
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 2720
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2219093?w=Consumer&agent=53768
  • Special Features: VirtualTour
  • Cumulative Days on Market: 407

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Appliances: Dishwasher(s), Double Oven, Dryer(s), Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Full Bathrooms: 3
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Laminate, Carpet
  • Interior Amenities: Ceramic Tile, Laminate, Wall to Wall Carpet, Bath Off Primary, Double Pane/Storm Window, Dining Room, High Tech Cabling, Loft, Walk-In Closet(s), Walk-In Pantry, Fireplace, Water Heater
  • Living Area: 2720
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Bathrooms: 3
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 2720
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 2
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 4
  • AppliancesIncluded: Dishwasher(s),Double Oven,Dryer(s),Garbage Disposal,Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Builder Name: Lennar NW
  • Exterior Features: Cement/Concrete, Stone
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: House
  • BusLineNearby: true

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage
  • Total Parking Spaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced
  • Cooling: 90%+ High Efficiency, Central A/C, Forced Air
  • Cooling Y N: Yes
  • Heating: 90%+ High Efficiency, Forced Air, Tankless Water Heater
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: Lakehaven
  • WaterCompany: Lakehaven
  • WaterHeaterType: Tankless/ Gas

Condo/Co-op/Association

  • Community Features: CCRs
  • Senior Community: No
  • Association Fee: 300
  • Association Fee Frequency: Annually
  • Association: Yes
  • Common Interest: Residential

Schools

  • Junior High Dist: Federal Way
  • High School: Todd Beamer High
  • Middle Or Junior School: Illahee Jnr High

Lot Info

  • Parcel Number: 7242900070
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 0.1665
  • Lot Size Sq Ft: 7252
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Fully,Gas Available,High Speed Internet,Patio
  • MLSLotSizeSource: KCP
  • MLSSquareFootageSource: KCP

Green Features

  • Power Production Type: Electric, Natural Gas

Tax Info

  • Year: 2023
  • Tax Annual Amount: 8083

Multi Family

  • EnergySource: Electric,Natural Gas

MLS Schools

  • Elementary School: Enterprise Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2024
Closed on
May 15, 2024
Sold by
Hong Hea Jin
Bought by
Lee Michael and Lee Yip Yung
Seller's Agent
Connie Kim
Metro Seattle Properties
Buyer's Agent
Stephen Ma
Best Choice Realty LLC
List Price
$875,000
Sold Price
$900,000
Premium/Discount to List
$25,000
2.86%
Views
77
Current Estimated Value
$906,909

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,909
Avg. Annual Appreciation
0.38%
Original Mortgage
$500,000
Outstanding Balance
$495,194
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
$408,539

Purchase Details

Closed on
Apr 13, 2022
Sold by
Ja Hong Jeung and Ja Woong Jae
Bought by
Hong Hea Jin

Purchase Details

Closed on
Oct 29, 2019
Sold by
Lennar Northwest Inc
Bought by
Hong Jeung Ja and Hong Jae Woong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$539,955
Interest Rate
3.5%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Lee Michael $900,000 First American Title Insurance
Hong Hea Jin $313 None Listed On Document
Hong Jeung Ja $599,950 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Michael $500,000
Previous Owner Hong Jeung Ja $539,955
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2024 05/17/24 Sold $900,000 +2.9% $331 / Sq Ft
04/17/2024 04/17/24 Pending -- -- --
04/12/2024 04/12/24 For Sale $875,000 -- $322 / 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 $8,324 $850,000 $217,000 $633,000
2023 $8,083 $769,000 $181,000 $588,000
2022 $7,457 $830,000 $200,000 $630,000
2021 $6,755 $664,000 $175,000 $489,000
2020 $3,352 $564,000 $113,000 $451,000
2018 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2024

    Connie Kim

    Metro Seattle Properties

    (206) 779-0583

    19 Total Sales

    Connie Kim
    Section Image
  • Stephen Ma

    Buyer's Agent in 2024

    Stephen Ma

    Best Choice Realty Brokerage

    (206) 778-9888

    35 Total Sales

    Stephen Ma
    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2219093

Northwest Multiple Listing Service (NWMLS)

APN: 724290-0070

Washington King County Federal Way 98023

35643 2nd Ave SW, Federal Way, WA

This home is located at 35643 2nd Ave SW, Federal Way, WA 98023 since 12 April 2024 and is currently estimated at $906,909, approximately $333 per square foot. This property was built in 2019. 35643 2nd Ave SW is a home located in King County with nearby schools including Enterprise Elementary School, Illahee Middle School, and Todd Beamer High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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