NOT LISTED FOR SALE

37201 1st Ave SW Federal Way, WA 98023

Estimated Value: $461,000 - $501,000

3 Beds
1 Bath
860 Sq Ft
$562/Sq Ft Est. Value

Last Sold September 17, 2021

Last sale price $400,000 $465 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $3,072/month

8 Days on Market

Highlights

  • RV Access or Parking
  • Secluded Lot
  • Wood Flooring
  • Mountain View
  • Wooded Lot
  • 1 Fireplace

About This Home

As of September 2021

MOVE IN READY!!! Cozy and comfortable 3 bed 1 bath gem. Very well maintained - this quaint home is a solid starter or investment opportunity! Super value with some room to make it your own by adding a personalized touch! Home features Oak 6 panel doors, Oak cabinets, tile counter tops and hardwoods in the kitchen. Equipped with 2 car garage and oversized lot with plenty of room for parking large size vehicles, RV or boat! Ideal location for commuters. Shopping and great schools nearby! Check it out!!!

Last Agent to Sell the Property

Cal Farrah

Premier Real Estate Partners License #136988 Listed on: 08/12/2021

Last Buyer's Agent

Sue Willoughby

Engel & Voelkers Seattle DT License #126560

Engel & Voelkers Seattle DT

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1818363

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,552

Year Built

  • Built in 1979

Lot Details

  • Open Space
  • Street terminates at a dead end
  • Dog Run
  • Brush Vegetation
  • Secluded Lot
  • Level Lot
  • Wooded Lot
  • Garden
  • Value in Land

Property Views

  • Mountain
  • Territorial

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 1 Fireplace

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Laundry

  • Dryer
  • Washer

Parking

  • Attached Garage
  • RV Access or Parking

Utilities

  • Septic System
  • High Speed Internet
  • Cable TV Available

Community Details

  • Federal Way Community

Listing and Financial Details

  • Assessor Parcel Number 2188203475

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,552

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 10 - 1 Story
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1979
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Ceiling Fan(s), Dbl Pane/Storm Windw
  • Floor Covering: Ceramic Tile, Hardwood, Laminate, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 3
  • Bathrooms: 1.00
  • Total Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Master Bedroom: Main
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Family Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 860
  • Square Footage Finished: 860

Exterior Features

  • Exterior: Wood, Wood Products
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Mountain, Territorial

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 2

Utilities

  • Heating And Cooling: Baseboard, Wall
  • Power Company: PSE
  • Sewer: Septic
  • Sewer Company: Septic
  • Water Company: Lakehaven
  • Water Heater: Garage-Electric
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Federal Way

Schools

  • School District: FED

Lot Info

  • Lot Details: Dead End Street, Open Space, Secluded, Value In Land
  • Lot Sq Ft: 9000
  • Lot Topography Vegetation: Brush, Garden Space, Level, Partial Slope, Wooded
  • Parcel Number: 2188203475
  • Lot Topography: Brush, Garden Space, Level, Partial Slope, Wooded

Tax Info

  • Tax Amount: 3058

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2021
Closed on
Sep 14, 2021
Sold by
Avila Booth Shane and Avila Booth Andrew
Bought by
Borgford Luis R
Seller's Agent
Cal Farrah
Premier Real Estate Partners
Buyer's Agent
Sue Willoughby
Engel & Voelkers Seattle DT
List Price
$398,000
Sold Price
$400,000
Premium/Discount to List
$2,000
0.5%
Current Estimated Value
$483,368

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,368
Avg. Annual Appreciation
5.01%
Original Mortgage
$320,000
Outstanding Balance
$293,939
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$187,202

Purchase Details

Listed on
Jun 27, 2019
Closed on
Aug 29, 2019
Sold by
Dixon Karen M
Bought by
Avila Booth Shane and Avila Booth Andrew
Seller's Agent
David McDonald
DMD Real Estate
Buyer's Agent
Cal Farrah
Premier Real Estate Partners
List Price
$284,999
Sold Price
$290,000
Premium/Discount to List
$5,001
1.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.26%
Original Mortgage
$296,235
Interest Rate
3.7%
Mortgage Type
VA

Purchase Details

Closed on
Jul 19, 2007
Sold by
Desimone Ryan R
Bought by
Dixon Karen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
6.51%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 19, 2000
Sold by
Lewis Gordon T
Bought by
Desimone Ryan R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,017
Interest Rate
8.07%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 5, 1993
Sold by
Cls Mtg Of Lynnwood Inc
Bought by
Lewis Gordon T

Purchase Details

Closed on
Oct 20, 1992
Sold by
Bullard Gary R and Bullard Linda M
Bought by
Cls Mortgage Of Lynnwood Inc
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
Borgford Luis R $400,000 Equity Title Of Wa Llc
Avila Booth Shane $290,000 Endpoint Closing Inc
Dixon Karen M $245,000 Stewart Title
Desimone Ryan R $148,000 Stewart Title
Lewis Gordon T $79,000 --
Cls Mortgage Of Lynnwood Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Borgford Luis R $320,000
Previous Owner Avila Booth Shane $296,863
Previous Owner Avila Booth Shane $296,235
Previous Owner Dixon Karen M $195,544
Previous Owner Dixon Karen M $196,000
Previous Owner Desimone Ryan R $147,017
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2021 09/17/21 Sold $400,000 +0.5% $465 / Sq Ft
08/20/2021 08/20/21 Pending -- -- --
08/12/2021 08/12/21 For Sale $398,000 +37.2% $463 / Sq Ft
09/11/2019 09/11/19 Sold $290,000 +1.8% $337 / Sq Ft
07/25/2019 07/25/19 Pending -- -- --
06/27/2019 06/27/19 For Sale $284,999 -- $331 / 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 $4,552 $452,000 $140,000 $312,000
2023 $4,391 $409,000 $117,000 $292,000
2022 $4,055 $442,000 $130,000 $312,000
2021 $3,058 $354,000 $114,000 $240,000
2020 $2,969 $248,000 $69,000 $179,000
2018 $3,018 $235,000 $69,000 $166,000
2017 $2,735 $209,000 $63,000 $146,000
2016 $2,661 $189,000 $58,000 $131,000
2015 $2,469 $176,000 $56,000 $120,000
2014 -- $167,000 $56,000 $111,000
2013 -- $146,000 $72,000 $74,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1818363

Northwest Multiple Listing Service (NWMLS)

APN: 218820-3475