Listed by Keller Williams Realty, Bought with Skyline Properties, Inc.
NOT LISTED FOR SALE

3805 SW 331st St Federal Way, WA 98023

Twin Lakes Neighborhood

Estimated Value: $547,000 - $630,000

4 Beds
3 Baths
1,980 Sq Ft
$294/Sq Ft Est. Value

Last Sold January 25, 2017

Last sale price $300,000 $152 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $3,524/month

11 Days on Market

About This Home

As of January 2017

4 bed, 3 bath, 1980 sq ft home on .19 acre corner lot. This light and bright home has vaulted ceilings in the living and dining rooms; tiled counters in the kitchen, two fireplaces, spacious family room, and a level backyard. Great location near freeways, golf course, and amenities.

Last Agent to Sell the Property

Jonathan Harper

Keller Williams Realty License #27909 Listed on: 09/19/2016

Keller Williams Realty

Last Buyer's Agent

Kaewett Nelson

Skyline Properties, Inc. License #90202

Skyline Properties, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1031596

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,247

Year Built

  • Built in 1978

Lot Details

  • 8,276

Parking

  • Attached Garage

Home Design

  • Composition Roof
  • Wood Composite

Community Details

  • Federal Way Community

Listing and Financial Details

  • Assessor Parcel Number 8732131420

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,247

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 14 - Split Entry
  • Building Information: Built On Lot
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4.00
  • Lower Level Bedroom: 1
  • Bathrooms: 3.00
  • Total Full Bathrooms: 3
  • Lower Level Full Bathrooms: 1
  • Estimated Sq Ft: 1980
  • Square Footage Finished: 1980

Exterior Features

  • Exterior: Wood Products
  • Roof: Composition

Garage/Parking

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

Utilities

  • Heating And Cooling: Forced Air
  • Sewer: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Federal Way

Schools

  • School District: FED

Lot Info

  • Lot Sq Ft: 8075
  • Parcel Number: 8732131420

Tax Info

  • Tax Amount: 3418

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2016
Closed on
Jan 19, 2017
Sold by
Freo Washington Llc
Bought by
Martinez Cervantes Mariana and Cervantes Alex Doshae Martinez
Seller's Agent
Jonathan Harper
Keller Williams Realty
Buyer's Agent
Kaewett Nelson
Skyline Properties, Inc.
List Price
$304,900
Sold Price
$300,000
Premium/Discount to List
-$4,900
-1.61%
Current Estimated Value
$582,248

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$282,248
Avg. Annual Appreciation
7.89%
Original Mortgage
$294,566
Outstanding Balance
$239,209
Interest Rate
3.62%
Mortgage Type
FHA
Estimated Equity
$343,039

Purchase Details

Closed on
Nov 22, 2016
Sold by
Progress Residential 2015-1 Borrower Llc
Bought by
Freo Washington Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,566
Outstanding Balance
$239,209
Interest Rate
3.62%
Mortgage Type
FHA
Estimated Equity
$343,039

Purchase Details

Closed on
Feb 3, 2015
Sold by
Freo Washington Llc
Bought by
Progress Residential 2015-1 Borrower Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$558,681
Interest Rate
3.76%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 25, 2013
Sold by
Alcorn Dina N and Alcorn Anthony D
Bought by
Freo Washington Llc

Purchase Details

Closed on
Apr 19, 2013
Sold by
Eastside Funding Llc
Bought by
Freo Washington Llc

Purchase Details

Closed on
Jun 14, 2004
Sold by
Kim Eun S
Bought by
Alcorn Anthony D and Alcorn Dina N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,200
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
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
Martinez Cervantes Mariana $300,000 Chicago Title
Freo Washington Llc -- Fidelity Natl Title Group
Progress Residential 2015-1 Borrower Llc -- Fidelity Natl Title Group
Freo Washington Llc $230,000 None Available
Freo Washington Llc -- None Available
Alcorn Anthony D $234,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Cervantes Mariana $294,566
Previous Owner Progress Residential 2015-1 Borrower Llc $558,681
Previous Owner Alcorn Anthony D $187,200
Closed Alcorn Anthony D $23,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/25/2017 01/25/17 Sold $300,000 -1.6% $152 / Sq Ft
10/01/2016 10/01/16 Pending -- -- --
09/19/2016 09/19/16 For Sale $304,900 -- $154 / 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 $5,247 $519,000 $216,000 $303,000
2023 $5,048 $470,000 $195,000 $275,000
2022 $4,670 $511,000 $178,000 $333,000
2021 $4,111 $410,000 $142,000 $268,000
2020 $3,902 $338,000 $117,000 $221,000
2018 $3,882 $311,000 $94,000 $217,000
2017 $3,515 $271,000 $86,000 $185,000
2016 $3,418 $245,000 $79,000 $166,000
2015 $3,179 $228,000 $76,000 $152,000
2014 -- $217,000 $76,000 $141,000
2013 -- $178,000 $89,000 $89,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    Jonathan Harper

    Keller Williams Realty

    (253) 651-7500

    118 Total Sales

    Jonathan Harper
    Section Image

  • K

    Buyer's Agent in 2017

    Kaewett Nelson

    Skyline Properties, Inc

    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1031596

Northwest Multiple Listing Service (NWMLS)

APN: 873213-1420

Washington King County Federal Way 98023 Twin Lakes

3805 SW 331st St, Federal Way, WA

This home is located at 3805 SW 331st St, Federal Way, WA 98023 since 19 September 2016 and is currently estimated at $582,248, approximately $294 per square foot. This property was built in 1978. 3805 SW 331st St is a home located in King County with nearby schools including Green Gables Elementary School, Lakota Middle School, and Decatur 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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