Listed by BCR LLC, Bought with Redfin
NOT LISTED FOR SALE

421 SW 366th St Federal Way, WA 98023

Estimated Value: $1,100,000 - $1,174,000

5 Beds
2.5 Baths
2,730 Sq Ft
$420/Sq Ft Est. Value

Last Sold December 11, 2024

Last sale price $1,157,500 $424 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $6,849/month

388 Days on Market

Highlights

  • New Construction
  • Territorial View
  • Engineered Wood Flooring
  • Contemporary Architecture
  • Vaulted Ceiling
  • No HOA

About This Home

As of December 2024

End of the year Price reduction on this COMPLETED Model! A Private Driveway leads you to this MAIN FLOOR PRIMARY SUITE Home in JK Monarchs South Campus Estates Luxury Home Community, No HOAs & SEWER CONNECTED ON Over 17,000 SqFt Lot, 5 Bdrm home features 2-Story Ceiling in Great Rm, 5th Bdrm/Main Flr office, Powder rm, open Bonus Rm up, Large Island in exquisite Kitchen appointed w 36" Gas Cooking, 3 Car Garage. 10 Lrg Homesites & Territorial Views. The ultimate in our NW Lifestyle w access to the Freeways N & S yet a serene rural experience in a quiet Federal Way neighborhood w shopping, restaurants & access in all directions. Actual Photos of Home. Lot 8

Last Agent to Sell the Property

Gini Anderson

BCR LLC License #27862 Listed on: 10/24/2023

BCR LLC

Last Buyer's Agent

Lisa Bender

Redfin License #21019905

Redfin

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2174430

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 0.41 Acre Lot
  • West Facing Home
  • Partially Fenced Property
  • Level Lot
  • Sprinkler System
  • Property is in very good condition

Parking

  • 3 Car Attached Garage
  • Off-Street Parking

Home Design

  • Contemporary Architecture
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Stone Siding
  • Cement Board or Planked

Interior Spaces

  • 2,730 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Gas Fireplace
  • French Doors
  • Dining Room
  • Territorial Views
  • Storm Windows

Kitchen

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

Flooring

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

Bedrooms and Bathrooms

  • Walk-In Closet
  • Bathroom on Main Level

Outdoor Features

  • Patio

Schools

  • Illahee Jnr High Middle School

Utilities

  • Forced Air Heating and Cooling System
  • High Efficiency Heating System
  • Heat Pump System
  • Water Heater
  • High Speed Internet
  • High Tech Cabling

Community Details

  • No Home Owners Association
  • Built by JK Monarch
  • Federal Way Subdivision

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 7879650080

Home Details

Home Type

Single Family

Year Built

Built in 2024 | New Construction

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 12 - 2 Story
  • Year Built: 2024
  • Buyer Agency Compensation: 2.5
  • Inclusions: Dishwasher(s),Double Oven,Garbage Disposal,Microwave(s)
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Northwest Contemporary
  • Building Name: South Campus
  • Unit Levels: Two
  • New Construction: Yes
  • CalculatedSquareFootage: 2730
  • SeniorExemption: false
  • NewConstruction: Completed
  • DetachedDwellingSqFtFinished: 0
  • Special Features: NewHome

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Appliances: Dishwasher(s), Double Oven, Disposal, Microwave(s)
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Engineered Hardwood, Vinyl, Carpet
  • Interior Amenities: Bath Off Primary, Ceramic Tile, Double Pane/Storm Window, Dining Room, Fireplace, French Doors, High Tech Cabling, Vaulted Ceiling(s), Walk-In Closet(s), Walk-In Pantry, Wall to Wall Carpet, Water Heater
  • Living Area: 2730
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • BathsFullMain: 1
  • SquareFootageFinished: 2730
  • SquareFootageUnfinished: 0
  • BathsFullLower: 0
  • BathsFullUpper: 1
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 3
  • AppliancesIncluded: Dishwasher(s),Double Oven,Garbage Disposal,Microwave(s)

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Builder Name: JK Monarch
  • Direction Faces: West
  • Exterior Features: Cement/Concrete, Cement Planked, Stone, Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: House
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage, Off Street
  • Total Parking Spaces: 3

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Cooling: Forced Air, Heat Pump
  • Cooling Y N: Yes
  • Heating: Forced Air, Heat Pump, High Efficiency (Unspecified)
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: LakeHaven
  • WaterCompany: LakeHaven
  • WaterHeaterLocation: Closet 2nd Floor
  • WaterHeaterType: ELECTRIC HYBRID
  • CableConnected: xfinity
  • InternetConnected: xfinity

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Fee Information

  • NWM_OtherDuesOrFeesYN: false

Schools

  • Junior High Dist: Federal Way
  • High School: Buyer To Verify
  • Middle Or Junior School: Illahee Jnr High

Lot Info

  • Parcel Number: 7879650080
  • Topography: Level,Terraces
  • Land Lease: No
  • Lot Size Acres: 0.4112
  • Lot Size Sq Ft: 17912
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially,High Speed Internet,Patio,Sprinkler System
  • MLSLotSizeSource: Builder Plat Map
  • ZoningJurisdiction: City
  • LotNumber: 8

Green Features

  • Power Production Type: Electric, Natural Gas

Tax Info

  • Year: 2024

Multi Family

  • EnergySource: Electric,Natural Gas

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2023
Closed on
Dec 9, 2024
Sold by
Lee Kwang S
Bought by
Lee Youn Joo
Seller's Agent
Gini Anderson
BCR LLC
Buyer's Agent
Lisa Bender
Redfin
List Price
$1,124,950
Sold Price
$1,157,500
Premium/Discount to List
$32,550
2.89%
Views
102
Current Estimated Value
$1,145,983

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,517
Avg. Annual Appreciation
-0.98%
Original Mortgage
$157,500
Outstanding Balance
$156,200
Interest Rate
6.54%
Mortgage Type
New Conventional
Estimated Equity
$989,783

Purchase Details

Listed on
Oct 24, 2023
Closed on
Nov 27, 2024
Sold by
Jk Monarch Llc
Bought by
Lee Lillian Jihae and Lee Youn Joo
Seller's Agent
Gini Anderson
BCR LLC
Buyer's Agent
Lisa Bender
Redfin
List Price
$1,124,950
Sold Price
$1,157,500
Premium/Discount to List
$32,550
2.89%
Views
102

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Outstanding Balance
$156,200
Interest Rate
6.54%
Mortgage Type
New Conventional
Estimated Equity
$989,783

Purchase Details

Closed on
Jan 9, 2024
Sold by
South Campus Development Llc
Bought by
Jk Monarch Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,584,000
Interest Rate
6.61%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lee Youn Joo $313 None Listed On Document
Lee Youn Joo $313 None Listed On Document
Lee Lillian Jihae $1,157,500 Ticor Title
Lee Lillian Jihae $1,157,500 Ticor Title
Jk Monarch Llc $600,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Lillian Jihae $157,500
Closed Lee Lillian Jihae $157,500
Previous Owner Jk Monarch Llc $1,584,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2024 12/11/24 Sold $1,157,500 -1.5% $424 / Sq Ft
11/15/2024 11/15/24 Pending -- -- --
10/29/2024 10/29/24 Price Changed $1,174,950 -2.1% $430 / Sq Ft
10/11/2024 10/11/24 Price Changed $1,199,950 -2.8% $440 / Sq Ft
05/31/2024 05/31/24 Price Changed $1,234,950 +5.1% $452 / Sq Ft
02/14/2024 02/14/24 Price Changed $1,174,950 +2.2% $430 / Sq Ft
11/19/2023 11/19/23 Price Changed $1,149,950 +2.2% $421 / Sq Ft
10/24/2023 10/24/23 For Sale $1,124,950 -- $412 / 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 $9,923 $1,023,000 $235,000 $788,000
2023 $2,081 $196,000 $196,000 --
2022 -- -- -- --
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2174430

Northwest Multiple Listing Service (NWMLS)

APN: 787965-0080