NOT LISTED FOR SALE

4624 SW 316th Place Federal Way, WA 98023

Twin Lakes Neighborhood

Estimated Value: $643,575 - $675,000

4 Beds
3 Baths
2,020 Sq Ft
$325/Sq Ft Est. Value

About This Home

This home is located at 4624 SW 316th Place, Federal Way, WA 98023 and is currently estimated at $656,144, approximately $324 per square foot. 4624 SW 316th Place is a home located in King County with nearby schools including Twin Lakes Elementary School, Lakota Middle School, and Decatur High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 30, 2018
Sold by
2018 2 Ih Borrower Lp
Bought by
2018 2 Ih Borrower Lp
Current Estimated Value
$656,144

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,722,500
Outstanding Balance
$91,998,095
Interest Rate
4.4%
Mortgage Type
Loan Amount Between One & Nine Billion
Estimated Equity
-$91,341,951

Purchase Details

Closed on
Jan 15, 2015
Sold by
Ih2 Property Washington Lp
Bought by
2015-1 Ih2 Borrower Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,854
Interest Rate
3.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Apr 26, 2013
Sold by
Nerida Marcelino C and Nerida Edie M
Bought by
Ih2 Property Washington Lp

Purchase Details

Closed on
Jul 20, 2011
Sold by
Watts Daniel
Bought by
Nerida Marcelino C and Nerida Edie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,321
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 28, 1994
Sold by
Prange James J and Prange Janalee D
Bought by
Watts Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
4.75%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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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
2018 2 Ih Borrower Lp -- Os National Llc
2015-1 Ih2 Borrower Lp -- Fidelity National Title Grou
Ih2 Property Washington Lp $240,210 Fidelity Natio Td
Nerida Marcelino C $224,000 Commonwealth L
Watts Daniel $145,000 Western Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2018 2 Ih Borrower Lp $105,722,500
Closed 2018 2 Ih Borrower Lp $105,722,500
Previous Owner 2015-1 Ih2 Borrower Lp $540,854
Previous Owner 2015-1 Ih2 Borrower Lp $540,854
Previous Owner Nerida Marcelino C $218,321
Previous Owner Watts Daniel $116,000
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 $5,614 $560,000 $203,000 $357,000
2023 $5,569 $507,000 $183,000 $324,000
2022 $5,021 $551,000 $167,000 $384,000
2021 $4,778 $442,000 $133,000 $309,000
2020 $4,532 $395,000 $110,000 $285,000
2018 $4,509 $363,000 $88,000 $275,000
2017 $4,086 $316,000 $80,000 $236,000
2016 $3,971 $286,000 $73,000 $213,000
2015 $3,690 $266,000 $70,000 $196,000
2014 -- $253,000 $70,000 $183,000
2013 -- $194,000 $89,000 $105,000
Source: Public Records

Map

Washington King County Federal Way 98023 Twin Lakes

4624 SW 316th Place, Federal Way, WA

This home is located at 4624 SW 316th Place, Federal Way, WA 98023 and is currently estimated at $656,144, approximately $324 per square foot. 4624 SW 316th Place is a home located in King County with nearby schools including Twin Lakes 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.

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