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

509 SW 366th St Unit 6 Federal Way, WA 98023

Estimated Value: $1,199,000 - $1,368,000

4 Beds
2.5 Baths
2,850 Sq Ft
$452/Sq Ft Est. Value

Last Sold August 29, 2024

Last sale price $1,320,000 $463 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $7,670/month

28 Days on Market

Highlights

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

About This Home

As of August 2024

JK Monarchs Luxury South Campus Home Community w No HOAs & SEWER CONNECTED ON Quarter+ ACRE HOMESITES! Presents the 2850 Plan featuring a 2 Car Plus RV garage & Elegant Living on 1 level, wide Entry Foyer, incredible Island Kitchen w 2 pantries, Vaulted Ceiling in Primary Suite, Office Alcove & 3 Car/RV Garage at Jk Monarchs newest Contemporary community of homes w Lrg Homesites & Territorial Views. The ultimate in Northwest Lifestyle w access to the Freeways N & S yet a serene rural experience within Federal Way w shopping, restaurants & access in all directions. The photos of this Home are from the Model Home in the Parade of Homes and photos will have upgrades that are not found in this home but may be optional for the buyer. Lot 6

Last Agent to Sell the Property

Gini Anderson

BCR LLC License #27862 Listed on: 01/08/2024

BCR LLC

Last Buyer's Agent

Dan Faulkner

COMPASS License #23429

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2189910

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,441

Year Built

  • Built in 2024 | Under Construction

Lot Details

  • 0.41 Acre Lot
  • East Facing Home
  • Level Lot

Parking

  • 3 Car Attached Garage
  • Off-Street Parking

Home Design

  • Contemporary Architecture
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Stone Siding

Interior Spaces

  • 2,850 Sq Ft Home
  • 1-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

  • 4 Main Level Bedrooms
  • 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 Air Conditioning
  • High Efficiency Heating System
  • Heat Pump System
  • Water Heater
  • High Tech Cabling

Community Details

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

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 7879650060

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,441

Year Built

Built in 2024 | Under Construction

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 10 - 1 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: One
  • New Construction: Yes
  • CalculatedSquareFootage: 2850
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • EstimatedCompletionDate: 2024-11-30
  • NewConstruction: Under Construction
  • Special Features: NewHome

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Appliances: Dishwasher(s), Double Oven, Disposal, Microwave(s)
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • 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: 2850
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 4
  • Bathrooms: 2.5
  • BathsFullMain: 2
  • FireplacesMain: 1
  • SquareFootageFinished: 2850
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher(s),Double Oven,Garbage Disposal,Microwave(s)
  • NWM_NumberOfBathtubs: 2
  • NWM_NumberOfShowers: 2

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Paved
  • View: Yes
  • Waterfront: No
  • Builder Name: JK Monarch LLC
  • Direction Faces: East
  • Exterior Features: Cement/Concrete, Stone, Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Under Construction
  • 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
  • Cooling: 90%+ High Efficiency, Forced Air, Heat Pump
  • Cooling Y N: Yes
  • Heating: 90%+ High Efficiency, Forced Air, Heat Pump
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: LakeHaven
  • WaterCompany: LakeHaven
  • WaterHeaterLocation: Closet
  • 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: 7879650060
  • Topography: Level,Partial Slope
  • Land Lease: No
  • Lot Size Acres: 0.4119
  • Lot Size Sq Ft: 17943
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Patio
  • MLSLotSizeSource: Builder Plat Map
  • MLSSquareFootageSource: Builder
  • ZoningJurisdiction: City
  • LotNumber: 6

Green Features

  • Power Production Type: Electric, Natural Gas

Tax Info

  • Year: 2023

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
Jan 8, 2024
Closed on
Aug 15, 2024
Sold by
Jk Monarch Llc
Bought by
Gregg Roxanne
Seller's Agent
Gini Anderson
BCR LLC
Buyer's Agent
Dan Faulkner
COMPASS
List Price
$1,289,950
Sold Price
$1,320,000
Premium/Discount to List
$30,050
2.33%
Views
47
Current Estimated Value
$1,287,627

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$32,373
Avg. Annual Appreciation
-2.32%
Original Mortgage
$1,320,000
Outstanding Balance
$1,307,190
Interest Rate
6.77%
Mortgage Type
VA
Estimated Equity
-$19,563

Purchase Details

Closed on
Mar 18, 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
$851,770
Interest Rate
6.64%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Gregg Roxanne $1,320,000 Ticor Title
Jk Monarch Llc $300,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gregg Roxanne $1,320,000
Previous Owner Jk Monarch Llc $851,770
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2024 08/29/24 Sold $1,320,000 +0.1% $463 / Sq Ft
08/16/2024 08/16/24 Price Changed $1,318,550 +2.2% $463 / Sq Ft
02/05/2024 02/05/24 Pending -- -- --
01/08/2024 01/08/24 For Sale $1,289,950 -- $453 / 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 $10,441 $1,075,000 $235,000 $840,000
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: 2189910

Northwest Multiple Listing Service (NWMLS)

APN: 787965-0060