5101 SW 316th Place Federal Way, WA 98023
Twin Lakes NeighborhoodEstimated payment $3,413/month
Highlights
- 2.1 Acre Lot
- Level Lot
- 3-minute walk to Palisades Park
About This Lot
Prime close in development potential property, water, sewer, and electricity in the street. The property is flat with no environmental issues or concerns.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 1812884
Property Details
Property Type
- Land
Est. Annual Taxes
- $4,205
Lot Details
- 2.1 Acre Lot
- Level Lot
Schools
- Twin Lakes Elementary School
- Lakota Mid Sch Middle School
- Decatur High School
Utilities
- Sewer in Street
Community Details
- Dash Point Subdivision
Listing and Financial Details
- Tax Lot 1
- Assessor Parcel Number 1021039016
Map
Home Values in the Area
Average Home Value in this Area
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 | $5,371 | $538,000 | $412,000 | $126,000 |
| 2023 | $5,358 | $487,000 | $373,000 | $114,000 |
| 2022 | $4,846 | $526,000 | $380,000 | $146,000 |
| 2021 | $4,205 | $426,000 | $346,000 | $80,000 |
| 2020 | $4,008 | $346,000 | $318,000 | $28,000 |
| 2018 | $2,753 | $202,000 | $192,000 | $10,000 |
| 2017 | $2,749 | $190,000 | $180,000 | $10,000 |
| 2016 | $2,676 | $190,000 | $180,000 | $10,000 |
| 2015 | $2,456 | $177,000 | $167,000 | $10,000 |
| 2014 | -- | $166,000 | $156,000 | $10,000 |
| 2013 | -- | $159,000 | $149,000 | $10,000 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/10/2023 08/10/23 | Pending | -- | -- | -- |
| 05/31/2023 05/31/23 | Price Changed | $574,900 | -4.0% | -- |
| 06/22/2022 06/22/22 | Price Changed | $599,000 | -9.2% | -- |
| 06/21/2022 06/21/22 | For Sale | $659,950 | 0.0% | -- |
| 05/08/2022 05/08/22 | Pending | -- | -- | -- |
| 09/07/2021 09/07/21 | Price Changed | $659,950 | -7.4% | -- |
| 07/23/2021 07/23/21 | For Sale | $712,995 | -- | -- |
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 1812884
APN: 102103-9016
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