NOT LISTED FOR SALE

5209 SW 316th Place Federal Way, WA 98023

Twin Lakes Neighborhood

Estimated Value: $536,000 - $593,000

2 Beds
1 Bath
1,440 Sq Ft
$397/Sq Ft Est. Value

About This Home

This home is located at 5209 SW 316th Place, Federal Way, WA 98023 and is currently estimated at $571,762, approximately $397 per square foot. 5209 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
Aug 19, 2025
Sold by
Erbe Wolfgang L and Erbe-Gretler Silvia
Bought by
Erbe-Gretler Silvia
Current Estimated Value
$571,762

Purchase Details

Closed on
Apr 6, 2005
Sold by
Erbe Karola Banning
Bought by
Erbe Wolfgang L

Purchase Details

Closed on
Jun 3, 2003
Sold by
Vasari Denise C
Bought by
Erbe Wolfgang L and Banning Erbe Karola B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,500
Interest Rate
5.71%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 1, 2001
Sold by
Erbe Wolfgang Lord and Erbe Wolfgang H
Bought by
Vasari Denise C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,772
Interest Rate
7.15%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 4, 1992
Sold by
Irwin Leroy V and Irwin Margaret
Bought by
Erbe Wolfgang H

Purchase Details

Closed on
Jan 28, 1992
Sold by
The Development Corp
Bought by
Irwin Leroy and Irwin Margaret
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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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
Erbe-Gretler Silvia $313 None Listed On Document
Erbe Wolfgang L -- --
Erbe Wolfgang L $195,000 Chicago Title
Vasari Denise C $156,000 First American
Erbe Wolfgang H $99,500 --
Irwin Leroy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Erbe Wolfgang L $175,500
Previous Owner Vasari Denise C $153,772
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 $5,079 $503,000 $218,000 $285,000
2023 $4,858 $455,000 $198,000 $257,000
2022 $4,538 $491,000 $202,000 $289,000
2021 $3,936 $398,000 $184,000 $214,000
2020 $3,751 $323,000 $169,000 $154,000
2018 $3,770 $288,000 $114,000 $174,000
2017 $3,390 $263,000 $107,000 $156,000
2016 $3,185 $236,000 $107,000 $129,000
2015 $2,909 $212,000 $100,000 $112,000
2014 -- $198,000 $94,000 $104,000
2013 -- $180,000 $90,000 $90,000
Source: Public Records

Map

Washington King County Federal Way 98023 Twin Lakes

5209 SW 316th Place, Federal Way, WA

This home is located at 5209 SW 316th Place, Federal Way, WA 98023 and is currently estimated at $571,762, approximately $397 per square foot. 5209 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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