Seller's Agent in 2020
Mercedes Smith
Engel & Voelkers Chambers Bay
(425) 879-6701
2 in this area
51 Total Sales
521 SW 316th St Federal Way, WA 98023
Mirror Lake NeighborhoodEstimated Value: $399,000 - $458,000
1
Bed
1
Bath
580
Sq Ft
$757/Sq Ft
Est. Value
Highlights
- RV Access or Parking
- Territorial View
- Gazebo
- Secluded Lot
- 1 Fireplace
- Garden
About This Home
As of November 2020Why pay condo dues? This adorable cabin on 1/4 acre lives large - endless storage in 580 sq ft unfinished basement and detached shop. Have it all on a smaller scale! A/C, sewer, central heat, wood stove , large lot and a peekboo view of Mirror Lake. Tons of parking, and room for your RV too. No HOA dues, No HOA rules! Welcome Home.
Last Agent to Sell the Property
Engel & Voelkers Chambers Bay License #120555 Listed on: 09/10/2020
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: NWM1661188
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,075
Year Built
- Built in 1980
Lot Details
- Street terminates at a dead end
- Partially Fenced Property
- Secluded Lot
- Level Lot
- Garden
Home Design
- Cabin
- Poured Concrete
- Composition Roof
- Log Siding
Interior Spaces
- 1 Fireplace
- Laminate Flooring
- Territorial Views
- Oven or Range
- Unfinished Basement
Laundry
- Dryer
- Washer
Parking
- Off-Street Parking
- RV Access or Parking
Outdoor Features
- Gazebo
Utilities
- High Speed Internet
- Cable TV Available
Community Details
- Mirror Lake Community
Listing and Financial Details
- Assessor Parcel Number 0721049223
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 10, 2020
Closed on
Nov 11, 2020
Sold by
Hope Joy
Bought by
Storrs Jarin J
Seller's Agent
Mercedes Smith
Engel & Voelkers Chambers Bay
Buyer's Agent
Brandon Hjelseth
Keller Williams Rty Tacoma
List Price
$310,000
Sold Price
$325,000
Premium/Discount to List
$15,000
4.84%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,069
Avg. Annual Appreciation
6.64%
Original Mortgage
$315,250
Outstanding Balance
$283,709
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$155,360
Purchase Details
Listed on
Apr 26, 2019
Closed on
Jun 11, 2019
Sold by
Krage Thomas and Krage Tom
Bought by
Hope Joy
Seller's Agent
Lynn Banke
Coldwell Banker Danforth
Buyer's Agent
Mercedes Smith
Engel & Voelkers Chambers Bay
List Price
$265,000
Sold Price
$270,751
Premium/Discount to List
$5,751
2.17%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.83%
Original Mortgage
$265,846
Interest Rate
3.75%
Mortgage Type
FHA
Purchase Details
Closed on
Feb 18, 2011
Sold by
Sienkiewich Peterson Christine M
Bought by
Krage Thomas
Purchase Details
Closed on
May 25, 2010
Sold by
Estate Of Thomas G Kohler and Sienkiewich Peterson Christine M
Bought by
Sienkiewich Peterson Christine M
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Storrs Jarin J | $325,000 | Cw Title | |
| Hope Joy | $270,751 | Chicago Title | |
| Krage Thomas | $129,000 | First American Title Ins Co | |
| Sienkiewich Peterson Christine M | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Storrs Jarin J | $315,250 | |
| Previous Owner | Hope Joy | $265,846 | |
| Previous Owner | Kohler Thomas G | $13,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/13/2020 11/13/20 | Sold | $325,000 | +4.8% | $560 / Sq Ft |
| 10/19/2020 10/19/20 | Pending | -- | -- | -- |
| 10/14/2020 10/14/20 | For Sale | $310,000 | 0.0% | $534 / Sq Ft |
| 09/16/2020 09/16/20 | Pending | -- | -- | -- |
| 09/10/2020 09/10/20 | For Sale | $310,000 | +14.5% | $534 / Sq Ft |
| 06/17/2019 06/17/19 | Sold | $270,751 | +2.2% | $467 / Sq Ft |
| 05/18/2019 05/18/19 | Pending | -- | -- | -- |
| 05/16/2019 05/16/19 | For Sale | $265,000 | 0.0% | $457 / Sq Ft |
| 04/28/2019 04/28/19 | Pending | -- | -- | -- |
| 04/26/2019 04/26/19 | For Sale | $265,000 | -- | $457 / Sq Ft |
Source: Northwest Multiple Listing Service (NWMLS)
Tax History Compared to Growth
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 | $4,075 | $401,000 | $162,000 | $239,000 |
| 2023 | $3,935 | $363,000 | $146,000 | $217,000 |
| 2022 | $3,595 | $394,000 | $133,000 | $261,000 |
| 2021 | $2,485 | $312,000 | $106,000 | $206,000 |
| 2020 | $2,282 | $199,000 | $93,000 | $106,000 |
| 2018 | $2,307 | $178,000 | $75,000 | $103,000 |
| 2017 | $1,969 | $158,000 | $69,000 | $89,000 |
| 2016 | $1,919 | $134,000 | $63,000 | $71,000 |
| 2015 | $1,788 | $125,000 | $60,000 | $65,000 |
| 2014 | -- | $119,000 | $60,000 | $59,000 |
| 2013 | -- | $107,000 | $65,000 | $42,000 |
Source: Public Records
Agents Affiliated with this Home
-
Mercedes Smith
-
Brandon Hjelseth
Buyer's Agent in 2020
Brandon Hjelseth
Keller Williams Rty Tacoma
(253) 468-0991
1 in this area
150 Total Sales
-
L
Seller's Agent in 2019
Lynn Banke
Coldwell Banker Danforth
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: NWM1661188
APN: 072104-9223
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All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID
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