NOT LISTED FOR SALE

Estimated Value: $655,000 - $681,758

2 Beds
1 Bath
2,190 Sq Ft
$305/Sq Ft Est. Value

Last Sold August 19, 2020

Last sale price $495,000 $226 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $4,219/month

Highlights

  • Lake View
  • Deck
  • 1 Fireplace
  • Craftsman Architecture
  • Secluded Lot
  • Ceramic Tile Flooring

About This Home

As of August 2020

This home is located at 528 SW 316th St, Federal Way, WA 98023 since 19 August 2020 and is currently estimated at $667,940, approximately $304 per square foot. This property was built in 1928. 528 SW 316th St is a home located in King County with nearby schools including Lake Grove Elementary School, Lakota Middle School, and Federal Way High School.

Mercedes Smith

Engel & Voelkers Chambers Bay License #120555 Listed on: 08/19/2020

Engel & Voelkers Chambers Bay

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1653707

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,974

Year Built

  • Built in 1928

Lot Details

  • Secluded Lot
  • Level Lot
  • Garden

Parking

  • Off-Street Parking

Property Views

  • Lake
  • Territorial

Home Design

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

Interior Spaces

  • 1 Bathroom
  • 1 Fireplace
  • Natural lighting in basement

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Outbuilding

Utilities

  • Cable TV Available

Community Details

  • Mirror Lake Community

Listing and Financial Details

  • Assessor Parcel Number 5559200195

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,974

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 17 - 1 1/2 Stry W/Bsmt
  • Architecture: Craftsman
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1928
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Dbl Pane/Storm Windw, Dining Room, Loft, Vaulted Ceilings
  • Floor Covering: Ceramic Tile, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 2.25
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Half Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Three Quarter Bathrooms Lower: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Main
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Basement: Daylight
  • Dining Room: Main
  • Extra Finished Room: Lower
  • Family Room: Lower
  • Living Room: Lower
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 2190
  • Square Footage Finished: 2190

Exterior Features

  • Exterior: Stone, Wood
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Lake, Territorial
  • Waterfront: Lake
  • Waterfront Frontage: 10

Garage/Parking

  • Parking Type: Off Street

Utilities

  • Heating And Cooling: Forced Air, 90%+ High Efficiency, Tankless Water Heater
  • Power Company: PSE
  • Sewer: Sewer Connected
  • Water Company: Lakehaven
  • Water Heater: Laundry Room-Tankless
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Mirror Lake

Lot Info

  • Lot Details: Paved Street, Secluded, Sidewalk
  • Lot Sq Ft: 16233
  • Lot Topography Vegetation: Garden Space, Level
  • Parcel Number: 5559200195
  • Lot Topography: Garden Space, Level

Tax Info

  • Tax Amount: 1998

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2020
Closed on
Aug 14, 2020
Sold by
Giddings Kevin and Giddings Andrea
Bought by
Hope Joy Ann
Buyer's Agent
Mercedes Smith
Engel & Voelkers Chambers Bay
List Price
$495,000
Sold Price
$495,000
Total Days on Market
0
Current Estimated Value
$667,940

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,940
Avg. Annual Appreciation
6.15%
Original Mortgage
$396,000
Outstanding Balance
$356,764
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$301,012

Purchase Details

Listed on
May 30, 2019
Closed on
Jun 28, 2019
Sold by
Levonas Jessica M and Cropley Jessica M
Bought by
Giddings Andrea and Giddings Kevin
Seller's Agent
Andrew Maglalang-Weakley
Redfin
Buyer's Agent
Daniel Skagen
Valley Realty Group/eXp Realty
List Price
$449,950
Sold Price
$460,000
Premium/Discount to List
$10,050
2.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.70%
Original Mortgage
$414,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 9, 2016
Closed on
Oct 18, 2016
Sold by
Kravchishin Vitaly and Kravchishin Natallya
Bought by
Cropley Jessica M
Seller's Agent
Nataliya Kravchishin
Newberry Realty, Inc.
Buyer's Agent
Dana White
Skyline Properties, Inc.
List Price
$369,950
Sold Price
$369,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.40%
Original Mortgage
$18,497
Interest Rate
3.48%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 28, 2015
Sold by
Eastside Funding Llc
Bought by
Kravchishin Vitaly

Purchase Details

Closed on
Oct 21, 2015
Sold by
Hughes Mitch B and Grant Denise
Bought by
Kravchishin Vitaly

Purchase Details

Closed on
Jan 15, 2008
Sold by
Hughes Mitchell B
Bought by
Grant Denise D

Purchase Details

Closed on
Aug 16, 1988
Sold by
Real Estate Funding Inc
Bought by
Hughes Mitch B and Hughes Denise D

Range of Values:

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Average Value
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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
Hope Joy Ann $495,000 None Available
Giddings Andrea $460,000 Wfg Natl Ttl Co Of Wa Llc
Cropley Jessica M $369,950 First American
Kravchishin Vitaly -- None Available
Kravchishin Vitaly $171,152 None Available
Grant Denise D -- None Available
Hughes Mitch B $46,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hope Joy Ann $396,000
Previous Owner Giddings Andrea $414,000
Previous Owner Cropley Jessica M $36,000
Previous Owner Cropley Jessica M $18,497
Previous Owner Cropley Jessica M $295,960
Previous Owner Hughes Mitch B $217,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2020 08/19/20 Sold $495,000 0.0% $226 / Sq Ft
08/19/2020 08/19/20 For Sale $495,000 +7.6% $226 / Sq Ft
07/02/2019 07/02/19 Sold $460,000 +2.2% $210 / Sq Ft
06/05/2019 06/05/19 Pending -- -- --
05/30/2019 05/30/19 For Sale $449,950 +21.6% $205 / Sq Ft
10/19/2016 10/19/16 Sold $369,950 0.0% $169 / Sq Ft
09/17/2016 09/17/16 Pending -- -- --
09/09/2016 09/09/16 For Sale $369,950 -- $169 / 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 $5,974 $601,000 $199,000 $402,000
2023 $5,961 $544,000 $180,000 $364,000
2022 $4,352 $481,000 $164,000 $317,000
2021 $5,410 $381,000 $131,000 $250,000
2020 $4,998 $449,000 $117,000 $332,000
2018 $4,648 $401,000 $94,000 $307,000
2017 $3,961 $326,000 $86,000 $240,000
2016 $3,360 $277,000 $79,000 $198,000
2015 $3,122 $224,000 $76,000 $148,000
2014 -- $213,000 $76,000 $137,000
2013 -- $174,000 $90,000 $84,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1653707

Northwest Multiple Listing Service (NWMLS)

APN: 555920-0195