NOT LISTED FOR SALE

Estimated Value: $971,000 - $1,023,000

5 Beds
1 Bath
3,360 Sq Ft
$298/Sq Ft Est. Value

Last Sold November 09, 2021

Last sale price $899,000 $268 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $6,056/month

About This Home

As of November 2021

Gorgeous 5 Bed 3.25 Bath home located in The Ridge. Light and bright home that features a great layout throughout the house. New roof, window and siding. Double door, marble floor. Formal Living Room & Dining Room. Large kitchen. Family Room with fireplace. Den by stair entrance with built in desk and drawers. Master suite with 5-pc full bath. Good sized additional bedrooms. 3 Parking in oversize garage plus extra space up. Large deck, fully fenced and landscaped yard with sprinkler system. Great view. Great neighborhood and location. The community has two beautiful private parks with playground equipment, tennis and basketball courts, covered picnic area, and large grass lawns. Close to the future light rail, I-5, restaurants and shopping.

Last Agent to Sell the Property

Yang Wang

eLink Realty License #137838 Listed on: 09/30/2021

Last Buyer's Agent

Nicole Elliott

Windermere Prof Partners License #117095

Windermere Prof Partners

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1846295

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,125

Year Built

  • Built in 1990

Lot Details

  • 0.27

Parking

  • Attached Garage

Home Design

  • Brick Exterior Construction
  • Composition Roof

Bedrooms and Bathrooms

  • 1 Bathroom

Community Details

  • Federal Way Community

Listing and Financial Details

  • Assessor Parcel Number 7298050110

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,125

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 12 - 2 Story
  • Building Information: Built On Lot, G
  • Entrance Level: Main
  • Year Built: 1990
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5.00
  • Bathrooms: 3.25
  • Total Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Upper
  • Den or Office: Main
  • Dining Room: Main
  • Family Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 3360
  • Square Footage Finished: 3360

Exterior Features

  • Exterior: Brick
  • Roof: Composition

Garage/Parking

  • Parking Type: Garage-Attached, K
  • Total Covered Parking: 3

Utilities

  • Heating And Cooling: Forced Air
  • Sewer: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 58
  • Community Name: Federal Way

Schools

  • Elementary School: Buyer To Verify
  • Middle School: Buyer To Verify
  • High School: Buyer To Verify
  • School District: FED

Lot Info

  • Lot Sq Ft: 11637
  • Parcel Number: 7298050110

Tax Info

  • Tax Amount: 7586

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2021
Closed on
Oct 27, 2021
Sold by
Chen Liang
Bought by
Gear Michael A and Sanchez Maria G
Seller's Agent
Yang Wang
eLink Realty
Buyer's Agent
Nicole Elliott
Windermere Prof Partners
List Price
$899,000
Sold Price
$899,000
Current Estimated Value
$1,002,845

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,845
Avg. Annual Appreciation
2.46%
Original Mortgage
$719,200
Outstanding Balance
$664,992
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$322,507

Purchase Details

Closed on
Feb 14, 2017
Sold by
Zhong Meixi
Bought by
Chen Liang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,800
Interest Rate
4.12%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 15, 2016
Sold by
Chen Li
Bought by
Chen Liang

Purchase Details

Listed on
Aug 16, 2014
Closed on
Mar 3, 2015
Sold by
Sung Jenny
Bought by
Chen Li
Seller's Agent
Chy-Ling King
I Elite Realty, IERC
Buyer's Agent
Mary Zhu
WeLakeside
List Price
$425,000
Sold Price
$420,000
Premium/Discount to List
-$5,000
-1.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.47%
Original Mortgage
$252,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 1, 2002
Sold by
Sung Chi Liang
Bought by
Sung Jenny

Purchase Details

Closed on
Aug 27, 1990
Sold by
Jeff Hallstrom Constructioninc
Bought by
Sung Chi Liang and Sung Jenny
Source: Public Records

Range of Values:

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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
Gear Michael A $899,000 Cw Title
Chen Liang -- Wfg National T
Chen Liang -- None Available
Chen Li $420,000 First American
Sung Jenny -- --
Sung Chi Liang $374,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gear Michael A $719,200
Previous Owner Chen Liang $210,000
Previous Owner Chen Liang $269,500
Previous Owner Chen Liang $270,000
Previous Owner Chen Liang $316,800
Previous Owner Chen Li $252,000
Previous Owner Sung Jenny $60,000
Previous Owner Sung Jenny $374,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2021 11/09/21 Sold $899,000 0.0% $268 / Sq Ft
10/08/2021 10/08/21 Pending -- -- --
09/30/2021 09/30/21 For Sale $899,000 +114.0% $268 / Sq Ft
03/19/2015 03/19/15 Sold $420,000 -1.2% $125 / Sq Ft
01/09/2015 01/09/15 Pending -- -- --
11/05/2014 11/05/14 For Sale $425,000 0.0% $126 / Sq Ft
11/03/2014 11/03/14 Pending -- -- --
09/17/2014 09/17/14 Price Changed $425,000 -13.3% $126 / Sq Ft
08/16/2014 08/16/14 For Sale $490,000 -- $146 / 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 $9,125 $926,000 $247,000 $679,000
2023 $8,777 $837,000 $206,000 $631,000
2022 $8,094 $903,000 $228,000 $675,000
2021 $7,586 $722,000 $200,000 $522,000
2020 $7,400 $635,000 $158,000 $477,000
2018 $7,826 $625,000 $158,000 $467,000
2017 $7,081 $554,000 $144,000 $410,000
2016 $7,405 $501,000 $131,000 $370,000
2015 $6,856 $502,000 $125,000 $377,000
2014 -- $476,000 $125,000 $351,000
2013 -- $400,000 $117,000 $283,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1846295

Northwest Multiple Listing Service (NWMLS)

APN: 729805-0110