NOT LISTED FOR SALE

543 SW 356th St Federal Way, WA 98023

Estimated Value: $1,029,000 - $1,380,000

2.46 Acres
$484,622 Price per Acre
107,158 Sq Ft Lot

Last Sold May 10, 2019

Last sale price $327,000 $252 Per Sq Ft

Est. 265% increase in value since last sale

Current estimated payment $7,450/month

7 Days on Market

About This Lot

As of May 2019

Nearly 2.5 acres of prime Federal Way Property in an outstanding residential location. There used to be a dwelling on the site and the old foundation is still present. Water meter present. Electricity readily available. Streets, sidewalks, curbs, storm water drainage, fire hydrant, etc. You could build an estate quality home on this site and develop magnificent grounds. You could short plat it into five parcels and that process is well underway if you want to continue it. Buy and Hold. Invest!

Last Agent to Sell the Property

Mark Foley

RE/MAX Metro Realty, Inc. License #17201 Listed on: 04/23/2019

RE/MAX Metro Realty, Inc.

Last Buyer's Agent

Mark Foley

RE/MAX Metro Realty, Inc. License #17201 Listed on: 04/23/2019

RE/MAX Metro Realty, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1443352

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,702

Lot Details

  • Corner Lot
  • Level Lot

Utilities

  • Sewer Not Available

Community Details

  • Federal Way Community

Listing and Financial Details

  • Assessor Parcel Number 3021049035

Property Details

Property Type

Land

Est. Annual Taxes

$9,702

Lot Details

0

Listing Details

  • Property Type: Lots And Land
  • Property Features: Brush, Lightly Treed, Partially Cleared
  • Style: 41 - Res-Over 1 Acre
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Information: Paved
  • Road On Which Sideof Property: 3 Sides
  • Water Jurisdiction: Lakehaven

Utilities

  • Electricity: On Property
  • Gas Available: Available
  • Sewer: Not Available
  • Water: In Street, On Property

Condo/Co-op/Association

  • Community Name: Federal Way

Schools

  • School District: FED

Lot Info

  • General Zoning Classification: Residential
  • Lot Details: Corner Lot, Curbs, Paved Street, Sidewalk
  • Lot Sq Ft: 107061
  • Parcel Number: 3021049035
  • Topography: Level
  • Zoning Jurisdiction: City
  • Zoning Remarks: RS 15.0

Tax Info

  • Tax Amount: 5067

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 12, 2023
Sold by
Aangan Properties Llc
Bought by
Chawla Sanjay and Chawla Reshmi
Current Estimated Value
$1,192,170

Purchase Details

Listed on
Apr 23, 2019
Closed on
May 9, 2019
Sold by
Rlt Henry Paul Reising Iii
Bought by
Aangan Properties Llc
Seller's Agent
Mark Foley
RE/MAX Metro Realty, Inc.
Buyer's Agent
Mark Foley
RE/MAX Metro Realty, Inc.
List Price
$299,975
Sold Price
$327,000
Premium/Discount to List
$27,025
9.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.54%

Purchase Details

Closed on
Jun 27, 2018
Sold by
Reising Henry Paul
Bought by
Reising Henry Paul and Henry Paul Reising Iii Revocable Living

Purchase Details

Closed on
Aug 22, 1989
Sold by
Reising Reising H and Reising Janice T
Bought by
King County
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
Chawla Sanjay -- None Listed On Document
Aangan Properties Llc $327,000 First American Title
Reising Henry Paul -- None Available
King County $2,600 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2019 05/10/19 Sold $327,000 +9.0% $252 / Sq Ft
04/30/2019 04/30/19 Pending -- -- --
04/23/2019 04/23/19 For Sale $299,975 -- $231 / 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 $9,702 $965,000 $274,000 $691,000
2023 $2,594 $229,000 $229,000 $0
2022 $2,608 $253,000 $253,000 $0
2021 $2,287 $222,000 $222,000 $0
2020 $2,236 $182,000 $182,000 $0
2018 $5,067 $182,000 $182,000 $0
2017 $4,588 $356,000 $166,000 $190,000
2016 $4,451 $322,000 $151,000 $171,000
2015 $4,131 $299,000 $144,000 $155,000
2014 -- $284,000 $144,000 $140,000
2013 -- $247,000 $115,000 $132,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1443352

Northwest Multiple Listing Service (NWMLS)

APN: 302104-9035