NOT LISTED FOR SALE

Estimated Value: $831,983

7 Beds
4.5 Baths
2,304 Sq Ft
$361/Sq Ft Est. Value

Last Sold November 29, 2023

Last sale price $800,000 $347 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $5,141/month

7 Days on Market

Highlights

  • RV Access or Parking
  • Territorial View
  • No HOA
  • Deck
  • Wood Flooring
  • 1-Story Property

About This Home

As of November 2023

This is your chance to own a great business and create your own successful Adult Family Home in a desirable area! Light and Bright, warm and welcoming best describe this Adult Family Home offering a very functional floor plan. All the modifications are done with 4-1/2 bathrooms and one roll-in shower, and 7 bedrooms. Huge living room, dining room, large deck, plenty of parking, 240sf basement. The yard is fully fenced providing plenty of privacy. Asking Price includes the home NOT the licensed business. Licensed for six clients, but can hold more. Close to Seattle, Freeways, and the Airport. Great income opportunity!

Last Agent to Sell the Property

Emiliya Ivanova

John L. Scott, Inc License #82390 Listed on: 10/17/2023

John L. Scott, Inc

Last Buyer's Agent

Yared Yimer

Better Life Realty License #24036096

Better Life Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2172030

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,609

Year Built

  • Built in 1967

Lot Details

  • 10,179 Sq Ft Lot
  • Level Lot
  • Garden
  • Property is in good condition

Home Design

  • Poured Concrete
  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,304 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • Territorial Views
  • Unfinished Basement

Kitchen

  • Oven or Range
  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 7 Main Level Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • RV Access or Parking

Outdoor Features

  • Deck
  • Outbuilding

Utilities

  • Forced Air Heating System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Federal Way Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,609

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 16 - 1 Story w/Bsmnt.
  • Year Built: 1967
  • Inclusions: Dishwasher,Dryer,Microwave,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 2544
  • SeniorExemption: false
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2172030?w=Consumer&agent=47924
  • Special Features: None
  • Cumulative Days on Market: 553

Interior Features

  • Basement: Unfinished
  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Possible Bedrooms: 7
  • Total Bedrooms: 7
  • Entry Location: Main
  • Fireplace: No
  • Flooring: Hardwood
  • Interior Amenities: Hardwood
  • Living Area: 2304
  • Main Level Bedrooms: 7
  • Bathrooms: 4.5
  • BathsFullMain: 4
  • SquareFootageFinished: 2304
  • SquareFootageUnfinished: 240
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher,Dryer,Microwave,Refrigerator,Stove/Range,Washer

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Metal/Vinyl
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: House

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Open Parking: No
  • Parking Features: RV Parking, Driveway

Utilities

  • Sewer: Sewer Connected
  • Water Source: Community
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Federal Way

Lot Info

  • Parcel Number: 0643100200
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 0.2337
  • Lot Size Sq Ft: 10179
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Outbuildings,RV Parking
  • MLSLotSizeSource: KCR
  • MLSSquareFootageSource: Owner

Green Features

  • Power Production Type: Electric, Natural Gas

Tax Info

  • Year: 2023
  • Tax Annual Amount: 5609

Multi Family

  • EnergySource: Electric,Natural Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2023
Closed on
Nov 27, 2023
Sold by
Somal Stefka
Bought by
Mengstu Abel
Seller's Agent
Emiliya Ivanova
John L. Scott, Inc
Buyer's Agent
Yared Yimer
Better Life Realty
List Price
$688,888
Sold Price
$800,000
Premium/Discount to List
$111,112
16.13%
Total Days on Market
7
Views
57
Current Estimated Value
$831,983

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,983
Avg. Annual Appreciation
3.26%
Original Mortgage
$691,900
Outstanding Balance
$683,502
Interest Rate
7.63%
Mortgage Type
FHA
Estimated Equity
$155,981
Source: Public Records

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Range of Values:

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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
Mengstu Abel $800,000 First American Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mengstu Abel $691,900
Previous Owner Somal Daljeet S $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2023 11/29/23 Sold $800,000 +16.1% $347 / Sq Ft
10/24/2023 10/24/23 Pending -- -- --
10/17/2023 10/17/23 For Sale $688,888 -- $299 / 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 $5,802 $580,000 $159,000 $421,000
2023 $5,760 $525,000 $144,000 $381,000
2022 $5,131 $570,000 $131,000 $439,000
2021 $4,977 $452,000 $105,000 $347,000
2020 $4,590 $412,000 $85,000 $327,000
2018 $4,662 $368,000 $68,000 $300,000
2017 $3,975 $327,000 $62,000 $265,000
2016 $3,854 $278,000 $57,000 $221,000
2015 $3,577 $258,000 $55,000 $203,000
2014 -- $245,000 $55,000 $190,000
2013 -- $187,000 $73,000 $114,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2172030

Northwest Multiple Listing Service (NWMLS)

APN: 064310-0200