NOT LISTED FOR SALE

Estimated Value: $631,000 - $664,000

4 Beds
3 Baths
1,250 Sq Ft
$512/Sq Ft Est. Value

About This Home

This home is located at 824 SW 318th Place, Federal Way, WA 98023 and is currently estimated at $640,367, approximately $512 per square foot. 824 SW 318th Place is a home located in King County with nearby schools including Lake Grove Elementary School, Lakota Middle School, and Federal Way High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 5, 2003
Sold by
The Nation Family Llc
Bought by
Heacock Clinton L and Heacock Laurena D
Current Estimated Value
$640,367

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,000
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 27, 2003
Sold by
Shuparskaya Viktoriya
Bought by
Velgus Oleg

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,000
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 23, 2003
Sold by
Sanluis Leopoldo H and Sanluis Perla M
Bought by
Velgus Oleg

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,000
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 13, 1999
Sold by
Wulf Tiomothy L and Wulf Lauren L
Bought by
Sanluis Leopoldo H and Sanluis Perla M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,700
Interest Rate
7.56%

Purchase Details

Closed on
Aug 27, 1997
Sold by
Vanvannguyen Thinh Van and Pham Gam Thi
Bought by
Wulf Tiomothy L and Wulf Lauren L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,150
Interest Rate
7.5%

Purchase Details

Closed on
Oct 25, 1993
Sold by
Virgin Wayne D
Bought by
Vanvannguyen Thinh Van and Pham Gam Thi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,000
Interest Rate
6.97%

Purchase Details

Closed on
Jul 19, 1993
Sold by
Mirror Glen Div Iii Real Estat
Bought by
Virgin Wayne D

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Heacock Clinton L -- --
Velgus Oleg -- Chicago Title
Velgus Oleg $207,500 Chicago Title
Sanluis Leopoldo H $169,000 Chicago Title
Wulf Tiomothy L $153,500 Washington Title Company
Vanvannguyen Thinh Van $121,300 Chicago Title Insurance Co
Virgin Wayne D $42,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Velgus Oleg $252,000
Closed Velgus Oleg $31,500
Closed Velgus Oleg $166,000
Previous Owner Sanluis Leopoldo H $165,700
Previous Owner Wulf Tiomothy L $138,150
Previous Owner Vanvannguyen Thinh Van $97,000
Closed Velgus Oleg $41,500
Source: Public Records

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 $5,240 $519,000 $159,000 $360,000
2023 $5,177 $470,000 $144,000 $326,000
2022 $4,615 $511,000 $131,000 $380,000
2021 $4,333 $405,000 $105,000 $300,000
2020 $3,995 $357,000 $85,000 $272,000
2018 $4,049 $319,000 $68,000 $251,000
2017 $3,445 $283,000 $62,000 $221,000
2016 $3,345 $240,000 $57,000 $183,000
2015 $3,108 $223,000 $55,000 $168,000
2014 -- $212,000 $55,000 $157,000
2013 -- $174,000 $73,000 $101,000
Source: Public Records

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