824 SW 318th Place Federal Way, WA 98023
Mirror Lake NeighborhoodEstimated Value: $585,000 - $673,000
4
Beds
3
Baths
1,250
Sq Ft
$505/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 $630,920, approximately $504 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
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
Outstanding Balance
$74,035
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$556,885
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
Outstanding Balance
$74,035
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$556,885
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
Outstanding Balance
$74,035
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$556,885
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
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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 | $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
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
Map
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