NOT LISTED FOR SALE

Estimated Value: $674,000 - $772,667

4 Beds
2 Baths
1,720 Sq Ft
$421/Sq Ft Est. Value

Last Sold May 05, 2015

Last sale price $307,000 $178 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $4,402/month

2 Days on Market

Highlights

  • 40 Feet of Waterfront
  • Lake View
  • Deck
  • RV Access or Parking
  • 0.55 Acre Lot
  • Traditional Architecture

About This Home

As of May 2015

Prime, inviting no bank waterfront on Mirror Lake!! The large lot is perfectly sloped with lots of parking up by the street and level lawn down by the shore. The home is mostly original but with an extensively updated kitchen and some updates to windows, roof & railings. Just move in and enjoy affordable waterfront for $300k but also with potential to create an upscale waterfront enclave. Quiet street but convenient to all services and commute access. Be fishing on the lake this summer!

Co-Listed By

Tara Linebarger

Windermere Real Estate/PSK Inc License #108223

Windermere Real Estate/PSK Inc

Last Buyer's Agent

John Troupe

Emerald Properties License #8705

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 760177

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,379

Year Built

  • Built in 1949

Lot Details

  • 0.55 Acre Lot
  • 40 Feet of Waterfront
  • Lake Front
  • Sloped Lot
  • Property is in good condition
  • Zoning described as RS 7.2

Parking

  • 2 Car Detached Garage
  • Detached Carport Space
  • RV Access or Parking

Home Design

  • Traditional Architecture
  • Poured Concrete
  • Built-Up Roof
  • Wood Siding

Interior Spaces

  • 1,720 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Lake Views
  • Partially Finished Basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • 2 Bathrooms

Outdoor Features

  • Deck
  • Patio
  • Outbuilding

Schools

  • Lake Grove Elementary School
  • Lakota Mid Sch Middle School
  • Federal Way Snr High School

Utilities

  • Water Heater

Community Details

  • Mirror Lake Subdivision

Listing and Financial Details

  • Tax Lot 34
  • Assessor Parcel Number 5559200170

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,379

Year Built

Built in 1949

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 18 - 2 Stories w/Bsmnt
  • Year Built: 1949
  • Inclusions: Dishwasher,Microwave,RangeOven
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Traditional
  • Building Name: Mirror Lake
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 2390
  • SeniorExemption: false
  • Special Features: None

Interior Features

  • Fireplaces: 2
  • Basement: Partially Finished
  • Appliances: Dishwasher, Microwave, Range/Oven
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Entry Location: Main
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Vinyl, Carpet
  • Interior Amenities: Forced Air, Ceramic Tile, Wall to Wall Carpet, Fireplace, Water Heater
  • Living Area: 1720
  • Main Level Bedrooms: 1
  • Bathrooms: 1.75
  • BathsFullMain: 0
  • FireplacesMain: 1
  • SquareFootageFinished: 1720
  • SquareFootageUnfinished: 670
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BedroomsLower: 0
  • AppliancesIncluded: Dishwasher,Microwave,Range/Oven
  • FireplacesLower: 1

Exterior Features

  • Roof: Built-Up
  • View: Lake
  • Lot Features: Paved
  • View: Yes
  • Waterfront Features: Lake, No Bank
  • Waterfront: Yes
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: House
  • WaterfrontFootage: 40

Garage/Parking

  • Attached Garage: No
  • Carport Y N: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: RV Parking, Detached Carport, Detached Garage
  • Total Parking Spaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: No
  • PowerCompany: PSE
  • SewerCompany: Lakehaven
  • WaterCompany: Lakehaven
  • WaterHeaterLocation: Basement
  • WaterHeaterType: Gas

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Federal Way
  • High School: Federal Way Snr High
  • Middle Or Junior School: Lakota Mid Sch

Lot Info

  • Parcel Number: 5559200170
  • Topography: PartialSlope
  • Lot Size Acres: 0.5503
  • Lot Size: ~460 x 50
  • Lot Size Sq Ft: 23972
  • Zoning Description: RS 7.2
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Gas Available,Outbuildings,Patio,RV Parking,Shop
  • MLSLotSizeSource: KCR
  • MLSSquareFootageSource: KCR/Realist
  • ZoningJurisdiction: City
  • LotNumber: 34

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2014
  • Tax Annual Amount: 3379

Multi Family

  • EnergySource: Natural Gas

MLS Schools

  • Elementary School: Lake Grove Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2015
Closed on
Apr 30, 2015
Sold by
Krull Ella
Bought by
Reade Theresa S and Reade Brock C
Buyer's Agent
John Troupe
Emerald Properties
List Price
$300,000
Sold Price
$307,000
Premium/Discount to List
$7,000
2.33%
Current Estimated Value
$723,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$416,667
Avg. Annual Appreciation
8.27%
Original Mortgage
$245,600
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 24, 2008
Sold by
Laxson Mark Douglas
Bought by
Krull Ella

Purchase Details

Closed on
Jun 15, 1999
Sold by
Laxson Freeman J
Bought by
Laxson Freeman J
Source: Public Records

Range of Values:

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Average Value
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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
Reade Theresa S $307,000 Ticor National
Krull Ella -- None Available
Laxson Freeman J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reade Theresa S $245,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2015 05/05/15 Sold $307,000 +2.3% $178 / Sq Ft
04/04/2015 04/04/15 Pending -- -- --
04/01/2015 04/01/15 For Sale $300,000 -- $174 / 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 $6,974 $709,000 $265,000 $444,000
2023 $6,998 $642,000 $239,000 $403,000
2022 $5,109 $568,000 $218,000 $350,000
2021 $5,503 $450,000 $174,000 $276,000
2020 $5,080 $457,000 $170,000 $287,000
2018 $5,150 $408,000 $136,000 $272,000
2017 $4,699 $362,000 $124,000 $238,000
2016 $4,174 $330,000 $113,000 $217,000
2015 $3,875 $280,000 $108,000 $172,000
2014 -- $266,000 $108,000 $158,000
2013 -- $209,000 $92,000 $117,000
Source: Public Records

Agents Affiliated with this Home

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 760177

Northwest Multiple Listing Service (NWMLS)

APN: 555920-0170