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1112 South 287th Place

1112 South 287th Place, Federal Way, WA 98003
Property in King
Refi Jul 13, 2020
Transfer
$612,000 by Fairway Independent Mortgage C
Mortgage Due Aug 01, 2035
Local assessors in Federal Way, WA have categorized 1112 South 287th Place as a residential type of property. The home was built in 1975 and is 49 years old. The property's lot size has been calculated to be 9,875 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 5 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 4 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1112 South 287th Place has a total of 3,880 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a full basement with daylight that is 1,940 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 480 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is good. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - A. Lots of brick were used in the construction of the exterior walls of the home. The home's a forced air unit is the primary heating source and it is being fueled with electricity. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Current property owners are expected to pay $10,300 in taxes per year. The property on 1112 South 287th Place was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $954,000. To break that down further, the land itself was valued at $316,000. While improvements to the property were assessed at a total of $638,000. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 2
  • Partial Bathrooms: 4
  • Building Condition: Good
  • Building Quality: A
  • Exterior Walls Type: Brick
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Full basement with daylight
  • Basement Area: 1,940
  • Garage Type: Attached
  • Garage Square Area: 480
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,875
  • Total Building Area: 4,360
  • Gross Building Area: 4,360
  • Building Area: 3,880
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 3,880
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: MARINE HILLS EAST
  • Land Acres: 0.227
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MARINE HILLS EAST

Ownership

  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Sole Owner

Neighborhood

  • School District Name: Federal Way School District
  • Census Tract: 030102

Zoning

  • Zoning: RS15.0

Geography

  • Account Number: 515296049007
  • District: FEDERAL WAY
  • Parcel: 515296-0490
  • Lot: 49
  • Meridian: SEC 32 TWN 22 RNG 04
  • Municipality: FEDERAL WAY
  • Latitude: 47.3441
  • Longitude: -122.32

    Address

  • Full Address: 1112 S 287th Pl
  • Address - House Number: 1112
  • Street Direction: S
  • Address - Street Name: 287th
  • Address - Suffix Type: Pl
  • State: WA
  • City Name: Federal Way
  • Carrier Code: C081
  • 4-Digit Zip Code: 3185
  • Zip Code: 98003

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $10,300
  • Tax Rate Code Area: 1205

    Appraisal Valuation

  • Standard Deviation: 0.1472
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 82
  • Final Value: 1,110,257
  • High Value: 1,273,697
  • Low Value: 946,818

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $612,000
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Jul 13, 2020
  • First Open Lien Mortgage Loan Amount: $612,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2035

    Market Valuation

  • Market Total Value: $954,000
  • Market Land Value: $316,000
  • Market Improvement Value: $638,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $954,000
  • Assessed Land Value: $316,000
  • Assessed Improvements Value: $638,000

About Federal Way



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Frequently Asked Questions

What neighborhood is 1112 South 287th Place located in?
The 1112 South 287th Place is a located in the neighborhood of King in Federal Way, Federal Way.
What is the average sales price for listings in 1112 South 287th Place?
The average sales price for units in 1112 South 287th Place is $0 currently.

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