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1836 South 312th Street

1836 South 312th Street, Federal Way, WA 98003
Property in King
Sold Jul 08, 2021
$500,000
$375,000 by Fairway Independent Mortgage C
Mortgage Due Aug 01, 2051
Sold May 04, 2016
$252,000
$189,000 by Primelending
Mortgage Due May 01, 2046
1836 South 312th Street in Federal Way, WA was first built in 1967 and is 57 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a duplex style. It is a single story home. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1836 South 312th Street has 1,800 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 6,160 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. As for heating, the home is utilizing electric heaters and being fueled with electricity. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1836 South 312th Street sold most recently in Jul 1, 2021 for a total of $500,000. If you work out the math, that's approximately a cost of $277.78 per sqft. Before that, the property was also sold for $252,000 in Feb 23, 2016. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $5,156 in taxes each year. 1836 South 312th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $468,000. If we break it down further, the land itself was valued at $114,000. Improvements to the property, however, were assessed at a total of $354,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Duplex
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,160
  • Total Building Area: 1,800
  • Gross Building Area: 1,800
  • Building Area: 1,800
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Electric
  • Heated Square Feet: 1,800
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SOLANO HEIGHTS ADD
  • Land Acres: 0.141
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: SOLANO HEIGHTS ADD W 70 FT LESS RD LESS C & M RGTS

Ownership

  • Current Owner : MYUNG THOMAS
  • Current Owner 2: HAN SUN H
  • Previous Owner : ZHENG LIN
  • Previous Owner 2: KNAPP BARRY VERNON
  • Owner Before Previous Owner: CHOE PHILLIP
  • Owner Before Previous Owner 2: CHOE JENNIFER

Neighborhood

  • School District Name: Federal Way School District
  • Census Tract: 030006

Zoning

  • Zoning: RS7.2

Geography

  • Account Number: 785360006007
  • District: FEDERAL WAY
  • Parcel: 785360-0060
  • Lot: 12
  • Meridian: SEC 09 TWN 21 RNG 04
  • Municipality: FEDERAL WAY
  • Latitude: 47.3226
  • Longitude: -122.309

    Address

  • Full Address: 1836 S 312th St
  • Address - House Number: 1836
  • Street Direction: S
  • Address - Street Name: 312th
  • Address - Suffix Type: St
  • State: WA
  • City Name: Federal Way
  • Carrier Code: C085
  • 4-Digit Zip Code: 4917
  • Zip Code: 98003

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $5,156
  • Tax Rate Code Area: 1205

    Appraisal Valuation

  • Standard Deviation: 0.1403
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 83
  • Final Value: 520,440
  • High Value: 593,497
  • Low Value: 447,383

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $375,000
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Jul 08, 2021
  • First Open Lien Mortgage Loan Amount: $375,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2051

    Market Valuation

  • Market Total Value: $468,000
  • Market Land Value: $114,000
  • Market Improvement Value: $354,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $468,000
  • Assessed Land Value: $114,000
  • Assessed Improvements Value: $354,000

    Sales

  • Current Sale Contract Date: Jul 01, 2021
  • Current Sale Recording Date: Jul 08, 2021
  • Current Sale Transaction ID: 11842128697
  • Current Sale Price: $500,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20210708000148
  • Previous Sale Recording Date: May 04, 2016
  • Previous Sale Contract Date: Feb 23, 2016
  • Previous Sale Amount: $252,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Jul 08, 2021
  • First Mortgage Loan Amount: $375,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: PRIMELENDING
  • Previous Mortgage Transaction Date: May 04, 2016
  • Previous Mortgage Loan Amount: $189,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2046

About Federal Way



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1836 South 312th Street located in?
The 1836 South 312th Street is a located in the neighborhood of King in Federal Way, Federal Way.
What is the average sales price for listings in 1836 South 312th Street?
The average sales price for units in 1836 South 312th Street is $0 currently.

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