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2023 South 282nd Place

2023 South 282nd Place, Federal Way, WA 98003
Property in King
Sold Jan 24, 2020
Transfer
$286,868 by Usaa Fsb
Mortgage Due Feb 01, 2050
Sold Sep 25, 2015
$265,000
$272,221 by Pinnacle Capital Mortgage Corp
Mortgage Due Oct 01, 2045
2023 South 282nd Place has been categorized by the local assessors in Federal Way, WA as a residential type of property. The building on the property was first built in 1971 and is 53 years old. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 2023 South 282nd Place has 1,890 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 9,120 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. The garage measured 320 sqft. Moving on to the building itself. The condition of the building has been evaluated as unknown. From what we've gathered, the quality of these control joints have been graded with a letter grade of D by the local assessor. In terms of heating, it is utilizing a forced air unit and being fueled with electricity. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. Prior to that sales transaction, the property was also sold in Sep 24, 2015 for $265,000. 2023 South 282nd Place was last assessed in 2023. The total value of the property was assessed at $470,000. Specifically, the land the property is located on was valued at $138,000. While improvements on the property were assessed at a total of $332,000. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $5,177. 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! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: D
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Square Area: 320
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,120
  • Total Building Area: 1,890
  • Gross Building Area: 1,890
  • Building Area: 1,890
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,890
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: LAURELWOOD NORTH NO. 05
  • Land Acres: 0.209
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LAURELWOOD NORTH # 5

Ownership

  • Current Owner : HIATT JESSE L
  • Previous Owner : HIATT JESSE L
  • Previous Owner 2: HIATT ROBERT W
  • Owner Before Previous Owner: SANDSTONE RIDGE 4 LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Federal Way School District
  • Census Tract: 030008

Zoning

  • Zoning: RS7.2

Geography

  • Account Number: 422231012002
  • District: FEDERAL WAY
  • Parcel: 422231-0120
  • Lot: 12
  • Meridian: SEC 33 TWN 22 RNG 04
  • Municipality: FEDERAL WAY
  • Latitude: 47.3479
  • Longitude: -122.306

    Address

  • Full Address: 2023 S 282nd Pl
  • Address - House Number: 2023
  • Street Direction: S
  • Address - Street Name: 282nd
  • Address - Suffix Type: Pl
  • State: WA
  • City Name: Federal Way
  • Carrier Code: C047
  • 4-Digit Zip Code: 3241
  • Zip Code: 98003

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $5,177
  • Tax Rate Code Area: 1205

    Appraisal Valuation

  • Standard Deviation: 0.1631
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 79
  • Final Value: 569,676
  • High Value: 662,624
  • Low Value: 476,729

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $286,868
  • First Open Lien Mortgage Lender: USAA FSB
  • First Open Lien Mortgage Recording Date: Jan 24, 2020
  • First Open Lien Mortgage Loan Amount: $286,868
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2050

    Market Valuation

  • Market Total Value: $470,000
  • Market Land Value: $138,000
  • Market Improvement Value: $332,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $470,000
  • Assessed Land Value: $138,000
  • Assessed Improvements Value: $332,000

    Sales

  • Current Sale Contract Date: Jan 14, 2020
  • Current Sale Recording Date: Jan 24, 2020
  • Current Sale Transaction ID: 11719895595
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: 20200124000386
  • Previous Sale Recording Date: Sep 25, 2015
  • Previous Sale Contract Date: Sep 24, 2015
  • Previous Sale Amount: $265,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: USAA FSB
  • First Mortgage Transaction Date: Jan 24, 2020
  • First Mortgage Loan Amount: $286,868
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Feb 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: PINNACLE CAPITAL MORTGAGE CORP
  • Previous Mortgage Transaction Date: Sep 25, 2015
  • Previous Mortgage Loan Amount: $272,221
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Oct 01, 2045

About Federal Way



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Nearby Rentals

Unit for rent at 28300 18th Avenue S, Federal Way, WA, 98003

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Unit for rent at 1840 S 284th Lane, Federal Way, WA, 98003

$1,850 /mo

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1840 S 284th Lane #H303, Federal Way, WA, 98003 Listing by Jennie King

Frequently Asked Questions

What neighborhood is 2023 South 282nd Place located in?
The 2023 South 282nd Place is a located in the neighborhood of King in Federal Way, Federal Way.
What is the average sales price for listings in 2023 South 282nd Place?
The average sales price for units in 2023 South 282nd Place is $0 currently.

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