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2300 Southwest 325th Street

2300 Southwest 325th Street, Federal Way, WA 98023
Property in King
Sold Nov 17, 1993
$130,950
$30,000 by Boeing Employees Cu
Mortgage Due Mar 02, 2045
2300 Southwest 325th Street in Federal Way, WA was first built in 1975 and is 49 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 2300 Southwest 325th Street has 1,970 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. The basement is 830 sqft and has been categorized as a full basement with daylight. In total, the area measurement of the land is 10,440 square feet.

Learn more about the property and building on this page. There is 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. For those who need parking, there is a attached garage. The garage is 460 sqft. There are a total of 2 available parking spaces. 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 good. As for heating, the home is utilizing a forced air unit 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 2300 Southwest 325th Street was last sold in Nov 12, 1993 for $130,950. According to our calculations, that's $53.89 per sqft. Current property owners are expected to pay $5,304 in taxes per year. The property on 2300 Southwest 325th Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $482,000. To break that down further, the land itself was valued at $151,000. While improvements to the property were assessed at a total of $331,000. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: C
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Full basement with daylight
  • Basement Area: 830
  • Garage Type: Attached
  • Garage Square Area: 460
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,440
  • Total Building Area: 2,430
  • Gross Building Area: 2,430
  • Building Area: 1,970
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,970
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: OLYMPIC VIEW RIDGE NO. 02
  • Land Acres: 0.24
  • Standard Land Use Code: Single family residential
  • Legal Description 1: OLYMPIC VIEW RIDGE # 2

Ownership

  • Current Owner : KNECHTEL DAVID K
  • Current Owner 2: KNECHTEL LAURA C
  • Previous Owner : THOMPSON MAXINE A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Federal Way School District
  • Census Tract: 030311

Zoning

  • Zoning: RS7.2

Geography

  • Account Number: 638670021002
  • District: FEDERAL WAY
  • Parcel: 638670-0210
  • Lot: 21
  • Meridian: SEC 13 TWN 21 RNG 03
  • Municipality: FEDERAL WAY
  • Latitude: 47.3114
  • Longitude: -122.363

    Address

  • Full Address: 2300 Sw 325th St
  • Address - House Number: 2300
  • Street Direction: SW
  • Address - Street Name: 325th
  • Address - Suffix Type: St
  • State: WA
  • City Name: Federal Way
  • Carrier Code: C067
  • 4-Digit Zip Code: 2529
  • Zip Code: 98023

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $5,304
  • Tax Rate Code Area: 1205

    Appraisal Valuation

  • Standard Deviation: 0.196
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 73
  • Final Value: 638,430
  • High Value: 763,583
  • Low Value: 513,276

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $30,000
  • First Open Lien Mortgage Lender: BOEING EMPLOYEES CU
  • First Open Lien Mortgage Recording Date: Mar 23, 2020
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $30,000
  • First Open Lien Mortgage Term: 299
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Mar 02, 2045

    Market Valuation

  • Market Total Value: $482,000
  • Market Land Value: $151,000
  • Market Improvement Value: $331,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $482,000
  • Assessed Land Value: $151,000
  • Assessed Improvements Value: $331,000

    Sales

  • Current Sale Contract Date: Nov 12, 1993
  • Current Sale Recording Date: Nov 17, 1993
  • Current Sale Transaction ID: 1016469411
  • Current Sale Price: $130,950
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 9311171257

    Last Sale Mortgage

  • First Mortgage Lender: GREAT WESTERN BANK
  • First Mortgage Transaction Date: Nov 17, 1993
  • First Mortgage Loan Amount: $117,850
  • First Mortgage Terms: 360

    Financing

  • First Mortgage Financing Type: Variable

About Federal Way



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Frequently Asked Questions

What neighborhood is 2300 Southwest 325th Street located in?
The 2300 Southwest 325th Street is a located in the neighborhood of King in Federal Way, Federal Way.
What is the average sales price for listings in 2300 Southwest 325th Street?
The average sales price for units in 2300 Southwest 325th Street is $0 currently.

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