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2321 South 302nd Street

2321 South 302nd Street, Federal Way, WA 98003
Property in King
Sold Oct 20, 2020
$360,000
$342,000 by Fairway Independent Mortgage C
Mortgage Due Nov 01, 2050
Sold Dec 20, 2017
$245,000
2321 South 302nd Street 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 1961 and is 63 years old. The home has a total of 3 bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 2321 South 302nd Street has 1,080 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 12,400 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. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 250 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. In terms of heating, it is utilizing a forced air unit and being fueled with electricity. There is a single fireplace in the home. Perfect for those wintery nights. 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. The property was last sold in Oct 14, 2020 for $360,000. That's $270.68 per sqft. Prior to that sales transaction, the property was also sold in Dec 19, 2017 for $245,000. 2321 South 302nd Street was last assessed in 2023. The total value of the property was assessed at $404,000. Specifically, the land the property is located on was valued at $150,000. While improvements on the property were assessed at a total of $254,000. 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 $4,479. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 250
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 12,400
  • Total Building Area: 1,330
  • Gross Building Area: 1,330
  • Building Area: 1,080
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,080
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.285
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N 155 FT OF S 656.99 FT OF E 80 FT OF W 547 FT OF E 1/2 OF SE 1/4 OF SW 1/4

Ownership

  • Current Owner : LY VINH DAO
  • Current Owner 2: DANG PHUONG HUE
  • Previous Owner : HAIDER MALIK
  • Previous Owner 2: KOKAB MUNAZA
  • Owner Before Previous Owner: GOSTISHA DAVID A
  • Owner Before Previous Owner 2: GOSTISHA GWENDOLYNN L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Federal Way School District
  • Census Tract: 030005

Zoning

  • Zoning: RS7.2

Geography

  • Account Number: 042104914801
  • District: FEDERAL WAY
  • Parcel: 042104-9148
  • Block: 148
  • Lot: 42104
  • Meridian: SEC 04 TWN 21 RNG 04
  • Municipality: FEDERAL WAY
  • Latitude: 47.3313
  • Longitude: -122.303

    Address

  • Full Address: 2321 S 302nd St
  • Address - House Number: 2321
  • Street Direction: S
  • Address - Street Name: 302nd
  • Address - Suffix Type: St
  • State: WA
  • City Name: Federal Way
  • Carrier Code: C043
  • 4-Digit Zip Code: 4263
  • Zip Code: 98003

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $4,479
  • Tax Rate Code Area: 1205

    Appraisal Valuation

  • Standard Deviation: 0.1466
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 82
  • Final Value: 466,911
  • High Value: 535,361
  • Low Value: 398,460

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $342,000
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Oct 20, 2020
  • First Open Lien Mortgage Loan Amount: $342,000
  • 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: Nov 01, 2050

    Market Valuation

  • Market Total Value: $404,000
  • Market Land Value: $150,000
  • Market Improvement Value: $254,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $404,000
  • Assessed Land Value: $150,000
  • Assessed Improvements Value: $254,000

    Sales

  • Current Sale Contract Date: Oct 14, 2020
  • Current Sale Recording Date: Oct 20, 2020
  • Current Sale Transaction ID: 11793848464
  • Current Sale Price: $360,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20201020002530
  • Previous Sale Recording Date: Dec 20, 2017
  • Previous Sale Contract Date: Dec 19, 2017
  • Previous Sale Amount: $245,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Oct 20, 2020
  • First Mortgage Loan Amount: $342,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2050

About Federal Way



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Frequently Asked Questions

What neighborhood is 2321 South 302nd Street located in?
The 2321 South 302nd Street is a located in the neighborhood of King in Federal Way, Federal Way.
What is the average sales price for listings in 2321 South 302nd Street?
The average sales price for units in 2321 South 302nd Street is $0 currently.

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