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2705 Southwest 327th Street

2705 Southwest 327th Street, Federal Way, WA 98023
Property in King
Sold Nov 30, 2021
$445,000
$413,250 by Wells Fargo Bank Na
Mortgage Due Dec 01, 2051
Sold May 25, 2004
$152,000
$144,400 by Homecomings Financial Network
Mortgage Due Jun 01, 2034
Local assessors in Federal Way, WA have categorized 2705 Southwest 327th Street as a residential type of property. The home was built in 1962 and is 62 years old. The property's lot size has been calculated to be 8,400 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, 3 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 is one full bathroom. There is also a partial bathroom. 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 2705 Southwest 327th Street has a total of 860 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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 240 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. 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 - D. The home's a forced air unit is the primary heating source and it is being fueled with electricity. The property was last sold in Nov 19, 2021 for $445,000. That's $404.55 per sqft. Prior to that sales transaction, the property was also sold in May 21, 2004 for $152,000. 2705 Southwest 327th Street was last assessed in 2023. The total value of the property was assessed at $358,000. Specifically, the land the property is located on was valued at $132,000. While improvements on the property were assessed at a total of $226,000. 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 $3,992. 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: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Good
  • Building Quality: D
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 240
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 8,400
  • Total Building Area: 1,100
  • Gross Building Area: 1,100
  • Building Area: 860
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 860
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: VILLAGE PARK DIV C
  • Land Acres: 0.193
  • Standard Land Use Code: Single family residential
  • Legal Description 1: VILLAGE PARK DIV C LESS C & M RGTS

Ownership

  • Current Owner : ABEBE ABEJE WONDIMU
  • Current Owner 2: ABRAHA MEAZA TAMENE
  • Previous Owner : MILLER CHRISTOPHER J
  • Previous Owner 2: MILLER MICHELLE A
  • Owner Before Previous Owner: EASTMAN GLENN A
  • Owner Before Previous Owner 2: EASTMAN JAYNE R K
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: RS7.2

Geography

  • Account Number: 894520006004
  • District: FEDERAL WAY
  • Parcel: 894520-0060
  • Lot: 6
  • Meridian: SEC 13 TWN 21 RNG 03
  • Municipality: FEDERAL WAY
  • Latitude: 47.3086
  • Longitude: -122.368

    Address

  • Full Address: 2705 Sw 327th St
  • Address - House Number: 2705
  • Street Direction: SW
  • Address - Street Name: 327th
  • Address - Suffix Type: St
  • State: WA
  • City Name: Federal Way
  • Carrier Code: C064
  • 4-Digit Zip Code: 2536
  • Zip Code: 98023

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $3,992
  • Tax Rate Code Area: 1205

    Appraisal Valuation

  • Standard Deviation: 0.1472
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 82
  • Final Value: 409,618
  • High Value: 469,918
  • Low Value: 349,319

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $413,250
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Nov 30, 2021
  • First Open Lien Mortgage Loan Amount: $413,250
  • 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: Dec 01, 2051

    Market Valuation

  • Market Total Value: $358,000
  • Market Land Value: $132,000
  • Market Improvement Value: $226,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $358,000
  • Assessed Land Value: $132,000
  • Assessed Improvements Value: $226,000

    Sales

  • Current Sale Contract Date: Nov 19, 2021
  • Current Sale Recording Date: Nov 30, 2021
  • Current Sale Transaction ID: 11870262634
  • Current Sale Price: $445,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20211130001233
  • Previous Sale Recording Date: May 25, 2004
  • Previous Sale Contract Date: May 21, 2004
  • Previous Sale Amount: $152,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Nov 30, 2021
  • First Mortgage Loan Amount: $413,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: HOMECOMINGS FINANCIAL NETWORK
  • Previous Mortgage Transaction Date: May 25, 2004
  • Previous Mortgage Loan Amount: $144,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jun 01, 2034

About Federal Way



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Frequently Asked Questions

What neighborhood is 2705 Southwest 327th Street located in?
The 2705 Southwest 327th Street is a located in the neighborhood of King in Federal Way, Federal Way.
What is the average sales price for listings in 2705 Southwest 327th Street?
The average sales price for units in 2705 Southwest 327th Street is $0 currently.

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