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28512 29th Place South

28512 29th Place South, Federal Way, WA 98003
Property in King
Sold Oct 01, 2021
$500,000
$475,000 by Evergreen Moneysource Mortgage
Mortgage Due Nov 01, 2051
Sold Apr 27, 2020
$270,000
$272,000 by Home Point Financial Corporati
Mortgage Due May 01, 2050
Local assessors in Federal Way, WA have categorized 28512 29th Place South as a residential type of property. The home was built in 1979 and is 45 years old. The property's lot size has been calculated to be 7,210 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 are also 2 partial bathrooms. 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 28512 29th Place South has a total of 1,100 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 480 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a unknown so you'll have a great option in the back of the home. 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 - C. The home's electric heaters is the primary heating source and it is being fueled with electricity. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 28512 29th Place South sold most recently in Sep 20, 2021 for a total of $500,000. If you work out the math, that's approximately a cost of $316.46 per sqft. Before that, the property was also sold for $270,000 in Apr 15, 2020. 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 $4,839 in taxes each year. 28512 29th Place South was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $438,000. If we break it down further, the land itself was valued at $123,000. Improvements to the property, however, were assessed at a total of $315,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 1979
  • Effective Year Built: 1979
  • 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 Area: 0
  • Garage Type: Attached
  • Garage Square Area: 480
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,210
  • Total Building Area: 1,580
  • Gross Building Area: 1,580
  • Building Area: 1,100
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Electric
  • Heated Square Feet: 1,100
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: RIDGE WEST
  • Land Acres: 0.166
  • Standard Land Use Code: Single family residential
  • Legal Description 1: RIDGE WEST

Ownership

  • Current Owner : FENTE ASHENAFI A
  • Previous Owner : MIKHAILOV MIKHAIL
  • Previous Owner 2: SHEVTSOVA IANA
  • Owner Before Previous Owner: MIKHAILOV ALEXANDER
  • Owner Before Previous Owner 2: MIKHAILOVA KATERINA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: RS7.2

Geography

  • Account Number: 730320036009
  • District: FEDERAL WAY
  • Parcel: 730320-0360
  • Lot: 36
  • Meridian: SEC 33 TWN 22 RNG 04
  • Municipality: FEDERAL WAY
  • Latitude: 47.3458
  • Longitude: -122.295

    Address

  • Full Address: 28512 29th Pl S
  • Address - House Number: 28512
  • Street Segment Direction: S
  • Address - Street Name: 29th
  • Address - Suffix Type: Pl
  • State: WA
  • City Name: Federal Way
  • Carrier Code: C090
  • 4-Digit Zip Code: 3344
  • Zip Code: 98003

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $4,839
  • Tax Rate Code Area: 1205

    Appraisal Valuation

  • Standard Deviation: 0.1472
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 82
  • Final Value: 480,523
  • High Value: 551,261
  • Low Value: 409,786

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $475,000
  • First Open Lien Mortgage Lender: EVERGREEN MONEYSOURCE MORTGAGE
  • First Open Lien Mortgage Recording Date: Oct 01, 2021
  • First Open Lien Mortgage Loan Amount: $475,000
  • 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, 2051

    Market Valuation

  • Market Total Value: $438,000
  • Market Land Value: $123,000
  • Market Improvement Value: $315,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $438,000
  • Assessed Land Value: $123,000
  • Assessed Improvements Value: $315,000

    Sales

  • Current Sale Contract Date: Sep 20, 2021
  • Current Sale Recording Date: Oct 01, 2021
  • Current Sale Transaction ID: 11858314951
  • Current Sale Price: $500,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20211001002197
  • Previous Sale Recording Date: Apr 27, 2020
  • Previous Sale Contract Date: Apr 15, 2020
  • Previous Sale Amount: $270,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: EVERGREEN MONEYSOURCE MORTGAGE
  • First Mortgage Transaction Date: Oct 01, 2021
  • First Mortgage Loan Amount: $475,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: HOME POINT FINANCIAL CORPORATI
  • Previous Mortgage Transaction Date: Apr 27, 2020
  • Previous Mortgage Loan Amount: $272,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2050

About Federal Way



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Frequently Asked Questions

What neighborhood is 28512 29th Place South located in?
The 28512 29th Place South is a located in the neighborhood of King in Federal Way, Federal Way.
What is the average sales price for listings in 28512 29th Place South?
The average sales price for units in 28512 29th Place South is $0 currently.

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