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29222 18th Avenue South

29222 18th Avenue South, Federal Way, WA 98003
Property in King
Sold Sep 19, 1996
$110,000
$88,000 by Washington Mutual Bank
Mortgage Due Oct 01, 2026
Sold Jan 19, 1996
$75,000
$50,000 by Eagle Mtg Inc
Mortgage Due Feb 01, 2026
29222 18th Avenue South 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 1965 and is 59 years old. The home has a total of 4 bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 29222 18th Avenue South has 2,000 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a full basement with daylight that is 1,100 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 9,557 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 carport for those who require parking. The garage measured 400 sqft. According to our sources, there are a total of 3 available parking spaces. Residents will have the luxury of enjoying a unknown. Moving on to the building itself. The condition of the building has been evaluated as good. 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 Sep 16, 1996 for $110,000. That's $50.00 per sqft. Prior to that sales transaction, the property was also sold in Jan 17, 1996 for $75,000. 29222 18th Avenue South was last assessed in 2023. The total value of the property was assessed at $497,000. Specifically, the land the property is located on was valued at $135,000. While improvements on the property were assessed at a total of $362,000. 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 $5,463. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! 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: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Bedroom Count: 4
  • 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: 1,100
  • Garage Type: Carport
  • Garage Square Area: 400
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 9,557
  • Total Building Area: 2,200
  • Gross Building Area: 2,200
  • Building Area: 2,000
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,000
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: LEXINGTON CONDOMINIUM
  • Land Acres: 0.219
  • Standard Land Use Code: Single family residential
  • Legal Description 1: E 128 FT LESS N 225 FT OF FOLG W 500 FT OF N 1/2 OF N 1/2 OF SW 1/4 OF NW 1/4 LY E OF ST RD # 1 LESS CO RD

Ownership

  • Current Owner : READ STEPHEN K
  • Current Owner 2: READ TERRI L
  • Previous Owner : NORWEST FINANCIAL WASHINGTON 1 INC
  • Owner Before Previous Owner: WILLIAMS SALLY E

Neighborhood

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

Zoning

  • Zoning: RS7.2

Geography

  • Account Number: 042104919800
  • District: FEDERAL WAY
  • Parcel: 042104-9198
  • Block: 198
  • Lot: 42104
  • Meridian: SEC 04 TWN 21 RNG 04
  • Municipality: FEDERAL WAY
  • Latitude: 47.3398
  • Longitude: -122.31

    Address

  • Full Address: 29222 18th Ave S
  • Address - House Number: 29222
  • Street Segment Direction: S
  • Address - Street Name: 18th
  • Address - Suffix Type: Ave
  • State: WA
  • City Name: Federal Way
  • Carrier Code: C080
  • 4-Digit Zip Code: 3826
  • Zip Code: 98003

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $5,463
  • Tax Rate Code Area: 1205

    Appraisal Valuation

  • Standard Deviation: 0.1677
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 78
  • Final Value: 599,998
  • High Value: 700,636
  • Low Value: 499,360

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $88,000
  • First Open Lien Mortgage Lender: WASHINGTON MUTUAL BANK
  • First Open Lien Mortgage Recording Date: Sep 19, 1996
  • First Open Lien Mortgage Loan Amount: $88,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2026

    Market Valuation

  • Market Total Value: $497,000
  • Market Land Value: $135,000
  • Market Improvement Value: $362,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $497,000
  • Assessed Land Value: $135,000
  • Assessed Improvements Value: $362,000

    Sales

  • Current Sale Contract Date: Sep 16, 1996
  • Current Sale Recording Date: Sep 19, 1996
  • Current Sale Transaction ID: 1005206272
  • Current Sale Price: $110,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 9609190451
  • Previous Sale Recording Date: Jan 19, 1996
  • Previous Sale Contract Date: Jan 17, 1996
  • Previous Sale Amount: $75,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WASHINGTON MUTUAL BANK
  • First Mortgage Transaction Date: Sep 19, 1996
  • First Mortgage Loan Amount: $88,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Oct 01, 2026

    Previous Mortgages

  • Previous Mortgage Lender: EAGLE MTG INC
  • Previous Mortgage Transaction Date: Jan 19, 1996
  • Previous Mortgage Loan Amount: $50,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Feb 01, 2026

About Federal Way



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Nearby Rentals

Unit for rent at 31020 9th Avenue S, Federal Way, WA, 98003

$2,650 /mo

  • 3 Beds
  • 3 Baths
31020 9th Avenue S, Federal Way, WA, 98003 Listing by Terry Vo

Frequently Asked Questions

What neighborhood is 29222 18th Avenue South located in?
The 29222 18th Avenue South is a located in the neighborhood of King in Federal Way, Federal Way.
What is the average sales price for listings in 29222 18th Avenue South?
The average sales price for units in 29222 18th Avenue South is $0 currently.

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