Check Availability

29850 18th Avenue South

29850 18th Avenue South, Federal Way, WA 98003
Property in King
Sold Feb 20, 2020
$850,000
$737,000 by Quicken Loans Llc
Mortgage Due Jul 01, 2051
29850 18th Avenue South in Federal Way, WA was first built in 1949 and is 75 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, 7 are bedrooms. In terms of bathrooms, there are a total of 6 full bathrooms. There are 10 partial bathrooms. 29850 18th Avenue South has 2,860 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. In total, the area measurement of the land is 38,447 square feet.

Learn more about the property and building on this page. There is a unknown and 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. 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 unknown. As for heating, the home is utilizing electric heaters and being fueled with electricity. The property was last sold in Feb 19, 2020 for $850,000. That's $297.20 per sqft. 29850 18th Avenue South was last assessed in 2023. The total value of the property was assessed at $632,000. Specifically, the land the property is located on was valued at $214,000. While improvements on the property were assessed at a total of $418,000. 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 $6,892. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. 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: 1949
  • Effective Year Built: 1949
  • Building Count: 1
  • Bedroom Count: 7
  • Bathroom Count: 10
  • Full Bathrooms: 6
  • Partial Bathrooms: 10
  • Building Quality: C
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 38,447
  • Total Building Area: 2,860
  • Gross Building Area: 2,860
  • Building Area: 2,860
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Electric
  • Heated Square Feet: 2,860
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: JEANNETTE SOUNDVIEW TRS
  • Land Acres: 0.883
  • Standard Land Use Code: Boarding house, rooming house, apt hotel, transient lodgings, hostel
  • Legal Description 1: JEANNETTE SOUNDVIEW TRS PLAT BLOCK: 2 PLAT LOT: 12

Ownership

  • Current Owner : WOLDETEKLE ASGEDOM H
  • Current Owner 2: ASRES KINDALEM T
  • Previous Owner : KIM KWANG HOON
  • Previous Owner 2: KIM NAM SUNG
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: RS7.2

Geography

  • Account Number: 367440016007
  • District: FEDERAL WAY
  • Parcel: 367440-0160
  • Block: 2
  • Lot: 12
  • Meridian: SEC 04 TWN 21 RNG 04
  • Municipality: FEDERAL WAY
  • Latitude: 47.3339
  • Longitude: -122.311

    Address

  • Full Address: 29850 18th Ave S
  • Address - House Number: 29850
  • 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: 4202
  • Zip Code: 98003

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $6,892
  • Tax Rate Code Area: 1205

    Appraisal Valuation

  • Standard Deviation: 0.3128
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 37
  • Final Value: 1,368,180
  • High Value: 1,796,211
  • Low Value: 940,148

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $737,000
  • First Open Lien Mortgage Lender: QUICKEN LOANS LLC
  • First Open Lien Mortgage Recording Date: Jul 08, 2021
  • First Open Lien Mortgage Loan Amount: $737,000
  • 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: Jul 01, 2051

    Market Valuation

  • Market Total Value: $632,000
  • Market Land Value: $214,000
  • Market Improvement Value: $418,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $632,000
  • Assessed Land Value: $214,000
  • Assessed Improvements Value: $418,000

    Sales

  • Current Sale Contract Date: Feb 19, 2020
  • Current Sale Recording Date: Feb 20, 2020
  • Current Sale Transaction ID: 11736519385
  • Current Sale Price: $850,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20200220001250

    Last Sale Mortgage

  • First Mortgage Lender: EVERGREEN MONEYSOURCE MORTGAGE
  • First Mortgage Transaction Date: Feb 20, 2020
  • First Mortgage Loan Amount: $741,731
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2050

About Federal Way



Similar Buildings

Property at 29850 18th Avenue South,

1952 South 301st Court

  • 1 Unit for Sale
1952 South 301st Court, Federal Way, WA 98003
Property at 29850 18th Avenue South,

1940 South 301st Court

  • 2 Units for Sale
1940 South 301st Court, Federal Way, WA 98003
Property at 29850 18th Avenue South,

1934 South 301st Court

  • 1 Unit for Sale
1934 South 301st Court, Federal Way, WA 98003
Property at 29850 18th Avenue South,

1949 South 301st Court

  • 1 Unit for Sale
1949 South 301st Court, Federal Way, WA 98003
Property at 29850 18th Avenue South,

30215 19th Avenue South

  • 1 Unit for Sale
30215 19th Avenue South, Federal Way, WA 98003
Property at 29850 18th Avenue South,

29645 18th Avenue South

  • 1 Unit for Sale
29645 18th Avenue South, Federal Way, WA 98003
Property at 29850 18th Avenue South,

1903 South 302nd Street

  • 2 Units for Sale
1903 South 302nd Street, Federal Way, WA 98003
Property at 29850 18th Avenue South,

30319 16th Avenue South

  • 1 Unit for Sale
30319 16th Avenue South, Federal Way, WA 98003

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 29850 18th Avenue South located in?
The 29850 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 29850 18th Avenue South?
The average sales price for units in 29850 18th Avenue South is $0 currently.

Quantcast