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32620 32nd Avenue Southwest

32620 32nd Avenue Southwest, Federal Way, WA 98023
Property in King
Sold Mar 24, 2000
$161,950
$145,750 by Downey S/l
Mortgage Due Apr 01, 2030
32620 32nd Avenue Southwest 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 1969 and is 55 years old. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. 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, 32620 32nd Avenue Southwest has 1,460 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 11,340 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 480 sqft. According to our sources, there are a total of 2 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. 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, 32620 32nd Avenue Southwest sold most recently in Mar 21, 2000 for a total of $161,950. If you work out the math, that's approximately a cost of $83.48 per sqft. 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 $5,061 in taxes each year. 32620 32nd Avenue Southwest was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $459,000. If we break it down further, the land itself was valued at $168,000. Improvements to the property, however, were assessed at a total of $291,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI 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: 1969
  • Effective Year Built: 1969
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • 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: 11,340
  • Total Building Area: 1,940
  • Gross Building Area: 1,940
  • Building Area: 1,460
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,460
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: WOOD VALE
  • Land Acres: 0.26
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WOOD VALE

Ownership

  • Current Owner : THOMPSON TRAVIS
  • Previous Owner : CHANG MING C
  • Previous Owner 2: CHEN MEI LIN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: RS7.2

Geography

  • Account Number: 951090052006
  • District: FEDERAL WAY
  • Parcel: 951090-0520
  • Lot: 52
  • Meridian: SEC 13 TWN 21 RNG 03
  • Municipality: FEDERAL WAY
  • Latitude: 47.3096
  • Longitude: -122.374

    Address

  • Full Address: 32620 32nd Ave Sw
  • Address - House Number: 32620
  • Street Segment Direction: SW
  • Address - Street Name: 32nd
  • Address - Suffix Type: Ave
  • State: WA
  • City Name: Federal Way
  • Carrier Code: C062
  • 4-Digit Zip Code: 2552
  • Zip Code: 98023

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $5,061
  • Tax Rate Code Area: 1205

    Appraisal Valuation

  • Standard Deviation: 0.1637
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 79
  • Final Value: 545,861
  • High Value: 635,249
  • Low Value: 456,473

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $213,750
  • First Open Lien Mortgage Lender: DOWNEY S/L
  • First Open Lien Mortgage Recording Date: Mar 24, 2000
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $145,750
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2030
  • Second Open Lien Mortgage Lender: BOEING EMPLOYEES CU
  • Second Open Lien Mortgage Recording Date: May 24, 2016
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $68,000
  • Second Open Lien Mortgage Term: 299
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: May 13, 2041

    Market Valuation

  • Market Total Value: $459,000
  • Market Land Value: $168,000
  • Market Improvement Value: $291,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $459,000
  • Assessed Land Value: $168,000
  • Assessed Improvements Value: $291,000

    Sales

  • Current Sale Contract Date: Mar 21, 2000
  • Current Sale Recording Date: Mar 24, 2000
  • Current Sale Transaction ID: 1039328404
  • Current Sale Price: $161,950
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20000324001928

    Last Sale Mortgage

  • First Mortgage Lender: DOWNEY S/L
  • First Mortgage Transaction Date: Mar 24, 2000
  • First Mortgage Loan Amount: $145,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Apr 01, 2030

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Federal Way



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Frequently Asked Questions

What neighborhood is 32620 32nd Avenue Southwest located in?
The 32620 32nd Avenue Southwest is a located in the neighborhood of King in Federal Way, Federal Way.
What is the average sales price for listings in 32620 32nd Avenue Southwest?
The average sales price for units in 32620 32nd Avenue Southwest is $0 currently.

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