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32623 7th Avenue Southwest

32623 7th Avenue Southwest, Federal Way, WA 98023
Property in King
Sold Aug 05, 1996
$205,000
$226,000 by Planet Home Lending Llc
Mortgage Due Nov 01, 2035
Sold Sep 09, 1992
$187,000
32623 7th Avenue Southwest in Federal Way, WA was first built in 1986 and is 38 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, 4 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 3 partial bathrooms. 32623 7th Avenue Southwest has 2,810 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. The basement is 1,160 sqft and has been categorized as a full basement with daylight. In total, the area measurement of the land is 8,575 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. For those who need parking, there is a attached garage. The garage is 550 sqft. There are a total of 2 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of B. The condition of the building has been evaluated as average. As for heating, the home is utilizing a forced air unit and being fueled with electricity. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Aug 1, 1996 for $205,000. That's $61.01 per sqft. Prior to that sales transaction, the property was also sold in Sep 9, 1992 for $187,000. 32623 7th Avenue Southwest was last assessed in 2023. The total value of the property was assessed at $576,000. Specifically, the land the property is located on was valued at $139,000. While improvements on the property were assessed at a total of $437,000. 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 $6,299. 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: 1986
  • Effective Year Built: 1986
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 1
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: B
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Full basement with daylight
  • Basement Area: 1,160
  • Garage Type: Attached
  • Garage Square Area: 550
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,575
  • Total Building Area: 3,360
  • Gross Building Area: 3,360
  • Building Area: 2,810
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,810
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: WEST CAMPUS DIV NO. 03
  • Land Acres: 0.197
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WEST CAMPUS DIV 3

Ownership

  • Current Owner : ANDERSON MARY L
  • Previous Owner : SWETMAN RICK L
  • Previous Owner 2: SWETMAN BARBARA A
  • Owner Before Previous Owner: DALGAARD PETER B
  • Owner Before Previous Owner 2: DALGAARD SHIRLEY J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Federal Way School District
  • Census Tract: 030308

Zoning

  • Zoning: RS7.2

Geography

  • Account Number: 926492092008
  • District: FEDERAL WAY
  • Parcel: 926492-0920
  • Lot: 92
  • Meridian: SEC 18 TWN 21 RNG 04
  • Municipality: FEDERAL WAY
  • Latitude: 47.3101
  • Longitude: -122.344

    Address

  • Full Address: 32623 7th Ave Sw
  • Address - House Number: 32623
  • Street Segment Direction: SW
  • Address - Street Name: 7th
  • Address - Suffix Type: Ave
  • State: WA
  • City Name: Federal Way
  • Carrier Code: C075
  • 4-Digit Zip Code: 4901
  • Zip Code: 98023

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $6,299
  • Tax Rate Code Area: 1205

    Appraisal Valuation

  • Standard Deviation: 0.1583
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 80
  • Final Value: 779,682
  • High Value: 903,119
  • Low Value: 656,245

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $226,000
  • First Open Lien Mortgage Lender: PLANET HOME LENDING LLC
  • First Open Lien Mortgage Recording Date: Oct 13, 2020
  • First Open Lien Mortgage Loan Amount: $226,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2035

    Market Valuation

  • Market Total Value: $576,000
  • Market Land Value: $139,000
  • Market Improvement Value: $437,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $576,000
  • Assessed Land Value: $139,000
  • Assessed Improvements Value: $437,000

    Sales

  • Current Sale Contract Date: Aug 01, 1996
  • Current Sale Recording Date: Aug 05, 1996
  • Current Sale Transaction ID: 1007543247
  • Current Sale Price: $205,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 9608050714
  • Previous Sale Recording Date: Sep 09, 1992
  • Previous Sale Contract Date: Sep 09, 1992
  • Previous Sale Amount: $187,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GROUP ONE MTG CORP
  • First Mortgage Transaction Date: Aug 05, 1996
  • First Mortgage Loan Amount: $135,000
  • First Mortgage Terms: 60
  • First Mortgage Loan Type: Balloon
  • First Mortgage Loan Due Date: Aug 01, 2001

About Federal Way



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Nearby Rentals

Unit for rent at 33020 10th Avenue Sw, Federal Way, WA, 98023

$2,200 /mo

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33020 10th Avenue Sw #D301, Federal Way, WA, 98023 Listing by Barbara J. Hansen

Frequently Asked Questions

What neighborhood is 32623 7th Avenue Southwest located in?
The 32623 7th Avenue Southwest is a located in the neighborhood of King in Federal Way, Federal Way.
What is the average sales price for listings in 32623 7th Avenue Southwest?
The average sales price for units in 32623 7th Avenue Southwest is $0 currently.

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