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32701 1st Avenue South

32701 1st Avenue South, Federal Way, WA 98003
Property in King
This has been categorized as a commercial property type. In total, the area measurement of the land is 23,192 square feet.

Learn more about the property and building on this page. 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 property was last sold in Dec 30, 2019 for $2,500,000. Prior to that sales transaction, the property was also sold in Feb 6, 2008 for $6,725,000. 32701 1st Avenue South was last assessed in 2023. The total value of the property was assessed at $347,800. Specifically, the land the property is located on was valued at $347,800. 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 $4,492. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. 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.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Building Count: 1
  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 23,192
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Commercial
  • Subdivision: SP 378139
  • Land Acres: 0.532
  • Standard Land Use Code: Regional shopping center or mall with anchor store
  • Legal Description 1: LOT 4 OF KC SHORT PLAT NO 378139 RECORDING NO 7808240802 LESS SLY 31 FT AS MEAS ALONG E LN THOF SD PLAT DAF - POR OF E 1/2 OF E 1/2 DAF BAAP WCH BEARS S 01-02-38 W 2388.29 FT & N 88-57-22 W 42 FT FR NE COR OF SD SEC TH S 01-02-38 W 565 FT TO POC TO L

Ownership

  • Current Owner : FWC LLC
  • Previous Owner : FRIEDMAN HENRY
  • Previous Owner 2: FRIEDMAN SANDRA
  • Owner Before Previous Owner: RF QUAD LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Federal Way School District
  • Census Tract: 030203

Zoning

  • Zoning: BN

Geography

  • Account Number: 182104904707
  • District: FEDERAL WAY
  • Parcel: 182104-9047
  • Block: 47
  • Lot: 4
  • Meridian: SEC 18 TWN 21 RNG 04
  • Municipality: FEDERAL WAY
  • Latitude: 47.3084
  • Longitude: -122.335

    Address

  • Full Address: 32701 1st Ave S
  • Address - House Number: 32701
  • Street Segment Direction: S
  • Address - Street Name: 1st
  • Address - Suffix Type: Ave
  • State: WA
  • City Name: Federal Way
  • Zip Code: 98003

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $4,492
  • Tax Rate Code Area: 1205

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,760,000
  • First Open Lien Mortgage Lender: US BANK NA
  • First Open Lien Mortgage Recording Date: Dec 31, 2019
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $1,760,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $347,800
  • Market Land Value: $347,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $347,800
  • Assessed Land Value: $347,800

    Sales

  • Current Sale Contract Date: Dec 30, 2019
  • Current Sale Recording Date: Dec 31, 2019
  • Current Sale Transaction ID: 11712508437
  • Current Sale Price: $2,500,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20191231001426
  • Previous Sale Recording Date: Feb 14, 2008
  • Previous Sale Contract Date: Feb 06, 2008
  • Previous Sale Amount: $6,725,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: US BANK NA
  • First Mortgage Transaction Date: Dec 31, 2019
  • First Mortgage Loan Amount: $1,760,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Credit Line (Revolving)

    Financing

  • First Mortgage Financing Type: Variable

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: Feb 14, 2008
  • Previous Mortgage Loan Amount: $3,425,000

About Federal Way



Similar Buildings

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Nearby Rentals

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

$2,950 /mo

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

Frequently Asked Questions

What neighborhood is 32701 1st Avenue South located in?
The 32701 1st Avenue South is a located in the neighborhood of King in Federal Way, Federal Way.
What is the average sales price for listings in 32701 1st Avenue South?
The average sales price for units in 32701 1st Avenue South is $0 currently.

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