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33840 7th Way Southwest

33840 7th Way Southwest, Federal Way, WA 98023
Property in King
Sold Oct 29, 2019
$377,000
$320,000 by Seattles Best Mortgage Inc
Mortgage Due Nov 01, 2049
Sold Sep 11, 2015
$191,500
33840 7th Way Southwest in Federal Way, WA was first built in 1998 and is 26 years old. This has been categorized as a residential property type. There are a total of 2 floors. 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 2 partial bathrooms. 33840 7th Way Southwest has 1,760 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 10,391 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. For those who need parking, there is a attached garage. The garage is 480 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 C. 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. 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, 33840 7th Way Southwest sold most recently in Oct 23, 2019 for a total of $377,000. If you work out the math, that's approximately a cost of $168.30 per sqft. Before that, the property was also sold for $191,500 in Sep 3, 2015. 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 $5,241 in taxes each year. 33840 7th Way Southwest was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $476,000. If we break it down further, the land itself was valued at $113,000. Improvements to the property, however, were assessed at a total of $363,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.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: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 480
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,391
  • Total Building Area: 2,240
  • Gross Building Area: 2,240
  • Building Area: 1,760
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,760
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: WEST HILL
  • Land Acres: 0.239
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WEST HILL

Ownership

  • Current Owner : TAJALLE EMMA C
  • Previous Owner : KIM JAE CHANG
  • Previous Owner 2: KIM JUN HEE
  • Owner Before Previous Owner: BORJA JOEL S
  • Owner Before Previous Owner 2: INOS ELAINE A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Federal Way School District
  • Census Tract: 030309

Zoning

  • Zoning: RM2400

Geography

  • Account Number: 926910005004
  • District: FEDERAL WAY
  • Parcel: 926910-0050
  • Lot: 5
  • Meridian: SEC 19 TWN 21 RNG 04
  • Municipality: FEDERAL WAY
  • Latitude: 47.298
  • Longitude: -122.344

    Address

  • Full Address: 33840 7th Way Sw
  • Address - House Number: 33840
  • Street Segment Direction: SW
  • Address - Street Name: 7th
  • Address - Suffix Type: Way
  • State: WA
  • City Name: Federal Way
  • Carrier Code: C037
  • 4-Digit Zip Code: 5010
  • Zip Code: 98023

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $5,241
  • Tax Rate Code Area: 1205

    Appraisal Valuation

  • Standard Deviation: 0.1473
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 82
  • Final Value: 547,542
  • High Value: 628,210
  • Low Value: 466,874

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $320,000
  • First Open Lien Mortgage Lender: SEATTLES BEST MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Oct 29, 2019
  • First Open Lien Mortgage Loan Amount: $320,000
  • 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: Nov 01, 2049

    Market Valuation

  • Market Total Value: $476,000
  • Market Land Value: $113,000
  • Market Improvement Value: $363,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $476,000
  • Assessed Land Value: $113,000
  • Assessed Improvements Value: $363,000

    Sales

  • Current Sale Contract Date: Oct 23, 2019
  • Current Sale Recording Date: Oct 29, 2019
  • Current Sale Transaction ID: 11670711162
  • Current Sale Price: $377,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20191029000132
  • Previous Sale Recording Date: Sep 11, 2015
  • Previous Sale Contract Date: Sep 03, 2015
  • Previous Sale Amount: $191,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SEATTLES BEST MORTGAGE INC
  • First Mortgage Transaction Date: Oct 29, 2019
  • First Mortgage Loan Amount: $320,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2049

About Federal Way



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Nearby Rentals

Unit for rent at

$1,900 /mo

  • 1 Bed
  • 1 Bath
Unit for rent at

$1,695 /mo

  • 1 Bed
  • 800 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 33840 7th Way Southwest located in?
The 33840 7th Way Southwest is a located in the neighborhood of King in Federal Way, Federal Way.
What is the average sales price for listings in 33840 7th Way Southwest?
The average sales price for units in 33840 7th Way Southwest is $0 currently.

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