Check Availability

35618 1st Avenue South

35618 1st Avenue South, Federal Way, WA 98003
Property in King
Sold Nov 23, 2022
$402,000
$164,000 by Cardinal Financial Company Lp
Mortgage Due Apr 01, 2044
Sold Mar 10, 2014
$205,000
$164,000 by Cardinal Financial Company Lp
Mortgage Due Apr 01, 2044
Local assessors in Federal Way, WA have categorized 35618 1st Avenue South as a residential type of property. The home was built in 1951 and is 73 years old. It was most recently renovated and altered in 1999. The property's lot size has been calculated to be 39,659 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 35618 1st Avenue South has a total of 1,860 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a finished improved basement that is 650 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 360 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The home's a forced air unit is the primary heating source and it is being fueled with electricity. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 35618 1st Avenue South was last sold in Jun 6, 2022 for $402,000. According to our calculations, that's $216.13 per sqft. Prior to that sales transaction, the property was sold for $205,000 in Feb 10, 2014. Current property owners are expected to pay $5,125 in taxes per year. The property on 35618 1st Avenue South was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $465,000. To break that down further, the land itself was valued at $169,000. While improvements to the property were assessed at a total of $296,000. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. 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.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1999
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 650
  • Garage Type: Detached
  • Garage Square Area: 360
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 39,659
  • Total Building Area: 1,860
  • Gross Building Area: 1,860
  • Building Area: 1,860
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,860
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: W PLW N LN SD SUBD
  • Land Acres: 0.91
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BEG NW COR OF SW 1/4 OF NW 1/4 TH S 30 FT TH S 89-46-57 E 30 FT TO TPOB TH S 89-46-57 E 177 FT TH S 10-01-44 E 166.36 FT TO INTSCT CURVE TO LFT RAD BEARS S 34-48-53 E 175 FT TH SWLY ALG CURVE TO LEFT C/A 28-53-40 ARC DIST 88.25 FT TO PT REV CURVE TO

Ownership

  • Current Owner : MICHAEL & ELIZABETH HODGES REVOCABLE LIVING T
  • Previous Owner : HODGES MICHAEL J
  • Owner Before Previous Owner: LEE MYEONG AH
  • Ownership Rights Codes: Life Tenant
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Federal Way School District
  • Census Tract: 030304

Zoning

  • Zoning: RS7.2

Geography

  • Account Number: 292104901502
  • District: FEDERAL WAY
  • Parcel: 292104-9015
  • Block: 15
  • Lot: 292104
  • Meridian: SEC 29 TWN 21 RNG 04
  • Municipality: FEDERAL WAY
  • Latitude: 47.282
  • Longitude: -122.334

    Address

  • Full Address: 35618 1st Ave S
  • Address - House Number: 35618
  • Street Segment Direction: S
  • Address - Street Name: 1st
  • Address - Suffix Type: Ave
  • State: WA
  • City Name: Federal Way
  • Carrier Code: C045
  • 4-Digit Zip Code: 8601
  • Zip Code: 98003

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $5,125
  • Tax Rate Code Area: 1205

    Appraisal Valuation

  • Standard Deviation: 0.1521
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 81
  • Final Value: 536,089
  • High Value: 617,678
  • Low Value: 454,500

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $164,000
  • First Open Lien Mortgage Lender: CARDINAL FINANCIAL COMPANY LP
  • First Open Lien Mortgage Recording Date: Mar 10, 2014
  • First Open Lien Mortgage Loan Amount: $164,000
  • 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: Apr 01, 2044

    Market Valuation

  • Market Total Value: $465,000
  • Market Land Value: $169,000
  • Market Improvement Value: $296,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $465,000
  • Assessed Land Value: $169,000
  • Assessed Improvements Value: $296,000

    Sales

  • Current Sale Contract Date: Jun 06, 2022
  • Current Sale Recording Date: Nov 23, 2022
  • Current Sale Transaction ID: 11899258862
  • Current Sale Price: $402,000
  • Current Sale Document Type: Quit Claim Deed
  • Current Sale Input Document Number: 587
  • Previous Sale Recording Date: Mar 10, 2014
  • Previous Sale Contract Date: Feb 10, 2014
  • Previous Sale Amount: $205,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: CARDINAL FINANCIAL COMPANY LP
  • Previous Mortgage Transaction Date: Mar 10, 2014
  • Previous Mortgage Loan Amount: $164,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2044

About Federal Way



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 35618 1st Avenue South located in?
The 35618 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 35618 1st Avenue South?
The average sales price for units in 35618 1st Avenue South is $0 currently.

Quantcast