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35638 8th Avenue Southwest

35638 8th Avenue Southwest, Federal Way, WA 98023
Property in King
Sold Apr 12, 2022
$950,000
$891,250 by Penrith Home Loans Llc
Mortgage Due May 01, 2037
Sold Dec 29, 2014
$380,000
$304,000 by Qualstar Cu
Mortgage Due Jan 01, 2045
Local assessors in Federal Way, WA have categorized 35638 8th Avenue Southwest as a residential type of property. The home was built in 2004 and is 20 years old. The property's lot size has been calculated to be 9,914 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, 4 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 3 full bathrooms. There are also 3 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 35638 8th Avenue Southwest has a total of 3,450 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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 attached garage for those who need a place to park their vehicle. The garage on the property is 700 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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 - B. The home's a heat pump is the primary heating source and it is being fueled with electricity. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Apr 7, 2022 for $950,000. That's $228.92 per sqft. Prior to that sales transaction, the property was also sold in Dec 23, 2014 for $380,000. 35638 8th Avenue Southwest was last assessed in 2023. The total value of the property was assessed at $690,000. Specifically, the land the property is located on was valued at $149,000. While improvements on the property were assessed at a total of $541,000. 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 $7,506. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: B
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 700
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,914
  • Total Building Area: 4,150
  • Gross Building Area: 4,150
  • Building Area: 3,450
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Heat pump
  • Heated Square Feet: 3,450
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SECOMA TERRACE
  • Land Acres: 0.228
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SECOMA TERRACE

Ownership

  • Current Owner : KELLY JASON
  • Current Owner 2: WEN CAI SHERRY
  • Previous Owner : MAYS DEBORAH D
  • Owner Before Previous Owner: US BANK NATIONAL ASSOCIATION
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

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

Zoning

  • Zoning: RS9.6

Geography

  • Account Number: 768390020008
  • District: FEDERAL WAY
  • Parcel: 768390-0200
  • Lot: 20
  • Meridian: SEC 30 TWN 21 RNG 04
  • Municipality: FEDERAL WAY
  • Latitude: 47.2813
  • Longitude: -122.345

    Address

  • Full Address: 35638 8th Ave Sw
  • Address - House Number: 35638
  • Street Segment Direction: SW
  • Address - Street Name: 8th
  • Address - Suffix Type: Ave
  • State: WA
  • City Name: Federal Way
  • Carrier Code: C077
  • 4-Digit Zip Code: 8132
  • Zip Code: 98023

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $7,506
  • Tax Rate Code Area: 1205

    Appraisal Valuation

  • Standard Deviation: 0.1687
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 78
  • Final Value: 862,682
  • High Value: 1,008,293
  • Low Value: 717,070

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $891,250
  • First Open Lien Mortgage Lender: PENRITH HOME LOANS LLC
  • First Open Lien Mortgage Recording Date: Apr 12, 2022
  • First Open Lien Mortgage Loan Amount: $891,250
  • 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: May 01, 2037

    Market Valuation

  • Market Total Value: $690,000
  • Market Land Value: $149,000
  • Market Improvement Value: $541,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $690,000
  • Assessed Land Value: $149,000
  • Assessed Improvements Value: $541,000

    Sales

  • Current Sale Contract Date: Apr 07, 2022
  • Current Sale Recording Date: Apr 12, 2022
  • Current Sale Transaction ID: 11885817240
  • Current Sale Price: $950,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1146
  • Previous Sale Recording Date: Dec 29, 2014
  • Previous Sale Contract Date: Dec 23, 2014
  • Previous Sale Amount: $380,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PENRITH HOME LOANS LLC
  • First Mortgage Transaction Date: Apr 12, 2022
  • First Mortgage Loan Amount: $891,250
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2037

    Previous Mortgages

  • Previous Mortgage Lender: QUALSTAR CU
  • Previous Mortgage Transaction Date: Dec 29, 2014
  • Previous Mortgage Loan Amount: $304,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2045

About Federal Way



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Frequently Asked Questions

What neighborhood is 35638 8th Avenue Southwest located in?
The 35638 8th Avenue Southwest is a located in the neighborhood of King in Federal Way, Federal Way.
What is the average sales price for listings in 35638 8th Avenue Southwest?
The average sales price for units in 35638 8th Avenue Southwest is $0 currently.

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