Check Availability

40707 278th Way Southeast

40707 278th Way Southeast, Enumclaw, WA 98022
Property in King
Sold Jun 26, 2020
$813,000
$416,000 by Caliber Home Loans Inc
Mortgage Due Jul 01, 2035
Sold Jul 21, 2016
$565,000
$400,000 by Nationwide Bank
Mortgage Due Aug 01, 2046
40707 278th Way Southeast has been categorized by the local assessors in Enumclaw, WA as a residential type of property. The building on the property was first built in 1986 and is 38 years old. The home has a total of 4 bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 40707 278th Way Southeast has 2,530 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 514,008 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 960 sqft. According to our sources, there are a total of 5 available parking spaces. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as unknown. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. In terms of heating, it is utilizing a heat pump and being fueled with electricity. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. The building on the property is connected to a sewer system. 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, 40707 278th Way Southeast sold most recently in Jun 2, 2020 for a total of $813,000. If you work out the math, that's approximately a cost of $321.34 per sqft. Before that, the property was also sold for $565,000 in Jul 20, 2016. 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 $7,883 in taxes each year. 40707 278th Way Southeast was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $995,000. If we break it down further, the land itself was valued at $451,000. Improvements to the property, however, were assessed at a total of $544,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1986
  • Effective Year Built: 1986
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: C
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 960
  • Parking Space Count: 5

    Dimensions

  • Lot Size Square Feet: 514,008
  • Total Building Area: 2,530
  • Gross Building Area: 2,530
  • Building Area: 2,530
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Heat pump
  • Heated Square Feet: 2,530
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SP 1077130
  • Land Acres: 11.8
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 1 KCSP 1077130 REC AF #7902070811 SD PLAT DAF - POR OF GL 2 STR 07-20-07 LY WLY OF 278TH WAY SE LESS POR DESC AS FOLLOWS - BEG AT W 1/4 COR OF STR 07-20-07 TH E ALG E/W C/L OF SD SEC 866 FT TO TPOB TH CONTG E ALG SD C/L OF SEC 209 FT TO C/L OF SE

Ownership

  • Current Owner : FISCHER CRAIG A
  • Current Owner 2: FISCHER HEIDT A
  • Previous Owner : VANHOOF ANDREA
  • Previous Owner 2: VANHOOF KODY
  • Owner Before Previous Owner: SCHIPPER GREGORY J
  • Owner Before Previous Owner 2: SCHIPPER TRUDI R
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Enumclaw School District
  • Census Tract: 031502

Zoning

  • Zoning: A35

Geography

  • Account Number: 072007907305
  • District: KING COUNTY
  • Parcel: 072007-9073
  • Block: 73
  • Lot: 1
  • Meridian: SEC 07 TWN 20 RNG 07
  • Municipality: KING COUNTY
  • Latitude: 47.2364
  • Longitude: -121.97

    Address

  • Full Address: 40707 278th Way Se
  • Address - House Number: 40707
  • Street Segment Direction: SE
  • Address - Street Name: 278th
  • Address - Suffix Type: Way
  • State: WA
  • City Name: Enumclaw
  • Carrier Code: R005
  • 4-Digit Zip Code: 9709
  • Zip Code: 98022

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $7,883
  • Tax Rate Code Area: 3550

    Appraisal Valuation

  • Standard Deviation: 0.1442
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 82
  • Final Value: 1,133,072
  • High Value: 1,296,485
  • Low Value: 969,660

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $416,000
  • First Open Lien Mortgage Lender: CALIBER HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Jun 26, 2020
  • First Open Lien Mortgage Loan Amount: $416,000
  • 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: Jul 01, 2035

    Market Valuation

  • Market Total Value: $995,000
  • Market Land Value: $451,000
  • Market Improvement Value: $544,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $995,000
  • Assessed Land Value: $451,000
  • Assessed Improvements Value: $544,000

    Sales

  • Current Sale Contract Date: Jun 02, 2020
  • Current Sale Recording Date: Jun 26, 2020
  • Current Sale Transaction ID: 11769900530
  • Current Sale Price: $813,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20200626001642
  • Previous Sale Recording Date: Jul 21, 2016
  • Previous Sale Contract Date: Jul 20, 2016
  • Previous Sale Amount: $565,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CALIBER HOME LOANS INC
  • First Mortgage Transaction Date: Jun 26, 2020
  • First Mortgage Loan Amount: $416,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2035

    Previous Mortgages

  • Previous Mortgage Lender: NATIONWIDE BANK
  • Previous Mortgage Transaction Date: Jul 21, 2016
  • Previous Mortgage Loan Amount: $400,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2046

About King



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 40707 278th Way Southeast located in?
The 40707 278th Way Southeast is a located in the neighborhood of King in King, Enumclaw.
What is the average sales price for listings in 40707 278th Way Southeast?
The average sales price for units in 40707 278th Way Southeast is $0 currently.

Quantcast