by RH Advisors

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Federal Way 98003
434 S 316th Place
Listed by: Mike Yun, Better Properties RE King, 253-941-1122, Listing Courtesy of NWMLS
$420,000
House - For Sale

434 S 316th Place

Federal Way, WA 98003
bedrooms
5 Beds
bathrooms
2 Baths
Upcoming Open House
12AM - 3PM, Wed, May 1 -
Book now
$2,430
Estimated Monthly
$0
HOA / Fees
10.10%
Cap Rate

About This Property

Investor's Dream. Don't miss this spacious rambler - 5 Rooms & 1.75 baths with 5 tenants. Month to month. Has stayed many years. This Single Family Residence Is A Welcoming Home That Sits On A Respectable sized 7665 Sq Ft lot. New Roof 2 years ago. New Furnace Dec 2023. Hardwoods in most of the house. Double pane Vinyl windows. Outdoors you will enjoy the large fenced yard with the privacy of a greenbelt. Tile kitchen counters & vinyl floor. close to bus, shopping & freeways. Located on low traffic street.
Unit Size
-
Days on Market
2 days
Land Size
0.18 acres
Price per sqft
-
Property Type
House
Property Taxes
$367
HOA Dues
-
Year Built
1968
Listed By
Michael Yun
Better Properties RE King
Last updated: 2 days ago (NWMLS #NWM2224010)

Price History

Date / Event Date Event Price
Apr 27, 2024 Listed by Better Properties RE King $420,000
Listed by Better Properties RE King
Mar 21, 2024 In contract -
In contract
Mar 7, 2024 Listed by Better Properties RE King $400,000
Listed by Better Properties RE King
Investor's Dream. Don't miss this spacious rambler - 4 bdrms (possible 5 or huge den/rec rm) & 1/75 baths with 5 tenants. Month to Month. Has stayed many years. This Single Family Residence Is A Welcoming Home That Sits On A Respectable sized 7665 SqFt lot. New Roof 2 years ago. New Furnace Dec 2023. Hardwoods in most of the house. Double pane Vinyl windows. Outdoors you will enjoy the large fenced yard with the privacy of a greenbelt. Tile kitchen counters & vinyl floor. Close to…
May 2, 2017 Sold to So Y Joung $233,000
Sold to So Y Joung

Property Highlights

Parking Available
Parking Details
Parking Features: Off Street
Interior Details

Bathroom Information

Full Bathrooms: 1
Bathtubs: 1
Showers: 1

Interior Information

Interior Features: Hardwood, Double Pane/Storm Window
Flooring Type: Hardwood

Room 1

Level: Main
Type: Entry Hall

Room 2

Level: Main
Type: Kitchen With Eating Space

Room 3

Level: Main
Type: Primary Bedroom

Room 4

Level: Main
Type: Utility Room

Room 5

Level: Main
Type: Approved Accessory

Room 6

Level: Main
Type: Bedroom

Room 7

Level: Main
Type: Bedroom

Room 8

Level: Main
Type: Bedroom

Room 9

Level: Main
Type: Bedroom

Room 10

Level: Main
Type: Bathroom Three Quarter

Room 11

Level: Main
Type: Bathroom Full

Basement Information

Basement: None

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,665
  • Total Building Area: 1,280
  • Gross Building Area: 1,280
  • Building Area: 1,280
  • Building Area Measurement: unknown

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,280
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: SPRINGWOOD PARK NO. 03
  • Land Acres: 0.176
  • Legal Description 1: SPRINGWOOD PARK # 3

Ownership

  • Current Owner : JOUNG SO Y
  • Previous Owner : HSBC BANK USA NA
  • Owner Before Previous Owner: RAMIREZ JESUS
  • Owner Before Previous Owner 2: RODRIGUEZ SILVESTRE
  • Is Owner Occupied: unknown
  • Ownership Rights Codes: unknown

Neighborhood

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

Zoning

  • Zoning: RS7.2

Geography

  • Account Number: 794170005001
  • District: FEDERAL WAY
  • Parcel: 794170-0050
  • Lot: 5
  • Meridian: SEC 08 TWN 21 RNG 04
  • Municipality: FEDERAL WAY
  • Latitude: 47.3186
  • Longitude: -122.328

    Address

  • Full Address: 434 S 316th Pl
  • Address - House Number: 434
  • Street Direction: S
  • Address - Street Name: 316th
  • Address - Suffix Type: Pl
  • State: WA
  • City Name: Federal Way
  • Carrier Code: C087
  • 4-Digit Zip Code: 5215
  • Zip Code: 98003

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $4,521
  • Tax Rate Code Area: 1205

    Appraisal Valuation

  • Standard Deviation: 0.1407
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 83
  • Final Value: 483,781
  • High Value: 551,892
  • Low Value: 415,670

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,470,000
  • First Open Lien Mortgage Lender: GBC INTERNATIONAL BANK
  • First Open Lien Mortgage Recording Date: Aug 17, 2022
  • First Open Lien Mortgage Loan Amount: $2,470,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: unknown

    Market Valuation

  • Market Total Value: $408,000
  • Market Land Value: $132,000
  • Market Improvement Value: $276,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $408,000
  • Assessed Land Value: $132,000
  • Assessed Improvements Value: $276,000

    Sales

  • Current Sale Contract Date: Mar 30, 2017
  • Current Sale Recording Date: May 02, 2017
  • Current Sale Transaction ID: 1811326082
  • Current Sale Price: $233,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 20170502001351
  • Previous Sale Recording Date: Feb 10, 2017
  • Previous Sale Contract Date: Feb 03, 2017
  • Previous Sale Amount: $176,657
  • Previous Sale Document Type: unknown

    Last Sale Mortgage

  • First Mortgage Lender: LEADER ONE FINANCIAL CORP
  • First Mortgage Transaction Date: May 02, 2017
  • First Mortgage Loan Amount: $170,420
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: May 01, 2047

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
4 Baths
-
$406,000 May 19, 2016
$406,000 Aug 5, 2016
$349/mo
House
3 Beds
1 Bath
-
$410,000 Jan 23, 2024
$410,000 Apr 5, 2024
$322/mo
House
3 Beds
1 Bath
-
$499,000 Mar 9, 2024
$499,000 Mar 30, 2024
$362/mo
House
3 Beds
2 Baths
-
$499,990 Nov 9, 2022
$499,990 Nov 30, 2022
$344/mo
Condo
3 Beds
2 Baths
-
$358,900 Feb 24, 2024
$358,900 Apr 19, 2024
$656/mo
House
3 Beds
2 Baths
-
$499,000 Apr 26, 2024
-
$376/mo
House
3 Beds
1 Bath
-
$425,000 Apr 25, 2024
-
$325/mo
Condo
2 Beds
2 Baths
-
$365,000 Apr 1, 2024
-
$681/mo
Condo
3 Beds
2 Baths
-
$359,950 Apr 5, 2024
-
$735/mo

About Federal Way


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Frequently Asked Questions

When was property at 434 South 316th Place built and last sold?
The property at 434 South 316th Place was built in 1968 and last sold on Mar 30, 2017 for $233,000.
How much is this home worth?
The estimated value of the home located at 434 South 316th Place is $424,200.
What are some comparable homes to 434 South 316th Place?
Homes that are comparable to 434 South 316th Place include a house property at 32002 8th Avenue South, 31725 6th Avenue South, 119 South 317th Place.

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