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27720 25th Drive South

27720 25th Drive South, Federal Way, WA 98003
Property in King
Sold Jul 05, 1989
$107,000
$147,060 by Bank Of America Na
Mortgage Due Dec 01, 2039
Local assessors in Federal Way, WA have categorized 27720 25th Drive South as a residential type of property. The home was built in 1989 and is 35 years old. The property's lot size has been calculated to be 8,617 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 2 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 27720 25th Drive South has a total of 1,840 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 440 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a unknown so you'll have a great option in the back of the home. 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 forced air unit 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. 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, 27720 25th Drive South sold most recently in Jul 5, 1989 for a total of $107,000. If you work out the math, that's approximately a cost of $46.93 per sqft. 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 $5,685 in taxes each year. 27720 25th Drive South was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $518,000. If we break it down further, the land itself was valued at $138,000. Improvements to the property, however, were assessed at a total of $380,000. 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: 1989
  • Effective Year Built: 1989
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: B
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 440
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,617
  • Total Building Area: 2,280
  • Gross Building Area: 2,280
  • Building Area: 1,840
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,840
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SCARBOROUGH DIV NO. 02
  • Land Acres: 0.198
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SCARBOROUGH DIV NO. 02

Ownership

  • Current Owner : CONCANNON THOMAS C
  • Current Owner 2: CONCANNON DIANA M
  • Previous Owner : MAIN STREET HOMES INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Federal Way School District
  • Census Tract: 030008

Zoning

  • Zoning: RS7.2

Geography

  • Account Number: 757561078002
  • District: FEDERAL WAY
  • Parcel: 757561-0780
  • Lot: 78
  • Meridian: SEC 33 TWN 22 RNG 04
  • Municipality: FEDERAL WAY
  • Latitude: 47.3524
  • Longitude: -122.302

    Address

  • Full Address: 27720 25th Dr S
  • Address - House Number: 27720
  • Street Segment Direction: S
  • Address - Street Name: 25th
  • Address - Suffix Type: Dr
  • State: WA
  • City Name: Federal Way
  • Carrier Code: C090
  • 4-Digit Zip Code: 6928
  • Zip Code: 98003

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $5,685
  • Tax Rate Code Area: 1198

    Appraisal Valuation

  • Standard Deviation: 0.1472
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 82
  • Final Value: 589,633
  • High Value: 676,433
  • Low Value: 502,834

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $147,060
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Nov 24, 2009
  • First Open Lien Mortgage Loan Amount: $147,060
  • 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: Dec 01, 2039

    Market Valuation

  • Market Total Value: $518,000
  • Market Land Value: $138,000
  • Market Improvement Value: $380,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $518,000
  • Assessed Land Value: $138,000
  • Assessed Improvements Value: $380,000

    Sales

  • Current Sale Contract Date: Jul 05, 1989
  • Current Sale Recording Date: Jul 05, 1989
  • Current Sale Transaction ID: 1852573496
  • Current Sale Price: $107,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 198907110723

About Federal Way



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31020 9th Avenue S, Federal Way, WA, 98003 Listing by Terry Vo

Frequently Asked Questions

What neighborhood is 27720 25th Drive South located in?
The 27720 25th Drive South is a located in the neighborhood of King in Federal Way, Federal Way.
What is the average sales price for listings in 27720 25th Drive South?
The average sales price for units in 27720 25th Drive South is $0 currently.

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