Check Availability

356 South 304th Place

356 South 304th Place, Federal Way, WA 98003
Property in King
Sold Jul 13, 2021
$465,000
$372,000 by Bay Equity Llc
Mortgage Due Aug 01, 2051
Sold Apr 27, 1992
$104,500
356 South 304th Place in Federal Way, WA was first built in 1962 and is 62 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 356 South 304th Place has 970 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 8,925 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a attached garage. The garage is 520 sqft. There is one available parking space. The quality of the control joints have been graded by the local assessor with a letter grade of D. The condition of the building has been evaluated as good. As for heating, the home is utilizing a forced air unit and being fueled with electricity. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 356 South 304th Place sold most recently in Jul 2, 2021 for a total of $465,000. If you work out the math, that's approximately a cost of $378.05 per sqft. Before that, the property was also sold for $104,500 in Apr 27, 1992. 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 $4,341 in taxes each year. 356 South 304th Place was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $391,000. If we break it down further, the land itself was valued at $144,000. Improvements to the property, however, were assessed at a total of $247,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: D
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 520
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 8,925
  • Total Building Area: 1,230
  • Gross Building Area: 1,230
  • Building Area: 970
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 970
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: EMBERWOOD NO. 02
  • Land Acres: 0.205
  • Standard Land Use Code: Single family residential
  • Legal Description 1: EMBERWOOD # 2

Ownership

  • Current Owner : HATCH YOSHIKO
  • Previous Owner : THORNTON MICHAEL A
  • Previous Owner 2: HANSEN ALISSA M
  • Owner Before Previous Owner: RODENY BERGSTROM E
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Federal Way School District
  • Census Tract: 030204

Zoning

  • Zoning: RS7.2

Geography

  • Account Number: 232960001005
  • District: FEDERAL WAY
  • Parcel: 232960-0010
  • Lot: 1
  • Meridian: SEC 08 TWN 21 RNG 04
  • Municipality: FEDERAL WAY
  • Latitude: 47.3294
  • Longitude: -122.33

    Address

  • Full Address: 356 S 304th Pl
  • Address - House Number: 356
  • Street Direction: S
  • Address - Street Name: 304th
  • Address - Suffix Type: Pl
  • State: WA
  • City Name: Federal Way
  • Carrier Code: C083
  • 4-Digit Zip Code: 4055
  • Zip Code: 98003

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $4,341
  • Tax Rate Code Area: 1205

    Appraisal Valuation

  • Standard Deviation: 0.1631
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 79
  • Final Value: 476,208
  • High Value: 553,906
  • Low Value: 398,511

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $372,000
  • First Open Lien Mortgage Lender: BAY EQUITY LLC
  • First Open Lien Mortgage Recording Date: Jul 13, 2021
  • First Open Lien Mortgage Loan Amount: $372,000
  • 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: Aug 01, 2051

    Market Valuation

  • Market Total Value: $391,000
  • Market Land Value: $144,000
  • Market Improvement Value: $247,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $391,000
  • Assessed Land Value: $144,000
  • Assessed Improvements Value: $247,000

    Sales

  • Current Sale Contract Date: Jul 02, 2021
  • Current Sale Recording Date: Jul 13, 2021
  • Current Sale Transaction ID: 11842860433
  • Current Sale Price: $465,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20210713001206
  • Previous Sale Recording Date: Apr 27, 1992
  • Previous Sale Contract Date: Apr 27, 1992
  • Previous Sale Amount: $104,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BAY EQUITY LLC
  • First Mortgage Transaction Date: Jul 13, 2021
  • First Mortgage Loan Amount: $372,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2051

About Federal Way



Similar Buildings

Property at 356 South 304th Place,

111 South 325th Place

  • 1 Unit for Sale
111 South 325th Place, Federal Way, WA 98003

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 356 South 304th Place located in?
The 356 South 304th Place is a located in the neighborhood of King in Federal Way, Federal Way.
What is the average sales price for listings in 356 South 304th Place?
The average sales price for units in 356 South 304th Place is $0 currently.

Quantcast