3 months on rocket

28434 Military Rd S, Federal Way, WA, 98003

$485,000

1.05 Acres
Land

Location

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Property Highlights

MLS #2274040
Lot Size1.05 Acres
StatusActive

About 28434 Military Rd S

Attention Builders/Developers/Investors: 1 acre of residential zone 7200/lot (RS7.2). All utilities: Sewer, Electricity, Water and even GAS are on the property. There is an existing small house on the lot that has been burned down. The house has all utilities connected though. Excellent opportunity to subdivide with all utilities already on the lot. Federal Way is growing. With smaller density zoning, you maybe able to get more lots on this 1 acre piece of land than the current zoning of 7200 sf/lot. Just blocks to I-5 and the new transist station.

Property Details

Property Features

Listing Office:

  • Office Name: Best Choice Realty
  • Office Phone: (206) 886-3986
  • Listing Agent: Tyler Thuan Hoang

Lot Features

Lot Information:

  • Lot Size: 1.05 Acres

Other

Directions Information:

  • Directions: I-5 South exit 272nd Street. Head east (left) on 272nd. South (right) on Military Road about 1/2 mile. Property on your left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $485,000

Tax Information:

  • Annual Amount: $2,614
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Federal Way, WA.

Med. Sold Price

$596.6K

Med. Price/SqFt

$318

Avg. Days On Market

34

# of Sold Homes

69

28434 Military Rd S vs Federal Way

107 DAYS ON ROCKET

+73 Days

$485,000

-$111.6K Less

KEY TAKEAWAY

This property is $111.6K less than the Median Sold Price in Federal Way, WA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NWMLS
  • MLS Number: #2274040

Listing Office:

  • Office Name: Best Choice Realty
  • Office Phone: (206) 886-3986
  • Listing Agent: Tyler Thuan Hoang

IDX Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDXThe data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2024 Northwest MLS. All rights reserved.

DMCA Notice

Disclaimer: The information contained in this listing has not been verified by Rocket Homes Real Estate, LLC and should be verified by the buyer. All information deemed reliable but not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. All properties are subject to prior sale, change or withdrawal. Neither broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Days on site is calculated from the listing date of the current listing and includes the sum of market time from prior listings for the same property uninterrupted by a sale or more than 60 days off-market. Time off market, including time when a sale is pending, temporarily off market, etc. is not included.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 2:17:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 24, 2005Home Sold
$230,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,614$210,000
2018$2,269$192,000
2017$2,516$173,000

History based on county public records data.

Payment Calculator

$2,488

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,521

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-325598
2
/10
  • Mark Twain Elementary School

  • 2450 S Star Lake Rd

  • 0.70 miles

  • Public District Grades KG-5

school-card-donut-325599
3
/10
  • Valhalla Elementary School

  • 27847 42nd Ave S

  • 0.91 miles

  • Public District Grades KG-5

school-card-donut-325600
2
/10
  • Wildwood Elementary School

  • 2405 S 300th St

  • 0.96 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $55,308. Most Federal Way, WA residents have annual incomes between $35k-100k. Most families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Federal Way, WA

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Federal Way, WA?

Federal Way offers a diverse housing market with a mix of single-family homes, apartments, and townhouses. The architectural styles vary, with a prevalence of contemporary and craftsman designs. Single-family homes are the most common, reflecting the area's family-friendly atmosphere. The housing market is dynamic, with a range of options to accommodate different budgets and lifestyles.

Is Federal Way, WA a good place to live?

Federal Way is known for its vibrant community spirit and natural beauty. The city prides itself on its well-maintained parks and recreational areas, including the popular Dash Point State Park. Residents enjoy a variety of annual events that showcase the city's cultural diversity and foster a sense of community.

Are things conveniently located in Federal Way, WA?

The city is served by a robust educational system, with numerous public and private schools catering to all age groups. Healthcare services are readily available, with several clinics and a regional hospital providing comprehensive care. Retail and dining options are plentiful, offering both local and international cuisine, reflecting the diverse population of Federal Way.

What does the transportation in Federal Way, WA look like?

Transportation options in Federal Way include a network of bus routes that connect residents to nearby cities and local destinations. The area is also served by major highways, making it convenient for car travel. While some neighborhoods are more walkable than others, the city is continually improving its infrastructure to enhance pedestrian and cyclist safety and convenience.

Frequently Asked Questions About 28434 Military Rd S

What is the listing price of this property?

The listing price of 28434 Military Rd S property is $485,000.

What type of property is this?

The property 28434 Military Rd S is land located in Federal Way, Washington, 98003.

Is this property for sale now?

Active Listing: 28434 Military Rd S is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,614 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on March 24, 2005 for $230,000. (source: MLS/tax record).

How much acreage is this property?

The property 28434 Military Rd S is 1.05 acres.
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Rocket HomesWashingtonKing CountyFederal Way9800328434 Military Rd S

This home is located at 28434 Military Rd S in Federal Way, WA and zip code 98003. This home sits on a 1.05 acre lot. It has been listed on Rocket Homes since August 05, 2024 and is currently priced at $485,000.

In October 2024, from all listings sold in Federal Way, WA there were more than 15 sold above asking price, over 31 sold below and more than 23 were sold right at the asked price. Between September 2024 and October 2024, Federal Way, WA real estate market has seen increase in the number of listings by 4.3%. Listings spent 34 days on the market in October 2024, and had a median list price of $596,688 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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