new - 7 days on rocket

29003 28th Pl S, Federal Way, WA, 98003

$512,950

Home List Price

$6,091*

Closing Credit

0 Baths
1,680 SqFt
$305/SqFt
House

Location

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29003 28th Pl S, Federal Way$512,950

Buyer Closing Credits

$6,091*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Year Built1980
HeatingOther
CoolingNone
ViewTerritorial
MLS #2309148
Lot Size0.17 Acres
StatusActive

About 29003 28th Pl S

Excellent investment opportunity with a strong 5.9% CAP rate and $3,300 in monthly rental income with potential for future growth. This property ideally located on a quiet dead-end street, close to freeway access, the upcoming light rail station and shopping. Each townhouse style unit offers 2 bedrooms, 1.5 bathrooms, 840 square feet of living space, an attached one-car garage and a private, fully fenced backyard. Both units have an excellent rental history. One unit underwent a $40K remodel in 2015 with additional updates including appliances and a new water heater between 2018 and 2019. Month to month lease. BRING ALL OFFERS! Motivated Seller. DO NOT CONTACT TENANTS.

Property Details

Property Features

Property Information:

  • Year Built: 1980
  • Stories: 2
  • Living Area: 1,680 SqFt

Listing Office:

  • Office Name: Homes & Equity Real Estate Grp
  • Office Phone: (425) 401-0606
  • Listing Agent: Mo Abdi

Interior Features

Interior Information:

  • Flooring Type: Laminate, Vinyl, Carpet
  • Interior: Laminate Hardwood, Wall to Wall Carpet

Exterior Features

Exterior Information:

  • View: Territorial
  • Exterior: Metal/Vinyl, Wood

Lot Features

Lot Information:

  • Lot: Curbs, Dead End Street, Paved, Sidewalk
  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: None

Other

Directions Information:

  • Directions: From 288th, turn on 28th Place S to 29003 & 29005 on right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $512,950
  • Price Per SqFt: $305/SqFt

Tax Information:

  • Annual Amount: $3,982
  • Tax Year: 2020
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Housing Market Comparison

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

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Federal Way, WA

City

Med. Sold Price

$596.6K

Med. Price/SqFt

$318

Avg. Days On Market

34

# of Sold Homes

69

29003 28th Pl S vs Federal Way

7 DAYS ON ROCKET

-27 Days

$512,950

-$83.7K Less

$305/SqFt

-$14 Less

KEY TAKEAWAY

This property is $83.7K less than the Median Sold Price and $14/SqFt less than other homes in Federal Way, WA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NWMLS
  • MLS Number: #2309148

Listing Office:

  • Office Name: Homes & Equity Real Estate Grp
  • Office Phone: (425) 401-0606
  • Listing Agent: Mo Abdi

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: 11/15/2024, 1:47:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 14, 2016Home Sold
$275,000
Aug 05, 2005Home Sold
$298,700
Jun 24, 2004Home Sold
$235,000
Jul 24, 1995Home Sold
$124,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,982$327,000
2018$3,460$298,000
2017$3,840$268,000

History based on county public records data.

Payment Calculator

$2,628

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,604

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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-275406
2
/10

  • Wildwood Elementary School

  • 2405 S 300th St

  • 0.66 miles

  • Public District Grades KG-5

school-card-donut-275407
4
/10

  • Camelot Elementary School

  • 4041 S 298th St

  • 0.77 miles

  • Public District Grades KG-5

school-card-donut-275408
3
/10

  • Valhalla Elementary School

  • 27847 42nd Ave S

  • 0.96 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $55,417. The most common annual income of people living in Federal Way, WA is between $35k-100k. Most families are single, no kids. The majority of residents in this area have high school diploma 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 29003 28th Pl S

What is the listing price of this property?

The listing price of 29003 28th Pl S property is $512,950.

What type of property is this?

The property 29003 28th Pl S is a house located in Federal Way, Washington, 98003.

Is this property for sale now?

Active Listing: 29003 28th Pl 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 $3,982 (source: MLS/based on county public records data).

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

The last sale was on September 14, 2016 for $275,000. (source: MLS/tax record).

What is the square footage of this property?

The property 29003 28th Pl S is 1,680 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 29003 28th Pl S is 1980.

Rocket Homes›Washington›King County›Federal Way›98003›29003 28th Pl S

This home is located at 29003 28th Pl S in Federal Way, WA and zip code 98003. This 1,680 square foot home, which was built in 1980, sits on a 0.17 acre lot. It has been listed on Rocket Homes since November 08, 2024 and is currently priced at $512,950.

In October 2024 more than 15 listings in Federal Way, WA were sold above the asking price. During the same period more than 23 listings were sold at asking price, while more than 31 were sold below. Between September 2024 and October 2024, Federal Way, WA real estate market has seen increase in the number of listings by 4.3%. While the average time on the market in October 2024 was 34 days, the median list price was $596,688.

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

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