34246 1st Place South

Federal Way, WA 98003

$875,000
Price
4
Beds
4
Baths
2,784 Sq. Ft.
$314 / Sq. Ft.
2,784
Sq. Ft.
$314
per Sq. Ft.

Description

Great 4 plex in Campus view community. Each unit has fireplace, deck with a good layout. Large one-bedroom units with large closets. HOA takes care of all management and Maintenance. Interior inspection with signed around offer. Financials from Management company. Each unit has a 1 car carport with 2 extra shared quest spaces. Prime location close to walking trails, shopping, restaurants. and King County Aquatic Center. Easy Access to HWY 99 and I 5Great 4 plex in Campus view community. Each unit has fireplace, deck with a good layout. Large one-bedroom units with large closets. HOA takes care of all management and Maintenance. Interior inspection with signed around offer. Financials from Management company. Each unit has a 1 car carport with 2 extra shared quest spaces. Prime location close to walking trails, shopping, restaurants. and King County Aquatic Center. Easy Access to HWY 99 and I 5
  1. Listed by Richard Maxwell • Green Path Real Estate

Property Details for 34246 1st Place South

Community Name
West Campus
School District
Federal Way
Number of Assigned Spaces
6
Total Covered Parking
0
Entry Date
11-08-2024
Energy Source
Electric
Sewer
Sewer Connected
LISTING UPDATED: 11/27/2024 12:39 PM

Property Details for 34246 1st Place South

StatusActive
MLS #2309379
Days on Market52
Cumulative Days on Market52
Taxes$8,354 / year
HOA Fees$375 / month
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1977
Lot Size0.23 AC / 9,810 SF
CountyKing County

Building Information for 34246 1st Place South

Stories2Residences4Year Built1977Building Size-Lot Size0.23 AC / 9,810 SF

Property Information for 34246 1st Place South

Summary
Location and General Information
  • Style: 54 - 4-Plex
  • Site Features: Cable TV, Deck, High Speed Internet
  • Area: 110 - Dash Point/Federal Way
  • Block: k
  • Effective Year Built Source: Public Records
  • Directions: from I 5 west on HWY 18/ 348th right on 1st Way S, left on 1st PL S right on s 242nd pl four plex on corner.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2024
Parking
  • Number of Carport Spaces: 4.0
  • Carport: No
  • Open Parking Spaces: 2.0
  • Open Parking: Yes
Interior and Exterior Features
Bathroom Information
  • Full Baths Upper: 0
  • Three Quarter Baths Upper: 0
  • Half Baths Upper: 0
  • Main Level Bathrooms: 0
Bedroom Information
  • Bedrooms Upper: 0
  • Bedrooms Possible: 0
Interior Features
  • Fireplaces Total: 0
  • Floor Covering: Laminate, Carpet
  • Features: Laminate Hardwood, Wall to Wall Carpet
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Baseboard
  • FIRPTA: Yes
Exterior Features
  • Exterior: Wood Products
  • Roof: Tile
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 0
  • Power Company: PSE
  • Sewer Company: Lakehaven
  • Water Company: Lakehaven
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete
  • Zoning Class: Multi-Family
  • Construction Methods: Standard Frame
  • First Right Of Refusal: false
  • Possible Use: Multi-Family
  • MLS Square Footage Source: KCR
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 2005
  • Photos Count: 9
Lot Information
  • Lot Details: Cul-De-Sac, Curbs, Paved, Sidewalk
  • Lot Number: 22
  • Lot Size Source: KCR
  • Parcel Number Free Text: 1322010220
  • Building Condition: Good
  • Calculated Square Footage: 2784
  • Structure Type: Quadruplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 2784.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Common Interest: Multi-Family
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 2
  • Number of Stories in Building: 2
  • Vacancy Rate: 5
  • Number Of Units Total: 4
  • Units Below Grade: false
  • Units In Building Total: 4
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 15244
  • Gross Adjusted Income: 66120
  • Gross Rent Multiplier: 13.23
  • Gross Scheduled Income: $69,600
  • Insurance Expense: $1,790
  • Net Operating Income: $50,876
  • Other Expenses: $5,100
  • Total Monthly Income: 5800
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: A
  • Washer/Dryer Unit 1: true
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Square Feet Unit 1: 700
  • Rent Unit 1: $1,450.00
  • Bedrooms Unit 1: 1
  • Fireplaces Unit 1: 1
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: B
  • Washer/Dryer Unit 2: true
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Square Feet Unit 2: 700
  • Rent Unit 2: $1,450.00
  • Bedrooms Unit 2: 1
  • Fireplaces Unit 2: 1
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: c
  • Washer/Dryer Unit 3: true
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: false
  • Square Feet Unit 3: 700
  • Rent Unit 3: $1,450.00
  • Bedrooms Unit 3: 1
  • Fireplaces Unit 3: 1
  • Bathrooms Unit 3: 1
Unit 4
  • Name Unit 4: D
  • Washer/Dryer Unit 4: true
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: false
  • Square Feet Unit 4: 700
  • Rent Unit 4: $1,450.00
  • Bedrooms Unit 4: 1
  • Fireplaces Unit 4: 1
  • Bathrooms Unit 4: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 2784.0
  • Leasable Area Units: Square Feet

Property History for 34246 1st Place South

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 34246 1st Place South

Taxable ValueLand$140,000Additions$599,000Total$739,000
Tax Record2022$7,325 ($610 / month)
Home Facts
Total Finished SqFt2,784 SqFtAbove Ground SqFt2,784 SqFtStories2Lot Size9,810 SqFtStyleMulti-Family Dwelling (2-4)Year Built1977Year Renovated2005ZoningRM2400CountyKINGAPN132201-0220Fireplace TypeHas Fireplace

Schools near 34246 1st Place South

This home is within Federal Way School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 5 to 8
Public - 9 to 12
Public - 6 to 10
Rating
School
Distance
Panther Lake Elementary School
PublicPK to 5

Illahee Middle School
Public5 to 8

Todd Beamer High School
Public9 to 12

Federal Way Public Academy
Public6 to 10

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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34246 1st Place South is a multi-family home for sale in Federal Way, WA 98003. This property was listed for sale on November 8, 2024 by Green Path Real Estate, it's currently listed at $875,000. This listing's school district is Federal Way School District. Nearby schools include Panther Lake Elementary School, Illahee Middle School and Todd Beamer High School. 34246 1st Place South is a 4-bed, 4-bath, 2,784 sqft multi-family home built in 1977.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Green Path Real Estate

Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.