Listing Provided Courtesy Of:
Blue Emerald Real Estate Co. and NWMLS
Address
31228 28th Avenue S Federal Way, WA
Price
$ 1,200,000
Property Attributes
  • ID#1757212
  • TypeSingle Family
  • CountyKING
  • CityFederal Way
  • AreaDash Point-Feder
  • NeighborhoodSteel Lake
  • Zip98003
  • Style1 Story
  • Year Built1943
  • Taxes$ 7751
  • Price$ 1,200,000
  • Bedrooms2
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage1150
  • Lot Size0.95 Acres
Listing Provided Courtesy Of:
Blue Emerald Real Estate Co. and NWMLS
Data Source:
Northwest Multiple Listing Service (NWMLS) - 21 - WA
Property Description

Rare investor opportunity for condominium, multifamily, and/or commercial development situated in desirable King County location within walking distance to mass transit. With Steel Lake Park and Truman Highschool as neighbors and easy freeway access, this property has massive income potential. Site infrastructure is underway for Sound Transit in the back of the property. This property also provides immediate income with two single-family houses that transferred so you can collect income while preparing for the development of the highest and best use. Make this investment shine by developing it to its highest potential! This rare opportunity won't last long so start planning and submit your offer today.

Elementary School Middle School High School
Buyer To Verify Elementary School Buyer To Verify Middle School Buyer To Verify High School
Price History
4/13/2021 Listed $1,200,000

General Features

Appliances Range/Oven, Refrigerator
Attached Garage No
Building Area Units Square Feet
Carport Y/N No
City Federal Way
County King
Directions From 312th St., head east to 28th Ave S. Go North on 28th Ave. Properties are on the left.
Elementary School Buyer To Verify
Entry Location Main
Exterior Features Wood
Flooring Vinyl, Carpet
Garage Spaces 1
Garage Y/N Yes
HOA Fee Frequency Monthly
High School Buyer To Verify
High School District Federal Way
Levels One
MLS Area 110 - Dash Point/Feder
Middle/Junior High School Buyer To Verify
New Construction No
Possession Closing
Property Style 10 - 1 Story
Property SubType Residential
Property Type Residential
PropertyCondition Average
Roof Composition
Senior Community Y/N No
Sewer Available
Special Listing Conditions None
Standard Status Active
Status Active
Street Name 28th
Structure Type House
Subdivision Name Steel Lake
Tax Annual Amount 7751
Tax Year 2020
Terms Cash Out, Conventional
Utilities Electricity Available
Virtual Tour https://www.youtube.com/watch?v=t-BmhUr2wec
Year Built 1943
Zoning Description RM2400

Interior Features

Bathrooms 1
Baths Full Main 1
Bedrooms Possible 2
Electric On Property Y/N No
Fireplace Y/N No
Full Baths 1
Furnished Y/N Unfurnished
Heating Y/N Yes
Living Area 1150
Living Area Units Square Feet
Main Level Bedrooms 2
Power Production Type Electric
Street Suffix Avenue
Total Baths 1
Total Bedrooms 2
Water Heater Location Laundry Room
Water Heater Type Electric

Exterior Features

Building Area Total 1150
Covered Spaces 1
Foundation Details See Remarks
Inclusions RangeOven, Refrigerator, LeasedEquipment
Irrigation Water Rights Y/N No
Lot Size Acres 0.9466
Lot Size Square Feet 41233
Lot Size Units Square Feet
Open Parking Y/N No
Parking Features Detached Garage
Total Parking 1
View Y/N No
Water Source Public
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 98003

Price
AVG $570K
$1.2M
Taxes
AVG $3,584
$7,751
Visits
AVG 59
133
Year Built
AVG 1974
1943
Walkscore
AVG 38
51
Data Provided by Walkscore ® not using MLS data