Federal Way - FIXER home on the east side of North Lake. 2.33 Acres, perfectly situated for Re-building the home or you to rehab and flip or finish and live in it. Seller has six lot short plat and final engineering approved with the City and ready to build if you want to complete the development. Rare opportunity in this high demand area. Interior of home has been stripped for remodel - Seller has removed drywall, some wiring, fixtures, most plumbing, cabinets, providing a blank canvas for you to create what you want. Home on septic. Sewer, city water, power, phone, cable are all available for you to connect to the home. Developer terms are available or cash out.
Sold
Listed by: KW Mountains to Sound Realty • David R Knight
Bought with: KW Mountains to Sound Realty
$800,000
33222 38th Avenue S, Federal Way, WA 98001
1beds
2,760sqft
Single Family Residence
Built in 1968
2.33 Acres Lot
$834,700 Zestimate®
$290/sqft
$1,972 Estimated rent
Home value
$834,700
$785,000 - $885,000
$1,972/mo
Zestimate® history
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$4,913/mo
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Zillow last checked:
Listing updated:
Listed by:
David R Knight,
KW Mountains to Sound Realty
Bought with:
David R Knight, 12857
KW Mountains to Sound Realty
Source: NWMLS as distributed by MLS GRID,MLS#: 2178608
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 1
Bedroom
- Level: Main
Bathroom full
- Level: Main
Entry hall
- Level: Main
Heating
- Forced Air, Electric
Appliances
- Included: Water Heater: Electric, Water Heater Location: Basement
Features
- Flooring: See Remarks
- Basement: Bath/Stubbed,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 2,760
- Total interior livable area: 2,760 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached Garage
- Attached garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Entry location: Main
- Patio & porch: Water Heater
- Has view: Yes
- View description: Territorial
Lot
- Size: 2.33 Acres
- Features: Dead End Street, Paved, Secluded, Value In Land, Cable TV, Fenced-Partially, Gas Available
- Topography: Level
- Residential vegetation: Brush
Details
- Parcel number: 6143600617
- Zoning description: RS9.6,Jurisdiction: City
- Other equipment: Leased Equipment: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional,2 Story
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Fixer
- Year built: 1968
Utilities & green energy
- Electric: Company: PSE
- Sewer: Available, Septic Tank, Company: Lakehaven
- Water: Public, Company: Lakehaven
- Utilities for property: Xfinity
Community & HOA
Community
- Subdivision: North Lake
Location
- Region: Auburn
Financial & listing details
- Price per square foot: $290/sqft
- Tax assessed value: $737,000
- Annual tax amount: $6,876
- Date on market: 11/7/2023
- Cumulative days on market: 987 days
- Inclusions: LeasedEquipment
Price history
| Date | Event | Price |
|---|---|---|
| 9/29/2023 | Sold | $800,000+33.3%$290/sqft |
Source:  NWMLS as distributed by MLS GRID #2178608 Report a problem | ||
| 7/20/2006 | Sold | $600,000+160.9%$217/sqft |
Source: Public Record Report a problem | ||
| 2/23/1994 | Sold | $230,000$83/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,502 +5.7% | $737,000 +3.1% |
| 2024 | $7,094 -0.1% | $715,000 +9.7% |
| 2023 | $7,105 +3.3% | $652,000 -7.3% |
| 2022 | $6,876 +7.4% | $703,000 +23.8% |
| 2021 | $6,405 +11.1% | $568,000 +18.6% |
| 2020 | $5,764 +4.7% | $479,000 +3.7% |
| 2019 | $5,503 +9.4% | $462,000 +5.7% |
| 2018 | $5,029 -28% | $437,000 -11.4% |
| 2017 | $6,981 +16.9% | $493,000 +17.1% |
| 2016 | $5,973 | $421,000 +1.4% |
| 2015 | $5,973 | $415,000 +0.5% |
| 2014 | $5,973 | $413,000 +21.1% |
| 2013 | $5,973 | $341,000 +17.2% |
| 2012 | -- | $291,000 +0.3% |
| 2011 | -- | $290,000 -7.1% |
| 2010 | -- | $312,000 |
| 2009 | -- | $312,000 -3.7% |
| 2007 | -- | $324,000 -3.9% |
| 2006 | -- | $337,000 +6% |
| 2005 | -- | $318,000 +23.3% |
| 2001 | $3,524 -1.7% | $258,000 +1.2% |
| 2000 | $3,587 | $255,000 |
Find assessor info on the county website
Neighborhood: 98001
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Nearby schools
GreatSchools rating
- 4/10Lake Dolloff Elementary SchoolGrades: PK-5Distance: 1.7 mi
- 4/10Sequoyah Middle SchoolGrades: 6-8Distance: 1.8 mi
- 3/10Todd Beamer High SchoolGrades: 9-12Distance: 2.3 mi
Schools provided by the listing agent
- Elementary: Lake Dolloff Elem
- Middle: Sequoyah Mid Sch
- High: Todd Beamer High
Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$834,700
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$834,700
- Washington
- King County
- Federal Way
- 98001
- 33222 38th Avenue S
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