Rockhood
$2,465,000Sold price· closed 2019-01-28
Sold

30853 14th Avenue S · Federal Way, WA 98003

Source: NWMLS · Savvy Lane Inc · Beata H. Miklos #NWM1371143

About this home

The Lake is a 16-unit apartment complex located in Federal Way, WA. Current ownership has spent nearly $200,000 in interior and exterior renovations in the past 12 months. The property offers a unique park-like setting with a large off-street courtyard. The asset is located about half a mile from the future location of the Federal Way Light Rail Station, giving an investor strong in place cash-flow with immediate and future upside in rents.

Location

Basics

Property type
Multi Family
Style
10+ Units
Stories
2 stories
Condition
Remodeled
Year built
1958
Building area
9,420 sq ft
Lot size
31,050 sq ft (0.71 acres)
County
King
MLS #
NWM1371143

Interior

Flooring
Hardwood, Vinyl
Interior features
Hardwood

Exterior & lot

Exterior features
Brick, Wood
Roof
Flat
Waterfront
No

Parking

Parking spaces
16
Covered spaces
16

Utilities

Water
Public
Sewer
Sewer Connected
Power
Electric

Community & fees

Subdivision
Federal Way
Property tax
$19,171 (2018)

Transaction

List price
$2,500,000 · sold 1.4% under list
Original list price
$2,600,000 (3.8% price cut)
Listed on
Oct 4, 2018
Days active
61
Listing terms
Conventional
Possession
Closing

More homes nearby

Sale history

Earlier listings of this home on the MLS.

2002-05-29
Sold$850,000

Schools

School district: Federal Way

High
Federal Way High School
SchoolDigger 1 star · Top 84% in WA

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Listing provided courtesy of: Savvy Lane Inc

Listing agent: Beata H. Miklos.

Based on information submitted to the MLS GRID as of —. 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. IDX information 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. Information is deemed reliable but not guaranteed.

Data last updated 2024-09-05.