SOLD APR 22, 2026

Listed by Estephany Lagmay • Best Choice Network. Bought with John L. Scott, Inc.

Sold on apr 2026

$630,000

•

1,740

sq ft

1027 SW 348th Pl, Federal Way, WA 98023

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About this home

In the heart of Federal Way, this inviting home offers the perfect balance of comfort and convenience. Located just minutes from major commuting routes including Interstate 5 and State Route 18, residents enjoy seamless access to Seattle, Tacoma, and surrounding employment hubs. Everyday essentials are just around the corner with a variety of grocery options nearby, including Trader Joe's, Safeway, WinCo Foods, and H Mart, offering everything from fresh produce to international specialties. Dining and casual eateries are plentiful within minutes, creating a vibrant local lifestyle with convenient takeout and sit-down options close to home. The property is also just a short drive to major retail and entertainment destinations like The Commons at Federal Way, providing a wide selection of shopping, dining, and services. Set in an established neighborhood, this home combines suburban tranquility with unbeatable proximity to daily conveniences, spacious front and back yard; making it an excellent choice for commuters and those seeking easy access to everything Federal Way has to offer.

Single-familyProperty Type

1989Year Built

7,397 sq ftLot Size

$362Price/Sq.Ft.

$17/moHOA Dues

4 spacesParking

Listed by Estephany Lagmay • Best Choice Network

Bought with Alice Nguyen • John L. Scott, Inc

Redfin checked: a minute ago

•Source:NWMLS as Distributed by MLS Grid #2501485

Redfin Estimate

$660,787

$31K since sold in April 2026$1,000 since September

Recently sold homes
Estimate history

This home's estimate is 17.4% higher than the average sale price ($563K) of 6 comparable homes.

SOLD SEP 1, 2026
$570,000
A
3 beds2 baths1,790 sq ft
34504 8th Ave SW, Federal Way, WA 98023
Listing provided by nwmls
SOLD APR 3, 2026
$567,000
B
3 beds2.5 baths1,790 sq ft
1223 SW 353rd St, Federal Way, WA 98023
Listing provided by nwmls
SOLD AUG 28, 2026
$587,500
C
3 beds2 baths1,340 sq ft
1430 SW 352nd Ct, Federal Way, WA 98023
Listing provided by nwmls
SOLD AUG 17, 2026
$561,000
D
3 beds2.5 baths1,350 sq ft
34610 14th Pl SW, Federal Way, WA 98023
Listing provided by nwmls
SOLD JUN 10, 2026
$542,000
E
3 beds2 baths1,460 sq ft
34806 10th Pl SW, Federal Way, WA 98023
Listing provided by nwmls
SOLD JUL 30, 2026
$550,000
F
3 beds2 baths1,200 sq ft
1010 SW 348th Pl, Federal Way, WA 98023
Listing provided by nwmls

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Market trends in 98023, WA

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

99.2%

0.1% MoM

Median sale price

$625K

$4K MoM

Avg. days on market

24d

6 days MoM

Recently sold homes

130

4 MoM

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Jonathan Byrd • Keller Williams Eastside
$875,000
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Jay Won • WeLakeside
LISTED BY REDFIN
$495,000
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Redfin
$510,000
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Majsan Champagne • Real Broker LLC
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Provided by Redfin

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Rental estimate

Est. $3,115 per month, based on comparable rentals

Sale and tax history for 1027 SW 348th Pl

Sale History
Tax History

Year

Property tax

Land + Additions

Assessment*

2026

$5,974 (+6.6%)

$163,000 + $419,000

$582,000

2025

$5,606 (+0.7%)

$163,000 + $419,000

$582,000

2024

$5,569 (+3.3%)

$157,000 + $403,000

$560,000

2023

$5,390 (+8.3%)

$131,000 + $376,000

$507,000

2022

$4,977 (+6.3%)

$145,000 + $402,000

$547,000

2021

$4,684 (+2.8%)

$127,000 + $311,000

$438,000

2020

$4,555 (+8.1%)

$84,000 + $303,000

$387,000

2019

$4,214 (−8.8%)

$84,000 + $281,000

$365,000

2018

$4,620 (+10.5%)

$84,000 + $281,000

$365,000

2017

$4,183 (+3.1%)

$77,000 + $247,000

$324,000

2016

$4,057 (+7.9%)

$70,000 + $223,000

$293,000

2015

$3,761 (+22.2%)

$67,000 + $205,000

$272,000

2014

$3,079 (−3.4%)

$67,000 + $191,000

$258,000

2013

$3,186 (+6.6%)

$63,000 + $127,000

$190,000

2012

$2,990 (−3.6%)

$63,000 + $129,000

$192,000

2011

$3,101 (+0.4%)

$71,000 + $165,000

$236,000

2010

$3,090 (−4.3%)

$71,000 + $172,000

$243,000

2009

$3,229

$71,000 + $221,000

$292,000

Public record

Beds

Baths

2.5

Stories

Lot width

—

Lot depth

—

Lot size

7,397 Sq. Ft.

Year renovated

—

Sq. Ft.

1,740

Year built

1989

Style

Single Family Residential

County

King County

APN

542242 0770

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 5, 2026.

Property details

Parking

Parking Information
Parking Uncovered Total: 2
Covered Spaces: 2
Parking Features: Driveway, Attached Garage, Off Street
Has Attached Garage
Has Garage
Garage Square Feet: 570

Interior

Bedroom Information
# of Bedrooms: 3
# of Beds Upper: 3

Bathroom Information
# of Full Baths (Total): 2
# of Half Baths (Total): 1
# of Main Level Bathrooms (Total): 1
# of Full Baths (Upper): 2
# of Half Baths (Main): 1
# of Bathtubs: 1
# of Showers: 2

Room 1 Information
Room Type: Living Room
Room Level: Main

Room 2 Information
Room Type: Bathroom Half
Room Level: Main

Room 3 Information
Room Type: Dining Room
Room Level: Main

Room 4 Information
Room Type: Kitchen With Eating Space
Room Level: Main

Room 5 Information
Room Type: Rec Room
Room Level: Main

Room 6 Information
Room Type: Primary Bedroom
Room Level: Second

Room 7 Information
Room Type: Bedroom
Room Level: Second

Room 8 Information
Room Type: Bedroom
Room Level: Second

Room 9 Information
Room Type: Bathroom Full
Room Level: Second

Room 10 Information
Room Type: Bathroom Full
Room Level: Second

Basement Information
Basement Features: None

Heating & Cooling
Has Heating
Heating Information: 90%+ High Efficiency, Forced Air, Heat Pump
Has Cooling
Cooling Information: 90%+ High Efficiency, Forced Air, Heat Pump

Interior Features
Interior Features: Dining Room, Security System, Walk-in Closet(s), Water Heater
Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer
Flooring: Engineered Hardwood, Carpet
Appliances Included: Dishwasher(s),Dryer(s),Garbage Disposal,Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)

Exterior

Building Information
Building Information: Built On Lot
Construction Materials: Cement Plank
Roof: Composition

Exterior Features
Exterior Features: Cement Planked

Property Information
Energy Source: Electric
Sq. Ft. Finished: 1,740
Style Code: 12 - 2 Story
Property Type: Residential
Property Sub Type: Single Family Residence
Zoning: RS7.2

Land Information
Vegetation: Garden Space

Lot Information
Lot Number: 77
MLS Lot Size Source: Public Records
Site Features: Cable TV,Dog Run,Fenced-Fully,High Speed Internet
Zoning Jurisdiction: County
Lot Features: Paved, Sidewalk
Lot Size Units: Square Feet
Lot Size Acres: 0.1698
Lot Size Dimensions: 7397
Elevation Units: Feet

Financial

Tax Information
Tax Annual Amount: $5,605.84
Tax Year: 2025

Financial Information
Listing Terms: Cash, Conventional, FHA, VA Loan
Buyer Financing: Conventional

Utilities

Utility Information
Water Source: Public
Water Company: Lake Haven Water & Sewer District
Power Company: PSE
Sewer: Available
Sewer Company: Lake Haven Water & Sewer District
Water Heater Location: Garage
Water Heater Type: Gas
Internet Connected: Xfinity

Location

HOA Information
Association Contact Name: Pam & Dave w/ Meadow Park
Has HOA
Association Fee: $200
Association Fee Frequency: Annually

School Information
High School District: Federal Way

Location Information
Bus Line Nearby: true
Directions: GPS works fine

Community Information
Senior Exemption: false

Public facts

Beds: 3
Baths: 2.5
Sq. Ft.: 1,740
Stories: 2.0
Lot Size: 7,397 square feet
Style: Single Family Residential
Year Built: 1989
Year Renovated: —
County: King County
APN: 542242 0770

Home facts updated by county records on Sep 5, 2026

Other

Listing Information
Buyer Brokerage Compensation: 2
Buyer Brokerage Compensation Type: %
Mls Status: Sold

Listing Date Information
Offers Review Date: Monday, April 6, 2026
On Market Date: Thursday, April 2, 2026

Green Information
Power Production Type: Electric

Home Information
Living Area: 1,740
Calculated Square Footage: 1740
MLS Square Footage Source: Public Records
Building Area Total: 1740
Building Area Units: Square Feet
Foundation Details: Poured Concrete
Building Name: Meadow Park Div No 01
Year Built Effective: 1989
Effective Year Built Source: Public Records
Structure Type: House
Levels: Two
Security Features: Fully Fenced, Security System

Around this home

Schools

Sherwood Forest Elementary School

Public PreK-5 • Assigned • 0.2mi

5/10

Illahee Middle School

Public 5-8 • Assigned • 1.0mi

4/10

Todd Beamer High School

Public 9-12 • Assigned • 1.8mi

3/10

Provided by GreatSchools

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 87° expected this year, 15 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

7/10 Air Factor

10 unhealthy days expected this year, 11 days in 30 years

Provided by First Street

Historical weather

Federal Way, WA • 98023

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

84/ 100

Very good sunlight

Sunscore

This home receives average direct sun exposure in Federal Way. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

10.4 hrs

5.3 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$628,000 – $760,000

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