OFF MARKET

Off market feb 2004 for $215K

$555,642

Est. refi paymentEst. refi $1,404/mo

•

2 ba

•

1,460

sq ft

1032 SW 348th Pl, Federal Way, WA 98023

About this home

1032 SW 348th Pl is a 1,460 square foot house on a 6,000 square foot lot with 3 bedrooms and 2 bathrooms. - it last sold on February 20, 2004 for $215,000. Based on Redfin's Federal Way data, we estimate the home's value is $555,642.

Single-familyProperty Type

1989Year Built

6,000 sq ftLot Size

$381Est. Price/Sq.Ft.

Source:Public Records

Redfin Estimate

$555,642

$341K since sold in February 2004$5,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 1.2% lower than the average sale price ($563K) of 6 comparable homes.

SOLD OCT 19, 2026
$565,000
A
3 beds2 baths1,450 sq ft
1341 SW 348th St, Federal Way, WA 98023
Listing provided by nwmls
SOLD JUN 10, 2026
$542,000
B
3 beds2 baths1,460 sq ft
34806 10th Pl SW, 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 JUL 30, 2026
$550,000
E
3 beds2 baths1,200 sq ft
1010 SW 348th Pl, Federal Way, WA 98023
Listing provided by nwmls
SOLD SEP 1, 2026
$570,000
F
3 beds2 baths1,790 sq ft
34504 8th Ave SW, Federal Way, WA 98023
Listing provided by nwmls

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Earn from this home

Sell

$452,975

Est. take-home

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Refinance

Est. cash available

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Rent

$2,842/mo

Redfin rental estimate

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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

New listings for sale

$675,000
3 beds2.5 baths2,010 sq ft
4123 SW 322nd St, Federal Way, WA 98023
Mary King • Berkshire Hathaway HS NW
OPEN SAT, 10AM TO 12PM
$498,500
3 beds2 baths940 sq ft
33215 36th Ave SW, Federal Way, WA 98023
Jan Lewis • Windermere Real Estate/East
$789,360
2 beds2 baths1,420 sq ft
31204 8th Ave SW, Federal Way, WA 98023
Hao Sun • John L. Scott, Inc.
OPEN SAT, 10AM TO 1PM
$625,000
3 beds3 baths1,820 sq ft
4232 SW 328th Ct, Federal Way, WA 98023
Irina Stoyan • Skyline Properties, Inc.
FOR SALE BY OWNER
$649,000
4 beds2 baths1,760 sq ft
35803 18th Ave SW, Federal Way, WA 98023
$648,000
4 beds2.5 baths2,383 sq ft
34113 13th Pl SW, Federal Way, WA 98023
Agnes Chan Low • Prime Metropolis Properties
$600,000
4 beds2.5 baths2,220 sq ft
2232 SW 307th St, Federal Way, WA 98023
Teddy Atterbury • Windermere Real Estate/HLC
3D WALKTHROUGH
$339,950
2 beds2 baths1,056 sq ft
31500 33rd Pl SW Unit V102, Federal Way, WA 98023
Laura Sinclair • eXp Realty
LISTED BY REDFIN
$625,000
4 beds2.5 baths1,950 sq ft
35111 13th Pl SW, Federal Way, WA 98023
Redfin
$549,999
3 beds2 baths1,450 sq ft
33417 40th Ave SW, Federal Way, WA 98023
Krystal Phy • Century 21 Blue Chip
See all

Provided by Redfin

Sale history for 1032 SW 348th Pl

Year

Property tax

Land + Additions

Assessment*

2026

$5,588 (+6.4%)

$163,000 + $381,000

$544,000

2025

$5,250 (+0.6%)

$163,000 + $381,000

$544,000

2024

$5,220 (+3.2%)

$157,000 + $367,000

$524,000

2023

$5,057 (+8.3%)

$131,000 + $343,000

$474,000

2022

$4,670 (+21.6%)

$145,000 + $367,000

$512,000

2021

$3,842 (+3.1%)

$127,000 + $283,000

$410,000

2020

$3,727 (+8.1%)

$84,000 + $231,000

$315,000

2019

$3,449 (−8.8%)

$84,000 + $213,000

$297,000

2018

$3,784 (+10.3%)

$84,000 + $213,000

$297,000

2017

$3,431 (+3.0%)

$77,000 + $187,000

$264,000

2016

$3,330 (+7.7%)

$70,000 + $169,000

$239,000

2015

$3,093 (+8.8%)

$67,000 + $155,000

$222,000

2014

$2,842 (−3.5%)

$67,000 + $144,000

$211,000

2013

$2,944 (+6.7%)

$63,000 + $112,000

$175,000

2012

$2,758 (−2.2%)

$63,000 + $114,000

$177,000

2011

$2,820

$71,000 + $143,000

$214,000

2010

$2,818 (−4.4%)

$71,000 + $150,000

$221,000

2009

$2,949

$71,000 + $195,000

$266,000

Tax history for 1032 SW 348th Pl

Year

Property tax

Land + Additions

Assessment*

2026

$5,588 (+6.4%)

$163,000 + $381,000

$544,000

2025

$5,250 (+0.6%)

$163,000 + $381,000

$544,000

2024

$5,220 (+3.2%)

$157,000 + $367,000

$524,000

2023

$5,057 (+8.3%)

$131,000 + $343,000

$474,000

2022

$4,670 (+21.6%)

$145,000 + $367,000

$512,000

2021

$3,842 (+3.1%)

$127,000 + $283,000

$410,000

2020

$3,727 (+8.1%)

$84,000 + $231,000

$315,000

2019

$3,449 (−8.8%)

$84,000 + $213,000

$297,000

2018

$3,784 (+10.3%)

$84,000 + $213,000

$297,000

2017

$3,431 (+3.0%)

$77,000 + $187,000

$264,000

2016

$3,330 (+7.7%)

$70,000 + $169,000

$239,000

2015

$3,093 (+8.8%)

$67,000 + $155,000

$222,000

2014

$2,842 (−3.5%)

$67,000 + $144,000

$211,000

2013

$2,944 (+6.7%)

$63,000 + $112,000

$175,000

2012

$2,758 (−2.2%)

$63,000 + $114,000

$177,000

2011

$2,820

$71,000 + $143,000

$214,000

2010

$2,818 (−4.4%)

$71,000 + $150,000

$221,000

2009

$2,949

$71,000 + $195,000

$266,000

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Property details

Interior

Bathroom Information
# of Full Baths: 2

Heating & Cooling
Heating Fuel Type: Gas
Heating Type: Forced Air

Fireplace Information
# of Fireplaces: 1
Has Fireplace

Exterior

Exterior Information
Physical Condition: Average
Building Construction Quality: Average
Building Type: Single Family

Property Information
Subdivision Name: MEADOWPARK DIV 01
Living Sq. Ft: 1,460
Ground Floor Sq. Ft: 1,460
Building Sq. Ft: 1,860
# of Stories: 1
Legal Description: MEADOWPARK DIV NO. 01 PLAT BLOCK: PLAT LOT: 84

Parking & Garage Information
Parking Type: Attached Garage
Garage/Parking Sq. Ft: 400
Garage / Carport Type: Attached

Lot Information
# of Buildings: 1
Land Sq. Ft: 6,000
Legal Lot Number: 84
School Tax District: FEDERAL WAY #210
Municipality Name: FEDERAL WAY
Acres: 0.1377
Zoning Code: RS7.2
County Use Description: SINGLE FAMILY(RES USE/ZONE)

Utility Information
Sewer Type: Public
Water Service Type: Public

Financial

Assessor Information
Assessment Year: 2025

Public facts

Beds: 3
Baths: 2.0
Sq. Ft.: 1,460
Stories: 1.0
Lot Size: 6,000 square feet
Style: Single Family Residential
Year Built: 1989
Year Renovated: —
County: King County
APN: 542242 0840

Home facts updated by county records on Sep 5, 2026

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

Lifestyle

Provided by Walk Score and Local Logic

Local insights from Redfin agents

Federal Way buyers should compare lot sizes, views, and shopping access in Twin Lakes, Marine Hills, and Dash Point. Sellers should highlight their home’s strengths and price against nearby comparable sales. Explore Dash Point State Park and Dumas...
7 days ago • Federal Way
Shauna Rumel
Redfin agent
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Situated right along the Puget Sound, Federal Way is best known for its blend of natural beauty, fun attractions, and rich local culture! Locals love it for its vibrant dining scene and convenient location right between Seattle and Tacoma!
2 weeks ago • Federal Way
Andrew Maglalang-Weakley
Redfin Premier agent • Listing Agent
468 deals
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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

In this area, properties receive around 8.9 hours in June and 1.7 hours in December, placing it below the U.S. average for solar exposure.

8.9 hrs

1.7 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$528,000 – $639,000

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Built 1993 • Listed 2 days

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34113 13th Pl SW, Federal Way, WA 98023

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Home values near 1032 SW 348th Pl

Data from public records.

Address	Redfin Estimate
1020 Southwest 348th Pl, Federal Way, WA 3 Beds \| 3 Baths \| 1610 Sq. Ft.	$577,893
1027 Southwest 348th Pl, Federal Way, WA 3 Beds \| 2.5 Baths \| 1740 Sq. Ft.	$660,266

Address	Redfin Estimate
1014 Southwest 348th Pl, Federal Way, WA 3 Beds \| 2 Baths \| 1460 Sq. Ft.	$535,103
1015 Southwest 348th Pl, Federal Way, WA 3 Beds \| 2.5 Baths \| 1910 Sq. Ft.	$645,683

Address	Redfin Estimate
1023 Southwest 348th Pl, Federal Way, WA 3 Beds \| 2.5 Baths \| 1760 Sq. Ft.	$602,677
1112 Southwest 348th Pl, Federal Way, WA 4 Beds \| 2.5 Baths \| 1770 Sq. Ft.	$627,268

Property information provided by undefined .

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About this home

Redfin Estimate

Earn from this home

Market trends in 98023, WA

Sale history for 1032 SW 348th Pl

Tax history for 1032 SW 348th Pl

Property details

Around this home

Schools

Lifestyle

Local insights from Redfin agents

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 98023

Home values near 1032 SW 348th Pl

More real estate resources