Listed by Don Leske • Elite RE Professionals LLC. Bought with Coldwell Banker Danforth.

Off market oct 2004 for $259K

$623,839

Est. refi paymentEst. refi $1,692/mo

•

1,870

sq ft

1319 348th St SW, Federal Way, WA 98023

About this home

Excellent location & just minutes from I-5! This beautiful 2-story is a must see! Cedar roof, siding & brick accents give this home charm, plus nicely landscaped corner lot has fully fenced backyard w/large BBQ deck &hot tub w/privacy screen. Large open foyer w/wood floors to greet you, vaulted living & dining room for that spacious, open feeling. 3 bedrooms upstairs plus 4th bedroom or den/office on main level. Kitchen w/breakfast nook w/glass slider that opens to deck, lg fam rm w/wood FP.

Single-familyProperty Type

1989Year Built

6,754 sq ftLot Size

$334Est. Price/Sq.Ft.

2 car garageParking

Listed by Don Leske • Elite RE Professionals LLC

Bought with • Coldwell Banker Danforth

Redfin checked: 2 minutes ago

•Source:NWMLS as Distributed by MLS Grid #24128550

Redfin Estimate

$623,839

$365K since sold in October 2004$1,000 since September

Recently sold homes
Estimate history

This home's estimate is 2.1% higher than the average sale price ($611K) of 6 comparable homes.

SOLD FEB 19, 2026
$625,000
A
4 beds2.5 baths1,700 sq ft
1027 SW 352nd St, Federal Way, WA 98023
Listing provided by nwmls
SOLD OCT 19, 2026
$565,000
B
3 beds2 baths1,450 sq ft
1341 SW 348th St, Federal Way, WA 98023
Listing provided by nwmls
SOLD OCT 16, 2026
$665,000
C
4 beds2.5 baths2,120 sq ft
1952 SW 352nd St, Federal Way, WA 98023
Listing provided by nwmls
SOLD AUG 28, 2026
$587,500
D
3 beds2 baths1,340 sq ft
1430 SW 352nd Ct, Federal Way, WA 98023
Listing provided by nwmls
SOLD APR 22, 2026
$630,000
E
3 beds2.5 baths1,740 sq ft
1027 SW 348th Pl, Federal Way, WA 98023
Listing provided by nwmls
SOLD FEB 12, 2026
$592,500
F
4 beds2.5 baths1,940 sq ft
1211 SW 346th St, Federal Way, WA 98023
Listing provided by nwmls

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$497,303

Est. take-home

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Est. cash available

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Rent

$3,019/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

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$649,999
3 beds2 baths1,720 sq ft
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Alex Kondratyuk • Realty One Group Pacifica
3D WALKTHROUGH
$310,000
2 beds1 bath990 sq ft
31500 33rd Pl SW Unit J101, Federal Way, WA 98023
Janice Hussey • Simply Sound Homes
NEW
$555,000
2 beds2 baths1,670 sq ft
31867 48th Cir SW Unit 14A, Federal Way, WA 98023
Ramona Jones • Realogics Sotheby's Int'l Rlty
OPEN SAT, 11AM TO 2PM
$495,000
4 beds3 baths2,000 sq ft
31711 25th Ave SW, Federal Way, WA 98023
Lori DeVore • Realogics Sotheby's Int'l Rlty
OPEN TODAY, 4PM TO 6PM
$725,000
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181 SW 311th Pl, Federal Way, WA 98023
Michelle Le • Real Broker LLC
$139,000
1 bed1 bath593 sq ft
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Jessica Vianez • Theory Real Estate
$600,000
4 beds2 baths1,860 sq ft
34701 31st Pl SW, Federal Way, WA 98023
Felicia Mackey • Berkshire Hathaway HS NW
$1,080,000
3 beds2.5 baths2,630 sq ft
31107 50th Pl SW, Federal Way, WA 98023
Chanel Drago • COMPASS
$575,000
3 beds2.5 baths1,520 sq ft
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Shafiq Daqeeq • Berkshire Hathaway HS NW
OPEN SAT, 3PM TO 5PM
$950,000
4 beds2.5 baths2,660 sq ft
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Serg Lobodzinskiy • Skyline Properties, Inc.
See all

Provided by Redfin

Sale history for 1319 348th St SW

Year

Property tax

Land + Additions

Assessment*

2026

$6,030 (+6.5%)

$163,000 + $425,000

$588,000

2025

$5,661 (+0.7%)

$163,000 + $425,000

$588,000

2024

$5,622 (+3.4%)

$157,000 + $409,000

$566,000

2023

$5,438 (+8.3%)

$131,000 + $381,000

$512,000

2022

$5,021 (+18.4%)

$145,000 + $407,000

$552,000

2021

$4,240 (+2.8%)

$127,000 + $315,000

$442,000

2020

$4,124 (+7.9%)

$84,000 + $265,000

$349,000

2019

$3,820 (−8.8%)

$84,000 + $246,000

$330,000

2018

$4,188 (+10.4%)

$84,000 + $246,000

$330,000

2017

$3,793 (+3.1%)

$77,000 + $216,000

$293,000

2016

$3,679 (+7.6%)

$70,000 + $195,000

$265,000

2015

$3,420 (+8.8%)

$67,000 + $179,000

$246,000

2014

$3,142 (−3.3%)

$67,000 + $167,000

$234,000

2013

$3,250 (+6.8%)

$63,000 + $131,000

$194,000

2012

$3,044 (−4.6%)

$63,000 + $133,000

$196,000

2011

$3,190

$71,000 + $172,000

$243,000

2010

$3,189 (−4.4%)

$71,000 + $180,000

$251,000

2009

$3,336

$71,000 + $231,000

$302,000

Tax history for 1319 348th St SW

Year

Property tax

Land + Additions

Assessment*

2026

$6,030 (+6.5%)

$163,000 + $425,000

$588,000

2025

$5,661 (+0.7%)

$163,000 + $425,000

$588,000

2024

$5,622 (+3.4%)

$157,000 + $409,000

$566,000

2023

$5,438 (+8.3%)

$131,000 + $381,000

$512,000

2022

$5,021 (+18.4%)

$145,000 + $407,000

$552,000

2021

$4,240 (+2.8%)

$127,000 + $315,000

$442,000

2020

$4,124 (+7.9%)

$84,000 + $265,000

$349,000

2019

$3,820 (−8.8%)

$84,000 + $246,000

$330,000

2018

$4,188 (+10.4%)

$84,000 + $246,000

$330,000

2017

$3,793 (+3.1%)

$77,000 + $216,000

$293,000

2016

$3,679 (+7.6%)

$70,000 + $195,000

$265,000

2015

$3,420 (+8.8%)

$67,000 + $179,000

$246,000

2014

$3,142 (−3.3%)

$67,000 + $167,000

$234,000

2013

$3,250 (+6.8%)

$63,000 + $131,000

$194,000

2012

$3,044 (−4.6%)

$63,000 + $133,000

$196,000

2011

$3,190

$71,000 + $172,000

$243,000

2010

$3,189 (−4.4%)

$71,000 + $180,000

$251,000

2009

$3,336

$71,000 + $231,000

$302,000

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

Public record

Beds

Baths

2.25

Stories

Lot width

—

Lot depth

—

Lot size

6,754

Year renovated

—

Sq. Ft.

1,870

Year built

1989

Style

Single Family Residential

County

King County

APN

542242 0480

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jan 29, 2025.

Property details

Parking

Parking Information
Covered Spaces: 2
Garage Spaces: 2
Has Attached Garage
Has Garage

Interior

Bedroom Information
# of Bedrooms: 4
# of Beds Upper: 3
# of Bedrooms Main: 1
Bedrooms Possible: 4

Bathroom Information
# of Full Baths (Total): 1
# of Three Quarter Baths (Total): 1
# of Half Baths (Total): 1
# of Full Baths (Upper): 1
# of Half Baths (Main): 1
# of Three Quarter Baths (Upper): 1

Room 1 Information
Room Type: Kitchen With Eating Space
Room Level: Main

Room 2 Information
Room Type: Family Room
Room Level: Main

Room 3 Information
Room Type: Primary Bedroom
Room Level: Upper

Room 4 Information
Room Type: Bathroom Full
Room Level: Upper

Room 5 Information
Room Type: Living Room
Room Level: Main

Room 6 Information
Room Type: Bedroom
Room Level: Main

Room 7 Information
Room Type: Dining Room
Room Level: Main

Room 8 Information
Room Type: Utility Room
Room Level: Main

Room 9 Information
Room Type: Bedroom
Room Level: Upper

Room 10 Information
Room Type: Bathroom Three Quarter
Room Level: Upper

Room 11 Information
Room Type: Den/Office
Room Level: Main

Room 12 Information
Room Type: Entry Hall
Room Level: Main

Room 13 Information
Room Type: Bedroom
Room Level: Upper

Room 14 Information
Room Type: Bathroom Half
Room Level: Main

Basement Information
Basement Features: None

Fireplace Information
Has Fireplace
# of Fireplaces: 1
# of Fireplaces Main: 1

Interior Features
Interior Features: Forced Air, Hardwood, Wall to Wall Carpet, Dining Room, Skylight(s), Vaulted Ceiling(s), Walk-in Closet(s), Fireplace, Water Heater
Flooring: Hardwood, Vinyl, Carpet
Appliances Included: Dishwasher,Garbage Disposal,Microwave,Range/Oven

Exterior

Building Information
Building Information: Built On Lot
Roof: Cedar Shake

Exterior Features
Exterior Features: Wood

Pool Information
Has Spa

Property Information
Sq. Ft. Finished: 1,870
Style Code: 12 - 2 Story
Property Type: Residential
Property Sub Type: Single Family Residence
Property Condition: Good

Lot Information
Site Features: Cable TV,Deck,Fenced-Partially,Hot Tub/Spa,Sprinkler System
Lot Features: Corner Lot, Curbs, Paved, Sidewalk
Lot Size Units: Square Feet
Lot Size Acres: 0.1551
Elevation Units: Feet

Financial

Tax Information
Tax Annual Amount: $2,613
Tax Year: 2004

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

Utilities

Utility Information
Water Source: Public
Water Company: Lake Haven
Power Company: PSE
Sewer: Sewer Connected
Sewer Company: Lake Haven
Utilities: Cable Connected, Sewer Connected, Electric, Natural Gas Connected, Wood
Water Heater Location: gas/garage
Water Heater Type: gas/garage

Location

Multi-Unit Information
Furnished: Unfurnished

HOA Information
Association Fee: $12
Association Fee Frequency: Monthly

School Information
High School District: Federal Way

Location Information
Bus Line Nearby: true
Directions: From 21st, go E on 348th, L on 14th Pl SW, R back on 348th Sy SW to home on R
Topography: Level

Community Information
Senior Exemption: false

Public facts

Beds: 4
Baths: 2.25
Sq. Ft.: 1,870
Stories: 2.0
Parking Spaces: —
Basement: No
Accessible: No
Lot Size: 6,754 square feet
Style: Single Family Residential
Year Built: 1989
Year Renovated: —
County: King County
APN: 542242 0480
HOA Dues: —
Garage: —
Features: —

Home facts updated by owner on Jan 29, 2025

Other

Listing Information
Mls Status: Sold

Listing Date Information
On Market Date: Tuesday, September 14, 2004

Green Information
Power Production Type: Electric, Natural Gas, Wood

Home Information
Living Area: 1,870
Living Area Units: Square Feet
Calculated Square Footage: 1870
MLS Square Footage Source: KCR
Building Area Total: 1870
Building Area Units: Square Feet
Foundation Details: Poured Concrete
Building Name: Meadow Park Div #1
Structure Type: House
Levels: Two
Entry Location: Main

Around this home

Schools

Sherwood Forest Elementary School

Public PreK-5 • Assigned • 0.2mi

5/10

Illahee Middle School

Public 5-8 • Assigned • 1.1mi

4/10

Todd Beamer High School

Public 9-12 • Assigned • 1.9mi

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...
2 days ago • Federal Way
Shauna Rumel
Redfin agent
Was this helpful?
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!
7 days 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

6/10 Air Factor

8 unhealthy days expected this year, 9 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

$593,000 – $718,000

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New listings for sale in 98023

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