OFF MARKET

Listed by Tony Marrese • Windermere Real Estate/East. Bought with Skyline Properties, Inc.

Off Market Jun 2016 for $261K

$518,619

Est. refi paymentEst. refi $1,984/mo

•

1,120

sq ft

2002 SW 348th St, Federal Way, WA 98023

About this home

Beautiful 1-story w/vaulted ceilings, laminate wood floors & neutral colors. Living rm w/bay window & gas fp. Open kitchen w/space for comfortable dining features full-size pantry, garden window & sliders to the impressive back yard. Master w/spacious closet, ceiling fan & en-suite bath. Enjoy Summer in the fully-fenced outdoor paradise w/sprawling multi-level deck, lush lawns, raised garden beds, hot tub & storage shed. 2-car garage, vinyl windows, 6-panel doors, venting skylight, RV parking.

Single-familyProperty Type

1985Year Built

6,740 sq ftLot Size

$463Est. Price/Sq.Ft.

2 car garageParking

Listed by Tony Marrese • Windermere Real Estate/East

Bought with Stephen Nop • Skyline Properties, Inc.

Redfin checked: 2 minutes ago

•Source:NWMLS as Distributed by MLS Grid #943832

Redfin Estimate

$518,619

$258K since sold in June 2016$1,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 6.4% lower than the average sale price ($554K) of 6 comparable homes.

BOUGHT WITH REDFIN MAR 20, 2026
$585,000
A
3 beds2 baths1,570 sq ft
1700 SW 348th St, Federal Way, WA 98023
SOLD MAR 25, 2026
$510,000
B
3 beds2 baths1,160 sq ft
1810 SW 355th Pl, Federal Way, WA 98023
SOLD SEP 8, 2025
$569,900
C
3 beds2 baths1,060 sq ft
1721 SW 348th St, Federal Way, WA 98023
SOLD FEB 6, 2026
$575,000
D
3 beds2 baths1,490 sq ft
2633 SW 351st Pl, Federal Way, WA 98023
SOLD JUN 10, 2026
$525,000
E
3 beds2 baths1,128 sq ft
3125 59th Ave NE, Tacoma, WA 98422
SOLD AUG 17, 2026
$561,000
F
3 beds2.5 baths1,350 sq ft
34610 14th Pl SW, Federal Way, WA 98023

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Earn from this home

Sell

$317,596

Est. take-home

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Refinance

Est. cash available

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Rent

$2,535/mo

Redfin rental estimate

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Market trends in 98023, WA

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

99.4%

0.8% MoM

Median sale price

$634K

$10K MoM

Avg. days on market

18d

8 days MoM

Recently sold homes

137

13 MoM

New listings for sale

OPEN SAT, 12PM TO 5PM
$1,249,000
3 beds2 baths1,862 sq ft
3136 SW 302nd Pl, Federal Way, WA 98023
Allen Uyeno • John L. Scott, Inc.
NEW 10 HRS AGO
$574,999
3 beds2 baths1,390 sq ft
157 SW 313th St, Federal Way, WA 98023
Norman Nguyen • John L. Scott, Inc
OPEN SAT, 1PM TO 3PM
$775,000
6 beds3 baths2,630 sq ft
32544 42nd Pl SW, Federal Way, WA 98023
Kent Beahler • HomeSmart Real Estate Assoc
OPEN SUN, 1PM TO 3PM
$1,650,000
3 beds2.5 baths2,640 sq ft
5112 SW 311th Pl, Federal Way, WA 98023
Mona Zhang • WeLakeside
OPEN SUN, 2AM TO 4PM
$649,000
4 beds2.5 baths2,160 sq ft
825 SW 361 St, Federal Way, WA 98023
Su Liew • Skyline Properties, Inc.
OPEN TODAY, 1PM TO 3:30PM
$977,700
4 beds2.5 baths2,697 sq ft
31222 22nd Ave SW, Federal Way, WA 98023
Serg Lobodzinskiy • Skyline Properties, Inc.
OPEN TODAY, 12:30PM TO 3PM
$619,950
4 beds2.5 baths2,619 sq ft
32125 27th Ave SW, Federal Way, WA 98023
Delinda Jokela • Renaissance Real Estate LLC
$549,000
3 beds1 bath1,250 sq ft
31444 51st Ave SW, Federal Way, WA 98023
Kelly Stewart • Emerald Real Estate Group Inc.
$669,900
4 beds2.5 baths2,120 sq ft
1952 SW 352nd St, Federal Way, WA 98023
Hee Jung Lee • Berkshire Hathaway HS NW
$750,000
4 beds2.5 baths2,710 sq ft
4639 SW 328TH Pl, Federal Way, WA 98023
Greg Church • eXp Realty
See all

Provided by Redfin

Sale history for 2002 SW 348th St

Date

Event

Price

Jun 30, 2016

Sold

Public Records

$261,000

$233/sq ft

Jun 30, 2016

Delisted

NWMLS as Distributed by MLS Grid #943832

—

Jun 30, 2016

Sold (MLS) (Sold)

NWMLS as Distributed by MLS Grid #943832

$261,000

$233/sq ft

May 21, 2016

Pending

NWMLS as Distributed by MLS Grid #943832

—

May 19, 2016

Listed (Active)

NWMLS as Distributed by MLS Grid #943832

$250,000

$223/sq ft

Aug 16, 2006

Sold (MLS) (Closed)

NWMLS as Distributed by MLS Grid #26098385

$275,000

$246/sq ft

Jul 21, 2006

Delisted

NWMLS as Distributed by MLS Grid #26098385

—

Jul 12, 2006

Price Changed

NWMLS as Distributed by MLS Grid #26098385

$279,900

$250/sq ft

Jun 19, 2006

Listed

NWMLS as Distributed by MLS Grid #26098385

$289,900

$259/sq ft

Jan 30, 1992

Sold

Public Records

$109,000

$97/sq ft

May 26, 1989

Sold

Public Records

$78,500

$70/sq ft

Aug 14, 1985

Sold

Public Records

$73,650

$66/sq ft

Nov 16, 1984

Sold

Public Records

$14,500

$13/sq ft

Year

Property tax

Land + Additions

Assessment*

2026

$4,855 (+6.5%)

$138,000 + $330,000

$468,000

2025

$4,560 (+0.9%)

$138,000 + $330,000

$468,000

2024

$4,521 (+3.4%)

$133,000 + $318,000

$451,000

2023

$4,372 (+8.4%)

$111,000 + $297,000

$408,000

2022

$4,033 (+23.4%)

$123,000 + $317,000

$440,000

2021

$3,269 (+3.2%)

$108,000 + $244,000

$352,000

2020

$3,168 (+8.0%)

$68,000 + $198,000

$266,000

2019

$2,932 (−8.7%)

$68,000 + $183,000

$251,000

2018

$3,213 (+10.2%)

$68,000 + $183,000

$251,000

2017

$2,915 (+2.8%)

$62,000 + $161,000

$223,000

2016

$2,835 (+7.4%)

$57,000 + $145,000

$202,000

2015

$2,639 (+8.5%)

$55,000 + $133,000

$188,000

2014

$2,433 (−3.6%)

$55,000 + $124,000

$179,000

2013

$2,524 (+6.2%)

$58,000 + $91,000

$149,000

2012

$2,377 (−1.4%)

$58,000 + $93,000

$151,000

2011

$2,411

$57,000 + $125,000

$182,000

2010

$2,410 (−4.3%)

$57,000 + $131,000

$188,000

2009

$2,519

$57,000 + $169,000

$226,000

Tax history for 2002 SW 348th St

Year

Property tax

Land + Additions

Assessment*

2026

$4,855 (+6.5%)

$138,000 + $330,000

$468,000

2025

$4,560 (+0.9%)

$138,000 + $330,000

$468,000

2024

$4,521 (+3.4%)

$133,000 + $318,000

$451,000

2023

$4,372 (+8.4%)

$111,000 + $297,000

$408,000

2022

$4,033 (+23.4%)

$123,000 + $317,000

$440,000

2021

$3,269 (+3.2%)

$108,000 + $244,000

$352,000

2020

$3,168 (+8.0%)

$68,000 + $198,000

$266,000

2019

$2,932 (−8.7%)

$68,000 + $183,000

$251,000

2018

$3,213 (+10.2%)

$68,000 + $183,000

$251,000

2017

$2,915 (+2.8%)

$62,000 + $161,000

$223,000

2016

$2,835 (+7.4%)

$57,000 + $145,000

$202,000

2015

$2,639 (+8.5%)

$55,000 + $133,000

$188,000

2014

$2,433 (−3.6%)

$55,000 + $124,000

$179,000

2013

$2,524 (+6.2%)

$58,000 + $91,000

$149,000

2012

$2,377 (−1.4%)

$58,000 + $93,000

$151,000

2011

$2,411

$57,000 + $125,000

$182,000

2010

$2,410 (−4.3%)

$57,000 + $131,000

$188,000

2009

$2,519

$57,000 + $169,000

$226,000

*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

Stories

Lot width

—

Lot depth

—

Lot size

6,740 Sq. Ft.

Year renovated

—

Sq. Ft.

1,120

Year built

1985

Style

Single Family Residential

County

King County

APN

542350 0060

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 5, 2026.

Property details

Parking

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

Interior

Virtual Tour

Bedroom Information
# of Bedrooms: 3
# of Bedrooms Main: 3
Bedrooms Possible: 3

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

Basement Information
Basement Features: None

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

Interior Features
Interior Features: Forced Air, Ceramic Tile, Hardwood, Ceiling Fan(s), Dining Room, Security System, Skylight(s), Vaulted Ceiling(s), Walk-in Closet(s), Fireplace, Water Heater
Appliances: Dryer, Washer
Flooring: Ceramic Tile, Hardwood, Vinyl
Appliances Included: Dishwasher,Dryer,Garbage Disposal,Microwave,Range/Oven,Refrigerator,Washer

Exterior

Building Information
Building Information: Built On Lot
Roof: Composition

Exterior Features
Exterior Features: Wood

Pool Information
Has Spa

Property Information
Sq. Ft. Finished: 1,120
Style Code: 10 - 1 Story
Property Type: Residential
Property Sub Type: Single Family Residence

Land Information
Vegetation: Garden Space

Lot Information
MLS Lot Size Source: KCR
Site Features: Cable TV,Deck,Fenced-Fully,Hot Tub/Spa,Outbuildings,RV Parking
Lot Features: Paved, Sidewalk
Lot Size Units: Square Feet
Lot Size Acres: 0.1547
Elevation Units: Feet

Financial

Tax Information
Tax Annual Amount: $2,836
Tax Year: 2016

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

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
Water Heater Location: Garage
Water Heater Type: Gas

Location

Multi-Unit Information
Furnished: Unfurnished

HOA Information
Association Fee Frequency: Monthly

School Information
Elementary School: Sherwood Forest Elem
Middle Or Junior High School: Illahee Jnr High
High School: Todd Beamer High
High School District: Federal Way

Location Information
Bus Line Nearby: true
Directions: From I5: take Exit 142B (WA-18 W) towards S 348th St, west on S 348th St, left on Pacific Hwy S, right on S 356th St, right on 21st Ave SW, right on SW 348th St, home on left.
Topography: Level

Community Information
Senior Exemption: false

Public facts

Beds: 3
Baths: 2.0
Sq. Ft.: 1,120
Stories: 1.0
Lot Size: 6,740 square feet
Style: Single Family Residential
Year Built: 1985
Year Renovated: —
County: King County
APN: 542350 0060

Home facts updated by county records on Sep 5, 2026

Other

Listing Information
Mls Status: Sold

Listing Date Information
On Market Date: Thursday, May 19, 2016

Green Information
Power Production Type: Electric, Natural Gas

Home Information
Living Area: 1,120
Living Area Units: Square Feet
Calculated Square Footage: 1120
MLS Square Footage Source: KCR
Building Area Total: 1120
Building Area Units: Square Feet
Foundation Details: Poured Concrete
Building Name: The Meadows of Panther Lake
Structure Type: House
Levels: One
Entry Location: Main

Around this home

Schools

Sherwood Forest Elementary School

Public PreK-5 • Assigned • 0.5mi

5/10

Illahee Middle School

Public 5-8 • Assigned • 1.4mi

4/10

Todd Beamer High School

Public 9-12 • Assigned • 2.2mi

3/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

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

$493,000 – $597,000

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New listings for sale in 98023

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3136 SW 302nd Pl, Federal Way, WA 98023

Allen Uyeno • John L. Scott, Inc.

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OPEN SAT, 1PM TO 3PM

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32544 42nd Pl SW, Federal Way, WA 98023

Kent Beahler • HomeSmart Real Estate Assoc

OPEN SUN, 1PM TO 3PM

$1,650,000

3 beds2.5 baths2,640 sq ft

5112 SW 311th Pl, Federal Way, WA 98023

Mona Zhang • WeLakeside

OPEN SUN, 2AM TO 4PM

$649,000

4 beds2.5 baths2,160 sq ft

825 SW 361 St, Federal Way, WA 98023

Su Liew • Skyline Properties, Inc.

OPEN TODAY, 1PM TO 3:30PM

$977,700

4 beds2.5 baths2,697 sq ft

31222 22nd Ave SW, Federal Way, WA 98023

Serg Lobodzinskiy • Skyline Properties, Inc.

OPEN TODAY, 12:30PM TO 3PM

$619,950

4 beds2.5 baths2,619 sq ft

32125 27th Ave SW, Federal Way, WA 98023

Delinda Jokela • Renaissance Real Estate LLC

$549,000

3 beds1 bath1,250 sq ft

31444 51st Ave SW, Federal Way, WA 98023

Kelly Stewart • Emerald Real Estate Group Inc.

$669,900

4 beds2.5 baths2,120 sq ft

1952 SW 352nd St, Federal Way, WA 98023

Hee Jung Lee • Berkshire Hathaway HS NW

Home values near 2002 SW 348th St

Data from public records.

Address	Redfin Estimate
2032 Southwest 348th St, Federal Way, WA 3 Beds \| 2 Baths \| 1970 Sq. Ft.	$402,654
1826 Southwest 348th St, Federal Way, WA 3 Beds \| 1 Baths \| 1080 Sq. Ft.	$535,377

Address	Redfin Estimate
2026 Southwest 348th St, Federal Way, WA 3 Beds \| 2.5 Baths \| 1611 Sq. Ft.	$481,760
2014 Southwest 348th St, Federal Way, WA 3 Beds \| 2.5 Baths \| 1530 Sq. Ft.	$571,717

Address	Redfin Estimate
2020 Southwest 348th St, Federal Way, WA 4 Beds \| 3 Baths \| 2600 Sq. Ft.	$604,390
2008 Southwest 348th St, Federal Way, WA 3 Beds \| 2 Baths \| 1390 Sq. Ft.	$539,212

Property information provided by NWMLS as Distributed by MLS Grid when last listed in 2016. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 98023, WA

Sale history for 2002 SW 348th St

Tax history for 2002 SW 348th St

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 98023

Home values near 2002 SW 348th St

More real estate resources