This home's estimate is 7% higher than the average sale price ($597K) of 6 comparable homes.
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2012 S 331st St, Federal Way, WA 98003
About this home
An Oasis in the heart of Federal Way! This home has been refreshed with new flooring, new cabinets, and new bathrooms, creating a bright and welcoming living space. Features include all appliances, a private studio with separate entrance, spacious garage, large lot with tranquil pond, and a glass-covered area for relaxation or entertainment. No HOA! Potential $8,000 down payment or closing cost assistance available from preferred lender for first time Homeowners. Convenient location near freeway & future light rail.

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Market trends in 98003, WA
Last updated August 2026
Buyer's Market
Seller's Market
Seller's market
0.0% MoM
- NEW 9 HRS AGO$475,0002 beds2 baths1,470 sq ft422 S 329th Ln, Federal Way, WA 98003Kathy Callahan • Windermere RE South Sound, Inc
- 3D WALKTHROUGH$825,0006 beds4 baths3,110 sq ft29219 13th Pl S, Federal Way, WA 98003Amy Alpeza • Windermere Real Estate/East
- OPEN SAT, 11AM TO 1PM$739,9004 beds3 baths2,070 sq ft29608 3rd Ave S, Federal Way, WA 98003Matt Klewin • Windermere RE West Campus Inc
- $239,9992 beds1 bath780 sq ft31003 14th Ave S Unit C12, Federal Way, WA 98003Avian Vu • Best Choice Realty
- COMING SOON$395,0003 beds2 baths1,348 sq ft32820 20th Ave S #53, Federal Way, WA 98003Kristy Haro • WA Move Real Estate LLC
- $165,0002 beds2 baths1,344 sq ft2101 S 324th St #27, Federal Way, WA 98003Marilyn Farfan • Keller Williams Realty PS
- 3D WALKTHROUGH$1,450,0004 beds4 baths4,190 sq ft35101 27th Ave S, Federal Way, WA 98003Apryl Tolstoy • Keller Williams Rlty Bellevue
- VIDEO TOUR$274,9993 beds2 baths981 sq ft32304 4th Pl S Unit R1, Federal Way, WA 98003Chad Nolan • 1 Percent Lists Tacoma
- $98,0003 beds2 baths2,000 sq ft2500 S 370th St #11, Federal Way, WA 98003Renee' DiBello • Keller Williams Realty Bothell
- $1,150,0004 beds3.5 baths3,470 sq ft30706 19th Ave S, Federal Way, WA 98003Kathryn Buchanan • Windermere Mercer Island
See all
Provided by Redfin
Sale history for 2012 S 331st St
$351/sq ft
$350/sq ft
$235/sq ft
$250/sq ft
$65/sq ft
$73/sq ft
$25/sq ft
Tax history for 2012 S 331st St
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Property details
Parking
- Parking Information
- Covered Spaces: 2
- Parking Features: Attached Garage, RV Parking
- Garage Spaces: 2
- Has Attached Garage
- Has Garage
- Garage Square Feet: 600
Interior
- Bedroom Information
- # of Bedrooms: 3
- # of Bedrooms Main: 3
- Bathroom Information
- # of Full Baths (Total): 3
- # of Main Level Bathrooms (Total): 2
- # of Full Baths (Main): 2
- # of Full Baths (Lower): 1
- # of Bathtubs: 2
- # of Showers: 1
- Room 1 Information
- Room Type: Bathroom Full
- Room Level: Main
- Room 2 Information
- Room Type: Bathroom Full
- Room Level: Main
- Room 3 Information
- Room Type: Bathroom Full
- Room Level: Lower
- Room 4 Information
- Room Type: Kitchen With Eating Space
- Room Level: Main
- Room 5 Information
- Room Type: Kitchen With Eating Space
- Room Level: Lower
- Room 6 Information
- Room Type: Living Room
- Room Level: Main
- Room 7 Information
- Room Type: Primary Bedroom
- Room Level: Main
- Room 8 Information
- Room Type: Studio
- Room Level: Lower
- Room 9 Information
- Room Type: Bedroom
- Room Level: Main
- Room 10 Information
- Room Type: Bedroom
- Room Level: Main
- Room 11 Information
- Room Type: Utility Room
- Room Level: Main
- Basement Information
- Basement Features: Finished
- Heating & Cooling
- Has Heating
- Heating Information: Forced Air
- Has Cooling
- Cooling Information: Forced Air
- Interior Features
- Appliances: Dishwasher(s), Disposal, Dryer(s), Microwave(s), Refrigerator(s), Washer(s)
- Flooring: Laminate
- Appliances Included: Dishwasher(s),Dryer(s),Garbage Disposal,Microwave(s),Refrigerator(s),Washer(s)
- Second Living Quarters Information
- ADU # of Beds: 1
- ADU # of Baths: 1
Exterior
- Building Information
- Building Information: Built On Lot
- Construction Materials: Wood
- Roof: Composition
- Exterior Features
- Exterior Features: Wood
- Property Information
- Energy Source: Natural Gas
- Sq. Ft. Finished: 2,000
- Style Code: 14 - Split Entry
- Property Type: Residential
- Property Sub Type: Single Family Residence
- Property Condition: Very Good
- Has View
- Lot Information
- MLS Lot Size Source: kcr
- Site Features: Deck,Fenced-Fully,Patio,Propane,Rooftop Deck,RV Parking
- Zoning Jurisdiction: City
- Lot Features: Curbs
- Lot Size Units: Square Feet
- Lot Size Acres: 0.1997
- Elevation Units: Feet
Financial
- Tax Information
- Tax Annual Amount: $5,204
- Tax Year: 2025
- Financial Information
- Listing Terms: Cash Out, Conventional, FHA, VA Loan
- Buyer Financing: Conventional
Utilities
- Utility Information
- Water Source: Public
- Sewer: Sewer Connected
Location
- School Information
- High School District: Federal Way
- Location Information
- Bus Line Nearby: true
- Directions: From Pacific Hwy South Go East On 336th Take Left On 20th Follow Through Stop Sign To 331st Take Right Home On Right
- Topography: Level
- Community Information
- Senior Exemption: false
Public facts
- Beds: 3
- Baths: 3.0
- Sq. Ft.: 1,690
- Stories: 1.0
- Lot Size: 8,688 square feet
- Style: Single Family Residential
- Year Built: 1978
- Year Renovated: —
- County: King County
- APN: 413150 0020
Other
- Listing Information
- Buyer Brokerage Compensation: 2.5
- Buyer Brokerage Compensation Type: %
- Mls Status: Sold
- Listing Date Information
- On Market Date: Thursday, September 4, 2025
- Green Information
- Power Production Type: Natural Gas
- Home Information
- Living Area: 2,000
- Calculated Square Footage: 2000
- MLS Square Footage Source: kcr
- Building Area Total: 2000
- Building Area Units: Square Feet
- Foundation Details: Poured Concrete
- Year Built Effective: 1978
- Effective Year Built Source: Public Records
- Structure Type: House
- Levels: Multi/Split
Around this home
Schools
Public PreK-5 • Assigned • 2.1mi
Public 6-8 • Assigned • 2.1mi
Public 9-12 • Assigned • 2.0mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Estimated 10-14% chance of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 87° expected this year, 15 days in 30 years
Minimal risk of severe winds over next 30 years
10 unhealthy days expected this year, 11 days in 30 years
Sun exposure
In this area, properties receive around 9 hours in June and 1.7 hours in December, placing it below the U.S. average for solar exposure.
Nearby similar homes
New listings for sale in 98003
Home values near 2012 S 331st St
| Address | Redfin Estimate |
|---|---|
4 Beds | 2 Baths | 2230 Sq. Ft. | $592,478 |
4 Beds | 2 Baths | 2260 Sq. Ft. | $607,589 |
| Address | Redfin Estimate |
|---|---|
4 Beds | 2.5 Baths | 2490 Sq. Ft. | $703,533 |
4 Beds | 3 Baths | 2250 Sq. Ft. | $700,954 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 2.5 Baths | 1730 Sq. Ft. | $588,470 |
4 Beds | 3 Baths | 2250 Sq. Ft. | $592,989 |
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