Listed by Don Leske • Elite RE Professionals LLC. Bought with The Preview Group.

Off market sep 2004 for $231K

$473,630

Est. refi paymentEst. refi $1,512/mo

•

1,611

sq ft

2026 SW 348th St, Federal Way, WA 98023

About this home

Immaculate tri-level home featuring 3 bedroom with 2 1/4 baths vaulted ceiling with skylights and wood burning fireplace in cozy formal living room, seperate dining room off kitchen over looks family room below, bright kitchen with garden window. Slider off dining room and family room open to spacious backyard, partially fenced. 2 car garage with door openers. Home also features security system and private deck off master.

Single-familyProperty Type

1983Year Built

6,752 sq ftLot Size

$294Est. Price/Sq.Ft.

2 car garageParking

Listed by Don Leske • Elite RE Professionals LLC

Bought with • The Preview Group

Redfin checked: 3 minutes ago

•Source:NWMLS as Distributed by MLS Grid #24100213

Redfin Estimate

$473,630

$242K since sold in September 2004$5,000 since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 19.6% lower than the average sale price ($589K) 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 AUG 28, 2026
$587,500
B
3 beds2 baths1,340 sq ft
1430 SW 352nd Ct, Federal Way, WA 98023
Listing provided by nwmls
BOUGHT WITH REDFIN MAR 20, 2026
$585,000
C
3 beds2 baths1,570 sq ft
1700 SW 348th St, Federal Way, WA 98023
Listing provided by nwmls
SOLD JUL 20, 2026
$585,000
D
3 beds2 baths1,490 sq ft
34408 27th Ave SW, Federal Way, WA 98023
Listing provided by nwmls
SOLD AUG 17, 2026
$561,000
E
3 beds2.5 baths1,350 sq ft
34610 14th Pl SW, Federal Way, WA 98023
Listing provided by nwmls
SOLD SEP 30, 2026
$650,000
F
3 beds2.5 baths1,770 sq ft
3023 SW 339th St, Federal Way, WA 98023
Listing provided by nwmls

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Earn from this home

Sell

$367,819

Est. take-home

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Refinance

Est. cash available

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Rent

$2,821/mo

Redfin rental estimate

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Market trends in 98023, WA

Last updated October 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

NEW
$520,000
3 beds3 baths1,507 sq ft
30637 1st Pl SW, Federal Way, WA 98023
Tanya Franzen-Garrett • Marketplace Sotheby's Intl Rty
VIDEO TOUR
$625,000
3 beds3 baths1,820 sq ft
4232 SW 328th Ct, Federal Way, WA 98023
Irina Stoyan • Skyline Properties, Inc.
OPEN SUN, 1PM TO 3PM
$274,995
3 beds1.5 baths1,017 sq ft
4601 SW 320th St, Federal Way, WA 98023
Justin Cambra • eXp Realty
$860,000
4 beds2.5 baths3,000 sq ft
35402 7th Ave SW, Federal Way, WA 98023
Jonathan Byrd • Keller Williams Eastside
OPEN SUN, 12PM TO 4PM
$675,000
3 beds2.5 baths2,010 sq ft
4123 SW 322nd St, Federal Way, WA 98023
Mary King • Berkshire Hathaway HS NW
$498,500
3 beds2 baths940 sq ft
33215 36th Ave SW, Federal Way, WA 98023
Jan Lewis • Windermere Real Estate/East
OPEN SUN, 4PM TO 6PM
$789,360
2 beds2 baths1,420 sq ft
31204 8th Ave SW, Federal Way, WA 98023
Hao Sun • John L. Scott, Inc.
FOR SALE BY OWNER
$649,000
4 beds2 baths1,760 sq ft
35803 18th Ave SW, Federal Way, WA 98023
OPEN SUN, 1PM TO 3PM
$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
See all

Provided by Redfin

Sale history for 2026 SW 348th St

Year

Property tax

Land + Additions

Assessment*

2026

$5,244 (+6.6%)

$138,000 + $368,000

$506,000

2025

$4,919 (+1.0%)

$138,000 + $368,000

$506,000

2024

$4,870 (+3.3%)

$133,000 + $354,000

$487,000

2023

$4,715 (+8.3%)

$111,000 + $330,000

$441,000

2022

$4,352 (+8.0%)

$123,000 + $353,000

$476,000

2021

$4,029 (+2.9%)

$108,000 + $273,000

$381,000

2020

$3,914 (+8.2%)

$68,000 + $263,000

$331,000

2019

$3,618 (−8.8%)

$68,000 + $244,000

$312,000

2018

$3,965 (+10.2%)

$68,000 + $244,000

$312,000

2017

$3,598 (+3.1%)

$62,000 + $215,000

$277,000

2016

$3,490 (+7.9%)

$57,000 + $194,000

$251,000

2015

$3,235 (+21.2%)

$55,000 + $178,000

$233,000

2014

$2,669 (−3.5%)

$55,000 + $166,000

$221,000

2013

$2,766 (+6.6%)

$58,000 + $106,000

$164,000

2012

$2,595 (−3.6%)

$58,000 + $108,000

$166,000

2011

$2,692 (+0.4%)

$57,000 + $147,000

$204,000

2010

$2,682 (−4.5%)

$57,000 + $153,000

$210,000

2009

$2,809

$57,000 + $196,000

$253,000

Tax history for 2026 SW 348th St

Year

Property tax

Land + Additions

Assessment*

2026

$5,244 (+6.6%)

$138,000 + $368,000

$506,000

2025

$4,919 (+1.0%)

$138,000 + $368,000

$506,000

2024

$4,870 (+3.3%)

$133,000 + $354,000

$487,000

2023

$4,715 (+8.3%)

$111,000 + $330,000

$441,000

2022

$4,352 (+8.0%)

$123,000 + $353,000

$476,000

2021

$4,029 (+2.9%)

$108,000 + $273,000

$381,000

2020

$3,914 (+8.2%)

$68,000 + $263,000

$331,000

2019

$3,618 (−8.8%)

$68,000 + $244,000

$312,000

2018

$3,965 (+10.2%)

$68,000 + $244,000

$312,000

2017

$3,598 (+3.1%)

$62,000 + $215,000

$277,000

2016

$3,490 (+7.9%)

$57,000 + $194,000

$251,000

2015

$3,235 (+21.2%)

$55,000 + $178,000

$233,000

2014

$2,669 (−3.5%)

$55,000 + $166,000

$221,000

2013

$2,766 (+6.6%)

$58,000 + $106,000

$164,000

2012

$2,595 (−3.6%)

$58,000 + $108,000

$166,000

2011

$2,692 (+0.4%)

$57,000 + $147,000

$204,000

2010

$2,682 (−4.5%)

$57,000 + $153,000

$210,000

2009

$2,809

$57,000 + $196,000

$253,000

*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

2.5

Stories

Lot width

—

Lot depth

—

Lot size

6,740 Sq. Ft.

Year renovated

—

Sq. Ft.

1,530

Year built

1983

Style

Single Family Residential

County

King County

APN

542350 0020

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 5, 2026.

Property details

Parking

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

Interior

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

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 (Lower): 1
# of Three Quarter Baths (Upper): 1

Room 1 Information
Room Type: Entry Hall
Room Level: Main

Room 2 Information
Room Type: Bedroom
Room Level: Upper

Room 3 Information
Room Type: Bedroom
Room Level: Upper

Room 4 Information
Room Type: Family Room
Room Level: Lower

Room 5 Information
Room Type: Bedroom
Room Level: Upper

Room 6 Information
Room Type: Bathroom Three Quarter
Room Level: Upper

Room 7 Information
Room Type: Utility Room
Room Level: Main

Room 8 Information
Room Type: Bathroom Full
Room Level: Upper

Room 9 Information
Room Type: Bathroom Half
Room Level: Lower

Room 10 Information
Room Type: Dining Room
Room Level: Main

Room 11 Information
Room Type: Kitchen Without Eating Space
Room Level: Main

Room 12 Information
Room Type: Living Room
Room Level: Main

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

Interior Features
Interior Features: Forced Air, Wall to Wall Carpet, Ceiling Fan(s), Dining Room, Security System, Skylight(s), Vaulted Ceiling(s), Fireplace
Flooring: Vinyl, Carpet
Appliances Included: Dishwasher,Range/Oven,Refrigerator

Exterior

Building Information
Building Information: Built On Lot
Roof: Composition

Exterior Features
Exterior Features: Wood, Wood Products

Property Information
Sq. Ft. Finished: 1,611
Style Code: 13 - Tri-Level
Property Type: Residential
Property Sub Type: Single Family Residence

Land Information
Vegetation: Fruit Trees

Lot Information
Site Features: Cable TV,Deck,Fenced-Partially,Gas Available,Patio
Lot Features: Paved, Sidewalk
Lot Size Units: Square Feet
Lot Size Acres: 0.155
Elevation Units: Feet

Financial

Tax Information
Tax Annual Amount: $2,198
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: Lakehaven
Power Company: PSG
Sewer: Sewer Connected
Sewer Company: Lake Haven
Utilities: Cable Connected, Natural Gas Available, Sewer Connected, Electric, Natural Gas Connected

Location

Multi-Unit Information
Furnished: Unfurnished

HOA Information
Association Fee Frequency: Monthly

School Information
High School District: Federal Way

Location Information
Bus Line Nearby: true
Directions: 320th or 336th to SOUTH on 21st Ave SW to LEFT on SW 348th St to home on LEFT
Topography: Level

Community Information
Senior Exemption: true

Public facts

Beds: 3
Baths: 2.5
Sq. Ft.: 1,530
Stories: 1.0
Lot Size: 6,740 square feet
Style: Single Family Residential
Year Built: 1983
Year Renovated: —
County: King County
APN: 542350 0020

Home facts updated by county records on Sep 5, 2026

Other

Listing Information
Mls Status: Sold

Listing Date Information
On Market Date: Saturday, July 17, 2004

Green Information
Power Production Type: Electric, Natural Gas

Home Information
Living Area: 1,611
Living Area Units: Square Feet
Calculated Square Footage: 1611
MLS Square Footage Source: Seller/July 2002 Appraisal
Building Area Total: 1611
Building Area Units: Square Feet
Foundation Details: Poured Concrete
Structure Type: House
Levels: Three Or More
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 • 2.3mi

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...
1 week 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!
2 weeks ago • Federal Way
Andrew Maglalang-Weakley
Redfin Premier agent • Listing Agent
469 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

$450,000 – $545,000

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Listing provided by NWMLS as Distributed by MLS Grid

Home values near 2026 SW 348th St

Data from public records.

Address	Redfin Estimate
2032 Southwest 348th St, Federal Way, WA 3 Beds \| 2 Baths \| 1970 Sq. Ft.	$400,590
2008 Southwest 348th St, Federal Way, WA 3 Beds \| 2 Baths \| 1390 Sq. Ft.	$548,625

Address	Redfin Estimate
2020 Southwest 348th St, Federal Way, WA 4 Beds \| 3 Baths \| 2600 Sq. Ft.	$589,782
2002 Southwest 348th St, Federal Way, WA 3 Beds \| 2 Baths \| 1120 Sq. Ft.	$512,872

Address	Redfin Estimate
2014 Southwest 348th St, Federal Way, WA 3 Beds \| 2.5 Baths \| 1530 Sq. Ft.	$575,049
1910 Southwest 348th St, Federal Way, WA 3 Beds \| 2.5 Baths \| 1640 Sq. Ft.	$528,537

Property information provided by NWMLS as Distributed by MLS Grid when last listed in 2004. This data may not match . Learn more.

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About this home

Redfin Estimate

Earn from this home

Market trends in 98023, WA

Sale history for 2026 SW 348th St

Tax history for 2026 SW 348th St

Public record

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 2026 SW 348th St

More real estate resources