This home's estimate is 35.8% lower than the average sale price ($832K) of 6 comparable homes.
Search- Overview
- Sale & tax history
- Property details
- Neighborhood
- Climate
2040 S 312th St, Federal Way, WA 98003
About this home
Ready to build lot in the city of federal way! Water, Sewer and Electricity are stubbed to the lot. Plans and engineering are done for a 2200 sq ft home, if wanted. Just submit your plans and you are ready to go. Large private lot with a huge building pad.

Redfin Estimate
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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 22 HRS AGO$825,0006 beds4 baths3,110 sq ft29219 13th Pl S, Federal Way, WA 98003Amy Alpeza • Windermere Real Estate/East
- $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
- $475,0002 beds2 baths1,470 sq ft422 S 329th Ln, Federal Way, WA 98003Kathy Callahan • Windermere RE South Sound, Inc
- 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
- OPEN TODAY, 12PM TO 3PM$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 2040 S 312th St
Tax history for 2040 S 312th 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
Interior
- Heating & Cooling
- Has Heating
- Has Cooling
Exterior
- Exterior Features
- Improvements: Cable TV Available,Fenced-Partially
- Property Information
- Restrictions: NO Manufactured Homes
- Style Code: 40 - Res-Less thn 1 Ac
- Property Type: Land
- Property Sub Type: Land
- Land Information
- Possible Use: Residential
- Lot Information
- Road Information: Access Easement
- Zoning Jurisdiction: City
- Lot Features: Secluded
- Lot Size Units: Square Feet
- Lot Size Acres: 0.2702
- Elevation Units: Feet
Financial
- Tax Information
- Tax Year: 0
- Financial Information
- Listing Terms: Cash Out, Conventional
- Buyer Financing: Other
Utilities
- Utility Information
- Water Source: On Property
- Electricity Status: On Property
- Sewer: On Property
- Utilities: Natural Gas Available, Electricity Connected
- Gas Status: Available
Location
- School Information
- High School District: Federal Way
- Location Information
- Directions: 320th St. exit in Federal Way. Head west on 320th. Rt on Hwy 99. Rt on 312th St. 2044 is a blue house. Lot behind.
- Topography: Level
Public facts
- Beds: 5
- Baths: 4.0
- Sq. Ft.: 4,110
- Stories: 2.0
- Lot Size: 0.27 acres
- Style: Single Family Residential
- Year Built: 2007
- Year Renovated: —
- County: King County
- APN: 053700 0642
Other
- Listing Information
- Mls Status: Sold
- Listing Date Information
- On Market Date: Wednesday, January 10, 2007
- Home Information
- Living Area Units: Square Feet
- Calculated Square Footage: 0
- Building Area Total: 0
- Building Area Units: Square Feet
- Structure Type: Unspecified
Around this home
Schools
Public PreK-5 • Assigned • 0.7mi
Public 6-8 • Assigned • 0.9mi
Public 9-12 • Assigned • 0.5mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk 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 2040 S 312th St
| Address | Redfin Estimate |
|---|---|
4 Beds | 3.5 Baths | 3000 Sq. Ft. | $938,428 |
3 Beds | 2 Baths | 1080 Sq. Ft. | $411,291 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 1 Baths | 1410 Sq. Ft. | $544,050 |
3 Beds | 2 Baths | 1458 Sq. Ft. | $495,748 |
| Address | Redfin Estimate |
|---|---|
2 Beds | 1 Baths | 1670 Sq. Ft. | $483,184 |
9 Beds | 2.5 Baths | 4770 Sq. Ft. | $1,251,241 |
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