Google street view image for 2248 SW 331st St, Federal Way, WA 98023

Off market feb 1999 for $113K

$425,826

Est. refi paymentEst. refi $869/mo

•

1 ba

•

800

sq ft

2248 SW 331st St, Federal Way, WA 98023

About this home

2248 SW 331st St is a 800 square foot house on a 8,325 square foot lot with 3 bedrooms and 1 bathroom. - it last sold on February 19, 1999 for $113,000. Based on Redfin's Federal Way data, we estimate the home's value is $425,826.

Single-familyProperty Type

1962Year Built

8,325 sq ftLot Size

$532Est. Price/Sq.Ft.

Source:Public Records

Redfin Estimate

$425,826

$313K since sold in February 1999$3,000 since October

Recently sold homes
Estimate history

This home's estimate is 17.6% lower than the average sale price ($516K) of 6 comparable homes.

SOLD MAY 22, 2026
$444,950
A
3 beds1.5 baths880 sq ft
2717 SW 328th St, Federal Way, WA 98023
Listing provided by nwmls
SOLD SEP 30, 2026
$550,000
B
3 beds2 baths1,410 sq ft
2662 SW 332nd St, Federal Way, WA 98023
Listing provided by nwmls
SOLD JUL 20, 2026
$449,000
C
3 beds1 bath970 sq ft
2619 SW 332nd Pl, Federal Way, WA 98023
Listing provided by nwmls
SOLD MAY 6, 2026
$485,000
D
3 beds1 bath1,208 sq ft
33004 29th Ave SW, Federal Way, WA 98023
Listing provided by nwmls
SOLD APR 2, 2026
$550,000
E
3 beds2 baths1,300 sq ft
2509 SW 325th Pl, Federal Way, WA 98023
Listing provided by nwmls
SOLD JUN 1, 2026
$619,950
F
3 beds2 baths1,250 sq ft
32720 30th Ave SW, Federal Way, WA 98023
Listing provided by nwmls

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Sell

$383,428

Est. take-home

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Est. cash available

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Rent

$2,364/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

$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.
$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
$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
$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
$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 2248 SW 331st St

Year

Property tax

Land + Additions

Assessment*

2026

$3,968 (+6.1%)

$146,000 + $232,000

$378,000

2025

$3,742 (+0.7%)

$146,000 + $232,000

$378,000

2024

$3,717 (+2.6%)

$146,000 + $220,000

$366,000

2023

$3,621 (+8.0%)

$132,000 + $200,000

$332,000

2022

$3,353 (+19.2%)

$120,000 + $241,000

$361,000

2021

$2,812 (+5.9%)

$96,000 + $194,000

$290,000

2020

$2,655 (+7.9%)

$78,000 + $149,000

$227,000

2019

$2,460 (−6.9%)

$62,000 + $147,000

$209,000

2018

$2,641 (+10.1%)

$62,000 + $147,000

$209,000

2017

$2,400 (+2.6%)

$57,000 + $125,000

$182,000

2016

$2,340 (+7.8%)

$52,000 + $113,000

$165,000

2015

$2,171 (+6.5%)

$50,000 + $104,000

$154,000

2014

$2,039 (+4.1%)

$50,000 + $96,000

$146,000

2013

$1,959 (−3.1%)

$57,000 + $67,000

$124,000

2012

$2,022 (−3.3%)

$57,000 + $59,000

$116,000

2011

$2,092 (−1.0%)

$77,000 + $80,000

$157,000

2010

$2,114 (−5.1%)

$77,000 + $87,000

$164,000

2009

$2,228

$71,000 + $128,000

$199,000

Tax history for 2248 SW 331st St

Year

Property tax

Land + Additions

Assessment*

2026

$3,968 (+6.1%)

$146,000 + $232,000

$378,000

2025

$3,742 (+0.7%)

$146,000 + $232,000

$378,000

2024

$3,717 (+2.6%)

$146,000 + $220,000

$366,000

2023

$3,621 (+8.0%)

$132,000 + $200,000

$332,000

2022

$3,353 (+19.2%)

$120,000 + $241,000

$361,000

2021

$2,812 (+5.9%)

$96,000 + $194,000

$290,000

2020

$2,655 (+7.9%)

$78,000 + $149,000

$227,000

2019

$2,460 (−6.9%)

$62,000 + $147,000

$209,000

2018

$2,641 (+10.1%)

$62,000 + $147,000

$209,000

2017

$2,400 (+2.6%)

$57,000 + $125,000

$182,000

2016

$2,340 (+7.8%)

$52,000 + $113,000

$165,000

2015

$2,171 (+6.5%)

$50,000 + $104,000

$154,000

2014

$2,039 (+4.1%)

$50,000 + $96,000

$146,000

2013

$1,959 (−3.1%)

$57,000 + $67,000

$124,000

2012

$2,022 (−3.3%)

$57,000 + $59,000

$116,000

2011

$2,092 (−1.0%)

$77,000 + $80,000

$157,000

2010

$2,114 (−5.1%)

$77,000 + $87,000

$164,000

2009

$2,228

$71,000 + $128,000

$199,000

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

Property details

Interior

Bathroom Information
# of Full Baths: 1

Heating & Cooling
Heating Fuel Type: Gas
Heating Type: Forced Air

Fireplace Information
# of Fireplaces: 1
Has Fireplace

Exterior

Exterior Information
Physical Condition: Average
Building Construction Quality: Fair
Building Type: Single Family

Property Information
Subdivision Name: VILLAGE PARK DIV A
Living Sq. Ft: 800
Ground Floor Sq. Ft: 800
Building Sq. Ft: 1,010
# of Stories: 1
Legal Description: VILLAGE PARK DIV A LESS C & M RGTS PLAT BLOCK: PLAT LOT: 53

Parking & Garage Information
Parking Type: Attached Garage
Garage/Parking Sq. Ft: 210
Garage / Carport Type: Attached

Lot Information
# of Buildings: 1
Land Sq. Ft: 8,325
Legal Lot Number: 53
School Tax District: FEDERAL WAY #210
Municipality Name: FEDERAL WAY
Acres: 0.1911
Zoning Code: RS7.2
County Use Description: SINGLE FAMILY(RES USE/ZONE)

Utility Information
Sewer Type: Public
Water Service Type: Public

Financial

Assessor Information
Assessment Year: 2025

Public facts

Beds: 3
Baths: 1.0
Sq. Ft.: 800
Stories: 1.0
Lot Size: 8,325 square feet
Style: Single Family Residential
Year Built: 1962
Year Renovated: —
County: King County
APN: 894500 0530

Home facts updated by county records on Sep 4, 2026

Around this home

Schools

Olympic View Elementary School

Public K-7 • Assigned • 0.3mi

4/10

Technology Access Foundation Academy at Saghalie

Public 6-12 • Assigned • 0.6mi

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 weeks 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

$405,000 – $490,000

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FOR SALE BY OWNER

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Built 1993 • Listed 7 days

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Listing provided by NWMLS as Distributed by MLS Grid

Home values near 2248 SW 331st St

Data from public records.

Address	Redfin Estimate
2400 SW 331st Street, Federal Way, WA 3 Beds \| 1 Baths \| 1100 Sq. Ft.	$453,390
2239 SW 331st Street, Federal Way, WA 3 Beds \| 1 Baths \| 820 Sq. Ft.	$426,084

Address	Redfin Estimate
2251 SW 331st Street, Federal Way, WA 3 Beds \| 1 Baths \| 1650 Sq. Ft.	$329,603
2233 SW 331st Street, Federal Way, WA 3 Beds \| 1 Baths \| 1100 Sq. Ft.	$445,540

Address	Redfin Estimate
2245 SW 331st Street, Federal Way, WA 3 Beds \| 1 Baths \| 850 Sq. Ft.	$441,029
2227 SW 331st Street, Federal Way, WA 3 Beds \| 2 Baths \| 1410 Sq. Ft.	$502,715

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About this home

Redfin Estimate

Earn from this home

Market trends in 98023, WA

Sale history for 2248 SW 331st St

Tax history for 2248 SW 331st St

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 2248 SW 331st St

More real estate resources