OFF MARKET

Listed by Robert Ott • COMPASS. Bought with Coldwell Banker Bain.

Off market apr 2021 for $438K

$518,707

Est. refi paymentEst. refi $2,891/mo

•

1,300

sq ft

2718 SW 331st St, Federal Way, WA 98023

About this home

Trying to find that perfect starter home? Where the home is in great shape, has a great floor plan & you can make it your own? Welcome home to your lovely retreat on a large lot located in a cul-de-sac! Open Living Room greets you with fresh paint, large windows for sunshine, & gorgeous hardwood floors. Enjoy spring with this newly landscaped garden, complete with cherry and plum trees, and outbuildings to start new hobbies in! Bonus room could be a double office or a place to play/entertain. Updates include newer roof, furnace, and water heater, and fresh paint throughout. Close to schools, parks and shopping. What are you waiting for?

Single-familyProperty Type

1963Year Built

9,125 sq ftLot Size

$399Est. Price/Sq.Ft.

Listed by Robert Ott • COMPASS

Listed by Hannah Krajnik • COMPASS

Bought with Justin Amundsen • Coldwell Banker Bain

Redfin checked: 2 minutes ago

•Source:NWMLS as Distributed by MLS Grid #1736510

Redfin Estimate

$518,707

$81K since sold in April 2021$3,000 since September

Recently sold homes
Estimate history

This home's estimate is 5.7% lower than the average sale price ($550K) of 6 comparable homes.

SOLD SEP 30, 2026
$550,000
A
3 beds2 baths1,410 sq ft
2662 SW 332nd St, Federal Way, WA 98023
Listing provided by nwmls
SOLD OCT 13, 2026
$593,000
B
3 beds2 baths1,410 sq ft
3339 SW 323rd St, Federal Way, WA 98023
Listing provided by nwmls
SOLD JUN 1, 2026
$619,950
C
3 beds2 baths1,250 sq ft
32720 30th Ave SW, Federal Way, WA 98023
Listing provided by nwmls
SOLD MAR 31, 2026
$605,000
D
4 beds2 baths1,240 sq ft
33027 22nd Ave SW, Federal Way, WA 98023
Listing provided by nwmls
SOLD JAN 6, 2026
$489,000
E
3 beds2 baths1,230 sq ft
32528 26th Ave SW, Federal Way, WA 98023
Listing provided by nwmls
SOLD MAY 22, 2026
$444,950
F
3 beds1.5 baths880 sq ft
2717 SW 328th St, Federal Way, WA 98023
Listing provided by nwmls

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Earn from this home

Sell

$168,677

Est. take-home

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Refinance

Est. cash available

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Rent

$2,777/mo

Redfin rental estimate

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Market trends in 98023, WA

Last updated September 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
$309,950
1 bed1 bath674 sq ft
33020 10th Ave SW Unit W104, Federal Way, WA 98023
Stu Collins • John L. Scott, Inc.
NEW
$699,950
6 beds3.5 baths3,420 sq ft
1421 SW 304th St, Federal Way, WA 98023
Brittany Haun • COMPASS
NEW
$675,000
4 beds2.5 baths2,190 sq ft
811 SW 328th Ct, Federal Way, WA 98023
Rhonda Bleck • HomeSmart Real Estate Assoc
COMING SOON
$689,000
3 beds2.5 baths1,900 sq ft
2723 SW 349th Pl, Federal Way, WA 98023
Christopher Floyd • Morrison House Sotheby's Intl
COMING SOON
$725,000
4 beds2.5 baths2,114 sq ft
181 SW 311th Pl, Federal Way, WA 98023
Michelle Le • Real Broker LLC
OPEN SAT, 1PM TO 3PM
$744,900
4 beds2.5 baths2,650 sq ft
709 SW 323rd St, Federal Way, WA 98023
Heather Heinzen • Coldwell Banker Danforth
OPEN SAT, 12PM TO 2PM
$639,950
4 beds3 baths1,970 sq ft
2841 SW 342nd St, Federal Way, WA 98023
Bryce Ancheta • BHGRE - Northwest Home Team
EARLY ACCESS
$398,800
3 beds2 baths1,219 sq ft
1018 SW 312th St #531, Federal Way, WA 98023
$225,000
3 beds1.5 baths993 sq ft
32110 45th Pl SW Unit B-4, Federal Way, WA 98023
Stanley Yeadon • Better Properties Kitsap
OPEN SAT, 11AM TO 3PM
$749,900
4 beds2.5 baths2,910 sq ft
209 SW 331st Pl, Federal Way, WA 98023
Sun Kim • Century 21 Real Estate Center
See all

Provided by Redfin

Sale history for 2718 SW 331st St

Date

Event

Price

Apr 7, 2021

Sold (MLS) (Sold)

NWMLS as Distributed by MLS Grid #1736510

$438,000

$337/sq ft

Mar 15, 2021

Pending

NWMLS as Distributed by MLS Grid #1736510

—

Mar 9, 2021

Pending (Pending Inspection)

NWMLS as Distributed by MLS Grid #1736510

—

Mar 4, 2021

Listed (Active)

NWMLS as Distributed by MLS Grid #1736510

$410,000

$315/sq ft

Oct 4, 2016

Sold (MLS) (Sold)

NWMLS as Distributed by MLS Grid #970225

$248,500

$191/sq ft

Aug 31, 2016

Pending

NWMLS as Distributed by MLS Grid #970225

—

Aug 17, 2016

Pending (Pending Inspection)

NWMLS as Distributed by MLS Grid #970225

—

Jul 25, 2016

Listed (Active)

NWMLS as Distributed by MLS Grid #970225

$255,000

$196/sq ft

Jun 7, 2007

Sold (MLS) (Closed)

NWMLS as Distributed by MLS Grid #27015530

$275,000

$212/sq ft

May 11, 2007

Delisted

NWMLS as Distributed by MLS Grid #27015530

—

Apr 25, 2007

Price Changed

NWMLS as Distributed by MLS Grid #27015530

$274,950

$212/sq ft

Apr 3, 2007

Relisted

NWMLS as Distributed by MLS Grid #27015530

—

Feb 16, 2007

Delisted

NWMLS as Distributed by MLS Grid #27015530

—

Jan 28, 2007

Listed

NWMLS as Distributed by MLS Grid #27015530

$279,950

$215/sq ft

Oct 27, 2006

Sold (MLS) (Closed)

NWMLS as Distributed by MLS Grid #26115803

$206,000

$158/sq ft

Aug 29, 2006

Delisted

NWMLS as Distributed by MLS Grid #26115803

—

Jul 15, 2006

Listed

NWMLS as Distributed by MLS Grid #26115803

$239,950

$185/sq ft

Year

Property tax

Land + Additions

Assessment*

2026

$4,741 (+5.8%)

$146,000 + $312,000

$458,000

2025

$4,479 (+0.5%)

$146,000 + $312,000

$458,000

2024

$4,458 (+2.6%)

$146,000 + $298,000

$444,000

2023

$4,344 (+8.0%)

$132,000 + $270,000

$402,000

2022

$4,023 (+31.0%)

$120,000 + $317,000

$437,000

2021

$3,070 (+5.9%)

$96,000 + $255,000

$351,000

2020

$2,899 (+8.0%)

$78,000 + $171,000

$249,000

2019

$2,685 (−7.2%)

$62,000 + $167,000

$229,000

2018

$2,892 (+10.3%)

$62,000 + $167,000

$229,000

2017

$2,623 (+3.1%)

$57,000 + $143,000

$200,000

2016

$2,544 (+7.4%)

$52,000 + $129,000

$181,000

2015

$2,369 (−1.4%)

$50,000 + $118,000

$168,000

2014

$2,402 (+4.5%)

$50,000 + $110,000

$160,000

2013

$2,298 (−2.7%)

$57,000 + $90,000

$147,000

2012

$2,363 (−3.5%)

$57,000 + $80,000

$137,000

2011

$2,449 (−0.9%)

$77,000 + $108,000

$185,000

2010

$2,472 (−0.1%)

$77,000 + $116,000

$193,000

2009

$2,476

$76,000 + $146,000

$222,000

Tax history for 2718 SW 331st St

Year

Property tax

Land + Additions

Assessment*

2026

$4,741 (+5.8%)

$146,000 + $312,000

$458,000

2025

$4,479 (+0.5%)

$146,000 + $312,000

$458,000

2024

$4,458 (+2.6%)

$146,000 + $298,000

$444,000

2023

$4,344 (+8.0%)

$132,000 + $270,000

$402,000

2022

$4,023 (+31.0%)

$120,000 + $317,000

$437,000

2021

$3,070 (+5.9%)

$96,000 + $255,000

$351,000

2020

$2,899 (+8.0%)

$78,000 + $171,000

$249,000

2019

$2,685 (−7.2%)

$62,000 + $167,000

$229,000

2018

$2,892 (+10.3%)

$62,000 + $167,000

$229,000

2017

$2,623 (+3.1%)

$57,000 + $143,000

$200,000

2016

$2,544 (+7.4%)

$52,000 + $129,000

$181,000

2015

$2,369 (−1.4%)

$50,000 + $118,000

$168,000

2014

$2,402 (+4.5%)

$50,000 + $110,000

$160,000

2013

$2,298 (−2.7%)

$57,000 + $90,000

$147,000

2012

$2,363 (−3.5%)

$57,000 + $80,000

$137,000

2011

$2,449 (−0.9%)

$77,000 + $108,000

$185,000

2010

$2,472 (−0.1%)

$77,000 + $116,000

$193,000

2009

$2,476

$76,000 + $146,000

$222,000

*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

9,125 Sq. Ft.

Year renovated

—

Sq. Ft.

1,300

Year built

1963

Style

Single Family Residential

County

King County

APN

894530 0160

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 4, 2026.

Property details

Parking

Parking Information
Parking Features: Driveway

Interior

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

Bathroom Information
# of Full Baths (Total): 2
# of Full Baths (Main): 2

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: Bedroom
Room Level: Main

Room 4 Information
Room Type: Bedroom
Room Level: Main

Room 5 Information
Room Type: Primary Bedroom
Room Level: Main

Room 6 Information
Room Type: Entry Hall
Room Level: Main

Room 7 Information
Room Type: Bonus Room
Room Level: Main

Room 8 Information
Room Type: Kitchen With Eating Space
Room Level: Main

Room 9 Information
Room Type: Living Room
Room Level: Main

Room 10 Information
Room Type: Utility Room
Room Level: Main

Room 11 Information
Room Type: Dining Room
Room Level: Main

Basement Information
Basement Features: None

Interior Features
Interior Features: Forced Air, Ceramic Tile, Hardwood, Wall to Wall Carpet, Security System, Walk-in Closet(s), Water Heater
Flooring: Ceramic Tile, Hardwood, Vinyl, Carpet
Appliances Included: Dishwasher,Range/Oven,Refrigerator

Exterior

Building Information
Building Information: Built On Lot
Construction Methods: Standard Frame
Roof: Composition

Exterior Features
Exterior Features: Wood, Wood Products

Property Information
Energy Source: Natural Gas
Sq. Ft. Finished: 1,300
Style Code: 10 - 1 Story
Property Type: Residential
Property Sub Type: Single Family Residence
Property Condition: Good
Has View

Land Information
Vegetation: Fruit Trees, Garden Space

Lot Information
MLS Lot Size Source: Realist
Site Features: Cable TV,Fenced-Fully,Gas Available,High Speed Internet,Outbuildings,Patio,Shop
Zoning Jurisdiction: City
Lot Features: Cul-De-Sac, Dead End Street, Paved
Lot Size Units: Square Feet
Lot Size Acres: 0.2095
Elevation Units: Feet

Financial

Tax Information
Tax Annual Amount: $2,899
Tax Year: 2020

Financial Information
Listing Terms: Cash Out, Conventional, FHA, State Bond, VA Loan
Buyer Financing: Conventional

Utilities

Utility Information
Water Source: Public
Water Company: Lake Haven
Power Company: PSE
Sewer: Sewer Connected
Sewer Company: Lake Haven
Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Natural Gas Connected
Water Heater Location: off the Kitchen
Water Heater Type: Gas

Location

Multi-Unit Information
Furnished: Unfurnished

School Information
Elementary School: Olympic View Elem
Middle Or Junior High School: Saghalie Jnr High
High School: Decatur High
High School District: Federal Way

Location Information
Bus Line Nearby: true
Directions: From I-5 South, take Exit 143 to 320th Street. Turn left onto 21st Avenue SW, Turn left onto 28th Avenue SW, Turn leftonto SW 331st Street. House on the Right.
Topography: Level,PartialSlope

Community Information
Senior Exemption: false

Public facts

Beds: 3
Baths: 2.0
Sq. Ft.: 1,300
Stories: 1.0
Lot Size: 9,125 square feet
Style: Single Family Residential
Year Built: 1963
Year Renovated: —
County: King County
APN: 894530 0160

Home facts updated by county records on Sep 4, 2026

Other

Listing Information
Mls Status: Sold

Listing Date Information
Offers Review Date: Tuesday, March 9, 2021
On Market Date: Thursday, March 4, 2021

Green Information
Power Production Type: Natural Gas

Home Information
Living Area: 1,300
Living Area Units: Square Feet
Calculated Square Footage: 1300
MLS Square Footage Source: Tax Records
Building Area Total: 1300
Building Area Units: Square Feet
Foundation Details: Poured Concrete
Year Built Effective: 1963
Effective Year Built Source: Public Records
Structure Type: House
Levels: One
Entry Location: Main

Around this home

Schools

Olympic View Elementary School

Public K-7 • Assigned • 0.2mi

4/10

Decatur High School

Public 9-12 • Assigned • 0.7mi

4/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Local insights from Redfin agents

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!
8 hours ago • Federal Way
Andrew Maglalang-Weakley
Redfin Premier agent • Listing Agent
468 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

$493,000 – $597,000

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Nearby similar homes

$225,000

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Stanley Yeadon • Better Properties Kitsap

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New listings for sale in 98023

NEW

$309,950

1 bed1 bath674 sq ft

33020 10th Ave SW Unit W104, Federal Way, WA 98023

Listing provided by NWMLS as Distributed by MLS Grid

NEW

$699,950

6 beds3.5 baths3,420 sq ft

1421 SW 304th St, Federal Way, WA 98023

Listing provided by NWMLS as Distributed by MLS Grid

NEW3D WALKTHROUGH

$675,000

4 beds2.5 baths2,190 sq ft

811 SW 328th Ct, Federal Way, WA 98023

Listing provided by NWMLS as Distributed by MLS Grid

COMING SOON

$689,000

3 beds2.5 baths1,900 sq ft

2723 SW 349th Pl, Federal Way, WA 98023

Listing provided by NWMLS as Distributed by MLS Grid

COMING SOON

$725,000

4 beds2.5 baths2,114 sq ft

181 SW 311th Pl, Federal Way, WA 98023

Listing provided by NWMLS as Distributed by MLS Grid

OPEN SAT, 1PM TO 3PM3D WALKTHROUGH

$744,900

4 beds2.5 baths2,650 sq ft

709 SW 323rd St, Federal Way, WA 98023

Listing provided by NWMLS as Distributed by MLS Grid

OPEN SAT, 12PM TO 2PM

$639,950

4 beds3 baths1,970 sq ft

2841 SW 342nd St, Federal Way, WA 98023

Listing provided by NWMLS as Distributed by MLS Grid

EARLY ACCESSCOMPASS COMING SOON

$398,800

3 beds2 baths1,219 sq ft

1018 SW 312th St #531, Federal Way, WA 98023

$225,000

3 beds1.5 baths993 sq ft

32110 45th Pl SW Unit B-4, Federal Way, WA 98023

Listing provided by NWMLS as Distributed by MLS Grid

Home values near 2718 SW 331st St

Data from public records.

Address	Redfin Estimate
2729 SW 331st Street, Federal Way, WA 3 Beds \| 1 Baths \| 1300 Sq. Ft.	$500,117
2723 SW 331st Street, Federal Way, WA 4 Beds \| 2 Baths \| 1360 Sq. Ft.	$520,237

Address	Redfin Estimate
2724 SW 331st Street, Federal Way, WA 3 Beds \| 1 Baths \| 1010 Sq. Ft.	$482,404
2736 SW 331st Street, Federal Way, WA 3 Beds \| 1 Baths \| 1040 Sq. Ft.	$475,458

Address	Redfin Estimate
2710 SW 331st Street, Federal Way, WA 3 Beds \| 1.5 Baths \| 1200 Sq. Ft.	$484,427
2730 SW 331st Street, Federal Way, WA 3 Beds \| 1.5 Baths \| 1200 Sq. Ft.	$506,346

Property information provided by NWMLS as Distributed by MLS Grid when last listed in 2021. 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 2718 SW 331st St

Tax history for 2718 SW 331st 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 2718 SW 331st St

More real estate resources