Listed by Ronda Sims • Windermere RE South Sound, Inc. Bought with Better Properties UP/Fircrest.

Off market jul 2019 for $425K

$654,478

Est. refi paymentEst. refi $3,268/mo

•

1,980

sq ft

2741 SW 314th St, Federal Way, WA 98023

About this home

Single-familyProperty Type

1972Year Built

9,963 sq ftLot Size

$331Est. Price/Sq.Ft.

2 car garageParking

Listed by Ronda Sims • Windermere RE South Sound, Inc

Bought with Therese Moses • Better Properties UP/Fircrest

Redfin checked: 3 minutes ago

•Source:NWMLS as Distributed by MLS Grid #1477063

Redfin Estimate

$654,478

$229K since sold in July 2019$4,000 since October

Recently sold homes
Estimate history

This home's estimate is 18.8% higher than the average sale price ($551K) of 5 comparable homes.

SOLD AUG 20, 2026
$440,000
A
3 beds2.5 baths1,910 sq ft
2221 SW 306th Pl, Federal Way, WA 98023
Listing provided by nwmls
SOLD JUL 17, 2026
$615,000
B
3 beds2.5 baths2,300 sq ft
3121 SW 313th Pl, Federal Way, WA 98023
Listing provided by nwmls
SOLD OCT 30, 2026
$504,500
C
3 beds2.5 baths1,490 sq ft
32454 22nd Ave SW, Federal Way, WA 98023
Listing provided by nwmls
SOLD JUN 11, 2026
$610,000
D
3 beds2 baths1,740 sq ft
2761 SW 314th St, Federal Way, WA 98023
Listing provided by nwmls
SOLD OCT 14, 2026
$585,000
E
3 beds2.5 baths1,560 sq ft
31550 39th Ave SW, Federal Way, WA 98023
Listing provided by nwmls

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Sell

$316,754

Est. take-home

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Est. cash available

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Rent

$3,188/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

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LISTED BY REDFIN
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Redfin
$659,950
4 beds2.5 baths2,460 sq ft
37110 5th Ave SW, Federal Way, WA 98023
Lia Huang • Dalton Wade, Inc.
3D WALKTHROUGH
$550,000
4 beds2 baths2,040 sq ft
32514 36th Ave SW, Federal Way, WA 98023
Evonne Brank • John L. Scott, Inc
3D WALKTHROUGH
$799,500
3 beds2.5 baths2,645 sq ft
31327 43rd Pl SW, Federal Way, WA 98023
Emily Anderson • Every Door Real Estate
$689,000
3 beds2.5 baths1,900 sq ft
2723 SW 349th Pl, Federal Way, WA 98023
Christopher Floyd • Morrison House Sotheby's Intl
$625,000
4 beds3 baths3,120 sq ft
2819 SW 324th Pl, Federal Way, WA 98023
Mark Bergman • Windermere Prof Partners
SHORT SALE
$529,999
4 beds1.5 baths1,390 sq ft
2229 SW 330th, Federal Way, WA 98023
Tyson Simonson • Realty One Group Orca
$520,000
3 beds3 baths1,507 sq ft
30637 1st Pl SW, Federal Way, WA 98023
Tanya Franzen-Garrett • Marketplace Sotheby's Intl Rty
$274,995
3 beds1.5 baths1,017 sq ft
4601 SW 320th St Unit M7, Federal Way, WA 98023
Justin Cambra • eXp Realty
See all

Provided by Redfin

Sale history for 2741 SW 314th St

Date

Event

Price

Jul 22, 2019

Sold (MLS) (Sold)

NWMLS as Distributed by MLS Grid #1477063

$425,000

$215/sq ft

Jun 28, 2019

Pending

NWMLS as Distributed by MLS Grid #1477063

—

Jun 21, 2019

Pending (Pending Inspection)

NWMLS as Distributed by MLS Grid #1477063

—

Jun 18, 2019

Listed (Active)

NWMLS as Distributed by MLS Grid #1477063

$425,000

$215/sq ft

Apr 3, 2000

Sold (MLS)

NWMLS as Distributed by MLS Grid #20015995

$199,950

$101/sq ft

Feb 6, 2000

Listed

NWMLS as Distributed by MLS Grid #20015995

$199,950

$101/sq ft

Oct 1, 1979

Sold

Public Records

$85,000

$43/sq ft

Apr 26, 1978

Sold

Public Records

$71,950

$36/sq ft

Year

Property tax

Land + Additions

Assessment*

2026

$6,167 (+6.0%)

$216,000 + $385,000

$601,000

2025

$5,820 (+0.7%)

$216,000 + $385,000

$601,000

2024

$5,781 (+2.7%)

$216,000 + $366,000

$582,000

2023

$5,628 (+8.1%)

$195,000 + $332,000

$527,000

2022

$5,208 (+3.9%)

$178,000 + $394,000

$572,000

2021

$5,012 (+5.4%)

$142,000 + $317,000

$459,000

2020

$4,753 (+8.2%)

$117,000 + $298,000

$415,000

2019

$4,394 (−7.1%)

$94,000 + $287,000

$381,000

2018

$4,732 (+10.5%)

$94,000 + $287,000

$381,000

2017

$4,281 (+2.9%)

$86,000 + $246,000

$332,000

2016

$4,159 (+7.7%)

$79,000 + $221,000

$300,000

2015

$3,860 (+18.1%)

$76,000 + $203,000

$279,000

2014

$3,268 (+4.7%)

$76,000 + $189,000

$265,000

2013

$3,121 (+0.7%)

$73,000 + $129,000

$202,000

2012

$3,099 (−3.2%)

$73,000 + $115,000

$188,000

2011

$3,203 (−0.7%)

$98,000 + $146,000

$244,000

2010

$3,226 (−2.0%)

$98,000 + $156,000

$254,000

2009

$3,293

$84,000 + $214,000

$298,000

Tax history for 2741 SW 314th St

Year

Property tax

Land + Additions

Assessment*

2026

$6,167 (+6.0%)

$216,000 + $385,000

$601,000

2025

$5,820 (+0.7%)

$216,000 + $385,000

$601,000

2024

$5,781 (+2.7%)

$216,000 + $366,000

$582,000

2023

$5,628 (+8.1%)

$195,000 + $332,000

$527,000

2022

$5,208 (+3.9%)

$178,000 + $394,000

$572,000

2021

$5,012 (+5.4%)

$142,000 + $317,000

$459,000

2020

$4,753 (+8.2%)

$117,000 + $298,000

$415,000

2019

$4,394 (−7.1%)

$94,000 + $287,000

$381,000

2018

$4,732 (+10.5%)

$94,000 + $287,000

$381,000

2017

$4,281 (+2.9%)

$86,000 + $246,000

$332,000

2016

$4,159 (+7.7%)

$79,000 + $221,000

$300,000

2015

$3,860 (+18.1%)

$76,000 + $203,000

$279,000

2014

$3,268 (+4.7%)

$76,000 + $189,000

$265,000

2013

$3,121 (+0.7%)

$73,000 + $129,000

$202,000

2012

$3,099 (−3.2%)

$73,000 + $115,000

$188,000

2011

$3,203 (−0.7%)

$98,000 + $146,000

$244,000

2010

$3,226 (−2.0%)

$98,000 + $156,000

$254,000

2009

$3,293

$84,000 + $214,000

$298,000

*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

9,963

Year renovated

—

Sq. Ft.

1,980

Year built

1972

Style

Single Family Residential

County

King County

APN

150310 0320

Parking Spaces

Basement

Accessible

HOA Dues

—

Garage

Yes

Features

—

Last updated by owner on Aug 1, 2020.

Property details

Parking

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

Interior

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

Bathroom Information
# of Full Baths (Total): 2
# of Half Baths (Total): 1
# of Full Baths (Main): 2
# of Half Baths (Main): 1

Room 1 Information
Room Type: Living Room
Room Level: Main

Room 2 Information
Room Type: Living Room
Room Level: Main

Room 3 Information
Room Type: Dining Room
Room Level: Main

Room 4 Information
Room Type: Bathroom Full
Room Level: Main

Room 5 Information
Room Type: Entry Hall
Room Level: Main

Room 6 Information
Room Type: Family Room
Room Level: Main

Room 7 Information
Room Type: Bathroom Full
Room Level: Main

Room 8 Information
Room Type: Rec Room
Room Level: Main

Room 9 Information
Room Type: Kitchen With Eating Space
Room Level: Main

Room 10 Information
Room Type: Bedroom
Room Level: Main

Room 11 Information
Room Type: Bedroom
Room Level: Main

Room 12 Information
Room Type: Bathroom Half
Room Level: Main

Room 13 Information
Room Type: Primary Bedroom
Room Level: Main

Basement Information
Basement Features: None

Fireplace Information
Has Fireplace
# of Fireplaces: 1
Fireplace Features: Wood Burning
# of Fireplaces Main: 1

Interior Features
Interior Features: Forced Air, Wall to Wall Carpet, Dining Room, French Doors, Skylight(s), Vaulted Ceiling(s), Fireplace, Water Heater
Appliances: Double Oven, Dryer, Washer
Flooring: Carpet
Appliances Included: Dishwasher,Double Oven,Dryer,Garbage Disposal,Refrigerator,Washer

Exterior

Building Information
Building Information: Built On Lot
Construction Methods: Double Wall
Roof: Composition

Exterior Features
Exterior Features: Metal/Vinyl, Wood

Property Information
Sq. Ft. Finished: 1,980
Style Code: 10 - 1 Story
Property Type: Residential
Property Sub Type: Single Family Residence
Property Condition: Very Good

Land Information
Vegetation: Fruit Trees, Garden Space

Lot Information
Lot Number: 32
MLS Lot Size Source: King County
Site Features: Cable TV,Fenced-Fully,High Speed Internet,Patio,RV Parking
Zoning Jurisdiction: County
Lot Features: Curbs, Paved, Secluded, Sidewalk
Lot Size Units: Square Feet
Lot Size Acres: 0.2287
Elevation Units: Feet

Financial

Tax Information
Tax Annual Amount: $4,393
Tax Year: 2019

Financial Information
Listing Terms: Cash Out, Conventional, FHA, Private Financing Available, VA Loan
Buyer Financing: FHA

Utilities

Utility Information
Water Source: Public
Water Company: Lakehaven
Power Company: PSE
Sewer: Sewer Connected
Sewer Company: Lakehaven
Utilities: Cable Connected, High Speed Internet, Sewer Connected, Natural Gas Connected
Water Heater Location: Hallway
Water Heater Type: Gas

Location

Multi-Unit Information
Furnished: Unfurnished

School Information
Elementary School: Twin Lakes Elem
Middle Or Junior High School: Lakota Mid Sch
High School: Decatur High
High School District: Federal Way

Location Information
Bus Line Nearby: true
Bus Route Number: 189
Directions: West on 320th, right on 32nd Ave SW, right on 314th St, home is on the right.
Topography: Level,PartialSlope

Community Information
Senior Exemption: false

Public facts

Beds: 3
Baths: 2.5
Sq. Ft.: 1,980
Stories: 1.0
Parking Spaces: 2
Basement: No
Accessible: No
Lot Size: 9,963 square feet
Style: Single Family Residential
Year Built: 1972
Year Renovated: —
County: King County
APN: 150310 0320
HOA Dues: —
Garage: Yes
Features: —

Home facts updated by owner on Aug 1, 2020

Other

Listing Information
Mls Status: Sold

Listing Date Information
Offers Review Date: Tuesday, June 25, 2019
On Market Date: Tuesday, June 18, 2019

Green Information
Green Energy Efficient: Double Wall
Power Production Type: Natural Gas

Home Information
Living Area: 1,980
Living Area Units: Square Feet
Calculated Square Footage: 1980
MLS Square Footage Source: King County
Building Area Total: 1980
Building Area Units: Square Feet
Foundation Details: Poured Concrete
Building Name: Century Palisades
Year Built Effective: 1972
Effective Year Built Source: Public Records
Structure Type: House
Levels: One
Entry Location: Main

Around this home

Schools

K - 12
Preschool & daycare

Twin Lakes Elementary School

Public PreK-5 • Assigned • 1.0mi

8/10

Lakota Middle School

Public 6-8 • Assigned • 0.7mi

5/10

Decatur High School

Public 9-12 • Assigned • 0.3mi

4/10

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...
3 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!
3 weeks ago • Federal Way
Andrew Maglalang-Weakley
Redfin Premier agent • Listing Agent
469 deals
Was this helpful?

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, 16 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

$622,000 – $753,000

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