This home's estimate is 15.4% lower than the average sale price ($740K) of 6 comparable homes.
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- Property details
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33840 7th Way SW, Federal Way, WA 98023
About this home
Welcome to this immaculate 4-bedroom, 1.5-bathroom home in Federal Way, offering 1,760 square feet of pristine living space. Built in 1998 and situated on a generous 10,391 square foot lot, this home boasts a brand new AC unit and convenient RV parking. The large, well-maintained yard provides plenty of space for outdoor activities. Located in a safe neighborhood close to excellent schools. Don't miss this opportunity to live in a beautifully maintained home with ample space both inside and out!

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Market trends in 98023, WA
Last updated August 2026
Buyer's Market
Seller's Market
Seller's market
- OPEN SAT, 11AM TO 1PM$729,9995 beds3 baths2,160 sq ft31758 SW 14th Way, Federal Way, WA 98023Kamal Singh • John L. Scott, Inc
- NEW 6 HRS AGO
- NEW 26 HRS AGO$284,0002 beds1.5 baths1,184 sq ft1725 SW 318th Pl Unit 49A, Federal Way, WA 98023Kyle Walker • COMPASS
- $575,0003 beds2 baths1,810 sq ft32434 49th Ave SW, Federal Way, WA 98023Faviola Johnson • KW Mountains to Sound Realty
- $229,0003 beds1.5 baths1,220 sq ft1721 SW 318th Pl Unit 48A, Federal Way, WA 98023Evann Grealish • Better Properties UP/Fircrest
- COMING SOON$875,0004 beds3 baths2,750 sq ft31357 43rd Pl SW, Federal Way, WA 98023Carly Peterson • Windermere Abode
- COMING SOON$525,0003 beds2 baths1,230 sq ft34915 23rd Ave SW, Federal Way, WA 98023Annie Dumont • Coldwell Banker Bain
- OPEN SAT, 12PM TO 5PM$1,249,0003 beds2 baths1,862 sq ft3136 SW 302nd Pl, Federal Way, WA 98023Allen Uyeno • John L. Scott, Inc.
- OPEN SAT, 11AM TO 1PM$574,9993 beds2 baths1,390 sq ft157 SW 313th St, Federal Way, WA 98023Norman Nguyen • John L. Scott, Inc
- 3D WALKTHROUGH$775,0006 beds3 baths2,630 sq ft32544 42nd Pl SW, Federal Way, WA 98023Kent Beahler • HomeSmart Real Estate Assoc
See all
Provided by Redfin
Sale history for 33840 7th Way SW
$313/sq ft
$313/sq ft
$318/sq ft
$330/sq ft
$341/sq ft
$355/sq ft
$214/sq ft
$216/sq ft
$219/sq ft
$222/sq ft
$22/sq ft
$227/sq ft
$239/sq ft
$109/sq ft
$109/sq ft
$114/sq ft
$166/sq ft
$166/sq ft
$173/sq ft
$175/sq ft
$141/sq ft
$127/sq ft
$127/sq ft
Tax history for 33840 7th Way SW
*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
Parking
- Parking Information
- Covered Spaces: 2
- Parking Features: Attached Garage, RV Parking
- Garage Spaces: 2
- Has Attached Garage
- Has Garage
Interior
- Bedroom Information
- # of Bedrooms: 4
- # of Bedrooms Main: 4
- Bedrooms Possible: 4
- Bathroom Information
- # of Full Baths (Total): 2
- # of Half Baths (Total): 1
- # of Main Level Bathrooms (Total): 2
- # of Full Baths (Upper): 1
- # of Full Baths (Main): 1
- # of Half Baths (Main): 1
- Room 1 Information
- Room Type: Bedroom
- Room Level: Main
- Room 2 Information
- Room Type: Bedroom
- 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: Bathroom Full
- Room Level: Main
- Room 6 Information
- Room Type: Living Room
- Room Level: Main
- Room 7 Information
- Room Type: Bathroom Half
- Room Level: Main
- Room 8 Information
- Room Type: Kitchen With Eating Space
- Room Level: Main
- Room 9 Information
- Room Type: Family Room
- Room Level: Main
- Room 10 Information
- Room Type: Bathroom Full
- Room Level: Second
- Basement Information
- Basement Features: None
- Fireplace Information
- Has Fireplace
- # of Fireplaces: 1
- Fireplace Features: Electric
- # of Fireplaces Lower: 1
- Heating & Cooling
- Has Heating
- Heating Information: Forced Air
- Has Cooling
- Cooling Information: Forced Air
- Interior Features
- Interior Features: Fireplace, Hardwood, Laminate, Solarium/Atrium
- Appliances: Double Oven, Disposal, See Remarks, Stove(s)/Range(s)
- Flooring: Hardwood, Laminate
- Appliances Included: Double Oven,Garbage Disposal,See Remarks,Stove(s)/Range(s)
Exterior
- Building Information
- Building Information: Built On Lot
- Roof: Composition
- Exterior Features
- Exterior Features: Wood, Wood Products
- Property Information
- Energy Source: Electric
- Sq. Ft. Finished: 1,760
- Style Code: 12 - 2 Story
- Property Type: Residential
- Property Sub Type: Single Family Residence
- Property Condition: Very Good
- Lot Information
- MLS Lot Size Source: Public Records
- Site Features: RV Parking
- Zoning Jurisdiction: City
- Lot Size Units: Square Feet
- Lot Size Acres: 0.2385
- Elevation Units: Feet
Financial
- Tax Information
- Tax Annual Amount: $4,017
- Tax Year: 2023
- Financial Information
- Listing Terms: Cash Out, Conventional, FHA, VA Loan
- Buyer Financing: Conventional
Utilities
- Utility Information
- Water Source: Public
- Water Company: Lake Heaven
- Power Company: PSE
- Sewer: Sewer Connected
- Sewer Company: Lake Heaven
Location
- School Information
- Elementary School: Buyer To Verify
- Middle Or Junior High School: Buyer To Verify
- High School: Buyer To Verify
- High School District: Federal Way
- Location Information
- Bus Line Nearby: false
- Directions: Turn right onto 7th and you'll find the house on the right
- Community Information
- Senior Exemption: false
Public facts
- Beds: 4
- Baths: 2.5
- Sq. Ft.: 1,760
- Stories: 2.0
- Lot Size: 10,391 square feet
- Style: Single Family Residential
- Year Built: 1998
- Year Renovated: —
- County: King County
- APN: 926910 0050
Other
- Listing Information
- Mls Status: Sold
- Listing Date Information
- On Market Date: Wednesday, June 12, 2024
- Green Information
- Power Production Type: Electric
- Home Information
- Living Area: 1,760
- Living Area Units: Square Feet
- Calculated Square Footage: 1760
- MLS Square Footage Source: Public Records
- Building Area Total: 1760
- Building Area Units: Square Feet
- Foundation Details: Poured Concrete
- Year Built Effective: 1998
- Effective Year Built Source: Public Records
- Structure Type: House
- Levels: Two
Around this home
Schools
Public PreK-5 • Assigned • 0.6mi
Public 5-8 • Assigned • 1.5mi
Public 9-12 • Assigned • 2.0mi
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 8.9 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 98023
Home values near 33840 7th Way SW
| Address | Redfin Estimate |
|---|---|
3 Beds | 2.5 Baths | 2220 Sq. Ft. | $648,609 |
5 Beds | 3.5 Baths | 2770 Sq. Ft. | $782,952 |
| Address | Redfin Estimate |
|---|---|
4 Beds | 2.5 Baths | 2451 Sq. Ft. | $715,413 |
3 Beds | 2.5 Baths | 3180 Sq. Ft. | $953,406 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 2.5 Baths | 2220 Sq. Ft. | $680,101 |
3 Beds | 2.5 Baths | 3010 Sq. Ft. | $998,391 |
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