Listing provided courtesy of Coldwell Banker Bain. Bought with John L. Scott, Inc.

Off market aug 2021 for $425K

$493,730

Est. refi paymentEst. refi $3,304/mo

•

1 ba

•

1,260

sq ft

406 SW 356th St, Federal Way, WA 98023

About this home

Looking for that perfect first home or rental at the perfect price? Well here it is! 3 bedrooms 1-bath, hardwoods in living room, hallway and under carpet in bedrooms. Spacious kitchen with large dining area, 2-car garage, a fully fenced yard, Plus there's plenty of parking for all your toys. This is just a taste of what this home has to offer, So don't miss your chance to preview and purchase this home before it's to late. P.S. ASK ME ABOUT BOUBLE **0%** DOWN AND 100% FINACING FOR THIS HOME.

Single-familyProperty Type

1967Year Built

0.27 acresLot Size

$392Est. Price/Sq.Ft.

2 car garageParking

Listed by • Coldwell Banker Bain

Bought with • John L. Scott, Inc.

Source:NWMLS as Distributed by MLS Grid #23124304

Redfin Estimate

$493,730

$69K since sold in August 2021$4,000 since September

Recently sold homes
Estimate history

This home's estimate is 2.4% lower than the average sale price ($506K) of 6 comparable homes.

SOLD JUN 30, 2026
$524,990
A
3 beds1.5 baths1,215 sq ft
35413 11th Ave SW, Federal Way, WA 98023
Listing provided by nwmls
SOLD SEP 29, 2026
$485,000
B
3 beds2 baths1,200 sq ft
1404 SW 360th St, Federal Way, WA 98023
Listing provided by nwmls
SOLD AUG 31, 2026
$530,000
C
3 beds1 bath960 sq ft
1622 SW 350th St, Federal Way, WA 98023
Listing provided by nwmls
SOLD AUG 20, 2026
$500,000
D
3 beds1.5 baths1,246 sq ft
2501 64th Ave NE, Tacoma, WA 98422
Listing provided by nwmls
SOLD SEP 23, 2026
$495,000
E
3 beds1 bath1,120 sq ft
1947 SW 350th St, Federal Way, WA 98023
Listing provided by nwmls
SOLD MAY 22, 2026
$500,000
F
3 beds1 bath1,190 sq ft
203 S 357th St, Federal Way, WA 98003
Listing provided by nwmls

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Earn from this home

Sell

$151,484

Est. take-home

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Refinance

Est. cash available

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Rent

$2,741/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
$1,080,000
3 beds2.5 baths2,630 sq ft
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Chanel Drago • COMPASS
NEW
$575,000
3 beds2.5 baths1,520 sq ft
35920 18th Ct SW, Federal Way, WA 98023
Shafiq Daqeeq • Berkshire Hathaway HS NW
NEW
$950,000
4 beds2.5 baths2,660 sq ft
31222 22nd Ave SW, Federal Way, WA 98023
Serg Lobodzinskiy • Skyline Properties, Inc.
$309,950
1 bed1 bath674 sq ft
33020 10th Ave SW Unit W104, Federal Way, WA 98023
Stu Collins • John L. Scott, Inc.
$699,950
6 beds3.5 baths3,420 sq ft
1421 SW 304th St, Federal Way, WA 98023
Brittany Haun • COMPASS
3D WALKTHROUGH
$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
3D WALKTHROUGH
$744,900
4 beds2.5 baths2,650 sq ft
709 SW 323rd St, Federal Way, WA 98023
Heather Heinzen • Coldwell Banker Danforth
$639,950
4 beds3 baths1,970 sq ft
2841 SW 342nd St, Federal Way, WA 98023
Bryce Ancheta • BHGRE - Northwest Home Team
See all

Provided by Redfin

Sale history for 406 SW 356th St

Year

Property tax

Land + Additions

Assessment*

2026

$4,997 (+6.6%)

$138,000 + $343,000

$481,000

2025

$4,687 (+1.1%)

$138,000 + $343,000

$481,000

2024

$4,638 (+3.4%)

$133,000 + $330,000

$463,000

2023

$4,487 (+8.3%)

$111,000 + $308,000

$419,000

2022

$4,143 (+29.5%)

$123,000 + $329,000

$452,000

2021

$3,199 (+3.3%)

$108,000 + $254,000

$362,000

2020

$3,098 (+8.1%)

$68,000 + $192,000

$260,000

2019

$2,865 (−8.9%)

$68,000 + $177,000

$245,000

2018

$3,143 (+10.4%)

$68,000 + $177,000

$245,000

2017

$2,846 (+3.0%)

$62,000 + $156,000

$218,000

2016

$2,762 (+7.6%)

$57,000 + $140,000

$197,000

2015

$2,568 (−9.2%)

$55,000 + $128,000

$183,000

2014

$2,827 (−3.4%)

$55,000 + $119,000

$174,000

2013

$2,928 (+6.7%)

$76,000 + $98,000

$174,000

2012

$2,744 (+13.8%)

$76,000 + $100,000

$176,000

2011

$2,411

$57,000 + $125,000

$182,000

2010

$2,410 (−4.3%)

$57,000 + $131,000

$188,000

2009

$2,519

$57,000 + $169,000

$226,000

Tax history for 406 SW 356th St

Year

Property tax

Land + Additions

Assessment*

2026

$4,997 (+6.6%)

$138,000 + $343,000

$481,000

2025

$4,687 (+1.1%)

$138,000 + $343,000

$481,000

2024

$4,638 (+3.4%)

$133,000 + $330,000

$463,000

2023

$4,487 (+8.3%)

$111,000 + $308,000

$419,000

2022

$4,143 (+29.5%)

$123,000 + $329,000

$452,000

2021

$3,199 (+3.3%)

$108,000 + $254,000

$362,000

2020

$3,098 (+8.1%)

$68,000 + $192,000

$260,000

2019

$2,865 (−8.9%)

$68,000 + $177,000

$245,000

2018

$3,143 (+10.4%)

$68,000 + $177,000

$245,000

2017

$2,846 (+3.0%)

$62,000 + $156,000

$218,000

2016

$2,762 (+7.6%)

$57,000 + $140,000

$197,000

2015

$2,568 (−9.2%)

$55,000 + $128,000

$183,000

2014

$2,827 (−3.4%)

$55,000 + $119,000

$174,000

2013

$2,928 (+6.7%)

$76,000 + $98,000

$174,000

2012

$2,744 (+13.8%)

$76,000 + $100,000

$176,000

2011

$2,411

$57,000 + $125,000

$182,000

2010

$2,410 (−4.3%)

$57,000 + $131,000

$188,000

2009

$2,519

$57,000 + $169,000

$226,000

*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: Electric
Heating Type: Baseboard Electric

Fireplace Information
# of Fireplaces: 1
Has Fireplace

Exterior

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

Property Information
Living Sq. Ft: 1,260
Ground Floor Sq. Ft: 1,260
Building Sq. Ft: 1,790
# of Stories: 1
Legal Description: S 66 FT OF E 105 FT OF SE 1/4 OF NW 1/4 OF NE 1/4 & E 105 FT OF POR OF NE 1/4 OF SW 1/4 OF NE 1/4 LY N OF JOHN LEBO RD LESS POR FOR RD PLAT BLOCK: PLAT LOT:

Parking & Garage Information
Parking Type: Attached Garage
Garage/Parking Sq. Ft: 530
Garage / Carport Type: Attached

Lot Information
# of Buildings: 1
Land Sq. Ft: 11,666
School Tax District: FEDERAL WAY #210
Municipality Name: FEDERAL WAY
Acres: 0.2678
Zoning Code: RS9.6
County Use Description: SINGLE FAMILY(RES USE/ZONE)

Utility Information
Sewer Type: Private
Water Service Type: Public

Financial

Assessor Information
Assessment Year: 2025

Public facts

Beds: 3
Baths: 1.0
Sq. Ft.: 1,260
Stories: 1.0
Lot Size: 0.27 acres
Style: Single Family Residential
Year Built: 1967
Year Renovated: —
County: King County
APN: 302104 9102

Home facts updated by county records on Sep 4, 2026

Around this home

Schools

Enterprise Elementary School

Public PreK-5 • Assigned • 0.3mi

5/10

Illahee Middle School

Public 5-8 • Assigned • 0.4mi

4/10

Todd Beamer High School

Public 9-12 • Assigned • 1.2mi

3/10

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!
2 days 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

6 days above 87° expected this year, 12 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

7/10 Air Factor

10 unhealthy days expected this year, 11 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

$470,000 – $568,000

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New listings for sale in 98023

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