OFF MARKET

Listed by Jeremy Logar • Keller Williams Rty Tacoma. Bought with John L. Scott, Inc.

Off market apr 2025 for $470K

$481,356

Est. refi paymentEst. refi $720/mo

•

830

sq ft

409 SW 368th St, Federal Way, WA 98023

About this home

Welcome home to this adorable well-maintained rambler with a rare 2nd lot! This home offers 2 beds and 1 bath with an ideal layout to maximize the space. Generous living room, galley style kitchen, and easy access to the back deck for BBQing and entertaining. The home is placed on a large corner lot that gives you a territorial view. Need a larger yard for entertaining or for potentially building a large garage/shop/ADU? You're in luck! Parcel 2188200695 (6000 sqft lot to the west) is included in the sale! Plenty of parking for RV, boat, camper, extra vehicles, etc. Walkable neighborhood and rural setting with only a moment's drive to most amenities! Must see!

Single-familyProperty Type

1942Year Built

0.28 acresLot Size

$580Est. Price/Sq.Ft.

Listed by Jeremy Logar • Keller Williams Rty Tacoma

Listed by Chad Hauer • Keller Williams Rty Tacoma

Bought with Stacy Edward • John L. Scott, Inc

Redfin checked: a few seconds ago

•Source:NWMLS as Distributed by MLS Grid #2347815

Redfin Estimate

$481,356

$11K since sold in April 2025$5,000 since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 6.4% lower than the average sale price ($514K) of 6 comparable homes.

SOLD SEP 29, 2026
$485,000
A
3 beds2 baths1,200 sq ft
1404 SW 360th St, Federal Way, WA 98023
Listing provided by nwmls
SOLD FEB 27, 2026
$550,000
B
3 beds1 bath900 sq ft
817 SW 356th 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 JUN 30, 2026
$524,990
F
3 beds1.5 baths1,215 sq ft
35413 11th Ave SW, Federal Way, WA 98023
Listing provided by nwmls

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Earn from this home

Sell

$79,993

Est. take-home

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Refinance

Est. cash available

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Rent

$2,460/mo

Redfin rental estimate

List your home for rent

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

$449,990
3 beds1 bath1,100 sq ft
2233 SW 331st, Federal Way, WA 98023
Kelly Gilleland • John L. Scott, Inc.
LISTED BY REDFIN
$225,000
2 beds1 bath809 sq ft
32120 45th Pl SW Unit C6, Federal Way, WA 98023
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 409 SW 368th St

Date

Event

Price

Apr 25, 2025

Sold (MLS) (Closed)

NWMLS as Distributed by MLS Grid #2347815

$470,000

$566/sq ft

Mar 25, 2025

Pending

NWMLS as Distributed by MLS Grid #2347815

—

Mar 21, 2025

Listed (Active)

NWMLS as Distributed by MLS Grid #2347815

$460,000

$554/sq ft

Jan 27, 2024

Rental Removed

APPFOLIO #1

$1,847

$2/sq ft

Jan 24, 2024

Listed for Rent

APPFOLIO #1

$1,847

$2/sq ft

Mar 17, 2020

Sold (MLS) (Sold)

NWMLS as Distributed by MLS Grid #1563027

$291,000

$351/sq ft

Feb 25, 2020

Pending

NWMLS as Distributed by MLS Grid #1563027

—

Feb 18, 2020

Pending (Pending Inspection)

NWMLS as Distributed by MLS Grid #1563027

—

Feb 10, 2020

Listed (Active)

NWMLS as Distributed by MLS Grid #1563027

$279,950

$337/sq ft

Jun 3, 1999

Sold

Public Records

$136,000

$164/sq ft

Nov 15, 1995

Sold

Public Records

$92,500

$111/sq ft

Aug 22, 1988

Sold

Public Records

$60,500

$73/sq ft

Apr 1, 1980

Sold

Public Records

$10,500

$13/sq ft

Year

Property tax

Land + Additions

Assessment*

2026

$3,893 (+6.6%)

$138,000 + $234,000

$372,000

2025

$3,653 (+0.6%)

$138,000 + $234,000

$372,000

2024

$3,632 (+3.3%)

$133,000 + $225,000

$358,000

2023

$3,516 (+8.4%)

$111,000 + $213,000

$324,000

2022

$3,243 (+28.7%)

$123,000 + $227,000

$350,000

2021

$2,520 (+3.6%)

$108,000 + $172,000

$280,000

2020

$2,433 (+7.8%)

$62,000 + $140,000

$202,000

2019

$2,258 (−8.7%)

$62,000 + $129,000

$191,000

2018

$2,474 (+10.1%)

$62,000 + $129,000

$191,000

2017

$2,247 (+3.1%)

$57,000 + $113,000

$170,000

2016

$2,180 (+7.4%)

$52,000 + $102,000

$154,000

2015

$2,029 (+5.2%)

$50,000 + $93,000

$143,000

2014

$1,929 (−3.9%)

$50,000 + $86,000

$136,000

2013

$2,008 (+6.5%)

$58,000 + $59,000

$117,000

2012

$1,886 (+14.6%)

$58,000 + $61,000

$119,000

2011

$1,645

$51,000 + $71,000

$122,000

2010

$1,644 (−4.6%)

$51,000 + $75,000

$126,000

2009

$1,723

$51,000 + $101,000

$152,000

Tax history for 409 SW 368th St

Year

Property tax

Land + Additions

Assessment*

2026

$3,893 (+6.6%)

$138,000 + $234,000

$372,000

2025

$3,653 (+0.6%)

$138,000 + $234,000

$372,000

2024

$3,632 (+3.3%)

$133,000 + $225,000

$358,000

2023

$3,516 (+8.4%)

$111,000 + $213,000

$324,000

2022

$3,243 (+28.7%)

$123,000 + $227,000

$350,000

2021

$2,520 (+3.6%)

$108,000 + $172,000

$280,000

2020

$2,433 (+7.8%)

$62,000 + $140,000

$202,000

2019

$2,258 (−8.7%)

$62,000 + $129,000

$191,000

2018

$2,474 (+10.1%)

$62,000 + $129,000

$191,000

2017

$2,247 (+3.1%)

$57,000 + $113,000

$170,000

2016

$2,180 (+7.4%)

$52,000 + $102,000

$154,000

2015

$2,029 (+5.2%)

$50,000 + $93,000

$143,000

2014

$1,929 (−3.9%)

$50,000 + $86,000

$136,000

2013

$2,008 (+6.5%)

$58,000 + $59,000

$117,000

2012

$1,886 (+14.6%)

$58,000 + $61,000

$119,000

2011

$1,645

$51,000 + $71,000

$122,000

2010

$1,644 (−4.6%)

$51,000 + $75,000

$126,000

2009

$1,723

$51,000 + $101,000

$152,000

*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

6,000 Sq. Ft.

Year renovated

—

Sq. Ft.

830

Year built

1942

Style

Single Family Residential

County

King County

APN

218820 0545

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 5, 2026.

Property details

Parking

Parking Information
Parking Features: Driveway, Off Street, RV Parking

Interior

Virtual Tour

Bedroom Information
# of Bedrooms: 2
# of Bedrooms Main: 2
Bedrooms Possible: 2

Bathroom Information
# of Full Baths (Total): 1
# of Main Level Bathrooms (Total): 1
# of Full Baths (Main): 1
# of Bathtubs: 1
# of Showers: 1

Room 1 Information
Room Type: Entry Hall
Room Level: Main

Room 2 Information
Room Type: Kitchen With Eating Space
Room Level: Main

Room 3 Information
Room Type: Living Room
Room Level: Main

Room 4 Information
Room Type: Primary Bedroom
Room Level: Main

Room 5 Information
Room Type: Utility Room
Room Level: Main

Room 6 Information
Room Type: Bathroom Full
Room Level: Main

Room 7 Information
Room Type: Bedroom
Room Level: Main

Basement Information
Basement Features: None

Heating & Cooling
Has Heating
Heating Information: Baseboard
Cooling Information: None

Interior Features
Interior Features: Laminate, Water Heater
Appliances: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Flooring: Laminate, Carpet
Appliances Included: Dishwasher(s),Dryer(s),Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)

Exterior

Building Information
Building Information: Built On Lot
Construction Materials: Wood
Roof: Composition

Exterior Features
Exterior Features: Wood, Wood Products

Property Information
Energy Source: Electric
Sq. Ft. Finished: 830
Style Code: 10 - 1 Story
Property Type: Residential
Property Sub Type: Single Family Residence
Has View

Land Information
Vegetation: Garden Space

Lot Information
MLS Lot Size Source: Public Records
Site Features: Cable TV,Deck,Fenced-Fully,Fenced-Partially,High Speed Internet,Outbuildings,RV Parking
Lot Features: Paved
Lot Size Units: Square Feet
Lot Size Acres: 0.2755
Elevation Units: Feet

Financial

Tax Information
Tax Annual Amount: $3,734
Tax Year: 2024

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

Utilities

Utility Information
Water Source: Public
Water Company: Lake Public
Power Company: PSE
Sewer: Septic Tank
Sewer Company: Septic
Water Heater Location: Storage Room
Water Heater Type: Electric/Tank

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
Directions: GPS Friendly.
Topography: Level,Partial Slope

Community Information
Senior Exemption: false

Public facts

Beds: 2
Baths: 1.0
Sq. Ft.: 830
Stories: 1.0
Lot Size: 6,000 square feet
Style: Single Family Residential
Year Built: 1942
Year Renovated: —
County: King County
APN: 218820 0545

Home facts updated by county records on Sep 5, 2026

Other

Listing Information
Buyer Brokerage Compensation: 2.5
Buyer Brokerage Compensation Type: %
Mls Status: Sold

Listing Date Information
On Market Date: Friday, March 21, 2025

Green Information
Power Production Type: Electric

Home Information
Living Area: 830
Living Area Units: Square Feet
Calculated Square Footage: 830
MLS Square Footage Source: County
Building Area Total: 830
Building Area Units: Square Feet
Foundation Details: Block
Structure Type: House
Levels: One
Entry Location: Main

Around this home

Schools

K - 12
Preschool & daycare

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

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
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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 88° 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

$458,000 – $554,000

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