This home's estimate is 7.8% lower than the average sale price ($514K) of 6 comparable homes.
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- Sale & tax history
- Property details
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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!

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Market trends in 98023, WA
Last updated August 2026
Buyer's Market
Seller's Market
Seller's market
- COMING SOON$680,0003 beds2.5 baths2,558 sq ft33913 12th Pl SW, Federal Way, WA 98023Laura Melsness • eXp Realty
- $795,5005 beds3 baths3,240 sq ft36009 9th Ct SW, Federal Way, WA 98023Chuck Hushek • Charles Taylor Properties LLC
- VIDEO TOUR$949,0004 beds3.5 baths2,580 sq ft30017 24th Ave SW, Federal Way, WA 98023Jennifer Dovey • Windermere RE South Sound, Inc
- 3D WALKTHROUGH
- $885,0004 beds2 baths2,750 sq ft29860 Marine View Dr SW, Federal Way, WA 98023Kathleen Gendron • Berkshire Hathaway HS NW
- $549,0003 beds2 baths1,450 sq ft1341 SW 348th St, Federal Way, WA 98023Monique Bloedel • Windermere RE West Campus Inc
- COMING SOON$540,0003 beds1.5 baths1,190 sq ft763 SW 301st Pl, Federal Way, WA 98023Majsan Champagne • Real Broker LLC
- LISTED BY REDFIN
- 3D WALKTHROUGH$550,0003 beds3 baths1,507 sq ft30637 1st Pl SW, Federal Way, WA 98023Tanya Franzen-Garrett • Marketplace Sotheby's Intl Rty
See all
Provided by Redfin
Sale history for 409 SW 368th St
$566/sq ft
$554/sq ft
$2/sq ft
$2/sq ft
$351/sq ft
$337/sq ft
$164/sq ft
$111/sq ft
$73/sq ft
$13/sq ft
Tax history for 409 SW 368th St
*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
- 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
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
Public 5-8 • Assigned • 0.4mi
Public 9-12 • Assigned • 1.2mi
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
6 days above 88° expected this year, 12 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 409 SW 368th St
| Address | Redfin Estimate |
|---|---|
3 Beds | 1.5 Baths | 1340 Sq. Ft. | $465,337 |
5 Beds | 2.5 Baths | 2670 Sq. Ft. | $677,730 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 1 Baths | 1740 Sq. Ft. | $638,619 |
3 Beds | 2 Baths | 2660 Sq. Ft. | $650,979 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 3 Baths | 2470 Sq. Ft. | $683,759 |
2 Beds | 2 Baths | 1000 Sq. Ft. | $325,835 |
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