BOUGHT WITH REDFIN OCT 27, 2025

Listed by Colin Dalrymple • Windermere Real Estate/East. Bought with Redfin.

Off market oct 2025 for $975K

$970,605

Est. refi paymentEst. refi $6,486/mo

•

4,385

sq ft

480 SW 345th St, Federal Way, WA 98023

About this home

This storybook Cape Cod in Campus Highlands is embraced by a shy half acre of blossoms and greenbelt privacy. Dormered rooflines and shutters lend timeless charm, while inside oak floors, crown molding, and sunlit rooms create a warm backdrop for everyday living. The kitchen with white quartz countertops and newer appliances flows to the family room and Trex deck overlooking a park-like yard where apples and pears ripen. Retreat to the serene primary suite or the versatile bonus room above the 3-car garage. Downstairs, unwind by the glow of the pellet stove or savor a glass from the wine cellar. With A/C, smart lighting, and a security system, this home blends comfort, character, and community steps from Panther Lake and the aquatic center.

Single-familyProperty Type

1990Year Built

0.47 acresLot Size

$221Est. Price/Sq.Ft.

3 car garageParking

Buyer's agent

Dawne Talbott-Lloyd Redfin

Listed by Colin Dalrymple • Windermere Real Estate/East

Listed by Mariah Van Halm • Windermere Real Estate/East

Redfin checked: a minute ago

•Source:NWMLS as Distributed by MLS Grid #2437705

Redfin Estimate

$970,605

$4,395 since sold in October 2025$28K since September

Recently sold homes
Estimate history

This home's estimate is 10.3% lower than the average sale price ($1.08M) of 5 comparable homes.

SOLD AUG 28, 2026
$950,000
A
4 beds3.5 baths3,910 sq ft
34612 4th Pl SW, Federal Way, WA 98023
SOLD BY REDFIN MAR 26, 2026
$1,090,000
B
4 beds4 baths3,820 sq ft
423 SW 348th Ct, Federal Way, WA 98023
BOUGHT WITH REDFIN JUN 5, 2026
$1,550,000
C
5 beds4.5 baths5,469 sq ft
34529 5th Pl SW, Federal Way, WA 98023
SOLD JUN 23, 2026
$739,000
D
4 beds3 baths2,530 sq ft
34829 7th Ave SW, Federal Way, WA 98023
SOLD OCT 24, 2025
$1,082,000
E
5 beds3.5 baths3,880 sq ft
417 SW 350th Pl, Federal Way, WA 98023

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Earn from this home

Sell

$133,310

Est. take-home

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Refinance

Est. cash available

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Rent

$4,275/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

99.3%

0.9% MoM

Median sale price

$629K

$15K MoM

Avg. days on market

18d

8 days MoM

Recently sold homes

134

10 MoM

New listings for sale

NEW
34012 13th Ct SW, Federal Way, WA 98023
$875,000
5 beds3.5 baths3,160 sq ft
34012 13th Ct SW, Federal Way, WA 98023
Jay Won • WeLakeside
LISTED BY REDFIN
$495,000
3 beds1 bath1,040 sq ft
30628 2nd Ave SW, Federal Way, WA 98023
Redfin
$540,000
3 beds1.5 baths1,190 sq ft
763 SW 301st Pl, Federal Way, WA 98023
Majsan Champagne • Real Broker LLC
EARLY ACCESS
$625,000
4 beds2.5 baths1,950 sq ft
35111 13th Pl SW, Federal Way, WA 98023
OPEN SUN, 9AM TO 10:30AM
$549,000
3 beds2 baths1,012 sq ft
30032 5th Ave SW, Federal Way, WA 98023
Anna Rogov • COMPASS
COMING SOON
$310,000
2 beds1 bath990 sq ft
31500 33rd Pl SW Unit J101, Federal Way, WA 98023
Janice Hussey • Simply Sound Homes
3D WALKTHROUGH
$625,000
3 beds2.5 baths1,770 sq ft
1105 SW 352nd St, Federal Way, WA 98023
Jim McConville • Berkshire Hathaway HS NW
COMING SOON
$600,000
4 beds2.5 baths2,220 sq ft
2232 SW 307th St, Federal Way, WA 98023
Teddy Atterbury • Windermere Real Estate/HLC
$640,000
4 beds2 baths1,593 sq ft
31446 28 Pl SW, Federal Way, WA 98023
Au Nguyen Marshall • Goldenrod Realty
$359,950
3 beds2.5 baths1,283 sq ft
4802 SW 317th Ln Unit C, Federal Way, WA 98023
Shelly Baehler • RentLucky
See all

Provided by Redfin

Sale history for 480 SW 345th St

Date

Event

Price

Oct 27, 2025

Sold (MLS) (Closed)

NWMLS as Distributed by MLS Grid #2437705

$975,000

$222/sq ft

Sep 27, 2025

Pending

NWMLS as Distributed by MLS Grid #2437705

—

Sep 25, 2025

Listed (Active)

NWMLS as Distributed by MLS Grid #2437705

$975,000

$222/sq ft

Nov 21, 2018

Sold

Public Records

$610,000

$139/sq ft

Nov 21, 2018

Sold (MLS) (Sold)

NWMLS as Distributed by MLS Grid #1367255

$628,000

$143/sq ft

Nov 4, 2018

Pending

NWMLS as Distributed by MLS Grid #1367255

—

Sep 28, 2018

Listed (Active)

NWMLS as Distributed by MLS Grid #1367255

$634,950

$145/sq ft

May 22, 1990

Sold

Public Records

$82,500

$19/sq ft

Year

Property tax

Land + Additions

Assessment*

2026

$8,108 (+1.0%)

$257,000 + $519,000

$776,000

2025

$8,032 (+1.3%)

$257,000 + $519,000

$776,000

2024

$7,930 (+3.2%)

$247,000 + $560,000

$807,000

2023

$7,683 (+13.9%)

$206,000 + $524,000

$730,000

2022

$6,744 (+2.5%)

$228,000 + $560,000

$788,000

2021

$6,580 (+2.5%)

$200,000 + $399,000

$599,000

2020

$6,421 (+3.7%)

$154,000 + $395,000

$549,000

2019

$6,193 (−8.9%)

$154,000 + $387,000

$541,000

2018

$6,795 (+10.5%)

$154,000 + $387,000

$541,000

2017

$6,147 (+3.1%)

$140,000 + $340,000

$480,000

2016

$5,964 (+8.0%)

$128,000 + $306,000

$434,000

2015

$5,521 (−13.7%)

$122,000 + $281,000

$403,000

2014

$6,401 (−3.6%)

$122,000 + $260,000

$382,000

2013

$6,640 (+6.8%)

$126,000 + $275,000

$401,000

2012

$6,219 (+4.8%)

$126,000 + $280,000

$406,000

2011

$5,935 (+0.3%)

$147,000 + $311,000

$458,000

2010

$5,919 (−4.3%)

$147,000 + $325,000

$472,000

2009

$6,187

$147,000 + $420,000

$567,000

Tax history for 480 SW 345th St

Year

Property tax

Land + Additions

Assessment*

2026

$8,108 (+1.0%)

$257,000 + $519,000

$776,000

2025

$8,032 (+1.3%)

$257,000 + $519,000

$776,000

2024

$7,930 (+3.2%)

$247,000 + $560,000

$807,000

2023

$7,683 (+13.9%)

$206,000 + $524,000

$730,000

2022

$6,744 (+2.5%)

$228,000 + $560,000

$788,000

2021

$6,580 (+2.5%)

$200,000 + $399,000

$599,000

2020

$6,421 (+3.7%)

$154,000 + $395,000

$549,000

2019

$6,193 (−8.9%)

$154,000 + $387,000

$541,000

2018

$6,795 (+10.5%)

$154,000 + $387,000

$541,000

2017

$6,147 (+3.1%)

$140,000 + $340,000

$480,000

2016

$5,964 (+8.0%)

$128,000 + $306,000

$434,000

2015

$5,521 (−13.7%)

$122,000 + $281,000

$403,000

2014

$6,401 (−3.6%)

$122,000 + $260,000

$382,000

2013

$6,640 (+6.8%)

$126,000 + $275,000

$401,000

2012

$6,219 (+4.8%)

$126,000 + $280,000

$406,000

2011

$5,935 (+0.3%)

$147,000 + $311,000

$458,000

2010

$5,919 (−4.3%)

$147,000 + $325,000

$472,000

2009

$6,187

$147,000 + $420,000

$567,000

*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

3.5

Stories

1.5

Lot width

—

Lot depth

—

Lot size

0.47 Acres

Year renovated

—

Sq. Ft.

4,430

Year built

1990

Style

Single Family Residential

County

King County

APN

132170 0020

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 4, 2026.

Property details

Parking

Parking Information
Covered Spaces: 3
Parking Features: Driveway, Attached Garage, Off Street
Garage Spaces: 3
Has Attached Garage
Has Garage
Garage Square Feet: 886

Interior

Virtual Tour

Bedroom Information
# of Bedrooms: 4
# of Beds Upper: 3
# of Beds Lower: 1

Bathroom Information
# of Full Baths (Total): 3
# of Half Baths (Total): 1
# of Main Level Bathrooms (Total): 1
# of Full Baths (Upper): 2
# of Full Baths (Lower): 1
# of Half Baths (Main): 1
# of Bathtubs: 3
# of Showers: 3

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

Room 2 Information
Room Level: Lower

Room 3 Information
Room Type: Rec Room
Room Level: Lower

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

Room 5 Information
Room Type: Bedroom
Room Level: Lower

Room 6 Information
Room Type: Bathroom Full

Room 7 Information
Room Type: Bedroom

Room 8 Information
Room Type: Bedroom

Room 9 Information
Room Type: Bathroom Full

Room 10 Information
Room Type: Primary Bedroom

Room 12 Information
Room Type: Bonus Room

Room 13 Information
Room Type: Utility Room
Room Level: Main

Room 14 Information
Room Type: Bathroom Half
Room Level: Main

Room 15 Information
Room Type: Family Room
Room Level: Main

Room 16 Information
Room Type: Kitchen With Eating Space
Room Level: Main

Room 17 Information
Room Type: Dining Room
Room Level: Main

Room 18 Information
Room Type: Den/Office
Room Level: Main

Room 19 Information
Room Type: Living Room
Room Level: Main

Basement Information
Basement Features: Daylight, Finished

Fireplace Information
Has Fireplace
# of Fireplaces: 2
Fireplace Features: Pellet Stove, Wood Burning
# of Fireplaces Main: 1
# of Fireplaces Lower: 1

Heating & Cooling
Has Heating
Heating Information: Forced Air, Stove/Free Standing
Has Cooling
Cooling Information: Central A/C

Interior Features
Interior Features: Built-In Vacuum, Dining Room, Fireplace, High Tech Cabling, Loft, Security System, Walk-in Closet(s), Water Heater, Wine Cellar
Appliances: Dishwasher(s), Disposal, Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Flooring: Ceramic Tile, Hardwood, Laminate, Vinyl, Carpet
Appliances Included: Dishwasher(s),Dryer(s),Garbage Disposal,Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)

Exterior

Building Information
Building Information: Built On Lot
Construction Materials: Cement Plank, Wood
Roof: Composition

Exterior Features
Exterior Features: Cement Planked, Wood, Wood Products

Property Information
Energy Source: Electric,Natural Gas,Pellet
Sq. Ft. Finished: 4,385
Style Code: 18 - 2 Stories w/Bsmnt
Property Type: Residential
Property Sub Type: Single Family Residence

Land Information
Vegetation: Fruit Trees, Garden Space

Lot Information
Lot Number: 2
MLS Lot Size Source: King County
Site Features: Cable TV,Deck,Fenced-Partially,Gas Available,High Speed Internet,Patio,Sprinkler System
Zoning Jurisdiction: City
Lot Features: Curbs, Paved, Sidewalk
Lot Size Units: Square Feet
Lot Size Acres: 0.4694
Elevation Units: Feet

Financial

Tax Information
Tax Annual Amount: $8,032
Tax Year: 2025

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

Utilities

Utility Information
Water Source: Public
Water Company: Lakehaven Water and Sewer District
Power Company: Puget Sound Energy
Sewer: Sewer Connected
Sewer Company: Lakehaven Water and Sewer District
Water Heater Location: Garage
Water Heater Type: Gas

Location

HOA Information
Has HOA
Association Fee: $52
Association Fee Frequency: Monthly
Association Fee Includes: Common Area Maintenance

School Information
Elementary School: Enterprise Elem
Middle Or Junior High School: Illahee Jnr High
High School: Todd Beamer High
High School District: Federal Way

Location Information
Directions: From I-5, turn West on S 348th St which becomes SW Campus Dr. Left on 6th Ave SW. Left onto SW 345th Place. Home will be on the left.
Topography: Level,Partial Slope,Terraces

Community Information
Senior Exemption: false
Community Features: CCRs

Public facts

Beds: 4
Baths: 3.5
Sq. Ft.: 4,430
Stories: 1.5
Lot Size: 0.47 acres
Style: Single Family Residential
Year Built: 1990
Year Renovated: —
County: King County
APN: 132170 0020

Home facts updated by county records on Sep 4, 2026

Other

Listing Information
Buyer Brokerage Compensation: 3
Buyer Brokerage Compensation Type: %
Mls Status: Sold

Listing Date Information
On Market Date: Thursday, September 25, 2025

Green Information
Power Production Type: Electric, Natural Gas, Pellet

Home Information
Living Area: 4,385
Calculated Square Footage: 4385
MLS Square Footage Source: Per Appraisal
Building Area Total: 4385
Building Area Units: Square Feet
Foundation Details: Poured Concrete
Building Name: Campus Highlands
Builder Name: Leonard Custom Builders
Structure Type: House
Levels: Two
Security Features: Security System
Entry Location: Main

Around this home

Schools

Enterprise Elementary School

Public PreK-5 • Assigned • 0.4mi

5/10

Illahee Middle School

Public 5-8 • Assigned • 1.1mi

4/10

Todd Beamer High School

Public 9-12 • Assigned • 1.6mi

3/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

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, 15 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

$923,000 – $1.12M

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Home values near 480 SW 345th St

Data from public records.

Address	Redfin Estimate
430 SW 345th Place, Federal Way, WA 4 Beds \| 2.5 Baths \| 3890 Sq. Ft.	$1,028,145
470 SW 345th Place, Federal Way, WA 5 Beds \| 3.5 Baths \| 4620 Sq. Ft.	$1,162,010

Address	Redfin Estimate
419 SW 345th Place, Federal Way, WA 4 Beds \| 2.5 Baths \| 3781 Sq. Ft.	$1,052,752
512 SW 345th Place, Federal Way, WA 4 Beds \| 2.5 Baths \| 2910 Sq. Ft.	$878,143

Address	Redfin Estimate
439 SW 345th Place, Federal Way, WA 4 Beds \| 2.5 Baths \| 3840 Sq. Ft.	$1,150,109
460 SW 345th Place, Federal Way, WA 4 Beds \| 2.5 Baths \| 3330 Sq. Ft.	$824,372

Property information provided by NWMLS as Distributed by MLS Grid when last listed in 2025. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 98023, WA

Sale history for 480 SW 345th St

Tax history for 480 SW 345th St

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 98023

Home values near 480 SW 345th St

More real estate resources