This home's estimate is 5.9% higher than the average sale price ($773K) of 6 comparable homes.
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- Sale & tax history
- Property details
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509 SW 331st St, Federal Way, WA 98023
About this home
Welcome to The Ridge. Here is an opportunity to live in a desirable community and an elegant family home. Open floor plan is easy for entertaining & raising a family. The home boasts soaring ceilings, hardwood and tile floors, new roof. Formal living & dining rooms, family room with fireplace. Master bdrm offers 5 piece bath and cozy fireplace. Office features built-ins and hidden room. Large fenced backyard w/deck & power awning. Quiet cul-de-sac. Walking distance to private community park.

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Market trends in 98023, WA
Last updated August 2026
Buyer's Market
Seller's Market
Seller's market
- NEW$675,0005 beds3.5 baths2,700 sq ft34231 31st Ave SW, Federal Way, WA 98023Kris Huber • Windermere RE West Campus Inc
- NEW$339,5002 beds1 bath1,000 sq ft31500 33rd Pl SW Unit Q203, Federal Way, WA 98023Daniel Speltz • Better Properties Summit
- 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
See all
Provided by Redfin
Sale history for 509 SW 331st St
$143/sq ft
$143/sq ft
$149/sq ft
$154/sq ft
$156/sq ft
$74/sq ft
Tax history for 509 SW 331st 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
- Covered Spaces: 3
- Garage Spaces: 3
- Has Attached Garage
- Has Garage
Interior
- Virtual Tour
- Bedroom Information
- # of Bedrooms: 3
- # of Beds Upper: 3
- Bedrooms Possible: 3
- Bathroom Information
- # of Full Baths (Total): 2
- # of Half Baths (Total): 1
- # of Full Baths (Upper): 2
- # of Half Baths (Main): 1
- Room 1 Information
- Room Type: Bathroom Full
- Room Level: Upper
- Room 2 Information
- Room Type: Living Room
- Room Level: Main
- Room 3 Information
- Room Type: Bedroom
- Room Level: Upper
- Room 4 Information
- Room Type: Dining Room
- Room Level: Main
- Room 5 Information
- Room Type: Family Room
- Room Level: Main
- Room 6 Information
- Room Type: Bedroom
- Room Level: Upper
- Room 7 Information
- Room Type: Primary Bedroom
- Room Level: Upper
- Room 8 Information
- Room Type: Den/Office
- Room Level: Main
- Room 9 Information
- Room Type: Utility Room
- Room Level: Upper
- Room 10 Information
- Room Type: Bathroom Full
- Room Level: Upper
- Room 11 Information
- Room Type: Bathroom Half
- Room Level: Main
- Room 12 Information
- Room Type: Kitchen With Eating Space
- Room Level: Main
- Basement Information
- Basement Features: None
- Fireplace Information
- Has Fireplace
- # of Fireplaces: 2
- Interior Features
- Interior Features: Forced Air, Ceramic Tile, Hardwood, Wall to Wall Carpet, Laminate, Ceiling Fan(s), Dining Room, French Doors, Hot Tub/Spa, Security System, Skylight(s), Vaulted Ceiling(s), Walk-in Closet(s), Fireplace, Water Heater
- Appliances: Dryer, Trash Compactor, Washer
- Flooring: Ceramic Tile, Hardwood, Laminate, Vinyl, Carpet
- Appliances Included: Dishwasher,Dryer,Garbage Disposal,Microwave,Range/Oven,Refrigerator,Trash Compactor,Washer
Exterior
- Building Information
- Building Information: Built On Lot
- Roof: Composition
- Exterior Features
- Exterior Features: Wood
- Pool Information
- Has Spa
- Property Information
- Sq. Ft. Finished: 2,690
- Style Code: 12 - 2 Story
- Property Type: Residential
- Property Sub Type: Single Family Residence
- Has View
- Land Information
- Vegetation: Garden Space
- Lot Information
- Site Features: Cable TV,Deck,Fenced-Partially,Gas Available,Hot Tub/Spa,Outbuildings,Patio
- Lot Features: Cul-De-Sac, Curbs, Paved, Sidewalk
- Lot Size Units: Square Feet
- Lot Size Acres: 0.3096
- Elevation Units: Feet
Financial
- Tax Information
- Tax Annual Amount: $4,956
- Tax Year: 2010
- Financial Information
- Listing Terms: Cash Out, Conventional, FHA, Private Financing Available, VA Loan
- Buyer Financing: Conventional
Utilities
- Utility Information
- Water Source: Public
- Water Company: Lake Heven
- Power Company: PSE
- Sewer: Sewer Connected
- Sewer Company: Lake Haven
- Utilities: Cable Connected, Natural Gas Available, Sewer Connected, Natural Gas Connected
- Water Heater Type: Gas
Location
- Multi-Unit Information
- Furnished: Unfurnished
- HOA Information
- Association Fee: $46
- Association Fee Frequency: Monthly
- School Information
- Elementary School: Panther Lake Elem
- Middle Or Junior High School: Illahee Jnr High
- High School: Todd Beamer High
- High School District: Federal Way
- Location Information
- Bus Line Nearby: true
- Directions: I-5 exit 320th W on 320th Left on 1st Ave Right on 330th Left on 6th Ave Left on 331st Home at end of street.
- Topography: Level
- Community Information
- Senior Exemption: false
- Community Features: CCRs
Public facts
- Beds: 3
- Baths: 2.5
- Sq. Ft.: 2,690
- Stories: 2.0
- Lot Size: 0.31 acres
- Style: Single Family Residential
- Year Built: 1986
- Year Renovated: —
- County: King County
- APN: 729801 0050
Other
- Listing Information
- Mls Status: Sold
- Listing Date Information
- On Market Date: Monday, September 13, 2010
- Green Information
- Power Production Type: Natural Gas
- Home Information
- Living Area: 2,690
- Living Area Units: Square Feet
- Calculated Square Footage: 2690
- MLS Square Footage Source: Metro scan
- Building Area Total: 2690
- Building Area Units: Square Feet
- Foundation Details: Poured Concrete
- Building Name: The Ridge
- Structure Type: House
- Levels: Two
Around this home
Schools
Public PreK-5 • Assigned • 0.9mi
Public 5-8 • Assigned • 1.9mi
Public 9-12 • Assigned • 2.3mi
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 509 SW 331st St
| Address | Redfin Estimate |
|---|---|
4 Beds | 2.5 Baths | 3338 Sq. Ft. | $791,365 |
4 Beds | 3 Baths | 2860 Sq. Ft. | $1,065,236 |
| Address | Redfin Estimate |
|---|---|
4 Beds | 2.5 Baths | 2740 Sq. Ft. | $781,627 |
5 Beds | 3 Baths | 3680 Sq. Ft. | $1,005,421 |
| Address | Redfin Estimate |
|---|---|
4 Beds | 3.5 Baths | 2820 Sq. Ft. | $873,481 |
4 Beds | 3 Baths | 3030 Sq. Ft. | $787,482 |
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