This home's estimate is 13.5% higher than the average sale price ($770K) of 6 comparable homes.
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515 SW 331st St, Federal Way, WA 98023
About this home
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Market trends in 98023, WA
Last updated August 2026
Buyer's Market
Seller's Market
Seller's market
- OPEN TODAY, 2PM TO 4PM$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
- REDFIN OPEN SAT, 11AM TO 1PM
- OPEN SAT, 2PM TO 5PM$550,0003 beds3 baths1,507 sq ft30637 1st Pl SW, Federal Way, WA 98023Tanya Franzen-Garrett • Marketplace Sotheby's Intl Rty
- OPEN SUN, 11AM TO 1:30PM$699,9005 beds3 baths2,730 sq ft4203 SW 328th St, Federal Way, WA 98023Avinesh Pillay • Skyline Properties, Inc.
- COMING SOON$599,0004 beds4 baths4,500 sq ft31233 22nd Ave SW, Federal Way, WA 98023Christel Osterstrom • BCR LLC
- OPEN SAT, 11AM TO 1PM$875,0004 beds3 baths2,750 sq ft31357 43rd Pl SW, Federal Way, WA 98023Carly Peterson • Windermere Abode
- OPEN SAT, 11AM TO 1PM$729,9995 beds3 baths2,160 sq ft31758 SW 14th Way, Federal Way, WA 98023Kamal Singh • John L. Scott, Inc
- OPEN SAT, 2PM TO 4PM
- $284,0002 beds1.5 baths1,184 sq ft1725 SW 318th Pl Unit 49A, Federal Way, WA 98023Kyle Walker • COMPASS
See all
Provided by Redfin
Sale history for 515 SW 331st St
$96/sq ft
$90/sq ft
Tax history for 515 SW 331st St
*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: 2
- # of 1/2 Baths: 1
- # of 3/4 Baths: 1
- Heating & Cooling
- Heating Fuel Type: Gas
- Heating Type: Forced Air
- Fireplace Information
- # of Fireplaces: 2
- Has Fireplace
Exterior
- Exterior Information
- Physical Condition: Good
- Building Construction Quality: Good
- Building Type: Single Family
- Property Information
- Subdivision Name: RIDGE DIV 02 THE
- Living Sq. Ft: 2,820
- Ground Floor Sq. Ft: 1,370
- Building Sq. Ft: 3,560
- # of Stories: 2
- Legal Description: RIDGE DIV NO 02 THE PLAT BLOCK: PLAT LOT: 6
- Parking & Garage Information
- Parking Type: Attached Garage
- Garage/Parking Sq. Ft: 740
- Garage / Carport Type: Attached
- Lot Information
- # of Buildings: 1
- Land Sq. Ft: 10,680
- Legal Lot Number: 6
- School Tax District: FEDERAL WAY #210
- Municipality Name: FEDERAL WAY
- Acres: 0.2452
- Zoning Code: RS9.6
- County Use Description: SINGLE FAMILY(RES USE/ZONE)
- Utility Information
- Sewer Type: Public
- Water Service Type: Public
Financial
- Assessor Information
- Assessment Year: 2025
Public facts
- Beds: 4
- Baths: 3.5
- Sq. Ft.: 2,820
- Stories: 2.0
- Lot Size: 10,680 square feet
- Style: Single Family Residential
- Year Built: 1986
- Year Renovated: —
- County: King County
- APN: 729801 0060
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 515 SW 331st St
| Address | Redfin Estimate |
|---|---|
4 Beds | 2.5 Baths | 3005 Sq. Ft. | $932,208 |
3 Beds | 2.5 Baths | 2500 Sq. Ft. | $793,241 |
| Address | Redfin Estimate |
|---|---|
4 Beds | 2.5 Baths | 3338 Sq. Ft. | $791,365 |
3 Beds | 2.5 Baths | 2690 Sq. Ft. | $818,675 |
| Address | Redfin Estimate |
|---|---|
4 Beds | 2.5 Baths | 2740 Sq. Ft. | $781,627 |
4 Beds | 3 Baths | 2860 Sq. Ft. | $1,065,437 |
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