OFF MARKET

Listed by Jens Stratton • Shelton Land & Homes. Bought with Keller Williams Realty Bothell.

Off market jan 2019 for $580K

$999,822

Est. refi paymentEst. refi $4,224/mo

•

3,480

sq ft

638 SW 294th St, Federal Way, WA 98023

About this home

HUGE PRICE REDUCTION! Outstanding panoramic view from both levels! Best upside potential on the market with instant equity. Great location, walking distance to boardwalk. New owners will enjoy adding their own updates to this well built home with good bones. Large lot features mature landscaping and plenty of parking. Daylight basement has potential for 5th bedroom and MIL. Ample storage with room to grow.

Single-familyProperty Type

1976Year Built

9,750 sq ftLot Size

$287Est. Price/Sq.Ft.

2 car garageParking

Listed by Jens Stratton • Shelton Land & Homes

Bought with Ron Manalo • Keller Williams Realty Bothell

Redfin checked: 3 minutes ago

•Source:NWMLS as Distributed by MLS Grid #1348375

Redfin Estimate

$999,822

$420K since sold in January 2019$13K since September

Recently sold homes
Estimate history

This home's estimate is 24.2% higher than the average sale price ($805K) of 6 comparable homes.

SOLD JUN 18, 2026
$960,000
A
5 beds3 baths3,820 sq ft
29646 2nd Ave SW, Federal Way, WA 98023
Listing provided by nwmls
SOLD SEP 22, 2026
$799,950
B
4 beds2.5 baths2,330 sq ft
308 S 296th Pl, Federal Way, WA 98003
Listing provided by nwmls
SOLD JUL 27, 2026
$730,000
C
4 beds3 baths2,360 sq ft
1207 S 293rd Pl, Federal Way, WA 98003
Listing provided by nwmls
SOLD MAY 11, 2026
$890,000
D
4 beds3 baths2,670 sq ft
29915 2nd Ave SW, Federal Way, WA 98023
Listing provided by nwmls
BOUGHT WITH REDFIN MAR 6, 2026
$750,000
E
4 beds2.5 baths2,500 sq ft
30013 2nd Ave SW, Federal Way, WA 98023
Listing provided by nwmls
BOUGHT WITH REDFIN MAR 31, 2026
$700,000
F
4 beds3 baths2,250 sq ft
739 SW 298TH Pl, Federal Way, WA 98023
Listing provided by nwmls

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Sell

$536,441

Est. take-home

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Refinance

Est. cash available

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Rent

$3,813/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

99.2%

0.1% MoM

Median sale price

$625K

$4K MoM

Avg. days on market

24d

6 days MoM

Recently sold homes

130

4 MoM

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3 beds2.5 baths2,010 sq ft
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3D WALKTHROUGH
$339,950
2 beds2 baths1,056 sq ft
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Laura Sinclair • eXp Realty
REDFIN OPEN TODAY, 1PM TO 3PM
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Redfin
$549,999
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$649,999
3 beds2 baths1,720 sq ft
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Alex Kondratyuk • Realty One Group Pacifica
3D WALKTHROUGH
$310,000
2 beds1 bath990 sq ft
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Janice Hussey • Simply Sound Homes
$555,000
2 beds2 baths1,670 sq ft
31867 48th Cir SW Unit 14A, Federal Way, WA 98023
Ramona Jones • Realogics Sotheby's Int'l Rlty
OPEN TODAY, 1PM TO 4PM
$495,000
4 beds3 baths2,000 sq ft
31711 25th Ave SW, Federal Way, WA 98023
Lori DeVore • Realogics Sotheby's Int'l Rlty
See all

Provided by Redfin

Sale history for 638 SW 294th St

Date

Event

Price

Jan 28, 2019

Sold (MLS) (Sold)

NWMLS as Distributed by MLS Grid #1348375

$580,000

$167/sq ft

Dec 21, 2018

Pending

NWMLS as Distributed by MLS Grid #1348375

—

Dec 4, 2018

Relisted (Active)

NWMLS as Distributed by MLS Grid #1348375

—

Nov 16, 2018

Pending (Pending Inspection)

NWMLS as Distributed by MLS Grid #1348375

—

Nov 14, 2018

Price Changed

NWMLS as Distributed by MLS Grid #1348375

$599,000

$172/sq ft

Oct 26, 2018

Price Changed

NWMLS as Distributed by MLS Grid #1348375

$619,000

$178/sq ft

Sep 14, 2018

Price Changed

NWMLS as Distributed by MLS Grid #1348375

$639,000

$184/sq ft

Aug 18, 2018

Listed (Active)

NWMLS as Distributed by MLS Grid #1348375

$669,000

$192/sq ft

Mar 15, 2004

Sold (MLS)

NWMLS as Distributed by MLS Grid #24009937

$425,000

$122/sq ft

Jan 25, 2004

Listed

NWMLS as Distributed by MLS Grid #24009937

$420,000

$121/sq ft

Year

Property tax

Land + Additions

Assessment*

2026

$10,105 (+6.3%)

$405,000 + $602,000

$1,007,000

2025

$9,504 (+0.2%)

$405,000 + $602,000

$1,007,000

2024

$9,485 (+3.3%)

$323,000 + $647,000

$970,000

2023

$9,187 (+6.0%)

$293,000 + $584,000

$877,000

2022

$8,665 (+10.0%)

$299,000 + $647,000

$946,000

2021

$7,878 (+4.5%)

$272,000 + $502,000

$774,000

2020

$7,540 (−10.3%)

$250,000 + $410,000

$660,000

2019

$8,408 (−11.4%)

$242,000 + $496,000

$738,000

2018

$9,485 (+11.6%)

$242,000 + $496,000

$738,000

2017

$8,502 (+6.6%)

$227,000 + $446,000

$673,000

2016

$7,972 (+9.5%)

$227,000 + $376,000

$603,000

2015

$7,281 (−0.7%)

$211,000 + $330,000

$541,000

2014

$7,330 (+6.5%)

$197,000 + $309,000

$506,000

2013

$6,882 (+10.9%)

$188,000 + $272,000

$460,000

2012

$6,206 (−10.1%)

$224,000 + $197,000

$421,000

2011

$6,906 (+3.3%)

$293,000 + $241,000

$534,000

2010

$6,686 (−5.1%)

$293,000 + $241,000

$534,000

2009

$7,048

$293,000 + $354,000

$647,000

Tax history for 638 SW 294th St

Year

Property tax

Land + Additions

Assessment*

2026

$10,105 (+6.3%)

$405,000 + $602,000

$1,007,000

2025

$9,504 (+0.2%)

$405,000 + $602,000

$1,007,000

2024

$9,485 (+3.3%)

$323,000 + $647,000

$970,000

2023

$9,187 (+6.0%)

$293,000 + $584,000

$877,000

2022

$8,665 (+10.0%)

$299,000 + $647,000

$946,000

2021

$7,878 (+4.5%)

$272,000 + $502,000

$774,000

2020

$7,540 (−10.3%)

$250,000 + $410,000

$660,000

2019

$8,408 (−11.4%)

$242,000 + $496,000

$738,000

2018

$9,485 (+11.6%)

$242,000 + $496,000

$738,000

2017

$8,502 (+6.6%)

$227,000 + $446,000

$673,000

2016

$7,972 (+9.5%)

$227,000 + $376,000

$603,000

2015

$7,281 (−0.7%)

$211,000 + $330,000

$541,000

2014

$7,330 (+6.5%)

$197,000 + $309,000

$506,000

2013

$6,882 (+10.9%)

$188,000 + $272,000

$460,000

2012

$6,206 (−10.1%)

$224,000 + $197,000

$421,000

2011

$6,906 (+3.3%)

$293,000 + $241,000

$534,000

2010

$6,686 (−5.1%)

$293,000 + $241,000

$534,000

2009

$7,048

$293,000 + $354,000

$647,000

*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

2.5

Stories

Lot width

—

Lot depth

—

Lot size

9,750 Sq. Ft.

Year renovated

—

Sq. Ft.

3,480

Year built

1976

Style

Single Family Residential

County

King County

APN

119600 1898

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 4, 2026.

Property details

Parking

Parking Information
Covered Spaces: 2
Garage Spaces: 2
Has Attached Garage
Has Garage

Interior

Bedroom Information
# of Bedrooms: 4
# of Bedrooms Main: 4
Bedrooms Possible: 4

Bathroom Information
# of Full Baths (Total): 1
# of Three Quarter Baths (Total): 2
# of Full Baths (Main): 1
# of Three Quarter Baths (Main): 1
# of Three Quarter Baths (Lower): 1

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

Room 2 Information
Room Type: Bathroom Three Quarter
Room Level: Lower

Room 3 Information
Room Type: Great Room
Room Level: Main

Room 4 Information
Room Type: Living Room
Room Level: Main

Room 5 Information
Room Type: Rec Room
Room Level: Lower

Room 6 Information
Room Type: Bedroom
Room Level: Main

Room 7 Information
Room Type: Bedroom
Room Level: Main

Room 8 Information
Room Type: Family Room
Room Level: Main

Room 9 Information
Room Type: Bedroom
Room Level: Main

Room 10 Information
Room Type: Utility Room
Room Level: Main

Room 11 Information
Room Type: Kitchen With Eating Space
Room Level: Main

Room 12 Information
Room Type: Bonus Room
Room Level: Lower

Room 13 Information
Room Type: Den/Office
Room Level: Lower

Room 14 Information
Room Type: Bathroom Three Quarter
Room Level: Main

Room 15 Information
Room Type: Dining Room
Room Level: Main

Room 16 Information
Room Type: Bathroom Full
Room Level: Main

Room 17 Information
Room Type: Primary Bedroom
Room Level: Main

Basement Information
Basement Features: Daylight, Finished

Fireplace Information
Has Fireplace
# of Fireplaces: 2
Fireplace Features: Wood Burning
# of Fireplaces Upper: 2

Heating & Cooling
Has Heating

Interior Features
Interior Features: Ceramic Tile, Hardwood, Wall to Wall Carpet, Wet Bar, Wine Cellar, Built-In Vacuum, Ceiling Fan(s), Dining Room, Vaulted Ceiling(s), Walk-in Closet(s), Fireplace, Water Heater
Flooring: Ceramic Tile, Hardwood, Vinyl, Carpet
Appliances Included: Dishwasher,Garbage Disposal,Range/Oven,Refrigerator

Exterior

Building Information
Building Information: Built On Lot
Construction Methods: Standard Frame
Roof: Composition

Exterior Features
Exterior Features: Brick, Wood

Property Information
Sq. Ft. Finished: 3,480
Style Code: 16 - 1 Story w/Bsmnt.
Property Type: Residential
Property Sub Type: Single Family Residence
Property Condition: Average
Has View

Lot Information
Lot Number: 30,31,32
MLS Lot Size Source: County
Site Features: Cable TV,Deck
Zoning Jurisdiction: City
Lot Size Units: Square Feet
Lot Size Acres: 0.2238
Elevation Units: Feet

Financial

Tax Information
Tax Annual Amount: $9,485
Tax Year: 2018

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

Utilities

Utility Information
Water Source: Public
Water Company: Lake Haven
Power Company: PSE
Sewer: Sewer Connected
Sewer Company: Lake Have
Utilities: Cable Connected, Sewer Connected, Electric
Water Heater Location: basement
Water Heater Type: electric

Location

Multi-Unit Information
Furnished: Unfurnished

School Information
High School District: Federal Way

Location Information
Bus Line Nearby: true
Directions: Dash Point Road to 8th Ave. S.W. to R on 296th L on 7th straight into driveway at corner of SW 294th and 7th Ave. S.W.
Topography: PartialSlope

Community Information
Senior Exemption: false

Public facts

Beds: 4
Baths: 2.5
Sq. Ft.: 3,480
Stories: 1.0
Lot Size: 9,750 square feet
Style: Single Family Residential
Year Built: 1976
Year Renovated: —
County: King County
APN: 119600 1898

Home facts updated by county records on Sep 4, 2026

Other

Listing Information
Mls Status: Sold

Listing Date Information
On Market Date: Saturday, August 18, 2018

Green Information
Power Production Type: Electric

Home Information
Living Area: 3,480
Living Area Units: Square Feet
Calculated Square Footage: 3480
MLS Square Footage Source: Realist
Building Area Total: 3480
Building Area Units: Square Feet
Foundation Details: Poured Concrete
Building Name: Buena Add
Structure Type: House
Levels: One
Entry Location: Main

Around this home

Schools

Adelaide Elementary School

Public PreK-5 • Assigned • 0.9mi

4/10

Lakota Middle School

Public 6-8 • Assigned • 1.4mi

5/10

Federal Way Senior High School

Public 9-12 • Assigned • 1.6mi

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...
4 days 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!
1 week ago • Federal Way
Andrew Maglalang-Weakley
Redfin Premier agent • Listing Agent
468 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

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 8.8 hours in June and 1.7 hours in December, placing it below the U.S. average for solar exposure.

8.8 hrs

1.7 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$950,000 – $1.15M

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