OFF MARKET

Listed by Janet Nelson • FirstPoint Real Estate LLC. Bought with AgencyOne.

Off market aug 2021 for $550K

$625,393

Est. refi paymentEst. refi $2,974/mo

•

2 ba

•

1,914

sq ft

861 SW 345th St, Federal Way, WA 98023

About this home

Custom built Rambler in highly desired neighborhood of Campus Highlands located on a cul-de-sac. Open concept from kitchen to family rm w/vaulted ceilings, skylights for extra light & get cozy next to brick see through gas fireplace in this 3bdrm, 2 bath hm. Mstr ste w/full bath, his & her walk-in closet. French drs open to office/bedrm. Slider off family rm allows you to entertain guests or sit back & relax on your beautiful trex deck, while admiring fenced manicured yrd w/a view of the mtn.

Single-familyProperty Type

1989Year Built

10,317 sq ftLot Size

$327Est. Price/Sq.Ft.

2 car garageParking

Listed by Janet Nelson • FirstPoint Real Estate LLC

Bought with James Kwon • AgencyOne

Source:NWMLS as Distributed by MLS Grid #1507890

Redfin Estimate

$625,393

$75K since sold in August 2021$4,000 since October

Recently sold homes
Estimate history

This home's estimate is 9.8% higher than the average sale price ($570K) of 6 comparable homes.

SOLD SEP 1, 2026
$570,000
A
3 beds2 baths1,790 sq ft
34504 8th Ave SW, Federal Way, WA 98023
Listing provided by nwmls
SOLD JUL 30, 2026
$550,000
B
3 beds2 baths1,200 sq ft
1010 SW 348th Pl, Federal Way, WA 98023
Listing provided by nwmls
SOLD OCT 19, 2026
$565,000
C
3 beds2 baths1,450 sq ft
1341 SW 348th St, Federal Way, WA 98023
Listing provided by nwmls
SOLD JUN 5, 2026
$560,000
D
3 beds2.5 baths1,800 sq ft
156 S 358th St, Federal Way, WA 98003
Listing provided by nwmls
SOLD JUN 10, 2026
$542,000
E
3 beds2 baths1,460 sq ft
34806 10th Pl SW, Federal Way, WA 98023
Listing provided by nwmls
SOLD APR 22, 2026
$630,000
F
3 beds2.5 baths1,740 sq ft
1027 SW 348th Pl, Federal Way, WA 98023
Listing provided by nwmls

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Earn from this home

Sell

$183,746

Est. take-home

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Refinance

Est. cash available

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Rent

$3,159/mo

Redfin rental estimate

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Market trends in 98023, WA

Last updated October 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

New listings for sale

$520,000
3 beds3 baths1,507 sq ft
30637 1st Pl SW, Federal Way, WA 98023
Tanya Franzen-Garrett • Marketplace Sotheby's Intl Rty
VIDEO TOUR
$625,000
3 beds3 baths1,820 sq ft
4232 SW 328th Ct, Federal Way, WA 98023
Irina Stoyan • Skyline Properties, Inc.
$274,995
3 beds1.5 baths1,017 sq ft
4601 SW 320th St, Federal Way, WA 98023
Justin Cambra • eXp Realty
$860,000
4 beds2.5 baths3,000 sq ft
35402 7th Ave SW, Federal Way, WA 98023
Jonathan Byrd • Keller Williams Eastside
$675,000
3 beds2.5 baths2,010 sq ft
4123 SW 322nd St, Federal Way, WA 98023
Mary King • Berkshire Hathaway HS NW
$498,500
3 beds2 baths940 sq ft
33215 36th Ave SW, Federal Way, WA 98023
Jan Lewis • Windermere Real Estate/East
$789,360
2 beds2 baths1,420 sq ft
31204 8th Ave SW, Federal Way, WA 98023
Hao Sun • John L. Scott, Inc.
FOR SALE BY OWNER
$635,000
4 beds2 baths1,760 sq ft
35803 18th Ave SW, Federal Way, WA 98023
$648,000
4 beds2.5 baths2,383 sq ft
34113 13th Pl SW, Federal Way, WA 98023
Agnes Chan Low • Prime Metropolis Properties
$600,000
4 beds2.5 baths2,220 sq ft
2232 SW 307th St, Federal Way, WA 98023
Teddy Atterbury • Windermere Real Estate/HLC
See all

Provided by Redfin

Sale history for 861 SW 345th St

Year

Property tax

Land + Additions

Assessment*

2026

$6,253 (+6.5%)

$179,000 + $434,000

$613,000

2025

$5,873 (+0.3%)

$179,000 + $434,000

$613,000

2024

$5,855 (+3.3%)

$172,000 + $418,000

$590,000

2023

$5,666 (+8.3%)

$144,000 + $390,000

$534,000

2022

$5,230 (+14.8%)

$160,000 + $416,000

$576,000

2021

$4,556 (+2.9%)

$140,000 + $321,000

$461,000

2020

$4,427 (+8.2%)

$101,000 + $275,000

$376,000

2019

$4,090 (−8.7%)

$101,000 + $253,000

$354,000

2018

$4,481 (+10.4%)

$101,000 + $253,000

$354,000

2017

$4,058 (+3.0%)

$92,000 + $222,000

$314,000

2016

$3,941 (+7.6%)

$84,000 + $200,000

$284,000

2015

$3,661 (+0.9%)

$80,000 + $184,000

$264,000

2014

$3,630 (−3.6%)

$80,000 + $171,000

$251,000

2013

$3,767 (+6.6%)

$87,000 + $138,000

$225,000

2012

$3,535 (+7.4%)

$87,000 + $141,000

$228,000

2011

$3,292 (+0.1%)

$90,000 + $161,000

$251,000

2010

$3,288 (−4.5%)

$90,000 + $169,000

$259,000

2009

$3,444

$90,000 + $222,000

$312,000

Tax history for 861 SW 345th St

Year

Property tax

Land + Additions

Assessment*

2026

$6,253 (+6.5%)

$179,000 + $434,000

$613,000

2025

$5,873 (+0.3%)

$179,000 + $434,000

$613,000

2024

$5,855 (+3.3%)

$172,000 + $418,000

$590,000

2023

$5,666 (+8.3%)

$144,000 + $390,000

$534,000

2022

$5,230 (+14.8%)

$160,000 + $416,000

$576,000

2021

$4,556 (+2.9%)

$140,000 + $321,000

$461,000

2020

$4,427 (+8.2%)

$101,000 + $275,000

$376,000

2019

$4,090 (−8.7%)

$101,000 + $253,000

$354,000

2018

$4,481 (+10.4%)

$101,000 + $253,000

$354,000

2017

$4,058 (+3.0%)

$92,000 + $222,000

$314,000

2016

$3,941 (+7.6%)

$84,000 + $200,000

$284,000

2015

$3,661 (+0.9%)

$80,000 + $184,000

$264,000

2014

$3,630 (−3.6%)

$80,000 + $171,000

$251,000

2013

$3,767 (+6.6%)

$87,000 + $138,000

$225,000

2012

$3,535 (+7.4%)

$87,000 + $141,000

$228,000

2011

$3,292 (+0.1%)

$90,000 + $161,000

$251,000

2010

$3,288 (−4.5%)

$90,000 + $169,000

$259,000

2009

$3,444

$90,000 + $222,000

$312,000

*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: 1
# of 3/4 Baths: 1

Heating & Cooling
Heating Fuel Type: Gas
Heating Type: Forced Air

Fireplace Information
# of Fireplaces: 1
Has Fireplace

Exterior

Exterior Information
Physical Condition: Average
Building Construction Quality: Good
Building Type: Single Family

Property Information
Subdivision Name: CAMPUS HIGHLANDS DIV 01
Living Sq. Ft: 1,914
Ground Floor Sq. Ft: 1,914
Building Sq. Ft: 2,180
# of Stories: 1
Legal Description: CAMPUS HIGHLANDS DIV NO 01 PLAT BLOCK: PLAT LOT: 38

Parking & Garage Information
Parking Type: Attached Garage
Garage/Parking Sq. Ft: 266
Garage / Carport Type: Attached

Lot Information
# of Buildings: 1
Land Sq. Ft: 10,317
Legal Lot Number: 38
School Tax District: FEDERAL WAY #210
Municipality Name: FEDERAL WAY
Acres: 0.2368
Zoning Code: RS7.2
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: 2.0
Sq. Ft.: 1,914
Stories: 1.0
Lot Size: 10,317 square feet
Style: Single Family Residential
Year Built: 1989
Year Renovated: —
County: King County
APN: 132170 0380

Home facts updated by county records on Sep 4, 2026

Around this home

Schools

Sherwood Forest Elementary School

Public PreK-5 • Assigned • 0.2mi

5/10

Illahee Middle School

Public 5-8 • Assigned • 1.1mi

4/10

Todd Beamer High School

Public 9-12 • Assigned • 1.8mi

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...
2 weeks ago • Federal Way
Shauna Rumel
Redfin agent
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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!
2 weeks ago • Federal Way
Andrew Maglalang-Weakley
Redfin Premier agent • Listing Agent
469 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 8.9 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

$595,000 – $720,000

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Listing provided by NWMLS as Distributed by MLS Grid

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Listing provided by NWMLS as Distributed by MLS Grid

New listings for sale in 98023

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Listing provided by NWMLS as Distributed by MLS Grid

VIDEO TOUR

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Private lot • Quiet cul-de-sac • Modern updates

Listing provided by NWMLS as Distributed by MLS Grid

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$675,000

3 beds2.5 baths2,010 sq ft

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Lakefront living • Tranquil lake views • Private bath

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$498,500

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33215 36th Ave SW, Federal Way, WA 98023

Cedar siding • Vinyl windows • Built-in shelving

Listing provided by NWMLS as Distributed by MLS Grid

$789,360

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Lakefront living • Gated entry • Waterfront escape

Listing provided by NWMLS as Distributed by MLS Grid

FOR SALE BY OWNER

$635,000

4 beds2 baths1,760 sq ft

35803 18th Ave SW, Federal Way, WA 98023

Built 1993 • Listed 7 days

$648,000

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34113 13th Pl SW, Federal Way, WA 98023

6,310 sq ft lot • Garage • Built 2005

Listing provided by NWMLS as Distributed by MLS Grid

Home values near 861 SW 345th St

Data from public records.

Address	Redfin Estimate
865 Southwest 345th St, Federal Way, WA 3 Beds \| 2.5 Baths \| 1870 Sq. Ft.	$661,527
830 Southwest 345th St, Federal Way, WA 4 Beds \| 2.5 Baths \| 2060 Sq. Ft.	$666,243

Address	Redfin Estimate
824 Southwest 345th St, Federal Way, WA 4 Beds \| 2.5 Baths \| 2290 Sq. Ft.	$654,489
841 Southwest 345th St, Federal Way, WA 3 Beds \| 2.5 Baths \| 2240 Sq. Ft.	$679,944

Address	Redfin Estimate
836 Southwest 345th St, Federal Way, WA 4 Beds \| 3.5 Baths \| 1913 Sq. Ft.	$644,742
853 Southwest 345th St, Federal Way, WA 3 Beds \| 2.5 Baths \| 1880 Sq. Ft.	$562,984

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About this home

Redfin Estimate

Earn from this home

Market trends in 98023, WA

Sale history for 861 SW 345th St

Tax history for 861 SW 345th St

Property details

Around this home

Schools

Lifestyle

Local insights from Redfin agents

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 98023

Home values near 861 SW 345th St

More real estate resources