1216 SW 331st Street, Federal Way, WA 98023
Home value
$734,100
$675,000 - $800,000
$3,448/mo
Owner options
$3,448/mo
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$4,859/mo
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$4,859/mo
Est. payment
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Zillow last checked:
Listing updated:
Pamela Davison,
Redfin
Stephanie Brown, 21016512
Coldwell Banker Bain
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Bedroom
- Level: Main
Other
- Level: Main
Bonus room
- Level: Main
Dining room
- Level: Main
Entry hall
- Level: Main
Family room
- Level: Main
Kitchen with eating space
- Level: Main
Living room
- Level: Main
Heating
- Fireplace, Fireplace Insert, Forced Air, Electric, Natural Gas
Cooling
- Has cooling: Yes
Appliances
- Included: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s), Water Heater: Tankless, Water Heater Location: Garage
Features
- Dining Room
- Flooring: Ceramic Tile, Hardwood, Carpet
- Doors: French Doors
- Windows: Double Pane/Storm Window, Skylight(s)
- Basement: None
- Number of fireplaces: 1
- Fireplace features: Gas, Main Level: 1, Fireplace
Interior area
- Total structure area: 2,530
- Total interior livable area: 2,530 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached Garage
- Attached garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Entry location: Main
- Patio & porch: Double Pane/Storm Window, Dining Room, Fireplace, French Doors, Jetted Tub, Security System, Skylight(s), Vaulted Ceiling(s), Walk-In Closet(s), Water Heater
- Spa features: Bath
- Has view: Yes
- View description: Territorial
Lot
- Size: 7,348 Square Feet
- Dimensions: 7350sf
- Features: Paved
Details
- Parcel number: 9264950120
- Zoning description: Jurisdiction: County
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Colonial,2 Story
- Property subtype: Single Family Residence
Materials
- Brick, Wood Siding
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Good
- Year built: 1989
Utilities & green energy
- Electric: Company: PSE
- Sewer: Sewer Connected, Company: Lakehaven
- Water: Public, Company: Lakehaven
- Utilities for property: Comcast
Community & HOA
Community
- Features: Park, Trail(s)
- Security: Security System
- Subdivision: Alderbrook
HOA
- Services included: Common Area Maintenance
- HOA fee: $275 annually
- HOA phone: 253-874-5250
Location
- Region: Federal Way
Financial & listing details
- Price per square foot: $296/sqft
- Tax assessed value: $693,000
- Annual tax amount: $6,641
- Date on market: 11/2/2025
- Cumulative days on market: 262 days
- Listing terms: Conventional,FHA,VA Loan
- Inclusions: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Price history
| Date | Event | Price |
|---|---|---|
| 10/10/2025 | Sold | $750,000$296/sqft |
Source: | ||
| 9/12/2025 | Pending sale | $750,000$296/sqft |
Source: | ||
| 9/4/2025 | Listed for sale | $750,000+97.4%$296/sqft |
Source: | ||
| 4/28/2006 | Sold | $380,000+68.9%$150/sqft |
Source: Public Record Report a problem | ||
| 2/10/1999 | Sold | $225,000$89/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,075 +6.5% | $693,000 +3.9% |
| 2024 | $6,641 +0.8% | $667,000 +10.6% |
| 2023 | $6,585 +3.2% | $603,000 -7.4% |
| 2022 | $6,380 +8.4% | $651,000 +25% |
| 2021 | $5,888 +7.9% | $521,000 +15% |
| 2020 | $5,456 +2.7% | $453,000 +1.6% |
| 2019 | $5,313 +3.7% | $446,000 |
| 2018 | $5,125 -8.9% | $446,000 +12.6% |
| 2017 | $5,624 +22.7% | $396,000 +10.6% |
| 2016 | $4,585 | $358,000 +7.5% |
| 2015 | $4,585 | $333,000 +5.4% |
| 2014 | $4,585 | $316,000 +19.2% |
| 2013 | $4,585 | $265,000 -1.1% |
| 2012 | -- | $268,000 -9.8% |
| 2011 | -- | $297,000 -8.3% |
| 2010 | -- | $324,000 |
| 2009 | -- | $324,000 -3.6% |
| 2007 | -- | $336,000 +6.3% |
| 2006 | -- | $316,000 +8.2% |
| 2005 | -- | $292,000 +25.9% |
| 2001 | $3,089 +1.6% | $232,000 +5.5% |
| 2000 | $3,041 | $220,000 |
Neighborhood: Alderbrook
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Nearby schools
GreatSchools rating
- 5/10Silver Lake Elementary SchoolGrades: PK-5Distance: 0.7 mi
- 4/10Illahee Middle SchoolGrades: 5-8Distance: 2 mi
- 4/10Decatur High SchoolGrades: 9-12Distance: 1.1 mi
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- Washington
- King County
- Federal Way
- 98023
- Alderbrook
- 1216 SW 331st Street