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  • Zillow Home logoZestimate®
    $574,500

    124 S 316th Pl, Federal Way, WA 98003

    4beds
    1,780sqft
    Single Family Residence
    Built in ----
    -- sqft lot
    $574,500 Zestimate®
    $323/sqft
    $3,253 Estimated rent

    Home value

    $574,500

    $546,000 - $603,000

    $3,253/mo

    Zestimate® history
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    What's special

    Private backyardContemporary finishesSleek vinyl plank flooringFreshly finished interiorsElegant window coveringsSpacious deckFully fenced yard

    Experience stylish modern living in this beautiful 4-bedroom, 3-bathroom home in a quiet Federal Way neighborhood. From the sleek vinyl plank flooring to the freshly finished interiors, every inch has been thoughtfully designed with comfort and convenience in mind. The kitchen shines with contemporary finishes, stainless steel appliances, open concept, and smart storage solutions. You'll also enjoy a spacious living area, elegant window coverings, and a private backyard with a spacious deck ideal for relaxing or entertaining. The fully fenced yard offers peace and privacy, while the two-car garage provides plenty of storage. Features a primary bedroom with its own primary bathroom. Home includes AC! Upstairs includes 3 bedrooms and 2 bathrooms. Downstairs includes a 4th room OR could be a flex room and an additional bathroom plus washer/dryer. Just minutes to shopping, dining, parks, and with easy access to I-5 for a smooth commute, this home checks all the boxes. Renter to pay water, sewer, garbage, gas, electricity, wifi, cable (as needed); Renter to do general landscaping. Landlord to cover roof & gutter cleaning and monthly pest maintenance (for preventative measures). Landlord needs to approve any pets and meet them first (constant barking dogs are not allowed in the neighborhood) Any renter 18 or older needs to have a background check and application completed. Renter pays for water, sewer, garbage, gas and electricity. Renter to do basic landscaping maintenance for the exterior. Landlord will cover roof and gutter cleaning and monthly pest/insect maintenance (for preventative measures). Regarding pets - some breeds are not allowed; landlord needs to meet pets before approval of a pet. Loud barking dogs are not allowed in the neighborhood. No kittens or puppies.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Zillow last checked:

    Listing updated:

    Source: Zillow Rentals

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer
    • Laundry: In Unit
    Features
    • Flooring: Hardwood
    Interior area
    • Total interior livable area: 1,780 sqft

    Property

    Parking
    • Parking features: Attached, Off Street
    • Has attached garage: Yes
    • Details: Contact manager
    Features
    • Exterior features: Bicycle storage, Electricity not included in rent, Garbage not included in rent, Gas not included in rent, Heating system: Forced Air, Sewage not included in rent, Water not included in rent
    Details
    • Parcel number: 3375300080

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence

    Community & HOA

    Community
    • Deposit fee: $3,200
    • Application fee: $50
    • Pet deposit fee: $500
    Location
    • Region: Federal Way

    Financial & listing details

    • Price per square foot: $323/sqft
    • Tax assessed value: $527,000
    • Annual tax amount: $5,463
    • Date on market: 7/11/2025
    • Date available: 07/12/2025
    • Lease term: 1 Year

    Price history

    DateEventPrice
    7/22/2025Listing removed$3,200$2/sqft
    Source: Zillow Rentals Report a problem
    7/12/2025Listed for rent$3,200$2/sqft
    Source: Zillow Rentals Report a problem
    8/10/2023Sold$380,000+81%$213/sqft
    Source: NWMLS as distributed by MLS GRID #2151229 Report a problem
    7/22/2003Sold$210,000$118/sqft
    Source: NWMLS as distributed by MLS GRID #23064673 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,463 +5.9%$527,000 +3.1%
    2024$5,157 +1.1%$511,000 +10.4%
    2023$5,103 $463,000 +123.7%
    2022-- $207,000
    2021$497 -6.5%$207,000
    2020$531 +0%$207,000
    2019$531 -1.8%$207,000
    2018$541 -86.3%$207,000 -24.7%
    2017$3,938 +29.6%$275,000 +17.5%
    2016$3,037 $234,000 +7.3%
    2015$3,037 $218,000 +5.3%
    2014$3,037 $207,000 +24%
    2013$3,037 $167,000 +5%
    2012-- $159,000 -18%
    2011-- $194,000 -13%
    2010-- $223,000
    2009-- $223,000 -2.6%
    2007-- $229,000 +7.5%
    2006-- $213,000 +8.1%
    2005-- $197,000 +27.9%
    2001$2,076 +3.6%$154,000 +7.7%
    2000$2,004 $143,000
    Find assessor info on the county website

    Neighborhood: Mirror Lake

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $574,500
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $574,500