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    • Listed by: Skyline Properties, Inc. • Sergey Lobodzinskiy
    Bought with: Skyline Properties, Inc.
    $701,000

    2012 S 331st Street, Federal Way, WA 98003

    4beds
    2,000sqft
    Single Family Residence
    Built in 1978
    8,698 Square Feet Lot
    $686,100 Zestimate®
    $351/sqft
    $3,657 Estimated rent

    Home value

    $686,100

    $631,000 - $748,000

    $3,657/mo

    Zestimate® history
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    What's special

    New bathroomsSpacious garageAll appliancesNew cabinetsNew flooring
    An Oasis in the heart of Federal Way! This home has been refreshed with new flooring, new cabinets, and new bathrooms, creating a bright and welcoming living space. Features include all appliances, a private studio with separate entrance, spacious garage, large lot with tranquil pond, and a glass-covered area for relaxation or entertainment. No HOA! Potential $8,000 down payment or closing cost assistance available from preferred lender for first time Homeowners. Convenient location near freeway & future light rail.

    Zillow last checked:

    Listing updated:

    Listed by:

    Sergey Lobodzinskiy,

    Skyline Properties, Inc.

    Bought with:

    Nancy Struthers, 86420

    Skyline Properties, Inc.

    Source: NWMLS as distributed by MLS GRID,MLS#: 2429740MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 4
    • Main level bathrooms: 2
    • Main level bedrooms: 3
    Primary bedroom
    • Level: Main
    Bedroom
    • Level: Main
    Bedroom
    • Level: Main
    Bathroom full
    • Level: Main
    Bathroom full
    • Level: Lower
    Kitchen with eating space
    • Level: Main
    Kitchen with eating space
    • Level: Lower
    Living room
    • Level: Main
    Other
    • Level: Lower
    Utility room
    • Level: Main
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Forced Air
    Appliances
    • Included: Dishwasher(s), Disposal, Dryer(s), Microwave(s), Refrigerator(s), Washer(s), Garbage Disposal
    Features
    • Bath Off Primary
    • Flooring: Laminate
    • Windows: Double Pane/Storm Window
    • Basement: Finished
    • Has fireplace: No
    Interior area
    • Total structure area: 2,000
    • Total interior livable area: 2,000 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached Garage, RV Parking
    • Attached garage spaces: 2
    Features
    • Levels: Multi/Split
    • Patio & porch: Second Kitchen, Bath Off Primary, Double Pane/Storm Window
    • Has view: Yes
    • View description: Territorial
    Lot
    • Size: 8,698 Square Feet
    • Features: Curbs, Deck, Fenced-Fully, Patio, Propane, Rooftop Deck, RV Parking
    • Topography: Level
    Details
    • Additional structures: ADU Beds: 1, ADU Baths: 1
    • Parcel number: 4131500020
    • Zoning description: Jurisdiction: City
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional,Split Entry
    • Property subtype: Single Family Residence
    Materials
    • Wood Siding
    • Foundation: Poured Concrete
    • Roof: Composition
    Condition
    • Very Good
    • Year built: 1978
    • Major remodel year: 1978

    Utilities & green energy

    • Sewer: Sewer Connected
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Federal Way
    HOA
    • HOA phone: 206-229-5027
    Location
    • Region: Federal Way

    Financial & listing details

    • Price per square foot: $351/sqft
    • Tax assessed value: $458,000
    • Annual tax amount: $5,204
    • Date on market: 11/5/2025
    • Cumulative days on market: 259 days
    • Listing terms: Conventional,FHA,VA Loan
    • Inclusions: Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Washer(s)

    Price history

    DateEventPrice
    10/10/2025Sold$701,000+0.2%$351/sqft
    Source: NWMLS as distributed by MLS GRID #2429740 Report a problem
    9/8/2025Pending sale$699,777$350/sqft
    Source: NWMLS as distributed by MLS GRID #2429740 Report a problem
    9/5/2025Listed for sale$699,777+48.9%$350/sqft
    Source: NWMLS as distributed by MLS GRID #2429740 Report a problem
    7/8/2025Sold$470,000-6%$235/sqft
    Source: NWMLS as distributed by MLS GRID #2388063 Report a problem
    6/14/2025Pending sale$500,000$250/sqft
    Source: NWMLS as distributed by MLS GRID #2388063 Report a problem
    6/5/2025Listed for sale$500,000+284.6%$250/sqft
    Source: NWMLS as distributed by MLS GRID #2388063 Report a problem
    1/22/1997Sold$130,000$65/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,820 -7.4%$458,000 -11.1%
    2024$5,204 +1.8%$515,000 +11%
    2023$5,114 +3.3%$464,000 -7.4%
    2022$4,953 +10.2%$501,000 +27.2%
    2021$4,494 +11.2%$394,000 +18.7%
    2020$4,041 +5.1%$332,000 +3.8%
    2019$3,844 +9.3%$320,000 +5.6%
    2018$3,517 -6.4%$303,000 +15.6%
    2017$3,756 +23.1%$262,000 +17%
    2016$3,051 $224,000 +1.4%
    2015$3,051 $221,000 +6.3%
    2014$3,051 $208,000 +20.9%
    2013$3,051 $172,000 +2.4%
    2012-- $168,000 -11.6%
    2011-- $190,000 -7.8%
    2010-- $206,000
    2009-- $206,000 -3.7%
    2007-- $214,000 +19.6%
    2006-- $179,000
    2005-- $179,000 +7.2%
    2001$2,245 +5%$167,000 +9.2%
    2000$2,139 $153,000
    Find assessor info on the county website

    Neighborhood: 98003

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    Estimated market value
    $686,100
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    Estimated market value
    $686,100

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