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  • Listed by: COMPASS • Isaac Ortiz
    Bought with: COMPASS
    $560,500

    2102 SW 322nd Street, Federal Way, WA 98023

    4beds
    2,060sqft
    Single Family Residence
    Built in 1964
    0.26 Acres Lot
    $559,800 Zestimate®
    $272/sqft
    $3,475 Estimated rent

    Home value

    $559,800

    $521,000 - $605,000

    $3,475/mo

    Zestimate® history
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    What's special

    Generous living spaceFunctional layoutSpacious corner lot
    Located on a spacious corner lot in the desirable Twin Lakes area, this as-is property offers generous living space, a functional layout, and incredible potential for its next owner. The home could benefit from some cosmetic updates and minor repairs throughout, making it an excellent opportunity for buyers looking to add their own personal touch or investors seeking value. A portion of the garage has been converted into a non-conforming bedroom, providing additional flexibility for guests, a home office, or bonus room. Outside, the large corner lot offers ample parking, privacy, and plenty of outdoor space to enjoy. Conveniently located near schools, parks, shopping, dining, and major commuter routes, this is a fantastic opportunity to own a versatile home in the sought-after Twin Lakes community. Bring your vision and make it your own.

    Zillow last checked:

    Listing updated:

    Listed by:

    Isaac Ortiz,

    COMPASS,

    Laura Lynn,

    COMPASS

    Bought with:

    David Spalding, 73862

    COMPASS

    Laura Lynn, 24070

    COMPASS

    Source: NWMLS as distributed by MLS GRID,MLS#: 2566056MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 1
    • 3/4 bathrooms: 1
    • 1/2 bathrooms: 1
    • Main level bathrooms: 2
    • Main level bedrooms: 3
    Primary bedroom
    • Level: Main
    Bedroom
    • Level: Main
    Bedroom
    • Level: Main
    Bedroom
    • Level: Lower
    Bathroom full
    • Level: Main
    Bathroom three quarter
    • Level: Lower
    Other
    • Level: Main
    Bonus room
    • Level: Lower
    Den office
    • Level: Lower
    Dining room
    • Level: Main
    Family room
    • Level: Main
    Kitchen with eating space
    • Level: Main
    Living room
    • Level: Lower
    Heating
    • Fireplace, Forced Air, Electric, Natural Gas
    Cooling
    • None
    Appliances
    • Included: Dishwasher, Dryer, Refrigerator, Stove(s)/Range(s), Washer, Dishwasher(s), Dryer(s), Refrigerator(s), Washer(s)
    Features
    • Dining Room
    • Flooring: Hardwood, Laminate
    • Windows: Dbl Pane/Storm Window
    • Number of fireplaces: 2
    • Fireplace features: Gas, Wood Burning, Lower Level: 1, Main Level: 1, Fireplace
    Interior area
    • Total structure area: 2,060
    • Total interior livable area: 2,060 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Driveway, Attached Garage
    • Has attached garage: Yes
    • Covered spaces: 2
    • Uncovered spaces: 4
    Features
    • Levels: Multi/Split
    • Patio & porch: Dbl Pane/Storm Window, Dining Room, Fireplace
    Lot
    • Size: 0.26 Acres
    • Features: Corner Lot, Dead End Street, Deck
    Details
    • Parcel number: 9324300070
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Modern,Split Entry
    • Property subtype: Single Family Residence
    Materials
    • Wood Siding
    • Foundation: Block
    • Roof: Composition
    Condition
    • Year built: 1964

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Federal Way
    Location
    • Region: Federal Way

    Financial & listing details

    • Price per square foot: $272/sqft
    • Tax assessed value: $550,000
    • Annual tax amount: $5,374
    • Date on market: 8/6/2026
    • Listing terms: Conventional
    • Inclusions: Dishwasher(s), Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)

    Price history

    DateEventPrice
    9/10/2026Sold$560,500$272/sqft
    Source: NWMLS as distributed by MLS GRID #2566056 Report a problem
    8/9/2026Pending sale$560,500$272/sqft
    Source: NWMLS as distributed by MLS GRID #2566056 Report a problem
    8/6/2026Listed for sale$560,500$272/sqft
    Source: NWMLS as distributed by MLS GRID #2566056 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,696 +6%$550,000 +3.2%
    2024$5,375 +1.1%$533,000 +10.4%
    2023$5,315 +2.6%$483,000 -8%
    2022$5,181 +8.1%$525,000 +24.7%
    2021$4,791 +12.4%$421,000 +19.9%
    2020$4,263 +5.5%$351,000 +4.2%
    2019$4,042 +8%$337,000 +4.3%
    2018$3,742 -7.3%$323,000 +14.5%
    2017$4,035 +22.5%$282,000 +10.6%
    2016$3,293 $255,000 +7.6%
    2015$3,293 $237,000 +5.3%
    2014$3,293 $225,000 +27.1%
    2013$3,293 $177,000 +7.3%
    2012-- $165,000 -18.3%
    2011-- $202,000 -12.9%
    2010-- $232,000
    2009-- $232,000 -1.7%
    2007-- $236,000 +7.3%
    2006-- $220,000 +7.8%
    2005-- $204,000 +41.7%
    2001$1,946 +3.3%$144,000 +7.5%
    2000$1,883 $134,000
    Find assessor info on the county website

    Neighborhood: Twin Lakes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Olympic View Elem
    • Middle: Saghalie Jnr High
    • High: Decatur High

    Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $559,800
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $559,800