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.
Pending
Listed by: COMPASS • Isaac Ortiz
$560,500
2102 SW 322nd Street, Federal Way, WA 98023
4beds
2,060sqft
Single Family Residence
Built in 1964
0.26 Acres Lot
$564,500 Zestimate®
$272/sqft
$-- HOA
What's special
Generous living spaceFunctional layoutSpacious corner lot
- 17 days |
- 546 |
- 47 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Isaac Ortiz,
COMPASS,
Laura Lynn,
COMPASS
Source: NWMLS as distributed by MLS GRID,MLS#: 2566056
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
Bedroom
- Level: Main
Bedroom
- Level: Main
Bedroom
- Level: Lower
Bathroom full
- Level: Main
Bathroom three quarter
- Level: Lower
Other
- Level: Main
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: 6/11/2026
- Cumulative days on market: 74 days
- Listing terms: Conventional
- Inclusions: Dishwasher(s), Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Estimated market value
$564,500
$536,000 - $593,000
$3,389/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/9/2026 | Pending sale | $560,500$272/sqft |
Source:  NWMLS as distributed by MLS GRID #2566056 Report a problem | ||
| 8/6/2026 | Listed for sale | $560,500$272/sqft |
Source: NWMLS as distributed by MLS GRID #2566056 Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Twin Lakes
Nearby schools
GreatSchools rating
- 4/10Olympic View Elementary SchoolGrades: K-7Distance: 0.4 mi
- 4/10Decatur High SchoolGrades: 9-12Distance: 0.4 mi
- 3/10Technology Access Foundation Academy at SaghalieGrades: 6-12Distance: 1.1 mi
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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