This rare rambler features 3 bedrooms and 1 bathroom with a bonus room you can use as an office space. The kitchen has a separate dining area and the living room is bright and airy. This home has a huge flat lot, perfect for gardeners and people with green thumbs. There is a large shed and RV Parking space for those handy folks and travelers. This property is so versatile in many ways! Investors this may also be a good opportunity for you!!! Close to all shops and restaurants that Federal Way has to offer. Don't miss out on this opportunity to own this gem. Property is sold as is.
Sold
Listed by: Virani Real Estate Advisors • Jennifer Kim
Bought with: Coldwell Banker Bain
$420,000
2221 SW 332nd Street, Federal Way, WA 98023
3beds
1,045sqft
Single Family Residence
Built in 1962
8,398 Square Feet Lot
$457,700 Zestimate®
$402/sqft
$2,536 Estimated rent
Home value
$457,700
$435,000 - $481,000
$2,536/mo
Zestimate® history
Owner options
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$2,536/mo
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$2,585/mo
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List your homeWhat's special
Rv parking spaceBonus roomSeparate dining areaHuge flat lotClose to all shopsLarge shed
Zillow last checked:
Listing updated:
Listed by:
Jennifer Kim,
Virani Real Estate Advisors
Bought with:
Rhia Zeta, 21030026
Coldwell Banker Bain
Source: NWMLS as distributed by MLS GRID,MLS#: 2127531
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 3
Bedroom
- Level: Main
Bedroom
- Level: Main
Bedroom
- Level: Main
Bathroom full
- Level: Main
Den office
- Level: Main
Heating
- Forced Air, Electric, Natural Gas
Cooling
- Forced Air
Appliances
- Included: Dishwasher_, Dryer, GarbageDisposal_, Refrigerator_, StoveRange_, Washer, Dishwasher, Garbage Disposal, Refrigerator, StoveRange, Water Heater: Storage Water Heater, Water Heater Location: Closet in the Kitchen
Features
- Flooring: Hardwood, Laminate
- Has fireplace: No
Interior area
- Total structure area: 1,045
- Total interior livable area: 1,045 sqft
Property
Parking
- Parking features: Driveway, Off Street
Features
- Levels: One
- Stories: 1
- Patio & porch: Hardwood, Laminate, Water Heater
- Has view: Yes
- View description: Territorial
Lot
- Size: 8,398 Square Feet
- Features: Paved, Cable TV, Fenced-Partially, High Speed Internet, Patio
- Topography: Level
- Residential vegetation: Garden Space
Details
- Parcel number: 8945000100
- Zoning description: Jurisdiction: County
- Special conditions: Standard
- Other equipment: Leased Equipment: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: 1 Story
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Year built: 1962
- Major remodel year: 1962
Utilities & green energy
- Electric: Company: Puget Sound Energy
- Sewer: Sewer Connected, Company: Lakehaven Utility District
- Water: Public, Company: Lakehaven Utility District
Community & HOA
Community
- Subdivision: Twin Lakes
Location
- Region: Federal Way
Financial & listing details
- Price per square foot: $402/sqft
- Tax assessed value: $424,000
- Annual tax amount: $4,029
- Date on market: 7/15/2023
- Cumulative days on market: 1102 days
- Listing terms: Conventional,FHA,VA Loan
- Inclusions: Dishwasher, Dryer, GarbageDisposal, Refrigerator, StoveRange, Washer, LeasedEquipment
Price history
| Date | Event | Price |
|---|---|---|
| 9/18/2023 | Sold | $420,000-6.7%$402/sqft |
Source:  NWMLS as distributed by MLS GRID #2127531 Report a problem | ||
| 8/17/2023 | Pending sale | $449,999$431/sqft |
Source: NWMLS as distributed by MLS GRID #2127531 Report a problem | ||
| 7/21/2023 | Price change | $449,999-6.3%$431/sqft |
Source: NWMLS as distributed by MLS GRID #2127531 Report a problem | ||
| 6/19/2023 | Price change | $480,000-4%$459/sqft |
Source: NWMLS as distributed by MLS GRID #NWM2127531 Report a problem | ||
| 6/15/2023 | Listed for sale | $499,999+281.7%$478/sqft |
Source: NWMLS as distributed by MLS GRID #NWM2127531 Report a problem | ||
| 4/3/2014 | Sold | $131,000+0.8%$125/sqft |
Source: NWMLS as distributed by MLS GRID #585690 Report a problem | ||
| 3/1/2014 | Pending sale | $130,000$124/sqft |
Source: RE/MAX PROPERTIES #585690 Report a problem | ||
| 1/31/2014 | Listed for sale | $130,000-8.7%$124/sqft |
Source: RE/MAX PROPERTIES #585690 Report a problem | ||
| 9/11/2013 | Sold | $142,400-16.2%$136/sqft |
Source: Public Record Report a problem | ||
| 9/5/2013 | Listed for sale | -- |
Source: Auction.com Report a problem | ||
| 6/8/2004 | Sold | $170,000+60.4%$163/sqft |
Source: NWMLS as distributed by MLS GRID #24059035 Report a problem | ||
| 11/21/2000 | Sold | $106,000+13.4%$101/sqft |
Source: Public Record Report a problem | ||
| 5/3/2000 | Sold | $93,500$89/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,400 +5.8% | $424,000 +3.2% |
| 2024 | $4,157 +0.4% | $411,000 +10.5% |
| 2023 | $4,140 +2.7% | $372,000 -7.9% |
| 2022 | $4,030 +8.2% | $404,000 +24.7% |
| 2021 | $3,726 +26.7% | $324,000 +36.1% |
| 2020 | $2,941 +5.7% | $238,000 +3.9% |
| 2019 | $2,783 +8.2% | $229,000 +4.6% |
| 2018 | $2,573 -7% | $219,000 +14.7% |
| 2017 | $2,767 +21.9% | $191,000 +10.4% |
| 2016 | $2,271 | $173,000 +7.5% |
| 2015 | $2,271 | $161,000 +5.2% |
| 2014 | $2,271 | $153,000 +14.2% |
| 2013 | $2,271 | $134,000 +7.2% |
| 2012 | -- | $125,000 -18.3% |
| 2011 | -- | $153,000 -13.1% |
| 2010 | -- | $176,000 |
| 2009 | -- | $176,000 +8.6% |
| 2007 | -- | $162,000 +7.3% |
| 2006 | -- | $151,000 +7.9% |
| 2005 | -- | $140,000 +29.6% |
| 2001 | $1,479 +5.7% | $108,000 +10.2% |
| 2000 | $1,399 | $98,000 |
Find assessor info on the county website
Neighborhood: Twin Lakes
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Nearby schools
GreatSchools rating
- 4/10Olympic View Elementary SchoolGrades: K-7Distance: 0.4 mi
- 3/10Technology Access Foundation Academy at SaghalieGrades: 6-12Distance: 0.6 mi
- 4/10Decatur High SchoolGrades: 9-12Distance: 0.9 mi
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Estimated market value
$457,700
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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
$457,700
- Washington
- King County
- Federal Way
- 98023
- Twin Lakes
- 2221 SW 332nd Street
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