This beautifully updated home offers both comfort and convenience. Mere blocks from Olympic View K-8, this home features a brand new roof, new electrical panel, fresh interior & exterior paint, & newly shampooed carpets throughout. With all the heavy lifting done, it's truly move-in ready. The large corner lot gives you plenty of outdoor space, perfect for gardening, entertaining, or simply relaxing in your own private backyard. Inside, the open living areas are flooded with natural light, creating a warm and welcoming space. Act now to secure lender incentives available for CC or Interest Rate Buydown w/ Seller's preferred lender.
Sold
Listed by: Redfin • Jessica Birch
Bought with: Skyline Properties, Inc.
Tax assessed value
$430,000
2316 SW 328th Street, Federal Way, WA 98023
3beds
1,160sqft
Single Family Residence
Built in 1962
9,008 Square Feet Lot
$420,900 Zestimate®
$371/sqft
$2,488 Estimated rent
Home value
$420,900
$387,000 - $459,000
$2,488/mo
Zestimate® history
Owner options
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$2,640/mo
Est. payment
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$2,640/mo
Est. payment
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List your homeWhat's special
Private backyardFlooded with natural lightPlenty of outdoor spaceLarge corner lotBrand new roofNewly shampooed carpetsWarm and welcoming space
Zillow last checked:
Listing updated:
Listed by:
Jessica Birch,
Redfin
Bought with:
Petr Borishkevich, 85359
Skyline Properties, Inc.
Source: NWMLS as distributed by MLS GRID,MLS#: 2426987
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 3
Bedroom
- Level: Main
Bedroom
- Level: Main
Bedroom
- Level: Main
Bathroom full
- Level: Main
Dining room
- Level: Main
Entry hall
- Level: Main
Kitchen with eating space
- Level: Main
Living room
- Level: Main
Utility room
- Level: Main
Heating
- Forced Air, Electric
Cooling
- None
Appliances
- Included: Dishwasher(s), Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Features
- Dining Room
- Flooring: Vinyl, Carpet
- Windows: Double Pane/Storm Window
- Basement: None
- Has fireplace: No
Interior area
- Total structure area: 1,160
- Total interior livable area: 1,160 sqft
Property
Parking
- Parking features: Off Street
Features
- Levels: One
- Stories: 1
- Entry location: Main
- Patio & porch: Double Pane/Storm Window, Dining Room
Lot
- Size: 9,008 Square Feet
- Features: Corner Lot, Paved, Cable TV, Deck, Fenced-Fully, High Speed Internet, Patio
- Topography: Level
- Residential vegetation: Garden Space
Details
- Parcel number: 8945100090
- Special conditions: Standard
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
- Sewer: Sewer Connected
- Water: Public
Community & HOA
Community
- Subdivision: Federal Way
Location
- Region: Federal Way
Financial & listing details
- Price per square foot: $371/sqft
- Tax assessed value: $430,000
- Annual tax amount: $4,221
- Date on market: 10/30/2025
- Cumulative days on market: 265 days
- Listing terms: Conventional,FHA,VA Loan
- Inclusions: Dishwasher(s), Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Price history
| Date | Event | Price |
|---|---|---|
| 10/7/2025 | Sold | $430,000-4.4%$371/sqft |
Source:  NWMLS as distributed by MLS GRID #2426987 Report a problem | ||
| 9/5/2025 | Pending sale | $450,000$388/sqft |
Source: NWMLS as distributed by MLS GRID #2426987 Report a problem | ||
| 8/30/2025 | Listed for sale | $450,000$388/sqft |
Source: NWMLS as distributed by MLS GRID #2426987 Report a problem | ||
| 11/14/2017 | Listing removed | $1,395$1/sqft |
Source: NRB Property Management Report a problem | ||
| 10/20/2017 | Price change | $1,395-2.1%$1/sqft |
Source: NRB Property Management Report a problem | ||
| 9/28/2017 | Listed for rent | $1,425$1/sqft |
Source: NRB Property Management Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,467 +5.8% | $430,000 +3.1% |
| 2024 | $4,221 +0.4% | $417,000 +10.3% |
| 2023 | $4,204 +2.6% | $378,000 -8% |
| 2022 | $4,096 +8% | $411,000 +24.5% |
| 2021 | $3,792 +33.2% | $330,000 +43.5% |
| 2020 | $2,848 +5.9% | $230,000 +4.1% |
| 2019 | $2,690 +7.8% | $221,000 +4.2% |
| 2018 | $2,494 -7.1% | $212,000 +14.6% |
| 2017 | $2,683 +22% | $185,000 +10.1% |
| 2016 | $2,200 | $168,000 +7.7% |
| 2015 | $2,200 | $156,000 +5.4% |
| 2014 | $2,200 | $148,000 +8% |
| 2013 | $2,200 | $137,000 +7% |
| 2012 | -- | $128,000 -17.9% |
| 2011 | -- | $156,000 -13.8% |
| 2010 | -- | $181,000 |
| 2009 | -- | $181,000 +2.8% |
| 2007 | -- | $176,000 +7.3% |
| 2006 | -- | $164,000 +7.9% |
| 2005 | -- | $152,000 +29.9% |
| 2001 | $1,596 +5.9% | $117,000 +10.4% |
| 2000 | $1,506 | $106,000 |
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: 0.2 mi
- 4/10Decatur High SchoolGrades: 9-12Distance: 0.6 mi
- 3/10Technology Access Foundation Academy at SaghalieGrades: 6-12Distance: 0.8 mi
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Estimated market value
$420,900
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
$420,900
- Washington
- King County
- Federal Way
- 98023
- Twin Lakes
- 2316 SW 328th Street
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