Opportunity awaits in this spacious 4-bedroom, 3-full bath home nestled in an established Killarney Crest neighborhood. Built in 1988 and situated on a generous 7,560 sq. ft. lot, this residence offers a versatile floor plan with room to grow, entertain, and make it your own. The home's functional layout provides multiple living spaces, spacious bedrooms, and plenty of natural light throughout. A brand-new water heater offers added peace of mind, while the home's solid construction provides an excellent foundation for your personal updates and design vision. Step out on to your multi level deck to a sizable backyard with endless possibilities for gardening, play, outdoor entertaining, or creating your own private retreat. Conveniently located near parks, schools, shopping, dining, and major commuter routes, you'll enjoy easy access to everything Federal Way has to offer while still appreciating the comfort of a quiet residential setting. Whether you're a first-time buyer looking to build equity, an investor seeking your next project, or someone ready to customize a home to fit your style, this property presents exceptional potential in a highly desirable location. Bring your imagination and transform this well-located home into something truly special.
Active
Listed by: Fathom Realty WA LLC • Kari Gordon
$550,000
2322 S 357th Street, Federal Way, WA 98003
4beds
2,170sqft
Single Family Residence
Built in 1988
7,562 Square Feet Lot
$548,800 Zestimate®
$253/sqft
$-- HOA
What's special
Sizable backyardMulti level deckGardening play outdoor entertainingPrivate retreatVersatile floor planSpacious bedroomsMultiple living spaces
- 14 days |
- 643 |
- 63 |
Zillow last checked:
Listing updated:
Listed by:
Kari Gordon,
Fathom Realty WA LLC
Source: NWMLS as distributed by MLS GRID,MLS#: 2565641
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Primary bedroom
- Level: Second
Bedroom
- Level: Second
Bedroom
- Level: Second
Bedroom
- Level: Lower
Bathroom full
- Level: Second
Bathroom full
- Level: Second
Bathroom full
- Level: Lower
Entry hall
- Level: Main
Kitchen with eating space
- Level: Second
Living room
- Level: Second
Rec room
- Level: Lower
Utility room
- Level: Lower
Heating
- Fireplace, Forced Air, Electric, Natural Gas, Wood
Cooling
- None
Appliances
- Included: Dishwasher, Disposal, Dryer, Refrigerator, Stove(s)/Range(s), Washer, Dishwasher(s), Dryer(s), Garbage Disposal, Refrigerator(s), Washer(s), Water Heater: Gas, Water Heater Location: Garage
Features
- Bath Off Primary, Ceiling Fan(s), Dining Room
- Flooring: Vinyl, Carpet
- Windows: Dbl Pane/Storm Window, Skylight(s)
- Basement: Finished
- Number of fireplaces: 1
- Fireplace features: Wood Burning, Upper Level: 1, Fireplace
Interior area
- Total structure area: 2,170
- Total interior livable area: 2,170 sqft
Video & virtual tour
Property
Parking
- Total spaces: 4
- Parking features: Driveway, Attached Garage
- Has attached garage: Yes
- Covered spaces: 2
- Uncovered spaces: 2
Features
- Levels: Multi/Split
- Entry location: Main
- Patio & porch: Bath Off Primary, Ceiling Fan(s), Dbl Pane/Storm Window, Dining Room, Fireplace, Skylight(s), Water Heater
- Has view: Yes
- View description: Territorial
Lot
- Size: 7,562 Square Feet
- Dimensions: 47 x 126 x 60 x 122
- Features: Paved, Cable TV, Deck, Fenced-Fully, Gas Available, High Speed Internet, Outbuildings, Patio
- Topography: Partial Slope
Details
- Parcel number: 3861440410
- Zoning: County R4
- Zoning description: Jurisdiction: County
- Special conditions: Standard
- Other equipment: Leased Equipment: No
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemporary,Split Entry
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Poured Concrete, Slab
- Roof: Composition
Condition
- Fixer
- Year built: 1988
- Major remodel year: 1988
Utilities & green energy
- Electric: Company: Puget Sound Energy
- Sewer: Sewer Connected, Company: Lakehaven Water & Sewer
- Water: Public, Company: Lakehaven Water & Sewer
- Utilities for property: Comcast, Comcast
Community & HOA
Community
- Subdivision: Killarney
Location
- Region: Federal Way
Financial & listing details
- Price per square foot: $253/sqft
- Tax assessed value: $557,000
- Annual tax amount: $6,218
- Date on market: 8/14/2026
- Cumulative days on market: 7 days
- Listing terms: Conventional,Rehab Loan
- Inclusions: Dishwasher(s), Dryer(s), Garbage Disposal, Leased Equipment, Refrigerator(s), Stove(s)/Range(s), Washer(s)
Estimated market value
$548,800
$521,000 - $576,000
$3,408/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/20/2026 | Listed for sale | $550,000$253/sqft |
Source:  NWMLS as distributed by MLS GRID #2565641 Report a problem | ||
| 8/11/2026 | Pending sale | $550,000$253/sqft |
Source: NWMLS as distributed by MLS GRID #2565641 Report a problem | ||
| 8/6/2026 | Listed for sale | $550,000+144.4%$253/sqft |
Source: NWMLS as distributed by MLS GRID #2565641 Report a problem | ||
| 4/16/2004 | Sold | $225,000$104/sqft |
Source: NWMLS as distributed by MLS GRID #24031826 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,218 +4.9% | $557,000 +3% |
| 2024 | $5,930 +1.1% | $541,000 +10.6% |
| 2023 | $5,867 +3.7% | $489,000 -7.4% |
| 2022 | $5,657 +9.1% | $528,000 +27.2% |
| 2021 | $5,186 +9.8% | $415,000 +18.6% |
| 2020 | $4,724 +4.2% | $350,000 +3.9% |
| 2019 | $4,534 +8.5% | $337,000 +5.6% |
| 2018 | $4,178 -10.3% | $319,000 +8.1% |
| 2017 | $4,657 +25% | $295,000 +17.1% |
| 2016 | $3,725 | $252,000 +1.6% |
| 2015 | $3,725 | $248,000 +6.4% |
| 2014 | $3,725 | $233,000 +20.7% |
| 2013 | $3,725 | $193,000 +2.7% |
| 2012 | -- | $188,000 -8.7% |
| 2011 | -- | $206,000 -7.2% |
| 2010 | -- | $222,000 |
| 2009 | -- | $222,000 -3.9% |
| 2007 | -- | $231,000 +6% |
| 2006 | -- | $218,000 +5.8% |
| 2005 | -- | $206,000 +25.6% |
| 2001 | $2,273 +2.6% | $164,000 +5.8% |
| 2000 | $2,216 | $155,000 |
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: 98003
Nearby schools
GreatSchools rating
- 4/10Lakeland Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 4/10Sequoyah Middle SchoolGrades: 6-8Distance: 0.8 mi
- 3/10Todd Beamer High SchoolGrades: 9-12Distance: 0.7 mi
Schools provided by the listing agent
- Elementary: Lakeland Elem
- Middle: Sequoyah Mid Sch
- High: Todd Beamer 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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