Nestled in a quiet and established neighborhood, this beautifully maintained tri-level residence offers the perfect blend of comfort, functionality, and lifestyle convenience. Ideally located just minutes from Five Mile Lake Park, this home provides easy access to outdoor recreation while still enjoying a peaceful residential setting.Inside, you’ll find a thoughtfully designed layout featuring 3 spacious bedrooms, a welcoming living room, and an additional family room that offers flexible space for entertaining, relaxing, or working from home. A cozy fireplace serves as the heart of the home, creating a warm and inviting atmosphere year-round.The bright and airy dining area is truly a standout, highlighted by expansive panoramic windows that flood the space with natural light and create an effortless connection to the outdoors.Step outside to enjoy multiple outdoor living spaces, including both front and backyard deck and patio areas, perfect for morning coffee, summer gatherings, or quiet evenings under the sky. The outdoor setup enhances both curb appeal and everyday livability. The property also features dedicated RV parking, offering added convenience and flexibility for your lifestyle.A unique bonus to this property is the detached shop, thoughtfully converted into a personal gym space, ideal for fitness, hobbies, or a private retreat. With its convenient location, versatile floor plan, abundant natural light, and rare lifestyle features.
Sold
Listed by: Skyline Properties, Inc. • Vadim Polishchuk
Bought with: Redfin
$665,000
2516 S 367th Place, Federal Way, WA 98003
3beds
1,640sqft
Single Family Residence
Built in 1987
8,690 Square Feet Lot
$663,500 Zestimate®
$405/sqft
$3,115 Estimated rent
Home value
$663,500
$617,000 - $717,000
$3,115/mo
Zestimate® history
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List your homeWhat's special
Abundant natural lightTri-level residenceVersatile floor plan
Zillow last checked:
Listing updated:
Listed by:
Vadim Polishchuk,
Skyline Properties, Inc.
Bought with:
Robert Stoeck, 17740
Redfin
Source: NWMLS as distributed by MLS GRID,MLS#: 2542490
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Primary bedroom
- Level: Second
Bedroom
- Level: Second
Bedroom
- Level: Second
Bathroom full
- Level: Second
Bathroom full
- Level: Second
Other
- Level: Lower
Entry hall
- Level: Main
Family room
- Level: Lower
Kitchen with eating space
- Level: Main
Living room
- Level: Main
Heating
- Fireplace, Forced Air, Natural Gas
Cooling
- Heat Pump
Appliances
- Included: Dishwasher, Dryer, Refrigerator, Stove(s)/Range(s), Washer, Dishwasher(s), Dryer(s), Refrigerator(s), Washer(s)
Features
- Bath Off Primary
- Flooring: Ceramic Tile, Laminate, Vinyl
- Doors: French Doors
- Windows: Skylight(s)
- Basement: Finished
- Number of fireplaces: 1
- Fireplace features: Wood Burning, Main Level: 1, Fireplace
Interior area
- Total structure area: 1,640
- Total interior livable area: 1,640 sqft
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Attached Garage, RV Parking
- Has attached garage: Yes
- Covered spaces: 2
Features
- Levels: Three Or More
- Entry location: Main
- Patio & porch: Bath Off Primary, Fireplace, French Doors, Skylight(s)
Lot
- Size: 8,690 Square Feet
- Features: Paved, Sidewalk, Cable TV, Deck, Fenced-Partially, Gas Available, RV Parking, Shop
Details
- Parcel number: 2019200610
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Tri-Level
- Property subtype: Single Family Residence
Materials
- Metal/Vinyl, Wood Siding
- Foundation: Poured Concrete, Slab
- Roof: Composition
Condition
- Year built: 1987
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: $405/sqft
- Tax assessed value: $557,000
- Annual tax amount: $6,203
- Date on market: 7/5/2026
- Cumulative days on market: 47 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 |
|---|---|---|
| 7/21/2026 | Sold | $665,000$405/sqft |
Source:  NWMLS as distributed by MLS GRID #2542490 Report a problem | ||
| 6/25/2026 | Pending sale | $665,000$405/sqft |
Source: NWMLS as distributed by MLS GRID #2542490 Report a problem | ||
| 6/18/2026 | Listed for sale | $665,000+121.7%$405/sqft |
Source: NWMLS as distributed by MLS GRID #2542490 Report a problem | ||
| 4/19/2023 | Sold | $300,000+22.5%$183/sqft |
Source: Public Record Report a problem | ||
| 6/1/2009 | Sold | $244,900+56.1%$149/sqft |
Source: NWMLS as distributed by MLS GRID #29060416 Report a problem | ||
| 3/31/2009 | Sold | $156,893-47.5%$96/sqft |
Source: Public Record Report a problem | ||
| 10/4/2006 | Sold | $299,000+498%$182/sqft |
Source: Public Record Report a problem | ||
| 8/17/2006 | Sold | $50,000-81.1%$30/sqft |
Source: Public Record Report a problem | ||
| 4/20/2005 | Sold | $264,000+84.4%$161/sqft |
Source: Public Record Report a problem | ||
| 12/17/1996 | Sold | $143,150$87/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,203 +4.8% | $557,000 +3% |
| 2024 | $5,918 +6.2% | $541,000 +16.8% |
| 2023 | $5,573 +3.7% | $463,000 -7.4% |
| 2022 | $5,375 +9.1% | $500,000 +27.2% |
| 2021 | $4,928 +9.9% | $393,000 +18.7% |
| 2020 | $4,484 +4.1% | $331,000 +3.8% |
| 2019 | $4,309 +8.5% | $319,000 +5.6% |
| 2018 | $3,972 -4.3% | $302,000 +15.7% |
| 2017 | $4,150 +24.6% | $261,000 +17% |
| 2016 | $3,330 | $223,000 +1.4% |
| 2015 | $3,330 | $220,000 +6.3% |
| 2014 | $3,330 | $207,000 +21.1% |
| 2013 | $3,330 | $171,000 +2.4% |
| 2012 | -- | $167,000 -17.7% |
| 2011 | -- | $203,000 -7.3% |
| 2010 | -- | $219,000 |
| 2009 | -- | $219,000 -3.9% |
| 2007 | -- | $228,000 +7% |
| 2006 | -- | $213,000 +6% |
| 2005 | -- | $201,000 +25.6% |
| 2001 | $2,220 +0.2% | $160,000 +3.2% |
| 2000 | $2,216 | $155,000 |
Find assessor info on the county website
Neighborhood: 98003
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Nearby schools
GreatSchools rating
- 4/10Rainier View Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 4/10Sequoyah Middle SchoolGrades: 6-8Distance: 0.7 mi
- 3/10Todd Beamer High SchoolGrades: 9-12Distance: 0.7 mi
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Estimated market value
$663,500
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Estimated market value
$663,500
- Washington
- King County
- Federal Way
- 98003
- 2516 S 367th Place
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