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  • Zillow Home logoZestimate®
    $583,100

    2601 SW 347th St, Federal Way, WA 98023

    3beds
    1,440sqft
    Single Family Residence
    Built in 1981
    7,000 Square Feet Lot
    $583,100 Zestimate®
    $405/sqft
    $2,807 Estimated rent

    Home value

    $583,100

    $554,000 - $612,000

    $2,807/mo

    Zestimate® history
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    What's special

    Covered patioSpacious primary suiteDurable laminate hardwood flooringQuiet streetFully fenced backyardWarm wood cabinetryBright open floor plan

    Bring Offers! Comfort, space, and opportunity await in this well-maintained tri-level, tucked away on a quiet street and surrounded by lush, professionally landscaped grounds. Recent improvements include a new furnace installed in July 2026 and updates to the downstairs bath, including new flooring and vanity. Inside, youll find a bright, open floor plan featuring durable laminate hardwood flooring and a cozy white brick wood-burning fireplace that creates a warm, inviting living space. The seamless flow between the living room, dining area, and kitchen makes everyday living and entertaining effortless. The kitchen features stainless steel appliances, warm wood cabinetry, and tile countertops with a coordinating backsplash. The spacious primary suite offers direct access to an updated bathroom with a double vanity and tub/shower combination, while the second upstairs bedroom provides abundant natural light and generous closet space. The downstairs bedroom is complemented by a convenient bath and dedicated laundry area. Step outside to a fully fenced backyard with a covered patio and fire pitperfect for relaxing or entertaining year-round. With a new furnace ready for the chilly PNW seasons, this home offers comfort, functionality, and room to make it your own. Bring your vision and make it yours! 2026-09-15

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Zillow last checked:

    Source: Berkshire Hathaway HomeServices NW,MLS#: 2551632MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    Appliances
    • Included: Dishwasher, Disposal, Refrigerator
    Features
    • Flooring: Laminate
    • Has basement: No
    • Has fireplace: Yes
    Interior area
    • Total structure area: 1,440
    • Total interior livable area: 1,440 sqft

    Property

    Parking
    • Parking features: GarageAttached
    • Has attached garage: Yes
    Lot
    • Size: 7,000 Square Feet
    Details
    • Parcel number: 5029450230

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Roof: Composition
    Condition
    • Year built: 1981

    Community & HOA

    Community
    • Subdivision: Madrona
    Location
    • Region: Federal Way

    Financial & listing details

    • Price per square foot: $405/sqft
    • Tax assessed value: $479,000
    • Annual tax amount: $4,975
    • Date on market: 9/15/2026
    • Lease term: Contact For Details

    Price history

    DateEventPrice
    9/16/2026Listing removed$580,000$403/sqft
    Source: Berkshire Hathaway HomeServices NW #2551632 Report a problem
    9/15/2026Listed for sale$580,000$403/sqft
    Source: Berkshire Hathaway HomeServices NW #2551632 Report a problem
    9/15/2026Listing removed$580,000$403/sqft
    Source: Berkshire Hathaway HomeServices NW #NWM2551632 Report a problem
    7/14/2026Listed for sale$580,000+129.2%$403/sqft
    Source: Berkshire Hathaway HomeServices NW #NWM2551632 Report a problem
    9/30/2005Sold$253,000+40.6%$176/sqft
    Source: NWMLS as distributed by MLS GRID #25132721 Report a problem
    4/2/2003Sold$180,000$125/sqft
    Source: NWMLS as distributed by MLS GRID #23023296 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,975 +6%$479,000 +3.2%
    2024$4,693 +1%$464,000 +10.5%
    2023$4,648 +2.7%$420,000 -7.9%
    2022$4,525 +8.1%$456,000 +24.6%
    2021$4,187 +24.1%$366,000 +33.1%
    2020$3,374 +5.7%$275,000 +4.2%
    2019$3,191 +8%$264,000 +4.3%
    2018$2,955 -7.2%$253,000 +14.5%
    2017$3,185 +22%$221,000 +10.5%
    2016$2,611 $200,000 +7.5%
    2015$2,611 $186,000 +5.1%
    2014$2,611 $177,000 +12.7%
    2013$2,611 $157,000 +7.5%
    2012-- $146,000 -18.4%
    2011-- $179,000 -13.5%
    2010-- $207,000
    2009-- $207,000 +2.5%
    2007-- $202,000 +7.4%
    2006-- $188,000 +3.3%
    2005-- $182,000 +27.3%
    2001$1,933 +3.4%$143,000 +7.5%
    2000$1,870 $133,000
    Find assessor info on the county website

    Neighborhood: Twin Lakes

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $583,100
    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
    $583,100