Tucked into a quiet Federal Way neighborhood on a well-kept street, this single-level rambler greets you with a freshly updated interior that feels clean and move-in ready from the moment you walk through the door. New LVP floors carry you through the living room, where large picture windows let the light pour in around a painted brick fireplace. The dining area sits just beyond, anchored by a statement chandelier that gives evening meals a warm, finished feel. Toward the back of the home, the family room offers a comfortable place to settle in at the end of the day. The kitchen has been updated with white shaker cabinets, quartz counters, and matte black hardware, with stainless appliances already in place. The bathrooms carry the same care, with new vanities, quartz counters, and matte black fixtures. The primary bedroom opens through a sliding glass door onto the back deck, where a fully fenced yard and wall of mature evergreens make the space feel private and quiet. New roof. Minutes from Twin Lakes Golf Course, Dash Point Beach, Redondo Beach, shopping, dining, and freeway access.
Sold
Listed by: COMPASS • Samantha Schlegel
Bought with: eXp Realty
$610,000
2761 SW 314th Street, Federal Way, WA 98023
3beds
1,740sqft
Single Family Residence
Built in 1975
9,962 Square Feet Lot
$607,100 Zestimate®
$351/sqft
$3,047 Estimated rent
Home value
$607,100
$565,000 - $656,000
$3,047/mo
Zestimate® history
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List your homeWhat's special
Well-kept streetPainted brick fireplaceMatte black hardwareLarge picture windowsNew lvp floorsFully fenced yardStainless appliances
Zillow last checked:
Listing updated:
Listed by:
Samantha Schlegel,
COMPASS
Bought with:
Esther Gakwa, 24010915
eXp Realty
Source: NWMLS as distributed by MLS GRID,MLS#: 2522129
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 3
Primary bedroom
- Level: Main
Bedroom
- Level: Main
Bedroom
- Level: Main
Bathroom full
- Level: Main
Bathroom three quarter
- Level: Main
Dining room
- Level: Main
Entry hall
- Level: Main
Family room
- Level: Main
Kitchen with eating space
- Level: Main
Living room
- Level: Main
Heating
- Fireplace, Forced Air, Electric, Natural Gas
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: Electric, Water Heater Location: Garage
Features
- Bath Off Primary, Dining Room
- Flooring: Slate, Vinyl Plank
- Basement: None
- Number of fireplaces: 1
- Fireplace features: Gas, Main Level: 1, Fireplace
Interior area
- Total structure area: 1,740
- Total interior livable area: 1,740 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached Garage
- Has attached garage: Yes
- Covered spaces: 2
Features
- Levels: Two
- Stories: 2
- Entry location: Main
- Patio & porch: Bath Off Primary, Dining Room, Fireplace, Water Heater
Lot
- Size: 9,962 Square Feet
- Features: Curbs, Paved, Deck, Fenced-Fully
- Topography: Partial Slope
- Residential vegetation: Garden Space
Details
- Parcel number: 1503100300
- Zoning: RS7.2
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: 2 Story
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Year built: 1975
Utilities & green energy
- Electric: Company: PSE
- Sewer: Sewer Connected, Company: Lakehaven
- Water: Public, Company: Lakehaven
Community & HOA
Community
- Subdivision: Federal Way
Location
- Region: Federal Way
Financial & listing details
- Price per square foot: $351/sqft
- Tax assessed value: $571,000
- Annual tax amount: $548
- Date on market: 7/4/2026
- Cumulative days on market: 18 days
- Listing terms: Conventional,FHA,VA Loan
- Inclusions: Dishwasher(s), Dryer(s), Garbage Disposal, Refrigerator(s), Stove(s)/Range(s), Washer(s)
Price history
| Date | Event | Price |
|---|---|---|
| 6/11/2026 | Sold | $610,000+1.7%$351/sqft |
Source:  NWMLS as distributed by MLS GRID #2522129 Report a problem | ||
| 5/19/2026 | Pending sale | $599,995$345/sqft |
Source: NWMLS as distributed by MLS GRID #2522129 Report a problem | ||
| 5/12/2026 | Listed for sale | $599,995$345/sqft |
Source: NWMLS as distributed by MLS GRID #2522129 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $568 +3.8% | $256,000 |
| 2024 | $548 -1.3% | $256,000 |
| 2023 | $555 | $256,000 |
| 2022 | -- | $256,000 |
| 2021 | $613 -6.5% | $256,000 |
| 2020 | $656 +0% | $256,000 |
| 2019 | $655 -45.7% | $256,000 |
| 2018 | $1,208 -4.4% | $256,000 -20.5% |
| 2017 | $1,263 -36.8% | $322,000 +10.7% |
| 2016 | $1,999 | $291,000 +7.8% |
| 2015 | $1,999 -46.4% | $270,000 +5.5% |
| 2014 | $3,733 | $256,000 +35.4% |
| 2013 | $3,733 | $189,000 +7.4% |
| 2012 | -- | $176,000 -15% |
| 2011 | -- | $207,000 -13.4% |
| 2010 | -- | $239,000 |
| 2009 | -- | $239,000 +3.5% |
| 2007 | -- | $231,000 +7.4% |
| 2006 | -- | $215,000 +8% |
| 2005 | -- | $199,000 +15.7% |
| 2001 | $2,310 +1% | $172,000 +4.9% |
| 2000 | $2,287 | $164,000 |
Find assessor info on the county website
Neighborhood: Twin Lakes
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Nearby schools
GreatSchools rating
- 8/10Twin Lakes Elementary SchoolGrades: PK-5Distance: 0.9 mi
- 5/10Lakota Middle SchoolGrades: 6-8Distance: 0.7 mi
- 4/10Decatur High SchoolGrades: 9-12Distance: 0.3 mi
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Estimated market value
$607,100
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Estimated market value
$607,100
- Washington
- King County
- Federal Way
- 98023
- Twin Lakes
- 2761 SW 314th Street
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