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Sold
    • Listed by: Best Choice Network LLC • David Dzyk
    Bought with: COMPASS
    $740,000

    28824 28th Place S, Federal Way, WA 98003

    --beds
    --baths
    2,290sqft
    Duplex, Multi Family
    Built in 1979
    -- sqft lot
    $740,200 Zestimate®
    $323/sqft
    $2,189 Estimated rent

    Home value

    $740,200

    $703,000 - $777,000

    $2,189/mo

    Zestimate® history
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    What's special

    Rare investor opportunity to own a large duplex in Federal Way. It boasts two mirrored 3 bed/1.5 bath units. Each unit has a fully fenced private backyard and an attached garage. Vacant unit has been fully remodeled including flooring, doors, cabinets, granite countertops, brand-new appliances, bathrooms, garage door, stonework, and paint. Occupied unit got a few updates this year, and duplex also got a brand-new architectural roof. Conveniently located near I-5 and close to bus stops, shopping and restaurants, it has a walk score of 61 and a bike score of 51. Both units have W/D hookups and one car garage. Lease for the occupied unit is over, new owner can choose to sign a new lease at current market rents on both units.

    Zillow last checked:

    Listing updated:

    Offers reviewed: Jul 30
    Listed by:

    David Dzyk,

    Best Choice Network LLC,

    Michel Charbonnier,

    Best Choice Realty LLC

    Bought with:

    Andy Lee, 24028939

    COMPASS

    Riley Kuranishi, 24028435

    COMPASS

    Source: NWMLS as distributed by MLS GRID,MLS#: 2268358MLS Logo

    Facts & features

    Interior

    Heating
    • Forced Air, Electric
    Cooling
    • None
    Features
    • Flooring: Vinyl Plank, Carpet
    • Has fireplace: No
    Interior area
    • Total structure area: 2,290
    • Total interior livable area: 2,290 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Open
    • Covered spaces: 2
    • Uncovered spaces: 2
    Features
    • Patio & porch: Wall to Wall Carpet
    Lot
    • Size: 9,099 Square Feet
    • Features: Sidewalk, Cable TV, Fenced-Fully, High Speed Internet, Patio
    Details
    • Parcel number: 0294500160
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Duplex
    • Property subtype: Duplex, Multi Family
    Materials
    • Metal/Vinyl
    • Foundation: Poured Concrete
    • Roof: Composition
    Condition
    • Year built: 1979

    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: $323/sqft
    • Tax assessed value: $612,000
    • Annual tax amount: $5,537
    • Offers reviewed: 07/30/2024
    • Date on market: 8/24/2024
    • Cumulative days on market: 697 days
    • Listing terms: Conventional,FHA,VA Loan

    Price history

    DateEventPrice
    9/9/2025Listing removed$2,595$1/sqft
    Source: Zillow Rentals Report a problem
    8/26/2025Price change$2,595-3.7%$1/sqft
    Source: Zillow Rentals Report a problem
    8/12/2025Price change$2,695-3.6%$1/sqft
    Source: Zillow Rentals Report a problem
    7/31/2025Listed for rent$2,795$1/sqft
    Source: Zillow Rentals Report a problem
    8/29/2024Sold$740,000+2.9%$323/sqft
    Source: NWMLS as distributed by MLS GRID #2268358 Report a problem
    7/31/2024Pending sale$719,000$314/sqft
    Source: NWMLS as distributed by MLS GRID #2268358 Report a problem
    7/24/2024Listed for sale$719,000+328%$314/sqft
    Source: NWMLS as distributed by MLS GRID #2268358 Report a problem
    3/7/2013Sold$168,000-9.2%$73/sqft
    Source: NWMLS as distributed by MLS GRID #259888 Report a problem
    7/2/2012Listed for sale$185,000$81/sqft
    Source: Asset Realty Group #259888 Report a problem
    3/22/2012Listing removed$185,000$81/sqft
    Source: Asset Realty Group #259888 Report a problem
    12/10/2011Listed for sale$185,000$81/sqft
    Source: Asset Realty Group #259888 Report a problem
    11/3/2011Listing removed$185,000$81/sqft
    Source: Asset Realty Group #259888 Report a problem
    8/13/2011Listed for sale$185,000-26%$81/sqft
    Source: Asset Realty Group #259888 Report a problem
    6/16/2010Listing removed$250,000$109/sqft
    Source: Windermere-Puyallup/Canyon Road, LLC #29089826 Report a problem
    1/9/2010Price change$250,000-9.1%$109/sqft
    Source: Windermere-Puyallup/Canyon Road, LLC #29089826 Report a problem
    9/24/2009Listed for sale$275,000-17.9%$120/sqft
    Source: Windermere-Puyallup/Canyon Road, LLC #29089826 Report a problem
    7/7/2006Sold$334,900+34%$146/sqft
    Source: NWMLS as distributed by MLS GRID #26053575 Report a problem
    5/24/2005Sold$250,000+19.2%$109/sqft
    Source: Public Record Report a problem
    11/7/2002Sold$209,700+29.4%$92/sqft
    Source: Public Record Report a problem
    9/7/2001Sold$162,000+3.2%$71/sqft
    Source: Public Record Report a problem
    12/18/1998Sold$157,000$69/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,282 +12.7%$612,000 +10.5%
    2024$5,575 +0.7%$554,000 +9.9%
    2023$5,537 +2%$504,000 -8.5%
    2022$5,428 +12.8%$551,000 +30.3%
    2021$4,813 +9.6%$423,000 +16.9%
    2020$4,392 +5.6%$362,000 +4.3%
    2019$4,159 +9.2%$347,000 +5.5%
    2018$3,809 -10%$329,000 +11.1%
    2017$4,230 +18.7%$296,000 +8.4%
    2016$3,562 $273,000 +5.8%
    2015$3,562 $258,000 +5.7%
    2014$3,562 $244,000 +18.4%
    2013$3,562 $206,000 +4.6%
    2012-- $197,000 -7.1%
    2011-- $212,000 -15.5%
    2010-- $251,000
    2009-- $251,000 -2.3%
    2007-- $257,000
    2006-- $257,000 +25.4%
    2005-- $205,000 +22%
    2001$2,266 +2.3%$168,000 +6.3%
    2000$2,215 $158,000
    Find assessor info on the county website

    Neighborhood: 98003

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Valhalla Elem
    • Middle: Kilo Jnr High
    • High: Thomas Jefferson Hig

    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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    Estimated market value
    $740,200
    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
    $740,200

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