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Off market
  • $547,800

    31046 22nd Ave S, Federal Way, WA 98003

    3beds
    1,420sqft
    Single Family Residence
    Built in ----
    -- sqft lot
    $547,800 Zestimate®
    $386/sqft
    $2,570 Estimated rent

    Home value

    $547,800

    $515,000 - $575,000

    $2,570/mo

    Zestimate® history
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    What's special

    Ample off-street parkingAbundant natural lightPrivate drivewayDouble-pane windowsQuiet residential neighborhoodLow maintenance yardClean and well-maintained

    3BR Home just 2 Blocks from Light Rail! Shopping and Dining!! Next door to Steel Lake Convenience + Lifestyle + Commute access $2,695/month | 3 Bed | 1 Bath | Federal Way Move in ready! See Video Tour Link below Charming secluded single level 3 Bedroom 1 Bathroom house to call HOME! Clean and well-maintained 3-bedroom rambler in a convenient residential Federal Way neighborhood location just two blocks from the light rail station and minutes from shopping, restaurants, parks, and Steel Lake. This home offers a comfortable functional very open layout with heat pump and A/C, full-size washer and dryer, abundant natural light, and ample off-street parking. Enjoy the convenience of quick access to I-5, transit, and everyday amenities while still living in a quiet residential setting. This house is - near Steel Lake - Walk to the Lake all summer long and enjoys the sports fields, parks, and water all next door whether you like fishing, boating, swimming, or sunbathing! Go for a walk or jog in the morning, play Frisbee, volleyball, or BBQ your favorites on a sunny afternoon, the possibilities are endless when you are this close Home Features: 3 bedrooms / 1 bathroom 1420 sq ft Heat pump with A/C - keeps you cool in the summer and warm all winter - while managing costs efficiently Fresh interior paint and clean finishes Bright kitchen with good cabinet storage Large open living areas Pics do not truly do this home justice need to see in person to really see how open and spacious the floor plan is the den is huge! Full-size washer and dryer Double-pane windows Spacious enclosed and covered back patio great for entertaining Off street parking Quiet residential neighborhood Private driveway Low maintenance yard Excellent Location: Approximately 2 blocks from light rail Commuters dream Leave the car at home walk to and ride the rail save the gas! Ideal with gas prices! Steps to Steel Lake Park Enjoy the summer at the water Performing arts Center Several parks nearby Close to schools Close to shopping, restaurants, and grocery stores Easy access to I-5 and Highway 99 Just blocks off 320th exit Convenient commuter location hands down! Lease Details: $2,695/month Deposit: equal to Tenant responsible for yard and utilities Residential use only Pets on a case by case basis Looking for qualified tenants who will appreciate and care for the home. Please contact for additional information or to schedule a showing. Video Tour Welcome to your new home! VIDEO - Message me for link Commuters Dream See for yourself! From the 320th exit to your driveway in minutes Come take a drive with me! VIDEO - Message me for link Private Driveway Takes you from amazing proximity of convenience to peaceful seclusion, privacy, and security with ease making comfort of home that much more attainable and aligned with your day to day needs VIDEO - Message me for link Additional Screening Criteria: We do not accept Comprehensive Reusable Tenant Screening Reports as defined by and pursuant to RCW 59.18. Applicants and tenants must independently verify all information before signing the lease. Incomplete applications, false statements and omissions on application are grounds for denial. Applicant or applicant's authorized representative must: Tour the rental property, Arrive on-time for showing, provide positive, current picture ID, Complete application for every occupant 18 years and older, pay $29-$55 non-refundable application fee for each applicant, be able to pay required deposit and rent. Provide proof of verifiable stable consistent source of income, Bank statements, paycheck stubs, and Tax returns or similar verifiable proof of income may be required in order to verify income sources and history. Application not complete until income verification is provided. Income 3 to 1 gross income to rent ratio required, or a qualified cosigner with a 5 to 1 ratio. No excessive debt which may impact applicants' ability to pay rent. Self- e ployed applicants must provide several years prior tax statements and previous 6 months company and personal bank statements. Retired applicants must provide previous 6 months bank statements indicating their monthly direct deposit or, provide documentation indicating source and amount of verifiable monthly income. Good credit history score above 650 free of negative credit issues which may indicate an applicant is high-risk and/or indicates a pattern of payment delinquency, Applicants with charge-offs, unpaid debts, or a history of delinquent payments may be denied tenancy. All applicants must have a favorable credit rating for the past two years. Applicants may be denied for the following derogatory credit records: Eviction action and/or moneys owed to an prior residence, owner, property management company, judgment, etc in the last 7 years. No Domestic Violence related convictions or history of orders listing applicant as the restricted party. Renters insurance with a minimum liability coverage according to the lease term along with a minimum personal NO SOLICITATION - WE DO NOT NEED ADVERTISING LISTING OR OTHER SERVICES- DIRECT INQUIRIES ONLY Disclosures: We do not accept Comprehensive Reusable Tenant Screening Reports as defined by and pursuant to RCW 59.18. Applicants and tenants must independently verify all information before signing the lease. Incomplete applications, false statements and omissions on application are grounds for denial. Applicant or applicant's authorized representative must: Tour the rental property, Arrive on-time for showing, Provide positive, current picture ID, Complete application for every occupant 18 years and older, pay $29-$55 non-refundable application fee for each applicant, be able to pay required deposit and rent. Provide proof of verifiable stable consistent source of income, Bank statements, paycheck stubs, and Tax returns or similar verifiable proof of income may be required in order to verify income sources and history. Application not complete until income verification is provided. Income 3 to 1 gross income to rent ratio required, or a qualified cosigner with a 5 to 1 ratio. No excessive debt which may impact applicants' ability to pay rent. Self- e ployed applicants must provide several years prior tax statements and previous 6 months company and personal bank statements. Retired applicants must provide previous 6 months bank statements indicating their monthly direct deposit or, provide documentation indicating source and amount of verifiable monthly income. Good credit history score above 650 free of negative credit issues which may indicate an applicant is high-risk and/or indicates a pattern of payment delinquency, Applicants with charge-offs, unpaid debts, or a history of delinquent payments may be denied tenancy. All applicants must have a favorable credit rating for the past two years. Applicants may be denied for the following derogatory credit records: Eviction action and/or moneys owed to an prior residence, owner, property management company, judgment, etc in the last 7 years. No Domestic Violence related convictions or history of orders listing applicant as the restricted party. Renters insurance with a minimum liability coverage according to the lease term along with a minimum personal property coverage according to the lease term. Other questions - ask about our complete criteria and possible ability to supplement credit deficiency with additional security deposit, considerations based on specific circumstances. (( Federal way, Des Moines, Auburn, Kent, 320th, 348th, steel lake, light rail, university, college, bus, transit, rail, parking, park, library, Pac Highway, Pacific Highway, commute, close to freeway, federal way high school, Middle school, Junior high, elementary))

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Zillow last checked:

    Listing updated:

    Source: Zillow Rentals

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Washer
    • Laundry: In Unit
    Interior area
    • Total interior livable area: 1,420 sqft

    Property

    Parking
    • Parking features: Off Street
    • Details: Contact manager
    Details
    • Parcel number: 0537000655

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence

    Community & neighborhood

    Location
    • Region: Federal Way

    HOA & financial

    Other fees
    • Application fee: $55

    Other

    Other facts
    • Available date: 06/21/2026

    Price history

    DateEventPrice
    7/6/2026Listing removed$2,695$2/sqft
    Source: Zillow Rentals Report a problem
    6/21/2026Price change$2,695-3.6%$2/sqft
    Source: Zillow Rentals Report a problem
    5/30/2026Price change$2,795-5.7%$2/sqft
    Source: Zillow Rentals Report a problem
    5/27/2026Price change$2,965+10%$2/sqft
    Source: Zillow Rentals Report a problem
    5/11/2026Listed for rent$2,695+10%$2/sqft
    Source: Zillow Rentals Report a problem
    6/4/2023Listing removed--
    Source: Zillow Rentals Report a problem
    5/15/2023Listed for rent$2,450+8.9%$2/sqft
    Source: Zillow Rentals Report a problem
    2/18/2021Listing removed--
    Source: Zillow Rental Manager Report a problem
    1/18/2021Listed for rent$2,250$2/sqft
    Source: Zillow Rental Manager Report a problem
    9/19/2007Sold$266,500+43.3%$188/sqft
    Source: NWMLS as distributed by MLS GRID #27065664 Report a problem
    5/22/2002Sold$186,000$131/sqft
    Source: NWMLS as distributed by MLS GRID #22035510 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,403 +6.9%$528,000 +4.3%
    2024$5,056 -0.5%$506,000 +9.8%
    2023$5,082 +12.1%$461,000 +0.9%
    2022$4,534 +12.7%$457,000 +30.2%
    2021$4,023 +9.4%$351,000 +16.6%
    2020$3,678 +5.6%$301,000 +4.2%
    2019$3,482 +9.1%$289,000 +5.5%
    2018$3,191 -10%$274,000 +10.9%
    2017$3,547 +21.3%$247,000 +8.3%
    2016$2,924 $228,000 +0.9%
    2015$2,924 $226,000 +13.6%
    2014$2,924 $199,000 +18.5%
    2013$2,924 $168,000 +5%
    2012-- $160,000 -7%
    2011-- $172,000 -15.7%
    2010-- $204,000
    2009-- $204,000 -2.4%
    2007-- $209,000 +5.6%
    2006-- $198,000 -3.4%
    2005-- $205,000 +28.9%
    2001$2,141 +3.4%$159,000 +7.4%
    2000$2,072 $148,000

    Find assessor info on the county website

    Neighborhood: Steel Lake

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $547,800
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    Estimated market value
    $547,800