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Off market
  • Zillow Home logoZestimate®
    $771,000

    31204 8th Ave SW, Federal Way, WA 98023

    2beds
    1,420sqft
    Single Family Residence
    Built in 1943
    0.38 Acres Lot
    $771,000 Zestimate®
    $543/sqft
    $2,661 Estimated rent

    Home value

    $771,000

    $732,000 - $810,000

    $2,661/mo

    Zestimate® history
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    What's special

    Experience elevated lakefront living in this fully renovated retreat, where breathtaking sunset views, modern comfort, and everyday convenience come together seamlessly. Privately tucked behind a gated entry, this serene waterfront escape offers exceptional privacy just minutes from shopping, dining, grocery stores, major commuter routes, and Light Rail access.Set back from the shoreline for enhanced privacy and sweeping panoramic vistas, the home frames picturesque lake views from nearly every room-like a living work of art. The light-filled open-concept main level is designed for effortless indoor-outdoor living, with expansive windows overlooking the spacious yard and tranquil water beyond.The beautifully remodeled kitchen features premium appliances, elegant glass-front cabinetry, abundant storage, and intimate bar seating that flows seamlessly into the dining and living areas. A spa-inspired bath suite, dedicated office/laundry area, and flexible guest space add both comfort and versatility. Upstairs, the tranquil primary suite opens to a covered private patio overlooking the lake, an ideal setting for morning coffee or evening sunsets.Enjoy fishing, swimming, and paddleboarding just steps away, while refinished hardwood floors add timeless warmth throughout. Extensive upgrades, including updated plumbing, electrical, Hardie siding, and A/C, make this exceptional lakefront home truly move-in ready.

    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: John L Scott Real Estate,MLS#: 2529892

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Electric
    Appliances
    • Included: Dishwasher, Dryer, Washer, Microwave, Refrigerator
    Features
    • Skylight(s)
    • Flooring: Carpet, Hardwood
    • Windows: Skylight(s)
    • Has basement: No
    Interior area
    • Total structure area: 1,420
    • Total interior livable area: 1,420 sqft

    Property

    Parking
    • Parking features: RV Access/Parking
    Features
    • Patio & porch: Patio, Deck
    • Exterior features: Dock
    • Has view: Yes
    • View description: Territorial
    Lot
    • Size: 0.38 Acres
    Details
    • Parcel number: 5559200065

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Wood, Stone
    • Roof: Composition
    Condition
    • Year built: 1943

    Community & HOA

    Community
    • Security: Gated Entry
    Location
    • Region: Federal Way

    Financial & listing details

    • Price per square foot: $543/sqft
    • Tax assessed value: $573,000
    • Annual tax amount: $5,821
    • Date on market: 5/26/2026
    • Lease term: Contact For Details
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    4/18/2022Sold$764,000+9.2%$538/sqft
    Source: NWMLS as distributed by MLS GRID #1901460 Report a problem
    3/23/2022Pending sale$699,900$493/sqft
    Source: NWMLS as distributed by MLS GRID #1901460 Report a problem
    3/15/2022Listed for sale$699,900+59.1%$493/sqft
    Source: NWMLS as distributed by MLS GRID #1901460 Report a problem
    1/10/2018Sold$439,999$310/sqft
    Source: NWMLS as distributed by MLS GRID #1208579 Report a problem
    11/28/2017Pending sale$439,999$310/sqft
    Source: Puyallup #1208579 Report a problem
    11/22/2017Price change$439,999-2.2%$310/sqft
    Source: Puyallup #1208579 Report a problem
    11/11/2017Price change$449,999-2.2%$317/sqft
    Source: Puyallup #1208579 Report a problem
    11/4/2017Price change$459,999-2.1%$324/sqft
    Source: Puyallup #1208579 Report a problem
    10/20/2017Listed for sale$469,999+53.3%$331/sqft
    Source: Keller Williams Realty #1208579 Report a problem
    5/12/2015Sold$306,500-2.7%$216/sqft
    Source: NWMLS as distributed by MLS GRID #763818 Report a problem
    4/12/2015Pending sale$315,000$222/sqft
    Source: John L Scott Real Estate #763818 Report a problem
    4/4/2015Price change$315,000+9%$222/sqft
    Source: John L Scott Real Estate #763818 Report a problem
    3/2/2015Price change$289,000-6.5%$204/sqft
    Source: Newberry Realty, Inc. #731100 Report a problem
    1/13/2015Listed for sale$309,000+107.4%$218/sqft
    Source: Newberry Realty, Inc. #731100 Report a problem
    9/30/1999Sold$149,000$105/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,821 +5.8%$573,000 +3.2%
    2024$5,504 -0.4%$555,000 +10.3%
    2023$5,527 +25%$503,000 +13%
    2022$4,420 +9.3%$445,000 +26.1%
    2021$4,045 -11.7%$353,000 -6.6%
    2020$4,579 +8.6%$378,000 +7.4%
    2019$4,217 +8.2%$352,000 +4.5%
    2018$3,899 -8.7%$337,000 +12.7%
    2017$4,272 +42%$299,000 +17.7%
    2016$3,009 $254,000 +17.6%
    2015$3,009 $216,000 +5.4%
    2014$3,009 $205,000 +17.8%
    2013$3,009 $174,000 +4.8%
    2012-- $166,000 -8.3%
    2011-- $181,000 -6.2%
    2010-- $193,000
    2009-- $193,000 -36.5%
    2007-- $304,000 +7.4%
    2006-- $283,000 +18.9%
    2005-- $238,000 +36.8%
    2001$2,336 +14.2%$174,000 +19.2%
    2000$2,045 $146,000
    Find assessor info on the county website

    Neighborhood: Mirror Lake

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Lake Grove Elem
    • Middle: Lakota Mid Sch
    • High: Federal Way Snr High

    Source: John L Scott Real Estate. 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
    $771,000
    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
    $771,000