PRICE IMPROVEMENT! Don’t miss this beautifully updated 4-bedroom, 2.5-bath home on a spacious corner lot in a sought-after neighborhood. Framed by mature trees, this inviting property blends comfort, style, and everyday convenience. Step inside to soaring vaulted ceilings, abundant natural light, and a cozy wood-burning fireplace that makes the living room feel instantly welcoming. The impressive kitchen is designed for both daily living and entertaining, with rich wood cabinetry, soft-close drawers, granite countertops, stainless steel appliances, and a large island with seating that flows into the dining area. A separate family room adds even more flexible space to gather, relax, or host. The primary suite offers double closets, a private ensuite, and direct access to the expansive back deck—perfect for morning coffee or evening unwinding. Three additional bedrooms plus a bonus/flex room provide room for guests, work, hobbies, or play. Thoughtful updates include laminate hardwood floors, designer fixtures, energy-efficient windows, AC, a tankless water heater, enhanced electrical panel, and newly insulated crawl space and attic. Outside, enjoy a fully fenced yard, generous deck, and oversized two-car detached garage/shop with excellent storage and project space. Commuters will love quick access to I-5, Hwy 18, and Hwy 167, with schools, shopping, restaurants, and amenities nearby. Move-in ready and full of value, this home is one you’ll want to see in person.
Pending
Listed by: Person Real Estate Group LLC • Lisa Williams
Price cut: $25.1K (8/13)
$599,950
3131 S 368th Street, Federal Way, WA 98003
4beds
2,110sqft
Single Family Residence
Built in 1940
0.29 Acres Lot
$598,800 Zestimate®
$284/sqft
$-- HOA
What's special
Cozy wood-burning fireplaceDesigner fixturesImpressive kitchenAbundant natural lightLaminate hardwood floorsGenerous deckLarge island with seating
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- on Zillow
- 68
- views
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Zillow last checked:
Listing updated:
Listed by:
Lisa Williams,
Person Real Estate Group LLC
Source: NWMLS as distributed by MLS GRID,MLS#: 2562271
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 1
- 3/4 bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 3
- Main level bedrooms: 4
Primary bedroom
- Level: Main
Bedroom
- Level: Main
Bedroom
- Level: Main
Bedroom
- Level: Main
Bathroom three quarter
- Level: Main
Bathroom full
- Level: Main
Other
- Level: Main
Other
- Level: Main
Dining room
- Level: Main
Entry hall
- Level: Main
Family room
- Level: Main
Kitchen without eating space
- Level: Main
Living room
- Level: Main
Utility room
- Level: Main
Heating
- Fireplace, Forced Air, Natural Gas
Cooling
- Has cooling: Yes
Appliances
- Included: Dishwasher, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer, Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Washer(s), Water Heater: Tankless/Gas, Water Heater Location: Utility Room
Features
- Bath Off Primary, High Tech Cabling
- Flooring: Laminate, Carpet
- Windows: Dbl Pane/Storm Window
- Basement: None
- Number of fireplaces: 1
- Fireplace features: Wood Burning, Main Level: 1, Fireplace
Interior area
- Total structure area: 2,110
- Total interior livable area: 2,110 sqft
Property
Parking
- Total spaces: 6
- Parking features: Detached Garage, RV Parking
- Has garage: Yes
- Covered spaces: 2
- Uncovered spaces: 4
Features
- Levels: One
- Stories: 1
- Entry location: Main
- Patio & porch: Bath Off Primary, Dbl Pane/Storm Window, Fireplace, High Tech Cabling, Vaulted Ceiling(s), Walk-In Closet(s), Water Heater
- Has view: Yes
- View description: Territorial
Lot
- Size: 0.29 Acres
- Features: Corner Lot, Paved, Cable TV, Deck, Fenced-Fully, Gas Available, High Speed Internet, Outbuildings, RV Parking
- Topography: Level
- Residential vegetation: Garden Space
Details
- Parcel number: 3321049046
- Zoning: R4
- Zoning description: Jurisdiction: County
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: 1 Story
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Very Good
- Year built: 1940
Utilities & green energy
- Electric: Company: PSE
- Sewer: Septic Tank, Company: Septic
- Water: Public, Company: Lakehaven Utility
- Utilities for property: Xfinity, Xfinity
Community & HOA
Community
- Subdivision: Enchanted Village
Location
- Region: Federal Way
Financial & listing details
- Price per square foot: $284/sqft
- Tax assessed value: $626,000
- Annual tax amount: $6,439
- Date on market: 7/31/2026
- Listing terms: Conventional,FHA,USDA Loan,VA Loan
- Inclusions: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Estimated market value
$598,800
$569,000 - $629,000
$3,709/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/17/2026 | Pending sale | $599,950$284/sqft |
Source:  NWMLS as distributed by MLS GRID #2562271 Report a problem | ||
| 8/13/2026 | Price change | $599,950-4%$284/sqft |
Source: NWMLS as distributed by MLS GRID #2562271 Report a problem | ||
| 7/31/2026 | Listed for sale | $625,000+69.9%$296/sqft |
Source: NWMLS as distributed by MLS GRID #2562271 Report a problem | ||
| 12/23/2016 | Sold | $367,950$174/sqft |
Source: NWMLS as distributed by MLS GRID #939020 Report a problem | ||
| 12/5/2016 | Pending sale | $367,950$174/sqft |
Source: Windermere Real Estate/East, Inc. #939020 Report a problem | ||
| 11/21/2016 | Listed for sale | $367,950$174/sqft |
Source: Windermere Real Estate/East, Inc. #939020 Report a problem | ||
| 11/14/2016 | Pending sale | $367,950$174/sqft |
Source: Windermere Real Estate/East, Inc. #939020 Report a problem | ||
| 9/14/2016 | Price change | $367,950-0.5%$174/sqft |
Source: Windermere Real Estate/East, Inc. #939020 Report a problem | ||
| 8/11/2016 | Price change | $369,950-2.6%$175/sqft |
Source: Windermere Real Estate/East, Inc. #939020 Report a problem | ||
| 7/22/2016 | Listed for sale | $379,950$180/sqft |
Source: Windermere Real Estate/East, Inc. #939020 Report a problem | ||
| 7/11/2016 | Pending sale | $379,950$180/sqft |
Source: Windermere Real Estate/East, Inc. #939020 Report a problem | ||
| 7/9/2016 | Price change | $379,950-5%$180/sqft |
Source: Windermere Real Estate/East, Inc. #939020 Report a problem | ||
| 5/26/2016 | Price change | $399,950-5.9%$190/sqft |
Source: Windermere Real Estate/East, Inc. #939020 Report a problem | ||
| 5/19/2016 | Price change | $424,950-5.6%$201/sqft |
Source: Windermere Real Estate/East, Inc. #939020 Report a problem | ||
| 5/8/2016 | Listed for sale | $449,950+148.5%$213/sqft |
Source: Windermere Real Estate/East, Inc. #939020 Report a problem | ||
| 1/13/2016 | Sold | $181,100+0.6%$86/sqft |
Source: Public Record Report a problem | ||
| 7/20/2015 | Price change | $180,000-10%$85/sqft |
Source: Better Properties South Hill #759537 Report a problem | ||
| 5/14/2015 | Price change | $199,950-9.5%$95/sqft |
Source: Better Properties South Hill #759537 Report a problem | ||
| 3/31/2015 | Listed for sale | $221,000$105/sqft |
Source: Better Properties South Hill #759537 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,887 +7% | $626,000 +5.4% |
| 2024 | $6,438 -5.9% | $594,000 +3.3% |
| 2023 | $6,838 +3.9% | $575,000 -7.3% |
| 2022 | $6,583 +9.1% | $620,000 +27.3% |
| 2021 | $6,033 +10.1% | $487,000 +18.8% |
| 2020 | $5,481 +4.2% | $410,000 +3.8% |
| 2019 | $5,262 +8.6% | $395,000 +5.6% |
| 2018 | $4,847 +18.9% | $374,000 +46.1% |
| 2017 | $4,075 +24.6% | $256,000 +16.9% |
| 2016 | $3,269 | $219,000 +1.4% |
| 2015 | $3,269 | $216,000 +6.4% |
| 2014 | $3,269 | $203,000 +20.8% |
| 2013 | $3,269 | $168,000 +2.4% |
| 2012 | -- | $164,000 -16.3% |
| 2011 | -- | $196,000 -7.5% |
| 2010 | -- | $212,000 |
| 2009 | -- | $212,000 -4.1% |
| 2007 | -- | $221,000 +20.1% |
| 2006 | -- | $184,000 +5.7% |
| 2005 | -- | $174,000 +31.8% |
| 2001 | $1,847 -2.8% | $132,000 |
| 2000 | $1,900 | $132,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Lakeland South
Nearby schools
Schools provided by the listing agent
- Elementary: Rainier View Elem
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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