Ready to Own the Perfectly Updated Single Story Home in Federal Way? This home has a long term history of positive cash flow and solid tenancy providing so many options as a homeowner / investor! MultiGen / Duplex Functionality OR utilize the space all together! Live in one side and rent the other, or the door that separates them can allow for more fluid living options!! You will love all the updates making this home turn key!! The front unit features 3 bedrooms + 1 full bathroom. Quality laminate throughout. Fresh paint interior and exterior. Updated appliances! Full kitchen with fridge, microwave stove and plenty of space for cooking and dining. The back studio unit was remodeled in the last 5 years - all new cabinetry, kitchen appliances and separate washer/dryer. Giant level, fully fenced back yard could allow expansion. Adult Family Home maybe? 1 car garage attached to front unit. Newer roof and sewer line less than 5 years! This home is near it ALL in Federal Way. NO HOA. (Unit A $2290, Unit B: $1,350 per month.)
Active
Listed by: Theory Real Estate • Kristi N Baitcher
Price cut: $10K (6/2)
$575,000
31327 12th Place S, Federal Way, WA 98003
4beds
1,440sqft
Single Family Residence
Built in 1955
9,374 Square Feet Lot
$567,400 Zestimate®
$399/sqft
$-- HOA
What's special
Kitchen appliancesUpdated appliancesAll new cabinetryQuality laminate throughout
- 92 days |
- 344 |
- 19 |
Zillow last checked:
Listing updated:
Listed by:
Kristi N Baitcher,
Theory Real Estate,
Ronald Dudley,
Theory Real Estate
Source: NWMLS as distributed by MLS GRID,MLS#: 2501656
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 4
Primary bedroom
- Level: Main
Bedroom
- Level: Main
Bedroom
- Level: Main
Bedroom
- Level: Main
Bathroom full
- Level: Main
Bathroom full
- Level: Main
Bonus room
- Level: Main
Dining room
- Level: Main
Entry hall
- Level: Main
Kitchen with eating space
- Level: Main
Living room
- Level: Main
Heating
- Fireplace, Forced Air, Electric, Oil
Cooling
- None
Appliances
- Included: Dishwasher, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer, Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Washer(s), Water Heater: Electric, Water Heater Location: Garage
Features
- Dining Room
- Flooring: Laminate, Vinyl
- Windows: Dbl Pane/Storm Window
- Basement: Unfinished
- Number of fireplaces: 1
- Fireplace features: Wood Burning, Main Level: 1, Fireplace
Interior area
- Total structure area: 1,440
- Total interior livable area: 1,440 sqft
Property
Parking
- Total spaces: 5
- Parking features: Driveway, Attached Garage, Off Street, RV Parking
- Has attached garage: Yes
- Covered spaces: 1
- Uncovered spaces: 4
Features
- Levels: One
- Stories: 1
- Entry location: Main
- Patio & porch: Dbl Pane/Storm Window, Dining Room, Fireplace, Water Heater
- Has view: Yes
- View description: Territorial
Lot
- Size: 9,374 Square Feet
- Features: Curbs, Paved, Fenced-Fully, High Speed Internet, Patio, RV Parking
- Topography: Level,Partial Slope
- Residential vegetation: Garden Space
Details
- Parcel number: 7875200150
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Mid-Century Modern,1 Story
- Property subtype: Single Family Residence
Materials
- Wood Products
- Foundation: Block, Poured Concrete
- Roof: Composition
Condition
- Good
- Year built: 1955
Utilities & green energy
- Sewer: Sewer Connected
- Water: Public
Community & HOA
Community
- Subdivision: Mirror Lake
Location
- Region: Federal Way
Financial & listing details
- Price per square foot: $399/sqft
- Tax assessed value: $514,000
- Annual tax amount: $5,005
- Date on market: 4/3/2026
- Cumulative days on market: 93 days
- Listing terms: Conventional,FHA,State Bond,VA Loan
- Inclusions: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Estimated market value
$567,400
$539,000 - $596,000
$3,080/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/2/2026 | Price change | $575,000-1.7%$399/sqft |
Source:  NWMLS as distributed by MLS GRID #2501656 Report a problem | ||
| 5/7/2026 | Price change | $585,000-1.7%$406/sqft |
Source: NWMLS as distributed by MLS GRID #2501656 Report a problem | ||
| 4/3/2026 | Listed for sale | $594,950+69.5%$413/sqft |
Source: NWMLS as distributed by MLS GRID #2501656 Report a problem | ||
| 3/29/2025 | Listing removed | $2,290$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/8/2025 | Price change | $2,290-33.6%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/22/2025 | Listed for rent | $3,450$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/7/2021 | Sold | $351,000+215.6%$244/sqft |
Source: Public Record Report a problem | ||
| 9/13/1996 | Sold | $111,200$77/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,300 +5.9% | $514,000 +3.2% |
| 2024 | $5,005 +0.6% | $498,000 +10.4% |
| 2023 | $4,976 +10.9% | $451,000 -0.2% |
| 2022 | $4,487 +9.4% | $452,000 +26.3% |
| 2021 | $4,099 +11.5% | $358,000 +18.9% |
| 2020 | $3,678 -1.3% | $301,000 -2.9% |
| 2019 | $3,727 +8.1% | $310,000 +4.4% |
| 2018 | $3,449 -8.8% | $297,000 +12.5% |
| 2017 | $3,784 +30.1% | $264,000 +17.9% |
| 2016 | $2,909 | $224,000 +7.7% |
| 2015 | $2,909 | $208,000 +5.1% |
| 2014 | $2,909 | $198,000 +31.1% |
| 2013 | $2,909 | $151,000 +4.9% |
| 2012 | -- | $144,000 -18.2% |
| 2011 | -- | $176,000 -13.3% |
| 2010 | -- | $203,000 |
| 2009 | -- | $203,000 +3% |
| 2007 | -- | $197,000 +7.7% |
| 2006 | -- | $183,000 +7.6% |
| 2005 | -- | $170,000 +26.9% |
| 2001 | $1,816 +6.3% | $134,000 +10.7% |
| 2000 | $1,708 | $121,000 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: Mirror Lake
Nearby schools
GreatSchools rating
- 3/10Mirror Lake Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 5/10Sacajawea Middle SchoolGrades: 6-8Distance: 0.9 mi
- 3/10Federal Way Senior High SchoolGrades: 9-12Distance: 0.5 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Washington
- King County
- Federal Way
- 98003
- Mirror Lake
- 31327 12th Place S
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Nearby neighborhoods
Nearby zip codes
Other Federal Way Topics
