Charming 4-Bedroom Rambler w/ Spacious Bkyd and Endless Potential on a quiet street! Classic 1961 rambler, offering 4 bdrms, 2 bth, & timeless charm. Nestled on a generous lot, this home features a large backyard perfect for entertaining, gardening, or future expansion. Inside, you’ll find a cozy wood-burning fp in the main living area. The primary bdrm includes a private en-suite bath. A standout feature is the above-garage bdrm—perfect for guests, a home office, or hobby space. 2-car attached garage and a practical layout that offers both space and functionality. Whether you’re looking to move in as-is or personalize and update, this home offers tons of of potential to make it your own. Close to Dash Point Park.
Sold
Listed by: Real Broker LLC
Bought with: Skyline Properties, Inc.
$530,000
31550 55th Avenue SW, Federal Way, WA 98023
4beds
1,420sqft
Single Family Residence
Built in 1961
0.45 Acres Lot
$512,900 Zestimate®
$373/sqft
$3,065 Estimated rent
Home value
$512,900
$472,000 - $559,000
$3,065/mo
Zestimate® history
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$3,185/mo
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List your homeWhat's special
Large backyardPrivate en-suite bath
Zillow last checked:
Listing updated:
Listed by:
Ryan Garrison,
Real Broker LLC,
Jaromy Tagg,
Real Broker LLC
Bought with:
Arron Carr, 120132
Skyline Properties, Inc.
Source: NWMLS as distributed by MLS GRID,MLS#: 2357814
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
- 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 three quarter
- 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: Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s), Water Heater: Electric, Water Heater Location: Garage
Features
- Bath Off Primary, Dining Room
- Flooring: Vinyl, Carpet
- Basement: None
- Number of fireplaces: 1
- Fireplace features: Wood Burning, Main Level: 1, Fireplace
Interior area
- Total structure area: 1,420
- Total interior livable area: 1,420 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached Garage
- Attached garage spaces: 2
Features
- Levels: One and One Half
- Stories: 1
- Entry location: Main
- Patio & porch: Bath Off Primary, Dining Room, Fireplace, Water Heater
- Has view: Yes
- View description: Territorial
Lot
- Size: 0.45 Acres
- Features: Adjacent to Public Land, Dead End Street, Paved, Secluded, Cable TV, Deck, Fenced-Partially, Outbuildings, Patio
- Topography: Level
Details
- Parcel number: 3210200316
- Zoning: RS9.6
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Year built: 1961
Utilities & green energy
- Electric: Company: Puget Sound Energy
- Sewer: Septic Tank, Company: Septic
- Water: Public, Company: Tacoma City Water
Community & neighborhood
Location
- Region: Federal Way
- Subdivision: Dash Point
Other
Other facts
- Listing terms: Conventional,FHA,VA Loan
- Cumulative days on market: 262 days
Price history
| Date | Event | Price |
|---|---|---|
| 6/13/2025 | Sold | $530,000+2.1%$373/sqft |
Source:  NWMLS as distributed by MLS GRID #2357814 Report a problem | ||
| 4/15/2025 | Pending sale | $519,000$365/sqft |
Source: NWMLS as distributed by MLS GRID #2357814 Report a problem | ||
| 4/10/2025 | Listed for sale | $519,000$365/sqft |
Source: NWMLS as distributed by MLS GRID #2357814 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,126 +0.6% | $494,000 -2.6% |
| 2024 | $5,097 +0.7% | $507,000 +10.5% |
| 2023 | $5,061 +3.4% | $459,000 -7.3% |
| 2022 | $4,896 +7.1% | $495,000 +23.4% |
| 2021 | $4,571 +15.1% | $401,000 +23% |
| 2020 | $3,971 +4.9% | $326,000 +3.5% |
| 2019 | $3,786 +8.3% | $315,000 +4.7% |
| 2018 | $3,495 -11.3% | $301,000 +9.5% |
| 2017 | $3,938 +23.9% | $275,000 +11.3% |
| 2016 | $3,179 | $247,000 +6.5% |
| 2015 | $3,179 | $232,000 +6.9% |
| 2014 | $3,179 | $217,000 +9.6% |
| 2013 | $3,179 | $198,000 +20% |
| 2012 | -- | $165,000 -6.3% |
| 2011 | -- | $176,000 -16.2% |
| 2010 | -- | $210,000 |
| 2009 | -- | $210,000 -2.8% |
| 2007 | -- | $216,000 +9.1% |
| 2006 | -- | $198,000 +6.5% |
| 2005 | -- | $186,000 +25.7% |
| 2001 | $1,998 +3.2% | $148,000 +7.2% |
| 2000 | $1,937 | $138,000 |
Find assessor info on the county website
Neighborhood: Twin Lakes
Nearby schools
GreatSchools rating
- 8/10Twin Lakes Elementary SchoolGrades: PK-5Distance: 0.7 mi
- 5/10Lakota Middle SchoolGrades: 6-8Distance: 2.3 mi
- 4/10Decatur High SchoolGrades: 9-12Distance: 1.6 mi
Schools provided by the listing agent
- Elementary: Twin Lakes Elem
- Middle: Lakota Mid Sch
- High: Decatur High
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
$512,900
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
$512,900
- Washington
- King County
- Federal Way
- 98023
- Twin Lakes
- 31550 55th Avenue SW
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