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    • Listed by: Redfin • Bryan Cooke
    Price cut: $19K (7/30)
    $630,000

    3623 SW 331st Place, Federal Way, WA 98023

    3beds
    1,870sqft
    : 
    $3,866/mo
    Get pre-qualified
    Single Family Residence
    Built in 1978
    7,875 Square Feet Lot
    $629,500 Zestimate®
    $337/sqft
    $-- HOA

    What's special

    Wood-burning fireplaceExpanded patioNew garage doorsFresh lvp flooringFull hall bathNew roofFully reimagined tri-level
    ***NEW LOW PRICE*** This fully reimagined tri-level in Twin Lakes Highlands offers every major update already done - move in and enjoy from day one. Inside, fresh LVP flooring flows throughout the home, complemented by all-new interior and exterior paint. The kitchen features durable ceramic tile and opens to a warm living room anchored by a wood-burning fireplace. A separate rec room with a gas free-standing stove creates the perfect flex space for work or play. Upstairs, three bedrooms include a primary suite with its own 3/4 bath, plus a full hall bath. Additional upgrades: new roof, new garage doors, and a garage pre-wired for an EV charger. Outside is where this home truly shines. A brand-new stamped concrete driveway and expanded patio set the stage for an entertainer's backyard unlike any other. A custom covered patio with bistro lighting and a gas fireplace extends your living season year-round. Soak in the new hot tub beneath a stylish cabana, and take advantage of the covered area - ideal for a play structure or RV/boat parking. Garden tool shed keeps the garage clean. All of this on a generous 7,875 sq ft lot. Twin Lakes Highlands is one of Federal Way's most beloved communities - built around an 18-hole golf course, three scenic lakes, and parks with Puget Sound and Olympic Mountain views. It's the kind of neighborhood people don't want to leave.
    56 days
    |
    481
    |
    65
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Bryan Cooke,

    Redfin

    Source: NWMLS as distributed by MLS GRID,MLS#: 2540490MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 1
      • 3/4 bathrooms: 1
      • 1/2 bathrooms: 1
      Primary bedroom
      • Level: Second
      Bedroom
      • Level: Second
      Bedroom
      • Level: Second
      Bathroom full
      • Level: Second
      Bathroom three quarter
      • Level: Second
      Other
      • Level: Lower
      Dining room
      • Level: Main
      Entry hall
      • Level: Main
      Kitchen with eating space
      • Level: Main
      Living room
      • Level: Main
      Rec room
      • Level: Lower
      Heating
      • Fireplace, Forced Air, Natural Gas, Wood
      Cooling
      • None
      Appliances
      • Included: Disposal, Double Oven, Dryer, Microwave, See Remarks, Stove(s)/Range(s), Washer, Dryer(s), Garbage Disposal, Microwave(s), Washer(s), Water Heater: Gas, Water Heater Location: Garage
      Features
      • Bath Off Primary, Ceiling Fan(s), Dining Room
      • Flooring: Concrete, Vinyl Plank
      • Doors: French Doors
      • Windows: Dbl Pane/Storm Window
      • Basement: Finished
      • Number of fireplaces: 2
      • Fireplace features: Gas, Wood Burning, Lower Level: 1, Main Level: 1, Fireplace
      Interior area
      • Total structure area: 1,870
      • Total interior livable area: 1,870 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Attached Garage, RV Parking
      • Has attached garage: Yes
      • Covered spaces: 2
      Features
      • Levels: Three Or More
      • Entry location: Main
      • Patio & porch: Bath Off Primary, Ceiling Fan(s), Dbl Pane/Storm Window, Dining Room, Fireplace, French Doors, Walk-In Closet(s), Water Heater, Wine/Beverage Refrigerator
      • Has spa: Yes
      Lot
      • Size: 7,875 Square Feet
      • Features: Curbs, Paved, Sidewalk, Cabana/Gazebo, Cable TV, Electric Car Charging, Fenced-Fully, Gas Available, High Speed Internet, Hot Tub/Spa, Outbuildings, Outdoor Fireplace, Patio, RV Parking
      • Topography: Level,Partial Slope
      Details
      • Parcel number: 8732130120
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Tri-Level
      • Property subtype: Single Family Residence
      Materials
      • Cement Planked, Wood Products, Cement Plank
      • Foundation: Poured Concrete
      • Roof: Composition
      Condition
      • Very Good
      • Year built: 1978

      Utilities & green energy

      • Electric: Company: PSE
      • Sewer: Sewer Connected
      • Water: Public, Company: Lakehaven
      • Utilities for property: Xfinity, Xfinity

      Community & HOA

      Community
      • Subdivision: Twin Lakes
      Location
      • Region: Federal Way

      Financial & listing details

      • Price per square foot: $337/sqft
      • Tax assessed value: $574,000
      • Annual tax amount: $5,574
      • Date on market: 6/22/2026
      • Cumulative days on market: 52 days
      • Listing terms: Conventional,FHA,VA Loan
      • Inclusions: Double Oven, Dryer(s), Garbage Disposal, Microwave(s), See Remarks, Stove(s)/Range(s), Washer(s)

        Estimated market value

        $629,500

        $598,000 - $661,000

        $3,159/mo

        Price history

        DateEventPrice
        7/30/2026Price change$630,000-2.9%$337/sqft
        Source: NWMLS as distributed by MLS GRID #2540490 Report a problem
        7/21/2026Price change$649,000-2.4%$347/sqft
        Source: NWMLS as distributed by MLS GRID #2540490 Report a problem
        7/9/2026Price change$665,000-1.5%$356/sqft
        Source: NWMLS as distributed by MLS GRID #2540490 Report a problem
        7/2/2026Pending sale$675,000$361/sqft
        Source: NWMLS as distributed by MLS GRID #2540490 Report a problem
        6/21/2026Price change$675,000-8.7%$361/sqft
        Source: NWMLS as distributed by MLS GRID #2540490 Report a problem
        6/17/2026Listed for sale$739,000+97.1%$395/sqft
        Source: NWMLS as distributed by MLS GRID #2540490 Report a problem
        5/7/2018Sold$375,000-2.6%$201/sqft
        Source: NWMLS as distributed by MLS GRID #1253097 Report a problem
        3/17/2018Pending sale$384,950$206/sqft
        Source: Golden West Properties #1253097 Report a problem
        3/15/2018Listed for sale$384,950$206/sqft
        Source: Golden West Properties #1253097 Report a problem
        3/14/2018Pending sale$384,950$206/sqft
        Source: Golden West Properties #1253097 Report a problem
        3/8/2018Listed for sale$384,950$206/sqft
        Source: Golden West Properties #1253097 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$5,906 +6%$574,000 +3.2%
        2024$5,574 +0.7%$556,000 +10.3%
        2023$5,537 +2.7%$504,000 -7.9%
        2022$5,390 +8.1%$547,000 +24.6%
        2021$4,988 +7.6%$439,000 +14.6%
        2020$4,637 +5.3%$383,000 +4.1%
        2019$4,404 +8.3%$368,000 +4.5%
        2018$4,068 -7.2%$352,000 +14.7%
        2017$4,384 +22.6%$307,000 +10.4%
        2016$3,577 $278,000 +7.8%
        2015$3,577 $258,000 +5.3%
        2014$3,577 $245,000 +36.1%
        2013$3,577 $180,000 +7.1%
        2012-- $168,000 -18%
        2011-- $205,000 -13.1%
        2010-- $236,000
        2009-- $236,000 +0.9%
        2007-- $234,000 +7.3%
        2006-- $218,000 +7.9%
        2005-- $202,000 +19.5%
        2001$2,271 +1.1%$169,000 +5%
        2000$2,247 $161,000
        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.
        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.
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        Climate risks

        Neighborhood: Twin Lakes

        Getting around

        26 / 100
        Car-Dependent
        37 / 100
        Some Transit
        30 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Brigadoon Elem
        • 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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