***NEW 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.
Active
Listed by: Redfin
Price cut: $64K (6/21)
$675,000
3623 SW 331st Place, Federal Way, WA 98023
3beds
1,870sqft
Single Family Residence
Built in 1978
7,875 Square Feet Lot
$673,500 Zestimate®
$361/sqft
$-- HOA
What's special
Wood-burning fireplaceExpanded patioNew garage doorsFresh lvp flooringFull hall bathNew roofFully reimagined tri-level
- 10 days |
- 367 |
- 26 |
Zillow last checked:
Listing updated:
Listed by:
Bryan Cooke,
Redfin
Source: NWMLS as distributed by MLS GRID,MLS#: 2540490
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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: $361/sqft
- Tax assessed value: $574,000
- Annual tax amount: $5,574
- Date on market: 6/17/2026
- Cumulative days on market: 11 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
$673,500
$640,000 - $707,000
$3,136/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/21/2026 | Price change | $675,000-8.7%$361/sqft |
Source:  NWMLS as distributed by MLS GRID #2540490 Report a problem | ||
| 6/17/2026 | Listed for sale | $739,000+97.1%$395/sqft |
Source: NWMLS as distributed by MLS GRID #2540490 Report a problem | ||
| 5/7/2018 | Sold | $375,000-2.6%$201/sqft |
Source: NWMLS as distributed by MLS GRID #1253097 Report a problem | ||
| 3/17/2018 | Pending sale | $384,950$206/sqft |
Source: Golden West Properties #1253097 Report a problem | ||
| 3/15/2018 | Listed for sale | $384,950$206/sqft |
Source: Golden West Properties #1253097 Report a problem | ||
| 3/14/2018 | Pending sale | $384,950$206/sqft |
Source: Golden West Properties #1253097 Report a problem | ||
| 3/8/2018 | Listed for sale | $384,950$206/sqft |
Source: Golden West Properties #1253097 Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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 | $161,000 |
Find assessor info on the county website
Monthly payment
Est. payment$--/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: Twin Lakes
Getting around
30 / 100
Some TransitNearby schools
GreatSchools rating
- 4/10Brigadoon Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 3/10Technology Access Foundation Academy at SaghalieGrades: 6-12Distance: 1.2 mi
- 4/10Decatur High SchoolGrades: 9-12Distance: 1 mi
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.
A local agent can set up tours, give advice and negotiate with sellers.
- Washington
- King County
- Federal Way
- 98023
- Twin Lakes
- 3623 SW 331st Place
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