Seven large lots with FINAL ENGINEERING in wooded setting in Federal Way. Approved lot sizes range from 18,000 to 21,000 sf. This is a shovel ready project! Some lots will have Mt Rainier views after tree clearing. No wetland or stream issues. Slight slope on three lots will accommodate basement floor plans and large yards. Local area about to undergo significant change: low-pressure sewer to be completed in June (apprx). Two independent bids put site development cost @ $70k/lot.
Sold for $1,265,000
$1,265,000
36520 3rd Ave SW, Federal Way, WA 98023
0beds
0baths
4.18Acres
VacantLand
Built in 2024
4.18 Acres Lot
$-- Zestimate®
$408/sqft
$2,229 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,229/mo
Zestimate® history
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$7,688/mo
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List your homeWhat's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 0
- Bathrooms: 0
Heating
- Heat pump, Gas
Features
- Basement: Finished
- Has fireplace: Yes
Interior area
- Total interior livable area: 3,100 sqft
Property
Parking
- Parking features: Garage - Attached
Features
- Has view: Yes
- View description: Mountain
Lot
- Size: 4.18 Acres
- Topography: Rolling
Details
- Parcel number: 3021049069
Utilities & green energy
- Sewer: Not Available
Community & HOA
Location
- Region: Federal Way
Financial & listing details
- Price per square foot: $408/sqft
- Tax assessed value: $989,000
- Annual tax amount: $9,888
Price history
| Date | Event | Price |
|---|---|---|
| 7/8/2026 | Sold | $1,265,000+212.3%$408/sqft |
Source: Public Record Report a problem | ||
| 8/22/2017 | Sold | $405,000-4.7%$131/sqft |
Source: NWMLS as distributed by MLS GRID #1084572 Report a problem | ||
| 8/9/2017 | Pending sale | $425,000$137/sqft |
Source: Principle Real Estate #1084572 Report a problem | ||
| 7/21/2017 | Listed for sale | $425,000-46.9%$137/sqft |
Source: Principle Real Estate #1084572 Report a problem | ||
| 1/1/2015 | Listing removed | $799,950$258/sqft |
Source: John L Scott Real Estate #579649 Report a problem | ||
| 6/29/2013 | Listed for sale | $799,950+53.2%$258/sqft |
Source: John L Scott Real Estate #509026 Report a problem | ||
| 12/10/2007 | Sold | $522,000$168/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,888 +86.9% | $989,000 +92.4% |
| 2024 | $5,290 +239.3% | $514,000 +301.6% |
| 2023 | $1,559 -50.3% | $128,000 -58.7% |
| 2022 | $3,137 -0.3% | $310,000 +14.4% |
| 2021 | $3,146 +20.3% | $271,000 +29% |
| 2020 | $2,615 +2% | $210,000 |
| 2019 | $2,563 +3.6% | $210,000 |
| 2018 | $2,473 -10.7% | $210,000 +9.9% |
| 2017 | $2,768 +12.7% | $191,000 +9.8% |
| 2016 | $2,456 | $174,000 +4.8% |
| 2015 | $2,456 | $166,000 |
| 2014 | $2,456 | $166,000 +12.1% |
| 2013 | $2,456 | $148,100 |
| 2012 | -- | $148,100 -10.3% |
| 2011 | -- | $165,100 -22.9% |
| 2010 | -- | $214,000 |
| 2009 | -- | $214,000 -46.4% |
| 2007 | -- | $399,000 +6.4% |
| 2006 | -- | $375,000 +8.1% |
| 2005 | -- | $347,000 +33.5% |
| 2001 | $3,454 +0.6% | $260,000 +4.4% |
| 2000 | $3,431 | $249,000 |
Find assessor info on the county website
Neighborhood: 98023
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Nearby schools
GreatSchools rating
- 4/10Illahee Middle SchoolGrades: 5-8Distance: 0.3 mi
- 3/10Todd Beamer High SchoolGrades: 9-12Distance: 1.1 mi
- 5/10Enterprise Elementary SchoolGrades: PK-5Distance: 0.9 mi
Schools provided by the listing agent
- Middle: Illahee Jnr High
- District: Federal Way
Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- Washington
- King County
- Federal Way
- 98023
- 36520 3rd Ave SW
