Enjoy the perfect blend of privacy and convenience in this beautifully remodeled home on a large, peaceful, fully fenced lot with an automatic gate. The bonus 300sqft finished studio is perfect for guests, a home office or extra living. This home features a gorgeous kitchen with granite counters, open living/dining space, and stylish updates throughout. Relax on the covered porch and take advantage of the huge backyard, fire pit, fruit trees and RV/boat parking. Just minutes to shopping and freeway access. This gem is a must see! Assumable 2.25% VA loan available for qualified buyers.
Sold
Listed by: Keller Williams Greater 360
Bought with: COMPASS
$550,000
37226 1st Avenue SW, Federal Way, WA 98023
2beds
940sqft
Single Family Residence
Built in 1943
0.76 Acres Lot
$538,300 Zestimate®
$585/sqft
$2,540 Estimated rent
Home value
$538,300
$495,000 - $581,000
$2,540/mo
Zestimate® history
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$3,326/mo
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List your homeWhat's special
Fruit treesHuge backyardFire pitCovered porch
Zillow last checked:
Listing updated:
Listed by:
Samantha Huntley,
Keller Williams Greater 360
Bought with:
Jesse Misener, 136286
COMPASS
Source: NWMLS as distributed by MLS GRID,MLS#: 2412656
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Primary bedroom
- Level: Main
Bedroom
- Level: Main
Bathroom full
- Level: Main
Dining room
- Level: Main
Entry hall
- Level: Main
Kitchen without eating space
- Level: Main
Living room
- Level: Main
Utility room
- Level: Main
Heating
- Baseboard, Electric
Cooling
- None
Appliances
- Included: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s), Water Heater: Tankless, Water Heater Location: Utility Room
Features
- Dining Room
- Flooring: Laminate, Carpet
- Windows: Double Pane/Storm Window
- Basement: None
- Has fireplace: No
Interior area
- Total structure area: 940
- Total interior livable area: 940 sqft
Property
Parking
- Total spaces: 1
- Parking features: Driveway, Attached Garage, RV Parking
- Has attached garage: Yes
- Covered spaces: 1
Features
- Levels: One
- Stories: 1
- Entry location: Main
- Patio & porch: Double Pane/Storm Window, Dining Room, Water Heater
Lot
- Size: 0.76 Acres
- Features: Dead End Street, Secluded, Fenced-Fully, Outbuildings, RV Parking
- Topography: Level
- Residential vegetation: Fruit Trees, Garden Space, Wooded
Details
- Parcel number: 2188203420
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Wood Products
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Year built: 1943
- Major remodel year: 1972
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
Community & neighborhood
Location
- Region: Federal Way
- Subdivision: Federal Way
Other
Other facts
- Listing terms: Conventional,FHA,VA Loan
- Cumulative days on market: 79 days
Price history
| Date | Event | Price |
|---|---|---|
| 1/5/2026 | Sold | $550,000$585/sqft |
Source:  NWMLS as distributed by MLS GRID #2412656 Report a problem | ||
| 10/7/2025 | Pending sale | $550,000$585/sqft |
Source: NWMLS as distributed by MLS GRID #2412656 Report a problem | ||
| 10/3/2025 | Listed for sale | $550,000+57.1%$585/sqft |
Source: NWMLS as distributed by MLS GRID #2412656 Report a problem | ||
| 5/23/2025 | Listing removed | $2,700$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/16/2025 | Listed for rent | $2,700+8%$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/24/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 5/18/2023 | Listed for rent | $2,500$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/24/2019 | Sold | $350,000-5.4%$372/sqft |
Source: NWMLS as distributed by MLS GRID #1543340 Report a problem | ||
| 11/26/2019 | Pending sale | $369,950$394/sqft |
Source: Skyline Properties, Inc. #1543340 Report a problem | ||
| 11/21/2019 | Price change | $369,950-1.6%$394/sqft |
Source: Skyline Properties, Inc. #1543340 Report a problem | ||
| 10/19/2019 | Price change | $375,950-1.1%$400/sqft |
Source: Skyline Properties, Inc. #1543340 Report a problem | ||
| 10/3/2019 | Price change | $379,950-2.6%$404/sqft |
Source: Skyline Properties, Inc. #1543340 Report a problem | ||
| 9/14/2019 | Listed for sale | $389,950+150%$415/sqft |
Source: Skyline Properties, Inc. #1519378 Report a problem | ||
| 8/11/2017 | Sold | $156,000+39.4%$166/sqft |
Source: NWMLS as distributed by MLS GRID #1152139 Report a problem | ||
| 7/11/2017 | Pending sale | $111,900$119/sqft |
Source: Properties NW of Gig Harbor #1152139 Report a problem | ||
| 6/29/2017 | Listed for sale | $111,900-39.2%$119/sqft |
Source: Properties NW of Gig Harbor #1152139 Report a problem | ||
| 2/24/2017 | Sold | $184,000+75.2%$196/sqft |
Source: Public Record Report a problem | ||
| 5/17/1996 | Sold | $105,000$112/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,230 +6.4% | $512,000 +3.9% |
| 2024 | $4,917 +3.9% | $493,000 +15.2% |
| 2023 | $4,733 +3.3% | $428,000 -7.4% |
| 2022 | $4,582 +8.3% | $462,000 +24.9% |
| 2021 | $4,231 +5.3% | $370,000 +12.1% |
| 2020 | $4,018 +144.9% | $330,000 +151.9% |
| 2019 | $1,640 +3.6% | $131,000 |
| 2018 | $1,583 -41.9% | $131,000 -30.3% |
| 2017 | $2,725 +22.3% | $188,000 +10.6% |
| 2016 | $2,228 | $170,000 +7.6% |
| 2015 | $2,228 | $158,000 +5.3% |
| 2014 | $2,228 | $150,000 -5.1% |
| 2013 | $2,228 | $158,000 -1.3% |
| 2012 | -- | $160,000 -9.6% |
| 2011 | -- | $177,000 -20.6% |
| 2010 | -- | $223,000 |
| 2009 | -- | $223,000 -0.4% |
| 2007 | -- | $224,000 +31% |
| 2006 | -- | $171,000 +8.2% |
| 2005 | -- | $158,000 +21.5% |
| 2001 | $1,765 +4.1% | $130,000 +8.3% |
| 2000 | $1,695 | $120,000 |
Find assessor info on the county website
Neighborhood: 98023
Nearby schools
GreatSchools rating
- 4/10Illahee Middle SchoolGrades: 5-8Distance: 0.7 mi
- 3/10Todd Beamer High SchoolGrades: 9-12Distance: 1.2 mi
- 5/10Enterprise Elementary SchoolGrades: PK-5Distance: 1.4 mi
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Estimated market value
$538,300
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
$538,300
- Washington
- King County
- Federal Way
- 98023
- 37226 1st Avenue SW
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