Potential for four luxury home sites (just shy of an acre each) with septic designs and water availability letter. Located in Federal Way and situated within easy reach of the region's finest amenities and natural wonders, these home sites offer unparalleled tranquility and convenience. One of the sites features an original home resting on a sprawling 36,000 square-foot plot, characterized by an inviting open floor plan. Ideal for visionary developers and astute investors, this property presents an enticing opportunity for either rehabilitation or additional redevelopment.
Sold
Listed by: Terrafin
Bought with: Triwood Realty
$902,500
37325 8th Avenue S, Federal Way, WA 98003
3beds
2,840sqft
Single Family Residence
Built in 1938
3.43 Acres Lot
$898,000 Zestimate®
$318/sqft
$4,127 Estimated rent
Home value
$898,000
$853,000 - $943,000
$4,127/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Barbara Jo Williams,
Terrafin,
Erika Maddox,
Terrafin
Bought with:
Mark E. Prescott, 80575
Triwood Realty
Source: NWMLS as distributed by MLS GRID,MLS#: 2247155
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Primary bedroom
- Level: Main
Bedroom
- Level: Second
Bedroom
- Level: Lower
Bathroom full
- Level: Main
Bathroom three quarter
- Level: Lower
Other
- Level: Lower
Bonus room
- Level: Second
Entry hall
- Level: Main
Kitchen with eating space
- Level: Main
Living room
- Level: Main
Rec room
- Level: Lower
Utility room
- Level: Lower
Heating
- Fireplace, Hot Water Recirc Pump, Radiant, Wall Unit(s), Electric
Cooling
- None
Appliances
- Included: Dishwashers_, Dryer(s), Microwaves_, Refrigerators_, StovesRanges_, Washer(s), Dishwasher(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Water Heater: Electric
Features
- Dining Room
- Flooring: Softwood, Laminate, Carpet
- Windows: Double Pane/Storm Window
- Basement: Daylight,Finished
- Number of fireplaces: 2
- Fireplace features: Electric, Lower Level: 1, Main Level: 1, Fireplace
Interior area
- Total structure area: 2,840
- Total interior livable area: 2,840 sqft
Property
Parking
- Total spaces: 2
- Parking features: RV Parking, Driveway, Attached Garage
- Attached garage spaces: 2
Features
- Entry location: Main
- Patio & porch: Fir/Softwood, Wall to Wall Carpet, Laminate, Second Kitchen, Double Pane/Storm Window, Dining Room, Fireplace, Water Heater
Lot
- Size: 3.43 Acres
- Dimensions: 518' x 298.3'
- Features: Corner Lot, Open Lot, Paved, Value In Land, Cable TV, Deck, Fenced-Partially, High Speed Internet, Patio, RV Parking
- Topography: Equestrian,Level,PartialSlope,Rolling
- Residential vegetation: Fruit Trees, Garden Space, Pasture
Details
- Parcel number: 3221049023
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Brick, Cement/Concrete, Cement Planked, Metal/Vinyl
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Year built: 1938
Utilities & green energy
- Electric: Company: Puget Sound Energy
- Sewer: Septic Tank, Company: Septic
- Water: Public, Company: Lakehaven
Community & neighborhood
Location
- Region: Federal Way
- Subdivision: S Federal Way
Other
Other facts
- Listing terms: Conventional
- Cumulative days on market: 629 days
Price history
| Date | Event | Price |
|---|---|---|
| 7/15/2024 | Sold | $902,500+0.3%$318/sqft |
Source:  NWMLS as distributed by MLS GRID #2247155 Report a problem | ||
| 6/22/2024 | Pending sale | $900,000$317/sqft |
Source: NWMLS as distributed by MLS GRID #2247155 Report a problem | ||
| 6/12/2024 | Listed for sale | $900,000+38.5%$317/sqft |
Source: NWMLS as distributed by MLS GRID #2247155 Report a problem | ||
| 10/2/2020 | Listing removed | $650,000$229/sqft |
Source: Keller Williams Realty PS #1617235 Report a problem | ||
| 8/18/2020 | Listed for sale | $650,000$229/sqft |
Source: Keller Williams Realty PS #1617235 Report a problem | ||
| 8/13/2020 | Pending sale | $650,000$229/sqft |
Source: Keller Williams Realty PS #1617235 Report a problem | ||
| 7/9/2020 | Price change | $650,000-7.1%$229/sqft |
Source: Keller Williams Realty PS #1617235 Report a problem | ||
| 6/25/2020 | Price change | $700,000+0.1%$246/sqft |
Source: Keller Williams Realty PS #1617235 Report a problem | ||
| 6/9/2020 | Listed for sale | $699,000+88.3%$246/sqft |
Source: Better Properties Summit #1612962 Report a problem | ||
| 3/24/2016 | Sold | $371,250-6%$131/sqft |
Source: NWMLS as distributed by MLS GRID #800813 Report a problem | ||
| 10/20/2015 | Pending sale | $395,000$139/sqft |
Source: John L Scott Real Estate #800813 Report a problem | ||
| 6/10/2015 | Listed for sale | $395,000$139/sqft |
Source: John L Scott Real Estate #800813 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,963 +6.6% | $677,000 +3.8% |
| 2024 | $6,533 +5.5% | $652,000 +15.2% |
| 2023 | $6,195 +3.2% | $566,000 -7.4% |
| 2022 | $6,001 +8.4% | $611,000 +24.9% |
| 2021 | $5,538 -6.2% | $489,000 -0.4% |
| 2020 | $5,902 +2.5% | $491,000 +1.4% |
| 2019 | $5,757 +8.1% | $484,000 +4.3% |
| 2018 | $5,328 -8.9% | $464,000 +12.6% |
| 2017 | $5,848 +22.6% | $412,000 +10.5% |
| 2016 | $4,770 | $373,000 +7.5% |
| 2015 | $4,770 | $347,000 +5.5% |
| 2014 | $4,770 | $329,000 +178.8% |
| 2013 | $4,770 | $118,000 -53% |
| 2012 | -- | $251,000 -12.2% |
| 2011 | -- | $286,000 -8% |
| 2010 | -- | $311,000 |
| 2009 | -- | $311,000 -2.2% |
| 2007 | -- | $318,000 +7.1% |
| 2006 | -- | $297,000 +6.5% |
| 2005 | -- | $279,000 +55% |
| 2001 | $2,414 +1.9% | $180,000 +5.9% |
| 2000 | $2,368 | $170,000 |
Find assessor info on the county website
Neighborhood: 98003
Nearby schools
GreatSchools rating
- 4/10Rainier View Elementary SchoolGrades: PK-5Distance: 1.5 mi
- 4/10Sequoyah Middle SchoolGrades: 6-8Distance: 1.9 mi
- 3/10Todd Beamer High SchoolGrades: 9-12Distance: 0.8 mi
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Estimated market value
$898,000
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
$898,000
- Washington
- King County
- Federal Way
- 98003
- 37325 8th Avenue S
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