Welcome home to this adorable well-maintained rambler with a rare 2nd lot! This home offers 2 beds and 1 bath with an ideal layout to maximize the space. Generous living room, galley style kitchen, and easy access to the back deck for BBQing and entertaining. The home is placed on a large corner lot that gives you a territorial view. Need a larger yard for entertaining or for potentially building a large garage/shop/ADU? You're in luck! Parcel 2188200695 (6000 sqft lot to the west) is included in the sale! Plenty of parking for RV, boat, camper, extra vehicles, etc. Walkable neighborhood and rural setting with only a moment's drive to most amenities! Must see!
Sold
Listed by: Keller Williams Rty Tacoma • Jeremy Logar
Bought with: John L. Scott, Inc
$470,000
409 SW 368th Street, Federal Way, WA 98023
2beds
830sqft
Single Family Residence
Built in 1942
0.28 Acres Lot
$440,200 Zestimate®
$566/sqft
$2,298 Estimated rent
Home value
$440,200
$409,000 - $471,000
$2,298/mo
Zestimate® history
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$2,298/mo
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$2,885/mo
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List your homeWhat's special
Galley style kitchenTerritorial viewLarge corner lot
Zillow last checked:
Listing updated:
Listed by:
Jeremy Logar,
Keller Williams Rty Tacoma,
Chad Hauer,
Keller Williams Rty Tacoma
Bought with:
Stacy Edward Guerra, 24012379
John L. Scott, Inc
Source: NWMLS as distributed by MLS GRID,MLS#: 2347815
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
Entry hall
- Level: Main
Kitchen with 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: Electric/Tank, Water Heater Location: Storage Room
Features
- Flooring: Laminate, Carpet
- Windows: Double Pane/Storm Window
- Basement: None
- Has fireplace: No
Interior area
- Total structure area: 830
- Total interior livable area: 830 sqft
Property
Parking
- Parking features: Driveway, Off Street, RV Parking
Features
- Levels: One
- Stories: 1
- Entry location: Main
- Patio & porch: Double Pane/Storm Window, Laminate, Water Heater
- Has view: Yes
- View description: Territorial
Lot
- Size: 0.28 Acres
- Features: Paved, Cable TV, Deck, Fenced-Fully, Fenced-Partially, High Speed Internet, Outbuildings, RV Parking
- Topography: Level,Partial Slope
- Residential vegetation: Garden Space
Details
- Parcel number: 2188200545
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional,1 Story
- Property subtype: Single Family Residence
Materials
- Wood Siding, Wood Products
- Foundation: Block
- Roof: Composition
Condition
- Year built: 1942
Utilities & green energy
- Electric: Company: PSE
- Sewer: Septic Tank, Company: Septic
- Water: Public, Company: Lake Public
Community & HOA
Community
- Subdivision: Federal Way
Location
- Region: Federal Way
Financial & listing details
- Price per square foot: $566/sqft
- Tax assessed value: $372,000
- Annual tax amount: $3,734
- Date on market: 3/29/2025
- Cumulative days on market: 480 days
- Listing terms: Conventional,FHA,VA Loan
- Inclusions: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Price history
| Date | Event | Price |
|---|---|---|
| 4/25/2025 | Sold | $470,000+2.2%$566/sqft |
Source:  NWMLS as distributed by MLS GRID #2347815 Report a problem | ||
| 3/25/2025 | Pending sale | $460,000$554/sqft |
Source: NWMLS as distributed by MLS GRID #2347815 Report a problem | ||
| 3/21/2025 | Listed for sale | $460,000+58.1%$554/sqft |
Source: NWMLS as distributed by MLS GRID #2347815 Report a problem | ||
| 1/25/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 1/23/2024 | Listed for rent | $1,847+25.2%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/17/2020 | Sold | $291,000+214.6%$351/sqft |
Source: NWMLS as distributed by MLS GRID #1563027 Report a problem | ||
| 11/12/2017 | Listing removed | $1,475$2/sqft |
Source: Meridian Valley Property Mgmt Report a problem | ||
| 10/18/2017 | Price change | $1,475-3.3%$2/sqft |
Source: Meridian Valley Property Mgmt Report a problem | ||
| 9/29/2017 | Listed for rent | $1,525$2/sqft |
Source: Meridian Valley Property Mgmt Report a problem | ||
| 11/15/1995 | Sold | $92,500$111/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,893 +6.6% | $372,000 +3.9% |
| 2024 | $3,653 +0.6% | $358,000 +10.5% |
| 2023 | $3,632 +3.3% | $324,000 -7.4% |
| 2022 | $3,516 +8.4% | $350,000 +25% |
| 2021 | $3,243 +28.7% | $280,000 +38.6% |
| 2020 | $2,520 +3.6% | $202,000 +1.5% |
| 2019 | $2,433 +7.8% | $199,000 +4.2% |
| 2018 | $2,258 -8.7% | $191,000 +12.4% |
| 2017 | $2,474 +21.9% | $170,000 +10.4% |
| 2016 | $2,029 | $154,000 +7.7% |
| 2015 | $2,029 | $143,000 +5.1% |
| 2014 | $2,029 | $136,000 +16.2% |
| 2013 | $2,029 | $117,000 -1.7% |
| 2012 | -- | $119,000 -9.8% |
| 2011 | -- | $132,000 +4.8% |
| 2010 | -- | $126,000 |
| 2009 | -- | $126,000 -0.8% |
| 2007 | -- | $127,000 +5.8% |
| 2006 | -- | $120,000 +1.7% |
| 2005 | -- | $118,000 +32.6% |
| 2001 | $1,232 +6.5% | $89,000 +11.3% |
| 2000 | $1,156 | $80,000 |
Find assessor info on the county website
Neighborhood: 98023
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Nearby schools
GreatSchools rating
- 4/10Illahee Middle SchoolGrades: 5-8Distance: 0.5 mi
- 3/10Todd Beamer High SchoolGrades: 9-12Distance: 1.2 mi
- 5/10Enterprise Elementary SchoolGrades: PK-5Distance: 1.1 mi
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Estimated market value
$440,200
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$440,200
- Washington
- King County
- Federal Way
- 98023
- 409 SW 368th Street
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