Perched in the scenic Twin Lakes community, this beautifully maintained home offers stunning views of the Olympics and the Sound, perfect for relaxing on the back deck or enjoying them from the home’s airy living spaces. Downstairs, a cozy family room with a wet bar adds comfort and flexibility. The spacious primary suite is a true retreat, and with two additional full bathrooms, the home provides ample space for everyone. Enjoy the comfort of air conditioning, a low-maintenance turf backyard, and plenty of room for gardening. The Twin Lakes club membership offers access to golf, swimming, events, and more. A perfect blend of comfort, style, and connection—inside and out. Welcome home!
Sold
Listed by: Lake & Company • Sarah Smith
Bought with: Emerald Real Estate Group Inc.
$787,500
4204 SW 314th Place, Federal Way, WA 98023
3beds
2,330sqft
Single Family Residence
Built in 1978
7,501 Square Feet Lot
$755,600 Zestimate®
$338/sqft
$3,169 Estimated rent
Home value
$755,600
$695,000 - $824,000
$3,169/mo
Zestimate® history
Owner options
List your home for rent
$3,169/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$3,169/mo
Rent Zestimate®
Refinance and save
$4,921/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$4,921/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Low-maintenance turf backyardBack deckSpacious primary suiteAiry living spacesAir conditioning
Zillow last checked:
Listing updated:
Listed by:
Sarah Smith,
Lake & Company
Bought with:
Christopher Siegmund, 136545
Emerald Real Estate Group Inc.
Source: NWMLS as distributed by MLS GRID,MLS#: 2357966
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 3/4 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 3
Primary bedroom
- Level: Main
Bedroom
- Level: Main
Bedroom
- Level: Main
Bathroom three quarter
- Level: Lower
Bathroom full
- Level: Main
Bathroom full
- Level: Main
Dining room
- Level: Main
Entry hall
- Level: Split
Family room
- Level: Lower
Kitchen without eating space
- Level: Main
Living room
- Level: Main
Utility room
- Level: Lower
Heating
- Fireplace, Forced Air, Electric
Cooling
- Forced Air
Appliances
- Included: Dishwasher(s), Disposal, Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s), Garbage Disposal
Features
- Bath Off Primary, Dining Room
- Flooring: Ceramic Tile, Engineered Hardwood
- Windows: Double Pane/Storm Window
- Basement: Finished
- Number of fireplaces: 2
- Fireplace features: Gas, Lower Level: 1, Upper Level: 1, Fireplace
Interior area
- Total structure area: 2,330
- Total interior livable area: 2,330 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached Garage
- Attached garage spaces: 2
Features
- Levels: Multi/Split
- Entry location: Split
- Patio & porch: Bath Off Primary, Ceramic Tile, Double Pane/Storm Window, Dining Room, Fireplace
- Has view: Yes
- View description: Sound, Territorial
- Has water view: Yes
- Water view: Sound
Lot
- Size: 7,501 Square Feet
- Features: Cul-De-Sac, Curbs, Paved, Cable TV, Deck, Fenced-Fully, Gas Available, High Speed Internet
- Topography: Level,Partial Slope
Details
- Parcel number: 8731990480
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Split Entry
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Year built: 1978
Utilities & green energy
- Electric: Company: Tacoma power
- Sewer: Sewer Connected, Company: Waste Management
- Water: Public, Company: Lakehaven
Community & HOA
Community
- Features: CCRs, Clubhouse, Golf
- Security: Security Service
- Subdivision: Twin Lakes
HOA
- HOA fee: $111 quarterly
Location
- Region: Federal Way
Financial & listing details
- Price per square foot: $338/sqft
- Tax assessed value: $756,000
- Annual tax amount: $6,479
- Date on market: 6/11/2025
- Cumulative days on market: 406 days
- Listing terms: Conventional,FHA,VA Loan
- Inclusions: Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Price history
| Date | Event | Price |
|---|---|---|
| 5/23/2025 | Sold | $787,500-1.4%$338/sqft |
Source:  NWMLS as distributed by MLS GRID #2357966 Report a problem | ||
| 4/23/2025 | Pending sale | $799,000$343/sqft |
Source: NWMLS as distributed by MLS GRID #2357966 Report a problem | ||
| 4/10/2025 | Listed for sale | $799,000+149.7%$343/sqft |
Source: NWMLS as distributed by MLS GRID #2357966 Report a problem | ||
| 8/19/2015 | Sold | $319,950$137/sqft |
Source: NWMLS as distributed by MLS GRID #819641 Report a problem | ||
| 7/21/2015 | Pending sale | $319,950$137/sqft |
Source: Windermere Real Estate/Puyallup Inc. #819641 Report a problem | ||
| 7/15/2015 | Listed for sale | $319,950+77.8%$137/sqft |
Source: Windermere Real Estate/Puyallup Inc. #819641 Report a problem | ||
| 9/2/1997 | Sold | $179,950$77/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,641 +17.3% | $756,000 +15.4% |
| 2024 | $6,515 +0.5% | $655,000 +10.5% |
| 2023 | $6,479 +2.6% | $593,000 -7.9% |
| 2022 | $6,313 +16.6% | $644,000 +34.7% |
| 2021 | $5,416 -0.1% | $478,000 +6.2% |
| 2020 | $5,421 +5.3% | $450,000 +4.2% |
| 2019 | $5,150 +0.1% | $432,000 -3.6% |
| 2018 | $5,147 -7.1% | $448,000 +14.9% |
| 2017 | $5,540 +22.7% | $390,000 +10.5% |
| 2016 | $4,514 | $353,000 +7.6% |
| 2015 | $4,514 | $328,000 +5.5% |
| 2014 | $4,514 | $311,000 +35.2% |
| 2013 | $4,514 | $230,000 +7.5% |
| 2012 | -- | $214,000 -14.7% |
| 2011 | -- | $251,000 -13.1% |
| 2010 | -- | $289,000 |
| 2009 | -- | $289,000 -8.3% |
| 2007 | -- | $315,000 +7.5% |
| 2006 | -- | $293,000 +8.1% |
| 2005 | -- | $271,000 +24.3% |
| 2001 | $2,908 +9.7% | $218,000 +14.1% |
| 2000 | $2,650 | $191,000 |
Find assessor info on the county website
Neighborhood: Twin Lakes
Nearby homes
- $660,0004 bd3 ba1.8k sqft31421 41st Ave SW, Federal Way, WA 98023Sold
- $699,9504 bd3 ba2.4k sqft4204 SW 315th St, Federal Way, WA 98023Pending
- $750,0004 bd3 ba3.2k sqft4013 SW 314th St, Federal Way, WA 98023For Sale
- $785,0005 bd3 ba2.3k sqft4224 SW 314th Pl, Federal Way, WA 98023Sold
- $750,0004 bd3 ba2.8k sqft31317 41st Pl SW, Federal Way, WA 98023Sold
- $1,300,0003 bd3 ba2.8k sqft4152 SW 314th St, Federal Way, WA 98023Sold
- $770,0004 bd3 ba2.2k sqft31512 42nd Ave SW, Federal Way, WA 98023Sold
- $849,9505 bd3 ba3.9k sqft31509 42nd Ave SW, Federal Way, WA 98023For Sale
Nearby schools
GreatSchools rating
- 8/10Twin Lakes Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 5/10Lakota Middle SchoolGrades: 6-8Distance: 1.4 mi
- 4/10Decatur High SchoolGrades: 9-12Distance: 0.8 mi
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
$755,600
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
$755,600
- Washington
- King County
- Federal Way
- 98023
- Twin Lakes
- 4204 SW 314th Place
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Federal Way Topics
