Impressive 3-bedroom, 2-bath rambler features soaring vaulted ceilings and abundant natural light. The open layout offers a one-level living with a spacious and welcoming feel. Enjoy the blend of indoor and outdoor spaces with a cozy front patio and a couple of private decks . Newer systems - roof, furnace/heat pump, water heater and most appliances, provide peace of mind and energy efficiency. Fully fenced private backyard offers ample gardening space and a sanctuary for quiet evenings. Attached 2-car garage and long driveway offers plenty of parking. Great neighborhood with quick access to several trails, parks and the Sound - surely the best place to start your PNW Summer!
Sold
Listed by: Keller Williams Rlty Bellevue • Mary Ann Salvino
Bought with: John L. Scott, Inc
$550,000
4754 SW 314th Place, Federal Way, WA 98023
3beds
1,310sqft
Single Family Residence
Built in 1987
5,584 Square Feet Lot
$534,500 Zestimate®
$420/sqft
$2,732 Estimated rent
Home value
$534,500
$492,000 - $583,000
$2,732/mo
Zestimate® history
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List your homeWhat's special
One-level livingFully fenced private backyardAbundant natural lightAmple gardening spaceCozy front patioOpen layoutPrivate decks
Zillow last checked:
Listing updated:
Offers reviewed: Jun 10
Listed by:
Mary Ann Salvino,
Keller Williams Rlty Bellevue,
Jacqueline Nguyen,
Keller Williams Rlty Bellevue
Bought with:
Aleksandr Dimov, 126590
John L. Scott, Inc
Source: NWMLS as distributed by MLS GRID,MLS#: 2386576
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 3
Primary bedroom
- Level: Main
Bedroom
- Level: Main
Bedroom
- Level: Main
Bathroom full
- Level: Main
Bathroom full
- Level: Main
Dining room
- Level: Main
Entry hall
- Level: Main
Kitchen with eating space
- Level: Main
Living room
- Level: Main
Utility room
- Level: Main
Heating
- Fireplace, Forced Air, Heat Pump, Natural Gas
Cooling
- Heat Pump
Appliances
- Included: Dishwasher(s), Disposal, Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s), Garbage Disposal, Water Heater: Gas, Water Heater Location: Garage
Features
- Bath Off Primary, Dining Room
- Flooring: Ceramic Tile, Engineered Hardwood, Hardwood, Carpet
- Doors: French Doors
- Windows: Double Pane/Storm Window, Skylight(s)
- Basement: None
- Number of fireplaces: 1
- Fireplace features: Gas, Main Level: 1, Fireplace
Interior area
- Total structure area: 1,310
- Total interior livable area: 1,310 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached Garage
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 1
- Entry location: Main
- Patio & porch: Bath Off Primary, Double Pane/Storm Window, Dining Room, Fireplace, French Doors, Jetted Tub, Skylight(s), Vaulted Ceiling(s), Water Heater
- Spa features: Bath
- Has view: Yes
- View description: Territorial
Lot
- Size: 5,584 Square Feet
- Features: Curbs, Paved, Sidewalk, Deck, Fenced-Fully, Patio
- Topography: Sloped
Details
- Parcel number: 2115720090
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: 1 Story
- Property subtype: Single Family Residence
Materials
- Brick, Wood Products
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Year built: 1987
Utilities & green energy
- Electric: Company: Puget Sound Energy
- Sewer: Sewer Connected, Company: Lakehaven
- Water: Public, Company: Tacoma Public Utilities
- Utilities for property: Xfinity, Xfinity
Community & HOA
Community
- Features: CCRs, Park
- Subdivision: Dumas Bay
HOA
- HOA fee: $19 monthly
Location
- Region: Federal Way
Financial & listing details
- Price per square foot: $420/sqft
- Tax assessed value: $535,000
- Annual tax amount: $4,956
- Offers reviewed: 06/10/2025
- Date on market: 8/3/2025
- Cumulative days on market: 353 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 |
|---|---|---|
| 7/9/2025 | Sold | $550,000+0%$420/sqft |
Source:  NWMLS as distributed by MLS GRID #2386576 Report a problem | ||
| 6/11/2025 | Pending sale | $549,800$420/sqft |
Source: NWMLS as distributed by MLS GRID #2386576 Report a problem | ||
| 6/5/2025 | Listed for sale | $549,800+24%$420/sqft |
Source: NWMLS as distributed by MLS GRID #2386576 Report a problem | ||
| 12/18/2020 | Sold | $443,500+4.4%$339/sqft |
Source: NWMLS as distributed by MLS GRID #1693235 Report a problem | ||
| 11/30/2020 | Pending sale | $425,000$324/sqft |
Source: Berkshire Hathaway HS NW #1693235 Report a problem | ||
| 11/27/2020 | Listed for sale | $425,000+210.2%$324/sqft |
Source: Berkshire Hathaway HS NW #1693235 Report a problem | ||
| 11/30/1993 | Sold | $137,000$105/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,492 +10.8% | $535,000 +8.5% |
| 2024 | $4,956 +0.7% | $493,000 +10.5% |
| 2023 | $4,923 +3.4% | $446,000 -7.3% |
| 2022 | $4,762 +8.3% | $481,000 +24.9% |
| 2021 | $4,396 +109.9% | $385,000 +17% |
| 2020 | $2,094 -45.2% | $329,000 +3.5% |
| 2019 | $3,821 +7.9% | $318,000 +4.3% |
| 2018 | $3,539 -11.1% | $305,000 +9.7% |
| 2017 | $3,979 +24.1% | $278,000 +11.6% |
| 2016 | $3,208 | $249,000 +6.4% |
| 2015 | $3,208 | $234,000 +6.8% |
| 2014 | $3,208 | $219,000 +10.1% |
| 2013 | $3,208 | $199,000 +8.7% |
| 2012 | -- | $183,000 -6.2% |
| 2011 | -- | $195,000 -15.9% |
| 2010 | -- | $232,000 |
| 2009 | -- | $232,000 +2.7% |
| 2007 | -- | $226,000 +5.1% |
| 2006 | -- | $215,000 +10.8% |
| 2005 | -- | $194,000 +27.6% |
| 2001 | $2,050 +3% | $152,000 +7% |
| 2000 | $1,991 | $142,000 |
Find assessor info on the county website
Neighborhood: Twin Lakes
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Nearby schools
GreatSchools rating
- 8/10Twin Lakes Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 5/10Lakota Middle SchoolGrades: 6-8Distance: 1.9 mi
- 4/10Decatur High SchoolGrades: 9-12Distance: 1.3 mi
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Estimated market value
$534,500
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Estimated market value
$534,500
- Washington
- King County
- Federal Way
- 98023
- Twin Lakes
- 4754 SW 314th Place
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