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  • Listed by: Commencement Bay Brokers LLC
    Bought with: eXp Realty
    $725,000

    502 SW 317th Place, Federal Way, WA 98023

    3beds
    2,350sqft
    Single Family Residence
    Built in 1977
    0.48 Acres Lot
    $719,000 Zestimate®
    $309/sqft
    $3,571 Estimated rent

    Home value

    $719,000

    $661,000 - $777,000

    $3,571/mo

    Zestimate® history
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    What's special

    Covered patioRv parkingNearly half an acreLarge downstairs recreation roomLarge deckExtra finished roomPrimary bedroom
    Turnkey! Here's your chance for an urban escape. Featuring nearly half an acre, backed by a large green space, this home showcases charm, comfort, and space! This three bedroom and two and a half bathroom home lives BIG! Featuring an extra finished room, bright and airy sunroom, a huge primary suite, large downstairs recreation room, downstairs bedroom attached to a private den, large deck, covered patio, hot tub, outbuildings, greenhouse, RV parking, and a finished storage shed. The primary bedroom is ready for your personalized touch, with space to create a massive walk-in closet, private sitting area, or an additional entertainment area. It doesn't get this good very often, live like you're miles into rural areas, while being just minutes from everything; dining, shopping, freeways, and the new Sound Transit Federal Way Light Rail station. Come check out your Northwest Retreat before it's too late!

    Zillow last checked:

    Listing updated:

    Listed by:

    Joseph Romero,

    Commencement Bay Brokers LLC

    Bought with:

    Tammy Wise, 22035743

    eXp Realty

    Source: NWMLS as distributed by MLS GRID,MLS#: 2481006MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 1
    • 3/4 bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 2
    Primary bedroom
    • Level: Main
    Bedroom
    • Level: Lower
    Bedroom
    • Level: Main
    Bathroom full
    • Level: Main
    Bathroom three quarter
    • Level: Lower
    Bathroom three quarter
    • Level: Main
    Other
    • Level: Lower
    Den office
    • Level: Lower
    Dining room
    • Level: Main
    Entry hall
    • Level: Main
    Family room
    • Level: Lower
    Great room
    • Level: Main
    Kitchen with eating space
    • Level: Main
    Living room
    • Level: Main
    Utility room
    • Level: Lower
    Heating
    • Fireplace, Heat Pump, None, Natural Gas
    Cooling
    • None
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer, Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Washer(s), Water Heater: Gas, Water Heater Location: Utility Room
    Features
    • Bath Off Primary, Ceiling Fan(s)
    • Flooring: Vinyl, Vinyl Plank, Carpet
    • Windows: Dbl Pane/Storm Window, Skylight(s)
    • Basement: Daylight,Finished
    • Number of fireplaces: 2
    • Fireplace features: Gas, Lower Level: 1, Main Level: 1, Fireplace
    Interior area
    • Total structure area: 2,350
    • Total interior livable area: 2,350 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached Garage, RV Parking
    • Has attached garage: Yes
    • Covered spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Entry location: Main
    • Patio & porch: Bath Off Primary, Ceiling Fan(s), Dbl Pane/Storm Window, Fireplace, Hot Tub/Spa, Skylight(s), Water Heater, Wired for Generator
    • Has spa: Yes
    • Spa features: Indoor
    • Has view: Yes
    • View description: Territorial
    Lot
    • Size: 0.48 Acres
    • Features: Cul-De-Sac, Paved, Secluded, Sidewalk, Cable TV, Deck, Fenced-Fully, Green House, Hot Tub/Spa, Outbuildings, Patio, RV Parking
    • Topography: Level,Partial Slope
    • Residential vegetation: Brush, Fruit Trees, Garden Space, Wooded
    Details
    • Parcel number: 7450800070
    • Zoning description: Jurisdiction: City
    • Special conditions: Standard
    • Other equipment: Wired for Generator

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: 1 Story w/Bsmnt.
    • Property subtype: Single Family Residence
    Materials
    • Wood Siding
    • Foundation: Poured Concrete
    • Roof: Composition
    Condition
    • Year built: 1977

    Utilities & green energy

    • Electric: Company: PSE
    • Sewer: Septic Tank
    • Water: Public, Company: Lake Haven
    • Utilities for property: Xfinity, Xfinity

    Community & neighborhood

    Location
    • Region: Federal Way
    • Subdivision: Mirror Lake

    Other

    Other facts
    • Listing terms: Conventional,FHA,VA Loan
    • Cumulative days on market: 5 days

    Price history

    DateEventPrice
    3/26/2026Sold$725,000+3.7%$309/sqft
    Source: NWMLS as distributed by MLS GRID #2481006 Report a problem
    2/22/2026Pending sale$699,000$297/sqft
    Source: NWMLS as distributed by MLS GRID #2481006 Report a problem
    2/18/2026Listed for sale$699,000+21.6%$297/sqft
    Source: NWMLS as distributed by MLS GRID #2481006 Report a problem
    3/31/2021Sold$575,000+4.5%$245/sqft
    Source: NWMLS as distributed by MLS GRID #1729591 Report a problem
    3/8/2021Pending sale$550,000$234/sqft
    Source: NWMLS as distributed by MLS GRID #1729591 Report a problem
    3/5/2021Price change$550,000+6.8%$234/sqft
    Source: NWMLS as distributed by MLS GRID #1729591 Report a problem
    2/23/2021Pending sale$515,000$219/sqft
    Source: NWMLS as distributed by MLS GRID #1729591 Report a problem
    2/17/2021Listed for sale$515,000+206.6%$219/sqft
    Source: NWMLS as distributed by MLS GRID #1729591 Report a problem
    5/29/1998Sold$167,950$71/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,166 +6.1%$597,000 +3.3%
    2024$5,813 +1.1%$578,000 +10.3%
    2023$5,749 +2.7%$524,000 -7.9%
    2022$5,600 +11.3%$569,000 +28.4%
    2021$5,032 +1.8%$443,000 +8.3%
    2020$4,942 +8.5%$409,000 +7.3%
    2019$4,555 +8.1%$381,000 +4.4%
    2018$4,214 -8.8%$365,000 +12.7%
    2017$4,621 +30.2%$324,000 +17.8%
    2016$3,548 $275,000 +7.4%
    2015$3,548 $256,000 +5.3%
    2014$3,548 $243,000 +38.1%
    2013$3,548 $176,000 +4.8%
    2012-- $168,000 -18%
    2011-- $205,000 -13.5%
    2010-- $237,000
    2009-- $237,000 -12.5%
    2007-- $271,000 +7.5%
    2006-- $252,000 +18.9%
    2005-- $212,000 +30.1%
    2001$2,193 +8%$163,000 +12.4%
    2000$2,031 $145,000

    Find assessor info on the county website

    Neighborhood: Mirror Lake

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $719,000
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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
    $719,000