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    • Listed by: RSVP Brokers ERA • Kathleen Filbert
    Bought with: Pointe3 Real Estate
    $825,000

    5201 SW 318th Court, Federal Way, WA 98023

    4beds
    2,970sqft
    Single Family Residence
    Built in 1986
    0.87 Acres Lot
    $824,800 Zestimate®
    $278/sqft
    $4,499 Estimated rent

    Home value

    $824,800

    $767,000 - $891,000

    $4,499/mo

    Zestimate® history
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    What's special

    Peaceful private settingGenerous kitchenInviting family roomWell-designed floor plan
    A true retreat with so much privacy. Pride of ownership shines throughout this one-owner, custom-built home, nestled on a private 0.87-acre lot. This spacious 4-bedroom home features a well-designed floor plan with a generous kitchen that opens to the inviting family room, creating the perfect space for everyday living and entertaining. Formal living and dining rooms provide elegant spaces for hosting friends. Step outside to enjoy a peaceful, private flat yard and garden.A rare, main-floor bedroom, located next to a full bathroom, offers flexible living and can easily be used as a home office or guest room. Two bedrooms plus a primary bedroom with walk in closet and large bathroom complete the upstairs. Enjoy morning coffee on the primary deck over looking the garden.Outside, you'll find a detached outbuilding ideal for use as a workshop, extra garage, or hobby space. Surrounded by a peaceful, private setting, this well-maintained property combines comfort, versatility, and room to grow. Virtual staging.

    Zillow last checked:

    Listing updated:

    Listed by:

    Kathleen Filbert,

    RSVP Brokers ERA

    Bought with:

    Benjamin K. Young, 115606

    Pointe3 Real Estate

    Source: NWMLS as distributed by MLS GRID,MLS#: 2557173MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    • Main level bathrooms: 1
    • Main level bedrooms: 1
    Primary bedroom
    • Level: Second
    Bedroom
    • Level: Main
    Bedroom
    • Level: Second
    Bedroom
    • Level: Second
    Bathroom full
    • Level: Main
    Bathroom full
    • Level: Second
    Bathroom full
    • Level: Second
    Dining room
    • Level: Main
    Entry hall
    • Level: Main
    Family room
    • Level: Main
    Kitchen with eating space
    • Level: Main
    Living room
    • Level: Main
    Utility room
    • Level: Main
    Heating
    • Fireplace, 90%+ High Efficiency, Electric, Natural Gas
    Cooling
    • None
    Appliances
    • Included: Dishwasher, Dryer, Refrigerator, Stove(s)/Range(s), Washer, Dishwasher(s), Dryer(s), Refrigerator(s), Washer(s)
    Features
    • Dining Room
    • Flooring: Hardwood, Carpet
    • Windows: Dbl Pane/Storm Window, Skylight(s)
    • Basement: None
    • Number of fireplaces: 2
    • Fireplace features: Gas, Wood Burning, Main Level: 2, Fireplace
    Interior area
    • Total structure area: 2,970
    • Total interior livable area: 2,970 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached Garage, RV Parking
    • Has attached garage: Yes
    • Covered spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: Main
    • Patio & porch: Dbl Pane/Storm Window, Dining Room, Fireplace, Skylight(s), Vaulted Ceiling(s), Walk-In Closet(s)
    Lot
    • Size: 0.87 Acres
    • Features: Cul-De-Sac, Deck, Gas Available, Outbuildings, RV Parking, Shop
    • Topography: Level
    • Residential vegetation: Garden Space
    Details
    • Parcel number: 1021039043
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: 2 Story
    • Property subtype: Single Family Residence
    Materials
    • Wood Siding
    • Roof: Composition
    Condition
    • Year built: 1986
    • Major remodel year: 1986

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Federal Way
    HOA
    • HOA phone: 206-940-3346
    Location
    • Region: Federal Way

    Financial & listing details

    • Price per square foot: $278/sqft
    • Tax assessed value: $812,000
    • Annual tax amount: $695
    • Date on market: 7/23/2026
    • Listing terms: Conventional,FHA,VA Loan
    • Inclusions: Dishwasher(s), Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)

    Price history

    DateEventPrice
    9/30/2026Sold$825,000-5.2%$278/sqft
    Source: NWMLS as distributed by MLS GRID #2557173 Report a problem
    9/1/2026Pending sale$870,000$293/sqft
    Source: NWMLS as distributed by MLS GRID #2557173 Report a problem
    7/23/2026Listed for sale$870,000$293/sqft
    Source: NWMLS as distributed by MLS GRID #2557173 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$723 +3.9%$322,000
    2024$695 -0.2%$322,000
    2023$697 $322,000
    2022-- $322,000
    2021$770 -6.5%$322,000
    2020$823 +0%$322,000
    2019$823 -49.6%$322,000
    2018$1,634 -4.4%$322,000 -19.3%
    2017$1,710 -27%$399,000 +11.5%
    2016$2,342 $358,000 +6.2%
    2015$2,342 $337,000 +7%
    2014$2,342 $315,000 +9.8%
    2013$2,342 $287,000 +5.5%
    2012-- $272,000 -6.2%
    2011-- $290,000 -9.9%
    2010-- $322,000
    2009-- $322,000
    2007-- $322,000
    2006-- $322,000
    2005-- $322,000 +24.8%
    2001$3,427 +3.5%$258,000 +7.5%
    2000$3,310 $240,000
    Find assessor info on the county website

    Neighborhood: Twin Lakes

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    Estimated market value
    $824,800
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    Estimated market value
    $824,800

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