1706 SW 348th St Federal Way, WA 98023
Madrona Meadows - Fed Way NeighborhoodEstimated payment $3,418/month
Highlights
- Craftsman Architecture
- Territorial View
- No HOA
- Property is near public transit
- Hydromassage or Jetted Bathtub
- Skylights
About This Home
Welcome to 1706 SW 348th St, a beautifully updated 3-bedroom, 2.5-bathroom Craftsman-style home nestled in the heart of Federal Way. If you are looking for a Large Fence Yard, this is it. Built in 1990, this 1,600 sq ft residence offers a perfect blend of comfort and convenience, making it ideal for modern living. Seller has done extensive interior upgrades. You may have seen this home before, but you owe yourselve another look. Home features new carppets, new vinyl floors, re-finished kitchen cabinets, new six-panel doors, new paint inside. Best of all, no HOA. Can you imagine your clients living in this peacefull home with all the upgrades?
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2342525
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,019
Year Built
- Built in 1990
Lot Details
- 6,740 Sq Ft Lot
- Lot Dimensions are 60' x 112'
- South Facing Home
- Partially Fenced Property
- Sloped Lot
- Garden
Parking
- 2 Car Attached Garage
Home Design
- Craftsman Architecture
- Poured Concrete
- Composition Roof
- Wood Composite
Interior Spaces
- 1,600 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Skylights
- Wood Burning Fireplace
- Triple Pane Windows
- Dining Room
- Vinyl Plank Flooring
- Territorial Views
Kitchen
- Stove
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- Bathroom on Main Level
- Hydromassage or Jetted Bathtub
Laundry
- Dryer
- Washer
Home Security
- Home Security System
- Storm Windows
Location
- Property is near public transit
- Property is near a bus stop
Schools
- Sherwood Forest Elementary School
- Illahee Jnr High Middle School
- Todd Beamer High School
Utilities
- Forced Air Heating and Cooling System
- Water Heater
- Cable TV Available
Community Details
- No Home Owners Association
- Federal Way Subdivision
Listing and Financial Details
- Down Payment Assistance Available
- Visit Down Payment Resource Website
- Assessor Parcel Number 542350017001
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $5,071 | $503,000 | $133,000 | $370,000 |
| 2023 | $5,019 | $455,000 | $111,000 | $344,000 |
| 2022 | $4,483 | $491,000 | $123,000 | $368,000 |
| 2021 | $3,760 | $393,000 | $108,000 | $285,000 |
| 2020 | $3,657 | $308,000 | $68,000 | $240,000 |
| 2018 | $3,701 | $291,000 | $68,000 | $223,000 |
| 2017 | $3,362 | $258,000 | $62,000 | $196,000 |
| 2016 | $3,272 | $234,000 | $57,000 | $177,000 |
| 2015 | $3,037 | $218,000 | $55,000 | $163,000 |
| 2014 | -- | $207,000 | $55,000 | $152,000 |
| 2013 | -- | $177,000 | $58,000 | $119,000 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/24/2025 08/24/25 | Pending | -- | -- | -- |
| 08/19/2025 08/19/25 | For Sale | $568,000 | 0.0% | $355 / Sq Ft |
| 08/08/2025 08/08/25 | Pending | -- | -- | -- |
| 08/02/2025 08/02/25 | Price Changed | $568,000 | +3.5% | $355 / Sq Ft |
| 07/24/2025 07/24/25 | Price Changed | $549,000 | -7.6% | $343 / Sq Ft |
| 07/09/2025 07/09/25 | Price Changed | $594,000 | -0.8% | $371 / Sq Ft |
| 06/21/2025 06/21/25 | Price Changed | $599,000 | -4.9% | $374 / Sq Ft |
| 06/18/2025 06/18/25 | Price Changed | $630,000 | -1.6% | $394 / Sq Ft |
| 05/30/2025 05/30/25 | Price Changed | $640,000 | 0.0% | $400 / Sq Ft |
| 05/30/2025 05/30/25 | For Sale | $640,000 | +4.1% | $400 / Sq Ft |
| 05/06/2025 05/06/25 | Off Market | $615,000 | -- | -- |
| 04/04/2025 04/04/25 | Price Changed | $615,000 | -1.6% | $384 / Sq Ft |
| 03/14/2025 03/14/25 | For Sale | $625,000 | +26.3% | $391 / Sq Ft |
| 11/05/2021 11/05/21 | Sold | $495,000 | -0.6% | $309 / Sq Ft |
| 09/03/2021 09/03/21 | Pending | -- | -- | -- |
| 09/02/2021 09/02/21 | Price Changed | $497,900 | -3.3% | $311 / Sq Ft |
| 08/19/2021 08/19/21 | For Sale | $515,000 | -- | $322 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $495,000 | Fidelity National Title | |
| Warranty Deed | $97,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $12,416 | FHA | |
| Closed | $9,167 | New Conventional | |
| Open | $486,034 | FHA |
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2342525
APN: 542350-0170
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Based on information submitted to the MLS GRID
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