Unmatched investment opportunity in a prime location! This 2,020 sq ft home, brimming with potential, is perfect for investors, builders, or DIY enthusiasts. Upper level features 4 bedrooms, 2 baths, a spacious kitchen, and a bright living room with fireplace. The lower level includes a large bonus room complete with its own fireplace, plus bathroom, laundry, and a 2-car garage. Home is situated on a fully fenced lot adjacent to beautiful Alderdale Park with playground and sport court. Conveniently located near coveted Green Gables Elementary, 2 golf courses, Dash Point State Park, grocery stores, coffee shops, restaurants, transit. Minutes from Hwy 18, I-5, & WA-167 for a seamless Seattle/Tacoma commute. Unlock the potential of this home!
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2308994
Home Type
Est. Annual Taxes
Year Built
Lot Details
Parking
Home Design
Interior Spaces
Kitchen
Flooring
Bedrooms and Bathrooms
Location
Schools
Utilities
Listing and Financial Details
Overview
Recreation
$515,000
Price Reduction! Exciting opportunity! This charming 3-bedroom, 1.75-bath rambler is the perfect starter home! Nestled on a low-traffic street just minutes from shopping and freeways, convenience meets comfort here. Enjoy a spacious lot, cozy fireplace, fresh interior paint, and newer appliances throughout. The roof is less than a year old with transferable warranty, and the master bath adds a
Andre Jones eXp Realty
$525,000
Located on a quiet street in the Alderdale neighborhood of Federal Way, this 3 Bedroom, 2.5 Bath, 1710 sq ft well established home is a fantastic opportunity for the do it yourselfer or investor. Home Features a nice layout and a bright kitchen with a garden window, as well as a wraparound deck. Home has been cleaned out and the Estate did replace all 3 toilets. The terraced yard includes rose
Ron Anderson Better Properties Solutions
$540,000
Beautiful Browns Point Rambler – Perfect for First-Time Buyers! This charming 4-bedroom, 1.5-bath rambler located in a quiet cul-de-sac in the desirable Browns Point community. This 1216 sqft home offers a light-filled great room that flows into a fully upgraded kitchen with granite countertops & white shaker cabinets, connected to the dining area for easy entertaining. Features include new
Glenn Roland Coldwell Banker Danforth
$400,000
Opportunity knocks in Twin Lakes! Bring your HGTV dreams and renovation vision to this four-bedroom home nestled on a generous 7,800 sq ft lot. The main level features a spacious living room, kitchen, two bedrooms, and a full bath. Upstairs, you'll find two additional bedrooms and bonus space perfect for adding a second bathroom. The attached one-car garage offers great storage, and the layout
Jeremey Johnson Windermere Real Estate Co.
$350,000
Light and bright 3 bedroom, 1 bath rambler home on large level lot on quiet cul de sac. Fantastic fixer opportunity. Newer roof and electrical panel. Garage has been converted to additional living space as a bedroom or family room. Open living room with wood burning fireplace, dining, and kitchen. Full-bath, laundry. Plenty of off-street parking. Large level, fenced backyard with patio. Close to
Jeff Dickinson eXp Realty
$549,000
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,
Bill Albright Coldwell Banker Bain
$545,000
Beautifully updated basement rambler with alley access to rear load 2 car garage. Total refresh in 2022, including the installation of a NEW kitchen with white shaker cabinetry, gorgeous quartz countertops & SS appliances, new flooring throughout...LVP on entire upper level and carpet on lower level. Both upper level bathrooms were completely done as well. Fresh interior and exterior paint, new
Kris Holden Windermere RE West Campus Inc
$540,000
Let the sun shine in at this attractive one-level home in a relaxed Madrona Meadows culdesac. The spacious open floor plan includes a living room w/wood burning fireplace and a generous stainless steel kitchen with island to encourage happy gatherings. A large lot and fenced in back yard with deck and French door off the primary brings the outside within easy reach. Lastly, don't forget the nice
Robert Hedlund HomeSmart Real Estate Assoc
$455,000
Welcome to this beautifully updated 3-bedroom, 1-bath home, ideal for first-time buyers or investors! Two bedrooms are conveniently located on the main floor, with a potential third upstairs—perfect for a home office, guest room, or creative space. Step inside to enjoy a new kitchen and fresh flooring throughout, offering a move-in-ready experience. Sitting on over 0.25 acres, this generous lot
Khoa Truong Real Broker LLC
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $752,000 | First American Title Insurance | |
| Warranty Deed | $451,000 | Wfg National Title | |
| Quit Claim Deed | $313 | None Listed On Document | |
| Warranty Deed | $73,500 | -- |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $752,000 | New Conventional | |
| Previous Owner | $525,900 | New Conventional |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/07/2025 04/07/25 | Sold | $752,000 | +0.3% | $372 / Sq Ft |
| 03/10/2025 03/10/25 | Pending | -- | -- | -- |
| 03/04/2025 03/04/25 | For Sale | $749,950 | +66.3% | $371 / Sq Ft |
| 12/12/2024 12/12/24 | Sold | $451,000 | -8.9% | $223 / Sq Ft |
| 11/27/2024 11/27/24 | Pending | -- | -- | -- |
| 11/15/2024 11/15/24 | For Sale | $495,000 | -- | $245 / Sq Ft |
| 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 | $5,405 | $536,000 | $190,000 | $346,000 |
| 2023 | $5,347 | $486,000 | $172,000 | $314,000 |
| 2022 | $4,824 | $528,000 | $157,000 | $371,000 |
| 2021 | $3,468 | $424,000 | $125,000 | $299,000 |
| 2020 | $3,284 | $283,000 | $103,000 | $180,000 |
| 2018 | $3,283 | $261,000 | $82,000 | $179,000 |
| 2017 | $2,972 | $228,000 | $75,000 | $153,000 |
| 2016 | $2,894 | $206,000 | $69,000 | $137,000 |
| 2015 | $2,682 | $192,000 | $66,000 | $126,000 |
| 2014 | -- | $182,000 | $66,000 | $116,000 |
| 2013 | -- | $187,000 | $89,000 | $98,000 |
Seller's Agent in 2025
Edgar Sarkisyan
Keller Williams Realty PS
(206) 407-8943
4 in this area
221 Total Sales
C
Buyer's Agent in 2025
Char Williams
Keller Williams Realty PS
(206) 793-4887
5 in this area
119 Total Sales
Seller's Agent in 2024
David Berg
Real Broker LLC
(253) 370-9449
11 in this area
126 Total Sales
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2308994
APN: 010920-0490
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