Listed by James & Associates R.E. Inc.
$1,299,990
OPEN FRI 11AM - 4PM NEW CONSTRUCTION

36520 3rd Ave SW Unit 1 Federal Way, WA 98023

Estimated payment $7,985/month

Total Views 2,937
4 Beds
3 Baths
3,292 Sq Ft
$395 Price per Sq Ft

Highlights

  • Under Construction
  • Contemporary Architecture
  • Corner Lot
  • Mountain View
  • Property is near public transit
  • Walk-In Pantry

About This Home

Mt Rainier View. Ichijo Model Home designed by Tomo Sato is now for sale with 6 month leaseback. Single-Story Living! Energy-efficiency! 3292 sqft, 4 beds, den, 3.25 baths, sunny spacious balcony. Did I mention Mt. Rainier View, 20,000 sq ft estate-sized home site! The main floor features a luxurious primary suite with a five-piece bathroom, den, bright living area, modern kitchen, dining space. Lower level: 3 beds, living room, including an ensuite for your ample comfort and convenience. Only minutes away from I-5, grocery stores, dining, and schools! Ask about the 30k flex cash incentive with , use of preferred lender! If represented by a broker, broker must accompany & register at 1st visit. See Site Registration Policy 4772.

Listing Agent

Kyle Summers

James & Associates R.E. Inc. License #2100594 Listed on: 11/06/2025

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2453285

Northwest Multiple Listing Service (NWMLS)

Open House Schedule

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,139

Year Built

  • Built in 2025 | Under Construction

Lot Details

  • 0.49 Acre Lot
  • South Facing Home
  • Partially Fenced Property
  • Corner Lot
  • Sloped Lot
  • Sprinkler System

HOA Fees

  • $108 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Property Views

  • Mountain
  • Territorial

Home Design

  • Contemporary Architecture
  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 3,292 Sq Ft Home
  • 2-Story Property
  • Electric Fireplace
  • Vinyl Plank Flooring

Kitchen

  • Walk-In Pantry
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Walk-In Closet
  • Bathroom on Main Level

Location

  • Property is near public transit
  • Property is near a bus stop

Utilities

  • Forced Air Cooling System
  • High Efficiency Air Conditioning
  • High Efficiency Heating System
  • Heat Pump System
  • Water Heater

Community Details

  • Association fees include common area maintenance
  • Management Trust Association
  • Built by Ichijo USA
  • Federal Way Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 3021049069

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,139

Year Built

Built in 2025 | Under Construction

Lot Details

0

HOA Fees

$108 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 12 - 2 Story
  • Year Built: 2025
  • Inclusions: Dishwasher(s),Garbage Disposal,Microwave(s),Stove(s)/Range(s)
  • MLS Status: Active
  • Prev Status: Active
  • Architectural Style: Contemporary
  • Building Name: Montevista
  • Unit Levels: Two
  • New Construction: Yes
  • CalculatedSquareFootage: 3292
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • NewConstruction: Under Construction
  • Special Features: 3

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Appliances: Dishwasher(s), Disposal, Microwave(s), Stove(s)/Range(s)
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Electric
  • Fireplace: Yes
  • Flooring: Vinyl Plank
  • Interior Amenities: Fireplace, Sprinkler System, Walk-In Closet(s), Walk-In Pantry, Water Heater
  • Living Area: 3292
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • BathsFullMain: 0
  • SquareFootageFinished: 3292
  • SquareFootageUnfinished: 0
  • BathsFullLower: 0
  • BathsFullUpper: 2
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 3
  • AppliancesIncluded: Dishwasher(s),Garbage Disposal,Microwave(s),Stove(s)/Range(s)

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Territorial
  • Lot Features: Corner Lot
  • View: Yes
  • Waterfront: No
  • Builder Name: Ichijo USA
  • Construction Type: Cement Plank
  • Direction Faces: South
  • Exterior Features: Cement Planked
  • Foundation Details: Poured Concrete
  • Property Condition: Under Construction
  • Structure Type: House
  • BusLineNearby: true
  • BusRouteNumber: 500

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage
  • Total Parking Spaces: 3

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: Partially Fenced
  • Cooling: Forced Air, High Efficiency (Unspecified)
  • Cooling Y N: Yes
  • Heating: Heat Pump, High Efficiency (Unspecified)
  • Heating Yn: Yes
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Hybrid Electric Heat Pump

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 108
  • Association Fee Frequency: Monthly
  • Association: Yes
  • AssociationContactName: Management Trust

Fee Information

  • Association Fee Includes: Common Area Maintenance
  • NWM_OtherDuesOrFeesYN: false

Schools

  • Junior High Dist: Federal Way
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 3021049069
  • Topography: Partial Slope
  • Land Lease: No
  • Lot Size Acres: 0.4928
  • Lot Size: 18,180 Sq Ft
  • Lot Size Sq Ft: 21465
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially,Sprinkler System
  • MLSLotSizeSource: Builder Plans
  • ZoningJurisdiction: City
  • LotNumber: 1

Green Features

  • Power Production Type: Electric

Tax Info

  • Year: 2025
  • Tax Annual Amount: 12139

Multi Family

  • EnergySource: Electric

MLS Schools

  • Elementary School: Buyer To Verify

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $5,290 $514,000 $170,000 $344,000
2023 $1,559 $128,000 $128,000 $0
2022 $3,146 $310,000 $310,000 $0
2021 $2,615 $271,000 $271,000 $0
2020 $2,563 $210,000 $209,000 $1,000
2018 $2,768 $210,000 $209,000 $1,000
2017 $2,527 $191,000 $190,000 $1,000
2016 $2,516 $174,000 $173,000 $1,000
2015 $2,456 $166,000 $165,000 $1,000
2014 -- $166,000 $165,000 $1,000
2013 -- $148,100 $148,000 $100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/06/2025 11/06/25 For Sale $1,299,990 -- $395 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $3,075,000 First American Title Insurance
Warranty Deed $405,000 First American Title Ins Co
Quit Claim Deed -- Stewart Title
Warranty Deed $522,000 Stewart Title
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $305,000 New Conventional
Source: Public Records

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2453285

Northwest Multiple Listing Service (NWMLS)

APN: 302104-9069