37226 1st Ave SW Federal Way, WA 98023
Estimated payment $3,304/month
Highlights
- RV Access or Parking
- Secluded Lot
- 1 Car Attached Garage
- Fruit Trees
- No HOA
- Storm Windows
About This Home
Enjoy the perfect blend of privacy and convenience in this beautifully remodeled home on a large, peaceful, fully fenced lot with an automatic gate. The bonus 300sqft finished studio is perfect for guests, a home office or extra living. This home features a gorgeous kitchen with granite counters, open living/dining space, and stylish updates throughout. Relax on the covered porch and take advantage of the huge backyard, fire pit, fruit trees and RV/boat parking. Just minutes to shopping and freeway access. This gem is a must see! Assumable 2.25% VA loan available for qualified buyers.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2412656
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,917
Year Built
- Built in 1943
Lot Details
- 0.76 Acre Lot
- Street terminates at a dead end
- Property is Fully Fenced
- Secluded Lot
- Level Lot
- Fruit Trees
- Wooded Lot
- Garden
Parking
- 1 Car Attached Garage
- Driveway
- RV Access or Parking
Home Design
- Poured Concrete
- Composition Roof
- Wood Composite
Interior Spaces
- 940 Sq Ft Home
- 1-Story Property
- Dining Room
- Storm Windows
Kitchen
- Stove
- Microwave
- Dishwasher
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- Bathroom on Main Level
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Outdoor Features
- Outbuilding
Utilities
- Baseboard Heating
- Water Heater
- Septic Tank
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 2188203420
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 | $4,917 | $493,000 | $200,000 | $293,000 |
| 2023 | $4,582 | $428,000 | $167,000 | $261,000 |
| 2022 | $4,231 | $462,000 | $185,000 | $277,000 |
| 2021 | $4,018 | $370,000 | $162,000 | $208,000 |
| 2020 | $1,640 | $330,000 | $130,000 | $200,000 |
| 2018 | $2,725 | $131,000 | $130,000 | $1,000 |
| 2017 | $2,470 | $188,000 | $119,000 | $69,000 |
| 2016 | $2,399 | $170,000 | $109,000 | $61,000 |
| 2015 | $2,228 | $158,000 | $104,000 | $54,000 |
| 2014 | -- | $150,000 | $104,000 | $46,000 |
| 2013 | -- | $158,000 | $90,000 | $68,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/07/2025 10/07/25 | Pending | -- | -- | -- | |
| 10/03/2025 10/03/25 | For Sale | $550,000 | 0.0% | $585 / Sq Ft | |
| 08/18/2025 08/18/25 | Off Market | $550,000 | -- | -- | |
| 07/25/2025 07/25/25 | For Sale | $550,000 | +57.1% | $585 / Sq Ft | |
| 12/24/2019 12/24/19 | Sold | $350,000 | -5.4% | $303 / Sq Ft | View Prior Sale |
| 11/26/2019 11/26/19 | Pending | -- | -- | -- | |
| 11/21/2019 11/21/19 | For Sale | $369,950 | +137.1% | $320 / Sq Ft | |
| 08/11/2017 08/11/17 | Sold | $156,000 | +39.4% | $166 / Sq Ft | View Prior Sale |
| 07/11/2017 07/11/17 | Pending | -- | -- | -- | |
| 06/29/2017 06/29/17 | For Sale | $111,900 | -- | $119 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $350,000 | Fidelity National Title | |
| Special Warranty Deed | $156,000 | Old Republic Title Ltd | |
| Trustee Deed | $184,000 | None Available | |
| Interfamily Deed Transfer | -- | Service Link | |
| Warranty Deed | $105,000 | Old Republic Title Ltd | |
| Deed | $74,500 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $349,184 | VA | |
| Previous Owner | $219,500 | New Conventional | |
| Previous Owner | $104,806 | FHA |
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2412656
APN: 218820-3420
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