Sold553d on market
1518 SW 321st Street
Federal Way, WA, 98023 • Alderbrook • King County
$540,000
$375/sqft
3Beds
2Baths
1,440Sqft
0.2 acLot
1983Built
Property DNA
Alderbrook
Alderbrook
Outdoor Living
Wall to Wall Carpet
2-Car Garage
Attached Garage
Market activity
Demand and pricing signals for this listing
2 views
People checking out this listing
553 days on market
Established listing
$375/sqft
Price per square foot
About this home
Single Family · Built 1983
This wonderful Alderbrook home features a ground floor primary suite, formal dining room, and light bright living room with soaring vaulted ceilings. With fresh interior and exterior paint and new carpeting, this turn-key home is ready for your special touch. Situated on a large corner lot, the backyard is perfect for hosting all your summer-time fun.
Standout features identified
Our analysis highlights new carpeting, ground floor primary suite, and formal dining room as key attractions of this home.
Estimated monthly payment
Based on current rates
$3,362/month
Principal & Interest$2,642
Property Tax$540
Insurance$180
Down payment20% ($108,000)
3%50%
Est. 6.18% rate · 30yr fixed · $432,000 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1983
HeatingBaseboard, Electric
CoolingNone
Parking2 Attached Garage spaces
Lot8,637 sqft
Property
Home typeSingle Family
Sub-typeSingle Family Residence
Year built1983
Stories2
Systems
HeatingBaseboard, Electric
CoolingNone
RoofComposition
ConstructionWood Siding
Water / SewerPublic, Company: Lakehaven / Sewer Connected, Company: Lakehaven
Parking & Outdoor
ParkingAttached Garage
Garage2 spaces
Lot8,637 sqft
Location & Tax
NeighborhoodAlderbrook
Annual tax$4,610
Parcel0104500840
Bathrooms & Fees
Full baths2
Features & details
7 categories of property features
Interior Features
Appliances
Dishwasher(s)
Disposal
Refrigerator(s)
Stove(s)/Range(s)
Garbage Disposal
Flooring
Vinyl
Carpet
Heating
Baseboard
Electric
Cooling
None
Exterior Features
Parking
Attached Garage
Construction
Wood Siding
Patio & Porch
Wall to Wall Carpet
Room details
9 rooms detailed
Bedroom
LowerBedroom
SecondBedroom
SecondBathroom Full
LowerBathroom Full
SecondDining Room
LowerListing insights
Market data and value estimates
StatusSold
Days on market553
Est. value$530,300
Est. rent$2,793/mo
Tax rate0.82%
Price/sqft$375
On marketJul 31, 2024
PostedJul 3, 2024
Last sold$540,000
MLS statusSold
MLS updatedOct 1, 2024
Tour days6
Views2
How are the schools in Federal Way?
3 schools rated nearby
Location
Federal Way, WA, 98023
Price history
8 events
DateEventPrice$/sqftSource
Sep 30, 2024Sold$540,000$375NWMLS as distributed by MLS GRID
Sep 5, 2024Pending Sale$549,950$382NWMLS as distributed by MLS GRID
Jul 29, 2024Price Change$549,950$382NWMLS as distributed by MLS GRID
Jul 3, 2024Listed For Sale$569,950$396NWMLS as distributed by MLS GRID
Sep 17, 2013Listing Removed$1,450$1Zaran Sayre & Associates, Inc.
Sep 6, 2013Price Change$1,450$1Zaran Sayre & Associates, Inc.
Jul 20, 2013Listed For Rent$1,350$1Zaran Sayre & Associates
Sep 22, 2003Sold$181,368$126Public Record
Sold$540,000
Sep 30, 2024•$375/sqft•NWMLS as distributed by MLS GRID
Pending Sale$549,950
Sep 5, 2024•$382/sqft•NWMLS as distributed by MLS GRID
Price Change$549,950
Jul 29, 2024•$382/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$569,950
Jul 3, 2024•$396/sqft•NWMLS as distributed by MLS GRID
Listing Removed$1,450
Sep 17, 2013•$1/sqft•Zaran Sayre & Associates, Inc.
Price Change$1,450
Sep 6, 2013•$1/sqft•Zaran Sayre & Associates, Inc.
Listed For Rent$1,350
Jul 20, 2013•$1/sqft•Zaran Sayre & Associates
Sold$181,368
Sep 22, 2003•$126/sqft•Public Record
Tax history
21 years of records
YearTax paidAssessed value
Apr 7, 2024$4,814$476,000
Apr 7, 2023$4,765$431,000
Apr 7, 2022$4,610$465,000
Apr 7, 2021$4,253$372,000
Apr 7, 2020$3,456$282,000
Apr 7, 2019$3,354$278,000
Apr 7, 2018$3,101$266,000
Apr 7, 2017$3,394$236,000
Apr 7, 2016$2,782$214,000
Apr 7, 2015$2,782$199,000
Apr 7, 2014$2,782$189,000
Apr 7, 2013$2,782$177,000
Apr 7, 2012—$179,000
Apr 7, 2011—$199,000
Apr 7, 2010—$209,000
Apr 7, 2009—$209,000
Apr 7, 2007—$209,000
Apr 7, 2006—$196,000
Apr 7, 2005—$181,000
Apr 7, 2001$1,972$146,000
Apr 7, 2000$1,910$136,000
Nearby homes
Neighborhood details
Local context around this listing
Federal Way, WA • King County
Nearby neighborhoods
AdelaideAlderbrookCampus HighlandsLaurelwoodMadronaMirror LakeRedondoSteel LakeTwin LakesWest Campus
Nearby cities
AuburnBellevueBothellFederal WayKentKirklandRedmondRenton
Nearby zip codes
98003980239806398093
Similar homes
Based on information submitted to the MLS GRID as of 2026-04-07 08:03:28 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#39)
No obligation · Same-day response