Sold585d on market
28824 28th Place S
Federal Way, WA, 98003 • 98003 • King County
$740,000
$323/sqft
2,290Sqft
0.21 acLot
1979Built
Property DNA
Federal Way
98003
Outdoor Living
Wall to Wall Carpet
This home is in high demand
Listed 585 days ago · 5 views · Top 2% likely to sell soon
Market activity
Demand and pricing signals for this listing
5 views
People checking out this listing
585 days on market
Established listing
$323/sqft
Price per square foot
Selling Soon Prediction
Very HighThis home ranks in the top 2% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Multi Family · Built 1979
Rare investor opportunity to own a large duplex in Federal Way. It boasts two mirrored 3 bed/1.5 bath units. Each unit has a fully fenced private backyard and an attached garage. Vacant unit has been fully remodeled including flooring, doors, cabinets, granite countertops, brand-new appliances, bathrooms, garage door, stonework, and paint. Occupied unit got a few updates this year, and duplex also got a brand-new architectural roof. Conveniently located near I-5 and close to bus stops, shopping and restaurants, it has a walk score of 61 and a bike score of 51. Both units have W/D hookups and one car garage. Lease for the occupied unit is over, new owner can choose to sign a new lease at current market rents on both units.
Estimated monthly payment
Based on current rates
$4,589/month
Principal & Interest$3,602
Property Tax$740
Insurance$247
Down payment20% ($148,000)
3%50%
Est. 6.14% rate · 30yr fixed · $592,000 loan
Full calculator →At a glance
Key facts and listing details
TypeMulti Family
Year Built1979
HeatingForced Air, Electric
CoolingNone
Parking2 Covered Parking spaces
Offer Review Date2024-07-30
Property
Home typeMulti Family
Sub-typeMulti Family
Year built1979
Systems
HeatingForced Air, Electric
CoolingNone
RoofComposition
ConstructionMetal/Vinyl
Water / SewerPublic, Company: Lakehaven / Sewer Connected, Company: Lakehaven
Parking & Outdoor
ParkingOpen
Lot9,099 sqft
Location & Tax
Neighborhood98003
Annual tax$5,537
Parcel0294500160
Features & details
7 categories of property features
Interior Features
Flooring
Vinyl Plank
Carpet
Heating
Forced Air
Electric
Cooling
None
Exterior Features
Parking
Open
Construction
Metal/Vinyl
Patio & Porch
Wall to Wall Carpet
Lot Features
Sidewalk
Cable TV
Fenced-Fully
High Speed Internet
Patio
Listing insights
Market data and value estimates
StatusSold
Days on market585
Est. value$737,500
Est. rent$2,486/mo
Tax rate0.82%
Price/sqft$323
On marketAug 24, 2024
PostedJul 24, 2024
Last sold$740,000
MLS statusSold
MLS updatedSep 5, 2024
Tour days6
Views5
How are the schools in Federal Way?
3 schools rated nearby
Location
Federal Way, WA, 98003
Price history
21 events
DateEventPrice$/sqftSource
Sep 9, 2025Listing Removed$2,595$1Zillow Rentals
Aug 26, 2025Price Change$2,595$1Zillow Rentals
Aug 12, 2025Price Change$2,695$1Zillow Rentals
Jul 31, 2025Listed For Rent$2,795$1Zillow Rentals
Aug 29, 2024Sold$740,000$323NWMLS as distributed by MLS GRID
Jul 31, 2024Pending Sale$719,000$314NWMLS as distributed by MLS GRID
Jul 24, 2024Listed For Sale$719,000$314NWMLS as distributed by MLS GRID
Mar 7, 2013Sold$168,000$73NWMLS as distributed by MLS GRID
Jul 2, 2012Listed For Sale$185,000$81Asset Realty Group
Mar 22, 2012Listing Removed$185,000$81Asset Realty Group
Dec 10, 2011Listed For Sale$185,000$81Asset Realty Group
Nov 3, 2011Listing Removed$185,000$81Asset Realty Group
Aug 13, 2011Listed For Sale$185,000$81Asset Realty Group
Jun 16, 2010Listing Removed$250,000$109Windermere-Puyallup/Canyon Road, LLC
Jan 9, 2010Price Change$250,000$109Windermere-Puyallup/Canyon Road, LLC
Sep 24, 2009Listed For Sale$275,000$120Windermere-Puyallup/Canyon Road, LLC
Jul 7, 2006Sold$334,900$146NWMLS as distributed by MLS GRID
May 24, 2005Sold$250,000$109Public Record
Nov 7, 2002Sold$209,700$92Public Record
Sep 7, 2001Sold$162,000$71Public Record
Dec 18, 1998Sold$157,000$69Public Record
Listing Removed$2,595
Sep 9, 2025•$1/sqft•Zillow Rentals
Price Change$2,595
Aug 26, 2025•$1/sqft•Zillow Rentals
Price Change$2,695
Aug 12, 2025•$1/sqft•Zillow Rentals
Listed For Rent$2,795
Jul 31, 2025•$1/sqft•Zillow Rentals
Sold$740,000
Aug 29, 2024•$323/sqft•NWMLS as distributed by MLS GRID
Pending Sale$719,000
Jul 31, 2024•$314/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$719,000
Jul 24, 2024•$314/sqft•NWMLS as distributed by MLS GRID
Sold$168,000
Mar 7, 2013•$73/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$185,000
Jul 2, 2012•$81/sqft•Asset Realty Group
Listing Removed$185,000
Mar 22, 2012•$81/sqft•Asset Realty Group
Listed For Sale$185,000
Dec 10, 2011•$81/sqft•Asset Realty Group
Listing Removed$185,000
Nov 3, 2011•$81/sqft•Asset Realty Group
Listed For Sale$185,000
Aug 13, 2011•$81/sqft•Asset Realty Group
Listing Removed$250,000
Jun 16, 2010•$109/sqft•Windermere-Puyallup/Canyon Road, LLC
Price Change$250,000
Jan 9, 2010•$109/sqft•Windermere-Puyallup/Canyon Road, LLC
Listed For Sale$275,000
Sep 24, 2009•$120/sqft•Windermere-Puyallup/Canyon Road, LLC
Sold$334,900
Jul 7, 2006•$146/sqft•NWMLS as distributed by MLS GRID
Sold$250,000
May 24, 2005•$109/sqft•Public Record
Sold$209,700
Nov 7, 2002•$92/sqft•Public Record
Sold$162,000
Sep 7, 2001•$71/sqft•Public Record
Sold$157,000
Dec 18, 1998•$69/sqft•Public Record
Tax history
21 years of records
YearTax paidAssessed value
Apr 7, 2024$5,575$554,000
Apr 7, 2023$5,537$504,000
Apr 7, 2022$5,428$551,000
Apr 7, 2021$4,813$423,000
Apr 7, 2020$4,392$362,000
Apr 7, 2019$4,159$347,000
Apr 7, 2018$3,809$329,000
Apr 7, 2017$4,230$296,000
Apr 7, 2016$3,562$273,000
Apr 7, 2015$3,562$258,000
Apr 7, 2014$3,562$244,000
Apr 7, 2013$3,562$206,000
Apr 7, 2012—$197,000
Apr 7, 2011—$212,000
Apr 7, 2010—$251,000
Apr 7, 2009—$251,000
Apr 7, 2007—$257,000
Apr 7, 2006—$257,000
Apr 7, 2005—$205,000
Apr 7, 2001$2,266$168,000
Apr 7, 2000$2,215$158,000
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
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Based on information submitted to the MLS GRID as of 2026-04-07 13:53:47 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)
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