Pending1677d on market
5101 SW 316th Place
Federal Way, WA, 98023 • Twin Lakes • King County
$574,900
-$24,100 since May 31, 2023
2.1 acLot
Property DNA
Res-Over 1 Acre Style
Res-Over 1 Acre architecture
Dash Point
Twin Lakes
Market activity
Demand and pricing signals for this listing
8 views
People checking out this listing
1677 days on market
Established listing
About this home
Lot
Prime close in development potential property, water, sewer, and electricity in the street. The property is flat with no environmental issues or concerns.
Estimated monthly payment
Based on current rates
$3,558/month
Principal & Interest$2,792
Property Tax$575
Insurance$192
Down payment20% ($114,980)
3%50%
Est. 6.12% rate · 30yr fixed · $459,920 loan
Full calculator →At a glance
Key facts and listing details
Property
Home typeLot
Sub-typeUnimproved Land
StyleRes-Over 1 Acre
Systems
Water / SewerIn Street, Jurisdiction: Lake Haven / In Street
Parking & Outdoor
Lot2.10 Acres
Location & Tax
NeighborhoodTwin Lakes
ZoningRS9.6
Annual tax$4,205
Parcel1021039016
Features & details
3 categories of property features
Exterior Features
Lot Features
Paved
Brush
Lightly Treed
Partially Cleared
Utilities
Electricity Connected
Natural Gas Available
Gas
Available
Listing insights
Market data and value estimates
StatusPending
Days on market1677
Est. rent$1,947/mo
Tax rate0.82%
On marketJun 24, 2023
PostedSep 3, 2021
MLS statusPending
MLS updatedMay 30, 2025
Tour days6
Views8
How are the schools in Federal Way?
3 schools rated nearby
Location
Federal Way, WA, 98023
Price history
10 events
DateEventPrice$/sqftSource
Aug 10, 2023Pending Sale$574,900—NWMLS as distributed by MLS GRID
May 31, 2023Price Change$574,900—NWMLS as distributed by MLS GRID
Jun 22, 2022Price Change$599,000—NWMLS as distributed by MLS GRID
May 9, 2022Pending Sale$659,950—NWMLS as distributed by MLS GRID
Sep 7, 2021Listed For Sale$659,950—NWMLS as distributed by MLS GRID
Aug 6, 2020Listing Removed$1,299,500—Coldwell Banker Bain
Aug 1, 2020Listed For Sale$1,299,500—Coldwell Banker Bain
Apr 17, 2020Listing Removed$1,299,500—Coldwell Banker Bain
Nov 21, 2018Price Change$1,299,500—Coldwell Banker Bain
Aug 3, 2018Listed For Sale$1,400,000—Coldwell Banker Bain
Pending Sale$574,900
Aug 10, 2023•NWMLS as distributed by MLS GRID
Price Change$574,900
May 31, 2023•NWMLS as distributed by MLS GRID
Price Change$599,000
Jun 22, 2022•NWMLS as distributed by MLS GRID
Pending Sale$659,950
May 9, 2022•NWMLS as distributed by MLS GRID
Listed For Sale$659,950
Sep 7, 2021•NWMLS as distributed by MLS GRID
Listing Removed$1,299,500
Aug 6, 2020•Coldwell Banker Bain
Listed For Sale$1,299,500
Aug 1, 2020•Coldwell Banker Bain
Listing Removed$1,299,500
Apr 17, 2020•Coldwell Banker Bain
Price Change$1,299,500
Nov 21, 2018•Coldwell Banker Bain
Listed For Sale$1,400,000
Aug 3, 2018•Coldwell Banker Bain
Tax history
21 years of records
YearTax paidAssessed value
Apr 8, 2024$5,371$538,000
Apr 8, 2023$5,358$487,000
Apr 8, 2022$5,191$526,000
Apr 8, 2021$4,846$426,000
Apr 8, 2020$4,205$346,000
Apr 8, 2019$4,008$334,000
Apr 8, 2018$2,382$202,000
Apr 8, 2017$2,753$190,000
Apr 8, 2016$2,456$190,000
Apr 8, 2015$2,456$177,000
Apr 8, 2014$2,456$166,000
Apr 8, 2013$2,456$159,000
Apr 8, 2012—$156,000
Apr 8, 2011—$167,000
Apr 8, 2010—$199,000
Apr 8, 2009—$199,000
Apr 8, 2007—$238,000
Apr 8, 2006—$218,000
Apr 8, 2005—$204,000
Apr 8, 2001$2,362$176,000
Apr 8, 2000$2,287$164,000
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 2026-04-08 01:49:30 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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