Sold587d on market
2162 SW 316th Street
Federal Way, WA, 98023 • Twin Lakes • King County
$875,000
$243/sqft
5Beds
3Baths
3,600Sqft
0.55 acLot
1961Built
Property DNA
Cape Cod Style
Built 1961 · 65 years of history
Federal Way
Twin Lakes
Outdoor Living
Bath Off Primary · Ceramic Tile · Double Pane/Storm Window · Dining Room · Fireplace · Hardwood · Jetted Tub · Security System · Walk-In Closet(s) · Wall to Wall Carpet · Water Heater · Wired for Generator
3 Fireplaces
Gas · Wood Burning · Main Level: 3 · Fireplace
4-Car Garage
Driveway · Attached Garage · RV Parking
Ceramic Tile & Hardwood Floors
Quality flooring throughout
Market activity
Demand and pricing signals for this listing
24 views
People checking out this listing
587 days on market
Established listing
$243/sqft
Price per square foot
About this home
Single Family · Built 1961
Incredible value ~ this fabulous home is priced to sell with an unbeatable new price! Experience the ultimate blend of indoor and outdoor living in this spacious home with 3600 sq. ft. & 5 bedrooms, on over 1/2 acre ~ there's room for everyone! Large primary en-suite on main, huge bedrooms upstairs and a 19’x15’ bonus room open to the hall ~ perfect for game, gym, media or kids playroom. Open concept kitchen/dining & sunroom opening to beautiful stone patio, veggie/fruit gardens & full-size sport court ~pickleball/tennis anyone ? There’s a 4-car garage, w/long driveway & RV parking. This home is well-suited for accommodating a larger household. Located in quiet, desirable Country Village neighborhood close to everything in Federal Way.
Standout features identified
Our analysis highlights beautiful stone patio, fruit trees, and full size sport court as key attractions of this home.
Estimated monthly payment
Based on current rates
$5,366/month
Principal & Interest$4,199
Property Tax$875
Insurance$292
Down payment20% ($175,000)
3%50%
Est. 6.00% rate · 30yr fixed · $700,000 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1961
HeatingFireplace, Forced Air, High Efficiency (Unspecified), Stove/Free Standing, Natural Gas
CoolingNone
Parking4 Attached Garage spaces
Lot0.55 Acres
Property
Home typeSingle Family
Sub-typeSingle Family Residence
StyleCape Cod
ConditionVery Good
Year built1961
Stories2
Systems
HeatingFireplace, Forced Air, High Efficiency (Unspecified), Stove/Free Standing, Natural Gas
CoolingNone
RoofComposition
ConstructionBrick, Wood Siding
Water / SewerPublic, Company: Lake Haven / Septic Tank
Parking & Outdoor
ParkingDriveway, Attached Garage, RV Parking
Garage4 spaces
BasementNone
Fireplaces3
Lot0.55 Acres
Location & Tax
NeighborhoodTwin Lakes
Annual tax$6,556
Parcel1221039097
Bathrooms & Fees
Full baths2
Features & details
14 categories of property features
Interior Features
Interior
Bath Off Primary
Dining Room
Appliances
Dishwasher(s)
Microwave(s)
Stove(s)/Range(s)
Water Heater: gas
Water Heater Location: utility room
Flooring
Ceramic Tile
Hardwood
See Remarks
Carpet
Heating
Fireplace
Forced Air
High Efficiency (Unspecified)
Stove/Free Standing
Natural Gas
Cooling
None
Fireplace
Gas
Wood Burning
Main Level: 3
Fireplace
Windows
Double Pane/Storm Window
Exterior Features
Parking
Driveway
Attached Garage
RV Parking
Construction
Brick
Wood Siding
Patio & Porch
Bath Off Primary
Ceramic Tile
Double Pane/Storm Window
Dining Room
Fireplace
Hardwood
Jetted Tub
Security System
Walk-In Closet(s)
Wall to Wall Carpet
Water Heater
Wired for Generator
Lot Features
Dead End Street
Paved
Athletic Court
Cable TV
Fenced-Partially
Gas Available
High Speed Internet
Outbuildings
Patio
RV Parking
Security
Security System
Utilities
Comcast
Comcast
Other Equipment
Leased Equipment: water heater
Wired for Generator
Room details
18 rooms detailed
Master Bedroom
MainBedroom
SecondBedroom
SecondBedroom
SecondBedroom
SecondBathroom Full
MainListing insights
Market data and value estimates
StatusSold
Days on market587
Est. value$859,200
Est. rent$4,163/mo
Tax rate0.82%
Price/sqft$243
On marketJun 15, 2024
PostedMay 23, 2024
Last sold$875,000
MLS statusSold
MLS updatedAug 29, 2024
Tour days6
Views24
How are the schools in Federal Way?
3 schools rated nearby
Location
Federal Way, WA, 98023
Price history
4 events
DateEventPrice$/sqftSource
Aug 29, 2024Sold$875,000$243NWMLS as distributed by MLS GRID
Aug 7, 2024Pending Sale$850,000$236NWMLS as distributed by MLS GRID
Jul 30, 2024Price Change$850,000$236NWMLS as distributed by MLS GRID
May 23, 2024Listed For Sale$895,000$249NWMLS as distributed by MLS GRID
Sold$875,000
Aug 29, 2024•$243/sqft•NWMLS as distributed by MLS GRID
Pending Sale$850,000
Aug 7, 2024•$236/sqft•NWMLS as distributed by MLS GRID
Price Change$850,000
Jul 30, 2024•$236/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$895,000
May 23, 2024•$249/sqft•NWMLS as distributed by MLS GRID
Tax history
21 years of records
YearTax paidAssessed value
Apr 9, 2024$7,094$704,000
Apr 9, 2023$6,956$638,000
Apr 9, 2022$6,780$693,000
Apr 9, 2021$6,272$556,000
Apr 9, 2020$6,287$524,000
Apr 9, 2019$5,978$503,000
Apr 9, 2018$5,518$481,000
Apr 9, 2017$5,945$419,000
Apr 9, 2016$4,840$379,000
Apr 9, 2015$4,840$352,000
Apr 9, 2014$4,840$334,000
Apr 9, 2013$4,840$230,000
Apr 9, 2012—$214,000
Apr 9, 2011—$251,000
Apr 9, 2010—$289,000
Apr 9, 2009—$289,000
Apr 9, 2007—$373,000
Apr 9, 2006—$308,000
Apr 9, 2005—$259,000
Apr 9, 2001$2,570$192,000
Apr 9, 2000$2,449$176,000
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 17:28:49 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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