Sold956d on market
4924 SW 314th Place
Federal Way, WA, 98023 • Twin Lakes • King County
$550,000
$342/sqft
3Beds
2Baths
1,610Sqft
0.22 acLot
1971Built
Property DNA
Dash Point
Twin Lakes
Outdoor Living
Water Heater
2-Car Garage
Attached Garage · RV Parking
This home is in high demand
Listed 956 days ago · 5 views · Top 1% likely to sell soon
Market activity
Demand and pricing signals for this listing
5 views
People checking out this listing
956 days on market
Established listing
$342/sqft
Price per square foot
Selling Soon Prediction
Very HighThis home ranks in the top 1% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
Want the full market analysis?
Get the detailed selling prediction score, comparable sales data, and price trend forecast for this property.
Free · Delivered to your inbox in minutes
About this home
Single Family · Built 1971
Looking for a fully fenced 1-story home in a quiet neighborhood up against a greenbelt? Look no further! This house is perfect for entertaining guests with a spacious, flat backyard with two storage sheds that connect to an open bonus room with a wet bar; and tons of parking for cars, RVs and boats. Close to various trails, Dumas Bay, Dash Point Park, Palisades Park, Twin Lakes Golf & Country Club, shopping, restaurants and more. Check out the updated paint and flooring, NEW FURNACE, NEW SEPTIC installed July 2023, with a GENERATOR hooked up to the septic and house. Home inspection available upon request. Schedule a tour today! Simulated photo of backyard lawn to show potential.
Standout features identified
Our analysis highlights country club, flat backyard, and close to various trails as key attractions of this home.
Estimated monthly payment
Based on current rates
$3,424/month
Principal & Interest$2,691
Property Tax$550
Insurance$183
Down payment20% ($110,000)
3%50%
Est. 6.18% rate · 30yr fixed · $440,000 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1971
HeatingForced Air, Electric, Natural Gas
CoolingForced Air
Parking2 Attached Garage spaces
Lot9,600 sqft
Offer Review Date2023-07-31
Property
Home typeSingle Family
Sub-typeSingle Family Residence
Year built1971
Stories1
Systems
HeatingForced Air, Electric, Natural Gas
CoolingForced Air
RoofComposition
ConstructionMetal/Vinyl
Water / SewerPublic, Company: City of Tacoma / Septic Tank, Company: Private Septic
Parking & Outdoor
ParkingAttached Garage, RV Parking
Garage2 spaces
BasementNone
Lot9,600 sqft
Location & Tax
NeighborhoodTwin Lakes
Annual tax$5,247
Parcel1898700320
Bathrooms & Fees
Full baths1
Features & details
10 categories of property features
Interior Features
Appliances
Dishwasher(s)
Dryer(s)
Disposal
Refrigerator(s)
Stove(s)/Range(s)
Washer(s)
Garbage Disposal
Water Heater: Natural Gas
Water Heater Location: Garage
Flooring
Vinyl Plank
Heating
Forced Air
Electric
Natural Gas
Cooling
Forced Air
Fireplace
Wood Burning
Exterior Features
Parking
Attached Garage
RV Parking
Construction
Metal/Vinyl
Patio & Porch
Water Heater
Lot Features
Dead End Street
Paved
Cable TV
Deck
Fenced-Fully
Gas Available
Outbuildings
Patio
RV Parking
Utilities
Comcast
Comcast
Room details
12 rooms detailed
Master Bedroom
MainBedroom
MainBedroom
MainBathroom Full
MainBathroom Three Quarter
MainBonus Room
MainListing insights
Market data and value estimates
StatusSold
Days on market956
Est. value$614,200
Est. rent$3,075/mo
Tax rate0.82%
Price/sqft$342
On marketDec 1, 2024
PostedJul 27, 2023
Last sold$550,000
MLS statusSold
MLS updatedDec 5, 2024
Tour days6
Views5
How are the schools in Federal Way?
3 schools rated nearby
Location
Federal Way, WA, 98023
Price history
3 events
DateEventPrice$/sqftSource
Aug 25, 2023Sold$550,000$342NWMLS as distributed by MLS GRID
Aug 1, 2023Pending Sale$525,000$326NWMLS as distributed by MLS GRID
Jul 27, 2023Listed For Sale$525,000$326NWMLS as distributed by MLS GRID
Sold$550,000
Aug 25, 2023•$342/sqft•NWMLS as distributed by MLS GRID
Pending Sale$525,000
Aug 1, 2023•$326/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$525,000
Jul 27, 2023•$326/sqft•NWMLS as distributed by MLS GRID
Tax history
21 years of records
YearTax paidAssessed value
Apr 8, 2024$5,459$545,000
Apr 8, 2023$5,421$493,000
Apr 8, 2022$5,248$532,000
Apr 8, 2021$4,900$431,000
Apr 8, 2020$4,251$350,000
Apr 8, 2019$4,054$338,000
Apr 8, 2018$3,652$315,000
Apr 8, 2017$4,119$288,000
Apr 8, 2016$3,179$258,000
Apr 8, 2015$3,179$232,000
Apr 8, 2014$3,179$217,000
Apr 8, 2013$3,179$198,000
Apr 8, 2012—$189,000
Apr 8, 2011—$202,000
Apr 8, 2010—$241,000
Apr 8, 2009—$241,000
Apr 8, 2007—$238,000
Apr 8, 2006—$218,000
Apr 8, 2005—$204,000
Apr 8, 2001$1,972$146,000
Apr 8, 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 2026-04-08 11:53:35 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