Sold374d on market
1705 SW 354th Place
Federal Way, WA, 98023 • Madrona • King County
$775,000
$298/sqft
4Beds
3Baths
2,600Sqft
0.26 acLot
1997Built
Property DNA
Territorial Views
Territorial
Federal Way
Madrona
Outdoor Living
Bath Off Primary · Built-In Vacuum · Double Pane/Storm Window · Dining Room · Fireplace · French Doors · High Tech Cabling · Laminate Hardwood · Skylight(s) · Sprinkler System · Walk-In Closet(s) · Wall to Wall Carpet
1 Fireplace
Gas · Main Level: 1 · Fireplace
2-Car Garage
Attached Garage · RV Parking
This home is in high demand
Listed 374 days ago · 3 views · Top 10% likely to sell soon
Market activity
Demand and pricing signals for this listing
3 views
People checking out this listing
374 days on market
Established listing
$298/sqft
Price per square foot
Selling Soon Prediction
Very HighThis home ranks in the top 10% 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
Single Family · Built 1997
Spectacular is the only way to describe this 4-bedrooms 2.5 bath masterpiece of a home. This home is literally perfect in every way! Almost every room has been remodeled and updated in the last 12 months. Spacious kitchen with undermount sink and new cabinets. Bonus/workout room. Gigantic primary bedroom with a private bath that should be on a Homes and Garden cover page! Covered deck. Oversized garage with work bench. Tons of storage! New roof 2024. New paint 2024. New furnace 2020. New hot water tank 2016. Disability bathroom upstairs. Outdoor fire pit. Home sits on a cul-de-sac with RV parking and extra off-street parking. Home sits next to the BPA trail. This is truly a once in a lifetime opportunity!
Standout features identified
Our analysis highlights extra off-street parking, rv parking, and spacious kitchen as key attractions of this home.
Estimated monthly payment
Based on current rates
$4,806/month
Principal & Interest$3,772
Property Tax$775
Insurance$258
Down payment20% ($155,000)
3%50%
Est. 6.14% rate · 30yr fixed · $620,000 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1997
HeatingFireplace, Forced Air, Electric, Natural Gas
CoolingHeat Pump
Parking2 Attached Garage spaces
Lot0.26 Acres
Offer Review Date2025-02-01
Property
Home typeSingle Family
Sub-typeSingle Family Residence
ConditionVery Good
Year built1997
Stories2
Systems
HeatingFireplace, Forced Air, Electric, Natural Gas
CoolingHeat Pump
RoofComposition
ConstructionWood Siding
Water / SewerPublic, Company: Lakehaven / Sewer Connected, Company: Lakehaven
Parking & Outdoor
ParkingAttached Garage, RV Parking
Garage2 spaces
BasementNone
Fireplaces1
Lot0.26 Acres
Location & Tax
NeighborhoodMadrona
Annual tax$6,204
Parcel2521039065
Bathrooms & Fees
Full baths1
Features & details
12 categories of property features
Interior Features
Interior
Bath Off Primary
Central Vacuum
Dining Room
High Tech Cabling
Appliances
Dishwasher(s)
Dryer(s)
Disposal
Microwave(s)
Stove(s)/Range(s)
Washer(s)
Garbage Disposal
Flooring
Laminate
Carpet
Heating
Fireplace
Forced Air
Electric
Natural Gas
Cooling
Heat Pump
Fireplace
Gas
Main Level: 1
Fireplace
Windows
Double Pane/Storm Window
Skylight(s)
Exterior Features
Parking
Attached Garage
RV Parking
Construction
Wood Siding
Patio & Porch
Bath Off Primary
Built-In Vacuum
Double Pane/Storm Window
Dining Room
Fireplace
French Doors
High Tech Cabling
Laminate Hardwood
Skylight(s)
Sprinkler System
Walk-In Closet(s)
Wall to Wall Carpet
Lot Features
Adjacent to Public Land
Cul-De-Sac
Curbs
Dead End Street
Paved
Secluded
Sidewalk
Cable TV
Deck
Fenced-Fully
High Speed Internet
Hot Tub/Spa
Outbuildings
Patio
RV Parking
Sprinkler System
Views
Territorial
Room details
15 rooms detailed
Master Bedroom
SecondBedroom
SecondBedroom
SecondBedroom
SecondBathroom Full
SecondBathroom Three Quarter
SecondListing insights
Market data and value estimates
StatusSold
Days on market374
Est. value$763,300
Est. rent$3,747/mo
Tax rate0.82%
Price/sqft$298
On marketApr 21, 2025
PostedJan 28, 2025
Last sold$775,000
MLS statusSold
MLS updatedApr 28, 2025
Tour days6
Views3
How are the schools in Federal Way?
3 schools rated nearby
Location
Federal Way, WA, 98023
Price history
5 events
DateEventPrice$/sqftSource
Mar 28, 2025Sold$775,000$298NWMLS as distributed by MLS GRID
Feb 4, 2025Pending Sale$750,000$288NWMLS as distributed by MLS GRID
Jan 28, 2025Listed For Sale$750,000$288NWMLS as distributed by MLS GRID
Jun 28, 2003Sold$288,500$111NWMLS as distributed by MLS GRID
Apr 18, 1997Sold$215,000$83Public Record
Sold$775,000
Mar 28, 2025•$298/sqft•NWMLS as distributed by MLS GRID
Pending Sale$750,000
Feb 4, 2025•$288/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$750,000
Jan 28, 2025•$288/sqft•NWMLS as distributed by MLS GRID
Sold$288,500
Jun 28, 2003•$111/sqft•NWMLS as distributed by MLS GRID
Sold$215,000
Apr 18, 1997•$83/sqft•Public Record
Tax history
21 years of records
YearTax paidAssessed value
Apr 7, 2024$6,284$627,000
Apr 7, 2023$6,204$567,000
Apr 7, 2022$6,009$612,000
Apr 7, 2021$5,548$490,000
Apr 7, 2020$5,000$414,000
Apr 7, 2019$4,870$408,000
Apr 7, 2018$4,506$391,000
Apr 7, 2017$4,941$347,000
Apr 7, 2016$4,031$314,000
Apr 7, 2015$4,031$292,000
Apr 7, 2014$4,031$277,000
Apr 7, 2013$4,031$261,000
Apr 7, 2012—$264,000
Apr 7, 2011—$292,000
Apr 7, 2010—$322,000
Apr 7, 2009—$322,000
Apr 7, 2007—$322,000
Apr 7, 2006—$302,000
Apr 7, 2005—$279,000
Apr 7, 2001$3,063$230,000
Apr 7, 2000$2,960$214,000
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 11:28:41 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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