Sold285d on market
1223 SW 318th Street
Federal Way, WA, 98023 • Lake Ota • King County
$705,000
$371/sqft
4Beds
3Baths
1,900Sqft
0.16 acLot
1992Built
Property DNA
Scenic Views
See Remarks · Territorial
Traditional Style
Built 1992 · 34 years of history
Lakota
Lake Ota
Outdoor Living
Fireplace
1 Fireplace
Main Level: 1 · Fireplace
3-Car Garage
Attached Garage · Off Street
Ceramic Tile & Engineered Hardwood Floors
Quality flooring throughout
This home is getting attention
Listed 285 days ago · 3 views
Market activity
Demand and pricing signals for this listing
3 views
People checking out this listing
285 days on market
Established listing
$371/sqft
Price per square foot
Selling Soon Prediction
HighThis home ranks in the top 12% 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 1992
Nestled at the end of a peaceful cul-de-sac is this handsome Lakota Hills home offering timeless appeal. A gracious foyer with updated floors welcomes you in, revealing an airy open staircase and a living room with soaring vaulted ceilings. The beautifully updated kitchen features granite countertops, stainless steel appliances, and custom cabinetry - ideal for both everyday living and entertaining. The adjacent family room is warm and inviting, while the patio off the kitchen extends the living space outdoors to a serene, professionally landscaped backyard with greenbelt views. Additional highlights include a spacious 3-car garage, ample off-street parking, convenient access to local parks, shopping, Dash Point Beach, and I-5. Hurry!
Standout features identified
Our analysis highlights greenbelt views, serene professionally landscaped backyard, and updated floors as key attractions of this home.
Estimated monthly payment
Based on current rates
$4,387/month
Principal & Interest$3,447
Property Tax$705
Insurance$235
Down payment20% ($141,000)
3%50%
Est. 6.18% rate · 30yr fixed · $564,000 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1992
HeatingFireplace, Forced Air, Electric, Natural Gas
CoolingForced Air
Parking3 Attached Garage spaces
Lot7,139 sqft
Property
Home typeSingle Family
Sub-typeSingle Family Residence
StyleTraditional
ConditionVery Good
Year built1992
Stories2
Systems
HeatingFireplace, Forced Air, Electric, Natural Gas
CoolingForced Air
RoofComposition
ConstructionWood Siding, Wood Products
Water / SewerPublic, Company: Lakehaven / Sewer Connected, Company: Lakehaven
Parking & Outdoor
ParkingAttached Garage, Off Street
Garage3 spaces
BasementNone
Fireplaces1
Lot7,139 sqft
Location & Tax
NeighborhoodLake Ota
Annual tax$6,260
Parcel4167960360
Bathrooms & Fees
Full baths2
Features & details
10 categories of property features
Interior Features
Appliances
Dishwasher(s)
Disposal
Dryer(s)
Microwave(s)
Refrigerator(s)
Stove(s)/Range(s)
Washer(s)
Garbage Disposal
Water Heater Location: Garage
Flooring
Ceramic Tile
Engineered Hardwood
Vinyl
Carpet
Heating
Fireplace
Forced Air
Electric
Natural Gas
Cooling
Forced Air
Fireplace
Main Level: 1
Fireplace
Exterior Features
Parking
Attached Garage
Off Street
Construction
Wood Siding
Wood Products
Patio & Porch
Fireplace
Lot Features
Cul-De-Sac
Curbs
Paved
Cable TV
Deck
Fenced-Partially
Gas Available
High Speed Internet
Sprinkler System
Views
See Remarks
Territorial
Room details
13 rooms detailed
Master Bedroom
Bedroom
Bedroom
Bedroom
Bathroom Full
Bathroom Full
Listing insights
Market data and value estimates
StatusSold
Days on market285
Est. value$705,200
Est. rent$3,319/mo
Tax rate0.82%
Price/sqft$371
On marketJul 5, 2025
PostedMay 2, 2025
Last sold$705,000
MLS statusSold
MLS updatedJul 26, 2025
Tour days6
Views3
How are the schools in Federal Way?
3 schools rated nearby
Location
Federal Way, WA, 98023
Price history
9 events
DateEventPrice$/sqftSource
Jun 25, 2025Sold$705,000$371NWMLS as distributed by MLS GRID
May 22, 2025Pending Sale$699,950$368NWMLS as distributed by MLS GRID
May 2, 2025Listed For Sale$699,950$368NWMLS as distributed by MLS GRID
Oct 29, 2018Listing Removed$435,000$229Coldwell Banker Bain
Oct 29, 2018Listed For Sale$435,000$229Coldwell Banker Bain
Oct 26, 2018Sold$425,000$224NWMLS as distributed by MLS GRID
Sep 21, 2018Pending Sale$435,000$229Coldwell Banker Bain
Sep 11, 2018Price Change$435,000$229Coldwell Banker Bain
Aug 12, 2018Listed For Sale$449,000$236Coldwell Banker Bain
Sold$705,000
Jun 25, 2025•$371/sqft•NWMLS as distributed by MLS GRID
Pending Sale$699,950
May 22, 2025•$368/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$699,950
May 2, 2025•$368/sqft•NWMLS as distributed by MLS GRID
Listing Removed$435,000
Oct 29, 2018•$229/sqft•Coldwell Banker Bain
Listed For Sale$435,000
Oct 29, 2018•$229/sqft•Coldwell Banker Bain
Sold$425,000
Oct 26, 2018•$224/sqft•NWMLS as distributed by MLS GRID
Pending Sale$435,000
Sep 21, 2018•$229/sqft•Coldwell Banker Bain
Price Change$435,000
Sep 11, 2018•$229/sqft•Coldwell Banker Bain
Listed For Sale$449,000
Aug 12, 2018•$236/sqft•Coldwell Banker Bain
Tax history
21 years of records
YearTax paidAssessed value
Apr 7, 2024$6,260$630,000
Apr 7, 2023$6,246$571,000
Apr 7, 2022$6,085$620,000
Apr 7, 2021$5,559$491,000
Apr 7, 2020$5,632$468,000
Apr 7, 2019$5,196$436,000
Apr 7, 2018$4,799$417,000
Apr 7, 2017$4,690$329,000
Apr 7, 2016$3,591$279,000
Apr 7, 2015$3,591$259,000
Apr 7, 2014$3,591$246,000
Apr 7, 2013$3,591$201,000
Apr 7, 2012—$191,000
Apr 7, 2011—$224,000
Apr 7, 2010—$259,000
Apr 7, 2009—$259,000
Apr 7, 2007—$267,000
Apr 7, 2006—$248,000
Apr 7, 2005—$230,000
Apr 7, 2001$2,492$186,000
Apr 7, 2000$2,462$177,000
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 07:38:28 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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