Sold1035d on market
2648 SW 347th Street
Federal Way, WA, 98023 • Twin Lakes • King County
$552,000
$363/sqft
3Beds
2Baths
1,520Sqft
0.17 acLot
1982Built
Property DNA
Madrona
Twin Lakes
Outdoor Living
Wall to Wall Carpet · Double Pane/Storm Window · Fireplace · Water Heater
2 Fireplaces
Gas · Wood Burning · Lower Level: 1 · Main Level: 1 · Fireplace
2-Car Garage
RV Parking · Attached Garage
This home is in high demand
Listed 1035 days ago · 2 views · Top 10% likely to sell soon
Market activity
Demand and pricing signals for this listing
2 views
People checking out this listing
1035 days on market
Established listing
$363/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 1982
Welcome home to Madrona Trails! 3 bedrooms and 1 3/4 bath with main floor living room and lower level family room. Main floor features a large wrap-around deck accessible from the kitchen and wood-burning fireplace. Lower level includes a gas insert fireplace and plenty of room for entertaining, with an additional bedroom and 3/4 bath. Sliding doors lead to the patio and a large open yard. Newer windows, gas hot water tank, garage doors, and HVAC. Energy efficient heat pump with air purifier will save on winter energy costs while keeping you cool in the summer. 2 car garage, side gate for RV/boat parking. Room for toys and tools in the adjacent shed!
Standout features identified
Our analysis highlights gas insert fireplace, garage doors, and side gate as key attractions of this home.
Estimated monthly payment
Based on current rates
$3,436/month
Principal & Interest$2,700
Property Tax$552
Insurance$184
Down payment20% ($110,400)
3%50%
Est. 6.18% rate · 30yr fixed · $441,600 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1982
HeatingFireplace, Forced Air, Heat Pump, Natural Gas
CoolingForced Air, HEPA Air Filtration
Parking2 Attached Garage spaces
Lot7,352 sqft
Property
Home typeSingle Family
Sub-typeSingle Family Residence
Year built1982
Systems
HeatingFireplace, Forced Air, Heat Pump, Natural Gas
CoolingForced Air, HEPA Air Filtration
RoofComposition
ConstructionWood Siding
Water / SewerPublic, Company: Lake Haven / Sewer Connected, Company: Lake Haven
Parking & Outdoor
ParkingRV Parking, Attached Garage
Garage2 spaces
BasementDaylight,Finished
Fireplaces2
Lot7,352 sqft
Location & Tax
NeighborhoodTwin Lakes
Annual tax$4,962
Parcel5029450140
Bathrooms & Fees
Full baths1
Features & details
11 categories of property features
Interior Features
Appliances
Dryer
Washer
Dishwasher
Garbage Disposal
Refrigerator
StoveRange
Water Heater: Gas
Water Heater Location: Lower Level
Flooring
Vinyl
Carpet
Heating
Fireplace
Forced Air
Heat Pump
Natural Gas
Cooling
Forced Air
HEPA Air Filtration
Fireplace
Gas
Wood Burning
Lower Level: 1
Main Level: 1
Fireplace
Windows
Double Pane/Storm Window
Exterior Features
Parking
RV Parking
Attached Garage
Construction
Wood Siding
Patio & Porch
Wall to Wall Carpet
Double Pane/Storm Window
Fireplace
Water Heater
Lot Features
Corner Lot
Curbs
Paved
Sidewalk
Cable TV
Deck
Fenced-Fully
Gas Available
High Speed Internet
Outbuildings
Patio
RV Parking
Utilities
Xfinity
Xfinity
Room details
10 rooms detailed
Master Bedroom
MainBedroom
MainBedroom
LowerBathroom Full
MainBathroom Three Quarter
LowerEntry Hall
SplitListing insights
Market data and value estimates
StatusSold
Days on market1035
Est. value$568,400
Est. rent$2,850/mo
Tax rate0.82%
Price/sqft$363
On marketMar 15, 2025
PostedMay 4, 2023
Last sold$552,000
MLS statusSold
MLS updatedMar 17, 2025
Tour days6
Views2
How are the schools in Federal Way?
3 schools rated nearby
Location
Federal Way, WA, 98023
Price history
6 events
DateEventPrice$/sqftSource
Jun 6, 2023Sold$552,000$363NWMLS as distributed by MLS GRID
May 6, 2023Pending Sale$525,000$345NWMLS as distributed by MLS GRID
May 4, 2023Listed For Sale$525,000$345NWMLS as distributed by MLS GRID
Jul 31, 2020Sold$420,000$276NWMLS as distributed by MLS GRID
Jun 30, 2020Pending Sale$399,000$263Windermere Professional Partners
Jun 26, 2020Listed For Sale$399,000$263Windermere Professional Partners
Sold$552,000
Jun 6, 2023•$363/sqft•NWMLS as distributed by MLS GRID
Pending Sale$525,000
May 6, 2023•$345/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$525,000
May 4, 2023•$345/sqft•NWMLS as distributed by MLS GRID
Sold$420,000
Jul 31, 2020•$276/sqft•NWMLS as distributed by MLS GRID
Pending Sale$399,000
Jun 30, 2020•$263/sqft•Windermere Professional Partners
Listed For Sale$399,000
Jun 26, 2020•$263/sqft•Windermere Professional Partners
Tax history
21 years of records
YearTax paidAssessed value
Apr 7, 2024$5,125$510,000
Apr 7, 2023$5,093$462,000
Apr 7, 2022$4,962$502,000
Apr 7, 2021$4,538$398,000
Apr 7, 2020$3,865$317,000
Apr 7, 2019$3,249$269,000
Apr 7, 2018$3,011$258,000
Apr 7, 2017$3,241$225,000
Apr 7, 2016$2,668$204,000
Apr 7, 2015$2,668$190,000
Apr 7, 2014$2,668$181,000
Apr 7, 2013$2,668$161,000
Apr 7, 2012—$150,000
Apr 7, 2011—$183,000
Apr 7, 2010—$211,000
Apr 7, 2009—$211,000
Apr 7, 2007—$200,000
Apr 7, 2006—$186,000
Apr 7, 2005—$180,000
Apr 7, 2001$1,933$143,000
Apr 7, 2000$1,870$133,000
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 2026-04-07 06:03:27 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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