Sold192d on market
1015 SW 348th Place
Federal Way, WA, 98023 • Madrona • King County
$605,000
$317/sqft
3Beds
3Baths
1,910Sqft
0.19 acLot
1989Built
Property DNA
Territorial Views
Territorial
Federal Way
Madrona
Outdoor Living
Bath Off Primary · Ceiling Fan(s) · Double Pane/Storm Window · Dining Room · Fireplace · French Doors · Jetted Tub · Skylight(s) · Vaulted Ceiling(s) · Walk-In Pantry · Water Heater
1 Fireplace
Gas · Main Level: 1 · Fireplace
2-Car Garage
Driveway · Attached Garage
Ceramic Tile & Hardwood Floors
Quality flooring throughout
Market activity
Demand and pricing signals for this listing
36 views
People checking out this listing
192 days on market
Established listing
$317/sqft
Price per square foot
About this home
Single Family · Built 1989
This NW home with 3 bedrooms and 3 bathrooms features an impressive great room off the kitchen that boasts a stunning fireplace and soaring 10-foot ceilings. The kitchen is a true highlight, designed for culinary enthusiasts with its granite countertops and top-of-the-line stainless steel appliances. French doors lead to a beautifully landscaped, fully fenced backyard that includes an expansive deck—ideal for entertaining friends and family. This home is not just a great deal; it’s a fantastic investment that you won’t want to pass up! Bring an offer and let's make a deal
Standout features identified
Our analysis highlights stunning fireplace, expansive deck, and french doors as key attractions of this home.
Estimated monthly payment
Based on current rates
$3,762/month
Principal & Interest$2,945
Property Tax$605
Insurance$202
HOA$10
Down payment20% ($121,000)
3%50%
Est. 6.14% rate · 30yr fixed · $484,000 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1989
HeatingFireplace, Forced Air, Electric, Natural Gas
CoolingNone
Parking2 Attached Garage spaces
HOA$10 monthly
Lot8,123 sqft
Property
Home typeSingle Family
Sub-typeSingle Family Residence
Year built1989
Stories2
Systems
HeatingFireplace, Forced Air, Electric, Natural Gas
CoolingNone
RoofComposition
ConstructionWood Siding
Water / SewerPublic, Company: LakeHaven / Sewer Connected, Company: LakeHaven
Parking & Outdoor
ParkingDriveway, Attached Garage
Garage2 spaces
Fireplaces1
Lot8,123 sqft
Location & Tax
NeighborhoodMadrona
Annual tax$5,865
Parcel5422420780
Bathrooms & Fees
Full baths2
HOA$10/mo
Features & details
13 categories of property features
Interior Features
Interior
Bath Off Primary
Ceiling Fan(s)
Dining Room
Appliances
Dishwasher(s)
Disposal
Dryer(s)
Microwave(s)
Refrigerator(s)
Stove(s)/Range(s)
Washer(s)
Garbage Disposal
Water Heater: Gas
Water Heater Location: Garage
Flooring
Ceramic Tile
Hardwood
Vinyl
Carpet
Heating
Fireplace
Forced Air
Electric
Natural Gas
Cooling
None
Fireplace
Gas
Main Level: 1
Fireplace
Windows
Double Pane/Storm Window
Skylight(s)
Exterior Features
Parking
Driveway
Attached Garage
Construction
Wood Siding
Patio & Porch
Bath Off Primary
Ceiling Fan(s)
Double Pane/Storm Window
Dining Room
Fireplace
French Doors
Jetted Tub
Skylight(s)
Vaulted Ceiling(s)
Walk-In Pantry
Water Heater
Lot Features
Corner Lot
Curbs
Paved
Sidewalk
Deck
Fenced-Fully
Gas Available
High Speed Internet
Community
CCRs
Views
Territorial
Room details
12 rooms detailed
Master Bedroom
Bedroom
Bedroom
Bathroom Full
Bathroom Full
Other
MainListing insights
Market data and value estimates
StatusSold
Days on market192
Est. value$612,200
Est. rent$3,373/mo
Tax rate0.82%
Price/sqft$317
On marketJul 18, 2025
PostedMay 22, 2025
Last sold$605,000
MLS statusSold
MLS updatedOct 27, 2025
Tour days6
Views36
How are the schools in Federal Way?
3 schools rated nearby
Location
Federal Way, WA, 98023
Price history
14 events
DateEventPrice$/sqftSource
Sep 26, 2025Sold$605,000$317NWMLS as distributed by MLS GRID
Sep 4, 2025Pending Sale$620,000$325NWMLS as distributed by MLS GRID
Sep 3, 2025Price Change$620,000$325NWMLS as distributed by MLS GRID
Jul 30, 2025Price Change$640,000$335NWMLS as distributed by MLS GRID
Jul 23, 2025Price Change$650,000$340NWMLS as distributed by MLS GRID
Jul 8, 2025Price Change$660,000$346NWMLS as distributed by MLS GRID
Jun 13, 2025Price Change$675,000$353NWMLS as distributed by MLS GRID
Jun 2, 2025Listed For Sale$680,000$356NWMLS as distributed by MLS GRID
May 29, 2025Pending Sale$680,000$356NWMLS as distributed by MLS GRID
May 22, 2025Listed For Sale$680,000$356NWMLS as distributed by MLS GRID
Oct 25, 2021Sold$627,500$329NWMLS as distributed by MLS GRID
Sep 27, 2021Pending Sale$595,000$312NWMLS as distributed by MLS GRID
Sep 22, 2021Listed For Sale$595,000$312NWMLS as distributed by MLS GRID
Apr 10, 1996Sold$162,000$85Public Record
Sold$605,000
Sep 26, 2025•$317/sqft•NWMLS as distributed by MLS GRID
Pending Sale$620,000
Sep 4, 2025•$325/sqft•NWMLS as distributed by MLS GRID
Price Change$620,000
Sep 3, 2025•$325/sqft•NWMLS as distributed by MLS GRID
Price Change$640,000
Jul 30, 2025•$335/sqft•NWMLS as distributed by MLS GRID
Price Change$650,000
Jul 23, 2025•$340/sqft•NWMLS as distributed by MLS GRID
Price Change$660,000
Jul 8, 2025•$346/sqft•NWMLS as distributed by MLS GRID
Price Change$675,000
Jun 13, 2025•$353/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$680,000
Jun 2, 2025•$356/sqft•NWMLS as distributed by MLS GRID
Pending Sale$680,000
May 29, 2025•$356/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$680,000
May 22, 2025•$356/sqft•NWMLS as distributed by MLS GRID
Sold$627,500
Oct 25, 2021•$329/sqft•NWMLS as distributed by MLS GRID
Pending Sale$595,000
Sep 27, 2021•$312/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$595,000
Sep 22, 2021•$312/sqft•NWMLS as distributed by MLS GRID
Sold$162,000
Apr 10, 1996•$85/sqft•Public Record
Tax history
21 years of records
YearTax paidAssessed value
Apr 7, 2024$5,895$591,000
Apr 7, 2023$5,865$535,000
Apr 7, 2022$5,676$577,000
Apr 7, 2021$5,241$462,000
Apr 7, 2020$4,708$389,000
Apr 7, 2019$4,578$383,000
Apr 7, 2018$4,236$367,000
Apr 7, 2017$4,648$326,000
Apr 7, 2016$3,790$295,000
Apr 7, 2015$3,790$274,000
Apr 7, 2014$3,790$260,000
Apr 7, 2013$3,790$196,000
Apr 7, 2012—$198,000
Apr 7, 2011—$220,000
Apr 7, 2010—$251,000
Apr 7, 2009—$251,000
Apr 7, 2007—$251,000
Apr 7, 2006—$236,000
Apr 7, 2005—$218,000
Apr 7, 2001$2,310$172,000
Apr 7, 2000$2,247$161,000
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 11:03:36 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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