Sold115d on market
2031 S 301st Place
Federal Way, WA, 98003 • Steel Lake • King County
$515,000
$515/sqft
3Beds
1Baths
1,000Sqft
0.18 acLot
1968Built
Property DNA
Steel Lake
Steel Lake
Outdoor Living
Fireplace
1 Fireplace
Wood Burning · Main Level: 1 · Fireplace
1-Car Garage
Attached Garage
Hardwood Floors
Quality flooring throughout
Market activity
Demand and pricing signals for this listing
6 views
People checking out this listing
115 days on market
Established listing
$515/sqft
Price per square foot
About this home
Single Family · Built 1968
Discover this inviting rambler in Federal Way’s sought-after Steel Lake Estates. With 3 bedrooms, 1 bath, and original hardwood floors, it offers timeless character paired with everyday comfort. A cozy wood-burning fireplace makes the living room the heart of the home, while the attached garage with workbench adds function. Step outside to a spacious, partially fenced backyard—ideal for gardening, play, or outdoor entertaining. Close to Steel Lake Park, shopping, dining, I-5 and the airport, this location blends convenience with a peaceful neighborhood feel. With the future light rail service (Dec 2025) nearby, this home is a smart choice for first-time buyers, downsizers, or anyone seeking lasting value.
Standout features identified
Our analysis highlights cozy wood-burning fireplace, attached garage with workbench, and original hardwood floors as key attractions of this home.
Estimated monthly payment
Based on current rates
$3,206/month
Principal & Interest$2,519
Property Tax$515
Insurance$172
Down payment20% ($103,000)
3%50%
Est. 6.18% rate · 30yr fixed · $412,000 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1968
HeatingFireplace, Forced Air, Electric, Natural Gas
CoolingForced Air
Parking1 Attached Garage space
Lot7,666 sqft
Property
Home typeSingle Family
Sub-typeSingle Family Residence
Year built1968
Stories1
Systems
HeatingFireplace, Forced Air, Electric, Natural Gas
CoolingForced Air
RoofComposition
ConstructionCement Planked, Cement Plank
Water / SewerPublic / Sewer Connected
Parking & Outdoor
ParkingAttached Garage
Garage1 spaces
BasementNone
Fireplaces1
Lot7,666 sqft
Location & Tax
NeighborhoodSteel Lake
Annual tax$4,228
Parcel7982900230
Bathrooms & Fees
Full baths1
Features & details
8 categories of property features
Interior Features
Appliances
Dishwasher(s)
Dryer(s)
Microwave(s)
Refrigerator(s)
Stove(s)/Range(s)
Washer(s)
Flooring
Hardwood
Heating
Fireplace
Forced Air
Electric
Natural Gas
Cooling
Forced Air
Fireplace
Wood Burning
Main Level: 1
Fireplace
Exterior Features
Parking
Attached Garage
Construction
Cement Planked
Cement Plank
Patio & Porch
Fireplace
Room details
4 rooms detailed
Master Bedroom
MainBedroom
MainBedroom
MainBathroom Full
MainListing insights
Market data and value estimates
StatusSold
Days on market115
Est. value$521,900
Est. rent$2,505/mo
Tax rate0.82%
Price/sqft$515
On marketDec 6, 2025
PostedSep 25, 2025
Last sold$515,000
MLS statusSold
MLS updatedJan 12, 2026
Tour days6
Views6
How are the schools in Federal Way?
3 schools rated nearby
Location
Federal Way, WA, 98003
Price history
8 events
DateEventPrice$/sqftSource
Dec 12, 2025Sold$515,000$515NWMLS as distributed by MLS GRID
Nov 10, 2025Pending Sale$499,950$500NWMLS as distributed by MLS GRID
Nov 5, 2025Listed For Sale$499,950$500John L Scott Real Estate
Nov 5, 2025Pending Sale$499,950$500John L Scott Real Estate
Nov 4, 2025Pending Sale$499,950$500NWMLS as distributed by MLS GRID
Oct 16, 2025Listed For Sale$499,950$500NWMLS as distributed by MLS GRID
Oct 7, 2025Pending Sale$499,950$500NWMLS as distributed by MLS GRID
Sep 25, 2025Listed For Sale$499,950$500NWMLS as distributed by MLS GRID
Sold$515,000
Dec 12, 2025•$515/sqft•NWMLS as distributed by MLS GRID
Pending Sale$499,950
Nov 10, 2025•$500/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$499,950
Nov 5, 2025•$500/sqft•John L Scott Real Estate
Pending Sale$499,950
Nov 5, 2025•$500/sqft•John L Scott Real Estate
Pending Sale$499,950
Nov 4, 2025•$500/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$499,950
Oct 16, 2025•$500/sqft•NWMLS as distributed by MLS GRID
Pending Sale$499,950
Oct 7, 2025•$500/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$499,950
Sep 25, 2025•$500/sqft•NWMLS as distributed by MLS GRID
Tax history
21 years of records
YearTax paidAssessed value
Apr 7, 2024$4,298$424,000
Apr 7, 2023$4,288$386,000
Apr 7, 2022$3,982$399,000
Apr 7, 2021$3,529$306,000
Apr 7, 2020$3,222$262,000
Apr 7, 2019$3,051$252,000
Apr 7, 2018$2,797$239,000
Apr 7, 2017$3,101$215,000
Apr 7, 2016$2,469$198,000
Apr 7, 2015$2,469$176,000
Apr 7, 2014$2,469$167,000
Apr 7, 2013$2,469$141,000
Apr 7, 2012—$135,000
Apr 7, 2011—$146,000
Apr 7, 2010—$182,000
Apr 7, 2009—$182,000
Apr 7, 2007—$186,000
Apr 7, 2006—$176,000
Apr 7, 2005—$154,000
Apr 7, 2001$1,609$118,000
Apr 7, 2000$1,560$110,000
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 10:33:39 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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