2012 S 331st St Federal Way, WA 98003
Estimated payment $4,217/month
Highlights
- Second Kitchen
- RV Access or Parking
- Territorial View
- Rooftop Deck
- Property is near public transit
- Traditional Architecture
About This Home
An Oasis in the heart of Federal Way! This home has been refreshed with new flooring, new cabinets, and new bathrooms, creating a bright and welcoming living space. Features include all appliances, a private studio with separate entrance, spacious garage, large lot with tranquil pond, and a glass-covered area for relaxation or entertainment. No HOA! Potential $8,000 down payment or closing cost assistance available from preferred lender for first time Homeowners. Convenient location near freeway & future light rail.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2429740

Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,204
Year Built
- Built in 1978
Lot Details
- 8,700 Sq Ft Lot
- Property is Fully Fenced
- Level Lot
- Property is in very good condition
Parking
- 2 Car Attached Garage
- RV Access or Parking
Home Design
- Traditional Architecture
- Split Foyer
- Poured Concrete
- Composition Roof
- Wood Siding
Interior Spaces
- 2,000 Sq Ft Home
- Multi-Level Property
- Laminate Flooring
- Territorial Views
- Storm Windows
- Finished Basement
Kitchen
- Second Kitchen
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- Bathroom on Main Level
Laundry
- Dryer
- Washer
Outdoor Features
- Rooftop Deck
- Patio
Additional Homes
- ADU includes 1 Bedroom and 1 Bathroom
Location
- Property is near public transit
- Property is near a bus stop
Utilities
- Forced Air Heating and Cooling System
- Propane
Community Details
- No Home Owners Association
- Secondary HOA Phone (206) 229-5027
- Federal Way Subdivision
Listing and Financial Details
- Down Payment Assistance Available
- Visit Down Payment Resource Website
- Assessor Parcel Number 4131500020
Map
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2024 | $5,204 | $515,000 | $135,000 | $380,000 |
2023 | $5,114 | $464,000 | $117,000 | $347,000 |
2022 | $4,494 | $501,000 | $125,000 | $376,000 |
2021 | $4,041 | $394,000 | $101,000 | $293,000 |
2020 | $3,844 | $332,000 | $90,000 | $242,000 |
2018 | $3,756 | $303,000 | $90,000 | $213,000 |
2017 | $3,222 | $262,000 | $75,000 | $187,000 |
2016 | $3,316 | $224,000 | $75,000 | $149,000 |
2015 | $3,051 | $221,000 | $75,000 | $146,000 |
2014 | -- | $208,000 | $75,000 | $133,000 |
2013 | -- | $172,000 | $72,000 | $100,000 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
09/08/2025 09/08/25 | Pending | -- | -- | -- |
09/04/2025 09/04/25 | For Sale | $699,777 | +48.9% | $350 / Sq Ft |
07/08/2025 07/08/25 | Sold | $470,000 | -6.0% | $249 / Sq Ft |
06/13/2025 06/13/25 | Pending | -- | -- | -- |
06/05/2025 06/05/25 | For Sale | $500,000 | -- | $265 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $470,000 | None Listed On Document | |
Quit Claim Deed | $313 | Cw Title | |
Quit Claim Deed | $313 | Cw Title | |
Interfamily Deed Transfer | $71,746 | Service Link | |
Warranty Deed | $130,000 | Transnation Title Insurance |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $423,000 | New Conventional | |
Previous Owner | $198,450 | New Conventional | |
Previous Owner | $205,000 | Purchase Money Mortgage | |
Previous Owner | $132,600 | VA |
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2429740

APN: 413150-0020
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