Listed by Windermere Real Estate/PSR Inc
$595,000
$5K PRICE DROP

2431 S 354th St Federal Way, WA 98003

Estimated payment $3,780/month

Total Views 4,086
3 Beds
2.5 Baths
1,670 Sq Ft
$356 Price per Sq Ft

Highlights

  • Territorial View
  • Skylights
  • Patio
  • Wood Flooring
  • Storm Windows
  • Home Security System

About This Home

Wonderful tri-level home on a cul-de-sac backing up to a greenbelt providing privacy. Vaulted ceilings & skylights add a light & airy feel throughout. The spacious kitchen w/ eating area overlooks the lower-level living room w/ a cozy fireplace, half bath, & laundry room. The entry living room can serve as a formal dining space. Upstairs features a primary suite w/ attached bathroom, walk-in closet, & ceiling fan, plus two additional bedrooms & a full bathroom. Enjoy a fully fenced backyard, covered back patio, inviting front porch, mature landscaping, Hardie Plank siding, & two-car garage. Leafguard gutter system w/ transferable warranty. Convenient location near shopping, parks, lakes, transportation & highways.

Listing Agent

Steve Rowe

Windermere Real Estate/PSR Inc License #126462 Listed on: 05/16/2025

Windermere Real Estate/PSR Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2377262

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,801

Year Built

  • Built in 1994

Lot Details

  • 6,031 Sq Ft Lot
  • Street terminates at a dead end
  • Property is Fully Fenced
  • Sloped Lot

HOA Fees

  • $27 Monthly HOA Fees

Home Design

  • 3-Story Property
  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 1,670 Sq Ft Home
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Dining Room
  • Territorial Views

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl Plank

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Storm Windows

Parking

  • 2 Parking Spaces
  • Attached Carport
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Patio

Schools

  • Lakeland Elementary School
  • Sequoyah Mid Sch Middle School
  • Todd Beamer High School

Utilities

  • Forced Air Heating System
  • High Speed Internet
  • Cable TV Available

Community Details

  • Lake Killarney Subdivision
  • The community has rules related to covenants, conditions, and restrictions
  • Property is near a preserve or public land

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,801

Year Built

Built in 1994

Lot Details

0

HOA Fees

$27 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 13 - Tri-Level
  • Year Built: 1994
  • Inclusions: Dishwasher(s),Dryer(s),Microwave(s),Stove(s)/Range(s),Washer(s)
  • MLS Status: Active
  • Prev Status: Active
  • Unit Levels: Three Or More
  • New Construction: No
  • CalculatedSquareFootage: 1670
  • SeniorExemption: false
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2377262?w=Consumer&agent=110446
  • Special Features: None
  • Cumulative Days on Market: 50

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Appliances: Dishwasher(s), Dryer(s), Microwave(s), Stove(s)/Range(s), Washer(s)
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Hardwood, Vinyl Plank, Carpet
  • Interior Amenities: Bath Off Primary, Ceiling Fan(s), Double Pane/Storm Window, Dining Room, Fireplace, Security System, Skylight(s)
  • Living Area: 1670
  • Main Level Bathrooms: 1
  • Bathrooms: 2.5
  • BathsFullMain: 0
  • SquareFootageFinished: 1670
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 2
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 3
  • AppliancesIncluded: Dishwasher(s),Dryer(s),Microwave(s),Stove(s)/Range(s),Washer(s)
  • FireplacesLower: 1
  • NWM_NumberOfBathtubs: 2
  • NWM_NumberOfShowers: 2

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Adjacent to Public Land, Curbs, Dead End Street, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Construction Type: Cement Plank
  • Exterior Features: Cement Planked
  • Foundation Details: Poured Concrete
  • Structure Type: House

Garage/Parking

  • Attached Garage: No
  • Carport Y N: Yes
  • Covered Parking Spaces: 2
  • Open Parking: No
  • Parking Features: Attached Carport, Driveway, Off Street
  • Total Parking Spaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: Fully Fenced, Security System
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: Lakehaven
  • WaterCompany: Lakehaven

Condo/Co-op/Association

  • Community Features: CCRs
  • Senior Community: No
  • Association Fee: 325
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Junior High Dist: Federal Way
  • High School: Todd Beamer High
  • Middle Or Junior School: Sequoyah Mid Sch

Lot Info

  • Parcel Number: 0100500370
  • Topography: Partial Slope,Sloped
  • Land Lease: No
  • Lot Size Acres: 0.1385
  • Lot Size Sq Ft: 6031
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Fully,Gas Available,High Speed Internet,Patio
  • MLSLotSizeSource: Public Records
  • MLSSquareFootageSource: Public Records
  • ZoningJurisdiction: County

Green Features

  • Power Production Type: Electric, Natural Gas

Tax Info

  • Year: 2025
  • Tax Annual Amount: 5801

Multi Family

  • EnergySource: Electric,Natural Gas

MLS Schools

  • Elementary School: Lakeland Elem

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $5,801 $529,000 $165,000 $364,000
2023 $5,808 $503,000 $143,000 $360,000
2022 $5,328 $543,000 $153,000 $390,000
2021 $4,850 $427,000 $124,000 $303,000
2020 $4,660 $360,000 $110,000 $250,000
2018 $4,299 $329,000 $110,000 $219,000
2017 $3,744 $271,000 $80,000 $191,000
2016 $3,760 $232,000 $80,000 $152,000
2015 $3,452 $229,000 $80,000 $149,000
2014 -- $215,000 $80,000 $135,000
2013 -- $178,000 $77,000 $101,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2025 06/25/25 Price Changed $595,000 -0.8% $356 / Sq Ft
05/16/2025 05/16/25 For Sale $600,000 +33.3% $359 / Sq Ft
05/26/2021 05/26/21 Sold $450,000 +0.2% $269 / Sq Ft
04/23/2021 04/23/21 Pending -- -- --
04/23/2021 04/23/21 For Sale $449,000 +80.3% $269 / Sq Ft
05/15/2015 05/15/15 Sold $249,000 -0.4% $149 / Sq Ft
04/10/2015 04/10/15 Pending -- -- --
03/24/2015 03/24/15 For Sale $249,900 0.0% $150 / Sq Ft
03/18/2015 03/18/15 Pending -- -- --
03/12/2015 03/12/15 For Sale $249,900 -- $150 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $450,000 Stewart Title
Bargain Sale Deed -- Nextitle
Trustee Deed $232,200 None Available
Warranty Deed $310,000 Ticor National
Warranty Deed $185,000 Fidelity National Title
Warranty Deed $177,950 Stewart Title
Warranty Deed $145,000 Washington Title Company
Warranty Deed $43,500 Stewart Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $450,000 VA
Previous Owner $236,300 New Conventional
Previous Owner $294,500 Fannie Mae Freddie Mac
Previous Owner $25,301 Unknown
Previous Owner $148,000 No Value Available
Previous Owner $160,150 No Value Available
Previous Owner $137,750 No Value Available
Previous Owner $120,000 Construction
Closed $27,750 No Value Available
Source: Public Records

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2377262

Northwest Multiple Listing Service (NWMLS)

APN: 010050-0370