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.
Sold
Listed by:
Sergey Lobodzinskiy,
Skyline Properties, Inc.
Bought with: Skyline Properties, Inc.
$701,000
2012 S 331st Street, Federal Way, WA 98003
4beds
2,000sqft
Single Family Residence
Built in 1978
8,698.93 Square Feet Lot
$700,300 Zestimate®
$351/sqft
$3,232 Estimated rent
Home value
$700,300
$651,000 - $756,000
$3,232/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: November 10, 2025 at 04:05am
Listed by:
Sergey Lobodzinskiy,
Skyline Properties, Inc.
Bought with:
Nancy Struthers, 86420
Skyline Properties, Inc.
Source: NWMLS,MLS#: 2429740
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
- Main level bathrooms: 2
- Main level bedrooms: 3
Primary bedroom
- Level: Main
Bedroom
- Level: Main
Bedroom
- Level: Main
Bathroom full
- Level: Main
Bathroom full
- Level: Main
Bathroom full
- Level: Lower
Kitchen with eating space
- Level: Main
Kitchen with eating space
- Level: Lower
Living room
- Level: Main
Other
- Level: Lower
Utility room
- Level: Main
Heating
- Forced Air, Natural Gas
Cooling
- Forced Air
Appliances
- Included: Dishwasher(s), Disposal, Dryer(s), Microwave(s), Refrigerator(s), Washer(s), Garbage Disposal
Features
- Bath Off Primary
- Flooring: Laminate
- Windows: Double Pane/Storm Window
- Basement: Finished
- Has fireplace: No
Interior area
- Total structure area: 2,000
- Total interior livable area: 2,000 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached Garage, RV Parking
- Attached garage spaces: 2
Features
- Levels: Multi/Split
- Patio & porch: Second Kitchen, Bath Off Primary, Double Pane/Storm Window
- Has view: Yes
- View description: Territorial
Lot
- Size: 8,698 sqft
- Features: Curbs, Deck, Fenced-Fully, Patio, Propane, Rooftop Deck, RV Parking
- Topography: Level
Details
- Additional structures: ADU Beds: 1, ADU Baths: 1
- Parcel number: 4131500020
- Zoning description: Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Very Good
- Year built: 1978
- Major remodel year: 1978
Utilities & green energy
- Sewer: Sewer Connected
- Water: Public
Community & neighborhood
Location
- Region: Federal Way
- Subdivision: Federal Way
HOA & financial
HOA
- Association phone: 206-229-5027
Other
Other facts
- Listing terms: Cash Out,Conventional,FHA,VA Loan
- Cumulative days on market: 5 days
Price history
| Date | Event | Price |
|---|---|---|
| 10/10/2025 | Sold | $701,000+0.2%$351/sqft |
Source:  NWMLS #2429740 | ||
| 9/8/2025 | Pending sale | $699,777$350/sqft |
Source: NWMLS #2429740 | ||
| 9/5/2025 | Listed for sale | $699,777+48.9%$350/sqft |
Source: NWMLS #2429740 | ||
| 7/8/2025 | Sold | $470,000-6%$235/sqft |
Source: NWMLS #2388063 | ||
| 6/14/2025 | Pending sale | $500,000$250/sqft |
Source: NWMLS #2388063 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,204 +1.8% | $515,000 +11% |
| 2023 | $5,114 +3.3% | $464,000 -7.4% |
| 2022 | $4,953 +10.2% | $501,000 +27.2% |
Find assessor info on the county website
Neighborhood: 98003
Nearby schools
GreatSchools rating
- 3/10Lake Dolloff Elementary SchoolGrades: PK-5Distance: 2.1 mi
- 4/10Sequoyah Middle SchoolGrades: 6-8Distance: 2.1 mi
- 3/10Todd Beamer High SchoolGrades: 9-12Distance: 2.1 mi
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$700,300
2% more+ $14,006
With Zillow Showcase(estimated)
$714,306