$1,030,000
Listed at $989,9904 bd•2 ba•2,931 sq ft
36515 3rd Place Sw #5, Federal Way, WA 98023
• Listed 2025-04-10
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Based on information submitted to the MLS GRID as of September 6, 2025 at 04:03am (date and time MLS GRID Data was obtained). 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.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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This brand-new, contemporary, energy efficient home By Ichijo USA is 2,931 sq ft and features 4 beds/2.75 baths, a covered patio, 2 car garage, and a 2nd floor balcony with spectacular Mt Rainier views, all on an 18,180 sq ft estate-sized homesite! Main-floor bedroom is adjacent to 3/4 bath. Upstairs is the spacious family room, 2 more bedrooms and a huge primary suite with a walk-in closet and a 5-piece bathroom! Only minutes away from I-5, grocery stores, dining, and schools. 15k buyer incentive with use of Preferred Lender! (Expires 5/31/2025) If represented by a broker, broker must accompany & register at 1st visit See Site Registration Policy 4772.
Listed by Kyle Summers • James & Associates R.E. Inc.
Listing updated: September 6, 2025 at 04:03am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2358539
Open houses
No upcoming open houses scheduled for this property.
Nearby open houses (1)
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Open Sat, Jul 11$979,000
-$51,000 under list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $735K and $1.03M.
Rental earnings
$2,925/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$1,030,000Last sold price
36515 3rd Place Sw #5, Federal Way, WA 98023
$978,990Last sold price
36521 Sw 3rd Place Street #4, Federal Way, WA 98023
Estimate is a comp-supported screen, not an appraisal or broker price opinion. Ask RexMont for a property-specific pricing review before writing or accepting an offer.
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Federal Way is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Many homes get multiple offers, some with waived contingencies.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 9 days.
$862,000 Sold
2 weeks ago
5 bd•3 ba•~3,450 sq ft•Single Family
35638 8th Avenue Sw, Federal Way, WA 98023
4%
Under list
—
Days on market
0.5 mi
Distance
$1,015,000 Sold
2 weeks ago
4 bd•2 ba•~2,931 sq ft•Single Family
316 Sw 365th Street #6, Federal Way, WA 98023
5%
Under list
—
Days on market
0.1 mi
Distance
$850,000 Sold
5 weeks ago
4 bd•2.5 ba•~2,680 sq ft•Single Family
417 Sw 353rd Street, Federal Way, WA 98023
1%
Over list
—
Days on market
0.7 mi
Distance
$567,000 Sold
3 months ago
3 bd•2.5 ba•~1,790 sq ft•Single Family
1223 Sw 353rd Street, Federal Way, WA 98023
1%
Under list
—
Days on market
0.9 mi
Distance
$588,500 Sold
6 months ago
3 bd•2 ba•~1,444 sq ft•Single Family
35616 15th Ave Sw, Federal Way, WA 98023
1%
Over list
—
Days on market
0.8 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Jul 2026
Federal Way School District
Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.
