$580,000
Listed at $549,0003 bd•2 ba•1,340 sq ft
31451 48th Place Sw, Federal Way, WA 98023
• Listed 2025-07-09
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Based on information submitted to the MLS GRID as of August 28, 2025 at 04:04am (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.
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Impressive 3BD/2BA rambler in a quiet, established neighborhood! This well-maintained home features vaulted ceilings, hardwood floors, & an open-concept layout filled with natural light. Spacious living and dining areas with a cozy gas fireplace and upgraded kitchen that opens to a private composite deck—great for entertaining. The primary suite offers an updated ensuite bath & private deck access. Highlights include Andersen windows and patio doors, a $14K Andersen front door, Speed Queen washer/dryer, tankless water heater, A/C, & 3 skylights. Fully fenced backyard with new walkways, mature landscaping, & plenty of space to relax or garden. Two-car garage provide ample parking. Conveniently located near trails, parks, the Sound & amenties
Listed by Rache C. Boston • John L. Scott, Inc
Listing updated: August 28, 2025 at 04:04am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2401465
Open houses
No upcoming open houses scheduled for this property.
Nearby open houses (2)
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Open Sat, Jul 11
Open Sat, Jul 11$541,000
-$39,000 under list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $440K and $625K.
Rental earnings
$1,625/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$580,000Last sold price
31451 48th Place Sw, Federal Way, WA 98023
$625,000Last sold price
31405 51st Avenue Sw, 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.
$675,000 Sold
7 weeks ago
4 bd•2.5 ba•~1,750 sq ft•Single Family
4136 Sw 321st St, Federal Way, WA 98023
1%
Under list
—
Days on market
0.5 mi
Distance
$650,000 Sold
8 weeks ago
4 bd•1.5 ba•~1,810 sq ft•Single Family
32719 40th Avenue Sw, Federal Way, WA 98023
4%
Over list
—
Days on market
0.9 mi
Distance
$695,000 Sold
2 months ago
4 bd•2 ba•~2,770 sq ft•Single Family
4104 Sw 327th Place, Federal Way, WA 98023
1%
Under list
—
Days on market
0.9 mi
Distance
$660,000 Sold
3 months ago
4 bd•1.5 ba•~1,824 sq ft•Single Family
31421 41st Avenue Sw, Federal Way, WA 98023
2%
Over list
—
Days on market
0.5 mi
Distance
$1,450,000 Sold
3 months ago
4 bd•1.5 ba•~3,510 sq ft•Single Family
5330 Sw 315th Street, Federal Way, WA 98023
3%
Under list
—
Days on market
0.3 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.
