$530,000
Listed at $539,9004 bd•1 ba•1,480 sq ft
2401 Sw 318th Street, Federal Way, WA 98023
• Listed 2025-08-19
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of December 15, 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.
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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Avg response under 5 mins
Take a look at this single level four bedroom corner lot home located in the Decatur Glen community with a full continental bathroom off the primary and 3/4 bathroom between the kitchen and garage entry. Kitchen has nicer cabinets with granite countertops. All appliances stay including washer/dryer. A standalone bedroom or a hobby room/den (portion of garage converted provides a lot of privacy. Garage will easily park two cars and there's another driveway for more parking, can accommodate an RV. The yard is low maintenance waiting for your touches. The home was a rental and needs a splash of cosmetic clean up with flooring, paint, and a few blemishes. Conveniences of shopping, schools, transportation, and freeways are just minutes away.
Listed by Robert C. Hogan • Hogan Homes Realty LLC
Listing updated: December 15, 2025 at 04:04am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2423019
$500,000
-$30,000 under list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $525K and $640K.
Rental earnings
$1,500/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.

$635,000Last sold price
31412 31st Avenue Sw, Federal Way, WA 98023

$575,000Last sold price
32351 20th Place 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: Days-on-market data not available for this area.
$765,000 Sold
7 weeks ago
4 bd•2.5 ba•~3,680 sq ft•Single Family
4059 Sw 321st Street, Federal Way, WA 98023
1%
Under list
—
Days on market
1.0 mi
Distance
$485,000 Sold
3 months ago
3 bd•1 ba•~1,208 sq ft•Single Family
33004 29th Avenue Sw, Federal Way, WA 98023
2%
Under list
—
Days on market
0.8 mi
Distance
$650,000 Sold
3 months ago
3 bd•2.5 ba•~2,020 sq ft•Single Family
32026 11th Avenue Sw, Federal Way, WA 98023
0%
Over list
—
Days on market
0.8 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
1.0 mi
Distance
$735,000 Sold
3 months ago
5 bd•1 ba•~3,330 sq ft•Single Family
31402 28th Place Sw, Federal Way, WA 98023
1%
Over 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.