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← Back to search results/Federal Way, WA/4123 SW 328th Street
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Listed by Morris Ji • Skyline Properties, Inc..Some photos are virtually staged
FOR SALE

$650,000

Est. $3,600/mo

Price reduced $39,000 from the original $689,000 asking price

4 bd•2.25 ba•2,020 sq ft

4123 SW 328th Street, Federal Way, WA 98023

• Listed Jun 16, 2026•136 days active · 136 cumulative

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★★★★★5.0·1,242 Google reviews

Listing Broker: Skyline Properties, Inc.; Morris Ji; 425-919-5202; jyichao@hotmail.com

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Listing Broker: Skyline Properties, Inc.; Morris Ji; 425-919-5202; jyichao@hotmail.com

About this home

Beautifully remodeled 4 bedroom Twin Lakes home set on a private lot in a quiet cul-de-sac. Roof was replaced in 2024. The renovated kitchen features quartz countertop, white shaker cabinets and stainless steel appliances, and contemporary finished ideal for both everyday living and entertaining. New luxury vinyl plank flooring throughout. Fresh paint interior and exterior. Two updated bathrooms upstairs. Three bedrooms located on the 2nd floor. Primary bedroom w/ensuite & shower. Vaulted ceiling in living room creates a bright, open feel. A wood-burning fireplace adds warmth and charm, keeping you toasty and cozy. Every detail evokes the feel of a brand-new luxury home, blending sophistication & comfort throughout. The bedroom in lower level could be an alternative to an office. Fresh installed sod and beauty barks. Oversized 2-car attached garage.

Property type
Single Family
Year built
1978
Interior
2,020 sq ft
Lot size
0.1894 acres
Parking
2-car garage
Price / sq ft
$322
HeatingForced Air, Heat Pump
CoolingCentral Air
Property taxes$5,621/yr (est.)
HOA dues$42/mo
School districtFederal Way

Listed by Morris Ji • Skyline Properties, Inc.

Listing updated: October 4, 2026 at 04:42pm

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2541137

Around this home

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4123 SW 328th Street, Federal Way, WA 98023

List price
$650,000
Down payment
$130,000

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Source:RexMont analysis of Northwest MLS sales data for this ZIP code plus third-party market data (RentCast). The estimates are RexMont's, not Northwest MLS listing data.

Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.

Property details

Interior features

  • Bath Off Primary
  • Dbl Pane/Storm Window
  • Dining Room
  • Fireplace
  • French Doors
  • Vaulted Ceiling(s)
  • Water Heater
  • Fireplace (wood burning)
  • Daylight, Finished basement

Kitchen

  • Dishwasher
  • Disposal
  • Dryer
  • Microwave
  • Refrigerator
  • Stove(s)/Range(s)
  • Washer

Bedrooms

  • 4 bedrooms total
  • 3 upstairs
  • 1 on the lower level

Bathrooms

  • 1 full bathroom
  • 1 three-quarter bathroom (shower, no tub)
  • 1 half bathroom
  • 2.25 bathrooms total (NWMLS count)

Layout

  • 2 Stories w/Bsmnt
  • 2,020 sq ft finished
  • 540 sq ft garage

Flooring

  • Vinyl Plank

Heating & cooling

  • Forced Air heating
  • Heat Pump heating
  • Central Air cooling

Schools

Ratings via SchoolDigger

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.

Single-family home facts

As entered by the listing broker on Northwest MLS

Lot & site

Topography
Partial Slope
Zoning code
RS7.2
Zoning jurisdiction
City
Bus route
oyt road & SW 326th

Systems

Energy source
Electric
Power production
Electric
Water heater
electric
Water heater location
Utility Room
Power company
Puget Sound Energy
Water company
Tacoma Public Utilities
Sewer company
Lakehaven Water & Sewer
Gas company
none
Garbage service
Waste Management
Irrigation water rights
No

Rooms & extras

Bathtubs
1
Showers
1
Fireplaces on main
1
Excluded items
No

New construction

Square footage source
Public Records
Lot size source
Public Records
Effective year built source
Public Records

Manufactured home

Land lease
No

Neighborhood mobility

Doorstep, Pedal & Station Scores

Three RexMont scores for this exact address: what is on foot, what is by bike, and what rides past the door.

Ground Truth™

The ground, the slope, the flood zone and the noise at this address

Read from public hazard, flood, terrain and noise maps for this exact home.

Address Insider™

The members' report

Commute, transit, zoning and ADU potential, internet providers and the lifestyle around the home: the nearest grocery, coffee, park, services and transit stop. One free registration opens every home on rexmont.com.

Members

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Sales & Tax Records for 4123 SW 328th Street

NWMLS via MLS Grid · King County Assessor

Every listing, pending, price change and closing filed on this home with the NWMLS, the county’s recorded sales, and its assessed values by tax year.

  1. Oct 4, 2026
    Price reduced
    NWMLS via MLS Grid · #2541137
    $650,000
    $322/sq ft
  2. Jun 16, 2026
    Listed
    NWMLS via MLS Grid · #2541137
    $689,000
    $341/sq ft
  3. Feb 24, 2005
    Sold
    NWMLS via MLS Grid · #25006304
    $224,500
    $111/sq ft
  4. Jan 28, 2005
    Pending
    NWMLS via MLS Grid · #25006304
    $214,950
    $106/sq ft
  5. Jan 13, 2005
    Listed
    NWMLS via MLS Grid · #25006304
    $214,950
    $106/sq ft

Down payment assistance

6 programs may be available to provide you with up to $55,000 in down payment assistance, depending on your specific information.

Northwest MLS lists this home as eligible for down payment assistance programs

Source: program list compiled by RexMont from ARCH (A Regional Coalition for Housing) member-jurisdiction information. This is not Northwest MLS listing data.

Mortgage payment forecast

$4,273 per month

Great rate
Principal and interest
Property taxes
HOA dues
Home insurance

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Source: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.

Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.

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Listing Broker: Skyline Properties, Inc.; Morris Ji; 425-919-5202; jyichao@hotmail.com

Market pulse

Federal Way is a balanced market.

Supply and demand are roughly in balance. Neither side has a clear edge.

Buyer's marketSeller's market
  • Offer insight: Homes typically sell with one offer near asking price.

  • List to sale price: The average home sells very close to list price.

  • Time on market: The average home goes pending in around 61 days.

Recent sales nearby

Within 1 mile · last 6 months
  • $650,000 Sold

    3 days ago

    4 bd•2.75 ba•~2,050 sq ft•Single Family

    33205 30th Avenue SW, Federal Way, WA 98023

    0%

    Over list

    62

    Days on market

    0.7 mi

    Distance

  • $585,000 Sold

    4 days ago

    3 bd•2.25 ba•~1,560 sq ft•Single Family

    31550 39th Avenue SW, Federal Way, WA 98023

    0%

    Over list

    70

    Days on market

    0.7 mi

    Distance

  • $530,000 Sold

    4 days ago

    3 bd•1 ba•~1,290 sq ft•Single Family

    33614 35th Avenue SW, Federal Way, WA 98023

    2%

    Under list

    48

    Days on market

    0.7 mi

    Distance

  • $593,000 Sold

    5 days ago

    3 bd•1.75 ba•~1,410 sq ft•Single Family

    3339 SW 323rd Street, Federal Way, WA 98023

    5%

    Under list

    62

    Days on market

    0.6 mi

    Distance

  • $550,000 Sold

    1 week ago

    4 bd•1.75 ba•~1,750 sq ft•Single Family

    33411 29th Place SW, Federal Way, WA 98023

    4%

    Over list

    36

    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.

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Market data from MLS GRID / NWMLS · Updated Oct 2026

Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID.

MLS GRID Disclaimer

Based on information submitted to the MLS GRID as of October 18, 2026 at 2:16 PM PT (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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© 2026 Northwest Multiple Listing Service. All rights reserved.

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