$550,000
Est. $2,936/mo3 bd•2.25 ba•1,970 sq ft
31616 3rd Place S, Federal Way, WA 98003
• Listed Sep 28, 2026•1 day active · 1 cumulative
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Listing Broker: Washington Realty Group; Jim Clifford; 253-826-7500; jimclifford@wrgpra.com
About this home
Welcome home to this charming Federal Way retreat! Step inside to discover a warm and inviting living room, complete with a cozy fireplace—perfect for relaxing evenings and gathering with loved ones. The home offers plenty of opportunity to add your personal touch, with painting and freshening up needed to bring out its full potential. Outside, the fully fenced backyard provides a private, secure space for entertaining, gardening, pets, or enjoying peaceful afternoons in the fresh air. With comfortable indoor living and wonderful outdoor potential, this home is ready for your vision.
Listed by Jim Clifford • Washington Realty Group
Listing updated: September 29, 2026 at 05:01am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2560937
Open houses
No upcoming open houses scheduled for this property.
Around this home
How much should you offer?
31616 3rd Place S, Federal Way, WA 98003
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
- Dining Room
- Fireplace
- Fireplace (wood burning)
- None basement
Kitchen
- Dishwasher
- Refrigerator
- Stove(s)/Range(s)
Bedrooms
- 3 bedrooms total
Bathrooms
- 2 full bathrooms
- 1 half bathroom
Flooring
- Laminate
- Vinyl
- Carpet
Heating & cooling
- Forced Air heating
- Forced Air cooling
Neighborhood mobility
Walk, bike & transit scores
Source: Walk Score®, Bike Score® and Transit Score® are provided by Walk Score (walkscore.com), a third-party service. This is not Northwest MLS listing data.
Schools
Ratings via SchoolDiggerFederal Way School District
- Buyer To VerifyPublic · Grades Elementary—
- Buyer To VerifyPublic · Grades Middle—
- Buyer To VerifyPublic · Grades High—
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.
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.
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
$3,549 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedSource: 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%.
Ask about this home
A licensed RexMont broker will get back to you, usually in under 5 minutes during business hours.
Market pulse
Federal Way is a balanced market.
Supply and demand are roughly in balance. Neither side has a clear edge.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 60 days.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Sep 2026
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of September 29, 2026 at 05:01am (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.
© 2026 Northwest Multiple Listing Service. All rights reserved.
HO
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