$550,000
Est. $3,046/mo3 bd•2.25 ba•1,970 sq ft
31616 3rd Place S, Federal Way, WA 98003
• Listed Sep 28, 2026•22 days active · 22 cumulative
Listing Broker: Washington Realty Group; Jim Clifford; 253-826-7500; jimclifford@wrgpra.com
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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: October 14, 2026 at 11:38am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2560937
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)
Kitchen
- Dishwasher
- Refrigerator
- Stove(s)/Range(s)
Bedrooms
- 3 bedrooms total
- 3 upstairs
Bathrooms
- 1 full bathroom
- 1 three-quarter bathroom (shower, no tub)
- 1 half bathroom
- 2.25 bathrooms total (NWMLS count)
- 3 on the main level
Layout
- 2 Story
- 1,970 sq ft finished
- 240 sq ft garage
Flooring
- Laminate
- Vinyl
- Carpet
Heating & cooling
- Forced Air heating
- Forced Air cooling
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.
Single-family home facts
As entered by the listing broker on Northwest MLS
Lot & site
- Vegetation
- Garden Space
Systems
- Energy source
- Natural Gas,Wood
- Power production
- Natural Gas, Wood
- Water heater location
- Garage
- Power company
- PSE
- Water company
- LakeHaven
- Sewer company
- LakeHaven
- Irrigation water rights
- No
Rooms & extras
- Bathtubs
- 1
- Showers
- 2
- Fireplaces on main
- 1
New construction
- Square footage source
- Public Records
- Lot size 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.
Opens with the report above.
Sales & Tax Records for 31616 3rd Place S
NWMLS via MLS Grid · King County AssessorEvery 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.
- Sep 28, 2026ListedNWMLS via MLS Grid · #2560937$550,000$279/sq ft
- Jul 29, 1985Recorded saleKing County recorder · Warranty deed$86,650$44/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
$3,659 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.
Listing Broker: Washington Realty Group; Jim Clifford; 253-826-7500; jimclifford@wrgpra.com
Market pulse
Federal Way is a balanced market.
Supply and demand are roughly in balance. Neither side has a clear edge.
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 74 days.
Recent sales nearby
Within 1 mile · last 6 months$564,000 Sold
4 days ago
3 bd•2 ba•~1,440 sq ft•Single Family
31327 12th Place S, Federal Way, WA 98003
1%
Over list
79
Days on market
0.6 mi
Distance
$635,000 Sold
2 weeks ago
3 bd•2 ba•~1,840 sq ft•Single Family
529 S 302nd Street, Federal Way, WA 98003
1%
Over list
43
Days on market
0.9 mi
Distance
$528,000 Sold
2 weeks ago
3 bd•2 ba•~1,540 sq ft•Single Family
31244 9th Avenue S, Federal Way, WA 98003
2%
Over list
91
Days on market
0.4 mi
Distance
$466,000 Sold
3 weeks ago
3 bd•2.5 ba•~1,430 sq ft•Single Family
31074 9th Avenue S, Federal Way, WA 98003
3%
Under list
113
Days on market
0.5 mi
Distance
$1,025,000 Sold
3 weeks ago
3 bd•2.5 ba•~2,670 sq ft•Single Family
30015 1st Place S, Federal Way, WA 98003
7%
Under list
117
Days on market
1.0 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 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 20, 2026 at 5:29 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.
HO
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