$920,000
Est. $5,096/mo4 bd•3.25 ba•2,815 sq ft
221 SW 331st Place, Federal Way, WA 98023
• Listed Jul 30, 2026•63 days active · 63 cumulative
Listing Broker: Real Broker LLC; Debra Reynolds; 425-681-3620; debrareynoldsrealtor@gmail.com
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Listing Broker: Real Broker LLC; Debra Reynolds; 425-681-3620; debrareynoldsrealtor@gmail.com
About this home
Welcome home to this stunning 4 bedroom, 3.25 bath home in the sought after Ride Neighborhood. Tucked away in a quiet cul-de-sac, backing to a lush greenbelt for privacy. Step inside to a bright, open floor plan where natural light pours through spacious living areas. The gourmet kitchen is at the heart of the home, ready for memorable gatherings with family and friends. Unwind in the beautifully updated primary bath, your personal spa escape. Fresh carpet has been recently installed, and the interior has been newly painted, making this home move-in-ready. Outside, a serene backyard with a gazebo invites morning coffee and evening sunsets. Complete with a 3 car garage and access to a community park, trails and sports court, this is the dream home you have been searching for. Don't miss the opportunity to make it yours!
Listed by Debra Reynolds • Real Broker LLC
Listing updated: September 22, 2026 at 06:36pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2562123
Around this home
How much should you offer?
221 SW 331st Place, Federal Way, WA 98023
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
- French Doors
- Security System
- Skylight(s)
- Sprinkler System
- Walk-In Closet(s)
- Water Heater
- 2 fireplaces (gas, wood burning)
Kitchen
- Dishwasher
- Disposal
- Double Oven
- Dryer
- Microwave
- Refrigerator
- Stove(s)/Range(s)
- Washer
Bedrooms
- 4 bedrooms total
- 4 upstairs
Bathrooms
- 2 full bathrooms
- 1 three-quarter bathroom (shower, no tub)
- 1 half bathroom
- 3.25 bathrooms total (NWMLS count)
- 1 on the main level
Layout
- 2 Story
- 2,815 sq ft finished
- 870 sq ft garage
Flooring
- Hardwood
- Carpet
Heating & cooling
- Heat Pump heating
- Central Air cooling
Schools
Ratings via SchoolDiggerFederal Way School District
- Panther Lake ElemPublic · Grades Elementary—
- Illahee Jnr HighPublic · Grades Middle—
- Todd Beamer HighPublic · 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
- Topography
- Partial Slope
- Vegetation
- Brush
Systems
- Energy source
- Natural Gas
- Power production
- Natural Gas
- Water heater
- Gas
- Water heater location
- Garage
- Power company
- PSE
- Water company
- Lakehaven
- Sewer company
- Lakehaven
- Gas company
- PSE
- Garbage service
- WM Federal Way
- Irrigation water rights
- No
Rooms & extras
- Bathtubs
- 2
- Showers
- 3
- Fireplaces on main
- 2
New construction
- Square footage source
- Realist
- Lot size source
- Realist
- 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.
Opens with the report above.
Sales & Tax Records for 221 SW 331st Place
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.
- Jul 30, 2026ListedNWMLS via MLS Grid · #2562123$920,000$327/sq ft
- Nov 13, 2017SoldNWMLS via MLS Grid · #1204431$519,000$184/sq ft
- Oct 9, 2017PendingNWMLS via MLS Grid · #1204431$519,000$184/sq ft
- Oct 6, 2017ListedNWMLS via MLS Grid · #1204431$519,000$184/sq ft
- Jun 30, 2003SoldNWMLS via MLS Grid · #23062526$413,500$147/sq ft
- May 19, 2003PendingNWMLS via MLS Grid · #23062526$413,500$147/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
$6,085 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: Real Broker LLC; Debra Reynolds; 425-681-3620; debrareynoldsrealtor@gmail.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 61 days.
Recent sales nearby
Within 1 mile · last 6 months$598,000 Sold
3 weeks ago
4 bd•3.25 ba•~1,913 sq ft•Single Family
836 SW 345th Street, Federal Way, WA 98023
4%
Under list
70
Days on market
0.9 mi
Distance
$799,000 Sold
3 weeks ago
4 bd•2.5 ba•~3,087 sq ft•Single Family
1112 SW 338th Street, Federal Way, WA 98023
0%
Over list
—
Days on market
0.8 mi
Distance
$600,000 Sold
7 weeks ago
3 bd•2 ba•~1,540 sq ft•Single Family
1825 SW 331st Street, Federal Way, WA 98023
0%
Over list
32
Days on market
1.0 mi
Distance
$570,000 Sold
7 weeks ago
3 bd•1.75 ba•~1,790 sq ft•Single Family
34504 8th Avenue SW, Federal Way, WA 98023
5%
Under list
89
Days on market
0.9 mi
Distance
$950,000 Sold
8 weeks ago
4 bd•3.25 ba•~3,910 sq ft•Single Family
34612 4th Place SW, Federal Way, WA 98023
14%
Under list
73
Days on market
0.9 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.
Some IDX listings have been excluded from this website.
© 2026 Northwest Multiple Listing Service. All rights reserved.
HO
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