$665,000
Est. $3,522/moPrice reduced $20,030 from the original $685,030 asking price
4 bd•2.5 ba•1,810 sq ft
35403 12th Avenue Sw, Federal Way, WA 98023
• Listed Aug 5, 2026•48 days active · 48 cumulative
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Listing Broker: Kelly Right RE of Seattle LLC; Darlene Nguyen-Chapman; 206-288-9119; ndarlene3@gmail.com
Welcome to this stunning home in the Madrona Meadows community& Central Federal Way! Filled with natural light pouring through charming storybook windows, this home offers 4BR and 2.5BA and an inviting open-concept layout with both a formal dining room & a cozy breakfast nook. The kitchen boasts stainless steel appliances, while the family room features a warm, welcoming fireplace. New roof and sunlight 2026. Bathrooms have been beautifully updated with elegant countertops, complemented by fresh interior paint throughout. Outside, enjoy a spacious deck from your own fully fenced backyard, new insulation in the crawlspace, new outlets & GFCI, new wood floor in the entire house, perfect for entertaining, relaxing, and gathering with loved ones. Conveniently located near shops, dining, and everyday amenities, this home combines beauty and comfort in a lifestyle. Welcome home!
Listed by Darlene Nguyen-Chapman • Kelly Right RE of Seattle LLC
Listing updated: September 18, 2026 at 10:57am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2562968
35403 12th Avenue Sw, 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.
Neighborhood mobility
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.
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.
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.
$4,185 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%.
A licensed RexMont broker will get back to you, usually in under 5 minutes during business hours.
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: The average home goes pending in around 5 days.
$1,098,610 Sold
1 week ago
5 bd•3.5 ba•~3,308 sq ft•Single Family
1892 Sw 343rd (lot 31) Place, Federal Way, WA 98023
4%
Over list
199
Days on market
0.7 mi
Distance
$1,030,000 Sold
4 weeks ago
3 bd•2.5 ba•~3,226 sq ft•Single Family
36607 9th Avenue Sw, Federal Way, WA 98023
3%
Over list
287
Days on market
0.8 mi
Distance
$649,950 Sold
5 weeks ago
4 bd•2.5 ba•~2,610 sq ft•Single Family
831 Sw 364th Place, Federal Way, WA 98023
0%
Over list
189
Days on market
0.6 mi
Distance
$1,027,610 Sold
8 weeks ago
5 bd•3 ba•~2,962 sq ft•Single Family
34204 Sw 19th (lot 35) Avenue Sw, Federal Way, WA 98023
1%
Under list
184
Days on market
0.8 mi
Distance
$1,265,000 Sold
3 months ago
4 bd•2.75 ba•~3,292 sq ft•Single Family
36520 Sw 3rd Place Street #1, Federal Way, WA 98023
3%
Under list
244
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 Sep 2026
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of September 18, 2026 at 10:57am (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.
Equal Housing Opportunity. RexMont Real Estate is pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap, familial status, or national origin.
Open houses
2 dates$652,000
-$13,000 under list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $515K and $650K.
Rental earnings
$1,950/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.

$630,000Last sold price
1124 Sw 354th Street, Federal Way, WA 98023

$610,000Last sold price
1807 Sw 352nd Place, 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.
Source: comparable sales from Northwest MLS via MLS GRID; the estimate itself is computed by RexMont.
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