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← Back to search results/Federal Way, WA/31624 3rd Place S
1 / 40SOLD SEP 4, 2026
Listed by Stuart Steadman • Keller Williams Realty PS. Buyer represented by Windermere Real Estate/HLC.
SOLD SEP 4, 2026

$525,000

Listed at $499,950

3 bd•2.25 ba•1,800 sq ft

31624 3rd Place S, Federal Way, WA 98003

• Listed Aug 7, 2026

RexMont Market Signal for 31624 3rd Place S

Sold price on record

RexMont Market Signal $525,000

Closed sale price · as of September 4, 2026, the day it sold.

Market Signal since the sale

$603,796

Likely $494,215 – $692,170 · solid read · as of October 24, 2026

Estimate, not an appraisal.

Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID; King County Assessor records.

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Listing Broker: Keller Williams Realty PS; Stuart Steadman; 206-409-4220; stuartsteadman@kw.com

Buyer Broker: Windermere Real Estate/HLC

About this home

Priced to sell!!! Welcome to this traditional, classic split level home in an ideal neighborhood. This home features 3 bedrooms, den, 2.25 bathrooms, including a spacious primary bedroom with a 3/4 bathroom complete with quartz countertops. Upgraded chef's delight kitchen has gorgeous cabinetry, soft close drawers, stainless appliances, tile backsplash and quartz countertops. Light-filled great room concept floorplan complete with spacious family room with cozy brick fireplace. Dining room has slider access to a massive trex-like deck with stairway access to yard. Downstairs has the well sized utility room with half bath and an over-sized rec room with slider to the large fenced yard and patio. Extra deep two car garage has a finished room that can be a den, studio, etc. This home can be enjoyed in present condition or add a bit of new carpet, paint and your personal touch and this home will truly shine. Don't miss this one!!!

Property type
Single Family
Year built
1985
Interior
1,800 sq ft
Lot size
0.1894 acres
Parking
2-car garage
Price / sq ft
$292
HeatingForced Air
CoolingNone
Property taxes$5,649/yr (est.)
School districtFederal Way

Listed by Stuart Steadman • Keller Williams Realty PS

Listing updated: October 5, 2026 at 04:01am

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2564576

Around this home

Property details

Interior features

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

Kitchen

  • Dishwasher
  • Refrigerator
  • Stove(s)/Range(s)

Bedrooms

  • 3 bedrooms total
  • 2 on the main level
  • 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)
  • 2 on the main level

Layout

  • Split Entry
  • 1,800 sq ft finished

Flooring

  • Carpet

Heating & cooling

  • Forced Air heating
  • None cooling

Schools

Ratings via SchoolDigger

Schools shown are the nearest public Elementary, Middle, and High school for this property and may not be the assigned schools. Verify attendance boundaries with the district before purchasing.

Single-family home facts

As entered by the listing broker on Northwest MLS

Lot & site

Topography
Level,Partial Slope
Lot number
20
Zoning jurisdiction
City

Systems

Energy source
Natural Gas
Power production
Natural Gas
Water heater
Electric
Water heater location
Lower Level
Irrigation water rights
No

Rooms & extras

Bathtubs
1
Showers
2
Fireplaces on main
1

New construction

Square footage source
Seller
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 31624 3rd Place S

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. Sep 4, 2026
    Sold
    NWMLS via MLS Grid · #2564576
    $525,000
    $292/sq ft
  2. Aug 8, 2026
    Pending
    NWMLS via MLS Grid · #2564576
    $499,950
    $278/sq ft
  3. Aug 7, 2026
    Listed
    NWMLS via MLS Grid · #2564576
    $499,950
    $278/sq ft
  4. May 21, 1991
    Recorded sale
    King County recorder · Warranty deed
    $56,250
    $31/sq ft

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 83 days.

Recent sales nearby

Within 1 mile · last 6 months
  • $1,019,622 Sold

    6 days ago

    5 bd•2.75 ba•~3,019 sq ft•Single Family

    30326 11th Place S, Federal Way, WA 98003

    0%

    Over list

    —

    Days on market

    1.0 mi

    Distance

  • $550,000 Sold

    6 days ago

    3 bd•2 ba•~1,480 sq ft•Single Family

    219 S 316th Place, Federal Way, WA 98003

    2%

    Under list

    38

    Days on market

    0.1 mi

    Distance

  • $564,000 Sold

    2 weeks 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

    3 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

    3 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

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 agent

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 29, 2026 at 12:58 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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