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Listed by Matthew Akinlosotu • Kelly Right RE of Seattle LLC.
FOR SALE

$540,000

Est. $2,991/mo

Price reduced $20,000 from the original $560,000 asking price

4 bd•2.5 ba•1,570 sq ft

29754 4th Avenue S, Federal Way, WA 98023

• Listed Aug 10, 2026•45 days active · 45 cumulative

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★★★★★5.0·1,242 Google reviews

Listing Broker: Kelly Right RE of Seattle LLC; Matthew Akinlosotu; 206-359-1385; makinlosotu@kellyright.com

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Listing Broker: Kelly Right RE of Seattle LLC; Matthew Akinlosotu; 206-359-1385; makinlosotu@kellyright.com

About this home

This charming 4-bed, 2.5-bath Federal Way home sits on a huge, tree-lined lot with room to really stretch out. Inside, you'll love the light-filled living spaces, primary bedroom with private bath and the extra room downstairs—perfect for a home office, gym, or hangout spot. Enjoy the massive backyard, and take advantage of being just minutes from local schools, shops, and I-5. Come take a look and see how easy living here could be! Priced to sell.

Property type
Single Family
Year built
1974
Interior
1,570 sq ft
Lot size
0.3053 acres
Parking
2-car garage
Price / sq ft
$344
HeatingForced Air
CoolingNone
Property taxes$5,522/yr (est.)
School districtFederal Way

Listed by Matthew Akinlosotu • Kelly Right RE of Seattle LLC

Listing updated: September 22, 2026 at 06:39pm

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2564828

Around this home

RexMont OfferEdge™

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29754 4th Avenue S, Federal Way, WA 98023

List price
$540,000
Down payment
$108,000

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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
  • Water Heater

Kitchen

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

Bedrooms

  • 4 bedrooms total
  • 1 on the lower level

Bathrooms

  • 2 full bathrooms
  • 1 half bathroom
  • 2.5 bathrooms total (NWMLS count)
  • 2 on the main level

Layout

  • Split Entry
  • 1,570 sq ft finished
  • 520 sq ft garage

Flooring

  • Laminate
  • Carpet

Heating & cooling

  • Forced Air heating
  • None cooling

Schools

Ratings via SchoolDigger

Federal Way School District

  • Nautilus K-8 School
    Public · Grades K-8 · State rank 379 of 1,138
    6/10
  • Sacajawea Jnr High
    Public · Grades Middle
    —
  • Federal Way Snr High
    Public · 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
Zoning jurisdiction
City
Faces
South

Systems

Energy source
Electric,Natural Gas
Power production
Electric, Natural Gas
Water heater
Gas
Power company
Puget Sound Energy
Water company
Lakehaven
Sewer company
Lakehaven
Gas company
Puget Sound Energy
Irrigation water rights
No

Rooms & extras

Showers
2

New construction

Construction methods
Standard Frame
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.

Members

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Sales & Tax Records for 29754 4th Avenue 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 23, 2026
    Price reduced
    NWMLS via MLS Grid · #2564828
    $540,000
    $344/sq ft
  2. Aug 10, 2026
    Listed
    NWMLS via MLS Grid · #2564828
    $560,000
    $357/sq ft
  3. Sep 25, 2005
    Recorded sale
    King County recorder · Statutory warranty deed
    $255,000
    $162/sq ft
  4. May 22, 2001
    Recorded sale
    King County recorder · Statutory warranty deed
    $178,950
    $114/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

Check eligibility

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

$3,586 per month

Great rate
Principal and interest
Property taxes
HOA dues
Home insurance

Takes about 5 minutes & won't affect your credit

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Plan your offer with a RexMont buyer specialistWalk through escalation strategy, contingencies, and competing-offer risk in this neighborhoodCompare loan options30-yr fixed, 15-yr, FHA, VA, jumbo

Source: 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%.

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Listing Broker: Kelly Right RE of Seattle LLC; Matthew Akinlosotu; 206-359-1385; makinlosotu@kellyright.com

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 61 days.

Recent sales nearby

Within 1 mile · last 6 months

  • $550,000 Sold

    3 weeks ago

    2 bd•1.75 ba•~1,310 sq ft•Single Family

    31024 6th Lane SW, Federal Way, WA 98023

    4%

    Under list

    98

    Days on market

    1.0 mi

    Distance

  • $520,000 Sold

    3 weeks ago

    3 bd•1 ba•~1,310 sq ft•Single Family

    413 SW 305th Street, Federal Way, WA 98023

    0%

    Over list

    63

    Days on market

    0.7 mi

    Distance

  • $1,250,000 Sold

    3 weeks ago

    4 bd•3 ba•~2,570 sq ft•Single Family

    921 SW 296th Street, Federal Way, WA 98023

    0%

    Over list

    54

    Days on market

    0.9 mi

    Distance

  • $640,000 Sold

    4 weeks ago

    4 bd•2.75 ba•~1,720 sq ft•Single Family

    29853 8th Avenue SW, Federal Way, WA 98023

    4%

    Under list

    55

    Days on market

    0.8 mi

    Distance

  • $490,000 Sold

    7 weeks ago

    3 bd•1.5 ba•~1,560 sq ft•Single Family

    606 SW 302nd Street, Federal Way, WA 98023

    2%

    Under list

    55

    Days on market

    0.7 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?

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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 18, 2026 at 2:16 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.

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