$570,000
Est. $2,930/mo3 bd•2 ba•1,300 sq ft
1623 Se 331st Place, Federal Way, WA 98023
• Listed 2026-08-27•New today
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Based on information submitted to the MLS GRID as of August 29, 2026 at 03:12pm (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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Welcome to the Alderbrook Community! Desirable, light-filled rambler featuring an open floor plan, high ceilings, and abundant natural light throughout. A south-facing, fully fenced backyard provides wonderful year-round brightness and a welcoming space for outdoor enjoyment. This well-maintained home features a newer 30-year roof, cedar wood siding, fresh interior and exterior paint, and vinyl flooring throughout. An entrance skylight adds even more natural light. The inviting living and dining areas offer comfortable spaces for everyday living and entertaining, with a cozy gas fireplace in the dining room. The kitchen features tile flooring, a ceiling fan, abundant cabinet space, a raised eating bar, and direct access to the patio and backyard. The spacious primary suite includes a private full bath with double sinks and a walk-in closet. An additional full hallway bath conveniently serves the rest of the home. Outside, enjoy a fully fenced backyard with a garden area and storage shed. A side-yard gate with a paved walkway provides convenient access to the backyard. A large two-car garage offers plenty of room for parking and storage. Ideally located near parks, schools, shopping, dining, and major commuter routes, this bright and comfortable Alderbrook rambler is ready to welcome you home.
Listed by Harry Eng • John L. Scott, Inc
Listing updated: August 29, 2026 at 03:12pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2573997
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Open Sun, Aug 30$559,000
-$11,000 under list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $430K and $620K.
Rental earnings
$1,675/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$430,000Last sold price
2316 Sw 328th Street, Federal Way, WA 98023
$620,000Last sold price
1723 Sw 324th Street, 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.
1623 Se 331st Place, Federal Way, WA 98023
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.
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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.
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 8 days.
$1,027,610 Sold
5 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
—
Days on market
0.7 mi
Distance
$1,057,705 Sold
6 weeks ago
5 bd•3.5 ba•~3,308 sq ft•Single Family
34200 19th (lot 30) Avenue Sw, Federal Way, WA 98023
1%
Over list
—
Days on market
0.6 mi
Distance
$599,990 Sold
8 weeks ago
4 bd•2.25 ba•~2,170 sq ft•Single Family
33136 35th Avenue Sw, Federal Way, WA 98023
0%
Over list
—
Days on market
0.9 mi
Distance
$4,900 Sold
3 months ago
6 bd•3.25 ba•Single Family
558 Sw 333rd Court, Federal Way, WA 98023
0%
Over list
—
Days on market
0.6 mi
Distance
$485,000 Sold
4 months ago
3 bd•1 ba•~1,208 sq ft•Single Family
33004 29th Avenue Sw, Federal Way, WA 98023
2%
Under list
—
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?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Aug 2026
