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Listed by Kelly S. Stewart • Emerald Real Estate Group Inc..
FOR SALE

$539,000

Est. $2,986/mo

Price reduced $10,000 from the original $549,000 asking price

3 bd•1 ba•1,250 sq ft

31444 51st Avenue SW, Federal Way, WA 98023

• Listed Sep 4, 2026•45 days active · 45 cumulative

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★★★★★5.0·1,242 Google reviews

Listing Broker: Emerald Real Estate Group Inc.; Kelly S. Stewart; 253-579-4892; kstewart2@yahoo.com

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Listing Broker: Emerald Real Estate Group Inc.; Kelly S. Stewart; 253-579-4892; kstewart2@yahoo.com

About this home

Completely refreshed and move-in ready! This 3 bedroom and 1 bath home features new flooring and fresh exterior and interior paint throughout, along with new kitchen countertops, a stylish bathroom vanity, and updated lighting. Additional practical updates include a new garage door opener and new siding has been replaced where needed. The roof was replaced in 2019, providing added peace of mind. The home sits on a spacious level lot that is tucked away at the end of the street with no through traffic—perfect for those looking for a little extra privacy and tranquility. The backyard has plenty of room for gardening, entertaining, relaxing, or enjoying outdoor activities. Whether you're a first-time home buyer looking for a place to call home or an investor seeking a solid rental investment, this property offers flexibility and potential. Conveniently located near freeways, rail and bus transportation for an easy commute. Dash Point State Park is just a couple of minutes away. Come see all that this charming turnkey home has to offer!

Property type
Single Family
Year built
1971
Interior
1,250 sq ft
Lot size
0.2181 acres
Parking
2-car garage
Price / sq ft
$431
HeatingForced Air
CoolingNone
Property taxes$476/yr (est.)
School districtFederal Way

Listed by Kelly S. Stewart • Emerald Real Estate Group Inc.

Listing updated: October 14, 2026 at 05:43pm

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2578754

Around this home

RexMont OfferEdge™

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31444 51st Avenue SW, Federal Way, WA 98023

List price
$539,000
Down payment
$107,800

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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

  • Ceiling Fan(s)
  • Dining Room
  • Fireplace
  • Water Heater
  • Fireplace (wood burning)

Kitchen

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

Bedrooms

  • 3 bedrooms total
  • 3 on the main level

Bathrooms

  • 1 full bathroom
  • 1 on the main level

Layout

  • 1 Story
  • 1,250 sq ft finished
  • 380 sq ft garage

Flooring

  • Vinyl
  • Carpet

Heating & cooling

  • Forced Air heating
  • None cooling

Schools

Ratings via SchoolDigger

Federal Way School District

  • Buyer To Verify
    Public · Grades Elementary
    —
  • Buyer To Verify
    Public · Grades Middle
    —
  • Buyer To Verify
    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
Level

Systems

Energy source
Electric,Natural Gas
Power production
Electric, Natural Gas
Water heater
Electric
Water heater location
Garage
Power company
PSE
Water company
TPU
Sewer company
N/A
Gas company
PSE
Garbage service
Waste Management
Irrigation water rights
No
Internet connected
XFinity
Cable connected
XFinity

Rooms & extras

Bathtubs
1
Showers
1
Fireplaces on main
1

New construction

Square footage source
KCR
Lot size source
KCR

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 31444 51st Avenue SW

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. Oct 15, 2026
    Price reduced
    NWMLS via MLS Grid · #2578754
    $539,000
    $431/sq ft
  2. Sep 4, 2026
    Listed
    NWMLS via MLS Grid · #2578754
    $549,000
    $439/sq ft
  3. Mar 7, 2006
    Sold
    NWMLS via MLS Grid · #25171243
    $255,000
    $204/sq ft
  4. Feb 22, 2006
    Pending
    NWMLS via MLS Grid · #25171243
    $259,950
    $208/sq ft
  5. Feb 22, 2006
    Price reduced
    NWMLS via MLS Grid · #25171243
    $259,950
    $208/sq ft
  6. Nov 17, 2005
    Listed
    NWMLS via MLS Grid · #25171243
    $268,000
    $214/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

$3,161 per month

Great rate
Principal and interest
Property taxes
HOA dues
Home insurance

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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: Emerald Real Estate Group Inc.; Kelly S. Stewart; 253-579-4892; kstewart2@yahoo.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
  • $585,000 Sold

    5 days ago

    3 bd•2.25 ba•~1,560 sq ft•Single Family

    31550 39th Avenue SW, Federal Way, WA 98023

    0%

    Over list

    70

    Days on market

    0.8 mi

    Distance

  • $825,000 Sold

    3 weeks ago

    4 bd•3 ba•~2,970 sq ft•Single Family

    5201 SW 318th Court, Federal Way, WA 98023

    5%

    Under list

    69

    Days on market

    0.2 mi

    Distance

  • $616,000 Sold

    3 weeks ago

    4 bd•1.75 ba•~1,860 sq ft•Single Family

    4911 SW 324th Place, Federal Way, WA 98023

    1%

    Over list

    41

    Days on market

    0.6 mi

    Distance

  • $930,000 Sold

    7 weeks ago

    4 bd•2.75 ba•~3,000 sq ft•Single Family

    31324 43rd Place SW, Federal Way, WA 98023

    0%

    Over list

    36

    Days on market

    0.5 mi

    Distance

  • $865,000 Sold

    8 weeks ago

    4 bd•2.75 ba•~2,750 sq ft•Single Family

    31333 43rd Place SW, Federal Way, WA 98023

    3%

    Under list

    70

    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 19, 2026 at 3:04 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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