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← Back to search results/Federal Way, WA/34231 31st Avenue SW
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Listed by Kris Huber • Windermere RE West Campus Inc.
FOR SALE

$665,000

Est. $3,683/mo

Price reduced $10,000 from the original $675,000 asking price

5 bd•3.5 ba•2,700 sq ft

34231 31st Avenue SW, Federal Way, WA 98023

• Listed Sep 22, 2026•22 days active · 22 cumulative

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★★★★★5.0·1,242 Google reviews

Listing Broker: Windermere RE West Campus Inc; Kris Huber; 253-777-5976; Seattle_REO@LIVE.com

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Listing Broker: Windermere RE West Campus Inc; Kris Huber; 253-777-5976; Seattle_REO@LIVE.com

About this home

**WAIT—5 BEDROOMS, EXTRA FLEX SPACE & THIS MUCH ROOM IN FEDERAL WAY?! DON’T MISS THIS ONE!** If you’ve been waiting for a home where everyone can have their own space—and you still have room to live, entertain and grow—**this could be the one you’ve been looking for!** Set in sought-after **Grouse Point on a quiet cul-de-sac**, this spacious home delivers incredible value with **5 full bedrooms PLUS an additional room with bedroom potential.** From the moment you step inside, you’ll feel the possibilities. The **brand-new, sun-filled kitchen with ALL NEW stainless-steel appliances** is ready for morning coffee, dinners and gatherings with friends. New carpet and custom-stained hardwoods add warmth and style throughout. Your spacious primary suite offers a true retreat with a luxurious **5-piece ensuite bath**, while the home also features a **full bath upstairs, full bath downstairs AND a convenient ½ bath on the main level.** Downstairs, the **second great room** gives you even more space for movie nights, game days, guests, hobbies, a home office or simply spreading out. Outside, enjoy a **private, sunny west-facing yard** perfect for BBQs, relaxing evenings and making memories. Plus, the **640+ SF garage and storage shed** give you the storage space you’ve been wishing for. Conveniently located minutes from transportation and freeway access. **Space. Flexibility. Updates. Value. A location you’ll love coming home to.

Property type
Single Family
Year built
1996
Interior
2,700 sq ft
Lot size
0.1952 acres
Parking
3-car garage
Price / sq ft
$246
HeatingForced Air
CoolingNone
Property taxes$7,089/yr (est.)
HOA dues$250 / year ($21/mo)
School districtFederal Way

Listed by Kris Huber • Windermere RE West Campus Inc

Listing updated: October 7, 2026 at 04:42pm

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2584554

Around this home

RexMont OfferEdge™

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34231 31st Avenue SW, Federal Way, WA 98023

List price
$665,000
Down payment
$133,000

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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

  • Fireplace
  • Fireplace (gas)
  • Finished basement

Bedrooms

  • 5 bedrooms total
  • 4 upstairs
  • 1 on the lower level

Bathrooms

  • 3 full bathrooms
  • 1 half bathroom
  • 3.5 bathrooms total (NWMLS count)
  • 1 on the main level

Layout

  • 2 Stories w/Bsmnt
  • 2,700 sq ft finished

Flooring

  • Laminate
  • Vinyl
  • 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

Zoning jurisdiction
City
Faces
East

Systems

Energy source
Natural Gas
Power production
Natural Gas
Irrigation water rights
No

Rooms & extras

Bathtubs
3
Showers
3
Fireplaces on main
1
Excluded items
No

New construction

Square footage source
Tax assessor
Lot size source
Tax assessor
Effective year built source
See Remarks

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.

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Sales & Tax Records for 34231 31st 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 7, 2026
    Price reduced
    NWMLS via MLS Grid · #2584554
    $665,000
    $246/sq ft
  2. Sep 22, 2026
    Listed
    NWMLS via MLS Grid · #2584554
    $675,000
    $250/sq ft
  3. Nov 16, 2022
    Sold
    NWMLS via MLS Grid · #1999431
    $625,600
    $232/sq ft
  4. Oct 15, 2022
    Pending
    NWMLS via MLS Grid · #1999431
    $659,000
    $244/sq ft
  5. Oct 15, 2022
    Price reduced
    NWMLS via MLS Grid · #1999431
    $659,000
    $244/sq ft
  6. Sep 24, 2022
    Listed
    NWMLS via MLS Grid · #1999431
    $749,995
    $278/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

$4,461 per month

Great rate
Principal and interest
Property taxes
HOA dues
Home insurance

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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: Windermere RE West Campus Inc; Kris Huber; 253-777-5976; Seattle_REO@LIVE.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 62 days.

Recent sales nearby

Within 1 mile · last 6 months

  • $530,000 Sold

    0 days ago

    3 bd•1 ba•~1,290 sq ft•Single Family

    33614 35th Avenue SW, Federal Way, WA 98023

    2%

    Under list

    48

    Days on market

    0.5 mi

    Distance

  • $550,000 Sold

    5 days ago

    4 bd•1.75 ba•~1,750 sq ft•Single Family

    33411 29th Place SW, Federal Way, WA 98023

    4%

    Over list

    36

    Days on market

    0.5 mi

    Distance

  • $550,000 Sold

    2 weeks ago

    3 bd•2 ba•~1,410 sq ft•Single Family

    2662 SW 332nd Street, Federal Way, WA 98023

    0%

    Over list

    —

    Days on market

    0.8 mi

    Distance

  • $510,000 Sold

    2 weeks ago

    3 bd•1.75 ba•~1,680 sq ft•Single Family

    34413 28th Place SW, Federal Way, WA 98023

    4%

    Under list

    64

    Days on market

    0.1 mi

    Distance

  • $1,149,340 Sold

    2 weeks ago

    5 bd•3.5 ba•~3,308 sq ft•Single Family

    1952 SW 343rd (Lot 5) Place, Federal Way, WA 98023

    0%

    Over list

    126

    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.

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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 14, 2026 at 7:17 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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