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← Back to search results/Federal Way, WA/2841 SW 342nd Street
1 / 401 HOUR ON MARKET
Listed by Bryce Ancheta • BHGRE - Northwest Home Team.
FOR SALE

$639,950

Est. $3,545/mo

4 bd•2.5 ba•1,970 sq ft

2841 SW 342nd Street, Federal Way, WA 98023

• Listed Oct 14, 2026•New today

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★★★★★5.0·1,242 Google reviews

Listing Broker: BHGRE - Northwest Home Team; Bryce Ancheta; 253-797-1718; ba@betterhomeswithbryce.com

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Listing Broker: BHGRE - Northwest Home Team; Bryce Ancheta; 253-797-1718; ba@betterhomeswithbryce.com

About this home

Enjoy quiet and privacy on a cul-de-sac in this inviting 4-bedroom home with 1,970 sq ft of finished living space. Vaulted ceilings, an exposed beam and expansive windows give the living room an airy feel, while a brick fireplace adds warmth and character. Fresh carpet and paint throughout complement a refreshed kitchen with abundant cabinetry, generous counter space, gas cooking and a large window overlooking the backyard. The adjoining dining area opens to an elevated deck for outdoor meals and relaxed evenings surrounded by mature greenery. Three bedrooms upstairs include a primary suite with an updated bath and tiled shower. Downstairs, a fourth bedroom, three-quarter bath and spacious rec room with a second brick fireplace offer flexibility for guests, movie nights, hobbies or a home gym. Sliding doors open to the backyard patio that is built and wired for a hot tub, and extending your living space outdoors. A fully fenced backyard, established landscaping including cherry and apple trees, attached two-car garage and neighborhood park just a short walk away complete the package.

Property type
Single Family
Year built
1981
Interior
1,970 sq ft
Lot size
0.1687 acres
Parking
2-car garage
Price / sq ft
$325
HeatingFireplace Insert, Forced Air
CoolingNone
Property taxes$5,798/yr (est.)
School districtFederal Way

Listed by Bryce Ancheta • BHGRE - Northwest Home Team

Listing updated: October 14, 2026 at 06:12pm

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2594533

Around this home

RexMont OfferEdge™

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2841 SW 342nd Street, Federal Way, WA 98023

List price
$639,950
Down payment
$127,990

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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)
  • Fireplace
  • Skylight(s)
  • Vaulted Ceiling(s)
  • Water Heater
  • 2 fireplaces (gas, wood burning)
  • Daylight, Finished basement

Kitchen

  • Dishwasher
  • Disposal
  • Dryer
  • Microwave
  • Refrigerator
  • Stove(s)/Range(s)
  • Washer

Bedrooms

  • 4 bedrooms total
  • 3 on the main level
  • 1 on the lower level

Bathrooms

  • 1 full bathroom
  • 2 three-quarter bathrooms (shower, no tub)
  • 2.5 bathrooms total (NWMLS count)
  • 2 on the main level

Layout

  • Split Entry
  • 1,970 sq ft finished
  • 260 sq ft garage

Flooring

  • Laminate
  • Carpet

Heating & cooling

  • Fireplace Insert heating
  • Forced Air heating
  • None cooling

Schools

Ratings via SchoolDigger

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.

Single-family home facts

As entered by the listing broker on Northwest MLS

Lot & site

Vegetation
Fruit Trees, Garden Space

Systems

Energy source
Natural Gas
Power production
Natural Gas
Water heater
Tank Gas
Water heater location
Utility Room
Power company
PSE
Water company
Lakehaven
Sewer company
Lakehaven
Gas company
PSE
Garbage service
Waste Management
Irrigation water rights
No

Rooms & extras

Bathtubs
1
Showers
3
Fireplaces on main
1
Fireplaces lower level
1
Excluded items
No

New construction

Square footage source
Realist
Lot size source
Realist

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 2841 SW 342nd Street

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 14, 2026
    Listed
    NWMLS via MLS Grid · #2594533
    $639,950
    $325/sq ft
  2. Nov 5, 1992
    Recorded sale
    King County recorder · Warranty deed
    $122,950
    $62/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.

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

$4,188 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: BHGRE - Northwest Home Team; Bryce Ancheta; 253-797-1718; ba@betterhomeswithbryce.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

    0.4 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

    0.7 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

    0.2 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

    0.6 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 6:19 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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© 2026 Northwest Multiple Listing Service. All rights reserved.

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