A rare opportunity in Alderbrook! This home sits on a large lot in a peaceful neighborhood with sidewalks and a true community feel. The structure is solid, offering a strong base for your next renovation or investment project. Updates are needed throughout, making it ideal for flippers, investors, or creative buyers eager to design their dream home. Bring your vision and transform this property into something special!
Sold
Listed by:
Drew Jones,
Windermere RE Greenwood
Bought with: eXp Realty
$425,000
1606 SW 322nd Street, Federal Way, WA 98023
3beds
1,572sqft
Single Family Residence
Built in 1981
8,084.74 Square Feet Lot
$425,100 Zestimate®
$270/sqft
$2,994 Estimated rent
Home value
$425,100
$395,000 - $459,000
$2,994/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: December 05, 2025 at 02:42pm
Listed by:
Drew Jones,
Windermere RE Greenwood
Bought with:
Matthew Lagerquist, 111816
eXp Realty
Source: NWMLS,MLS#: 2454808
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- 3/4 bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 3
Primary bedroom
- Description: Primary bedroom
- Level: Main
Bedroom
- Description: 2nd bedroom
- Level: Main
Bedroom
- Description: 3rd bedroom
- Level: Main
Bathroom three quarter
- Description: Primary bathroom
- Level: Main
Bathroom three quarter
- Description: Main bathroom
- Level: Main
Dining room
- Description: Dining area
- Level: Main
Family room
- Description: Family room
- Level: Main
Kitchen without eating space
- Description: Kitchen
- Level: Main
Living room
- Description: Living room
- Level: Main
Utility room
- Description: Laundry room
- Level: Main
Heating
- Fireplace, Forced Air, Natural Gas
Cooling
- Heat Pump
Appliances
- Included: Dishwasher(s), Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Features
- Bath Off Primary
- Flooring: Vinyl Plank, Carpet
- Windows: Double Pane/Storm Window
- Basement: None
- Number of fireplaces: 1
- Fireplace features: Gas, Main Level: 1, Fireplace
Interior area
- Total structure area: 1,572
- Total interior livable area: 1,572 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached Garage, Off Street
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 1
- Patio & porch: Bath Off Primary, Double Pane/Storm Window, Fireplace
Lot
- Size: 8,084 sqft
- Features: Curbs, Paved, Sidewalk, Fenced-Partially, Outbuildings
- Topography: Level,Partial Slope
- Residential vegetation: Garden Space
Details
- Parcel number: 0104500830
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Wood Siding, Wood Products
- Roof: Composition
Condition
- Fixer
- Year built: 1981
Utilities & green energy
- Sewer: Sewer Connected
- Water: Public
Community & neighborhood
Location
- Region: Federal Way
- Subdivision: Alderbrook
Other
Other facts
- Listing terms: Cash Out,Rehab Loan
- Cumulative days on market: 8 days
Price history
| Date | Event | Price |
|---|---|---|
| 12/5/2025 | Sold | $425,000-5.3%$270/sqft |
Source:  NWMLS #2454808 | ||
| 11/21/2025 | Pending sale | $449,000$286/sqft |
Source: NWMLS #2454808 | ||
| 11/14/2025 | Listed for sale | $449,000+44.8%$286/sqft |
Source: NWMLS #2454808 | ||
| 4/14/2007 | Sold | $310,000+74.2%$197/sqft |
Source: NWMLS #27042943 | ||
| 4/15/2004 | Sold | $178,000+11.3%$113/sqft |
Source: NWMLS #24031488 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,385 +0.5% | $538,000 +10.5% |
| 2023 | $5,357 +3.2% | $487,000 -7.4% |
| 2022 | $5,191 +8.3% | $526,000 +24.9% |
Find assessor info on the county website
Neighborhood: Alderbrook
Nearby schools
GreatSchools rating
- 4/10Silver Lake Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 4/10Illahee Middle SchoolGrades: 5-8Distance: 2.6 mi
- 3/10Decatur High SchoolGrades: 9-12Distance: 0.7 mi
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Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$425,100
2% more+ $8,502
With Zillow Showcase(estimated)
$433,602