Attention developers and investors! First time on the market and so much potential. The layout and style of this home is unlike any home in the area. The exterior welcomes you with arched windows and wrought iron grills, stucco and a tile roof emanating a Spanish feel. You will be amazed at the storage in this home! Upon entering, you'll find a sunken living room with a gorgeous brick fireplace. Up a couple of steps, you'll find the kitchen with eat-in space and dining room. Down a couple of steps is the finished basement area with a half-bath plus more! Upon entering and going up a few steps, you'll find 3 bedrooms and a full bath as well as the primary suite.
Sold
Listed by:
Katrina Christensen,
NextHome Northwest Group
Bought with: Specialty Real Estate Group
$785,000
2511 SW 347th Street, Federal Way, WA 98023
4beds
2,540sqft
Single Family Residence
Built in 1975
3.81 Acres Lot
$779,900 Zestimate®
$309/sqft
$4,276 Estimated rent
Home value
$779,900
$718,000 - $842,000
$4,276/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: August 09, 2025 at 04:04am
Listed by:
Katrina Christensen,
NextHome Northwest Group
Bought with:
Bryan Le, 21036798
Specialty Real Estate Group
Source: NWMLS,MLS#: 2292786
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Other
- Level: Lower
Other
- Level: Lower
Dining room
- Level: Split
Entry hall
- Level: Main
Kitchen with eating space
- Level: Split
Living room
- Level: Main
Heating
- Fireplace, Forced Air, Electric, Wood
Cooling
- None
Appliances
- Included: Dishwasher(s), Stove(s)/Range(s)
Features
- Bath Off Primary, Central Vacuum, Dining Room
- Flooring: Vinyl, Carpet
- Basement: Finished
- Number of fireplaces: 1
- Fireplace features: Wood Burning, Main Level: 1, Fireplace
Interior area
- Total structure area: 2,540
- Total interior livable area: 2,540 sqft
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Attached Garage, RV Parking
- Attached garage spaces: 2
Features
- Levels: Multi/Split
- Entry location: Main
- Patio & porch: Bath Off Primary, Built-In Vacuum, Dining Room, Fireplace
Lot
- Size: 3.81 Acres
- Features: Dead End Street, Cable TV, Outbuildings, RV Parking
- Residential vegetation: Brush, Wooded
Details
- Parcel number: 2421039039
- Zoning: RS7.2
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Stucco
- Foundation: Poured Concrete
- Roof: Tile
Condition
- Average
- Year built: 1975
Utilities & green energy
- Electric: Company: PSE
- Sewer: Septic Tank
- Water: Public, Company: Lakehaven Water
Community & neighborhood
Location
- Region: Federal Way
- Subdivision: Twin Lakes
Other
Other facts
- Listing terms: Cash Out,Conventional
- Cumulative days on market: 142 days
Price history
| Date | Event | Price |
|---|---|---|
| 7/9/2025 | Sold | $785,000-17.4%$309/sqft |
Source:  NWMLS #2292786 | ||
| 6/4/2025 | Pending sale | $950,000+15.2%$374/sqft |
Source:  NextHome #2292786 | ||
| 5/28/2025 | Price change | $825,000-13.2%$325/sqft |
Source: NWMLS #2292786 | ||
| 5/22/2025 | Price change | $950,000+8.6%$374/sqft |
Source: NextHome #2292786 | ||
| 5/22/2025 | Listed for sale | $875,000$344/sqft |
Source: NWMLS #2292786 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $993 -5.6% | $487,000 |
| 2023 | $1,051 -82.4% | $487,000 |
| 2022 | $5,963 +8.1% | $487,000 |
Find assessor info on the county website
Neighborhood: Twin Lakes
Nearby schools
GreatSchools rating
- 4/10Sherwood Forest Elementary SchoolGrades: PK-5Distance: 0.8 mi
- 4/10Illahee Middle SchoolGrades: 5-8Distance: 1.6 mi
- 3/10Todd Beamer High SchoolGrades: 9-12Distance: 2.5 mi
Schools provided by the listing agent
- Elementary: Sherwood Forest Elem
- Middle: Illahee Jnr High
- High: Todd Beamer High
Source: NWMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$779,900
2% more+ $15,598
With Zillow Showcase(estimated)
$795,498