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  • Listed by: 

    Rache C. Boston,

    John L. Scott, Inc

    Bought with: Portico Real Estate
    $580,000

    31451 48th Place SW, Federal Way, WA 98023

    3beds
    1,340sqft
    Single Family Residence
    Built in 1986
    5,005.04 Square Feet Lot
    $577,000 Zestimate®
    $433/sqft
    $2,737 Estimated rent

    Home value

    $577,000

    $531,000 - $623,000

    $2,737/mo

    Zestimate® history
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    What's special

    Impressive 3BD/2BA rambler in a quiet, established neighborhood! This well-maintained home features vaulted ceilings, hardwood floors, & an open-concept layout filled with natural light. Spacious living and dining areas with a cozy gas fireplace and upgraded kitchen that opens to a private composite deck—great for entertaining. The primary suite offers an updated ensuite bath & private deck access. Highlights include Andersen windows and patio doors, a $14K Andersen front door, Speed Queen washer/dryer, tankless water heater, A/C, & 3 skylights. Fully fenced backyard with new walkways, mature landscaping, & plenty of space to relax or garden. Two-car garage provide ample parking. Conveniently located near trails, parks, the Sound & amenties

    Zillow last checked: 8 hours ago

    Listing updated: August 28, 2025 at 04:04am

    Offers reviewed: Jul 15
    Listed by:

    Rache C. Boston,

    John L. Scott, Inc

    Bought with:

    Brandon Newell, 22018104

    Portico Real Estate

    Source: NWMLS,MLS#: 2401465MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 3
    Primary bedroom
    • Level: Main
    Bedroom
    • Level: Main
    Bedroom
    • Level: Main
    Bathroom full
    • Level: Main
    Bathroom full
    • Level: Main
    Dining room
    • Level: Main
    Kitchen with eating space
    • Level: Main
    Living room
    • Level: Main
    Utility room
    • Level: Main
    Heating
    • Fireplace, Heat Pump, Natural Gas
    Cooling
    • Central Air, Heat Pump
    Appliances
    • Included: Dishwasher(s), Disposal, Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s), Garbage Disposal, Water Heater: Electric, Water Heater Location: Garage
    Features
    • Bath Off Primary, Ceiling Fan(s), Dining Room
    • Flooring: Ceramic Tile, Hardwood
    • Doors: French Doors
    • Windows: Double Pane/Storm Window
    • Basement: None
    • Number of fireplaces: 1
    • Fireplace features: Gas, Main Level: 1, Fireplace
    Interior area
    • Total structure area: 1,340
    • Total interior livable area: 1,340 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached Garage
    • Attached garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Bath Off Primary, Ceiling Fan(s), Double Pane/Storm Window, Dining Room, Fireplace, French Doors, Walk-In Closet(s), Water Heater
    Lot
    • Size: 5,005 sqft
    • Features: Corner Lot, Curbs, Dead End Street, Paved, Sidewalk, Cable TV, Deck, Fenced-Fully, Gas Available, High Speed Internet
    • Topography: Level
    Details
    • Parcel number: 2115720190
    • Zoning description: Jurisdiction: City
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Contemporary
    • Property subtype: Single Family Residence
    Materials
    • Cement Planked, Cement Plank
    • Foundation: Poured Concrete
    • Roof: Composition
    Condition
    • Good
    • Year built: 1986

    Utilities & green energy

    • Electric: Company: PSE
    • Sewer: Sewer Connected, Company: Lake Haven
    • Water: Public, Company: Tacoma Public
    • Utilities for property: Xfinity, Xfinity

    Community & neighborhood

    Community
    • Community features: CCRs, Park
    Location
    • Region: Federal Way
    • Subdivision: Dumas Bay

    HOA & financial

    HOA
    • HOA fee: $250 annually
    • Association phone: 206-212-2246

    Other

    Other facts
    • Listing terms: Cash Out,Conventional,FHA,VA Loan
    • Cumulative days on market: 6 days

    Price history

    DateEventPrice
    7/28/2025Sold$580,000+5.6%$433/sqft
    Source: NWMLS #2401465
    7/14/2025Pending sale$549,000$410/sqft
    Source: NWMLS #2401465
    7/9/2025Listed for sale$549,000+329.7%$410/sqft
    Source: NWMLS #2401465
    9/29/1995Sold$127,750$95/sqft
    Source: Public Record

    Public tax history

    YearProperty taxesTax assessment
    2024$4,952 +0.8%$492,000 +10.6%
    2023$4,913 +3.4%$445,000 -7.3%
    2022$4,753 +7.1%$480,000 +23.4%

    Find assessor info on the county website

    Neighborhood: Twin Lakes

    Nearby schools

    GreatSchools rating
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    Sell for more on Zillow
    Get a free Zillow Showcase℠ listing and you could sell for .
    $577,000
    2% more+ $11,540
    With Zillow Showcase(estimated)
    $588,540