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$669,950 Just Listed

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 1 Full Bath
  • 2 Partial Baths
  • 2,200 Sq. Ft.
  • Updated 1 day ago

Next open house:

Open House: 11:00 AM - 1:00 PM

Saturday 4/18 11:00 AM - 1:00 PM

31203 2nd Avenue SW,Federal Way, WA 98023

31203 2nd Avenue SWFederal WayWA98023

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Join us at 31203 2nd Avenue SW on:

  • Open House: 11:00 AM - 1:00 PM

    Sunday 4/19 11:00 AM - 1:00 PM

    31203 2nd Avenue SW,Federal Way, WA 98023
    31203 2nd Avenue SWFederal WayWA98023

Listed by Lorraine Gakin | Gateway Real Estate | (253) 904-1500

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Don't let first impressions fool you-this spacious 4-bedroom, 2.25-bath rambler with a finished basement offers around 2,200 square feet of flexible living space, perfect for a variety of needs. Situated on a corner lot with mature landscaping and a fully fenced backyard, the home provides both privacy and convenient access to freeways, shopping, and schools. This home features numerous upgrades throughout. The open-concept, gourmet-sized kitchen is perfect for entertaining--allowing you to cook while staying connected with guests. Enjoy stainless steel appliances, updated countertops, backsplash, flooring, and fresh interior paint. Charming farmhouse-style all-wood cabinetry, updated lighting, and wood-wrapped windows add warmth and character. Natural light fills the home thanks to skylights, creating a bright & inviting atmosphere. The finished basement offers excellent potential for an ADU or MIL setup, ideal for multi-generational living or additional income opportunities. Step outside to a low-maintenance deck with durable Trex-style decking-no painting required. With its smart layout and generous space, this home delivers a big-home feel in a comfortable, manageable footprint. This home also comes with free access rights to Mirror Lake, which is stocked with fish and is great for kayaks and other non gas powered water craft, and there is a dog park nearby!

Full Property Details for 31203 2nd Ave SW

General

  • Price: $669,950
  • Taxes: $770 (2026)
  • Status: Active
  • Type: Single Family
  • Source: NWMLS
  • MLS ID: 2506437
  • Updated: 4/15/2026
  • Added to Site: 1 day(s) ago

Interior

  • Interior Features: Bath Off Primary, Dbl Pane/Storm Window, Dining Room, Skylight(s), Walk-In Closet(s)
  • Fireplace(s): Gas
  • Appliances: Dishwasher(s), Dryer(s), Microwave(s), See Remarks, Stove(s)/Range(s), Washer(s)
  • Flooring: Ceramic Tile, Engineered Hardwood, Carpet

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 1
  • 3/4 Bathrooms: 1
  • Half Bathrooms: 1
  • Main Floor Baths: 2
  • Main - 3/4 Baths: 1
  • Lower - 1/2 Baths: 1

Bedrooms

  • Total Bedrooms: 4
  • Bedrooms Lower: 2
  • Bedrooms Main: 2

Additional Information

  • Amenities: Cable TV, Deck, Fenced-Fully, Gas Available, Outbuildings
  • Security/Safety: Fully Fenced

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Covered Spaces: 2
  • Uncovered Spaces: 4
  • Parking Features: Attached Garage

Location

  • Area: 110 - Dash Point/Federal Way
  • County: King
  • Subdivision: Mirror Lake
  • Driving Directions: gps friendly

School Information

  • High School District: Federal Way
  • Elementary School: Buyer To Verify
  • Middle School: Buyer To Verify
  • High School: Buyer To Verify

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Forced Air

Utilities

  • Sewer: Sewer Connected
  • Water: Public

Structural Information

  • Structure Type: House
  • Exterior Const.: Metal/Vinyl, Wood
  • Basement Desc.: Finished
  • Foundation: Poured Concrete
  • Roof: Composition
  • Square Feet: 2,200
  • Finished Total: 2,200 Sq. Ft.
  • Year Built: 1963

Lot Features

  • Lot Size (Acres): 0.2094
  • Lot Size (Sq. Ft.): 9,120
  • Lot Size Source: public
  • Topography: Level, Partial Slope
  • Lot Features: Corner Lot, Paved
  • Trees/Vegetation: Garden Space

Financial Considerations

  • Tax Amount: $770
  • Tax Year: 2026
  • Terms: Cash, Conventional, FHA, VA Loan

Disclosures and Reports

  • Special Conditions: None
  • Inclusions: Dishwasher(s), Dryer(s), Microwave(s), See Remarks, Stove(s)/Range(s), Washer(s)
  • Property ID: 5557500010

Listed by Lorraine Gakin | Gateway Real Estate | (253) 904-1500

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Schools serving 31203 2nd Ave SW

School District:Federal Way School District
NameGradesDistance
Lake Grove Elementary School, Federal Way, WA
303 Sw 308th St, Federal Way, WA 98023
K-50.2 mi
Lakota Middle School
1415 Southwest 314th Street, Federal Way, WA 98023
6-80.8 mi
Federal Way Senior High School
30611 16th Avenue South, Federal Way, WA 98003
9-121.2 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 31203 2nd Ave SW Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/15/2026
Listed
$669,950
482.57%
MLS
5/06/1991
Sold
$115,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 31203 2nd Ave SW

Year
Property Taxes
Change
Tax Assessment
Change
2024
$770
-4%
$372,000
—
2024
$803
-55%
$372,000
—
2022
$1,800
-29%
$372,000
—
2021
$2,539
—
$372,000
-7%
2021
$2,539
-43%
$399,000
7%
2020
$4,450
8%
$372,000
4%
2019
$4,113
-5%
$356,000
17%
2018
$4,328
18%
$303,000
18%
2017
$3,682
3%
$257,000
8%
2016
$3,578
8%
$239,000
5%
2015
$3,321
21%
$227,000
34%
2014
$2,748
—
$169,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Lorraine Gakin | Gateway Real Estate | (253) 904-1500

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31203 2nd Avenue SW, Federal Way, WA 98023 (MLS# 2506437) is a Single Family property with 4 bedrooms, 1 full bathroom and 2 partial bathrooms. 31203 2nd Avenue SW is currently listed for $669,950 and was received on April 15, 2026. Want to learn more about 31203 2nd Avenue SW? Do you have questions about finding other Single Family real estate for sale in Federal Way? You can browse all Federal Way real estate or contact a Coldwell Banker agent to request more information.

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