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$664,950 Just Listed

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 1 Full Bath
  • 2 Partial Baths
  • 2,110 Sq. Ft.
  • Updated 2 hours ago

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Open House: 12:00 PM - 2:00 PM

Saturday 4/18 12:00 PM - 2:00 PM

3131 S 368th Street,Federal Way, WA 98003

3131 S 368th StreetFederal WayWA98003

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Join us at 3131 S 368th Street on:

  • Open House: 11:00 AM - 1:00 PM

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

    3131 S 368th Street,Federal Way, WA 98003
    3131 S 368th StreetFederal WayWA98003

Listed by Lisa Williams | Person Real Estate Group LLC | (360) 825-9090

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See This Home
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Welcome to this beautifully updated 4-bedroom, 2.5-bath home nestled on a spacious corner lot in a highly sought-after neighborhood. Surrounded by mature trees, this residence offers an inviting blend of indoor and outdoor living. Step inside to soaring vaulted ceilings and a cozy wood burning fireplace in the expansive living room, where large windows fill the space with natural light. The gourmet kitchen is a chef's delight, featuring rich wood cabinetry with soft close drawers, granite countertops, stainless steel appliances, and a large island with seating that seamlessly connects to the dining area. Adjacent family room provides flexible space for relaxing or entertaining. Retreat to the primary suite with double closets, private ensuite, and direct access to the beautiful back deck. Three generously sized additional bedrooms can also be used for a home office, or hobbies. There is also a bonus/flex room. Enjoy laminate hardwood floors, designer fixtures, energy-efficient windows, and a newly insulated crawl space and attic. Outside, a huge backyard deck is perfect for gatherings, complemented by a fully fenced yard and oversized two-car detached garage/shop. Upgrades include AC, tankless water heater, and an enhanced electrical panel. Conveniently located near schools, shopping, restaurants, and easy freeway access. Don't miss out on this exceptional opportunity to call this remarkable property your home!

Full Property Details for 3131 S 368th St

General

  • Price: $664,950
  • Taxes: $6,439 (2025)
  • Status: Active
  • Type: Single Family
  • Source: NWMLS
  • MLS ID: 2507748
  • Updated: Today (4/16/2026)
  • Added to Site: Today

Interior

  • Interior Features: Bath Off Primary, Dbl Pane/Storm Window, Fireplace, High Tech Cabling, Vaulted Ceiling(s), Walk-In Closet(s), Water Heater
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Wood Burning

Rooms

Bathrooms

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

Bedrooms

  • Total Bedrooms: 4
  • Bedrooms Main: 4

Additional Information

  • Amenities: Cable TV, Deck, Fenced-Fully, Gas Available, High Speed Internet, Outbuildings, RV Parking
  • Security/Safety: Fully Fenced

Parking

  • Garage: Yes
  • Covered Spaces: 2
  • Uncovered Spaces: 2
  • Parking Features: Detached Garage, RV Parking

Location

  • Area: 100 - Jovita/West Hill
  • County: King
  • Subdivision: 5 Mile Lake
  • Driving Directions: GPS Friendly
  • Direction Faces: East

School Information

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

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Forced Air
  • Water Heater: Tankless/Gas

Utilities

  • Sewer: Septic Tank
  • Water: Public

Structural Information

  • Structure Type: House
  • Exterior Const.: Wood
  • Basement Desc.: None
  • Foundation: Poured Concrete
  • Roof: Composition
  • Entry Location: Main
  • Square Feet: 2,110
  • Finished Total: 2,110 Sq. Ft.
  • Year Built: 1940
  • Property Condition: Very Good

Lot Features

  • Property View: Territorial
  • Lot Size (Acres): 0.2879
  • Lot Size (Sq. Ft.): 12,540
  • Lot Size Source: KC Records
  • Topography: Level
  • Lot Features: Corner Lot, Paved
  • Trees/Vegetation: Garden Space

Financial Considerations

  • Tax Amount: $6,439
  • Tax Year: 2025
  • Terms: Cash, Conventional, FHA, USDA Loan, VA Loan

Disclosures and Reports

  • Special Conditions: None
  • Property ID: 3321049046

Listed by Lisa Williams | Person Real Estate Group LLC | (360) 825-9090

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NMLS#: 1598647

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Schools serving 3131 S 368th St

School District:Federal Way School District
NameGradesDistance
Rainier View Elementary School
3015 S 368th St, Federal Way, WA 98003
K-50.1 mi
Sequoyah Middle School
3425 South 360th Street, Auburn, WA 98001
6-80.5 mi
Todd Beamer High School
35999 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 3131 S 368th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/16/2026
Listed
$664,950
80.72%
MLS
12/23/2016
Sold
$367,950
—
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 3131 S 368th St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,438
-6%
$594,000
-4%
2024
$6,838
4%
$620,000
—
2022
$6,583
20%
$620,000
27%
2021
$5,481
—
$487,000
19%
2021
$5,481
4%
$410,000
4%
2020
$5,262
9%
$395,000
6%
2019
$4,847
19%
$374,000
46%
2018
$4,075
15%
$256,000
17%
2017
$3,548
—
$219,000
1%
2016
$3,557
9%
$216,000
6%
2015
$3,269
10%
$203,000
21%
2014
$2,968
—
$168,000
—
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 Lisa Williams | Person Real Estate Group LLC | (360) 825-9090

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3131 S 368th Street, Federal Way, WA 98003 (MLS# 2507748) is a Single Family property with 4 bedrooms, 1 full bathroom and 2 partial bathrooms. 3131 S 368th Street is currently listed for $664,950 and was received on April 16, 2026. Want to learn more about 3131 S 368th Street? Do you have questions about finding other Single Family real estate for sale in Lake Lanes? You can browse all Lake Lanes real estate or contact a Coldwell Banker agent to request more information.

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