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$480,000

  • For Sale
  • Active
  • Single Family
  • 2 Beds
  • 1 Full Bath
  • 760 Sq. Ft.
  • Updated 7 days ago

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332 S 314th Place,Federal Way, WA 98003

332 S 314th PlaceFederal WayWA98003

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Listed by Andrew Maglalang-Weakley | Redfin | (253) 201-3130

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Charming fully remodeled home offers instant potential as a lucrative short-term rental or move-in ready retreat! Features a rare assumable loan opportunity with favorable existing financing! Backing up to a private green buffer, the light-filled interior boasts soaring vaulted ceilings, smart ambient lighting, durable LVP flooring throughout, a cozy fireplace, and a sunny bay window. The modern galley kitchen shines with sleek quartz counters and stainless appliances, while two spacious bedrooms share an upgraded full bath featuring a double vanity. Step outside to an entertainer's paradise! Large covered deck overlooks an exceptional private outdoor setting that's fully fenced with a low-maintenance yard complete with two handy garden storage sheds. Parking is a breeze with a spacious 1-car garage and ample room for RV with power hookup or boat storage. Unbeatably located just minutes from Redondo Beach perfect for catching beautiful waterfront sunsets, neighborhood parks, freeways and vibrant shopping. Welcome Home!

Full Property Details for 332 S 314th Pl

General

  • Price: $480,000
  • Taxes: $4,312 (2025)
  • Status: Active
  • Type: Single Family
  • Source: NWMLS
  • MLS ID: 2567170
  • Updated: 10/5/2026
  • Added to Site: 46 day(s) ago

Interior

  • Interior Features: Ceiling Fan(s), Dbl Pane/Storm Window, Dining Room, Fireplace, Security System, Vaulted Ceiling(s), Water Heater
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Wood Burning
  • Appliances: Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Flooring: Ceramic Tile, Laminate

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Floor Baths: 1

Bedrooms

  • Total Bedrooms: 2
  • Bedrooms Main: 2

Additional Information

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

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Covered Spaces: 1
  • Parking Features: Driveway, Attached Garage, Off Street, RV Parking

Location

  • Area: 110 - Dash Point/Federal Way
  • County: King
  • Subdivision: Mirror Lake
  • Building Name: Squire West
  • Driving Directions: GPS Friendly
  • Direction Faces: South

School Information

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

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Window Unit(s)
  • Heating Type: Baseboard, Wall Furnace
  • Water Heater: Electric

Utilities

  • Sewer: Sewer Connected
  • Water: Public

Structural Information

  • Architectural Style: Craftsman
  • Structure Type: House
  • Exterior Const.: Metal/Vinyl
  • Basement Desc.: None
  • Foundation: Poured Concrete
  • Roof: Composition
  • Entry Location: Main
  • Square Feet: 760
  • Finished Total: 760 Sq. Ft.
  • Year Built: 1980
  • Property Condition: Updated/Remodeled

Lot Features

  • Property View: Territorial
  • Lot Size (Acres): 0.1669
  • Lot Size (Sq. Ft.): 7,272
  • Lot Size Source: Realist - Buyer to Verify
  • Topography: Level
  • Lot Features: Cul-De-Sac, Curbs, Dead End Street, Paved, Sidewalk
  • Trees/Vegetation: Garden Space

Financial Considerations

  • Tax Amount: $4,312
  • Tax Year: 2025
  • Terms: Cash, Conventional, FHA, VA Loan

Disclosures and Reports

  • Special Conditions: None
  • Inclusions: Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Property ID: 7943000020

Listed by Andrew Maglalang-Weakley | Redfin | (253) 201-3130

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Schools serving 332 S 314th Pl

School District:Federal Way School District
NameGradesDistance
Mirror Lake Elementary School
625 South 314th Street, Federal Way, WA 98003
K-50.2 mi
Sacajawea Middle School, Federal Way, WA
1101 South Dash Point Road, Federal Way, WA 98003
6-81.1 mi
Federal Way Senior High School
30611 16th Avenue South, Federal Way, WA 98003
9-120.9 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 332 S 314th Pl Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/05/2026
Price Reduced
$480,000
-1.64%
MLS
8/27/2026
Listed
$488,000
8.44%
MLS
6/14/2022
Sold
$450,000
—
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 332 S 314th Pl

Year
Property Taxes
Change
Tax Assessment
Change
2026
$4,567
6%
$442,000
3%
2024
$4,312
—
$428,000
2%
2024
$4,309
3%
$421,000
—
2022
$4,192
23%
$421,000
26%
2021
$3,409
—
$334,000
20%
2021
$3,409
9%
$278,000
7%
2020
$3,133
8%
$259,000
4%
2019
$2,899
-9%
$248,000
13%
2018
$3,171
17%
$220,000
18%
2017
$2,707
3%
$187,000
7%
2016
$2,632
8%
$174,000
5%
2015
$2,441
11%
$165,000
23%
2014
$2,197
—
$134,000
—
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 Andrew Maglalang-Weakley | Redfin | (253) 201-3130

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332 S 314th Place, Federal Way, WA 98003 (MLS# 2567170) is a Single Family property with 2 bedrooms and 1 full bathroom. 332 S 314th Place is currently listed for $480,000 and was received on August 27, 2026. Want to learn more about 332 S 314th Place? 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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