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  • Listed by: 

    Darci Omtvedt,

    John L. Scott Federal Way

    Bought with: Skyline Properties, Inc.
    $500,000

    2625 SW 337th Street, Federal Way, WA 98023

    3beds
    1,830sqft
    Single Family Residence
    Built in 1980
    7,139.48 Square Feet Lot
    $-- Zestimate®
    $273/sqft
    $3,234 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $3,234/mo

    Zestimate® history
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    What's special

    Great opportunity with this fixer to make it your own. The 1 owner home is on a nice size lot, in the peaceful Alderdale neighborhood close to parks, schools, dining, shopping & transportation. Upstairs you will find the living/dinning area with vaulted ceiling, kitchen, & 3 bedrooms, 2 baths including the primary suite with private bathroom. Downstairs is the laundry room, & an unfinished 3/4 bath. The downstairs living area was divided to make 2 additional bedrooms, but could easily be converted back to an additional living space, media room or ADU? Lots of storage throughout. Spacious 2 car garage & ample parking. The house backs up to Alderdale park and the good-sized backyard offers plenty of space for gardening or entertaining & has mature apple trees. A commuters dream with easy access to I-5, Hwy 18 & 167, 30 mins to SeaTac Airport &10 mins to Dash Point State Park. There is a lot of clutter in the house. Likely a rehab loan, buyer to verify. Please have all offers submitted by 3:00pm on Sunday 1/25, Seller to review offers at 6:00pm

    Zillow last checked: 7 hours ago

    Listing updated: March 15, 2026 at 04:03am

    Offers reviewed: Jan 25
    Listed by:

    Darci Omtvedt,

    John L. Scott Federal Way

    Bought with:

    Kristina Minzer, 139191

    Skyline Properties, Inc.

    Source: NWMLS as distributed by MLS GRID,MLS#: 2469505MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 1
    • 3/4 bathrooms: 2
    Bathroom three quarter
    • Level: Lower
    Bonus room
    • Level: Lower
    Entry hall
    • Level: Split
    Utility room
    • Level: Lower
    Heating
    • Fireplace, Forced Air, Electric, Natural Gas
    Cooling
    • None
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer, Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Washer(s), Water Heater: Gas, Water Heater Location: Downstairs
    Features
    • Bath Off Primary, Ceiling Fan(s), Dining Room
    • Flooring: Laminate, Carpet
    • Basement: Partially Finished
    • Number of fireplaces: 2
    • Fireplace features: Wood Burning, Lower Level: 1, Upper Level: 1, Fireplace
    Interior area
    • Total structure area: 1,830
    • Total interior livable area: 1,830 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached Garage, RV Parking
    • Has attached garage: Yes
    • Covered spaces: 2
    Features
    • Levels: Multi/Split
    • Entry location: Split
    • Patio & porch: Bath Off Primary, Ceiling Fan(s), Dining Room, Fireplace, Vaulted Ceiling(s), Water Heater
    Lot
    • Size: 7,139 sqft
    • Features: Adjacent to Public Land, Curbs, Paved, Sidewalk, Cable TV, Deck, Fenced-Partially, Gas Available, RV Parking
    • Topography: Level
    • Residential vegetation: Brush, Fruit Trees, Garden Space
    Details
    • Parcel number: 2557000730
    • Zoning: RS7.2
    • Zoning description: Jurisdiction: City
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Wood Siding
    • Foundation: Poured Concrete
    • Roof: Composition
    Condition
    • Fixer
    • Year built: 1980
    • Major remodel year: 1980

    Utilities & green energy

    • Electric: Company: PSE
    • Sewer: Sewer Connected, Company: City
    • Water: Public, Company: City

    Community & neighborhood

    Community
    • Community features: Park, Playground
    Location
    • Region: Federal Way
    • Subdivision: Alderdale

    Other

    Other facts
    • Listing terms: Conventional,FHA,Rehab Loan,VA Loan
    • Cumulative days on market: 18 days

    Price history

    DateEventPrice
    2/12/2026Sold$500,000+25%$273/sqft
    Source: NWMLS as distributed by MLS GRID #2469505 Report a problem
    1/28/2026Pending sale$400,000$219/sqft
    Source: NWMLS as distributed by MLS GRID #2469505 Report a problem
    1/23/2026Listed for sale$400,000$219/sqft
    Source: NWMLS as distributed by MLS GRID #2469505 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$5,826 +0.6%$583,000 +10.4%
    2023$5,791 +2.7%$528,000 -7.9%
    2022$5,638 +8%$573,000 +24.6%

    Find assessor info on the county website

    Neighborhood: Twin Lakes

    Nearby schools

    GreatSchools rating
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