OPEN SUN, 12PM TO 3PM

Listed by Jim Clifford • Washington Realty Group.

For sale

$550,000

Est. $3,667/mo —

•

1,970

sq ft

31616 3rd Pl S, Federal Way, WA 98003

About this home

Welcome home to this charming Federal Way retreat! Step inside to discover a warm and inviting living room, complete with a cozy fireplace—perfect for relaxing evenings and gathering with loved ones. The home offers plenty of opportunity to add your personal touch, with painting and freshening up needed to bring out its full potential. Outside, the fully fenced backyard provides a private, secure space for entertaining, gardening, pets, or enjoying peaceful afternoons in the fresh air. With comfortable indoor living and wonderful outdoor potential, this home is ready for your vision.

Single-familyProperty Type

1985Year Built

8,550 sq ftLot Size

$279Price/Sq.Ft.

2 spacesParking

Listed by Jim Clifford • Washington Realty Group

Listed by Alan Dyckman • Washington Realty Group

Listing updated: Oct 1, 2026 at 10:04am

Redfin checked: 2 minutes ago

•Source:NWMLS as Distributed by MLS Grid #2560937

Payment calculator

$3,667 per month

Principal and interest$3,114

Property taxes

$475

HOA dues

Home insurance

$78

Utilities

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Affordability tools

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Open houses

Sunday, Oct 4

12:00pm - 3:00pm

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Around this home

Schools

K - 12
Preschool & daycare

Mirror Lake Elementary School

Public PreK-5 • Assigned • 0.3mi

3/10

Sacajawea Middle School

Public 6-8 • Assigned • 1.2mi

5/10

Federal Way Senior High School

Public 9-12 • Assigned • 1.0mi

3/10

Provided by GreatSchools

About Mirror

Lake

Mirror Lake, located between SW 320th St and I-5, is a residential and lakeside Federal Way neighborhood with evergreen slopes and a small, walkable lakefront. The neighborhood’s character concentrates around the Mirror Lake Park shoreline, where anglers, dog-walkers, and picnic tables share the same loop path. Mid-century ramblers and split-levels sit along curving streets, with newer townhome pockets near the main arterials. Mirror Lake Park’s fishing pier and open lawns set a calm, outdoors-first rhythm. Nearby, the Federal Way Performing Arts & Event Center, Poverty Bay Cafe, and the Centerstage Theatre add a cultural counterpoint to the greenery.

Provided by Walk Score and Local Logic

Offer insights

31616 3rd Pl S · $550,000

Strong offer

$561K and above

75% chance or better to win

Why $561K+ is a strong offer

SALE-TO-LIST

Most homes are selling 2% below list price.

LIST PRICE

Median list price in this area is $1,033,459. (88% higher than this home)

About offer insights

Property details

Interior
Exterior
Finance

Kitchen

Bathroom

Bedroom

Living

Interior features
Dining room
Fireplace (wood burning)

Bedrooms
3 bedrooms (all on upper level)

Bathrooms
1 full bathroom
1 three-quarter bathroom
1 half bathroom
1 bathtub
2 showers

Kitchen
Dishwasher
Refrigerator
Stove/Range

Laundry & utility
Water heater located in garage

Flooring
Laminate
Vinyl
Carpet

Heating & cooling
Forced air heating
Forced air cooling

Sale and tax history for 31616 3rd Pl S

Sale History
Tax History

Year

Property tax

Land + Additions

Assessment*

2026

$5,699 (+6.0%)

$174,000 + $377,000

$551,000

2025

$5,378 (+1.0%)

$174,000 + $377,000

$551,000

2024

$5,326 (+2.6%)

$174,000 + $360,000

$534,000

2023

$5,191 (+9.3%)

$157,000 + $327,000

$484,000

2022

$4,747 (+6.1%)

$143,000 + $383,000

$526,000

2021

$4,474 (+8.5%)

$114,000 + $303,000

$417,000

2020

$4,124 (+8.3%)

$93,000 + $276,000

$369,000

2019

$3,809 (−8.7%)

$75,000 + $254,000

$329,000

2018

$4,174 (+17.4%)

$75,000 + $254,000

$329,000

2017

$3,556 (+2.7%)

$69,000 + $223,000

$292,000

2016

$3,461 (+7.9%)

$63,000 + $185,000

$248,000

2015

$3,207 (+12.2%)

$60,000 + $171,000

$231,000

2014

$2,858 (+2.1%)

$60,000 + $159,000

$219,000

2013

$2,799 (−2.9%)

$73,000 + $103,000

$176,000

2012

$2,881 (−3.5%)

$73,000 + $95,000

$168,000

2011

$2,986 (−1.0%)

$98,000 + $129,000

$227,000

2010

$3,016 (−8.7%)

$98,000 + $139,000

$237,000

2009

$3,304

$84,000 + $215,000

$299,000

Public record

Beds

Baths

2.5

Stories

Lot width

—

Lot depth

—

Lot size

8,550 Sq. Ft.

Year renovated

—

Finished Sq. Ft.

1,970

Unfinished Sq. Ft.

—

Total Sq. Ft.

1,970

Year built

1985

Style

Single Family Residential

County

King County

APN

337530 0190

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 4, 2026.

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 87° expected this year, 15 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

7/10 Air Factor

10 unhealthy days expected this year, 11 days in 30 years

Provided by First Street

Historical weather

Federal Way, WA • 98003

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9 hours in June and 1.7 hours in December, placing it below the U.S. average for solar exposure.

9 hrs

1.7 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 31616 3rd Pl S

$549,921

$79 under list price of $550K

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $535K to $655K.

SOLD SEP 21, 2026
$655,000 Last sold price
4 beds2.5 baths1,870 sq ft
30807 1st Pl S, Federal Way, WA 98003
$71/sq ft
11 years newer
SOLD JUL 8, 2026
$541,000 Last sold price
3 beds1.5 baths1,320 sq ft
316 S 308th St, Federal Way, WA 98003
$131/sq ft
larger lot
19 years older
SOLD JUL 22, 2026
$535,000 Last sold price
4 beds2 baths1,540 sq ft
521 SW 317th Pl, Federal Way, WA 98023
$68/sq ft
larger lot
8 years older
SOLD MAY 8, 2026
$580,000 Last sold price
3 beds2 baths1,520 sq ft
32334 9th Ave S, Federal Way, WA 98003
$103/sq ft
12 years older
SOLD AUG 31, 2026
$599,000 Last sold price
3 beds2.5 baths1,750 sq ft
822 SW 314th Pl, Federal Way, WA 98023
$63/sq ft
smaller lot
1 year newer
SOLD FEB 27, 2026
$650,000 Last sold price
3 beds2.5 baths1,780 sq ft
31040 3rd Ct S, Federal Way, WA 98003
$86/sq ft
smaller lot
14 years newer

Rental earnings

Est. $3,105 per month, based on comparable rentals

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