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2873 S 353rd Place, Federal Way, WA, 98003

4beds
3baths
3,082sqft
$1,030,000
$334price/sqft
$6,562/moest. monthly cost
$262,480/yrincome needed

About This Home

Welcome to this luxurious MainVue home in a well-established neighborhood, featuring over $50,000 in builder upgrades and more than $70,000 in backyard enhancements. Designed for entertaining and everyday comfort, this residence blends open concept living with high-end finishes and thoughtful indoor-outdoor flow. Key Features incudes Open-concept family room, dining area, and kitchen with large sliding doors leading to a covered outdoor living space. Gourmet kitchen with quartz countertops, abundant counter space and storage, and room for casual dining. Upgraded backyard with extensive improvements. Upstairs loft offering flexible space for a media area, home office, or playroom. Central A/C and heating for year-round comfort. Additional highlights that includes elegant finishes and thoughtful builder upgrades throughout.

Getting Around

7
WalkingCar-Dependent
28
TransitSome Transit
20
BikeSomewhat Bikeable

Schools

4/10
4/10
Sequoyah Middle SchoolGrades 6-80.6 mi
3/10
Todd Beamer High SchoolGrades 9-121.2 mi

Construction

Condition

  • Year built: 2021

Materials

  • Roof: Composition
  • Construction materials: Cement Planked,Cement Plank

Notable Dates

  • Major remodel year: 2021

Other

  • Builder name: Main Vue Homes

Type & Style

  • Home type: SingleFamily
  • Architectural style: 2 Story
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Dryer,Microwave,Refrigerator,Stove(s)/Range(s),Washer,Dishwasher(s),Dryer(s),Garbage Disposal,Microwave(s),Refrigerator(s),Washer(s),Water Heater: tankless,Water Heater Location: garage

Basement

  • Basement: None

Bathroom Full

  • Level: Second

Bathroom Full

  • Level: Second

Bedroom

  • Level: Second

Bedroom

  • Level: Second

Bedroom

  • Level: Second

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1
  • Main level bathrooms: 1

Bonus Room

  • Level: Second

Bonus Room

  • Level: Main

Den Office

  • Level: Main

Dining Room

  • Level: Main

Entry Hall

  • Level: Main

Features

  • Dining Room
  • Window features: Dbl Pane/Storm Window
  • Flooring: Engineered Hardwood,Carpet
  • Number of fireplaces: 2
  • Fireplace features: Gas,Lower Level: 1,Main Level: 1,Fireplace
  • Fireplace: Yes

Great Room

  • Level: Main

Heating

  • Heating features: Fireplace,90%+ High Efficiency,Electric,Natural Gas

Interior Area

  • Total structure area: 3,082
  • Total interior livable area: 3,082 sqft

Kitchen With Eating Space

  • Level: Main

Master Bedroom

  • Level: Second

Other

  • Level: Main

Utility Room

  • Level: Second

Property

Details

  • Parcel number: 4045650120
  • Zoning: R4
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Entry location: Main
  • Patio & porch: Dbl Pane/Storm Window,Dining Room,Fireplace,Walk-In Closet(s),Water Heater

Lot

  • Lot size: 6,847 sqft

Parking

  • Total spaces: 2
  • Parking features: Attached Garage
  • Has garage: Yes
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeModerate
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Earthquake
Heat Wave

FEMA Declared Disasters in King County and Washington

Fire
Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $5,208$62,496
Home Insurance *$218$2,616
Property Taxes $926$11,112
Electricity $210$2,529
Total$6,562$78,744
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$224,982/yr
40% on housing$196,860/yr
45% on housing$174,986/yr

Washington FAIR Plan Programs

Washington FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 306Commercial: 55
Total Premiums$858,000
Total Exposure$176.33M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.9%
8.9%
0%30.0%
Electricity Growth Rate10-year average: 3.0%
3.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.7%
1.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$334This listing

vs Other Active Listings

Avg $/sqft

ZIP 98003$221
King County$442

vs Homes Sold Last Month

Median $/sqft

ZIP 98003$341
King County$485

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-16Price change$1,050,000
2026-04-08Price change$1,090,000
2026-03-12Listed for sale$1,100,000
2022-04-19Sold$971,022
2021-07-01Pending sale$947,950
2021-06-11Listed for sale$947,950
2021-03-23Listing removed--
2021-03-05Listed for sale$855,200

For Sale by Agent

AgentDai Tran
BrokerageRealty ONE Group Orca Gold

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