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2629 SW 308th Street, Federal Way, WA, 98023

2beds
3baths
1,790sqft
$679,000
$379price/sqft
$4,303/moest. monthly cost
$172,120/yrincome needed

About This Home

Rare 3.47-acre retreat in the Dash Point corridor — one of the largest privately-held parcels in Federal Way. Refinished hardwoods throughout main level. Open-concept kitchen with skylight, Jenn-Air gas range & stainless appliances. Panoramic window wall frames wooded acreage. Gas fireplace on main + wood-burning on lower level. Primary suite with en-suite bath & walk-in closet. Fully finished lower level with exterior door. This property feels like a retreat right in the City.

Getting Around

17
WalkingCar-Dependent
23
TransitMinimal Transit
8
BikeSomewhat Bikeable

Schools

4/10
5/10
Lakota Middle SchoolGrades 6-80.7 mi
4/10
Decatur High SchoolGrades 9-120.6 mi

Construction

Condition

  • Year built: 1962

Materials

  • Foundation: Poured Concrete
  • Roof: Composition
  • Construction materials: Brick,Wood Siding

Notable Dates

  • Major remodel year: 2000

Type & Style

  • Home type: SingleFamily
  • Architectural style: 1 Story w/Bsmnt.
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Refrigerator,Stove(s)/Range(s),Washer,Dishwasher(s),Dryer(s),Refrigerator(s),Washer(s),Water Heater Location: Basement

Basement

  • Has basement: Yes
  • Basement: Finished

Bathroom Full

  • Level: Lower

Bathroom Three Quarter

  • Level: Main

Bedroom

  • Level: Lower

Bedrooms & Bathrooms

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

Dining Room

  • Level: Main

Entry Hall

  • Level: Main

Features

  • Bath Off Primary,Dining Room
  • Window features: Dbl Pane/Storm Window,Skylight(s)
  • Flooring: Ceramic Tile,Hardwood,Carpet
  • Number of fireplaces: 2
  • Fireplace features: Gas,Lower Level: 1,Main Level: 1,Fireplace
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Fireplace,90%+ High Efficiency,Electric,Natural Gas
  • Cooling features: None

Interior Area

  • Total structure area: 1,790
  • Total interior livable area: 1,790 sqft

Kitchen With Eating Space

  • Level: Main

Living Room

  • Level: Main

Master Bedroom

  • Level: Main

Other

  • Level: Main

Rec Room

  • Level: Lower

Utility Room

  • Level: Lower

Property

Details

  • Parcel number: 1221039116
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Entry location: Main
  • Patio & porch: Bath Off Primary,Dbl Pane/Storm Window,Dining Room,Fireplace,Skylight(s),Walk-In Closet(s)
  • Has view: Yes
  • View description: Mountain(s),Partial,Sound
  • Has water view: Yes
  • Water view: Sound
  • Topography of land: Level,Partial Slope
  • Residential vegetation: Garden Space,Wooded

Lot

  • Lot size: 3.47 Acres
  • Features: Corner Lot,Dead End Street,Paved,Cable TV,Deck,Fenced-Partially,Gas Available

Parking

  • Parking features: Driveway,Off Street

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
    EarthquakeRelatively High
  • 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 $3,433$41,196
Home Insurance *$156$1,872
Property Taxes $565$6,780
Electricity $149$1,793
Total$4,303$51,636
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$147,531/yr
40% on housing$129,090/yr
45% on housing$114,746/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

$379This listing

vs Other Active Listings

Avg $/sqft

ZIP 98023$305
King County$442

vs Homes Sold Last Month

Median $/sqft

ZIP 98023$319
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
2026-07-17Listed for sale$679,000
2024-10-25Sold$655,000
2024-09-26Pending sale$695,000
2024-09-20Listed for sale$695,000
2022-08-27Listing removed--
2022-08-24Listed for rent$2,300
2021-03-24Listing removed--
2016-01-23Listing removed$1,600
2016-01-17Listed for rent$1,600
1999-03-04Sold$200,000

For Sale by Agent

AgentMark Bergman
BrokerageWindermere Prof Partners

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