$699,950

1223 SW 318th St Federal Way, WA 98023

$8,312
Closing credit¹
4 beds
2 full, 1 partial
1,900 sqft
0.2 acres
$368 / sqft
House

Property details

About 1223 SW 318th St

Nestled at the end of a peaceful cul-de-sac is this handsome Lakota Hills home offering timeless appeal. A gracious foyer with updated floors welcomes you in, revealing an airy open staircase and a living room with soaring vaulted ceilings. The beautifully updated kitchen features granite countertops, stainless steel appliances, and custom cabinetry - ideal for both everyday living and entertaining. The adjacent family room is warm and inviting, while the patio off the kitchen extends the living space outdoors to a serene, professionally landscaped backyard with greenbelt views. Additional highlights include a spacious 3-car garage, ample off-street parking, convenient access to local parks, shopping, Dash Point Beach, and I-5. Hurry!

Highlights

HeatingForced Air
StatusActive
CoolingCentral Air
Size1,900 sqft
Lot size0.1639 Acres
Year built1992
ParkingAttached Garage, Off Street
MLS #2369305
Attached garage3 spaces
ViewSee Remarks, Territorial

Virtual tour

Summary

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Appliances: Disposal
  • Basement: No
  • Flooring Type: Ceramic Tile, Engineered Hardwood, Vinyl, Carpet
  • Interior: Ceramic Tile, Fireplace
  • Total Bedroom Count: 4
  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Attached Garage, Off Street
  • View: See Remarks, Territorial
  • Exterior: Wood, Wood Products
  • Architectural Style: Traditional
  • Heating: Forced Air
  • Cooling: Central Air
  • List Price: $699,950
  • Price/SqFt: $368
  • Annual Tax Amount: $6,084
  • Tax Year: 2022
  • Lot: Cul-De-Sac, Curbs, Paved
  • Directions: I-5 to 320th St. 320th to 10 Pl SW to 12 Pl SW to 318th St. Home at end of cel-de-sac.
  • Year Built: 1992
  • Living Area: 1,900 SqFt
  • Lot Size: 0.1639 Acres
  • MLS Number: 2369305
  • MLS Name: NWMLS
  • Office Name: Realogics Sothebys Intl Rlty
  • Office Phone: (206) 538-0730
  • Listing Agent: Chris Bierrum

IDX Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

IDX The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest Multiple Listing Service IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2025 Northwest MLS. All rights reserved.

DMCA Notice

Disclaimer: Information contained in this listing has not been verified by Rocket Homes Real Estate, LLC and should be verified by the buyer. All information deemed reliable but not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. All properties are subject to prior sale, change or withdrawal. Neither broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Days on site is calculated from the listing date of the current listing and includes the sum of market time from prior listings for the same property uninterrupted by a sale or more than 60 days off-market. Time off market, including time when a sale is pending, temporarily off market, etc. is not included. NorthwestMLS
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/3/2025, 1:17:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of house with fence, a front yard, brick siding, concrete driveway, and an attached garage

$699,950

1223 SW 318th St

$8,312

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Oct 26, 2018
Home Sold
$430,000
Jun 17, 1992
Home Sold
$165,000

Tax history

YearAssessmentProperty Tax
2022$620,000$6,084
2021$491,000$5,558
2020$468,000$5,631
2018$417,000$4,798
2017$329,000$4,690

History based on county public records data.

Nearby schools

4

Silver Lake Elementary School

Public District KG-5

0.5 mi

1310 SW 325th Pl

2

Olympic View Elementary School

Public District KG-5

0.8 mi

2626 SW 327th St

4

Adelaide Elementary School

Public District KG-5

0.9 mi

1635 SW 304th St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $68,432. Typical income of Federal Way, WA residents is between $35k-100k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

21%
<35k
57%
35k-100k
21%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

39%
Single, No Kids
14%
Single, with Kids
23%
Married, No Kids
24%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

17%
<11 yrs old
11%
12-17 yrs old
19%
18-34 yrs old
43%
35-64 yrs old
10%
65+ yrs old

What do the neighbors do for fun?

  • Minor League Baseball GamesMinor League Baseball Games
  • Symphony or OperaSymphony or Opera
  • Hiking/backpackingHiking/backpacking

Where do the neighbors shop?

  • New York & CompanyNew York & Company
  • Chico'sChico's
  • Nordstrom RackNordstrom Rack

Where do the neighbors go to eat?

  • Chick-fil-AChick-fil-A
  • Boston MarketBoston Market
  • ChipotleChipotle

What do the neighbors drive?

  • KiaKia
  • VolvoVolvo
  • MazdaMazda

What do the neighbors listen to?

  • Talk/PersonalityTalk/Personality
  • RockRock
  • Adult HitsAdult Hits
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

About 1223 SW 318th St

The listing price of 1223 SW 318th St property is $699,950.

The property 1223 SW 318th St is a house located in Federal Way, Washington, 98023.

Active Listing: 1223 SW 318th St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 1223 SW 318th St are: Silver Lake Elementary School (GreatSchools Rating 4/10), Olympic View Elementary School (GreatSchools Rating 2/10), Adelaide Elementary School (GreatSchools Rating 4/10), Lakota Middle School (GreatSchools Rating 3/10), TAF Academy at Saghalie (GreatSchools Rating 2/10), Sacajawea Middle School (GreatSchools Rating 3/10), Decatur High School (GreatSchools Rating 3/10), Federal Way High School (GreatSchools Rating 3/10), Federal Way Public Academy (GreatSchools Rating 10/10).

According to the records, the last property tax for 2022 is $6,084 (source: MLS/based on county public records data).

The last sale was on October 26, 2018 for $430,000 (source: MLS/tax record).

The property at 1223 SW 318th St has 4 bedrooms and 2 full and 1 half bathrooms.

The property 1223 SW 318th St is 1,900 SqFt (source: MLS/tax record).

The year of construction for 1223 SW 318th St is 1992.

This home is located at 1223 SW 318th St in Federal Way, WA and zip code 98023 in the Lakota neighborhood. This 1,900 square foot home, which was built in 1992, sits on a 0.16 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 2, 2025 and is currently priced at $699,950.

While more than 22 listings in Federal Way, WA in April 2025 were sold above asking price, there were more than 23 listings sold at asking price, and more than 22 were sold below. The inventory of homes for sale in Federal Way, WA between March and April 2025 increased by 7.2%. In April 2025, listings were on the market for 43 days. During the same period, the median list price in this real estate market was $600,036.

From Rocket Homes Real Estate and based on county public records data.

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