$6,193

closing credit¹

5005 SW 314th Pl Federal Way, WA 98023

$521,550
3 beds
1 full, 1 partial
1,100 sqft
0.2 acres
$474 / sqft
House

Property details

About 5005 SW 314th Pl

Location! Location! Location! This home is tucked away in a quiet neighborhood, yet still close to shopping, restaurants, & schools! Within walking distance to Palisades Park, Dash Point State & Dumas Bay Beach Parks! This rambler sits on a large corner lot w/mature landscaping. This home has it all! Recently painted & partially/cosmetically remodeled! The home features an open layout w/new kitchen countertops. New flooring, water heater, smart thermostat, & window blinds installed in 2022! The skylights provide ample light throughout the day! Entertainment sized deck in the fully fenced backyard! 2 car garage & RV parking! Comes equipped w/SOLAR PANELS on the roof! The list goes on! Call to see this home today!

Highlights

HeatingForced Air
StatusActive
CoolingCentral Air
Size1,100 sqft
Lot size0.2242 Acres
Year built1970
ParkingDetached Garage
MLS #2326896
Garage2 spaces

Summary

  • MLS Number: 2326896
  • MLS Name: NWMLS
  • Office Name: Engel & Voelkers North Tacoma
  • Office Phone: (206) 651-7533
  • Listing Agent: Mackenzie Record

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: 2/7/2025, 1:47:49 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 facade with a garage

$521,550

5005 SW 314th Pl

$6,193

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Jun 25, 2021
Home Sold
$428,500
May 07, 2004
Home Sold
$188,500

Tax history

YearAssessmentProperty Tax
2022$442,000$4,391
2021$358,000$4,099
2020$291,000$3,561
2018$264,000$3,078
2017$241,000$3,463

History based on county public records data.

Nearby schools

7

Twin Lakes Elementary School

Public District KG-5

0.5 mi

4400 SW 320th St

5

Green Gables Elementary School

Public District KG-5

0.8 mi

32607 47th Ave SW

2

Olympic View Elementary School

Public District KG-5

1.6 mi

2626 SW 327th 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 $64,919. Residents of Federal Way, WA typically earn between $35k-100k each year. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

27%
<35k
49%
35k-100k
21%
100k-200k
3%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

43%
Single, No Kids
14%
Single, with Kids
28%
Married, No Kids
15%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
8%
12-17 yrs old
24%
18-34 yrs old
41%
35-64 yrs old
13%
65+ yrs old

What do the neighbors do for fun?

  • Symphony or OperaSymphony or Opera
  • Pro WrestlingPro Wrestling
  • Hiking/backpackingHiking/backpacking

Where do the neighbors shop?

  • Chico'sChico's
  • BurlingtonBurlington
  • Nordstrom RackNordstrom Rack

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • Cicis PizzaCicis Pizza
  • ChipotleChipotle

What do the neighbors drive?

  • VolvoVolvo
  • PontiacPontiac
  • MazdaMazda

What do the neighbors listen to?

  • Talk/PersonalityTalk/Personality
  • Urban ContemporaryUrban Contemporary
  • RockRock
All data provided by Home Junction and Claritas

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Frequently asked questions

About 5005 SW 314th Pl

This home is located at 5005 SW 314th Pl in Federal Way, WA and zip code 98023 in the Dash Point Park neighborhood. This 1,100 square foot home, which was built in 1970, sits on a 0.22 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 28, 2025 and is currently priced at $521,550.

Over 14 listings were sold over their listed price in January 2025 in Federal Way, WA. In the same period over 18 listings were sold below the listed price and 12 listings were sold for the listed price. The inventory of homes for sale in Federal Way, WA between December and January 2025 decreased by 3.2%. In January 2025, listings were on the market for 57 days. During the same period, the median list price in this real estate market was $600,000.

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

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