5101 SW 316th Place, Federal Way, WA 98023
Listed by George Melvin Harris Sr., Coldwell Banker Bain
Originally $712,995
Reduced $138,095 · 19%$574,900
5101 SW 316th Place, Federal Way, WA 98023
Federal Way, WA, 98023
Tour this home
Jeff Reynolds · Managing Broker, Compass
Start with a focused 15-minute call, then tour with a clear due-diligence plan.
- Land
- Type
- 91,476 sq ft
- Lot
- 757
- Days on market
About this property
Prime close in development potential property, water, sewer, and electricity in the street. The property is flat with no environmental issues or concerns.
Location & commute
Add a destination (work, gym, school) for directions and drive time.
Property details
Listing details
- Listing number
- #1812884
- Listed
- July 23, 2021
- Days on market
- 757
- Original list price
- $712,995
Construction
- Style
- 41 - Res-Over 1 Acre
- Structure
- None
Lot
- Lot features
- Paved
- Lot size
- 91,476 sq ft
Terms
- Terms offered
- Cash OutConventional
Utilities
- Utilities
- Natural Gas Available
- Water
- In Street
- Sewer
- In Street
Schools
- District
- Federal Way
- Elementary
- Twin Lakes Elem
- Middle
- Lakota Mid Sch
- High
- Decatur High
Listing history
Listed
$712,995
July 23, 2021
Current price
$574,900
Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.
Payment estimate
An estimate to help you plan, not a loan offer or financial advice.
Est. monthly
$3,348
- Principal & interest
- $2,907
- Property tax (est.)
- $441
Assumes $114,980 down (20%), a $459,920 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.
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Based on information submitted to the MLS GRID as of August 7, 2026 at 11:45 AM PDT. 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.