37226 1st Avenue SW Federal Way, WA ^$ 550,000

37226 1st Avenue SW

^$ 550,000

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37226 1st Avenue SW

Federal Way, WA, 98023

^$ 550,000

Bedrooms2 Baths1.0 Sq 940

Monthly Estimate*

^$ 3,431

Listed by Keller Williams Greater 360

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Single Family Home for sale in Federal Way, WA

for $550,000 with 2 bedrooms and 1 full bath. This 940 square foot home was built in 1943 on a lot size of 0.7576.

Enjoy the perfect blend of privacy and convenience in this beautifully remodeled home on a large, peaceful, fully fenced lot with an automatic gate. The bonus 300sqft finished studio is perfect for guests, a home office or extra living. This home features a gorgeous kitchen with granite counters, open living/dining space, and stylish updates throughout. Relax on the covered porch and take advantage of the huge backyard, fire pit, fruit trees and RV/boat parking. Just minutes to shopping and freeway access. This gem is a must see! Assumable 2.25% VA loan available for qualified buyers.

Single Family Pending

Price

^$ 550,000

Bedrooms

Full Bath

Property Type

Single Family

Taxes

^$ 4,917

Style

1 Story

Lot Size

0.7576

Year Built

1943

Town/City

Federal Way

County/Region

King

MLS | Web ID

2412656

Features

General

Living Area 940

Sewer Septic Tank

Heating Baseboard

Cooling None

Possession Closing

Roof Composition

Appliances Dishwasher(s) Dryer(s) Microwave(s) Refrigerator(s) Stove(s)/Range(s) Washer(s)

HOA Fee 0

Garage Spaces 1

Security Features Fully Fenced

Year Built 1943

Topography Level

Levels One

Property Subtype Single Family Residence

Tax Year 2025

County King

New Construction N

Property Type Residential

HOA N

Attached Garage Y

Subdivision Name Federal Way

Garage Y/N Y

Full Baths 1

Special Listing Conditions None

Status Pending

Directions Heading North on Pacific Hwy S take a left on SW 374th St take right on 1st Ave SW Property will be located on your right.

City Federal Way

Entry Location Main

Senior Community Y/N N

High School District Federal Way

MLS Area 110 - Dash Point/Federal Way

Lot Size Units Square Feet

Lot Size Square Feet 33000

Carport Y/N N

Listing Terms Cash Out Conventional FHA VA Loan

Land Lease Y/N N

Tax Annual Amount 4917.14

Public Remarks Enjoy the perfect blend of privacy and convenience in this beautifully remodeled home on a large peaceful fully fenced lot with an automatic gate. The bonus 300sqft finished studio is perfect for gue

Structure Type House

Building Area Units Square Feet

Standard Status Pending

Property Style 10 - 1 Story

Interior

Interior Amenities Double Pane/Storm Window Dining Room Water Heater

Basement None

Flooring Laminate Carpet

Total Fireplaces 0

Air Conditioning Y/N N

Heating Y/N Y

Fireplace Y/N N

Half Baths 0

3/4 Baths 0

Total Bedrooms 2

Main Level Bedrooms 2

Total Baths 1

Water Heater Type Tankless

Water Heater Location Utility Room

Power Production Type Electric

Baths Three Quarter Garage 0

Baths Three Quarter Lower 0

Baths Three Quarter Main 0

Baths Three Quarter Upper 0

Bedrooms Lower 0

Bedrooms Upper 0

Baths Half Upper 0

Baths Half Main 0

Baths Half Lower 0

Baths Half Garage 0

Baths Full Upper 0

Baths Full Main 1

Baths Full Lower 0

Baths Full Garage 0

Bathrooms 1

Exterior

Exterior Amenities Wood Products

Vegetation Fruit Trees Garden Space Wooded

Parking Features Driveway Attached Garage RV Parking

Lot Features Dead End Street Secluded

Water Source Public

Total Parking 1

Inclusions Dishwasher(s) Dryer(s) Microwave(s) Refrigerator(s) Stove(s)/Range(s) Washer(s)

Foundation Details Poured Concrete

Building Area Total 940

Lot Size Acres 0.7576

Waterfront Y/N N

Covered Spaces 1

Irrigation Water Rights Y/N N

Site Features Fenced-Fully Outbuildings RV Parking

Internal Only

OriginalMLSID NWM2412656

Street Number 1 37226

* Excluded Features

List By

Samantha Huntley

Listing Agent

Keller Williams Greater 360

Broker

Affordability Calculator

$3,841

Per Month

Monthly Principal & Interest: $3,431
Monthly Property Taxes: $410
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Single family listings in Federal Way, WA

Average List Price ^$653,259

Percent of Sale Price 19%

About Federal Way, WA

97,954 Population

14% Since 2002

^$60,792 Median Income

37.42 Median Age

30% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

258885 Elementary School

257703 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
7/25/2025	$550,000		Listed Price

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37226 1st Avenue SW, Federal Way, WA, 98023 is a Single Family Home for sale at $550,000 with 940 sqft and a lot size of 0.7576. 37226 1st Avenue SW has 2 bedrooms, 1.0 baths, and was built in 1943. The property's zip code is 98023 which is in Federal Way, WA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the Northwest Multiple Listing Service

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Northwest Multiple Listing Service. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is 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.

Data is updated as of 12/25/2025.

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37226 1st Avenue SW

Single Family Home for sale in Federal Way, WA

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