Foreclosure for Sale on SW 318th Pl, Federal Way, WA 98023

Foreclosures › Washington › King › Federal Way › SW 318th Pl
Bank-owned REO foreclosure property at SW 318th Pl, Federal Way, WA 98023. 3 bed 2 bath 1,454 sq ft King County foreclosure listing.
Foreclosure (REO) Active 77 days on market
SW 318th Pl, Federal Way, WA 98023
Price TBD
King County · Washington
3
Bedrooms
2
Bathrooms
1,454
Sq ft
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Property details
Listing type Foreclosure
Property type Condo
Bedrooms 3
Bathrooms 2
Living area 1,454 sq ft
County King County
State Washington
ZIP 98023
Days on Market 77 days
Listing ID 65834234
About this property

This Federal Way, WA property is a Real Estate-Owned (REO)/post-foreclosure home owned or managed by a bank. All offers are considered; however, the highest and best will most likely be accepted.

📊 King County Market · Updated daily
Active Listings
1,556
Avg. Est. Value
$374,370
Bank-Owned (REO)
160
Pre-Foreclosures
1,396

142 active foreclosure listings in Federal Way, WA.

Browse all King County foreclosures →
❓ Frequently Asked Questions
This is a bank-owned (REO) property. The lender has repossessed it after the foreclosure process completed. REO properties are sold as-is but typically allow conventional financing and interior inspections before closing.
Click "View full listing & bid" above to access complete auction details, contact information, and bidding tools through our foreclosure.com partner. You can also work with a licensed real estate attorney or broker familiar with King County foreclosures for additional guidance on the purchase process.
There are currently 142 active foreclosure listings in Federal Way, WA. Land.net updates foreclosure data daily across all 50 states.
Before buying any foreclosure, research: (1) title history and any liens that may survive the sale, (2) property condition — most foreclosures sell as-is with no repairs, (3) delinquent property taxes which are a senior lien, (4) HOA fees and any delinquent assessments, (5) flood zone status using FEMA maps, and (6) occupancy status — eviction may be required if the property is occupied.
🌊 Flood Zone · FEMA NFHL

Check the official FEMA flood map for this property's flood zone designation and risk level.

Check FEMA Flood Map →
🏦 Mortgage estimate
Est. monthly payment (P&I + tax + insurance)
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📍 Location Map · Federal Way, WA Open in Google Maps →
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🏘️ Neighborhood Profile · ZIP 98023 · U.S. Census ACS
Population
50,778
Median Age
38.4 yrs
Households
17,917
Median Household Income
$98,057
Median Home Value
$479,100
Median Rent
$1,807/mo
Owner-Occupied
66% of homes
Vacancy Rate
5% of units
Unemployment Rate
5.4%

~22% of residents hold a bachelor’s degree or higher.

Source: U.S. Census Bureau American Community Survey 5-Year Estimates (2022)
🏫 Schools · NCES 2024–25
Schools in ZIP 98023
🏫 Elementary
Adelaide Elementary School
Grades Pre-K–5·Federal Way ZIP 98023
Brigadoon Elementary School
Grades Pre-K–5·Federal Way ZIP 98023
🎓 High
Decatur High School
Grades 9–12·FEDERAL WAY ZIP 98023
Employment Transition Program
Grades 9–12·Federal Way ZIP 98023

Source: NCES CCD 2024–25 · nces.ed.gov

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