Great opportunity in the quiet, well-run Forest Lake Community. This light-filled 2-bedroom, 1-bath unit features an updated kitchen, newer flooring,windows, and a large private patio perfect for barbecuing and entertaining. Includes in-unit washer/dryer and covered parking with extra storage. Two parking passes. Ideal for first-time buyers or investors, with no rental cap. Conveniently walkable to numerous amenities, bus line and new light rail. New roof and asphalt were recently completed in the complex. No upcoming assessments. Don't miss this one.
Sold
Listed by: Coldwell Banker Bain
Bought with: Marketplace Sotheby's Intl Rty
$270,000
1003 S 308th Street #2, Federal Way, WA 98003
2beds
809sqft
Condominium
Built in 1977
-- sqft lot
$256,000 Zestimate®
$334/sqft
$1,823 Estimated rent
Home value
$256,000
$243,000 - $269,000
$1,823/mo
Zestimate® history
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$1,823/mo
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$1,823/mo
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$1,973/mo
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$1,973/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Betina Finley,
Coldwell Banker Bain,
Stefan Wolfe,
Coldwell Banker Bain
Bought with:
Desiree Ferguson, 21005051
Marketplace Sotheby's Intl Rty
Source: NWMLS as distributed by MLS GRID,MLS#: 2245302
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Primary bedroom
- Level: Main
Bedroom
- Level: Main
Bathroom full
- Level: Main
Dining room
- Level: Main
Kitchen with eating space
- Level: Main
Living room
- Level: Main
Heating
- Baseboard, Forced Air, Electric
Cooling
- None
Appliances
- Included: Dryer(s), Washer(s), Dishwasher(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Water Heater: Electric, Water Heater Location: Closet, Cooking - Electric Hookup, Cooking-Electric, Dryer-Electric, Ice Maker, Washer
- Laundry: Electric Dryer Hookup, Washer Hookup
Features
- Flooring: Laminate, Vinyl Plank, Carpet
- Windows: Insulated Windows, Coverings: Included
- Has fireplace: No
Interior area
- Total structure area: 809
- Total interior livable area: 809 sqft
Property
Parking
- Total spaces: 2
- Parking features: Carport
- Has carport: Yes
- Covered spaces: 1
Features
- Levels: Two
- Stories: 2
- Patio & porch: Laminate, Cooking-Electric, Dryer-Electric, Ice Maker, Washer, Water Heater
Lot
- Features: Dead End Street, Secluded, Sidewalk
Details
- Parcel number: 2595900020
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Architectural style: Traditional
- Property subtype: Condominium
Materials
- Wood Siding
- Roof: Flat
Condition
- Year built: 1977
Utilities & green energy
Green energy
- Energy efficient items: Insulated Windows
Community & neighborhood
Location
- Region: Federal Way
- Subdivision: Federal Way
HOA & financial
HOA
- HOA fee: $349 monthly
- Services included: Common Area Maintenance, Maintenance Grounds, Sewer, Water
- Association phone: 253-874-5250
Other
Other facts
- Listing terms: Conventional,FHA,VA Loan
- Cumulative days on market: 255 days
Price history
| Date | Event | Price |
|---|---|---|
| 7/16/2024 | Sold | $270,000+8%$334/sqft |
Source:  NWMLS as distributed by MLS GRID #2245302 Report a problem | ||
| 6/11/2024 | Pending sale | $249,900$309/sqft |
Source: NWMLS as distributed by MLS GRID #2245302 Report a problem | ||
| 6/8/2024 | Listed for sale | $249,900+169.6%$309/sqft |
Source: NWMLS as distributed by MLS GRID #2245302 Report a problem | ||
| 12/16/2015 | Sold | $92,700+157.5%$115/sqft |
Source: NWMLS as distributed by MLS GRID #867774 Report a problem | ||
| 8/20/2011 | Sold | $36,000-14.9%$44/sqft |
Source: NWMLS as distributed by MLS GRID #248527 Report a problem | ||
| 6/2/2011 | Sold | $42,302-69%$52/sqft |
Source: Public Record Report a problem | ||
| 10/9/2007 | Sold | $136,500+11.9%$169/sqft |
Source: Public Record Report a problem | ||
| 3/10/2006 | Sold | $122,000+107.1%$151/sqft |
Source: Public Record Report a problem | ||
| 6/30/2005 | Sold | $58,900-19.3%$73/sqft |
Source: Public Record Report a problem | ||
| 9/8/1999 | Sold | $73,000$90/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,813 +5.7% | $231,000 |
| 2024 | $2,660 -7.2% | $231,000 -12.5% |
| 2023 | $2,866 +20.5% | $264,000 +8.6% |
| 2022 | $2,378 +19.4% | $243,000 +38.1% |
| 2021 | $1,992 +3.3% | $176,000 +10% |
| 2020 | $1,928 +6.8% | $160,000 +5.3% |
| 2019 | $1,805 +35.1% | $152,000 +31% |
| 2018 | $1,336 -2.3% | $116,000 +20.8% |
| 2017 | $1,367 +32% | $96,000 +20% |
| 2016 | $1,036 | $80,000 -12.1% |
| 2015 | $1,036 | $91,000 +28.2% |
| 2014 | $1,036 | $71,000 +42% |
| 2013 | $1,036 | $50,000 -20.6% |
| 2012 | -- | $63,000 -30.8% |
| 2011 | -- | $91,000 -10.8% |
| 2010 | -- | $102,000 |
| 2009 | -- | $102,000 -3.8% |
| 2007 | -- | $106,000 +11.6% |
| 2006 | -- | $95,000 +6.7% |
| 2005 | -- | $89,000 +48.8% |
| 2001 | $818 +39% | $59,800 +47.7% |
| 2000 | $588 | $40,500 |
Find assessor info on the county website
Neighborhood: Mirror Lake
Nearby schools
GreatSchools rating
- 7/10Nautilus Elementary SchoolGrades: K-8Distance: 1.2 mi
- 3/10Federal Way Senior High SchoolGrades: 9-12Distance: 0.3 mi
- 5/10Sacajawea Middle SchoolGrades: 6-8Distance: 0.7 mi
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Estimated market value
$256,000
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$256,000
- Washington
- King County
- Federal Way
- 98003
- Mirror Lake
- 1003 S 308th Street Unit 2
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