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 • Betina Finley
Bought with: Marketplace Sotheby's Intl Rty
$270,000
1003 S 308th Street #2, Federal Way, WA 98003
2beds
809sqft
Multi Family, Condominium
Built in 1977
-- sqft lot
$257,700 Zestimate®
$334/sqft
$1,858 Estimated rent
Home value
$257,700
$242,000 - $273,000
$1,858/mo
Zestimate® history
Owner options
List your home for rent
$1,858/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$1,858/mo
Rent Zestimate®
Refinance and save
$2,022/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$2,022/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
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: MultiFamily
- Architectural style: Traditional,Condo (2 Levels)
- Property subtype: Multi Family, Condominium
Materials
- Wood Siding
- Roof: Flat
Condition
- Year built: 1977
Utilities & green energy
Green energy
- Energy efficient items: Insulated Windows
Community & HOA
Community
- Subdivision: Federal Way
HOA
- Services included: Common Area Maintenance, Maintenance Grounds, Sewer, Water
- HOA fee: $349 monthly
- HOA phone: 253-874-5250
Location
- Region: Federal Way
Financial & listing details
- Price per square foot: $334/sqft
- Tax assessed value: $231,000
- Annual tax amount: $2,378
- Date on market: 7/15/2025
- Cumulative days on market: 372 days
- Listing terms: Conventional,FHA,VA Loan
- Inclusions: Dishwashers, Dryers, GarbageDisposal, Microwaves, Refrigerators, StovesRanges, Washers
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 homes
- $265,0002 bd1 ba811 sqft1003 S 308th St APT 21, Federal Way, WA 98003Sold
- $525,0005 bd3 ba2.9k sqft30649 10th Ave S, Federal Way, WA 98003Sold
- $799,7006 bd3 ba3.4k sqft30649 11th Ave S, Federal Way, WA 98003Off Market
- $445,0003 bd3 ba1.4k sqft919 S 310th Pl, Federal Way, WA 98003Sold
- $359,9502 bd2 ba1k sqft1002 S 312th St APT 114, Federal Way, WA 98003For Sale
- $395,0003 bd2 ba1.1k sqft1006 S 312th St APT 211, Federal Way, WA 98003Sold
- $305,0002 bd2 ba1k sqft1006 S 312th St APT 233, Federal Way, WA 98003Sold
- $346,5002 bd2 ba995 sqft1018 S 312th St APT 514, Federal Way, WA 98003Sold
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
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$257,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$257,700
- Washington
- King County
- Federal Way
- 98003
- Mirror Lake
- 1003 S 308th Street Unit 2
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Federal Way Topics
