New Price Alert – Now $799,000! Opportunity knocks with this move-in ready home on 1.03 private acres in Federal Way. Featuring fresh paint, new carpet, updated windows, and a versatile layout, this home is designed for flexibility and comfort. The bonus room with private entrance is perfect for multi-generational living, a home business, or rental potential. Enjoy a Jacuzzi tub, walk-in pantry, and two large storage sheds offering plenty of space. Whether you're looking to expand or enjoy the open space, this rare oversized lot offers endless possibilities. Located minutes from schools, parks, shopping, and I-5 for an easy commute. Exceptional value at $799K—don’t wait, schedule your private tour today!
Sold
Listed by: Pellego, Inc. • Nettasha Reese
Bought with: John L. Scott, Inc.
$750,000
1851 SW 304th Street, Federal Way, WA 98023
5beds
2,990sqft
Single Family Residence
Built in 1981
1.03 Acres Lot
$732,400 Zestimate®
$251/sqft
$4,166 Estimated rent
Home value
$732,400
$674,000 - $798,000
$4,166/mo
Zestimate® history
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$4,556/mo
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$4,556/mo
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List your homeWhat's special
Finished lower levelSpacious yardGenerous primary suiteSurrounded by naturePrivate oasisRelaxing in the jacuzzi
Zillow last checked:
Listing updated:
Listed by:
Nettasha Reese,
Pellego, Inc.
Bought with:
Ankie Stroes, 118510
John L. Scott, Inc.
Source: NWMLS as distributed by MLS GRID,MLS#: 2373341
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 1
- 3/4 bathrooms: 1
- 1/2 bathrooms: 1
Heating
- Fireplace, Heat Pump, Electric
Cooling
- Heat Pump
Appliances
- Included: Dishwasher(s), Disposal, Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s), Garbage Disposal, Water Heater: Electric, Water Heater Location: Lower Level
Features
- Bath Off Primary, Central Vacuum, Dining Room
- Flooring: Hardwood, Laminate, Vinyl, Carpet
- Windows: Double Pane/Storm Window
- Number of fireplaces: 1
- Fireplace features: Wood Burning, Lower Level: 1, Fireplace
Interior area
- Total structure area: 2,990
- Total interior livable area: 2,990 sqft
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Attached Garage, RV Parking
- Attached garage spaces: 2
Features
- Levels: Three Or More
- Entry location: Main
- Patio & porch: Bath Off Primary, Built-In Vacuum, Double Pane/Storm Window, Dining Room, Fireplace, Walk-In Closet(s), Walk-In Pantry, Water Heater
- Has spa: Yes
- Has view: Yes
- View description: Territorial
Lot
- Size: 1.03 Acres
- Dimensions: 1.03
- Features: Adjacent to Public Land, Curbs, Open Lot, Paved, Secluded, Sidewalk, High Speed Internet, Hot Tub/Spa, Outbuildings, Patio, RV Parking
- Residential vegetation: Brush, Wooded
Details
- Parcel number: 1121039161
- Zoning description: Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Tri-Level
- Property subtype: Single Family Residence
Materials
- Wood Products
- Foundation: Poured Concrete
- Roof: Flat
Condition
- Year built: 1981
Utilities & green energy
- Electric: Company: PSE
- Sewer: Septic Tank, Company: Lakehaven
- Water: Public, Company: Lakehaven
- Utilities for property: Comcast, Comcast
Community & HOA
Community
- Features: Park, Playground, Trail(s)
- Subdivision: Adelaide
Location
- Region: Federal Way
Financial & listing details
- Price per square foot: $251/sqft
- Tax assessed value: $803,000
- Annual tax amount: $7,946
- Date on market: 7/12/2025
- Cumulative days on market: 375 days
- Listing terms: Conventional,FHA,VA Loan
- Inclusions: Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Price history
| Date | Event | Price |
|---|---|---|
| 8/27/2025 | Sold | $750,000-6.1%$251/sqft |
Source:  NWMLS as distributed by MLS GRID #2373341 Report a problem | ||
| 7/25/2025 | Pending sale | $799,000$267/sqft |
Source: NWMLS as distributed by MLS GRID #2373341 Report a problem | ||
| 7/11/2025 | Price change | $799,000-3.6%$267/sqft |
Source: NWMLS as distributed by MLS GRID #2373341 Report a problem | ||
| 6/27/2025 | Price change | $829,000-1.9%$277/sqft |
Source: NWMLS as distributed by MLS GRID #2373341 Report a problem | ||
| 6/17/2025 | Price change | $845,000-3.4%$283/sqft |
Source: NWMLS as distributed by MLS GRID #2373341 Report a problem | ||
| 6/8/2025 | Price change | $875,000-2.7%$293/sqft |
Source: NWMLS as distributed by MLS GRID #2373341 Report a problem | ||
| 5/9/2025 | Listed for sale | $899,000+133.8%$301/sqft |
Source: NWMLS as distributed by MLS GRID #2373341 Report a problem | ||
| 7/26/2005 | Sold | $384,500$129/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,151 +2.6% | $803,000 -0.2% |
| 2024 | $7,947 +0.5% | $805,000 +10.6% |
| 2023 | $7,909 +3.3% | $728,000 -7.3% |
| 2022 | $7,655 +7.1% | $785,000 +23.4% |
| 2021 | $7,151 +9.8% | $636,000 +17.1% |
| 2020 | $6,510 +4.6% | $543,000 +3.6% |
| 2019 | $6,223 +20.9% | $524,000 +17% |
| 2018 | $5,147 -11.3% | $448,000 +9.5% |
| 2017 | $5,805 +23.9% | $409,000 +11.4% |
| 2016 | $4,684 | $367,000 +6.4% |
| 2015 | $4,684 | $345,000 +6.8% |
| 2014 | $4,684 | $323,000 +9.9% |
| 2013 | $4,684 | $294,000 -8.1% |
| 2012 | -- | $320,000 -6.2% |
| 2011 | -- | $341,000 -15.8% |
| 2010 | -- | $405,000 |
| 2009 | -- | $405,000 +12.8% |
| 2007 | -- | $359,000 +5.3% |
| 2006 | -- | $341,000 +11.1% |
| 2005 | -- | $307,000 +35.2% |
| 2001 | $3,025 +3.6% | $227,000 +7.6% |
| 2000 | $2,920 | $211,000 |
Find assessor info on the county website
Neighborhood: Adelaide
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Nearby schools
GreatSchools rating
- 4/10Adelaide Elementary SchoolGrades: PK-5Distance: 0.1 mi
- 5/10Lakota Middle SchoolGrades: 6-8Distance: 0.6 mi
- 4/10Decatur High SchoolGrades: 9-12Distance: 0.9 mi
Schools provided by the listing agent
- Elementary: Adelaide Elem
- Middle: Lakota Mid Sch
- High: Decatur High
Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$732,400
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
$732,400
- Washington
- King County
- Federal Way
- 98023
- Adelaide
- 1851 SW 304th Street
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