Fantastic FHA APPROVED 2bd/2 bath home in small, gated Federal Way enclave. With only 61 homes in the entire development, this townhome is a must see! Located on top end with a private yard & 1 CAR attached garage, you'll find plenty of reasons to snatch this one up FAST! Open concept features generous sized living room w/gas fireplace, sunny kitchen & dining room w/awesome patio access! BIG master suite includes a Lg bath upstairs + guest bath & addtl bedroom on main! ALL appliances stay, too!
Sold for $380,000
Street View
$380,000
2026 S 368th Pl #502, Federal Way, WA 98003
2beds
1,240sqft
Townhouse
Built in 1995
6.62 Acres Lot
$362,500 Zestimate®
$306/sqft
$2,280 Estimated rent
Home value
$362,500
$334,000 - $395,000
$2,280/mo
Zestimate® history
Owner options
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$2,280/mo
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$2,719/mo
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$2,719/mo
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced air
Appliances
- Included: Dishwasher, Range / Oven, Refrigerator
Features
- Flooring: Carpet, Linoleum / Vinyl
- Has fireplace: Yes
Interior area
- Total interior livable area: 1,240 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage - Attached
Features
- Exterior features: Vinyl, Metal
- Has view: Yes
- View description: Territorial
Lot
- Size: 6.62 Acres
Details
- Parcel number: 7212450320
Construction
Type & style
- Home type: Townhouse
Materials
- wood frame
- Roof: Composition
Condition
- Year built: 1995
Community & HOA
HOA
- Has HOA: Yes
- HOA fee: $415 monthly
Location
- Region: Federal Way
Financial & listing details
- Price per square foot: $306/sqft
- Tax assessed value: $423,000
- Annual tax amount: $4,809
Price history
| Date | Event | Price |
|---|---|---|
| 5/2/2025 | Sold | $380,000+20.6%$306/sqft |
Source: Public Record Report a problem | ||
| 9/4/2020 | Sold | $315,000+176.6%$254/sqft |
Source:  NWMLS as distributed by MLS GRID #1636598 Report a problem | ||
| 11/27/1996 | Sold | $113,900$92/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,809 +10.6% | $423,000 +6.8% |
| 2024 | $4,348 -3.3% | $396,000 -4.1% |
| 2023 | $4,498 +22.1% | $413,000 +10.1% |
| 2022 | $3,684 +6.7% | $375,000 +23% |
| 2021 | $3,454 -0.8% | $305,000 +5.5% |
| 2020 | $3,481 +4.3% | $289,000 +2.8% |
| 2019 | $3,338 +10.2% | $281,000 +6.4% |
| 2018 | $3,030 -9.5% | $264,000 +11.9% |
| 2017 | $3,347 +15.1% | $236,000 +2.6% |
| 2016 | $2,908 | $230,000 +17.3% |
| 2015 | $2,908 | $196,000 -2.5% |
| 2014 | $2,908 | $201,000 +53.4% |
| 2013 | $2,908 | $131,000 +15.9% |
| 2012 | -- | $113,000 -28.9% |
| 2011 | -- | $159,000 -22.1% |
| 2010 | -- | $204,000 |
| 2009 | -- | $204,000 -5.1% |
| 2007 | -- | $215,000 +25% |
| 2006 | -- | $172,000 +5.5% |
| 2005 | -- | $163,000 +30.3% |
| 2001 | $1,715 +3.7% | $125,100 +6.9% |
| 2000 | $1,654 | $117,000 |
Find assessor info on the county website
Neighborhood: 98003
Nearby homes
- $434,3003 bd2 ba1.2k sqft1900 S 368th Pl #101, Federal Way, WA 98003Off Market
- $367,6002 bd2 ba1.1k sqft1904 S 368th Pl #102, Federal Way, WA 98003Off Market
- $357,2002 bd2 ba1k sqft1906 S 368th Pl #103, Federal Way, WA 98003Off Market
- $414,9003 bd2 ba1.4k sqft1975 S 368th Pl #901, Federal Way, WA 98003Off Market
- $515,5003 bd2 ba1.2k sqft1971 S 368th Pl #902, Federal Way, WA 98003Off Market
- $302,6001 bd1 ba919 sqft1973 S 368th Pl #903, Federal Way, WA 98003Off Market
- $405,8003 bd2 ba1.2k sqft1905 S 368th Pl #1001, Federal Way, WA 98003Off Market
- $348,2002 bd2 ba1k sqft1911 S 368th Pl #1002, Federal Way, WA 98003Off Market
- $363,1002 bd2 ba1.2k sqft1913 S 368th Pl #1003, Federal Way, WA 98003Off Market
Nearby schools
GreatSchools rating
- 4/10Rainier View Elementary SchoolGrades: PK-5Distance: 0.6 mi
- 4/10Sequoyah Middle SchoolGrades: 6-8Distance: 1 mi
- 3/10Todd Beamer High SchoolGrades: 9-12Distance: 0.6 mi
Schools provided by the listing agent
- High: Todd Beamer High
- District: Federal Way
Source: The MLS. 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
$362,500
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
$362,500
- Washington
- King County
- Federal Way
- 98003
- 2026 S 368th Pl Unit 502
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