Incredibly well maintained, versatile 4-bedroom home on a beautiful half-acre lot in Federal Way. With 1,800 sq ft and a finished basement featuring a second kitchen and separate entrance, this property offers excellent flexibility for multigenerational living, guest space, or potential income-producing use. The park-like setting is enhanced by mature trees and generous outdoor space, creating a rare sense of privacy and room to spread out and entertain. A unique opportunity for buyers seeking both functionality and long-term potential.
Active
Listed by: Pellego, Inc.
Price cut: $26K (6/4)
$649,000
2138 SW 305th Street, Federal Way, WA 98023
4beds
1,800sqft
Single Family Residence
Built in 1979
0.5 Acres Lot
$638,000 Zestimate®
$361/sqft
$-- HOA
What's special
Second kitchenFinished basementSeparate entranceMature treesGenerous outdoor spaceRare sense of privacyBeautiful half-acre lot
- 86 days |
- 583 |
- 34 |
Zillow last checked:
Listing updated:
Listed by:
Kyle Thompson,
Pellego, Inc.
Source: NWMLS as distributed by MLS GRID,MLS#: 2501252
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 3
Primary bedroom
- Level: Main
Bedroom
- Level: Lower
Bedroom
- Level: Main
Bathroom full
- Level: Lower
Bathroom three quarter
- Level: Main
Dining room
- Level: Main
Entry hall
- Level: Split
Great room
- Level: Lower
Kitchen with eating space
- Level: Main
Kitchen without eating space
- Level: Lower
Living room
- Level: Main
Utility room
- Level: Lower
Heating
- Fireplace, Forced Air, Electric, Natural Gas
Cooling
- None
Appliances
- Included: Dishwasher, Dryer, Refrigerator, Stove(s)/Range(s), Trash Compactor, Washer, Dishwasher(s), Dryer(s), Refrigerator(s), Washer(s)
Features
- Dining Room
- Flooring: Laminate, Vinyl Plank, Carpet
- Basement: Daylight,Finished
- Number of fireplaces: 1
- Fireplace features: Wood Burning, Main Level: 1, Fireplace
Interior area
- Total structure area: 1,800
- Total interior livable area: 1,800 sqft
Property
Parking
- Parking features: Driveway, Off Street
Features
- Levels: Multi/Split
- Entry location: Split
- Patio & porch: Second Kitchen, Dining Room, Fireplace
Lot
- Size: 0.5 Acres
- Features: Cable TV, Fenced-Fully, High Speed Internet, Patio
Details
- Parcel number: 0051000080
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Split Entry
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Year built: 1979
Utilities & green energy
- Electric: Company: Puget Sound Energy
- Sewer: Septic Tank, Company: N/A
- Water: Public, Company: Lakehaven
- Utilities for property: Xfinity, Xfinity
Community & HOA
Community
- Subdivision: Adelaide
Location
- Region: Federal Way
Financial & listing details
- Price per square foot: $361/sqft
- Tax assessed value: $530,000
- Annual tax amount: $5,035
- Date on market: 4/1/2026
- Cumulative days on market: 87 days
- Listing terms: Conventional,FHA,VA Loan
- Inclusions: Dishwasher(s), Dryer(s), Refrigerator(s), Stove(s)/Range(s), Trash Compactor, Washer(s)
Estimated market value
$638,000
$606,000 - $670,000
$3,398/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/4/2026 | Price change | $649,000-3.9%$361/sqft |
Source:  NWMLS as distributed by MLS GRID #2501252 Report a problem | ||
| 4/2/2026 | Listed for sale | $675,000$375/sqft |
Source: NWMLS as distributed by MLS GRID #2501252 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,475 +8.7% | $530,000 +6.2% |
| 2024 | $5,035 +1.2% | $499,000 +10.6% |
| 2023 | $4,976 | $451,000 -7.4% |
| 2022 | -- | $487,000 +23.3% |
| 2021 | $4,506 +15.2% | $395,000 +23.1% |
| 2020 | $3,912 +5% | $321,000 +3.5% |
| 2019 | $3,727 +8.4% | $310,000 +4.7% |
| 2018 | $3,438 -11.1% | $296,000 +9.6% |
| 2017 | $3,868 +23.9% | $270,000 +11.6% |
| 2016 | $3,122 | $242,000 +6.1% |
| 2015 | $3,122 | $228,000 +7% |
| 2014 | $3,122 | $213,000 +9.8% |
| 2013 | $3,122 | $194,000 +2.6% |
| 2012 | -- | $189,000 -6.4% |
| 2011 | -- | $202,000 -16.2% |
| 2010 | -- | $241,000 |
| 2009 | -- | $241,000 +2.1% |
| 2007 | -- | $236,000 +9.3% |
| 2006 | -- | $216,000 +6.4% |
| 2005 | -- | $203,000 +36.2% |
| 2001 | $2,011 +3.1% | $149,000 +7.2% |
| 2000 | $1,951 | $139,000 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: Adelaide
Nearby schools
GreatSchools rating
- 4/10Adelaide Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 5/10Lakota Middle SchoolGrades: 6-8Distance: 0.7 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.
A local agent can set up tours, give advice and negotiate with sellers.
- Washington
- King County
- Federal Way
- 98023
- Adelaide
- 2138 SW 305th Street
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