Welcome home to this recently renovated condo in Chelsea Court! This spacious two bedroom and one bathroom condo features vaulted ceilings, ample natural light, a large interior storage area, all new flooring, paint, appliances, cabinets, quartz counters, light fixtures and more! Open loft can be used as a study/office space. Enjoy the resort style amenities including a community clubhouse with a pool, hot tub, and sauna. Ideal for relaxation or entertaining. Commuters will appreciate the great location that offers easy access to I-5, the Sounder light rail, and bus transit terminal. The vibrant neighborhood includes Steel Lake, shopping like Trader Joe's, and many restaurant options.
Active
Listed by: Better Properties Gig Harbor • James G Smith
$320,000
2502 S 317th Street #303, Federal Way, WA 98003
2beds
986sqft
Condominium
Built in 1980
-- sqft lot
$316,500 Zestimate®
$325/sqft
$470/mo HOA
What's special
Recently renovated condoResort style amenitiesAmple natural lightAll new flooringHot tubVaulted ceilingsQuartz counters
- 111 days
- 109
- 2
Zillow last checked:
Listing updated:
Listed by:
James G Smith,
Better Properties Gig Harbor
Source: NWMLS as distributed by MLS GRID,MLS#: 2520081
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Fireplace, Wall Furnace, Electric
Cooling
- None
Appliances
- Included: Dishwasher, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer, Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Washer(s), Water Heater: Electric, Water Heater Location: Closet, Cooking - Electric Hookup, Cooking-Electric, Dryer-Electric
- Laundry: Electric Dryer Hookup, Washer Hookup
Features
- Flooring: Vinyl Plank, Carpet
- Number of fireplaces: 1
- Fireplace features: Wood Burning, Main Level: 1, Fireplace
Interior area
- Total structure area: 986
- Total interior livable area: 986 sqft
Property
Parking
- Total spaces: 1
- Parking features: Carport
- Has carport: Yes
- Covered spaces: 1
Features
- Levels: Two
- Stories: 2
- Patio & porch: Cooking-Electric, Dryer-Electric, Fireplace, Top Floor, Walk-In Closet(s), Washer, Water Heater
Lot
- Size: 1,001 Square Feet
- Features: Paved
Details
- Parcel number: 1541800790
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Architectural style: Modern,Condo (2 Levels)
- Property subtype: Condominium
Materials
- Wood Siding
- Roof: Composition
Condition
- Year built: 1980
Utilities & green energy
- Electric: Company: Puget Sound Energy
- Sewer: Company: Covered by HOA
- Water: Company: Covered by HOA
Community & HOA
Community
- Features: Clubhouse, Pool
- Subdivision: Federal Way
HOA
- Services included: Common Area Maintenance, Sewer, Water
- HOA fee: $470 monthly
- HOA phone: 253-927-3076
Location
- Region: Federal Way
Financial & listing details
- Price per square foot: $325/sqft
- Tax assessed value: $242,000
- Annual tax amount: $3,100
- Date on market: 5/11/2026
- Cumulative days on market: 112 days
- Listing terms: Conventional,VA Loan
- Inclusions: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Estimated market value
$316,500
$301,000 - $332,000
$1,994/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/12/2026 | Listed for sale | $320,000+392.3%$325/sqft |
Source:  NWMLS as distributed by MLS GRID #2520081 Report a problem | ||
| 6/23/1993 | Sold | $65,000$66/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,873 +2.1% | $242,000 |
| 2024 | $2,813 -6.4% | $242,000 -12.3% |
| 2023 | $3,006 +23.8% | $276,000 +11.7% |
| 2022 | $2,428 +12% | $247,000 +29.3% |
| 2021 | $2,167 +6.7% | $191,000 +13.7% |
| 2020 | $2,031 +5.6% | $168,000 +5% |
| 2019 | $1,923 +27.6% | $160,000 +24% |
| 2018 | $1,506 -11.9% | $129,000 +8.4% |
| 2017 | $1,711 +71% | $119,000 +21.4% |
| 2016 | $1,000 | $98,000 +36.1% |
| 2015 | $1,000 | $72,000 +7.5% |
| 2014 | $1,000 | $67,000 +15.5% |
| 2013 | $1,000 | $58,000 +5.5% |
| 2012 | -- | $55,000 -45.5% |
| 2011 | -- | $101,000 -14.4% |
| 2010 | -- | $118,000 |
| 2009 | -- | $118,000 +4.4% |
| 2007 | -- | $113,000 +18.9% |
| 2006 | -- | $95,000 -2.1% |
| 2005 | -- | $97,000 +40.4% |
| 2001 | $938 +15.6% | $69,100 +21% |
| 2000 | $811 | $57,100 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Steel Lake
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