This updated top-floor unit offers 841 sqft featuring 1 bedroom, 1 bath, and a spacious loft with a closet—perfect for a home office or additional living space. Soaring ceilings and an abundance of natural light create a welcoming atmosphere, while the modern updates throughout make this unit a true gem. The loft area ideal for a cozy bedroom, or a creative space. Plus, this unit comes with a huge ample storage in the walk in closet to meet your needs. The Chelsea Court community offers a clubhouse, pool, hot tub, and sauna. Located just minutes from I-5, the upcoming light rail, parks, shopping, restaurants, and entertainment options, this home offers ultimate convenience. No rental cap makes this a great investment opportunity.
Sold
Listed by: Best Choice Realty LLC
Bought with: Better Properties Covington
$279,000
2522 S 317th Street #306, Federal Way, WA 98003
1beds
841sqft
Condominium
Built in 1980
-- sqft lot
$268,900 Zestimate®
$332/sqft
$1,711 Estimated rent
Home value
$268,900
$247,000 - $293,000
$1,711/mo
Zestimate® history
Owner options
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$1,711/mo
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$2,123/mo
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List your homeWhat's special
Spacious loftModern updatesSoaring ceilingsWalk in closetAbundance of natural light
Zillow last checked:
Listing updated:
Listed by:
Jinho Shin,
Best Choice Realty LLC
Bought with:
Ievgen Dimov, 19924
Better Properties Covington
Source: NWMLS as distributed by MLS GRID,MLS#: 2347759
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Bedroom
- Level: Main
Bathroom full
- Level: Main
Family room
- Level: Main
Kitchen with eating space
- Level: Main
Heating
- Fireplace, Baseboard, Electric
Cooling
- None
Appliances
- Included: Dishwasher(s), Disposal, Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s), Garbage Disposal, Cooking-Gas, Dryer-Electric, Washer
- Laundry: Electric Dryer Hookup, Washer Hookup
Features
- Flooring: Ceramic Tile, Carpet
- Number of fireplaces: 1
- Fireplace features: Wood Burning, Main Level: 1, Fireplace
Interior area
- Total structure area: 841
- Total interior livable area: 841 sqft
Property
Parking
- Total spaces: 1
- Parking features: Carport
- Has carport: Yes
- Covered spaces: 1
Features
- Levels: Two
- Stories: 2
- Patio & porch: Ceramic Tile, Cooking-Gas, Dryer-Electric, Fireplace, Washer
- Spa features: Community
- Has view: Yes
- View description: Territorial
Lot
- Features: Paved, Sidewalk
Details
- Parcel number: 1541800580
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Wood Products
- Roof: Composition
Condition
- Year built: 1980
- Major remodel year: 1980
Utilities & green energy
- Electric: Company: PSE
- Sewer: Company: HOA
- Water: Company: HOA
Community & neighborhood
Community
- Community features: Cable TV, Clubhouse, Game/Rec Rm, Pool, Sauna
Location
- Region: Federal Way
- Subdivision: Federal Way
HOA & financial
HOA
- HOA fee: $447 monthly
- Services included: Common Area Maintenance, Sewer, Water
- Association phone: 253-838-4100
Other
Other facts
- Listing terms: Conventional,VA Loan
- Cumulative days on market: 256 days
Price history
| Date | Event | Price |
|---|---|---|
| 4/17/2025 | Sold | $279,000$332/sqft |
Source:  NWMLS as distributed by MLS GRID #2347759 Report a problem | ||
| 3/27/2025 | Pending sale | $279,000$332/sqft |
Source: NWMLS as distributed by MLS GRID #2347759 Report a problem | ||
| 3/22/2025 | Listed for sale | $279,000+92.4%$332/sqft |
Source: NWMLS as distributed by MLS GRID #2347759 Report a problem | ||
| 11/2/2016 | Sold | $145,000-3.3%$172/sqft |
Source: NWMLS as distributed by MLS GRID #1020411 Report a problem | ||
| 8/29/2016 | Listed for sale | $150,000+140%$178/sqft |
Source: Erik Mehr and Associates #1020411 Report a problem | ||
| 11/10/1998 | Sold | $62,500$74/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,012 +5.4% | $256,000 +4.1% |
| 2024 | $2,859 -6.9% | $246,000 -12.8% |
| 2023 | $3,070 +24.5% | $282,000 +12.4% |
| 2022 | $2,466 +12.1% | $251,000 +29.4% |
| 2021 | $2,200 +5.9% | $194,000 +12.8% |
| 2020 | $2,078 +6.1% | $172,000 +5.5% |
| 2019 | $1,958 +26.2% | $163,000 +22.6% |
| 2018 | $1,551 -11.5% | $133,000 +9% |
| 2017 | $1,753 +72.7% | $122,000 +20.8% |
| 2016 | $1,015 | $101,000 +36.5% |
| 2015 | $1,015 | $74,000 +8.8% |
| 2014 | $1,015 | $68,000 +15.3% |
| 2013 | $1,015 | $59,000 +5.4% |
| 2012 | -- | $56,000 -45.6% |
| 2011 | -- | $103,000 -14.9% |
| 2010 | -- | $121,000 |
| 2009 | -- | $121,000 +4.3% |
| 2007 | -- | $116,000 +18.4% |
| 2006 | -- | $98,000 -2% |
| 2005 | -- | $100,000 +40.3% |
| 2001 | $967 +15.9% | $71,300 +21.3% |
| 2000 | $834 | $58,800 |
Find assessor info on the county website
Neighborhood: Steel Lake
Nearby schools
GreatSchools rating
- 5/10Wildwood Elementary SchoolGrades: PK-5Distance: 1 mi
- 5/10Sacajawea Middle SchoolGrades: 6-8Distance: 1.4 mi
- 3/10Federal Way Senior High SchoolGrades: 9-12Distance: 0.9 mi
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Estimated market value
$268,900
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
$268,900
- Washington
- King County
- Federal Way
- 98003
- Steel Lake
- 2522 S 317th Street Unit 306
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