Developers dream location in Steel Lake Neighborhood. Shy of 2 acres, this flat land is ideal for developing… or enjoy a peaceful home with land and shop to call home. 3 bedrooms, 2 baths, 2670 sqft with electric gate and massive shop complete with auto hoist. The outside space is perfect for entertaining with outside kitchen area, BBQ, Pool, Fountain and fully fenced. Metal Roof with lifetime warranty that transfers to new owners and newer HVAC system. A short distance to Celebration Park & Fed Way Transit Ctr. Minutes to I-5 + Future Light Rail Station south of Steel Lake, near Poverty Bay & the East Passage. Plenty of parking & access to property for ease of development. RS7.2 Zoning.
Sold
Listed by: Keller Williams South Sound
Bought with: Keller Williams Rlty Bellevue
$1,085,000
2655 S 298th Street, Federal Way, WA 98003
3beds
2,670sqft
Single Family Residence
Built in 1943
1.73 Acres Lot
$1,035,200 Zestimate®
$406/sqft
$3,747 Estimated rent
Home value
$1,035,200
$952,000 - $1.13M
$3,747/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Terry Toth,
Keller Williams South Sound
Bought with:
Stas Repin, 24005610
Keller Williams Rlty Bellevue
Source: NWMLS as distributed by MLS GRID,MLS#: 2298300
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
- Main level bathrooms: 1
Primary bedroom
- Level: Second
Bedroom
- Level: Second
Bedroom
- Level: Second
Bathroom full
- Level: Main
Bathroom three quarter
- Level: Second
Bonus room
- Level: Main
Den office
- Level: Main
Dining room
- Level: Main
Entry hall
- Level: Main
Family room
- Level: Main
Kitchen with eating space
- Level: Main
Rec room
- Level: Lower
Utility room
- Level: Main
Heating
- Fireplace, 90%+ High Efficiency, Forced Air, Heat Pump, Electric
Cooling
- Forced Air, Heat Pump
Appliances
- Included: Dishwasher(s), Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s), Water Heater: On Demand- tankless, Water Heater Location: Laundry
Features
- Ceiling Fan(s), Dining Room
- Flooring: Bamboo/Cork, Ceramic Tile, Vinyl, Carpet
- Windows: Double Pane/Storm Window, Skylight(s)
- Basement: Finished
- Number of fireplaces: 1
- Fireplace features: Pellet Stove, Main Level: 1, Fireplace
Interior area
- Total structure area: 2,670
- Total interior livable area: 2,670 sqft
Property
Parking
- Total spaces: 5
- Parking features: Driveway, Attached Garage, RV Parking
- Attached garage spaces: 5
Features
- Levels: Three Or More
- Entry location: Main
- Patio & porch: Bamboo/Cork, Ceiling Fan(s), Ceramic Tile, Double Pane/Storm Window, Dining Room, Fireplace, Security System, Skylight(s), Walk-In Closet(s), Wall to Wall Carpet, Water Heater
- Pool features: Above Ground
- Has view: Yes
- View description: Territorial
Lot
- Size: 1.73 Acres
- Features: Paved, Cable TV, Fenced-Fully, High Speed Internet, Outbuildings, Patio, RV Parking, Shop
- Topography: Level
- Residential vegetation: Fruit Trees, Garden Space
Details
- Parcel number: 7683800300
- Zoning description: RS7.2
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Wood Siding, Wood Products
- Foundation: Poured Concrete
- Roof: Metal,See Remarks
Condition
- Year built: 1943
- Major remodel year: 1943
Utilities & green energy
- Electric: Company: PSE
- Sewer: Septic Tank, Company: Septic
- Water: Public, Company: Lakehaven
Community & neighborhood
Security
- Security features: Security System
Location
- Region: Federal Way
- Subdivision: Federal Way
Other
Other facts
- Listing terms: Conventional,VA Loan
- Cumulative days on market: 472 days
Price history
| Date | Event | Price |
|---|---|---|
| 12/11/2024 | Sold | $1,085,000-9.6%$406/sqft |
Source:  NWMLS as distributed by MLS GRID #2298300 Report a problem | ||
| 11/4/2024 | Pending sale | $1,200,000$449/sqft |
Source: NWMLS as distributed by MLS GRID #2298300 Report a problem | ||
| 10/3/2024 | Listed for sale | $1,200,000+566.7%$449/sqft |
Source: NWMLS as distributed by MLS GRID #2298300 Report a problem | ||
| 6/2/1998 | Sold | $180,000$67/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,580 +7% | $744,000 +4.3% |
| 2024 | $7,087 +0.2% | $713,000 +9.9% |
| 2023 | $7,073 -6% | $649,000 -15.8% |
| 2022 | $7,522 +13% | $771,000 +30.5% |
| 2021 | $6,657 +9.5% | $591,000 +16.8% |
| 2020 | $6,077 +5.4% | $506,000 +4.3% |
| 2019 | $5,768 +9.4% | $485,000 +5.7% |
| 2018 | $5,271 -10.1% | $459,000 +11.1% |
| 2017 | $5,861 +52.9% | $413,000 +8.7% |
| 2016 | $3,832 | $380,000 +27.1% |
| 2015 | $3,832 | $299,000 +13.7% |
| 2014 | $3,832 | $263,000 +18.5% |
| 2013 | $3,832 | $222,000 +4.7% |
| 2012 | -- | $212,000 -7% |
| 2011 | -- | $228,000 -25% |
| 2010 | -- | $304,000 |
| 2009 | -- | $304,000 -2.3% |
| 2007 | -- | $311,000 +5.8% |
| 2006 | -- | $294,000 +0.7% |
| 2005 | -- | $292,000 +44.6% |
| 2001 | $2,710 +5.1% | $202,000 +9.2% |
| 2000 | $2,579 | $185,000 |
Find assessor info on the county website
Neighborhood: Steel Lake
Nearby schools
GreatSchools rating
- 5/10Wildwood Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 5/10Sacajawea Middle SchoolGrades: 6-8Distance: 1 mi
- 3/10Federal Way Senior High SchoolGrades: 9-12Distance: 1 mi
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Estimated market value
$1,035,200
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Estimated market value
$1,035,200
- Washington
- King County
- Federal Way
- 98003
- Steel Lake
- 2655 S 298th Street
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