Calling all investors with cash! This home offers lots of potential and opportunities, especially with its large, wide, corner lot that’s mostly fenced! There’s RV, boat and trailer parking + a work area and storage in the extra-large garage. Features include lots of hardwood floors, a door from the kitchen to deck for easy entertaining and BBQs, and a large utility room with sink. The wood fireplace insert is centrally located in the open floorplan between the living, family & dining rooms. You’ll appreciate the new gas water heater (2022) and new gas furnace (2020). Past updates include a new roof (2011) and conversion from septic to sewer. This home simply awaits some cleaning and care, or a whole new vision. Don’t miss this opportunity!
Sold
Listed by: Leading Advantage Realty • Jennifer Gilbert-Smith
Bought with: John L. Scott, Inc
$430,000
305 S 297th Street, Federal Way, WA 98003
3beds
1,320sqft
Single Family Residence
Built in 1962
10,798 Square Feet Lot
$569,500 Zestimate®
$326/sqft
$2,918 Estimated rent
Home value
$569,500
$535,000 - $598,000
$2,918/mo
Zestimate® history
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$2,647/mo
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List your homeWhat's special
Trailer parkingNew gas furnaceLarge utility roomNew gas water heaterOpen floorplanCorner lotNew roof
Zillow last checked:
Listing updated:
Listed by:
Jennifer Gilbert-Smith,
Leading Advantage Realty
Bought with:
Ramon H. Gutierrez, 5344
John L. Scott, Inc
Source: NWMLS as distributed by MLS GRID,MLS#: 2169793
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bedrooms: 3
Primary bedroom
- Level: Main
Bedroom
- Level: Main
Bedroom
- Level: Main
Bathroom full
- Level: Main
Other
- Level: Main
Dining room
- Level: Main
Entry hall
- Level: Main
Family room
- Level: Main
Kitchen without eating space
- Level: Main
Living room
- Level: Main
Utility room
- Level: Main
Heating
- Fireplace, Forced Air, Natural Gas
Cooling
- None
Appliances
- Included: Dishwasher_, Refrigerator_, StoveRange_, Dishwasher, Refrigerator, StoveRange, Water Heater: Gas, Water Heater Location: Utility Room
Features
- Dining Room
- Flooring: Hardwood, Vinyl
- Windows: Double Pane/Storm Window, Skylight(s)
- Number of fireplaces: 1
- Fireplace features: Wood Burning, Main Level: 1, Fireplace
Interior area
- Total structure area: 1,320
- Total interior livable area: 1,320 sqft
Property
Parking
- Total spaces: 3
- Parking features: RV Parking, Detached Carport, Driveway, Attached Garage, Off Street
- Attached garage spaces: 3
- Has carport: Yes
Features
- Levels: One
- Stories: 1
- Entry location: Main
- Patio & porch: Hardwood, Double Pane/Storm Window, Dining Room, Skylight(s), Fireplace, Water Heater
- Has view: Yes
- View description: Territorial
Lot
- Size: 10,798 Square Feet
- Features: Corner Lot, Paved, Cable TV, Deck, Fenced-Partially, Gas Available, High Speed Internet, RV Parking
- Topography: Level
Details
- Parcel number: 6928600340
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: 1 Story
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Year built: 1962
Utilities & green energy
- Electric: Company: Puget Sound Energy
- Sewer: Sewer Connected, Company: Lakehaven
- Water: Public, Company: Lakehaven
- Utilities for property: Comcast
Community & HOA
Community
- Subdivision: Marine Hills
Location
- Region: Federal Way
Financial & listing details
- Price per square foot: $326/sqft
- Tax assessed value: $558,000
- Annual tax amount: $4,962
- Date on market: 10/25/2023
- Cumulative days on market: 1000 days
- Inclusions: Dishwasher, Refrigerator, StoveRange
Price history
| Date | Event | Price |
|---|---|---|
| 10/27/2023 | Sold | $430,000+2.4%$326/sqft |
Source:  NWMLS as distributed by MLS GRID #2169793 Report a problem | ||
| 10/11/2023 | Pending sale | $419,900$318/sqft |
Source: NWMLS as distributed by MLS GRID #2169793 Report a problem | ||
| 10/9/2023 | Listed for sale | $419,900$318/sqft |
Source: NWMLS as distributed by MLS GRID #2169793 Report a problem | ||
| 11/5/2012 | Listing removed | $1,280$1/sqft |
Source: Owner Report a problem | ||
| 8/11/2012 | Price change | $1,280-6.9%$1/sqft |
Source: Hotpads for Rent Report a problem | ||
| 5/31/2012 | Listed for rent | $1,375+5.8%$1/sqft |
Source: Owner Report a problem | ||
| 5/12/2011 | Listing removed | $1,300$1/sqft |
Source: Owner Report a problem | ||
| 3/11/2011 | Listed for rent | $1,300$1/sqft |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,723 +10.9% | $558,000 +8.6% |
| 2024 | $5,161 +0.7% | $514,000 +10.5% |
| 2023 | $5,124 +3.3% | $465,000 -7.4% |
| 2022 | $4,962 +9.3% | $502,000 +26.1% |
| 2021 | $4,538 +15.3% | $398,000 +23.2% |
| 2020 | $3,936 +4.9% | $323,000 +3.5% |
| 2019 | $3,751 +8.7% | $312,000 +5.1% |
| 2018 | $3,450 -11.1% | $297,000 +9.6% |
| 2017 | $3,882 +29.6% | $271,000 +11.5% |
| 2016 | $2,995 | $243,000 +11.5% |
| 2015 | $2,995 | $218,000 +6.9% |
| 2014 | $2,995 | $204,000 +9.7% |
| 2013 | $2,995 | $186,000 +13.4% |
| 2012 | -- | $164,000 -6.3% |
| 2011 | -- | $175,000 -15.9% |
| 2010 | -- | $208,000 |
| 2009 | -- | $208,000 -2.8% |
| 2007 | -- | $214,000 +9.2% |
| 2006 | -- | $196,000 +6.5% |
| 2005 | -- | $184,000 +36.3% |
| 2001 | $1,829 +3% | $135,000 +7.1% |
| 2000 | $1,776 | $126,000 |
Find assessor info on the county website
Neighborhood: Marine Hills
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Nearby schools
GreatSchools rating
- 7/10Nautilus Elementary SchoolGrades: K-8Distance: 0.6 mi
- 3/10Federal Way Senior High SchoolGrades: 9-12Distance: 0.9 mi
- 5/10Sacajawea Middle SchoolGrades: 6-8Distance: 0.6 mi
Schools provided by the listing agent
- Elementary: Nautilus Elem
- Middle: Sacajawea Jnr High
- High: Federal Way Snr 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.
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Estimated market value
$569,500
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
$569,500
- Washington
- King County
- Federal Way
- 98003
- Marine Hills
- 305 S 297th Street
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