Sold

Listed by: Keller Williams Rty Tacoma • Justin C. Smith

Bought with: Every Door Real Estate

$390,000

32525 1st Place S #165, Federal Way, WA 98003

2beds

1,354sqft

Condominium

Built in 1978

-- sqft lot

$383,100 Zestimate^®

$288/sqft

$2,282 Estimated rent

Home value

$383,100

$352,000 - $414,000

$2,282/mo

Zestimate^® history

Owner options

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$2,282/mo

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$2,282/mo

Rent Zestimate^®

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$2,904/mo

Est. payment

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$2,904/mo

Est. payment

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What's special

Beautifully updated townhome in a prime Federal Way location in the gorgeous, quiet gated community of Colonial Forest. Inviting front porch welcomes you into a bright, efficient layout with beautiful LVP flooring throughout. Living room features a cozy gas fireplace & the stylishly updated kitchen features all new stainless steel appliances & a pantry with a built-in coffee/appliance nook. Many views from the home, including your private balcony, overlook the great lawn & surrounding trees. Updates include fresh paint, trim, baseboards, interior/exterior doors, hardware, new electrical system & more! Plenty of storage throughout + a private garage! Perfect location with easy access to library, shopping, dining & trails.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 1
1/2 bathrooms: 1
Main level bathrooms: 1

Dining room

Level: Main

Entry hall

Level: Main

Kitchen with eating space

Level: Main

Heating

Baseboard, Wall Furnace, Electric

Cooling

None

Appliances

Included: Dishwasher, Dryer, Refrigerator, Stove(s)/Range(s), Washer, Dishwasher(s), Dryer(s), Refrigerator(s), Washer(s)

Features

Flooring: Vinyl Plank
Has fireplace: No

Interior area

Total structure area: 1,354
Total interior livable area: 1,354 sqft

Property

Parking

Total spaces: 2
Parking features: Individual Garage
Has garage: Yes
Covered spaces: 2

Features

Levels: Multi/Split
Entry location: Main
Has view: Yes
View description: Territorial

Details

Parcel number: 1697300880
Special conditions: Standard

Construction

Type & style

Home type: Condo
Architectural style: Townhouse
Property subtype: Condominium

Materials

Metal/Vinyl, Wood Siding, Wood Products
Roof: Composition

Condition

Year built: 1978

Utilities & green energy

Electric: Company: PSE
Sewer: Company: HOA
Water: Company: HOA

Community & HOA

Community

Features: Cable TV, Outside Entry
Subdivision: Federal Way

HOA

Services included: Cable TV, Common Area Maintenance, Earthquake Insurance, Maintenance Grounds, Road Maintenance, Water
HOA fee: $540 monthly

Location

Region: Federal Way

Financial & listing details

Price per square foot: $288/sqft
Tax assessed value: $151,000
Annual tax amount: $4,290
Date on market: 2/5/2026
Cumulative days on market: 72 days
Listing terms: Conventional,FHA,VA Loan
Inclusions: Dishwasher(s), Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)

Price history

Date	Event	Price
3/18/2026	Sold	$390,000-4.9%$288/sqft
Source: NWMLS as distributed by MLS GRID #2459437 Report a problem
2/25/2026	Pending sale	$410,000$303/sqft
Source: NWMLS as distributed by MLS GRID #2459437 Report a problem
2/10/2026	Price change	$410,000-2.4%$303/sqft
Source: NWMLS as distributed by MLS GRID #2459437 Report a problem
1/27/2026	Listed for sale	$420,000$310/sqft
Source: NWMLS as distributed by MLS GRID #2459437 Report a problem
1/16/2026	Pending sale	$420,000$310/sqft
Source: NWMLS as distributed by MLS GRID #2459437 Report a problem
12/5/2025	Listed for sale	$420,000$310/sqft
Source: NWMLS as distributed by MLS GRID #2459437 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2015	$2,360	$151,000 -5%
2014	$2,360 +19.1%	$159,000 +32.5%
2013	$1,981 +9.9%	$120,000 +13.2%
2012	$1,802 -6.7%	$106,000 -21.5%
2011	$1,931 -14.2%	$135,000 -22.9%
2010	$2,249 -0.2%	$175,000
2009	$2,254 -11.4%	$175,000 -23.2%
2008	$2,544 +5.9%	$228,000 +10.1%
2007	$2,402 +32.8%	$207,000 +37.1%
2006	$1,809 +1.8%	$151,000 +5.6%
2005	$1,777 +4.2%	$143,000 +7.5%
2004	$1,705	$133,000