Complete exterior paint completed in summer of 2024. Professionally managed quadplex abuts Panther lake and walking trails. Fully occupied units, One bed/one bath Loft style townhome units and two bedroom /one bath lower units for easy rentability, All units have Washer/dryer, fireplaces, DW, balcony or deck. 4 Covered carport may tandem park and 3 uncovered guest spots. Community sports court and play area,.Very close to all shopping needs of big box and boutique shops. I-5, Hwy 18 and 99 access. Federal Way Light rail completed December 2025. Maybe a good property for owner occupied for easy finance
Active
Listed by: Skyline Properties, Inc. • Sonny Kwan
Price cut: $51K (7/2)
$799,000
34019 1st Circle S, Federal Way, WA 98003
6beds
4baths
2,712sqft
Quadruplex, Multi Family
Built in 1979
-- sqft lot
$790,600 Zestimate®
$295/sqft
$677/mo HOA
What's special
- 121 days |
- 244 |
- 22 |
Zillow last checked:
Listing updated:
Listed by:
Sonny Kwan,
Skyline Properties, Inc.
Source: NWMLS as distributed by MLS GRID,MLS#: 2501184
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
Heating
- Radiant, Electric
Cooling
- None
Features
- Flooring: Vinyl, Vinyl Plank, Carpet
- Windows: Thermal Windows
- Has fireplace: No
Interior area
- Total structure area: 2,712
- Total interior livable area: 2,712 sqft
Property
Parking
- Total spaces: 8
- Carport spaces: 4
- Uncovered spaces: 4
Features
- Has view: Yes
- View description: Territorial
Lot
- Size: 10,524 Square Feet
- Features: Curbs, Paved, Sidewalk, Athletic Court, Deck, Patio
Details
- Parcel number: 132202046000
- Zoning description: Multi-Family,Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: 4-Plex
- Property subtype: Quadruplex, Multi Family
Materials
- Wood Siding
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Good
- Year built: 1979
- Major remodel year: 2005
Utilities & green energy
- Electric: Company: PSE
- Sewer: Sewer Connected, Company: Lake haven
- Water: Public, Company: Lake Haven
Green energy
- Energy efficient items: Thermal Windows
Community & HOA
Community
- Subdivision: Panther Lake
HOA
- HOA fee: $677 monthly
Location
- Region: Federal Way
Financial & listing details
- Price per square foot: $295/sqft
- Tax assessed value: $800,000
- Annual tax amount: $8,236
- Date on market: 4/22/2026
- Cumulative days on market: 122 days
- Listing terms: Conventional
Estimated market value
$790,600
$751,000 - $830,000
$2,064/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/2/2026 | Price change | $799,000-6%$295/sqft |
Source:  NWMLS as distributed by MLS GRID #2501184 Report a problem | ||
| 4/22/2026 | Listed for sale | $850,000+1033.8%$313/sqft |
Source: NWMLS as distributed by MLS GRID #2501184 Report a problem | ||
| 8/3/2004 | Sold | $74,970$28/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,871 +7.7% | $800,000 +3.9% |
| 2024 | $8,236 +0% | $770,000 +2% |
| 2023 | $8,233 +10.2% | $755,000 -0.9% |
| 2022 | $7,472 +1.2% | $762,000 +16.5% |
| 2021 | $7,381 +2.1% | $654,000 +8.6% |
| 2020 | $7,230 +8.6% | $602,000 +7.5% |
| 2019 | $6,654 +22.8% | $560,000 +18.9% |
| 2018 | $5,418 -6.4% | $471,000 +15.7% |
| 2017 | $5,789 +24.1% | $407,000 +10% |
| 2016 | $4,666 | $370,000 +0.5% |
| 2015 | $4,666 | $368,000 +14.6% |
| 2014 | $4,666 | $321,000 -9.1% |
| 2013 | $4,666 | $353,000 +9.6% |
| 2012 | -- | $322,000 |
| 2011 | -- | $322,000 +0.9% |
| 2010 | -- | $319,000 |
| 2009 | -- | $319,000 +2.9% |
| 2007 | -- | $310,000 +47.6% |
| 2006 | -- | $210,000 |
| 2005 | -- | $210,000 +16% |
| 2001 | $2,442 -5.6% | $181,000 -2.2% |
| 2000 | $2,585 | $185,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: West Campus
Nearby schools
GreatSchools rating
- 2/10Panther Lake Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 4/10Illahee Middle SchoolGrades: 5-8Distance: 1.3 mi
- 3/10Todd Beamer High SchoolGrades: 9-12Distance: 1.6 mi
Schools provided by the listing agent
- Elementary: Panther Lake Elem
- Middle: Illahee Jnr High
- High: Todd Beamer 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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