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  • Listed by: HomeSmart Real Estate Assoc • Rochelle Bauer
    Price cut: $2K (7/8)
    $240,000

    4540 SW 321st #Q1, Federal Way, WA 98023

    2beds
    785sqft
    : 
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    Condominium
    Built in 1977
    -- sqft lot
    $235,400 Zestimate®
    $306/sqft
    $530/mo HOA

    What's special

    Abundant open parkingNew vinyl flooringBeautifully landscaped groundsPrivate outdoor storageSurrounded by towering evergreensElectric rangeInsulated energy-efficient windows
    Welcome to Maplewood Condominiums in the desirable Dash Point community of Federal Way. Surrounded by towering evergreens & conveniently located betwn Twin Lakes Golf & Country Club & Dash Point State Park, this beautifully updated top-floor 2-br, 1b condo offers comfort, style, & easy living in a peaceful setting. Inside, you’ll find 785 sqft of thoughtfully designed living space featuring new vinyl flooring, insulated energy-efficient windows, & a bright open layout. The updatd kitchen includes brand-new stainless steel appliances, including an electric range, refrigerator, and dishwasher, plus a convenient eating space. The fully remodeled bathr showcases modern finishes and stylish upgrades, while the spacious primary br features a custom walk-in closet for exceptional storage & organization. Enjoy the convenience of private outdoor storage, abundant open parking, & access to. well-maintained community amenities including a swimming pool, athletic court, garden space, and beautifully landscaped grounds. HOA dues incl water, sewer, common area maintenance, rd maintenance, snow removal, security services, & more for worry-free ownership. Ideally located just minutes from Dash Point State Park’s trails and beaches, The Commons at Federal Way, shopping, dining, & major commuter routes including I-5 and Highway 18. Easy access to Tacoma, Seattle, and SeaTac Airport.
    52 days
    |
    189
    |
    7
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Rochelle Bauer,

    HomeSmart Real Estate Assoc

    Source: NWMLS as distributed by MLS GRID,MLS#: 2525378MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      • Full bathrooms: 1
      • Main level bathrooms: 1
      • Main level bedrooms: 2
      Primary bedroom
      • Level: Main
      Bedroom
      • Level: Main
      Bathroom full
      • Level: Main
      Kitchen with eating space
      • Level: Main
      Heating
      • Baseboard, Electric
      Cooling
      • None
      Appliances
      • Included: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer, Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Washer(s), Water Heater: electric, Cooking - Electric Hookup, Cooking-Electric, Dryer-Electric
      • Laundry: Electric Dryer Hookup, Washer Hookup
      Features
      • Flooring: Laminate
      • Windows: Coverings: yes
      • Has fireplace: No
      Interior area
      • Total structure area: 785
      • Total interior livable area: 785 sqft

      Property

      Parking
      • Total spaces: 1
      • Parking features: Uncovered
      • Uncovered spaces: 1
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Cooking-Electric, Dryer-Electric, Ground Floor, Washer, Water Heater
      • Has view: Yes
      • View description: Territorial
      Lot
      • Size: 11.63 Acres
      Details
      • Parcel number: 5126001450
      • Special conditions: Standard
      • Other equipment: Leased Equipment: no

      Construction

      Type & style
      • Home type: Condo
      • Architectural style: Condo (2 Levels)
      • Property subtype: Condominium
      Materials
      • Wood Products
      • Roof: Composition
      Condition
      • Year built: 1977
      • Major remodel year: 1977

      Utilities & green energy

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

      Community & HOA

      Community
      • Security: Security Service
      • Subdivision: Federal Way
      HOA
      • Services included: Common Area Maintenance, Maintenance Grounds, Road Maintenance, Security, Sewer, Snow Removal, Water
      • HOA fee: $530 monthly
      • HOA phone: 253-952-2242
      Location
      • Region: Federal Way

      Financial & listing details

      • Price per square foot: $306/sqft
      • Annual tax amount: $2,794
      • Date on market: 5/16/2026
      • Cumulative days on market: 54 days
      • Listing terms: Conventional,VA Loan
      • Inclusions: Dishwasher(s), Dryer(s), Garbage Disposal, Leased Equipment, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)

        Estimated market value

        $235,400

        $224,000 - $247,000

        $1,709/mo

        Price history

        DateEventPrice
        7/8/2026Price change$240,000-0.8%$306/sqft
        Source: NWMLS as distributed by MLS GRID #2525378 Report a problem
        5/17/2026Listed for sale$242,000$308/sqft
        Source: NWMLS as distributed by MLS GRID #2525378 Report a problem
        5/15/2021Listing removed--
        Source: Zillow Rental Manager Report a problem
        5/8/2021Listed for rent$1,400$2/sqft
        Source: Zillow Rental Manager Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Twin Lakes

        Getting around

        38 / 100
        Car-Dependent
        23 / 100
        Minimal Transit
        33 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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