Nestled in a prime Federal Way location, this move-in ready home is just minutes from the sandy shores of Redondo Beach and the scenic trails of Dash Point State Park. Enjoy the perfect PNW lifestyle outside, paired with exceptional value inside. Major system updates are already done for you: a brand-new septic system, an upgraded electrical panel, and a pristine new roof complete with fresh gutters. Step inside to a bright, inviting space featuring a crisp, brand-new interior paint job that offers a perfect neutral canvas. The functional layout maximizes natural light, making it a wonderful retreat after a day by the water. As a closing bonus, grass seed will be laid down prior to closing to jumpstart your future yard. Combining the ultimate location near beaches, parks, shopping, and easy access to public transportation with major system updates already checked off, this property is a rare find. Schedule your tour today!
Pending
Listed by: COMPASS • Alec Klasna
Price cut: $15K (7/29)
$414,950
842 SW 305th Street, Federal Way, WA 98023
2beds
810sqft
:
Get pre-qualified$2,551/mo
Single Family Residence
Built in 1959
8,424 Square Feet Lot
$411,500 Zestimate®
$512/sqft
$-- HOA
What's special
Fresh guttersPristine new roofBright inviting space
- 31 days |
- 724 |
- 44 |
Zillow last checked:
Listing updated:
Offers reviewed: Jul 13
Listed by:
Alec Klasna,
COMPASS,
David Pannen,
COMPASS
Source: NWMLS as distributed by MLS GRID,MLS#: 2550050
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Bedroom
- Level: Main
Bedroom
- Level: Main
Bathroom full
- Level: Main
Kitchen with eating space
- Level: Main
Living room
- Level: Main
Heating
- Forced Air, Natural Gas
Cooling
- None
Appliances
- Included: Dishwasher, Dryer, Refrigerator, Stove(s)/Range(s), Dishwasher(s), Dryer(s), Refrigerator(s), Water Heater: Gas, Water Heater Location: Closet
Features
- Flooring: Hardwood, Vinyl
- Windows: Dbl Pane/Storm Window
- Basement: None
- Has fireplace: No
Interior area
- Total structure area: 810
- Total interior livable area: 810 sqft
Property
Parking
- Total spaces: 3
- Parking features: Driveway
- Uncovered spaces: 3
Features
- Levels: One
- Stories: 1
- Patio & porch: Dbl Pane/Storm Window, Water Heater
Lot
- Size: 8,424 Square Feet
- Features: Outbuildings, Patio
- Topography: Level,Partial Slope
- Residential vegetation: Brush
Details
- Parcel number: 1788700085
- Zoning: RS7.2
- Zoning description: Jurisdiction: County
- 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
- Good
- Year built: 1959
- Major remodel year: 1959
Utilities & green energy
- Electric: Company: PSE
- Sewer: Septic Tank, Company: SEPTIC
- Water: Public, Company: Lake Haven
- Utilities for property: Xfinity, Xfinity
Community & HOA
Community
- Subdivision: Federal Way
Location
- Region: Federal Way
Financial & listing details
- Price per square foot: $512/sqft
- Tax assessed value: $396,000
- Annual tax amount: $3,889
- Offers reviewed: 07/13/2026
- Date on market: 7/17/2026
- Cumulative days on market: 24 days
- Listing terms: Conventional,FHA,VA Loan
- Inclusions: Dishwasher(s), Dryer(s), Refrigerator(s), Stove(s)/Range(s)
Estimated market value
$411,500
$391,000 - $432,000
$2,270/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/30/2026 | Pending sale | $414,950$512/sqft |
Source:  NWMLS as distributed by MLS GRID #2550050 Report a problem | ||
| 7/29/2026 | Price change | $414,950-3.5%$512/sqft |
Source: NWMLS as distributed by MLS GRID #2550050 Report a problem | ||
| 7/9/2026 | Listed for sale | $429,950+923.7%$531/sqft |
Source: NWMLS as distributed by MLS GRID #2550050 Report a problem | ||
| 5/28/1986 | Sold | $42,000$52/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,114 +5.8% | $396,000 +3.1% |
| 2024 | $3,889 +0.1% | $384,000 +10.3% |
| 2023 | $3,886 +2.7% | $348,000 -7.9% |
| 2022 | $3,783 +9.2% | $378,000 +26% |
| 2021 | $3,463 +27.4% | $300,000 +37% |
| 2020 | $2,719 +9.1% | $219,000 +7.4% |
| 2019 | $2,491 +7.7% | $204,000 +4.1% |
| 2018 | $2,314 -8.5% | $196,000 +12.6% |
| 2017 | $2,530 +29.2% | $174,000 +17.6% |
| 2016 | $1,958 | $148,000 +7.2% |
| 2015 | $1,958 | $138,000 +5.3% |
| 2014 | $1,958 | $131,000 +9.2% |
| 2013 | $1,958 | $120,000 +5.3% |
| 2012 | -- | $114,000 -18.6% |
| 2011 | -- | $140,000 -13.6% |
| 2010 | -- | $162,000 |
| 2009 | -- | $162,000 +1.3% |
| 2007 | -- | $160,000 +7.4% |
| 2006 | -- | $149,000 +8% |
| 2005 | -- | $138,000 +29% |
| 2001 | $1,466 +9% | $107,000 +13.8% |
| 2000 | $1,345 | $94,000 |
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: Mirror Lake
Nearby schools
GreatSchools rating
- 2/10Lake Grove Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 5/10Lakota Middle SchoolGrades: 6-8Distance: 0.7 mi
- 3/10Federal Way Senior High SchoolGrades: 9-12Distance: 1.5 mi
- $559,0003 bd2 ba1.2k sqft30418 12th Pl SW, Federal Way, WA 98023For Sale
- $500,0003 bd1 ba820 sqft827 SW 304th St, Federal Way, WA 98023Sold
- $595,0003 bd2 ba1.2k sqft840 SW 306th St, Federal Way, WA 98023Sold
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- $445,0003 bd1 ba1.1k sqft1012 SW 306th St, Federal Way, WA 98023Sold
- $534,9004 bd1 ba1.2k sqft30411 12th Pl SW, Federal Way, WA 98023For Sale
- $549,9994 bd2 ba1.2k sqft810 SW 306th St, Federal Way, WA 98023Sold
- $465,0003 bd1 ba820 sqft841 SW 306th St, Federal Way, WA 98023Sold
A local agent can set up tours, give advice and negotiate with sellers.
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