Property Details
1003 S 308th #9
Federal Way, WA 98003
$273,000
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About This Home
Priced under appraised value, this beautifully updated single level condo is tucked into the quiet and secluded Forest Lake community. This inviting home features a bright, open layout with newer flooring, fresh paint, and an updated bathroom that add a clean, refreshed feel throughout. The living spaces flow comfortably for everyday living, and all appliances stay, making this a move in ready opportunity. Two parking passes are included, with one covered space for added convenience. Enjoy an excellent commuter location with easy access to bus stops, light rail, and SeaTac just 20 minutes away. You are also close to shopping, restaurants, parks, lakes, and nearby schools, with middle and high schools within walking distance. HOA dues cover sewer, water, and garbage. Pets are allowed, there is no rental cap, and the complex is FHA approved, making this a great option for first time buyers, downsizers, or investors looking for comfort, convenience, and long term flexibility.
Property Details
Property Information
Property Type
Residential
Subtype
Condominium
Status
Active
County
King
Neighborhood
Central Federal Way
Listed
Mar 12, 2026
Original Price
$285,000
Structure Type
Condominium
Parcel Number
2595900090
Tax & HOA
Annual Property Tax
$2,706 (2025)
Est. Monthly Tax
$225/mo
HOA Fee
$375/monthly
HOA Includes
Common Area Maintenance, Sewer, Trash, Water
Interior Features
Bedrooms
2
Bathrooms
1.0
Stories
2
Entry Level
Main
Interior Features
Water Heater
Exterior & Lot
Lot Size
0.00 sqft
Year Built
1977
Exterior Materials
Wood
Parking
Carport
Lot Features
Sidewalk
Exterior Features
Wood, Wood Products
Community & Access
Pets
Cats OK, Dogs OK, Subject to Restrictions
Directions
Directions: From S 320th St, West on 308th, left into complex. Follow road around to the right and look for parking space and unit 9.
Location
City
Federal Way
County
King
Coordinates
47.32492, -122.32037
Schools
School District
Federal Way
Elementary School
Nautilus Elem
Middle School
Sacajawea Jnr High
High School
Federal Way Snr High
HOA / Association
HOA Fee
$375 / Monthly
HOA Includes
Common Area Maintenance, Sewer, Trash, Water
Additional Information
Tax Year
2025
Annual Taxes
$2,706
Possession
Array
Inclusions
Dishwasher(s),Dryer(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
Mortgage Calculator
Estimated Monthly Payment
$0
Down Payment
$0
Loan Amount
$0
Provided by Beyond Real Estate, LLC
Down Payment Assistance Available
This property may qualify for homebuyer assistance programs
Find out if you’re eligible for down payment assistance programs that could help make this home more affordable. Programs can provide thousands of dollars toward your down payment and closing costs.
Check Your Eligibility