This home's estimate is 7.9% higher than the average sale price ($234K) of 6 comparable homes.
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1003 S 308th St #21, Federal Way, WA 98003
About this home
Welcome home to this refreshed two bedroom, one bath top floor unit in Forest Lake Condominiums! This quiet and secluded community is surrounded by lots of greenery. Unit features all new LVP flooring throughout, new light fixtures, switches, sockets, new paint, kitchen counter tops and new vanity in the bathroom. All appliances including washer/ dryer stay with the home. Covered parking and additional storage are included. Great for first time home buyers and investors. Close to transit, commuter routes, shopping and restaurants.

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Market trends in 98003, WA
Last updated September 2026
Buyer's Market
Seller's Market
Seller's market
- $769,9504 beds3 baths2,190 sq ft37004 22nd Ave S, Federal Way, WA 98003Susan Krueger • Coldwell Banker Danforth
- $180,0003 beds2 baths1,566 sq ft2500 S 370th St #108, Federal Way, WA 98003Katy Cooper • RE/MAX Metro Realty, Inc.
- 3D WALKTHROUGH$719,9004 beds3 baths2,180 sq ft28003 24th Pl S, Federal Way, WA 98003Devon Schwaab • Windermere Real Estate GH LLC
- OPEN TUE, 4PM TO 6PM$995,0004 beds2.5 baths3,100 sq ft2873 S 353rd Pl, Federal Way, WA 98003Khoa Truong • Real Broker LLC
- $95,0002 beds2 baths924 sq ft3001 S 288th St S #69, Federal Way, WA 98003Pa Jaiteh • Keller Williams Realty
- $600,0004 beds2.5 baths2,440 sq ft30325 9th Ave S, Federal Way, WA 98003Aaron Stafford • John L. Scott, Inc.
- $1,200,0008 beds4 baths3,530 sq ftAuburn, WA 98023Matthew Akinlosotu • Kelly Right RE of Seattle LLC
- VIDEO TOUR$204,9991 bed1 bath598 sq ft509 S 323rd Pl Unit 12H, Federal Way, WA 98003Chad Nolan • 1 Percent Lists Tacoma
See all
Provided by Redfin
Sale history for 1003 S 308th St #21
$327/sq ft
$327/sq ft
$165/sq ft
$168/sq ft
$129/sq ft
$129/sq ft
$36/sq ft
Tax history for 1003 S 308th St #21
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Property details
Parking
- Parking Information
- Parking Space Numbers: 21
- Covered Spaces: 1
- Parking Features: Carport
- Has Carport
Interior
- Bedroom Information
- # of Bedrooms: 2
- # of Bedrooms Main: 2
- Bedrooms Possible: 2
- Bathroom Information
- # of Full Baths (Total): 1
- # of Full Baths (Main): 1
- Room 1 Information
- Room Type: Living Room
- Room Level: Main
- Room 2 Information
- Room Type: Primary Bedroom
- Room Level: Main
- Room 3 Information
- Room Type: Bathroom Full
- Room Level: Main
- Room 4 Information
- Room Type: Bedroom
- Room Level: Main
- Heating & Cooling
- Has Heating
- Heating Information: Baseboard
- Has Cooling
- Cooling Information: Wall Unit(s)
- Interior Features
- Interior Features: Balcony/Deck/Patio
- Appliances: Dryer, Washer
- Flooring: Vinyl Plank
- Appliances Included: Dishwasher,Dryer,Refrigerator,StoveRange,Washer
Exterior
- Building Information
- Roof: Cedar Shake
- Exterior Features
- Exterior Features: Wood
- Property Information
- Energy Source: Electric
- Dwelling Type: Attached
- Storage No.: 21
- Style Code: 30 - Condo (1 Level)
- View From: Unit
- Property Type: Residential
- Property Sub Type: Condominium
- Has View
- Lot Information
- Lot Features: Paved, Secluded, Sidewalk
- Elevation Units: Feet
Financial
- Tax Information
- Tax Annual Amount: $2,406
- Tax Year: 2023
- Financial Information
- Listing Terms: Cash Out, Conventional, FHA
- Buyer Financing: Conventional
Location
- Multi-Unit Information
- Unit Features: Balcony/Deck/Patio
- Units In Building Total: 6
- HOA Information
- Association Contact Name: Kris O'Neal
- Has HOA
- Association Fee: $349
- Association Fee Frequency: Monthly
- Association Fee Includes: Garbage, Sewer, Water
- School Information
- High School District: Federal Way
- Location Information
- Directions: Please use GPS
- Condo Information
- Floor Number Of Unit: 3
- Number Of Units In Community: 34
- Community Information
- Senior Exemption: false
- Common Interest: Condominium
- Pets Allowed: Subj to Restrictions
Public facts
- Beds: 2
- Baths: 1.0
- Sq. Ft.: 811
- Stories: 2.0
- Lot Size: —
- Style: Condo/Co-op
- Year Built: 1977
- Year Renovated: 1977
- County: King County
- APN: 259590021004
Other
- Listing Information
- Mls Status: Sold
- Listing Date Information
- On Market Date: Tuesday, October 24, 2023
- Green Information
- Power Production Type: Electric
- Home Information
- Living Area Units: Square Feet
- Calculated Square Footage: 811
- MLS Square Footage Source: KCR
- Building Area Total: 811
- Building Area Units: Square Feet
- Building Name: Forest Lake Condominium
- Year Built Effective: 1977
- Effective Year Built Source: Public Records
- Structure Type: Multi Family
- Stories Total: 3
- Levels: One
About this building
| $179,950 | 1 bed | 1 bath | 601 sq ft |
Around this home
Schools
Public K-8 • Assigned • 1.2mi
Public 6-8 • Assigned • 0.7mi
Public 9-12 • Assigned • 0.3mi
Lifestyle
Provided by Walk Score and Local Logic
Local insights from Redfin agents
- Federal Way buyers should compare lot sizes, views, and shopping access in Twin Lakes, Marine Hills, and Dash Point. Sellers should highlight their home’s strengths and price against nearby comparable sales. Explore Dash Point State Park and Dumas...Bay.5 days ago • Federal WayRedfin agentWas this helpful?
- Situated right along the Puget Sound, Federal Way is best known for its blend of natural beauty, fun attractions, and rich local culture! Locals love it for its vibrant dining scene and convenient location right between Seattle and Tacoma!1 week ago • Federal WayWas this helpful?
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 87° expected this year, 14 days in 30 years
Minimal risk of severe winds over next 30 years
10 unhealthy days expected this year, 11 days in 30 years
Sun exposure
In this area, properties receive around 9 hours in June and 1.7 hours in December, placing it below the U.S. average for solar exposure.
Nearby similar homes
New listings for sale in 98003
Home values near 1003 S 308th St #21
| Address | Redfin Estimate |
|---|---|
1 Beds | 1 Baths | 598 Sq. Ft. | $188,003 |
2 Beds | 8 Baths | 815 Sq. Ft. | $230,566 |
| Address | Redfin Estimate |
|---|---|
1 Beds | 1 Baths | 602 Sq. Ft. | $187,520 |
2 Beds | 1 Baths | 809 Sq. Ft. | $246,938 |
| Address | Redfin Estimate |
|---|---|
2 Beds | 1 Baths | 811 Sq. Ft. | $232,989 |
2 Beds | 1 Baths | 817 Sq. Ft. | $213,687 |
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