Listing provided courtesy of Berkshire Hathaway HS NW. Bought with American Homes Realty.

Off market nov 2002 for $204K

$625,743

Est. refi paymentEst. refi $1,346/mo

•

1,950

sq ft

1506 SW 306 St, Federal Way, WA 98023

About this home

Lovely Small Development On Dead End Street, Walking Distance To Popular Adelaide Elementary, Huge Fenced Corner Lot Complete With Gazebo. Newer Hardwood Flooring, Gas Heat, Water, And Dryer Hook Up. Formal Living And Dining Rooms. Kitchen With Casual Eating Area. Family Room In Quiet Area W/ Sliders To Yard. Large Master Suite W/ Own Bath. Deck Off Dining Room. Oversized 2 Car Garage With Work Area And Lots Of Storage.

Single-familyProperty Type

1976Year Built

0.29 acresLot Size

$321Est. Price/Sq.Ft.

2 car garageParking

Listed by • Berkshire Hathaway HS NW

Bought with • American Homes Realty

Redfin checked: 2 minutes ago

•Source:NWMLS as Distributed by MLS Grid #22223441

Redfin Estimate

$625,743

$422K since sold in November 2002$5,000 since September

Recently sold homes
Estimate history

This home's estimate is 7.3% lower than the average sale price ($675K) of 6 comparable homes.

BOUGHT WITH REDFIN MAR 6, 2026
$750,000
A
4 beds2.5 baths2,500 sq ft
30013 2nd Ave SW, Federal Way, WA 98023
Listing provided by nwmls
SOLD AUG 20, 2026
$440,000
B
3 beds2.5 baths1,910 sq ft
2221 SW 306th Pl, Federal Way, WA 98023
Listing provided by nwmls
SOLD JUN 5, 2026
$735,000
C
3 beds2.5 baths2,230 sq ft
2003 SW 304th St, Federal Way, WA 98023
Listing provided by nwmls
SOLD JUL 24, 2026
$734,000
D
3 beds2.5 baths2,090 sq ft
29819 5th Ave SW, Federal Way, WA 98023
Listing provided by nwmls
SOLD AUG 20, 2026
$649,950
E
4 beds2.5 baths2,060 sq ft
2103 SW 306th Pl, Federal Way, WA 98023
Listing provided by nwmls
SOLD AUG 11, 2026
$740,000
F
2 beds2.5 baths1,760 sq ft
611 SW 293rd St, Federal Way, WA 98023
Listing provided by nwmls

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Sell

$530,071

Est. take-home

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Est. cash available

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Rent

$3,310/mo

Redfin rental estimate

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Market trends in 98023, WA

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

99.2%

0.1% MoM

Median sale price

$625K

$4K MoM

Avg. days on market

24d

6 days MoM

Recently sold homes

130

4 MoM

New listings for sale

NEW
$648,000
4 beds2.5 baths2,383 sq ft
34113 13th Pl SW, Federal Way, WA 98023
Agnes Chan Low • Prime Metropolis Properties
NEW
$675,000
3 beds2.5 baths2,010 sq ft
4123 SW 322nd St, Federal Way, WA 98023
Mary King • Berkshire Hathaway HS NW
$600,000
4 beds2.5 baths2,220 sq ft
2232 SW 307th St, Federal Way, WA 98023
Teddy Atterbury • Windermere Real Estate/HLC
3D WALKTHROUGH
$339,950
2 beds2 baths1,056 sq ft
31500 33rd Pl SW Unit V102, Federal Way, WA 98023
Laura Sinclair • eXp Realty
LISTED BY REDFIN
$625,000
4 beds2.5 baths1,950 sq ft
35111 13th Pl SW, Federal Way, WA 98023
Redfin
OPEN OCT 26, 4PM TO 6PM
$549,999
3 beds2 baths1,450 sq ft
33417 40th Ave SW, Federal Way, WA 98023
Krystal Phy • Century 21 Blue Chip
$649,999
3 beds2 baths1,720 sq ft
4400 SW 313th St, Federal Way, WA 98023
Alex Kondratyuk • Realty One Group Pacifica
3D WALKTHROUGH
$310,000
2 beds1 bath990 sq ft
31500 33rd Pl SW Unit J101, Federal Way, WA 98023
Janice Hussey • Simply Sound Homes
$555,000
2 beds2 baths1,670 sq ft
31867 48th Cir SW Unit 14A, Federal Way, WA 98023
Ramona Jones • Realogics Sotheby's Int'l Rlty
$495,000
4 beds3 baths2,000 sq ft
31711 25th Ave SW, Federal Way, WA 98023
Lori DeVore • Realogics Sotheby's Int'l Rlty
See all

Provided by Redfin

Sale history for 1506 SW 306 St

Date

Event

Price

Nov 27, 2002

Sold (MLS)

NWMLS as Distributed by MLS Grid #22223441

$204,000

$105/sq ft

Sep 7, 2002

Listed

NWMLS as Distributed by MLS Grid #22223441

$204,900

$105/sq ft

Mar 29, 2001

Sold (MLS)

NWMLS as Distributed by MLS Grid #21028521

$198,000

$102/sq ft

Mar 1, 2001

Listed

NWMLS as Distributed by MLS Grid #21028521

$199,950

$103/sq ft

Sep 13, 1996

Sold

Public Records

$130,000

$67/sq ft

Jul 15, 1987

Sold

Public Records

$83,500

$43/sq ft

Year

Property tax

Land + Additions

Assessment*

2026

$1,303 (−77.3%)

$267,000 + $295,000

$562,000

2025

$5,734 (+0.7%)

$267,000 + $295,000

$562,000

2024

$5,696 (+3.3%)

$207,000 + $367,000

$574,000

2023

$5,514 (+7.0%)

$188,000 + $331,000

$519,000

2022

$5,153 (+15.2%)

$192,000 + $368,000

$560,000

2021

$4,474 (+4.9%)

$175,000 + $279,000

$454,000

2020

$4,264 (+16.0%)

$161,000 + $208,000

$369,000

2019

$3,674 (−11.1%)

$131,000 + $186,000

$317,000

2018

$4,133 (+11.4%)

$131,000 + $186,000

$317,000

2017

$3,709 (+1.6%)

$123,000 + $166,000

$289,000

2016

$3,650 (+9.4%)

$123,000 + $136,000

$259,000

2015

$3,335 (−0.8%)

$115,000 + $129,000

$244,000

2014

$3,362 (+8.3%)

$108,000 + $120,000

$228,000

2013

$3,105 (+10.4%)

$103,000 + $105,000

$208,000

2012

$2,813 (−10.0%)

$130,000 + $57,000

$187,000

2011

$3,126 (+3.2%)

$170,000 + $68,000

$238,000

2010

$3,028 (−5.3%)

$170,000 + $68,000

$238,000

2009

$3,196

$170,000 + $119,000

$289,000

Tax history for 1506 SW 306 St

Year

Property tax

Land + Additions

Assessment*

2026

$1,303 (−77.3%)

$267,000 + $295,000

$562,000

2025

$5,734 (+0.7%)

$267,000 + $295,000

$562,000

2024

$5,696 (+3.3%)

$207,000 + $367,000

$574,000

2023

$5,514 (+7.0%)

$188,000 + $331,000

$519,000

2022

$5,153 (+15.2%)

$192,000 + $368,000

$560,000

2021

$4,474 (+4.9%)

$175,000 + $279,000

$454,000

2020

$4,264 (+16.0%)

$161,000 + $208,000

$369,000

2019

$3,674 (−11.1%)

$131,000 + $186,000

$317,000

2018

$4,133 (+11.4%)

$131,000 + $186,000

$317,000

2017

$3,709 (+1.6%)

$123,000 + $166,000

$289,000

2016

$3,650 (+9.4%)

$123,000 + $136,000

$259,000

2015

$3,335 (−0.8%)

$115,000 + $129,000

$244,000

2014

$3,362 (+8.3%)

$108,000 + $120,000

$228,000

2013

$3,105 (+10.4%)

$103,000 + $105,000

$208,000

2012

$2,813 (−10.0%)

$130,000 + $57,000

$187,000

2011

$3,126 (+3.2%)

$170,000 + $68,000

$238,000

2010

$3,028 (−5.3%)

$170,000 + $68,000

$238,000

2009

$3,196

$170,000 + $119,000

$289,000

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

Baths

2.5

Stories

Lot width

—

Lot depth

—

Lot size

0.29 Acres

Year renovated

—

Sq. Ft.

1,700

Year built

1976

Style

Single Family Residential

County

King County

APN

514930 0430

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 5, 2026.

Property details

Parking

Parking Information
Covered Spaces: 2
Garage Spaces: 2
Has Attached Garage
Has Garage

Interior

Bedroom Information
# of Bedrooms: 3
# of Beds Upper: 3
Bedrooms Possible: 3

Bathroom Information
# of Full Baths (Total): 1
# of Three Quarter Baths (Total): 1
# of Half Baths (Total): 1
# of Full Baths (Upper): 1
# of Half Baths (Lower): 1
# of Three Quarter Baths (Upper): 1

Room 1 Information
Room Type: Kitchen With Eating Space
Room Level: Main

Room 2 Information
Room Type: Bedroom
Room Level: Upper

Room 3 Information
Room Type: Family Room
Room Level: Lower

Room 4 Information
Room Type: Entry Hall
Room Level: Main

Room 5 Information
Room Type: Utility Room
Room Level: Lower

Room 6 Information
Room Type: Bedroom
Room Level: Upper

Room 7 Information
Room Type: Bathroom Full
Room Level: Upper

Room 8 Information
Room Type: Dining Room
Room Level: Main

Room 9 Information
Room Type: Bathroom Three Quarter
Room Level: Upper

Room 10 Information
Room Type: Living Room
Room Level: Main

Room 11 Information
Room Type: Primary Bedroom
Room Level: Upper

Room 12 Information
Room Type: Bathroom Half
Room Level: Lower

Basement Information
Basement Features: Daylight, Finished

Fireplace Information
Has Fireplace
# of Fireplaces: 1
# of Fireplaces Main: 1

Interior Features
Interior Features: Forced Air, Hardwood, Wall to Wall Carpet, Built-In Vacuum, Dining Room, Fireplace, Water Heater
Flooring: Hardwood, Vinyl, Carpet
Appliances Included: Dishwasher,Range/Oven

Exterior

Building Information
Building Information: Built On Lot
Roof: Composition

Exterior Features
Exterior Features: Wood

Property Information
Sq. Ft. Finished: 1,950
Style Code: 13 - Tri-Level
Property Type: Residential
Property Sub Type: Single Family Residence
Property Condition: Good
Has View

Land Information
Vegetation: Garden Space

Lot Information
Lot Number: 43
Site Features: Cabana/Gazebo,Cable TV,Deck,Fenced-Partially,Outbuildings
Lot Features: Corner Lot, Curbs, Dead End Street, Paved
Lot Size Units: Square Feet
Lot Size Acres: 0.29
Elevation Units: Feet

Financial

Tax Information
Tax Annual Amount: $2,332
Tax Year: 2002

Financial Information
Listing Terms: Conventional, FHA
Buyer Financing: Conventional

Utilities

Utility Information
Water Source: Public
Water Company: Lakehaven
Power Company: PSE
Sewer: Sewer Connected
Sewer Company: Lakehaven
Utilities: Cable Connected, Sewer Connected, Natural Gas Connected
Water Heater Location: Gas/ Laundry Room
Water Heater Type: Gas/ Laundry Room

Location

Multi-Unit Information
Furnished: Unfurnished

HOA Information
Association Fee Frequency: Monthly

School Information
High School District: Federal Way

Location Information
Bus Line Nearby: true
Directions: Hiway 99 To 312th Go West To Dashpoint Rd. Go North, Left On 16th Sw, Turn Right On Sw 306th.
Topography: Level

Community Information
Senior Exemption: false

Public facts

Beds: 3
Baths: 2.5
Sq. Ft.: 1,700
Stories: 1.0
Lot Size: 0.29 acres
Style: Single Family Residential
Year Built: 1976
Year Renovated: —
County: King County
APN: 514930 0430

Home facts updated by county records on Sep 5, 2026

Other

Listing Information
Mls Status: Sold

Listing Date Information
On Market Date: Saturday, September 7, 2002

Green Information
Power Production Type: Natural Gas

Home Information
Living Area: 1,950
Living Area Units: Square Feet
Calculated Square Footage: 1950
MLS Square Footage Source: KCR
Building Area Total: 1950
Building Area Units: Square Feet
Foundation Details: Poured Concrete
Building Name: Marine Crest
Structure Type: House
Levels: Three Or More
Entry Location: Main

Around this home

Schools

Adelaide Elementary School

Public PreK-5 • Assigned • 0.1mi

4/10

Lakota Middle School

Public 6-8 • Assigned • 0.5mi

5/10

Decatur High School

Public 9-12 • Assigned • 1.0mi

4/10

Provided by GreatSchools

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...
4 days ago • Federal Way
Shauna Rumel
Redfin agent
Was 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 Way
Andrew Maglalang-Weakley
Redfin Premier agent • Listing Agent
468 deals
Was this helpful?

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 87° expected this year, 14 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

6/10 Air Factor

8 unhealthy days expected this year, 9 days in 30 years

Provided by First Street

Historical weather

Federal Way, WA • 98023

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 8.9 hours in June and 1.7 hours in December, placing it below the U.S. average for solar exposure.

8.9 hrs

1.7 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$595,000 – $720,000

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New listings for sale in 98023

NEW

$648,000

4 beds2.5 baths2,383 sq ft

34113 13th Pl SW, Federal Way, WA 98023