OFF MARKET

Listed by Jeff Alexander • Berkshire Hathaway HS NW. Bought with Michael J Real Estate LLC.

Off market may 2022 for $550K

$535,040

Est. refi paymentEst. refi $3,588/mo

•

1,100

sq ft

206 SW 305th St, Federal Way, WA 98023

About this home

Welcome to your new home! Come check out this beautifully well-maintained property sitting on a very large corner lot in the peaceful Mirror Lake community. This home is move in ready and features an open concept living area with tons of natural lighting as well as hardwood flooring, stainless-steel appliances and granite countertops. Offering 3 bedrooms and 1.5 baths as well as a spacious fully fenced yard and large deck for entertaining. The exterior of the home has been recently painted and also features a spacious front yard with tons of space for parking. your new home is minutes away from Redondo beach and a short commute from Seattle! This is an amazing place to call home and is an absolute MUST SEE!!!

Single-familyProperty Type

1961Year Built

8,560 sq ftLot Size

$486Est. Price/Sq.Ft.

1 spaceParking

Listed by Jeff Alexander • Berkshire Hathaway HS NW

Bought with Vayna Jerabek • Michael J Real Estate LLC

Redfin checked: 2 minutes ago

•Source:NWMLS as Distributed by MLS Grid #1918093

Redfin Estimate

$535,040

$15K since sold in May 2022$3,000 since October

Recently sold homes
Estimate history

This home's estimate is 4.9% higher than the average sale price ($510K) of 6 comparable homes.

SOLD SEP 30, 2026
$520,000
A
3 beds1 bath1,310 sq ft
413 SW 305th St, Federal Way, WA 98023
Listing provided by nwmls
SOLD AUG 27, 2026
$490,000
B
3 beds2 baths1,560 sq ft
606 SW 302nd St, Federal Way, WA 98023
Listing provided by nwmls
SOLD SEP 4, 2026
$530,000
C
4 beds2 baths1,404 sq ft
30449 2nd Ave S, Federal Way, WA 98003
Listing provided by nwmls
SOLD BY REDFIN APR 16, 2026
$550,000
D
3 beds1.5 baths1,340 sq ft
206 SW 303rd St, Federal Way, WA 98023
Listing provided by nwmls
SOLD APR 20, 2026
$535,000
E
2 beds2 baths1,100 sq ft
505 SW 305th St, Federal Way, WA 98023
Listing provided by nwmls
SOLD DEC 2, 2025
$435,000
F
3 beds1.5 baths1,210 sq ft
148 S 302nd St, Federal Way, WA 98003
Listing provided by nwmls

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Earn from this home

Sell

$92,844

Est. take-home

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Refinance

Est. cash available

Get cash now or lower your monthly rate

Rent

$2,791/mo

Redfin rental estimate

List your home for rent

Market trends in 98023, WA

Last updated October 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
$520,000
3 beds3 baths1,507 sq ft
30637 1st Pl SW, Federal Way, WA 98023
Tanya Franzen-Garrett • Marketplace Sotheby's Intl Rty
VIDEO TOUR
$625,000
3 beds3 baths1,820 sq ft
4232 SW 328th Ct, Federal Way, WA 98023
Irina Stoyan • Skyline Properties, Inc.
OPEN SUN, 1PM TO 3PM
$274,995
3 beds1.5 baths1,017 sq ft
4601 SW 320th St, Federal Way, WA 98023
Justin Cambra • eXp Realty
$860,000
4 beds2.5 baths3,000 sq ft
35402 7th Ave SW, Federal Way, WA 98023
Jonathan Byrd • Keller Williams Eastside
OPEN SUN, 12PM TO 4PM
$675,000
3 beds2.5 baths2,010 sq ft
4123 SW 322nd St, Federal Way, WA 98023
Mary King • Berkshire Hathaway HS NW
$498,500
3 beds2 baths940 sq ft
33215 36th Ave SW, Federal Way, WA 98023
Jan Lewis • Windermere Real Estate/East
OPEN SUN, 4PM TO 6PM
$789,360
2 beds2 baths1,420 sq ft
31204 8th Ave SW, Federal Way, WA 98023
Hao Sun • John L. Scott, Inc.
FOR SALE BY OWNER
$649,000
4 beds2 baths1,760 sq ft
35803 18th Ave SW, Federal Way, WA 98023
OPEN SUN, 1PM TO 3PM
$648,000
4 beds2.5 baths2,383 sq ft
34113 13th Pl SW, Federal Way, WA 98023
Agnes Chan Low • Prime Metropolis Properties
$600,000
4 beds2.5 baths2,220 sq ft
2232 SW 307th St, Federal Way, WA 98023
Teddy Atterbury • Windermere Real Estate/HLC
See all

Provided by Redfin

Sale history for 206 SW 305th St

Date

Event

Price

Jun 21, 2025

Rental Removed

Tricon #4

$2,589

$2/sq ft

May 29, 2025

Price Changed

Tricon #4

$2,589

$2/sq ft

May 15, 2025

Listed for Rent

Tricon #4

$2,699

$2/sq ft

Apr 30, 2025

Rental Removed

RENT. #3

$2,699

$2/sq ft

Apr 16, 2025

Price Changed

RENT. #3

$2,699

$2/sq ft

Apr 9, 2025

Price Changed

RENT. #3

$2,739

$2/sq ft

Mar 22, 2025

Listed for Rent

RENT. #3

$2,859

$3/sq ft

Mar 15, 2025

Rental Removed

RENT. #3

$2,859

$3/sq ft

Mar 12, 2025

Price Changed

RENT. #3

$2,859

$3/sq ft

Feb 25, 2025

Listed for Rent

RENT. #3

$2,949

$3/sq ft

May 27, 2023

Rental Removed

RENT. #2

$1,100

$1/sq ft

May 16, 2022

Sold (MLS) (Closed)

NWMLS as Distributed by MLS Grid #1918093

$550,000

$500/sq ft

Apr 22, 2022

Pending

NWMLS as Distributed by MLS Grid #1918093

—

Apr 19, 2022

Listed (Active)

NWMLS as Distributed by MLS Grid #1918093

$500,000

$455/sq ft

Feb 3, 2022

Price Changed

RENT. #1

$1,100

$1/sq ft

Sep 10, 2019

Sold (MLS) (Sold)

NWMLS as Distributed by MLS Grid #1499852

$327,500

$298/sq ft

Aug 20, 2019

Pending

NWMLS as Distributed by MLS Grid #1499852

—

Aug 14, 2019

Pending (Pending Inspection)

NWMLS as Distributed by MLS Grid #1499852

—

Aug 1, 2019

Listed (Active)

NWMLS as Distributed by MLS Grid #1499852

$330,000

$300/sq ft

Jul 10, 2014

Sold

Public Records

$199,990

$182/sq ft

Jul 14, 2014

Delisted

NWMLS as Distributed by MLS Grid #606971

—

Jul 10, 2014

Sold (MLS) (Sold)

NWMLS as Distributed by MLS Grid #606971

$199,990

$182/sq ft

May 14, 2014

Pending (Pending Inspection)

NWMLS as Distributed by MLS Grid #606971

—

May 14, 2014

Price Changed

NWMLS as Distributed by MLS Grid #606971

$199,990

$182/sq ft

May 14, 2014

Relisted (Active)

NWMLS as Distributed by MLS Grid #606971

—

May 14, 2014

Pending (Pending Inspection)

NWMLS as Distributed by MLS Grid #606971

—

Apr 21, 2014

Price Changed

NWMLS as Distributed by MLS Grid #606971

$209,990

$191/sq ft

Apr 10, 2014

Price Changed

NWMLS as Distributed by MLS Grid #606971

$214,990

$195/sq ft

Mar 21, 2014

Listed (Active)

NWMLS as Distributed by MLS Grid #606971

$219,990

$200/sq ft

Aug 23, 2013

Sold

Public Records

$90,199

$82/sq ft

Jun 26, 1998

Sold

Public Records

$99,000

$90/sq ft

Nov 9, 1989

Sold

Public Records

$50,000

$45/sq ft

Mar 14, 1986

Sold

Public Records

$37,000

$34/sq ft

Year

Property tax

Land + Additions

Assessment*

2026

$5,465 (+8.2%)

$139,000 + $399,000

$538,000

2025

$5,049 (−0.4%)

$139,000 + $399,000

$538,000

2024

$5,071 (+2.6%)

$139,000 + $369,000

$508,000

2023

$4,943 (+21.6%)

$126,000 + $334,000

$460,000

2022

$4,066 (+21.4%)

$115,000 + $385,000

$500,000

2021

$3,351 (+8.6%)

$92,000 + $263,000

$355,000

2020

$3,086 (+8.1%)

$75,000 + $198,000

$273,000

2019

$2,854 (−8.8%)

$60,000 + $184,000

$244,000

2018

$3,129 (+17.4%)

$60,000 + $184,000

$244,000

2017

$2,665 (+3.0%)

$55,000 + $162,000

$217,000

2016

$2,588 (+28.4%)

$50,000 + $134,000

$184,000

2015

$2,015 (−2.4%)

$48,000 + $123,000

$171,000

2014

$2,064 (+405.1%)

$48,000 + $87,000

$135,000

2013

$409 (−81.2%)

$57,000 + $74,000

$131,000

2012

$2,172 (−3.3%)

$57,000 + $68,000

$125,000

2011

$2,245 (−0.7%)

$77,000 + $92,000

$169,000

2010

$2,262 (−8.6%)

$77,000 + $99,000

$176,000

2009

$2,476

$76,000 + $146,000

$222,000

Tax history for 206 SW 305th St

Year

Property tax

Land + Additions

Assessment*

2026

$5,465 (+8.2%)

$139,000 + $399,000

$538,000

2025

$5,049 (−0.4%)

$139,000 + $399,000

$538,000

2024

$5,071 (+2.6%)

$139,000 + $369,000

$508,000

2023

$4,943 (+21.6%)

$126,000 + $334,000

$460,000

2022

$4,066 (+21.4%)

$115,000 + $385,000

$500,000

2021

$3,351 (+8.6%)

$92,000 + $263,000

$355,000

2020

$3,086 (+8.1%)

$75,000 + $198,000

$273,000

2019

$2,854 (−8.8%)

$60,000 + $184,000

$244,000

2018

$3,129 (+17.4%)

$60,000 + $184,000

$244,000

2017

$2,665 (+3.0%)

$55,000 + $162,000

$217,000

2016

$2,588 (+28.4%)

$50,000 + $134,000

$184,000

2015

$2,015 (−2.4%)

$48,000 + $123,000

$171,000

2014

$2,064 (+405.1%)

$48,000 + $87,000

$135,000

2013

$409 (−81.2%)

$57,000 + $74,000

$131,000

2012

$2,172 (−3.3%)

$57,000 + $68,000

$125,000

2011

$2,245 (−0.7%)

$77,000 + $92,000

$169,000

2010

$2,262 (−8.6%)

$77,000 + $99,000

$176,000

2009

$2,476

$76,000 + $146,000

$222,000

*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

1.5

Stories

Lot width

—

Lot depth

—

Lot size

8,560 Sq. Ft.

Year renovated

—

Sq. Ft.

1,100

Year built

1961

Style

Single Family Residential

County

King County

APN

556000 0070

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 5, 2026.

Property details

Parking

Parking Information
Covered Spaces: 1
Parking Features: Detached Carport, Driveway, Off Street
Has Carport

Interior

Virtual Tour

Bedroom Information
# of Bedrooms: 3
# of Bedrooms Main: 3
Bedrooms Possible: 3

Bathroom Information
# of Full Baths (Total): 1
# of Half Baths (Total): 1
# of Full Baths (Main): 1
# of Half Baths (Main): 1

Room 1 Information
Room Type: Bathroom Full
Room Level: Main

Room 2 Information
Room Type: Bathroom Half
Room Level: Main

Room 3 Information
Room Type: Bedroom
Room Level: Main

Room 4 Information
Room Type: Bedroom
Room Level: Main

Room 5 Information
Room Type: Living Room
Room Level: Main

Room 6 Information
Room Type: Kitchen With Eating Space
Room Level: Main

Room 7 Information
Room Type: Primary Bedroom
Room Level: Main

Basement Information
Basement Features: None

Interior Features
Interior Features: Forced Air, Hardwood, Wall to Wall Carpet, Ceiling Fan(s), Dining Room, Water Heater
Appliances: Dryer, Washer
Flooring: Hardwood, Carpet
Appliances Included: Dishwasher,Dryer,Garbage Disposal,Microwave,Refrigerator,StoveRange,Washer

Exterior

Building Information
Building Information: Built On Lot
Roof: Composition

Exterior Features
Exterior Features: Wood

Property Information
Energy Source: Electric,Natural Gas
Sq. Ft. Finished: 1,100
Style Code: 10 - 1 Story
Property Type: Residential
Property Sub Type: Single Family Residence

Land Information
Vegetation: Garden Space

Lot Information
MLS Lot Size Source: Realist
Site Features: Cable TV,Deck,Fenced-Fully,Gas Available,High Speed Internet
Zoning Jurisdiction: City
Lot Features: Corner Lot
Lot Size Units: Square Feet
Lot Size Acres: 0.1965
Elevation Units: Feet

Financial

Tax Information
Tax Annual Amount: $3,350
Tax Year: 2022

Financial Information
Listing Terms: Cash Out, Conventional, FHA, VA Loan
Buyer Financing: Cash

Utilities

Utility Information
Water Source: Public
Water Company: Lake Haven
Power Company: PSE
Sewer: Available, Septic Tank
Sewer Company: Septic
Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Septic System, Electric, Natural Gas Connected
Water Heater Type: Gas
Cable Connected: Xfinity
Internet Connected: Xfinity

Location

Multi-Unit Information
Furnished: Unfurnished

School Information
Elementary School: Lake Grove Elem
Middle Or Junior High School: Lakota Mid Sch
High School: Federal Way Snr High
High School District: Federal Way

Location Information
Bus Line Nearby: true
Directions: From 1st Ave turn left onto SW 305th home is on the right.
Topography: Level

Community Information
Senior Exemption: false

Public facts

Beds: 3
Baths: 1.5
Sq. Ft.: 1,100
Stories: 1.0
Lot Size: 8,560 square feet
Style: Single Family Residential
Year Built: 1961
Year Renovated: —
County: King County
APN: 556000 0070

Home facts updated by county records on Sep 5, 2026

Other

Listing Information
Mls Status: Sold

Listing Date Information
Offers Review Date: Sunday, April 24, 2022
On Market Date: Tuesday, April 19, 2022

Green Information
Direction Faces: South
Power Production Type: Electric, Natural Gas

Home Information
Living Area: 1,100
Living Area Units: Square Feet
Calculated Square Footage: 1100
MLS Square Footage Source: Realist
Building Area Total: 1100
Building Area Units: Square Feet
Foundation Details: Poured Concrete
Year Built Effective: 1961
Effective Year Built Source: Public Records
Structure Type: House
Levels: One

Around this home

Schools

Lake Grove Elementary School

Public PreK-5 • Assigned • 0.3mi

2/10

Lakota Middle School

Public 6-8 • Assigned • 1.0mi

5/10

Federal Way Senior High School

Public 9-12 • Assigned • 1.1mi

3/10

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...
1 week 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!
2 weeks ago • Federal Way
Andrew Maglalang-Weakley
Redfin Premier agent • Listing Agent
469 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, 15 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

7/10 Air Factor

10 unhealthy days expected this year, 11 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

$509,000 – $616,000

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Nearby similar homes

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Listing provided by NWMLS as Distributed by MLS Grid

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Listing provided by NWMLS as Distributed by MLS Grid

OPEN SUN, 10AM TO 12PM

$575,000

3 beds1.5 baths1,210 sq ft

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Corner lot • 770 sf shop • Engineered hardwood

Listing provided by NWMLS as Distributed by MLS Grid

New listings for sale in 98023

NEW

$520,000

3 beds3 baths1,507 sq ft

30637 1st Pl SW, Federal Way, WA 98023

Remodeled • Move-in ready • Outdoor versatility

Listing provided by NWMLS as Distributed by MLS Grid

VIDEO TOUR

$625,000

3 beds3 baths1,820 sq ft

4232 SW 328th Ct, Federal Way, WA 98023

Private lot • Quiet cul-de-sac • Modern updates

Listing provided by NWMLS as Distributed by MLS Grid

OPEN SUN, 1PM TO 3PM

$274,995

3 beds1.5 baths1,017 sq ft

4601 SW 320th St, Federal Way, WA 98023

Extra storage • Quiet greenspace • Outdoor pool

Listing provided by NWMLS as Distributed by MLS Grid

$860,000

4 beds2.5 baths3,000 sq ft

35402 7th Ave SW, Federal Way, WA 98023

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Listing provided by NWMLS as Distributed by MLS Grid

OPEN SUN, 12PM TO 4PM

$675,000

3 beds2.5 baths2,010 sq ft

4123 SW 322nd St, Federal Way, WA 98023

Lakefront living • Tranquil lake views • Private bath

Listing provided by NWMLS as Distributed by MLS Grid

$498,500

3 beds2 baths940 sq ft

33215 36th Ave SW, Federal Way, WA 98023

Cedar siding • Vinyl windows • Built-in shelving

Listing provided by NWMLS as Distributed by MLS Grid

OPEN SUN, 4PM TO 6PM

$789,360

2 beds2 baths1,420 sq ft

31204 8th Ave SW, Federal Way, WA 98023

Lakefront living • Gated entry • Waterfront escape

Listing provided by NWMLS as Distributed by MLS Grid

FOR SALE BY OWNER

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Built 1993 • Listed 5 days

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$648,000

4 beds2.5 baths2,383 sq ft

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6,310 sq ft lot • Garage • Built 2005

Listing provided by NWMLS as Distributed by MLS Grid

Home values near 206 SW 305th St

Data from public records.

Address	Redfin Estimate
147 SW 305th Street, Federal Way, WA 3 Beds \| 1 Baths \| 1200 Sq. Ft.	$486,504
156 SW 305th Street, Federal Way, WA 3 Beds \| 1 Baths \| 840 Sq. Ft.	$490,817

Address	Redfin Estimate
214 SW 305th Street, Federal Way, WA 3 Beds \| 1 Baths \| 840 Sq. Ft.	$434,703
155 SW 305th Street, Federal Way, WA 4 Beds \| 2 Baths \| 1600 Sq. Ft.	$556,574

Address	Redfin Estimate
222 SW 305th Street, Federal Way, WA 3 Beds \| 1 Baths \| 1160 Sq. Ft.	$503,249
203 SW 305th Street, Federal Way, WA 3 Beds \| 2 Baths \| 1340 Sq. Ft.	$535,730

Property information provided by undefined .

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 98023, WA

Sale history for 206 SW 305th St

Tax history for 206 SW 305th St

Public record

Property details

Around this home

Schools

Lifestyle

Local insights from Redfin agents

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 98023

Home values near 206 SW 305th St

More real estate resources