SOLD APR 20, 2026

Listed by David Huynh • KW Lake Washington So. Bought with eXp Realty.

Off market apr 2026 for $535K

$551,849

Est. refi paymentEst. refi $4,199/mo

•

1,100

sq ft

505 SW 305th St, Federal Way, WA 98023

About this home

Welcome to this charming 2 bedroom, 1.75 bathroom one-story home! Situated on a large, flat corner lot with excellent parking and yard access. Enjoy spacious living and dining areas, an updated open kitchen with quartz counters, breakfast bar, bright, new cabinetry, updated electrical, generator hook-up and dedicated laundry room. Lateral backyard access offers room for RV, boat or parking multiple vehicles! Versatile utility room can serve as the perfect home office, den, pantry or potential third bedroom! The spacious yard is fully-fenced and includes 2 large storage sheds, a treehouse and plenty of space to entertain. The oversized driveway can easily fit 6 cars! Ideal location near schools, parks, shops, restaurants, freeway access and Redondo Beach.

Single-familyProperty Type

1960Year Built

8,500 sq ftLot Size

$502Est. Price/Sq.Ft.

Listed by David Huynh • KW Lake Washington So

Bought with Jesus Garza Garcia • eXp Realty

Bought with Maribel Jaimes • eXp Realty

Redfin checked: a few seconds ago

•Source:NWMLS as Distributed by MLS Grid #2459200

Redfin Estimate

$551,849

$17K since sold in April 2026$2,000 since September

Recently sold homes
Estimate history

This home's estimate is 5.9% higher than the average sale price ($521K) 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 SEP 8, 2026
$402,000
B
2 beds1 bath810 sq ft
842 SW 305th St, Federal Way, WA 98023
Listing provided by nwmls
SOLD AUG 27, 2026
$490,000
C
3 beds2 baths1,560 sq ft
606 SW 302nd St, Federal Way, WA 98023
Listing provided by nwmls
SOLD SEP 4, 2026
$530,000
D
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
E
3 beds1.5 baths1,340 sq ft
206 SW 303rd St, Federal Way, WA 98023
Listing provided by nwmls
SOLD OCT 8, 2026
$635,000
F
3 beds2 baths1,840 sq ft
529 S 302nd St, Federal Way, WA 98003
Listing provided by nwmls

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Earn from this home

Sell

$87,453

Est. take-home

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Refinance

Est. cash available

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Rent

$2,758/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

OPEN FRI, 4PM TO 6PM
$725,000
4 beds2.5 baths2,114 sq ft
181 SW 311th Pl, Federal Way, WA 98023
Michelle Le • Real Broker LLC
$139,000
1 bed1 bath593 sq ft
4520 SW 321st St Unit S9, Federal Way, WA 98023
Jessica Vianez • Theory Real Estate
$600,000
4 beds2 baths1,860 sq ft
34701 31st Pl SW, Federal Way, WA 98023
Felicia Mackey • Berkshire Hathaway HS NW
$1,080,000
3 beds2.5 baths2,630 sq ft
31107 50th Pl SW, Federal Way, WA 98023
Chanel Drago • COMPASS
$575,000
3 beds2.5 baths1,520 sq ft
35920 18th Ct SW, Federal Way, WA 98023
Shafiq Daqeeq • Berkshire Hathaway HS NW
$950,000
4 beds2.5 baths2,660 sq ft
31222 22nd Ave SW, Federal Way, WA 98023
Serg Lobodzinskiy • Skyline Properties, Inc.
$309,950
1 bed1 bath674 sq ft
33020 10th Ave SW Unit W104, Federal Way, WA 98023
Stu Collins • John L. Scott, Inc.
$699,950
6 beds3.5 baths3,420 sq ft
1421 SW 304th St, Federal Way, WA 98023
Brittany Haun • COMPASS
$689,000
3 beds2.5 baths1,900 sq ft
2723 SW 349th Pl, Federal Way, WA 98023
Christopher Floyd • Morrison House Sotheby's Intl
3D WALKTHROUGH
$744,900
4 beds2.5 baths2,650 sq ft
709 SW 323rd St, Federal Way, WA 98023
Heather Heinzen • Coldwell Banker Danforth
See all

Provided by Redfin

Sale history for 505 SW 305th St

Date

Event

Price

Apr 20, 2026

Sold (MLS) (Closed)

NWMLS as Distributed by MLS Grid #2459200

$535,000

$486/sq ft

Mar 6, 2026

Pending (Pending - Backup Offer Requested)

NWMLS as Distributed by MLS Grid #2459200

—

Feb 16, 2026

Price Changed

NWMLS as Distributed by MLS Grid #2459200

$525,000

$477/sq ft

Jan 2, 2026

Price Changed

NWMLS as Distributed by MLS Grid #2459200

$539,000

$490/sq ft

Dec 6, 2025

Listed (Active)

NWMLS as Distributed by MLS Grid #2459200

$549,950

$500/sq ft

Jun 24, 2020

Sold (MLS) (Sold)

NWMLS as Distributed by MLS Grid #1581206

$345,000

$314/sq ft

May 20, 2020

Pending

NWMLS as Distributed by MLS Grid #1581206

—

May 18, 2020

Price Changed

NWMLS as Distributed by MLS Grid #1581206

$315,000

$286/sq ft

May 18, 2020

Relisted (Active)

NWMLS as Distributed by MLS Grid #1581206

—

Mar 24, 2020

Pending

NWMLS as Distributed by MLS Grid #1581206

—

Mar 19, 2020

Listed (Active)

NWMLS as Distributed by MLS Grid #1581206

$310,000

$282/sq ft

Sep 30, 1999

Sold

Public Records

$124,950

$114/sq ft

Jul 28, 1992

Sold

Public Records

$95,000

$86/sq ft

Dec 1, 1979

Sold

Public Records

$48,500

$44/sq ft

Year

Property tax

Land + Additions

Assessment*

2026

$4,573 (+5.9%)

$139,000 + $303,000

$442,000

2025

$4,317 (+0.2%)

$139,000 + $303,000

$442,000

2024

$4,309 (+2.8%)

$139,000 + $289,000

$428,000

2023

$4,192 (+9.3%)

$126,000 + $262,000

$388,000

2022

$3,836 (+24.5%)

$115,000 + $306,000

$421,000

2021

$3,082 (+8.9%)

$92,000 + $242,000

$334,000

2020

$2,829 (+8.1%)

$75,000 + $175,000

$250,000

2019

$2,618 (−8.6%)

$60,000 + $163,000

$223,000

2018

$2,864 (+17.3%)

$60,000 + $163,000

$223,000

2017

$2,442 (+3.0%)

$55,000 + $143,000

$198,000

2016

$2,370 (+7.8%)

$50,000 + $118,000

$168,000

2015

$2,199 (+0.8%)

$48,000 + $108,000

$156,000

2014

$2,181 (+2.1%)

$48,000 + $100,000

$148,000

2013

$2,137 (−2.8%)

$57,000 + $76,000

$133,000

2012

$2,199 (−3.1%)

$57,000 + $70,000

$127,000

2011

$2,271 (−0.7%)

$77,000 + $94,000

$171,000

2010

$2,287 (−1.6%)

$77,000 + $101,000

$178,000

2009

$2,325

$76,000 + $132,000

$208,000

Tax history for 505 SW 305th St

Year

Property tax

Land + Additions

Assessment*

2026

$4,573 (+5.9%)

$139,000 + $303,000

$442,000

2025

$4,317 (+0.2%)

$139,000 + $303,000

$442,000

2024

$4,309 (+2.8%)

$139,000 + $289,000

$428,000

2023

$4,192 (+9.3%)

$126,000 + $262,000

$388,000

2022

$3,836 (+24.5%)

$115,000 + $306,000

$421,000

2021

$3,082 (+8.9%)

$92,000 + $242,000

$334,000

2020

$2,829 (+8.1%)

$75,000 + $175,000

$250,000

2019

$2,618 (−8.6%)

$60,000 + $163,000

$223,000

2018

$2,864 (+17.3%)

$60,000 + $163,000

$223,000

2017

$2,442 (+3.0%)

$55,000 + $143,000

$198,000

2016

$2,370 (+7.8%)

$50,000 + $118,000

$168,000

2015

$2,199 (+0.8%)

$48,000 + $108,000

$156,000

2014

$2,181 (+2.1%)

$48,000 + $100,000

$148,000

2013

$2,137 (−2.8%)

$57,000 + $76,000

$133,000

2012

$2,199 (−3.1%)

$57,000 + $70,000

$127,000

2011

$2,271 (−0.7%)

$77,000 + $94,000

$171,000

2010

$2,287 (−1.6%)

$77,000 + $101,000

$178,000

2009

$2,325

$76,000 + $132,000

$208,000

*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

Stories

Lot width

—

Lot depth

—

Lot size

8,500 Sq. Ft.

Year renovated

—

Sq. Ft.

1,200

Year built

1960

Style

Single Family Residential

County

King County

APN

178890 0180

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 4, 2026.

Property details

Parking

Parking Information
Parking Features: Driveway, Off Street, RV Parking

Interior

Virtual Tour

Bedroom Information
# of Bedrooms: 2
# of Bedrooms Main: 2
Bedrooms Possible: 2

Bathroom Information
# of Full Baths (Total): 1
# of Three Quarter Baths (Total): 1
# of Main Level Bathrooms (Total): 2
# of Full Baths (Main): 1
# of Three Quarter Baths (Main): 1
# of Bathtubs: 1
# of Showers: 2

Room 1 Information
Room Type: Dining Room
Room Level: Main

Room 2 Information
Room Type: Entry Hall
Room Level: Main

Room 3 Information
Room Type: Kitchen With Eating Space
Room Level: Main

Room 4 Information
Room Type: Living Room
Room Level: Main

Room 5 Information
Room Type: Primary Bedroom
Room Level: Main

Room 6 Information
Room Type: Utility Room
Room Level: Main

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

Room 8 Information
Room Type: Bathroom Three Quarter
Room Level: Main

Room 9 Information
Room Type: Bedroom
Room Level: Main

Basement Information
Basement Features: None

Heating & Cooling
Has Heating
Heating Information: Forced Air
Cooling Information: None

Interior Features
Interior Features: Dining Room, High Tech Cabling, Walk-in Closet(s), Water Heater, Wired for Generator
Appliances: Dishwasher, Microwave, Refrigerator, Stove(s)/Range(s)
Flooring: Laminate, Vinyl
Appliances Included: Dishwasher(s),Microwave(s),Refrigerator(s),Stove(s)/Range(s)

Exterior

Building Information
Building Information: Built On Lot
Construction Materials: Wood
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
Has View
Zoning: City

Land Information
Vegetation: Garden Space

Lot Information
MLS Lot Size Source: Realist
Site Features: Cable TV,Fenced-Fully,High Speed Internet,Outbuildings,Patio,RV Parking
Lot Features: Corner Lot, Paved
Lot Size Units: Square Feet
Lot Size Acres: 0.1951
Elevation Units: Feet

Financial

Tax Information
Tax Annual Amount: $4,317
Tax Year: 2025

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

Utilities

Utility Information
Water Source: Public
Water Company: Lake Haven
Power Company: PSE
Sewer: Septic Tank
Sewer Company: Septic
Water Heater Location: Closet
Water Heater Type: Gas

Location

School Information
Elementary School: Lake Grove Elem
Middle Or Junior High School: Sacajawea Jnr High
High School: Federal Way Snr High
High School District: Federal Way

Location Information
Directions: From 320th in Federal Way - go Right on 1st Ave, Left on SW 305th Street, house five blocks down on left. House faces 5th Ave
Topography: Level

Community Information
Senior Exemption: false

Public facts

Beds: 2
Baths: 2.0
Sq. Ft.: 1,200
Stories: 1.0
Lot Size: 8,500 square feet
Style: Single Family Residential
Year Built: 1960
Year Renovated: —
County: King County
APN: 178890 0180

Home facts updated by county records on Sep 4, 2026

Other

Listing Information
Buyer Brokerage Compensation: 2.5
Buyer Brokerage Compensation Type: %
Mls Status: Sold

Listing Date Information
On Market Date: Saturday, December 6, 2025

Green Information
Power Production Type: Electric, Natural Gas

Home Information
Living Area: 1,100
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: 1960
Effective Year Built Source: Public Records
Structure Type: House
Levels: One
Security Features: Fully Fenced
Entry Location: Main

Around this home

Schools

Lake Grove Elementary School

Public PreK-5 • Assigned • 0.3mi

2/10

Lakota Middle School

Public 6-8 • Assigned • 0.8mi

5/10

Federal Way Senior High School

Public 9-12 • Assigned • 1.3mi

3/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Local insights from Redfin agents

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!
4 days ago • Federal Way
Andrew Maglalang-Weakley
Redfin Premier agent • Listing Agent
468 deals
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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

94/ 100

Exceptional sunlight

Sunscore

This home ranks in the top 5% for direct sun exposure in Federal Way. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

11.2 hrs

5.5 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$525,000 – $635,000

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New listings for sale in 98023

OPEN FRI, 4PM TO 6PM

$725,000

4 beds2.5 baths2,114 sq ft

181 SW 311th Pl, Federal Way, WA 98023