NOT LISTED FOR SALE

1003 S 308th St Unit 6 Federal Way, WA 98003

Mirror Lake Neighborhood

Estimated Value: $224,000 - $279,000

2 Beds
1 Bath
825 Sq Ft
$349/mo HOA Fee

Last Sold September 27, 2024

Last sale price $276,500 $335 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $2,018/month

77 Days on Market

Highlights

  • Secluded Lot
  • Ground Level Unit
  • Patio
  • Territorial View
  • Balcony
  • Bathroom on Main Level

About This Home

As of September 2024

Beautifully remodeled 2bd/1bth single-level unit nestled in the quiet& secluded community of Forest Lake. Bright& open w/LED can lighting added throughout, new LVP flooring, fresh paint, new doors& trim, new water heater, new washer/dryer& more! Kitchen is beautifully redone w/New soft close cabinets, pro appliances, quartz countertops& SS range hood! 2 parking passes w/Covered spot& additional storage unit! Great commuter location! Walk to middle& high schools, bus stops& light rail! Just 20min to SeaTac! Close to shopping, restaurants, parks, lakes& more! Complex has new roof& new asphalt! All appliances stay! No rent cap! HOA dues cover Sewer, Water& Garbage! Pets allowed! FHA approved! Ideal for 1st-time buyers/investors. Must see!

Last Agent to Sell the Property

Travis Morris

Keller Williams Realty PS License #111591 Listed on: 06/13/2024

Keller Williams Realty PS

Last Buyer's Agent

Dee Dee Shirkey

KW Mountains to Sound Realty License #24013624

KW Mountains to Sound Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2251635

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,321

Year Built

  • Built in 1977

Lot Details

  • 1.88

HOA Fees

  • $349 Monthly HOA Fees

Home Design

  • Flat Roof Shape
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 825 Sq Ft Home
  • 2-Story Property
  • Insulated Windows
  • Vinyl Plank Flooring
  • Territorial Views

Kitchen

  • Stove
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Carport
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Patio

Schools

  • Nautilus Elementary School
  • Sacajawea Jnr High Middle School
  • Federal Way Snr High School

Utilities

  • Baseboard Heating
  • Water Heater

Additional Features

  • Street terminates at a dead end
  • Ground Level Unit

Listing and Financial Details

Community Details

Overview

  • Association fees include common area maintenance, garbage, sewer, water
  • 34 Units
  • Kris O Neal Association
  • Secondary HOA Phone (206) 200-1147
  • Forest Lake Condominiums
  • Federal Way Subdivision
  • Park Phone (206) 200-1147 | Manager Kris O'Neal

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,321

Year Built

Built in 1977

Lot Details

0

HOA Fees

$349 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Year Built: 1977
  • Buyer Agency Compensation: 2
  • Inclusions: Dishwasher(s),Dryer(s),Garbage Disposal,Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Forest Lake Condominiums
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 825
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 0
  • RemodeledUpdated: true
  • UnitFeatures: Balcony/Deck/Patio,Ground Floor,Insulated Windows
  • SOCComments: Thank you!
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2251635?w=Consumer&agent=93978
  • Special Features: VirtualTour
  • Cumulative Days on Market: 359

Interior Features

  • Appliances: Dishwasher(s), Dryer(s), Disposal, Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Full Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace: No
  • Flooring: Vinyl Plank
  • Interior Amenities: Balcony/Deck/Patio, Water Heater
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Stories: 2
  • Bathrooms: 1
  • BathsFullMain: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • FloorNumberOfUnit: 1
  • AppliancesIncluded: Dishwasher(s),Dryer(s),Garbage Disposal,Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • StorageLocation: Under Carport

Exterior Features

  • Roof: Flat
  • View: Territorial
  • Lot Features: Dead End Street, Paved, Secluded
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Structure Type: Multi Family
  • ViewFrom: Unit

Garage/Parking

  • Carport Y N: Yes
  • Parking Features: Carport, Off Street
  • Total Parking Spaces: 2
  • ParkingSpaceNumbers: 6A & 6B

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • WaterHeaterLocation: Hallway Closet
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Park Manager Name: Kris O'Neal
  • Park Manager Phone: 206-200-1147
  • Senior Community: No
  • Association Fee: 349
  • Association Fee Frequency: Monthly
  • Phone: 206-200-1147
  • Association: Yes
  • Pets Allowed: Subj to Restrictions
  • Common Interest: Condominium
  • AssociationContactName: Kris O-Neal

Fee Information

  • Association Fee Includes: Common Area Maintenance, Garbage, Sewer, Water

Schools

  • Junior High Dist: Federal Way
  • High School: Federal Way Snr High
  • Middle Or Junior School: Sacajawea Jnr High

Lot Info

  • Parcel Number: 2595900060
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSSquareFootageSource: Realist

Green Features

  • Efficiency: Insulated Windows
  • Power Production Type: Electric

Rental Info

  • RentalCap: No Rental Cap

Tax Info

  • Year: 2023
  • Tax Annual Amount: 2321

Multi Family

  • Number Of Units In Community: 34
  • EnergySource: Electric
  • UnitsInBuildingTotal: 4

MLS Schools

  • Elementary School: Nautilus Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2024
Closed on
Sep 19, 2024
Sold by
Strength Resource Systems Inc
Bought by
Durham Alexus
Seller's Agent
Travis Morris
Keller Williams Realty PS
Buyer's Agent
Dee Dee Shirkey
KW Mountains to Sound Realty
List Price
$299,000
Sold Price
$276,500
Premium/Discount to List
-$22,500
-7.53%
Views
29
Current Estimated Value
$262,733

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,767
Avg. Annual Appreciation
-6.26%
Original Mortgage
$66,803
Outstanding Balance
$54,293
Interest Rate
6.49%
Mortgage Type
FHA
Estimated Equity
$208,440

Purchase Details

Closed on
Jun 2, 2011
Sold by
The Secretary Of Housing & Urban Develop
Bought by
Strength Resource Systems Inc

Purchase Details

Closed on
Aug 23, 2010
Sold by
Smith William M
Bought by
Bac Home Loans Servicing Lp and Countrywide Home Loans Servicing Lp

Purchase Details

Closed on
Jun 27, 2007
Sold by
Huynh Tuan Anh and Nguyen Huong Xuan
Bought by
Smith William M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,864
Interest Rate
6.21%

Purchase Details

Closed on
Sep 29, 1997
Sold by
Borland Gregory D and Borland Lyle D
Bought by
Huynh Tuan Anh and Nguyen Huong Xuan
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Durham Alexus $276,500 Alliance Title
Strength Resource Systems Inc -- First American
Bac Home Loans Servicing Lp $149,630 None Available
The Secretary Of Housing & Urban Develop -- None Available
Smith William M $134,950 Rainier Title
Huynh Tuan Anh $32,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Durham Alexus $66,803
Open Durham Alexus $225,071
Previous Owner Strength Resource Systems Inc $680,200
Previous Owner Strength Resource Systems Inc $122,250
Previous Owner Smith William M $132,864
Previous Owner Huynh Tuan Anh $93,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2024 09/27/24 Sold $276,500 +0.5% $335 / Sq Ft
08/29/2024 08/29/24 Pending -- -- --
08/01/2024 08/01/24 Price Changed $275,000 -8.0% $333 / Sq Ft
06/26/2024 06/26/24 For Sale $299,000 0.0% $362 / Sq Ft
06/16/2024 06/16/24 Pending -- -- --
06/13/2024 06/13/24 For Sale $299,000 -- $362 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,616 $226,000 $33,500 $192,500
2023 $2,708 $249,000 $24,100 $224,900
2022 $1,806 $237,000 $21,400 $215,600
2021 $1,694 $159,000 $18,700 $140,300
2020 $1,560 $140,000 $18,700 $121,300
2018 $1,158 $116,000 $16,000 $100,000
2017 $1,143 $81,000 $16,000 $65,000
2016 $1,163 $80,000 $16,000 $64,000
2015 $1,036 $78,000 $16,000 $62,000
2014 -- $71,000 $13,400 $57,600
2013 -- $51,000 $13,400 $37,600
Source: Public Records

Agents Affiliated with this Home

  • Travis Morris

    Seller's Agent in 2024

    Travis Morris

    Keller Williams Realty PS

    (206) 960-4448

    2 in this area

    161 Total Sales

    Travis Morris
    Section Image
  • Dee Dee Shirkey

    Buyer's Agent in 2024

    Dee Dee Shirkey

    KW Mountains to Sound Realty

    (206) 486-2832

    1 in this area

    90 Total Sales

    Dee Dee Shirkey
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2251635

Northwest Multiple Listing Service (NWMLS)

APN: 259590-0060

Washington King County Federal Way 98003 Mirror Lake

1003 S 308th St Unit 6, Federal Way, WA

This home is located at 1003 S 308th St Unit 6, Federal Way, WA 98003 since 13 June 2024 and is currently estimated at $262,733, approximately $318 per square foot. This property was built in 1977. 1003 S 308th St Unit 6 is a home located in King County with nearby schools including Nautilus K-8 School, Sacajawea Middle School, and Federal Way High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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