115 S 339th Cir Federal Way, WA 98003
West Campus - Fed Way NeighborhoodEstimated payment $6,112/month
Highlights
- Deck
- Patio
- Wood Siding
- Sport Court
- Vinyl Plank Flooring
About This Home
A perfect opportunity for first-time or hands-off investors! This 100% turnkey 4-plex is located in the sought-after Panther Lake area, where the community boasts a vacancy rate under 2% and is professionally managed with community-maintained grounds.Each of the four units features 2 bedrooms / 1 bathroom, fireplace, in-unit washer and dryer. 4 carport parking plus additional visitor parking. Newer exterior paint (2024). Tenants reimburse for utilities. Professional property management is in place at just 5%, making this a true hands-free investment. Don’t miss this rare chance to own a low-maintenance, income-producing property in a thriving rental market.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2435784
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,455
Year Built
- Built in 1979
Lot Details
- 9,614 Sq Ft Lot
- Property is in good condition
HOA Fees
- $678 Monthly HOA Fees
Home Design
- Quadruplex
- Poured Concrete
- Composition Roof
- Wood Siding
- Wood Composite
Interior Spaces
- 3,056 Sq Ft Home
- 2-Story Property
Flooring
- Carpet
- Vinyl Plank
- Vinyl
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Parking
- 6 Parking Spaces
- Open Parking
Outdoor Features
- Sport Court
- Deck
- Patio
Schools
- Panther Lake Elementary School
- Illahee Jnr High Middle School
- Todd Beamer High School
Utilities
- Radiant Heating System
Community Details
- Panther Lake Condos
- Panther Lake Subdivision
Listing and Financial Details
- Assessor Parcel Number 1322020090
Map
Home Values in the Area
Average Home Value in this Area
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 | $8,455 | $790,000 | $200,000 | $590,000 |
| 2023 | $8,072 | $746,000 | $160,000 | $586,000 |
| 2022 | $8,198 | $827,000 | $140,000 | $687,000 |
| 2021 | $8,291 | $730,000 | $120,000 | $610,000 |
| 2020 | $7,169 | $694,000 | $120,000 | $574,000 |
| 2018 | $6,337 | $533,000 | $120,000 | $413,000 |
| 2017 | $5,815 | $447,000 | $100,000 | $347,000 |
| 2016 | $5,879 | $410,000 | $100,000 | $310,000 |
| 2015 | -- | $397,000 | $68,000 | $329,000 |
| 2014 | -- | $352,000 | $68,000 | $284,000 |
| 2013 | -- | $374,000 | $68,000 | $306,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/06/2025 11/06/25 | Price Changed | $899,000 | -2.8% | $294 / Sq Ft | |
| 10/20/2025 10/20/25 | Price Changed | $925,000 | -2.5% | $303 / Sq Ft | |
| 09/23/2025 09/23/25 | For Sale | $949,000 | +34.6% | $311 / Sq Ft | |
| 11/06/2020 11/06/20 | Sold | $705,000 | +4.4% | $231 / Sq Ft | View Prior Sale |
| 09/30/2020 09/30/20 | Pending | -- | -- | -- | |
| 09/23/2020 09/23/20 | For Sale | $675,000 | +101.5% | $221 / Sq Ft | |
| 09/04/2015 09/04/15 | Sold | $335,000 | 0.0% | $110 / Sq Ft | View Prior Sale |
| 07/22/2015 07/22/15 | Pending | -- | -- | -- | |
| 07/20/2015 07/20/15 | For Sale | $335,000 | -- | $110 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $705,000 | First American | |
| Warranty Deed | -- | Old Republic Title Ltd | |
| Warranty Deed | $535,000 | Old Republic Title Ltd | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | $335,000 | First American | |
| Warranty Deed | -- | First American | |
| Warranty Deed | -- | First American | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | $174,000 | Chicago Title Insurance Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $306,000 | New Conventional | |
| Previous Owner | $335,000 | No Value Available | |
| Previous Owner | $234,500 | No Value Available |
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2435784
APN: 132202-0090
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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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