Listed by KW Greater Seattle, Bought with eXp Realty
$375,000
SOLD AUG 1, 2025

2003 SW 307th St Unit B Federal Way, WA 98023

Adelaide Neighborhood
2 Beds
2 Baths
1,042 Sq Ft
$505/mo HOA Fee

Recently Sold

$360 Per Sq Ft

1% Below List Price

Highlights

  • Property is near public transit
  • Forced Air Heating and Cooling System
  • Garage
  • Vaulted Ceiling
  • Bathroom on Main Level
  • Wood Burning Fireplace

About This Home

As of August 2025

A Condo That Lives Like a Single-Family Home! Nicely maintained rambler-style condo in the desirable Shady Tree community. Features a spacious primary suite with private 3⁄4 bath, a well-maintained full bath, vaulted ceilings, & laminate flooring throughout. The open living room includes a cozy wood-burning fireplace. The kitchen offers slab granite countertops, glass tile backsplash, solid wood cabinets, & an updated ceiling. All appliances included. Great size 2-car garage with laundry space. The fully fenced backyard is perfect for BBQs & outdoor entertaining, plus a welcoming entry patio. Conveniently located minutes from Dash Point Beach, The Commons@Federal Way, schools, hospitals & parks. Schedule your tour today and make it yours!

Last Agent to Sell the Property

Araceli Lopez Herrera

KW Greater Seattle License #122751 Listed on: 07/09/2025

KW Greater Seattle

Last Buyer's Agent

Daniel Frank

eXp Realty License #23005553

eXp Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2404514

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,775

Year Built

  • Built in 1981

HOA Fees

  • $505 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Composition Roof
  • Wood Composite

Interior Spaces

  • 1,042 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Laminate Flooring

Kitchen

  • Gas Oven or Range
  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Bathroom on Main Level

Laundry

  • Electric Dryer
  • Washer

Location

  • Property is near public transit
  • Property is near a bus stop

Schools

  • Adelaide Elementary School
  • Lakota Mid Sch Middle School
  • Decatur High School

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

Community Details

Overview

  • Association fees include common area maintenance, lawn service, sewer, water
  • 48 Units
  • Marie Miprano Marie@Tmsre.Com Association
  • Secondary HOA Phone (253) 265-4015
  • Shady Tree Condos
  • Adelaide Subdivision
  • Park Phone (253) 927-3076 | Manager Marie Miprano

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,775

Year Built

Built in 1981

Lot Details

0

HOA Fees

$505 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Year Built: 1981
  • Inclusions: Dishwasher(s),Dryer(s),Microwave(s),Refrigerator(s),See Remarks,Stove(s)/Range(s),Washer(s)
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Shady Tree
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1042
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 0
  • UnitFeatures: Vaulted Ceilings
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2404514?w=Consumer&agent=125711
  • Special Features: None

Interior Features

  • Appliances: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), See Remarks, Stove(s)/Range(s), Washer(s)
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace Features: Wood Burning
  • Fireplace: No
  • Flooring: Laminate
  • Interior Amenities: Cooking-Gas, Dryer-Electric, Vaulted Ceiling(s), Washer
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Stories: 1
  • Bathrooms: 1.75
  • 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: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • FloorNumberOfUnit: 1
  • AppliancesIncluded: Dishwasher(s),Dryer(s),Microwave(s),Refrigerator(s),See Remarks,Stove(s)/Range(s),Washer(s)
  • NWM_NumberOfBathtubs: 1
  • NWM_NumberOfShowers: 2

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Construction Type: Wood
  • Exterior Features: Wood Products
  • Structure Type: Multi Family
  • BusLineNearby: true
  • BusRouteNumber: #901

Garage/Parking

  • Carport Y N: No
  • Garage Yn: Yes
  • Parking Features: Individual Garage

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: Forced Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • Heating Yn: Yes
  • ApplianceHookups: Cooking-Gas,Dryer-Electric,Washer
  • PowerCompany: PSE
  • SewerCompany: HOA
  • WaterCompany: HOA

Condo/Co-op/Association

  • Park Manager Name: Marie Miprano
  • Park Manager Phone: 253-927-3076
  • Senior Community: No
  • Association Fee: 505
  • Association Fee Frequency: Monthly
  • Phone: 253-265-4015
  • Association: Yes
  • Pets Allowed: Yes
  • Common Interest: Condominium
  • AssociationContactName: Marie Miprano marie@tmsre.com

Fee Information

  • Association Fee Includes: Common Area Maintenance, Lawn Service, Sewer, Water

Schools

  • Junior High Dist: Federal Way
  • High School: Decatur High
  • Middle Or Junior School: Lakota Mid Sch

Lot Info

  • Parcel Number: 7703800280
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSLotSizeSource: Public records
  • MLSSquareFootageSource: Realist

Green Features

  • Power Production Type: Electric

Tax Info

  • Year: 2025
  • Tax Annual Amount: 3775

Multi Family

  • Number Of Units In Community: 48
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2

MLS Schools

  • Elementary School: Adelaide Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2025
Closed on
Jul 29, 2025
Sold by
Rico Julio C and Garcia Karla Guadalupe
Bought by
Jenne Family Revocable Living Trust and Jenne
Seller's Agent
Araceli Lopez Herrera
KW Greater Seattle
Buyer's Agent
Daniel Frank
eXp Realty
List Price
$380,000
Sold Price
$375,000
Premium/Discount to List
-$5,000
-1.32%
Views
47

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-29.13%

Purchase Details

Closed on
Feb 5, 2020
Sold by
Abramowicz Marian
Bought by
Rico Julio C and Garcia Karla Guadalupe Orozco

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,604
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 31, 2017
Sold by
Lindner Douglas C and Lindner Janet E
Bought by
Abramowicz Anthony A and Abramowicz Marian M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
3.93%

Purchase Details

Closed on
Jul 22, 1997
Sold by
Fitterer Magdalena
Bought by
Lindner Douglas C and Lindner Janet E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,800
Interest Rate
7.7%

Purchase Details

Closed on
Nov 1, 1993
Sold by
Larson Joanna
Bought by
Fitterer Louis J and Fitterer Magdalena
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 Type Sale Price Title Company
Warranty Deed $375,000 Ticor Title
Warranty Deed $270,000 Cw Title
Warranty Deed $210,000 First American Title Ins Co
Warranty Deed $97,500 Transnation Title Insurance
Warranty Deed $96,500 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $26,138 FHA
Previous Owner $10,604 Commercial
Previous Owner $265,109 FHA
Previous Owner $168,000 No Value Available
Previous Owner $126,000 No Value Available
Previous Owner $76,800 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2025 08/01/25 Sold $375,000 -1.3% $360 / Sq Ft
07/12/2025 07/12/25 Pending -- -- --
06/19/2025 06/19/25 For Sale $380,000 -- $365 / 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 $3,775 $333,000 $43,800 $289,200
2023 $3,051 $344,000 $31,500 $312,500
2022 $2,874 $307,000 $27,400 $279,600
2021 $2,859 $251,000 $27,400 $223,600
2020 $2,649 $235,000 $27,400 $207,600
2018 $2,580 $209,000 $21,900 $187,100
2017 $2,242 $178,000 $21,900 $156,100
2016 $2,016 $154,000 $21,900 $132,100
2015 $1,953 $132,000 $21,900 $110,100
2014 -- $131,000 $21,900 $109,100
2013 -- $105,000 $16,400 $88,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2404514

Northwest Multiple Listing Service (NWMLS)

APN: 770380-0280