NOT LISTED FOR SALE

2238 S 308th St Federal Way, WA 98003

Steel Lake Neighborhood

Estimated Value: $497,000 - $637,000

3 Beds
1 Bath
1,260 Sq Ft
$458/Sq Ft Est. Value

Last Sold October 07, 2016

Last sale price $340,000 $270 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $3,609/month

30 Days on Market

Highlights

  • Waterfront Community
  • RV Access or Parking
  • Craftsman Architecture
  • Community Boat Launch
  • Lake View
  • 1 Fireplace

About This Home

As of October 2016

Rare to find these days...over half acre with 40 ft of Waterfront on gorgeous Steel Lake! Daylight basement with level entry on main floor. Huge picture window on both flrs facing Lakefront for a vacation-like feel throughout. Give this loving home a facelift & make it your own special retreat.Great Room on main floor with big deck. Quaint European-style stone patio on lower level. Ambiance & character galore! Beautifully landscaped private lot gently rolls down to lakefront Wrap-around deck.

Last Listed By

Barb Foster

Windermere Prof Partners License #5289 Listed on: 05/06/2016

Windermere Prof Partners

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM938170

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,563

Year Built

  • Built in 1939

Lot Details

  • Partially Fenced Property
  • Terraced Lot
  • Garden

Home Design

  • Craftsman Architecture
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1 Bathroom
  • 1 Fireplace
  • Vinyl Flooring
  • Lake Views
  • Partially Finished Basement
  • Natural lighting in basement
  • Oven or Range

Parking

  • Off-Street Parking
  • RV Access or Parking

Outdoor Features

  • Patio
  • Outbuilding

Utilities

  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0537000195

Community Details

Overview

  • Steel Lake Community

Recreation

  • Community Boat Launch
  • Waterfront Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,563

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 16 - 1 Story W/Bsmnt.
  • Architecture: Craftsman
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1939
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Dining Room, Disabled Access
  • Floor Covering: Vinyl
  • Appliances That Stay: Range/Oven, Refrigerator
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 1
  • Lower Level Bedroom: 2
  • Bathrooms: 1.75
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Three Quarter Bathrooms Lower: 1
  • Master Bedroom: Main
  • Fireplaces: 1
  • Fireplaces Lower: 1
  • Basement: Daylight, Partially Finished
  • Den or Office: Lower
  • Dining Room: Main
  • Kitchen: Main
  • Living Room: Main
  • Recreation Room: Lower
  • Estimated Sq Ft: 1710
  • Square Footage Finished: 1260
  • Square Footage Unfinished: 450

Exterior Features

  • Exterior: Wood
  • Roof: Composition
  • View: Lake
  • Waterfront: Bank-Medium, Lake
  • Waterfront Frontage: 40

Garage/Parking

  • Parking Type: Off Street

Utilities

  • Heating And Cooling: Baseboard, Stove/Free Standing
  • Sewer: Sewer Connected
  • Water Heater: Basement-Electric
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 10
  • Community Name: Steel Lake
  • Project: Steel Lake
  • Community Features: Boat Launch, Community Waterfront/Pvt Beach

Schools

  • School District: FED

Lot Info

  • Lot Details: Paved Street
  • Lot Sq Ft: 26725
  • Lot Topography Vegetation: Garden Space, Partial Slope, Terraces
  • Parcel Number: 0537000195
  • Lot Topography: Garden Space, Partial Slope, Terraces

Tax Info

  • Tax Amount: 3619

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 10, 2022
Sold by
Nguyen and Nancy
Bought by
Nguyen Michelle
Total Days on Market
30
Current Estimated Value
$576,855

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,000
Outstanding Balance
$344,553
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 6, 2016
Closed on
Oct 4, 2016
Sold by
Bennitt Eleanor J
Bought by
Nguyen Michelle
Seller's Agent
Barb Foster
Windermere Prof Partners
Buyer's Agent
John Valentine
Berkshire Hathaway HS NW
List Price
$339,950
Sold Price
$340,000
Premium/Discount to List
$50
0.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,000
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 8, 1994
Sold by
Bennitt Melvin
Bought by
Bennitt Eleanor J

Range of Values:

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Average Value
Not Available
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
Nguyen Michelle $313 None Listed On Document
Nguyen Michelle $340,000 Rainier Title
Bennitt Eleanor J -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nguyen Michelle $365,000
Previous Owner Nguyen Michelle $335,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2016 10/07/16 Sold $340,000 +4.6% $270 / Sq Ft
06/06/2016 06/06/16 Pending -- -- --
05/20/2016 05/20/16 Price Changed $324,950 -4.4% $258 / Sq Ft
05/06/2016 05/06/16 For Sale $339,950 -- $270 / 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 $4,563 $450,000 $177,000 $273,000
2023 $4,320 $389,000 $161,000 $228,000
2022 $4,780 $547,000 $178,000 $369,000
2021 $4,369 $420,000 $162,000 $258,000
2020 $4,136 $360,000 $140,000 $220,000
2018 $4,579 $357,000 $113,000 $244,000
2017 $4,225 $321,000 $113,000 $208,000
2016 $3,912 $296,000 $108,000 $188,000
2015 $3,619 $262,000 $136,000 $126,000
2014 -- $248,000 $126,000 $122,000
2013 -- $209,000 $126,000 $83,000
Source: Public Records

Agents Affiliated with this Home

  • Barb Foster

    Seller's Agent in 2016

    Barb Foster

    Windermere Professional Partners

    (574) 968-4208

    44 Total Sales

    Barb Foster
    Section Image

  • J

    Buyer's Agent in 2016

    John Valentine

    Berkshire Hathaway HomeServices Northwest Real Estate

    (206) 399-4732

    11 Total Sales

    John Valentine
    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM938170

Northwest Multiple Listing Service (NWMLS)

APN: 053700-0195

Washington King County Federal Way 98003 Steel Lake

2238 S 308th St, Federal Way, WA

Homes for Sale in Federal Way, WA

This home is located at 2238 S 308th St, Federal Way, WA 98003 since 06 May 2016 and is currently estimated at $576,855, approximately $457 per square foot. This property was built in 1939. 2238 S 308th St is a home located in King County with nearby schools including Wildwood Elementary 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) 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. ©2025 NWMLS.

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