505 SW 305th St Federal Way, WA 98023
Mirror Lake NeighborhoodEstimated payment $3,244/month
Highlights
- RV Access or Parking
- Corner Lot
- Storm Windows
- Territorial View
- No HOA
- Walk-In Closet
About This Home
Welcome to this charming 2 bedroom, 13⁄4 bathroom one-story home! Situated on a large, flat corner lot with excellent parking & yard access. Enjoy spacious living & dining areas, an updated open kitchen w/quartz counters, breakfast bar, bright, new cabinetry, updated electrical, generator hook-up & 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 & plenty of space to entertain. The oversized driveway can easily fit 6 cars! Ideal location near schools, parks, shops, restaurants, freeway access & Redondo Beach.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2459200
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,317
Year Built
- Built in 1960
Lot Details
- 8,500 Sq Ft Lot
- Property is Fully Fenced
- Corner Lot
- Level Lot
- Garden
Home Design
- Poured Concrete
- Composition Roof
- Wood Siding
Interior Spaces
- 1,100 Sq Ft Home
- 1-Story Property
- Dining Room
- Territorial Views
Kitchen
- Stove
- Microwave
- Dishwasher
Flooring
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- Walk-In Closet
- Bathroom on Main Level
Home Security
- Home Security System
- Storm Windows
Parking
- Driveway
- Off-Street Parking
- RV Access or Parking
Outdoor Features
- Patio
- Outbuilding
Schools
- Lake Grove Elementary School
- Sacajawea Jnr High Middle School
- Federal Way Snr High School
Utilities
- Forced Air Heating System
- Generator Hookup
- Water Heater
- Septic Tank
- High Speed Internet
- High Tech Cabling
- Cable TV Available
Community Details
- No Home Owners Association
- Federal Way Subdivision
Listing and Financial Details
- Down Payment Assistance Available
- Visit Down Payment Resource Website
- Assessor Parcel Number 1788900180
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 | $4,317 | $428,000 | $139,000 | $289,000 |
| 2023 | $4,192 | $388,000 | $126,000 | $262,000 |
| 2022 | $3,836 | $421,000 | $115,000 | $306,000 |
| 2021 | $3,082 | $334,000 | $92,000 | $242,000 |
| 2020 | $2,829 | $250,000 | $75,000 | $175,000 |
| 2018 | $2,864 | $223,000 | $60,000 | $163,000 |
| 2017 | $2,442 | $198,000 | $55,000 | $143,000 |
| 2016 | $2,370 | $168,000 | $50,000 | $118,000 |
| 2015 | $2,200 | $156,000 | $48,000 | $108,000 |
| 2014 | -- | $148,000 | $48,000 | $100,000 |
| 2013 | -- | $133,000 | $57,000 | $76,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/06/2025 12/06/25 | For Sale | $549,950 | +59.4% | $500 / Sq Ft | |
| 06/24/2020 06/24/20 | Sold | $345,000 | +9.5% | $314 / Sq Ft | View Prior Sale |
| 05/20/2020 05/20/20 | Pending | -- | -- | -- | |
| 05/18/2020 05/18/20 | Price Changed | $315,000 | 0.0% | $286 / Sq Ft | |
| 05/18/2020 05/18/20 | For Sale | $315,000 | +1.6% | $286 / Sq Ft | |
| 03/24/2020 03/24/20 | Pending | -- | -- | -- | |
| 03/19/2020 03/19/20 | For Sale | $310,000 | -- | $282 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Trustee Deed | $365,620 | None Listed On Document | |
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | $345,000 | First American | |
| Warranty Deed | $124,950 | Transnation Title Insurance | |
| Warranty Deed | $95,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $342,825 | New Conventional | |
| Previous Owner | $345,000 | VA | |
| Previous Owner | $124,080 | FHA |
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2459200
APN: 178890-0180
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