603 SW 307th St Federal Way, WA 98023
Mirror Lake NeighborhoodEstimated payment $3,243/month
About This Home
Welcome to this exceptional Federal Way home in the charming Mirror Lake neighborhood! Set on a spacious corner lot, this property features a detached garage and newly converted downstairs ADU—ideal for extended living, rental income, or multigenerational needs. Enjoy the benefits of being just moments from the local elementary school, making daily commutes a breeze. The expansive lot provides plenty of outdoor space for gatherings, gardening, or future enhancements. Inside, this residence combines comfortable living with income potential and flexibility, all in a location known for its convenience and community atmosphere. Don’t miss this opportunity to own a versatile home in a prime spot!
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2452686
Open House Schedule
-
Saturday, November 08, 202512:00 to 2:00 pm11/8/2025 12:00:00 PM +00:0011/8/2025 2:00:00 PM +00:00Add to Calendar
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,376
Year Built
- Built in 1959
Parking
- 1 Car Detached Garage
Home Design
- Split Foyer
- Composition Roof
- Cement Board or Planked
- Wood Composite
Interior Spaces
- 1,370 Sq Ft Home
- Multi-Level Property
Bedrooms and Bathrooms
Utilities
- Ductless Heating Or Cooling System
- Septic Tank
Additional Features
- 9,240 Sq Ft Lot
- Number of ADU Units: 0
Community Details
- No Home Owners Association
- Mirror Lake Subdivision
Listing and Financial Details
- Assessor Parcel Number 1788800330
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 | $4,376 | $430,000 | $139,000 | $291,000 |
| 2023 | $4,331 | $390,000 | $126,000 | $264,000 |
| 2022 | $3,858 | $424,000 | $115,000 | $309,000 |
| 2021 | $3,351 | $336,000 | $92,000 | $244,000 |
| 2020 | $3,086 | $273,000 | $75,000 | $198,000 |
| 2018 | $3,129 | $244,000 | $60,000 | $184,000 |
| 2017 | $2,665 | $217,000 | $55,000 | $162,000 |
| 2016 | $2,588 | $184,000 | $50,000 | $134,000 |
| 2015 | $2,413 | $171,000 | $48,000 | $123,000 |
| 2014 | -- | $163,000 | $48,000 | $115,000 |
| 2013 | -- | $141,000 | $57,000 | $84,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/06/2025 11/06/25 | For Sale | $549,950 | -- | $401 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $335,000 | Aegis Land Title Group | |
| Deed | -- | None Listed On Document | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $68,800 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $400,000 | New Conventional |
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2452686
APN: 178880-0330
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