603 SW 307th St Federal Way, WA 98023
Mirror Lake NeighborhoodEstimated payment $3,269/month
Highlights
- Very Popular Property
- Engineered Wood Flooring
- No HOA
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. Detached garage offers an incredible opportunity for small business owners; comes with plumbing, heating and electrical. Inside, this residence combines comfortable living with income potential and flexibility, in a location known for its convenience and community atmosphere.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2453493
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,376
Year Built
- Built in 1959
Lot Details
- 9,240 Sq Ft Lot
Home Design
- Duplex
- Composition Roof
- Cement Board or Planked
- Wood Composite
Interior Spaces
- 1,370 Sq Ft Home
- 2-Story Property
- Engineered Wood Flooring
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Parking
- 7 Parking Spaces
- 1 Covered Space
- Open Parking
Utilities
- Ductless Heating Or Cooling System
- Cooling System Mounted In Outer Wall Opening
- Heating System Mounted To A Wall or Window
- Septic Tank
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: 2453493
APN: 178880-0330
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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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