1426 S 308th Lane, Federal Way, WA, 98003
About This Home
Enjoy Peace and Tranquility in this corner lot townhome that's nestled in the heart of the city of Federal Way. This Lovely 2 bedroom 1.5 bath townhouse offers 968 sqft livable space and a cute backyard that's great for entertaining & relaxation. This end unit offers a fully fenced front yard that's great for gardening. This home offers an attached garage and 2 off street parking spot in front of the house, on top of that the community offers an abundance of visitor parking spots & additional street parking for invited guests. Perfect location as it is minutes away from restaurants, grocery store, mall & schools. Easy access to I5 freeway, Park & Ride and Lightrail Station. This well maintained beauty is ready for it's new homeowners!
Getting Around
Very Walkable
Some Transit
BikeableSchools
Construction
Condition
- Year built: 1990
Materials
- Roof: Composition
- Construction materials: Metal/Vinyl
Notable Dates
- Major remodel year: 1990
Type & Style
- Home type: Townhouse
- Architectural style: Townhouse
- Property subType: Townhouse,Condominium
Interior
Appliances
- Appliances included: Dishwasher,Dryer,Microwave,Refrigerator,Dishwasher(s),Dryer(s),Microwave(s),Refrigerator(s),Cooking - Electric Hookup,Cooking-Electric,Dryer-Electric,Washer
- Laundry features: Electric Dryer Hookup,Washer Hookup
Bathroom Full
- Level: Second
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 1
Features
- Flooring: Ceramic Tile,Vinyl Plank,Carpet
- Fireplace features: Wood Burning
Heating & Cooling
- Heating features: Baseboard,Electric,Natural Gas
- Cooling features: None
Interior Area
- Total structure area: 968
- Total interior livable area: 968 sqft
Other
- Level: Main
Property
Details
- Parcel number: 0687950110
- Special condition: Standard
Features
- Levels: Multi/Split
- Entry location: Main
- Patio & porch: Cooking-Electric,Dryer-Electric,Washer
Lot
- Features: Paved,Sidewalk
Parking
- Total spaces: 3
- Parking features: Individual Garage,Off Street
- Has garage: Yes
- Covered spaces: 1
- Uncovered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Heat Wave
How This Home’s Risks Compare
FEMA Declared Disasters in King County and Washington
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,022 | $24,264 |
| Home Insurance * | $84 | $1,008 |
| Property Taxes | $253 | $3,036 |
| Electricity | $149 | $1,793 |
| Total | $2,508 | $30,096 |
Income You'd Need if You Spent...
Washington FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-17 | Listed for sale | $400,000 |
| 2023-09-12 | Sold | $360,000 |
| 2023-08-08 | Pending sale | $360,000 |
| 2023-06-23 | Listed for sale | $360,000 |
| 2008-04-11 | Sold | $178,000 |
| 2002-11-05 | Sold | $112,950 |
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