2138 SW 305th Street, Federal Way, WA, 98023
About This Home
Incredibly well maintained, versatile 4-bedroom home on a beautiful half-acre lot in Federal Way. With 1,800 sq ft and a finished basement featuring a second kitchen and separate entrance, this property offers excellent flexibility for multigenerational living, guest space, or potential income-producing use. The park-like setting is enhanced by mature trees and generous outdoor space, creating a rare sense of privacy and room to spread out and entertain. A unique opportunity for buyers seeking both functionality and long-term potential.
Getting Around
Car-Dependent
Minimal Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1979
Materials
- Foundation: Poured Concrete
- Roof: Composition
- Construction materials: Wood Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Split Entry
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Dryer,Refrigerator,Stove(s)/Range(s),Trash Compactor,Washer,Dishwasher(s),Dryer(s),Refrigerator(s),Washer(s)
Basement
- Has basement: Yes
- Basement: Daylight,Finished
Bathroom Full
- Level: Lower
Bathroom Three Quarter
- Level: Main
Bedroom
- Level: Lower
Bedroom
- Level: Main
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 3
Dining Room
- Level: Main
Entry Hall
- Level: Split
Features
- Dining Room
- Flooring: Laminate,Vinyl Plank,Carpet
- Number of fireplaces: 1
- Fireplace features: Wood Burning,Main Level: 1,Fireplace
- Fireplace: Yes
Great Room
- Level: Lower
Heating & Cooling
- Heating features: Fireplace,Forced Air,Electric,Natural Gas
- Cooling features: None
Interior Area
- Total structure area: 1,800
- Total interior livable area: 1,800 sqft
Kitchen With Eating Space
- Level: Main
Kitchen Without Eating Space
- Level: Lower
Living Room
- Level: Main
Master Bedroom
- Level: Main
Utility Room
- Level: Lower
Property
Details
- Parcel number: 0051000080
- Special condition: Standard
Features
- Levels: Multi/Split
- Entry location: Split
- Patio & porch: Second Kitchen,Dining Room,Fireplace
Lot
- Lot size: 0.50 Acres
- Features: Cable TV,Fenced-Fully,High Speed Internet,Patio
Parking
- Parking features: Driveway,Off Street
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 | $3,281 | $39,372 |
| Home Insurance * | $149 | $1,788 |
| Property Taxes | $530 | $6,360 |
| Electricity | $149 | $1,793 |
| Total | $4,109 | $49,308 |
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 |
|---|---|---|
| 2026-04-02 | Listed for sale | $675,000 |
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