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30718 5th Place S, Federal Way, WA, 98003

3beds
3baths
1,850sqft
$675,000
$365price/sqft
$4,277/moest. monthly cost
$171,080/yrincome needed

About This Home

Updated split-level home with flexible living space and a lower-level setup ideal for multi-generational living or potential rental income. The main floor features an open layout connecting the living room, dining area and kitchen. Large picture windows bring in plenty of natural light, while the wood-burning stove adds warmth and character. The kitchen offers a large island, stainless steel appliances, abundant cabinet storage, and generous counter space. Sliding doors lead to a a gorgeous Tiger wood deck overlooking the fully fenced, landscaped backyard. The upper level includes a spacious primary bedroom with an updated ensuite bath, two additional bedrooms, and an updated full bathroom. Ample storage includes two double linen closets and deep under-stair storage. The lower level features an inviting living area with a gas fireplace, kitchenette, updated full bathroom, and heated floors! Excellent flexibility for extended living, guests, or income potential. Outside, enjoy a lower patio, fire pit, mature landscaping, and a large access gate to the backyard. Additional features include central air conditioning and a newer water heater. Conveniently located with easy access to Light Rail, schools, parks, dog parks, shopping, dining, and Puget Sound beaches. NO HOA! Quiet neighborhood, yet close to everything! This is the one worth seeing!

Getting Around

23
WalkingCar-Dependent
36
TransitSome Transit
44
BikeSomewhat Bikeable

Schools

7/10
3/10
5/10
Sacajawea Middle SchoolGrades 6-80.7 mi

Construction

Condition

  • Property condition: Very Good
  • Year built: 1977

Materials

  • Foundation: Poured Concrete,See Remarks,Slab
  • Roof: Composition
  • Construction materials: Wood Siding

Notable Dates

  • Major remodel year: 1977

Type & Style

  • Home type: SingleFamily
  • Architectural style: Split Entry
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Double Oven,Dryer,Microwave,Refrigerator,See Remarks,Stove(s)/Range(s),Washer,Dishwasher(s),Dryer(s),Garbage Disposal,Microwave(s),Refrigerator(s),Washer(s),Water Heater: Gas,Water Heater Location: Garage

Basement

  • Basement: None

Bathroom Full

  • Level: Second

Bathroom Three Quarter

  • Level: Second

Bathroom Three Quarter

  • Level: Lower

Bedroom

  • Level: Second

Bedroom

  • Level: Second

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 1
  • 3/4 bathrooms: 2

Bonus Room

  • Level: Lower

Entry Hall

  • Level: Main

Family Room

  • Level: Second

Features

  • Bath Off Primary
  • Window features: Dbl Pane/Storm Window
  • Flooring: Ceramic Tile,See Remarks,Vinyl,Vinyl Plank,Carpet
  • Number of fireplaces: 2
  • Fireplace features: Gas,Wood Burning,Lower Level: 1,Upper Level: 1,Fireplace
  • Fireplace: Yes

Great Room

  • Level: Second

Heating & Cooling

  • Heating features: Fireplace,Forced Air,Heat Pump,Radiant,Electric,Natural Gas
  • Cooling features: Forced Air,Heat Pump

Interior Area

  • Total structure area: 1,850
  • Total interior livable area: 1,850 sqft

Kitchen With Eating Space

  • Level: Second

Master Bedroom

  • Level: Second

Other

  • Level: Lower

Rec Room

  • Level: Lower

Utility Room

  • Level: Lower

Property

Details

  • Parcel number: 2413300300
  • Zoning description: Jurisdiction: County
  • Special condition: Standard
  • Other equipment: Leased Equipment: None

Features

  • Levels: Multi/Split
  • Entry location: Main
  • Patio & porch: Second Kitchen,Bath Off Primary,Dbl Pane/Storm Window,Fireplace,Security System,Water Heater
  • Has view: Yes
  • View description: Territorial
  • Topography of land: Level,Partial Slope,Terraces

Lot

  • Lot size: 7,348 sqft
  • Features: Curbs,Paved,Sidewalk,Cable TV,Deck,Fenced-Fully,Gas Available,High Speed Internet,Patio

Parking

  • Total spaces: 4
  • Parking features: Driveway,Attached Garage,Off Street
  • Has garage: Yes
  • Covered spaces: 2
  • 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
    EarthquakeVery High
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Earthquake
Heat Wave

FEMA Declared Disasters in King County and Washington

Fire
Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

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

MonthlyAnnual
Mortgage $3,413$40,956
Home Insurance *$143$1,716
Property Taxes $572$6,864
Electricity $149$1,793
Total$4,277$51,324
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$146,640/yr
40% on housing$128,310/yr
45% on housing$114,053/yr

Washington FAIR Plan Programs

Washington FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 306Commercial: 55
Total Premiums$858,000
Total Exposure$176.33M

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.

Insurance Growth Rate5-year average: 8.9%
8.9%
0%30.0%
Electricity Growth Rate10-year average: 3.0%
3.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.7%
1.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$365This listing

vs Other Active Listings

Avg $/sqft

ZIP 98003$221
King County$442

vs Homes Sold Last Month

Median $/sqft

ZIP 98003$341
King County$485

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

DateEventPrice
2026-07-30Listed for sale$675,000

For Sale by Agent

AgentMark Gallagher
BrokerageJohn L. Scott Snohomish

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