32304 4th Place S #R1, Federal Way, WA, 98003
About This Home
Welcome to this updated, move-in-ready condo in a quiet Federal Way community, offering low-maintenance living with convenient access to transit, shopping, and major freeways. Freshly remodeled, professionally cleaned, and newly painted, this home is truly ready for its next owner—simply move in and enjoy. The thoughtful layout includes convenient access from the back entry, along with plenty of open parking for residents and guests. Low monthly HOA dues are a major benefit, covering water, sewer, landscaping, and common-area maintenance to help keep ongoing costs predictable and affordable. The building exterior is currently being painted, giving the community a fresh and updated appearance. Small licensed pets under 30 pounds are allowed, with a limit of one dog or one cat, making this a great option for pet owners. Enjoy a peaceful setting close to schools, parks, bus lines, Highway 99, I-5, restaurants, and everyday shopping. Ideal for first-time buyers, downsizers, or investors, this Federal Way condo offers a low HOA, updated interior, pet-friendly rules, and strong rental potential. Schedule your showing today and make this clean, move-in-ready condo your new home.
Getting Around
Car-Dependent
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1979
Materials
- Roof: Composition
- Construction materials: Wood Products
Notable Dates
- Major remodel year: 1979
Type & Style
- Home type: Condo
- Architectural style: Condo (1 Level)
- Property subType: Condominium
Interior
Appliances
- Appliances included: Dishwasher,Microwave,Refrigerator,Stove(s)/Range(s),Dishwasher(s),Microwave(s),Refrigerator(s),Water Heater: Electric,Cooking - Electric Hookup,Cooking-Electric,Dryer-Electric,Washer
- Laundry features: Electric Dryer Hookup,Washer Hookup
Bathroom Full
- Level: Main
Bathroom Three Quarter
- Level: Main
Bedroom
- Level: Main
Bedroom
- Level: Main
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 3
Dining Room
- Level: Main
Entry Hall
- Level: Main
Features
- Flooring: Vinyl Plank
- Number of fireplaces: 1
- Fireplace features: Wood Burning,Main Level: 1,Fireplace
- Fireplace: Yes
Heating & Cooling
- Heating features: Fireplace,Forced Air,Electric,Wood
- Cooling features: None
Interior Area
- Total structure area: 981
- Total interior livable area: 981 sqft
Kitchen Without Eating Space
- Level: Main
Living Room
- Level: Main
Master Bedroom
- Level: Main
Utility Room
- Level: Main
Property
Details
- Parcel number: 9266601330
- Special condition: Standard
Features
- Levels: One
- Stories: 1
- Entry location: Main
- Patio & porch: Cooking-Electric,Dryer-Electric,Fireplace,Washer,Water Heater
- Spa features: Community
- Has view: Yes
- View description: Territorial
Lot
- Lot size: 15.81 Acres
Parking
- Total spaces: 2
- Parking features: Uncovered
- Has uncovered spaces: Yes
- 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 | $1,339 | $16,068 |
| Home Insurance * | $56 | $672 |
| Property Taxes | $266 | $3,192 |
| Electricity | $149 | $1,793 |
| Total | $1,810 | $21,720 |
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 |
|---|---|---|
| 2026-07-31 | Price change | $265,000 |
| 2026-07-16 | Listed for sale | $269,000 |
| 2016-07-01 | Sold | $142,595 |
| 2009-03-27 | Sold | $95,000 |
| 2008-12-29 | Sold | $146,967 |
| 2007-04-13 | Sold | $170,000 |
| 2005-12-21 | Sold | $110,000 |
| 2005-10-11 | Sold | $111,989 |
| 2002-10-24 | Sold | $117,500 |
View on Zillow