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307 S 328th Lane, Federal Way, WA, 98003

2beds
3baths
1,410sqft
$449,000
$318price/sqft
$2,886/moest. monthly cost
$115,440/yrincome needed

About This Home

Enjoy the ease of owning in Heritage Court, where some of the lowest HOA dues around make everyday living feel just a little lighter. This beautifully refreshed townhome welcomes you with brand-new flooring, fresh paint, and updated trim—creating a space that feels bright, calm, and truly move-in ready. The thoughtfully designed two-bedroom layout offers a spacious primary suite with its own private bath, while the second bedroom flexes easily to fit your life; whether that’s hosting guests, working from home, or creating a cozy retreat of your own. The living room invites you to slow down and unwind by the fireplace, while the adjoining sunroom extends your living space and fills it with warmth and possibility year around. Step outside and discover a neighborhood made for connection; morning walks, nearby dining, everyday conveniences, and easy access to medical care. With the light rail just minutes away, trips to Sea-Tac or downtown Seattle become effortless. The HOA takes care of landscaping, giving you more time to enjoy the things that matter, along with community perks like a sport court and reservable cabana. This isn’t just a home; it’s a lifestyle designed to make life feel simpler, more connected, and truly enjoyable.

Getting Around

50
WalkingSomewhat Walkable
38
TransitSome Transit
60
BikeBikeable

Schools

2/10
4/10
Sequoyah Middle SchoolGrades 6-82.9 mi
3/10
Todd Beamer High SchoolGrades 9-122.4 mi

Construction

Condition

  • Property condition: Good
  • Year built: 1988

Materials

  • Foundation: Poured Concrete
  • Roof: Composition
  • Construction materials: Metal/Vinyl

Notable Dates

  • Major remodel year: 1988

Type & Style

  • Home type: SingleFamily
  • Architectural style: 2 Story
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Refrigerator,Stove(s)/Range(s),Washer,Dishwasher(s),Dryer(s),Refrigerator(s),Washer(s),Water Heater: Electric,Water Heater Location: Garage

Basement

  • Basement: None

Bathroom Full

  • Level: Second

Bathroom Full

  • Level: Second

Bedroom

  • Level: Second

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1
  • Main level bathrooms: 1

Family Room

  • Level: Main

Features

  • Window features: Dbl Pane/Storm Window
  • Flooring: Vinyl,Vinyl Plank,Carpet
  • Number of fireplaces: 1
  • Fireplace features: Wood Burning,Main Level: 1,Fireplace
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Fireplace,Wall Furnace,Electric
  • Cooling features: None

Interior Area

  • Total structure area: 1,410
  • Total interior livable area: 1,410 sqft

Kitchen With Eating Space

  • Level: Main

Living Room

  • Level: Main

Master Bedroom

  • Level: Second

Other

  • Level: Main

Property

Details

  • Parcel number: 9268710190
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Dbl Pane/Storm Window,Fireplace,Walk-In Closet(s),Water Heater
  • Has view: Yes
  • View description: Territorial
  • Topography of land: Level

Lot

  • Lot size: 1,302 sqft
  • Features: Curbs,Paved,Sidewalk,Fenced-Partially,Patio

Parking

  • Total spaces: 3
  • Parking features: Attached Garage
  • 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
    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 $2,270$27,240
Home Insurance *$95$1,140
Property Taxes $372$4,464
Electricity $149$1,793
Total$2,886$34,632
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$98,948/yr
40% on housing$86,580/yr
45% on housing$76,960/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

$318This listing

vs Other Active Listings

Avg $/sqft

ZIP 98003$223
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
2026-04-18Price change$489,000
2026-03-26Listed for sale$495,000
1988-06-29Sold$72,799

For Sale by Agent

AgentTerri Reade
BrokerageWindermere RE South Sound, Inc

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