For Sale298d on market
4520 321 Street
Federal Way, WA, 98023 • Twin Lakes • King County
$1,199,000
$274/sqft
-$251,000 since Oct 23, 2025
Down payment assistance available
12Beds
7Baths
4,376Sqft
1977Built
Property DNA
Condo (1 Level) Style
Built 1977 · 49 years of history
Twin Lakes
Twin Lakes
This home is getting attention
Listed 298 days ago · 340 views · 3 saves
Market activity
Demand and pricing signals for this listing
340 views
People checking out this listing
3 saves
Buyers have saved this home
298 days on market
Established listing
$274/sqft
Price per square foot
About this home
Condo · Built 1977
Substantial Price Reduction because one unit sold separately. Bring your Investor to this Portfolio of 6 Condominiums at Maplewood. One owner and a board member for more than 20 years. All units have new upgraded electrical panels, water heaters, roofs, energy-efficient vinyl windows and more. (4) 2-bedroom units and (2) 1 bedroom with spacious living rooms with private decks and patios with much greenery. Great full-time staff and optional rental group membership to make this a Turnkey investment with nothing to do but see the rental checks come in and grow. Even add or sell units to your portfolio. Conveniently located near Twin Lakes golf course, shopping, Dash Point, and major transit options, including the light rail and I-5.
Standout features identified
Our analysis highlights new upgraded electrical panels, water heaters, and private decks and patios as key attractions of this home.
Estimated monthly payment
Based on current rates
$10,512/month
Principal & Interest$5,863
Property Tax$1,199
Insurance$400
HOA$3,050
Down payment20% ($239,800)
3%50%
Est. 6.18% rate · 30yr fixed · $959,200 loan
Full calculator →At a glance
Key facts and listing details
TypeCondominium
Year Built1977
HeatingBaseboard, Electric
CoolingNone
ParkingUncovered
HOA$3,050 monthly
Days on Zillow298 Days
Price/sqft$274
Property
Home typeCondo
Sub-typeCondominium
StyleCondo (1 Level)
Year built1977
Stories1
Systems
HeatingBaseboard, Electric
CoolingNone
RoofComposition
ConstructionWood Siding
Water / SewerCompany: HOA / Company: HOA
Parking & Outdoor
ParkingUncovered
Location & Tax
NeighborhoodTwin Lakes
Annual tax$14,262
Parcel5126001690
Bathrooms & Fees
Full baths7
HOA$3,050/mo
Features & details
7 categories of property features
Interior Features
Heating
Baseboard
Electric
Cooling
None
Exterior Features
Parking
Uncovered
Construction
Wood Siding
Community
Pool
Security
Security Service
Other Equipment
Leased Equipment: washer dryers
Room details
19 rooms detailed
Bedroom
MainBedroom
MainBedroom
MainBedroom
MainBedroom
MainBedroom
MainListing insights
Market data and value estimates
StatusFor Sale
Days on market298
Est. rent$4,025/mo
Tax rate0.82%
Price/sqft$274
On marketJun 6, 2025
PostedJun 12, 2025
MLS statusActive
MLS updatedOct 22, 2025
Tour days9
Views340
Favorites3
How are the schools in Federal Way?
3 schools rated nearby
Location
Federal Way, WA, 98023
Price history
2 events
DateEventPrice$/sqftSource
Oct 23, 2025Price Change$1,199,000$274NWMLS as distributed by MLS GRID
Jun 12, 2025Listed For Sale$1,450,000$331NWMLS as distributed by MLS GRID
Price Change$1,199,000
Oct 23, 2025•$274/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$1,450,000
Jun 12, 2025•$331/sqft•NWMLS as distributed by MLS GRID
Nearby homes
Neighborhood details
Local context around this listing
Federal Way, WA • King County
Nearby neighborhoods
AdelaideAlderbrookCampus HighlandsLaurelwoodMadronaMirror LakeRedondoSteel LakeTwin LakesWest Campus
Nearby cities
AuburnBellevueBothellFederal WayKentKirklandRedmondRenton
Nearby zip codes
98003980239806398093
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Based on information submitted to the MLS GRID as of 2026-04-07 04:33:28 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#39)
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