Sold270d on market
2038 S 304th Street
Federal Way, WA, 98003 • Steel Lake • King County
$775,000
$402/sqft
5Beds
4Baths
1,930Sqft
0.4 acLot
1956Built
Property DNA
Waterfront Property
Direct water access
Scenic Views
Lake · Territorial
Federal Way
Steel Lake
Outdoor Living
Second Primary Bedroom · Bath Off Primary · Double Pane/Storm Window · Fireplace · Skylight(s)
3 Fireplaces
Electric · Lower Level: 1 · Main Level: 2 · Fireplace
2-Car Garage
Detached Carport · Detached Garage · RV Parking
Ceramic Tile Floors
Quality flooring throughout
This home is getting attention
Listed 270 days ago · 6 views
Market activity
Demand and pricing signals for this listing
6 views
People checking out this listing
270 days on market
Established listing
$402/sqft
Price per square foot
Selling Soon Prediction
ModerateThis home ranks in the top 42% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
Want the full market analysis?
Get the detailed selling prediction score, comparable sales data, and price trend forecast for this property.
Free · Delivered to your inbox in minutes
About this home
Single Family · Built 1956
This exceptional 5-bed, 3.75-bath home on a 17,000+ sq ft lot and offers breathtaking lake views from nearly every rm. Designed with flexibility in mind, it’s perfect for dual living. Step inside the main level to discover a beautifully 2bed, 2bath, new interior featuring quartz countertops, new ss appliances, elegant tile flooring, and plush carpeting throughout. Downstairs, the fully finished lower level includes a 2nd primary suite, 2additional bedrooms, a full bath, family rm, and a separate private entrance, ideal for guests or extended stays. Enjoy the the expansive wrap-around deck overlooking the lake. With central A/C, a 2-car garage, RV carport, and a huge parking area, this home is both practical and luxurious
Standout features identified
Our analysis highlights breathtaking lake views, elegant tile flooring, and plush carpeting as key attractions of this home.
Estimated monthly payment
Based on current rates
$4,806/month
Principal & Interest$3,772
Property Tax$775
Insurance$258
Down payment20% ($155,000)
3%50%
Est. 6.14% rate · 30yr fixed · $620,000 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1956
HeatingFireplace, Forced Air, Electric, Natural Gas
Parking2 Garage spaces
Lot0.40 Acres
Property
Home typeSingle Family
Sub-typeSingle Family Residence
Year built1956
Stories1
Systems
HeatingFireplace, Forced Air, Electric, Natural Gas
RoofComposition
ConstructionBrick, Wood Siding
Water / SewerPublic, Company: Lakehaven / Sewer Connected, Company: Lakehaven
Parking & Outdoor
ParkingDetached Carport, Detached Garage, RV Parking
Garage2 spaces
BasementFinished
Fireplaces3
Lot0.40 Acres
Location & Tax
NeighborhoodSteel Lake
Annual tax$5,420
Parcel0421049127
Bathrooms & Fees
Full baths3
Features & details
11 categories of property features
Interior Features
Interior
Bath Off Primary
Appliances
Dishwasher(s)
Microwave(s)
Refrigerator(s)
Stove(s)/Range(s)
Flooring
Ceramic Tile
Carpet
Heating
Fireplace
Forced Air
Electric
Natural Gas
Fireplace
Electric
Lower Level: 1
Main Level: 2
Fireplace
Windows
Double Pane/Storm Window
Skylight(s)
Exterior Features
Parking
Detached Carport
Detached Garage
RV Parking
Construction
Brick
Wood Siding
Patio & Porch
Second Primary Bedroom
Bath Off Primary
Double Pane/Storm Window
Fireplace
Skylight(s)
Lot Features
Paved
Cable TV
Deck
Fenced-Partially
Gas Available
Patio
RV Parking
Views
Lake
Territorial
Room details
16 rooms detailed
Master Bedroom
MainBedroom
LowerBedroom
LowerBedroom
LowerBedroom
MainBathroom Full
LowerListing insights
Market data and value estimates
StatusSold
Days on market270
Est. value$777,200
Est. rent$3,568/mo
Tax rate0.82%
Price/sqft$402
On marketFeb 19, 2025
PostedMay 21, 2025
Last sold$775,000
MLS statusSold
MLS updatedAug 10, 2025
Tour days6
Views6
How are the schools in Federal Way?
3 schools rated nearby
Location
Federal Way, WA, 98003
Price history
8 events
DateEventPrice$/sqftSource
Jul 10, 2025Sold$775,000$402NWMLS as distributed by MLS GRID
Jun 13, 2025Pending Sale$790,000$409NWMLS as distributed by MLS GRID
Jun 10, 2025Price Change$790,000$409NWMLS as distributed by MLS GRID
May 21, 2025Listed For Sale$789,000$409NWMLS as distributed by MLS GRID
Nov 6, 2023Sold$496,000$257NWMLS as distributed by MLS GRID
Oct 24, 2023Pending Sale$475,000$246NWMLS as distributed by MLS GRID
Oct 21, 2023Listed For Sale$475,000$246NWMLS as distributed by MLS GRID
Dec 13, 2004Sold$242,950$126NWMLS as distributed by MLS GRID
Sold$775,000
Jul 10, 2025•$402/sqft•NWMLS as distributed by MLS GRID
Pending Sale$790,000
Jun 13, 2025•$409/sqft•NWMLS as distributed by MLS GRID
Price Change$790,000
Jun 10, 2025•$409/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$789,000
May 21, 2025•$409/sqft•NWMLS as distributed by MLS GRID
Sold$496,000
Nov 6, 2023•$257/sqft•NWMLS as distributed by MLS GRID
Pending Sale$475,000
Oct 24, 2023•$246/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$475,000
Oct 21, 2023•$246/sqft•NWMLS as distributed by MLS GRID
Sold$242,950
Dec 13, 2004•$126/sqft•NWMLS as distributed by MLS GRID
Tax history
21 years of records
YearTax paidAssessed value
Apr 7, 2024$5,420$540,000
Apr 7, 2023$5,410$492,000
Apr 7, 2022$5,448$553,000
Apr 7, 2021$4,824$424,000
Apr 7, 2020$4,404$363,000
Apr 7, 2019$4,170$348,000
Apr 7, 2018$3,821$330,000
Apr 7, 2017$4,244$297,000
Apr 7, 2016$2,938$274,000
Apr 7, 2015$2,938$211,000
Apr 7, 2014$2,938$200,000
Apr 7, 2013$2,938$169,000
Apr 7, 2012—$161,000
Apr 7, 2011—$173,000
Apr 7, 2010—$219,000
Apr 7, 2009—$219,000
Apr 7, 2007—$224,000
Apr 7, 2006—$212,000
Apr 7, 2005—$203,000
Apr 7, 2001$1,985$147,000
Apr 7, 2000$1,897$135,000
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
Similar homes
Based on information submitted to the MLS GRID as of 2026-04-07 09:18:20 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)
No obligation · Same-day response