Sold806d on market
34013 1st Circle S
Federal Way, WA, 98003 • West Campus • King County
$785,500
$282/sqft
2,784Sqft
0.25 acLot
1979Built
Property DNA
Territorial Views
Territorial
Panther Lake
West Campus
Outdoor Living
Wall to Wall Carpet · Laminate
Market activity
Demand and pricing signals for this listing
4 views
People checking out this listing
806 days on market
Established listing
$282/sqft
Price per square foot
About this home
Multi Family · Built 1979
Federal Way Four Plex: 4 1BR units, with fireplace, washer/dryer, galley kitchen, deck and parking. The Panther Lake complex is a collection of 4 plex units all run by the Panther Lake HOA and property management. Great rental income, the vacancy rate is very low, management fee is only 5% and the HOA takes care of the grounds, utility and general maintenance. Freshly painted exterior, 50 year roof. Unit A totally renovated from studs out! All units filled with contented tenants. The charm is that each unit looks out over the woods towards the lake. Cool shade! Great location with easy access. Profit and loss statement available! Photos available of the new unit.
Standout features identified
Our analysis highlights galley kitchen and freshly painted exterior as key attractions of this home.
Estimated monthly payment
Based on current rates
$5,538/month
Principal & Interest$3,813
Property Tax$786
Insurance$262
HOA$678
Down payment20% ($157,100)
3%50%
Est. 6.11% rate · 30yr fixed · $628,400 loan
Full calculator →At a glance
Key facts and listing details
TypeMulti Family
Year Built1979
HeatingWall Unit(s), Electric
CoolingNone
Parking4 Covered Parking spaces
HOA$678 monthly
Property
Home typeMulti Family
Sub-typeMulti Family
ConditionGood
Year built1979
Systems
HeatingWall Unit(s), Electric
CoolingNone
RoofComposition
ConstructionWood Siding
Water / SewerPublic, Company: Federal Way / Sewer Connected, Company: Federal Way
Parking & Outdoor
ParkingOpen
Lot0.25 Acres
Location & Tax
NeighborhoodWest Campus
Annual tax$7,535
Parcel1322020430
Bathrooms & Fees
HOA$678/mo
Features & details
8 categories of property features
Interior Features
Flooring
Laminate
Vinyl
Carpet
Heating
Wall Unit(s)
Electric
Cooling
None
Exterior Features
Parking
Open
Construction
Wood Siding
Patio & Porch
Wall to Wall Carpet
Laminate
Lot Features
Adjacent to Public Land
Paved
Secluded
Views
Territorial
Listing insights
Market data and value estimates
StatusSold
Days on market806
Est. value$856,600
Est. rent$2,640/mo
Tax rate0.82%
Price/sqft$282
On marketDec 6, 2023
PostedOct 12, 2023
Last sold$785,500
MLS statusSold
MLS updatedSep 5, 2024
Tour days6
Views4
How are the schools in Federal Way?
3 schools rated nearby
Location
Federal Way, WA, 98003
Price history
6 events
DateEventPrice$/sqftSource
Jan 22, 2024Sold$785,500$282NWMLS as distributed by MLS GRID
Dec 11, 2023Pending Sale$800,000$287NWMLS as distributed by MLS GRID
Oct 27, 2023Listed For Sale$800,000$287NWMLS as distributed by MLS GRID
Oct 13, 2023Pending Sale$800,000$287NWMLS as distributed by MLS GRID
Oct 12, 2023Listed For Sale$800,000$287NWMLS as distributed by MLS GRID
Nov 4, 1997Sold$172,000$62NWMLS as distributed by MLS GRID
Sold$785,500
Jan 22, 2024•$282/sqft•NWMLS as distributed by MLS GRID
Pending Sale$800,000
Dec 11, 2023•$287/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$800,000
Oct 27, 2023•$287/sqft•NWMLS as distributed by MLS GRID
Pending Sale$800,000
Oct 13, 2023•$287/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$800,000
Oct 12, 2023•$287/sqft•NWMLS as distributed by MLS GRID
Sold$172,000
Nov 4, 1997•$62/sqft•NWMLS as distributed by MLS GRID
Tax history
21 years of records
YearTax paidAssessed value
Apr 8, 2024$8,410$783,000
Apr 8, 2023$8,315$759,000
Apr 8, 2022$7,289$739,000
Apr 8, 2021$7,535$665,000
Apr 8, 2020$7,342$609,000
Apr 8, 2019$6,414$539,000
Apr 8, 2018$5,299$460,000
Apr 8, 2017$5,710$401,000
Apr 8, 2016$4,699$366,000
Apr 8, 2015$4,699$365,000
Apr 8, 2014$4,699$323,000
Apr 8, 2013$4,699$326,000
Apr 8, 2012—$326,000
Apr 8, 2011—$326,000
Apr 8, 2010—$345,000
Apr 8, 2009—$345,000
Apr 8, 2007—$310,000
Apr 8, 2006—$210,000
Apr 8, 2005—$210,000
Apr 8, 2001$2,377$176,000
Apr 8, 2000$2,518$180,000
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
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Based on information submitted to the MLS GRID as of 2026-04-08 04:58:19 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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