Sold763d on market
34 S 342nd Place
Federal Way, WA, 98003 • West Campus • King County
$1,100,000
$306/sqft
3,600Sqft
0.29 acLot
1979Built
Property DNA
Panther Lake
West Campus
Outdoor Living
Wall to Wall Carpet · Laminate
Market activity
Demand and pricing signals for this listing
6 views
People checking out this listing
763 days on market
Established listing
$306/sqft
Price per square foot
About this home
Multi Family · Built 1979
Opportunity To Own a Turn Key 4-Plex in Panther Lake Complex - Renovations 2023. 2 Bed, 1 Bath. 2 Updated Units (Sep 2023), 2 Units With Prior Updates. Each Unit Features a Kitchen, Living Room, Washer/Dryer, & Cozy Fireplace. New Roof (Sep 2023) & Exterior Paint. 3 Occupied Units, 1 Advertised for Rent. Ideal for Owner Occupancy with Low Rates. On-Site Management (5%). HOA Covers Water, Sewer, Garbage, and Common Area Maintenance. 4 Covered Parking & 2 Guest Spots. Nearby Community Play Area & Sports Court. Easy Access to Upcoming Light Rail. Close to Schools, Shopping, and Restaurants. This is a perfect investment for a first-time investor or a hands-off investor. Interior Showings with Signed PSA. List of Capital improvements Provided.
Standout features identified
Our analysis highlights close to schools, cozy fireplace, and new roof as key attractions of this home.
Estimated monthly payment
Based on current rates
$7,485/month
Principal & Interest$5,341
Property Tax$1,100
Insurance$367
HOA$677
Down payment20% ($220,000)
3%50%
Est. 6.12% rate · 30yr fixed · $880,000 loan
Full calculator →At a glance
Key facts and listing details
TypeMulti Family
Year Built1979
HeatingBaseboard, Electric
CoolingNone
Parking4 Covered Parking spaces
HOA$677 monthly
Property
Home typeMulti Family
Sub-typeMulti Family
ConditionGood
Year built1979
Systems
HeatingBaseboard, Electric
CoolingNone
RoofComposition
ConstructionWood Products
Water / SewerCommunity, Company: Lake Haven Water / Available, Company: Lake Haven Water
Parking & Outdoor
ParkingOpen
Lot0.29 Acres
Location & Tax
NeighborhoodWest Campus
Annual tax$8,751
Parcel1322020620
Bathrooms & Fees
HOA$677/mo
Features & details
6 categories of property features
Interior Features
Flooring
Laminate
Vinyl
Carpet
Heating
Baseboard
Electric
Cooling
None
Exterior Features
Parking
Open
Construction
Wood Products
Patio & Porch
Wall to Wall Carpet
Laminate
Listing insights
Market data and value estimates
StatusSold
Days on market763
Est. value$1,078,000
Est. rent$1,887/mo
Tax rate0.82%
Price/sqft$306
On marketDec 6, 2023
PostedOct 13, 2023
Last sold$1,100,000
MLS statusSold
MLS updatedSep 5, 2024
Tour days6
Views6
How are the schools in Federal Way?
3 schools rated nearby
Location
Federal Way, WA, 98003
Price history
5 events
DateEventPrice$/sqftSource
Mar 5, 2024Sold$1,100,000$306NWMLS as distributed by MLS GRID
Jan 23, 2024Pending Sale$1,200,000$333NWMLS as distributed by MLS GRID
Jan 8, 2024Listed For Sale$1,200,000$333NWMLS as distributed by MLS GRID
Dec 27, 2023Pending Sale$1,200,000$333NWMLS as distributed by MLS GRID
Oct 13, 2023Listed For Sale$1,200,000$333NWMLS as distributed by MLS GRID
Sold$1,100,000
Mar 5, 2024•$306/sqft•NWMLS as distributed by MLS GRID
Pending Sale$1,200,000
Jan 23, 2024•$333/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$1,200,000
Jan 8, 2024•$333/sqft•NWMLS as distributed by MLS GRID
Pending Sale$1,200,000
Dec 27, 2023•$333/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$1,200,000
Oct 13, 2023•$333/sqft•NWMLS as distributed by MLS GRID
Tax history
21 years of records
YearTax paidAssessed value
Apr 8, 2024$9,454$855,000
Apr 8, 2023$8,730$776,000
Apr 8, 2022$8,751$870,000
Apr 8, 2021$9,489$825,000
Apr 8, 2020$9,583$785,000
Apr 8, 2019$7,667$627,000
Apr 8, 2018$6,454$543,000
Apr 8, 2017$6,970$476,000
Apr 8, 2016$5,766$428,000
Apr 8, 2015$5,766$414,000
Apr 8, 2014$5,766$384,000
Apr 8, 2013$5,766$398,000
Apr 8, 2012—$367,000
Apr 8, 2011—$367,000
Apr 8, 2010—$388,000
Apr 8, 2009—$388,000
Apr 8, 2007—$355,000
Apr 8, 2006—$244,000
Apr 8, 2005—$244,000
Apr 8, 2001$2,822$201,000
Apr 8, 2000$2,982$205,000
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 2026-04-07 18:33:58 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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