For Sale42d on market
2534 S 317th Street #103
Federal Way, WA, 98003 • Steel Lake • King County
$279,950
$327/sqft
-$15,000 since Mar 24, 2026
Down payment assistance available
2Beds
2Baths
856Sqft
0.03 acLot
1980Built
Property DNA
1 Story Style
Built 1980 · 46 years of history
Steel Lake
Steel Lake
This home is getting attention
Listed 42 days ago · 1,775 views · 25 saves
Market activity
Demand and pricing signals for this listing
1,775 views
People checking out this listing
25 saves
Buyers have saved this home
42 days on market
Established listing
$327/sqft
Price per square foot
Selling Soon Prediction
HighThis home ranks in the top 17% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Single Family · Built 1980
Welcome to this beautifully updated 2-bedroom, 1.5-bathroom ground-level condo in the heart of Federal Way! Enjoy the ease of single-level living with fresh tile flooring and new paint throughout, making this home move-in ready. The layout is ideal for those looking to downsize or avoid stairs altogether. Located just minutes from shopping, dining, parks, and all the most convenient amenities the area has to offer. With quick access to I-5 and Highway 18, this condo is perfect for Seattle or Tacoma commuters. Don’t miss this affordable opportunity to own a stylish, low-maintenance home in a prime location!
Standout features identified
Our analysis highlights single-level living, fresh tile flooring, and new paint throughout as key attractions of this home.
Estimated monthly payment
Based on current rates
$2,197/month
Principal & Interest$1,370
Property Tax$280
Insurance$93
HOA$454
Down payment20% ($55,990)
3%50%
Est. 6.18% rate · 30yr fixed · $223,960 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1980
HeatingBaseboard, Electric
Parking1 Covered Parking space
HOA$454 monthly
Lot1,498 sqft
Days on Zillow42 Days
Price/sqft$327
Property
Home typeSingle Family
Sub-typeSingle Family Residence
Style1 Story
Year built1980
Stories1
Systems
HeatingBaseboard, Electric
RoofBuilt-Up
ConstructionLog
Water / SewerCommunity, Company: Lake haven / Sewer Connected, Company: Lake haven
Parking & Outdoor
ParkingNone
Lot1,498 sqft
Location & Tax
NeighborhoodSteel Lake
Annual tax$2,266
Parcel1541800220
Bathrooms & Fees
Full baths1
HOA$454/mo
Features & details
8 categories of property features
Interior Features
Appliances
Dishwasher
Microwave
See Remarks
Stove(s)/Range(s)
Dishwasher(s)
Microwave(s)
Flooring
Laminate
Heating
Baseboard
Electric
Fireplace
Electric
Exterior Features
Parking
None
Construction
Log
Security
Security Service
Utilities
Comcast
Comcast
Room details
5 rooms detailed
Bedroom
MainBedroom
MainBathroom Full
MainOther
MainKitchen With Eating Space
MainListing insights
Market data and value estimates
StatusFor Sale
Days on market42
Est. value$277,800
Est. rent$2,190/mo
Tax rate0.82%
Price/sqft$327
On marketFeb 24, 2026
PostedFeb 24, 2026
Last sold$250,000
MLS statusActive
MLS updatedMar 23, 2026
Tour days9
Views1,775
Favorites25
How are the schools in Federal Way?
3 schools rated nearby
Location
Federal Way, WA, 98003
Price history
12 events
DateEventPrice$/sqftSource
Mar 24, 2026Price Change$279,950$327NWMLS as distributed by MLS GRID
Feb 24, 2026Listed For Sale$294,950$345NWMLS as distributed by MLS GRID
Feb 20, 2026Listing Removed$294,950$345eXp Realty
Dec 16, 2025Listed For Sale$294,950$345eXp Realty
Mar 2, 2023Sold$250,000$292NWMLS as distributed by MLS GRID
Feb 14, 2023Pending Sale$249,950$292NWMLS as distributed by MLS GRID
Feb 2, 2023Listed For Sale$249,950$292NWMLS as distributed by MLS GRID
Mar 27, 2012Sold$34,900$41NWMLS as distributed by MLS GRID
Aug 22, 2011Sold$52,000$61Public Record
Jul 11, 2011Sold$44,500$52Agent Provided
Feb 10, 2009Sold$128,000$150NWMLS as distributed by MLS GRID
May 17, 2006Sold$134,500$157Public Record
Price Change$279,950
Mar 24, 2026•$327/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$294,950
Feb 24, 2026•$345/sqft•NWMLS as distributed by MLS GRID
Listing Removed$294,950
Feb 20, 2026•$345/sqft•eXp Realty
Listed For Sale$294,950
Dec 16, 2025•$345/sqft•eXp Realty
Sold$250,000
Mar 2, 2023•$292/sqft•NWMLS as distributed by MLS GRID
Pending Sale$249,950
Feb 14, 2023•$292/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$249,950
Feb 2, 2023•$292/sqft•NWMLS as distributed by MLS GRID
Sold$34,900
Mar 27, 2012•$41/sqft•NWMLS as distributed by MLS GRID
Sold$52,000
Aug 22, 2011•$61/sqft•Public Record
Sold$44,500
Jul 11, 2011•$52/sqft•Agent Provided
Sold$128,000
Feb 10, 2009•$150/sqft•NWMLS as distributed by MLS GRID
Sold$134,500
May 17, 2006•$157/sqft•Public Record
Tax history
21 years of records
YearTax paidAssessed value
Apr 7, 2024$3,119$274,000
Apr 7, 2023$3,313$305,000
Apr 7, 2022$2,533$258,000
Apr 7, 2021$2,266$200,000
Apr 7, 2020$2,113$175,000
Apr 7, 2019$2,016$168,000
Apr 7, 2018$1,585$136,000
Apr 7, 2017$1,808$126,000
Apr 7, 2016$1,043$102,000
Apr 7, 2015$1,043$78,000
Apr 7, 2014$1,043$70,000
Apr 7, 2013$1,043$59,000
Apr 7, 2012—$55,000
Apr 7, 2011—$104,000
Apr 7, 2010—$122,000
Apr 7, 2009—$122,000
Apr 7, 2007—$119,000
Apr 7, 2006—$101,000
Apr 7, 2005—$103,000
Apr 7, 2001$994$73,400
Apr 7, 2000$859$60,600
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 08:58:21 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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