Pending76d on market
2520 S 317th Street #103
Federal Way, WA, 98003 • Steel Lake • King County
$260,000
$280/sqft
-$10,000 since Feb 5, 2026
Down payment assistance available
2Beds
2Baths
928Sqft
1980Built
Property DNA
Condo (1 Level) Style
Built 1980 · 46 years of history
Federal Way
Steel Lake
Outdoor Living
Cooking-Electric · Dryer-Electric · Fireplace · Washer · Water Heater
1 Fireplace
Wood Burning · Main Level: 1 · Fireplace
This home is getting attention
Listed 76 days ago · 217 views · 8 saves
Market activity
Demand and pricing signals for this listing
217 views
People checking out this listing
8 saves
Buyers have saved this home
76 days on market
Established listing
$280/sqft
Price per square foot
Selling Soon Prediction
HighThis home ranks in the top 11% 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
Condo · Built 1980
Welcome to your ideal Federal Way condo at Chelsea Court. A highly walkable community perfectly positioned just one block from the Federal Way Transit Center/Link Light Rail and only steps away from a wide variety of shopping, restaurants, entertainment, and conveniences. This spacious 2-bed, 1.5-bath home features an open floorplan with abundant natural light, ample closet storage, Cozy fireplace, and comfortable living spaces designed for everyday living and easy entertaining. Chelsea Court residents enjoy resort-style community amenities including a clubhouse, outdoor pool, hot tub, and sauna, perfect for relaxing or socializing year-round. The HOA also provides covered parking, guest parking, pet-friendly policies, and well-maintained grounds, making this an easy, low-maintenance lifestyle. Whether you’re commuting via the new Light Rail or hopping on I-5, you’re centrally located with quick access to major transportation routes, the Federal Way Commons Shopping Mall, grocery stores, cafes, parks, and more. Don’t miss this opportunity to own in one of Federal Way’s most desirable, walkable locations where convenience and community come together.
Standout features identified
Our analysis highlights cozy fireplace, ample closet storage, and well-maintained grounds as key attractions of this home.
Estimated monthly payment
Based on current rates
$2,089/month
Principal & Interest$1,272
Property Tax$260
Insurance$87
HOA$470
Down payment20% ($52,000)
3%50%
Est. 6.18% rate · 30yr fixed · $208,000 loan
Full calculator →At a glance
Key facts and listing details
TypeCondominium
Year Built1980
HeatingFireplace, Wall Furnace, Electric
CoolingWall Unit(s)
Parking1 Carport space
HOA$470 monthly
Days on Zillow76 Days
Price/sqft$280
Property
Home typeCondo
Sub-typeCondominium
StyleCondo (1 Level)
Year built1980
Stories1
Systems
HeatingFireplace, Wall Furnace, Electric
CoolingWall Unit(s)
RoofComposition
ConstructionWood Siding, Wood Products
Water / SewerCompany: HOA / Company: HOA
Parking & Outdoor
ParkingCarport
Fireplaces1
Location & Tax
NeighborhoodSteel Lake
Annual tax$3,056
Parcel1541800420
Bathrooms & Fees
Full baths1
HOA$470/mo
Features & details
11 categories of property features
Interior Features
Appliances
Dishwasher
Dishwasher(s)
Water Heater: Electric
Water Heater Location: Utility closet
Cooking - Electric Hookup
Cooking-Electric
Dryer-Electric
Washer
Flooring
Laminate
Vinyl
Carpet
Heating
Fireplace
Wall Furnace
Electric
Cooling
Wall Unit(s)
Laundry
Electric Dryer Hookup
Washer Hookup
Fireplace
Wood Burning
Main Level: 1
Fireplace
Exterior Features
Parking
Carport
Construction
Wood Siding
Wood Products
Patio & Porch
Cooking-Electric
Dryer-Electric
Fireplace
Washer
Water Heater
Community
Clubhouse
Pool
Security
Security Service
Room details
9 rooms detailed
Master Bedroom
MainBedroom
MainBathroom Full
MainOther
MainOther
Dining Room
MainListing insights
Market data and value estimates
StatusPending
Days on market76
Est. value$254,900
Est. rent$1,993/mo
Tax rate0.82%
Price/sqft$280
On marketSep 27, 2025
PostedJan 21, 2026
Last sold$60,000
MLS statusPending
MLS updatedMar 25, 2026
Tour days6
Views217
Favorites8
How are the schools in Federal Way?
3 schools rated nearby
Location
Federal Way, WA, 98003
Price history
9 events
DateEventPrice$/sqftSource
Mar 13, 2026Pending Sale$260,000$280NWMLS as distributed by MLS GRID
Feb 5, 2026Price Change$260,000$280NWMLS as distributed by MLS GRID
Jan 28, 2026Price Change$270,000$291NWMLS as distributed by MLS GRID
Jan 21, 2026Listed For Sale$275,000$296NWMLS as distributed by MLS GRID
Sep 3, 2010Sold$60,000$65NWMLS as distributed by MLS GRID
Jan 29, 2010Sold$169,805$183Public Record
Feb 2, 2007Sold$160,000$172NWMLS as distributed by MLS GRID
Nov 4, 2005Sold$111,200$120NWMLS as distributed by MLS GRID
Sep 29, 1998Sold$62,900$68Public Record
Pending Sale$260,000
Mar 13, 2026•$280/sqft•NWMLS as distributed by MLS GRID
Price Change$260,000
Feb 5, 2026•$280/sqft•NWMLS as distributed by MLS GRID
Price Change$270,000
Jan 28, 2026•$291/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$275,000
Jan 21, 2026•$296/sqft•NWMLS as distributed by MLS GRID
Sold$60,000
Sep 3, 2010•$65/sqft•NWMLS as distributed by MLS GRID
Sold$169,805
Jan 29, 2010•$183/sqft•Public Record
Sold$160,000
Feb 2, 2007•$172/sqft•NWMLS as distributed by MLS GRID
Sold$111,200
Nov 4, 2005•$120/sqft•NWMLS as distributed by MLS GRID
Sold$62,900
Sep 29, 1998•$68/sqft•Public Record
Tax history
21 years of records
YearTax paidAssessed value
Apr 7, 2024$3,056$266,000
Apr 7, 2023$3,144$289,000
Apr 7, 2022$2,542$259,000
Apr 7, 2021$2,266$200,000
Apr 7, 2020$2,125$176,000
Apr 7, 2019$2,028$169,000
Apr 7, 2018$1,608$138,000
Apr 7, 2017$1,822$127,000
Apr 7, 2016$1,043$103,000
Apr 7, 2015$1,043$77,000
Apr 7, 2014$1,043$70,000
Apr 7, 2013$1,043$58,000
Apr 7, 2012—$56,000
Apr 7, 2011—$102,000
Apr 7, 2010—$123,000
Apr 7, 2009—$123,000
Apr 7, 2007—$119,000
Apr 7, 2006—$105,000
Apr 7, 2005—$107,000
Apr 7, 2001$1,025$75,800
Apr 7, 2000$884$62,500
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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