Sold249d on market
1281 S 315th Street
Federal Way, WA, 98003 • Mirror Lake • King County
$490,000
$490/sqft
3Beds
1Baths
1,000Sqft
0.21 acLot
1955Built
Property DNA
Federal Way
Mirror Lake
Outdoor Living
Double Pane/Storm Window · Dining Room · Skylight(s) · Wired for Generator
1-Car Garage
Attached Garage · RV Parking
Hardwood Floors
Quality flooring throughout
This home is getting attention
Listed 249 days ago · 28 views
Market activity
Demand and pricing signals for this listing
28 views
People checking out this listing
249 days on market
Established listing
$490/sqft
Price per square foot
Selling Soon Prediction
HighThis home ranks in the top 12% 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 1955
One level living on a BIG fully fenced lot between Mirror Lake and downtown Federal Way. This adorable Bungalow has a light and bright feel with big windows and skylights. Open kitchen and dining make the space feel welcoming and warm. Huge patio overlooks the backyard with fruit trees and roses. Enjoy plenty of space to garden and play. Originally built in 1955, this house had a great remodel done in 2005 which makes it feel current and usable. Big garage plus driveway and side parking; enough space for RVs and toys. Just one mile to the Federal Way Transit Center with Light Rail opening in 2026; enjoy upside from the revitalization of Town Center 3.
Standout features identified
Our analysis highlights huge patio, open kitchen, and light and bright feel as key attractions of this home.
Estimated monthly payment
Based on current rates
$3,050/month
Principal & Interest$2,397
Property Tax$490
Insurance$163
Down payment20% ($98,000)
3%50%
Est. 6.18% rate · 30yr fixed · $392,000 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1955
HeatingForced Air, Natural Gas
CoolingNone
Parking1 Attached Garage space
Lot9,365 sqft
Property
Home typeSingle Family
Sub-typeSingle Family Residence
Year built1955
Stories1
Systems
HeatingForced Air, Natural Gas
CoolingNone
RoofComposition
ConstructionWood Siding
Water / SewerPublic, Company: Lakehaven Utility Dist / Sewer Connected, Company: Lakehaven Utility Dist
Parking & Outdoor
ParkingAttached Garage, RV Parking
Garage1 spaces
BasementNone
Lot9,365 sqft
Location & Tax
NeighborhoodMirror Lake
Annual tax$4,256
Parcel7875200090
Bathrooms & Fees
Full baths1
Features & details
13 categories of property features
Interior Features
Interior
Dining Room
Appliances
Dishwasher(s)
Disposal
Dryer(s)
Microwave(s)
Refrigerator(s)
Stove(s)/Range(s)
Washer(s)
Garbage Disposal
Flooring
Hardwood
Heating
Forced Air
Natural Gas
Cooling
None
Windows
Double Pane/Storm Window
Skylight(s)
Exterior Features
Parking
Attached Garage
RV Parking
Construction
Wood Siding
Patio & Porch
Double Pane/Storm Window
Dining Room
Skylight(s)
Wired for Generator
Lot Features
Paved
Fenced-Fully
Gas Available
Patio
RV Parking
Community
Park
Playground
Utilities
Comcast
Comcast
Other Equipment
Wired for Generator
Room details
9 rooms detailed
Master Bedroom
MainBedroom
MainBedroom
MainBathroom Full
MainDining Room
MainEntry Hall
MainListing insights
Market data and value estimates
StatusSold
Days on market249
Est. value$494,100
Est. rent$2,706/mo
Tax rate0.82%
Price/sqft$490
On marketAug 14, 2025
PostedJun 23, 2025
Last sold$490,000
MLS statusSold
MLS updatedAug 31, 2025
Tour days6
Views28
How are the schools in Federal Way?
3 schools rated nearby
Location
Federal Way, WA, 98003
Price history
6 events
DateEventPrice$/sqftSource
Jul 31, 2025Sold$490,000$490NWMLS as distributed by MLS GRID
Jul 11, 2025Pending Sale$500,000$500NWMLS as distributed by MLS GRID
Jun 23, 2025Listed For Sale$500,000$500NWMLS as distributed by MLS GRID
Sep 15, 2009Sold$205,000$205NWMLS as distributed by MLS GRID
May 16, 2009Listed For Sale$224,500$225CENTURY 21 Barth & Associates
Nov 1, 2005Sold$262,000$262NWMLS as distributed by MLS GRID
Sold$490,000
Jul 31, 2025•$490/sqft•NWMLS as distributed by MLS GRID
Pending Sale$500,000
Jul 11, 2025•$500/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$500,000
Jun 23, 2025•$500/sqft•NWMLS as distributed by MLS GRID
Sold$205,000
Sep 15, 2009•$205/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$224,500
May 16, 2009•$225/sqft•CENTURY 21 Barth & Associates
Sold$262,000
Nov 1, 2005•$262/sqft•NWMLS as distributed by MLS GRID
Tax history
21 years of records
YearTax paidAssessed value
Apr 7, 2024$4,256$420,000
Apr 7, 2023$4,235$381,000
Apr 7, 2022$4,125$414,000
Apr 7, 2021$3,770$328,000
Apr 7, 2020$3,105$252,000
Apr 7, 2019$2,853$235,000
Apr 7, 2018$2,640$225,000
Apr 7, 2017$2,892$200,000
Apr 7, 2016$2,228$170,000
Apr 7, 2015$2,228$158,000
Apr 7, 2014$2,228$150,000
Apr 7, 2013$2,228$133,000
Apr 7, 2012—$127,000
Apr 7, 2011—$155,000
Apr 7, 2010—$178,000
Apr 7, 2009—$178,000
Apr 7, 2007—$177,000
Apr 7, 2006—$165,000
Apr 7, 2005—$153,000
Apr 7, 2001$1,648$121,000
Apr 7, 2000$1,547$109,000
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 07:33:33 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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