Sold598d on market
1050 S 316th Street
Federal Way, WA, 98003 • Mirror Lake • King County
$530,000
$396/sqft
3Beds
1Baths
1,340Sqft
0.23 acLot
1967Built
Property DNA
Traditional Style
Built 1967 · 59 years of history
Federal Way
Mirror Lake
Outdoor Living
Laminate · Double Pane/Storm Window · Fireplace · Water Heater
1 Fireplace
Wood Burning · Main Level: 1 · Fireplace
3-Car Garage
Detached Garage · Off Street
This home is in high demand
Listed 598 days ago · 4 views · Top 9% likely to sell soon
Market activity
Demand and pricing signals for this listing
4 views
People checking out this listing
598 days on market
Established listing
$396/sqft
Price per square foot
Selling Soon Prediction
Very HighThis home ranks in the top 9% 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 1967
This well-maintained 3 bedroom rambler lives much larger than the square footage suggests. Large windows and updated flooring highlight the great flow and open spaces. Enjoy the ease of one-level living plus the added bonus of a spacious family room with space for a home office. The living room opens onto the dining area and the updated kitchen. Most of the systems and appliances are newer, too. The massive 3+ car detached garage comes complete with a 220v car charger and has more than enough room for all your toys and hobbies, plus there is a ton of off-street, secured parking.
Standout features identified
Our analysis highlights off-street secured parking, one-level living, and home office as key attractions of this home.
Estimated monthly payment
Based on current rates
$3,299/month
Principal & Interest$2,593
Property Tax$530
Insurance$177
Down payment20% ($106,000)
3%50%
Est. 6.18% rate · 30yr fixed · $424,000 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1967
HeatingFireplace, Forced Air, Natural Gas
CoolingNone
Parking3 Garage spaces
Lot10,123 sqft
Property
Home typeSingle Family
Sub-typeSingle Family Residence
StyleTraditional
ConditionGood
Year built1967
Stories1
Systems
HeatingFireplace, Forced Air, Natural Gas
CoolingNone
RoofComposition
ConstructionWood Siding
Water / SewerPublic, Company: Lake Haven / Sewer Connected, Company: Lake Haven
Parking & Outdoor
ParkingDetached Garage, Off Street
Garage3 spaces
BasementNone
Fireplaces1
Lot10,123 sqft
Location & Tax
NeighborhoodMirror Lake
Annual tax$5,082
Parcel8588000365
Bathrooms & Fees
Full baths1
Features & details
10 categories of property features
Interior Features
Appliances
Dishwashers_
Dryer(s)
GarbageDisposal_
Refrigerators_
StovesRanges_
Washer(s)
Dishwasher(s)
Garbage Disposal
Refrigerator(s)
Stove(s)/Range(s)
Water Heater: gas
Water Heater Location: bathroom closet
Flooring
Laminate
Vinyl
Heating
Fireplace
Forced Air
Natural Gas
Cooling
None
Fireplace
Wood Burning
Main Level: 1
Fireplace
Windows
Double Pane/Storm Window
Exterior Features
Parking
Detached Garage
Off Street
Construction
Wood Siding
Patio & Porch
Laminate
Double Pane/Storm Window
Fireplace
Water Heater
Lot Features
Curbs
Paved
Sidewalk
Cable TV
Electric Car Charging
Fenced-Fully
High Speed Internet
Shop
Room details
8 rooms detailed
Master Bedroom
MainBedroom
MainBedroom
MainBathroom Full
MainEntry Hall
MainFamily Room
MainListing insights
Market data and value estimates
StatusSold
Days on market598
Est. value$549,600
Est. rent$2,834/mo
Tax rate0.82%
Price/sqft$396
On marketJul 19, 2024
PostedJun 27, 2024
Last sold$530,000
MLS statusSold
MLS updatedAug 16, 2024
Tour days6
Views4
How are the schools in Federal Way?
3 schools rated nearby
Location
Federal Way, WA, 98003
Price history
7 events
DateEventPrice$/sqftSource
Aug 16, 2024Sold$530,000$396NWMLS as distributed by MLS GRID
Jul 25, 2024Pending Sale$549,900$410NWMLS as distributed by MLS GRID
Jun 27, 2024Listed For Sale$549,900$410NWMLS as distributed by MLS GRID
May 18, 2016Sold$280,000$209NWMLS as distributed by MLS GRID
Apr 5, 2016Pending Sale$260,000$194Federal Way Office
Apr 1, 2016Listed For Sale$260,000$194Federal Way Office
Jun 9, 1998Sold$135,000$101Public Record
Sold$530,000
Aug 16, 2024•$396/sqft•NWMLS as distributed by MLS GRID
Pending Sale$549,900
Jul 25, 2024•$410/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$549,900
Jun 27, 2024•$410/sqft•NWMLS as distributed by MLS GRID
Sold$280,000
May 18, 2016•$209/sqft•NWMLS as distributed by MLS GRID
Pending Sale$260,000
Apr 5, 2016•$194/sqft•Federal Way Office
Listed For Sale$260,000
Apr 1, 2016•$194/sqft•Federal Way Office
Sold$135,000
Jun 9, 1998•$101/sqft•Public Record
Tax history
21 years of records
YearTax paidAssessed value
Apr 7, 2024$5,077$509,000
Apr 7, 2023$5,082$461,000
Apr 7, 2022$4,953$501,000
Apr 7, 2021$4,527$397,000
Apr 7, 2020$4,158$342,000
Apr 7, 2019$3,832$319,000
Apr 7, 2018$3,539$305,000
Apr 7, 2017$3,882$271,000
Apr 7, 2016$2,980$230,000
Apr 7, 2015$2,980$214,000
Apr 7, 2014$2,980$203,000
Apr 7, 2013$2,980$155,000
Apr 7, 2012—$148,000
Apr 7, 2011—$181,000
Apr 7, 2010—$209,000
Apr 7, 2009—$209,000
Apr 7, 2007—$196,000
Apr 7, 2006—$182,000
Apr 7, 2005—$169,000
Apr 7, 2001$1,777$131,000
Apr 7, 2000$1,722$122,000
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 07:23:27 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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