For Sale
1040 S 320th Street #36
Federal Way, WA, 98003 • Mirror Lake • King County
$320,000
$294/sqft
Down payment assistance available
2Beds
2Baths
1,088Sqft
1978Built
Property DNA
Townhouse Style
Built 1978 · 48 years of history
Federal Way
Mirror Lake
Outdoor Living
Fireplace
1 Fireplace
Gas · See Remarks · Main Level: 1 · Fireplace
Ceramic Tile Floors
Quality flooring throughout
Just Listed
Listed Apr 5, 2026
Market activity
Demand and pricing signals for this listing
133 views
People checking out this listing
9 saves
Buyers have saved this home
$294/sqft
Price per square foot
About this home
Condo · Built 1978
Welcome to this townhouse-style condo in Federal Way offering 2 bedrooms, 1.5 baths, and a functional two-story layout. The main level features an inviting living space with fireplace, open flow, and convenient half bath, while both bedrooms are located upstairs for added privacy. Enjoy your own fenced patio with storage and the convenience of in-unit laundry. Centrally located near shopping, dining, transit, and major commuter routes, this home is a great opportunity for a first-time buyer, downsizer, or investor looking for comfort, value, and location. Seller offering a $2,500 credit toward carpet replacement.
Standout features identified
Our analysis highlights open flow, in-unit laundry, and functional two-story layout as key attractions of this home.
Estimated monthly payment
Based on current rates
$2,392/month
Principal & Interest$1,565
Property Tax$320
Insurance$107
HOA$400
Down payment20% ($64,000)
3%50%
Est. 6.18% rate · 30yr fixed · $256,000 loan
Full calculator →At a glance
Key facts and listing details
TypeCondominium
Year Built1978
HeatingFireplace, Baseboard, Electric, Natural Gas
CoolingNone
ParkingCarport
HOA$400 monthly
Days on Zillow0
Price/sqft$294
Property
Home typeCondo
Sub-typeCondominium
StyleTownhouse
Year built1978
Systems
HeatingFireplace, Baseboard, Electric, Natural Gas
CoolingNone
RoofComposition
ConstructionMetal/Vinyl
Water / SewerCompany: Lakehaven / Company: Lakehaven
Parking & Outdoor
ParkingCarport
Fireplaces1
Location & Tax
NeighborhoodMirror Lake
Annual tax$3,245
Parcel8682400050
Bathrooms & Fees
Full baths1
HOA$400/mo
Features & details
9 categories of property features
Interior Features
Appliances
Dishwasher
Disposal
Dryer
Refrigerator
Stove(s)/Range(s)
Washer
Dishwasher(s)
Dryer(s)
Garbage Disposal
Refrigerator(s)
Washer(s)
Flooring
Ceramic Tile
Vinyl Plank
Carpet
Heating
Fireplace
Baseboard
Electric
Natural Gas
Cooling
None
Fireplace
Gas
See Remarks
Main Level: 1
Fireplace
Exterior Features
Parking
Carport
Construction
Metal/Vinyl
Patio & Porch
Fireplace
Utilities
Comcast
Xfinity
Room details
9 rooms detailed
Master Bedroom
SecondBedroom
SecondBathroom Full
MainOther
MainEntry Hall
MainKitchen With Eating Space
MainListing insights
Market data and value estimates
StatusFor Sale
Est. value$318,600
Est. rent$1,928/mo
Tax rate0.82%
Price/sqft$294
On marketApr 5, 2026
PostedApr 6, 2026
Last sold$250,000
MLS statusActive
MLS updatedApr 6, 2026
Tour days9
Views133
Favorites9
How are the schools in Federal Way?
3 schools rated nearby
Location
Federal Way, WA, 98003
Price history
14 events
DateEventPrice$/sqftSource
Apr 6, 2026Listed For Sale$320,000$294NWMLS as distributed by MLS GRID
Jun 29, 2021Sold$250,000$230NWMLS as distributed by MLS GRID
May 25, 2021Pending Sale$225,000$207NWMLS as distributed by MLS GRID
May 19, 2021Listed For Sale$225,000$207NWMLS as distributed by MLS GRID
Jul 14, 2011Sold$80,000$74Public Record
Jun 18, 2011Pending Sale$86,000$79Coldwell Banker Bain Associates
May 22, 2011Price Change$86,000$79Coldwell Banker Bain Associates
May 5, 2011Listed For Sale$102,995$95Coldwell Banker Bain Associates
Mar 24, 2011Listing Removed$110,000$101Keller Williams - Federal Way
Sep 8, 2010Listed For Sale$110,000$101Keller Williams Realty
Mar 18, 2010Listing Removed$149,950$138Prudential Northwest Realty
Feb 26, 2010Listed For Sale$149,950$138Prudential Northwest Realty
Dec 5, 2009Listing Removed$149,950$138Federal Way Office
Sep 19, 2009Listed For Sale$149,950$138Federal Way Office
Listed For Sale$320,000
Apr 6, 2026•$294/sqft•NWMLS as distributed by MLS GRID
Sold$250,000
Jun 29, 2021•$230/sqft•NWMLS as distributed by MLS GRID
Pending Sale$225,000
May 25, 2021•$207/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$225,000
May 19, 2021•$207/sqft•NWMLS as distributed by MLS GRID
Sold$80,000
Jul 14, 2011•$74/sqft•Public Record
Pending Sale$86,000
Jun 18, 2011•$79/sqft•Coldwell Banker Bain Associates
Price Change$86,000
May 22, 2011•$79/sqft•Coldwell Banker Bain Associates
Listed For Sale$102,995
May 5, 2011•$95/sqft•Coldwell Banker Bain Associates
Listing Removed$110,000
Mar 24, 2011•$101/sqft•Keller Williams - Federal Way
Listed For Sale$110,000
Sep 8, 2010•$101/sqft•Keller Williams Realty
Listing Removed$149,950
Mar 18, 2010•$138/sqft•Prudential Northwest Realty
Listed For Sale$149,950
Feb 26, 2010•$138/sqft•Prudential Northwest Realty
Listing Removed$149,950
Dec 5, 2009•$138/sqft•Federal Way Office
Listed For Sale$149,950
Sep 19, 2009•$138/sqft•Federal Way Office
Tax history
21 years of records
YearTax paidAssessed value
Apr 7, 2024$3,245$280,000
Apr 7, 2023$3,031$278,000
Apr 7, 2022$2,441$248,000
Apr 7, 2021$2,368$209,000
Apr 7, 2020$2,175$180,000
Apr 7, 2019$1,927$161,000
Apr 7, 2018$1,701$147,000
Apr 7, 2017$1,704$119,000
Apr 7, 2016$1,334$121,000
Apr 7, 2015$1,334$103,000
Apr 7, 2014$1,334$91,000
Apr 7, 2013$1,334$66,000
Apr 7, 2012—$65,000
Apr 7, 2011—$104,000
Apr 7, 2010—$133,000
Apr 7, 2009—$133,000
Apr 7, 2007—$134,000
Apr 7, 2006—$114,000
Apr 7, 2005—$109,000
Apr 7, 2001$973$72,200
Apr 7, 2000$887$63,100
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 01:39:20 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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