Unlock the potential in this solid 3-bedroom, 1.5-bath home. A true time capsule situated in a highly desirable, convenient neighborhood with easy access to highways, shopping, and nearby parks. This property offers a rare chance to bring new life to a home with great bones and endless possibilities. Featuring a cozy wood stove insert, newer water heater, attached 2-car garage, and a large built-on shop/storage area, there’s no shortage of space for tools, hobbies, or future expansion. Inside, you’ll find mostly original finishes providing the perfect blank canvas for investors, renovators, and visionaries ready to design something truly special. A bonus area (not included in square footage) adds extra flexibility for creative use. Whether you’re looking to renovate, reimagine, or rebuild, this property presents outstanding upside in a location that continues to attract strong buyer demand. Bring your vision and make this one shine!
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Listed by:
Jenifer L. Murrweiss,
RE/MAX Elite
Bought with: Pellego, Inc.
$410,000
853 S 306th Street, Federal Way, WA 98003
3beds
1,210sqft
Single Family Residence
Built in 1967
8,163.14 Square Feet Lot
$410,400 Zestimate®
$339/sqft
$2,759 Estimated rent
Home value
$410,400
$382,000 - $443,000
$2,759/mo
Zestimate® history
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$2,480/mo
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Zillow last checked: 7 hours ago
Listing updated: March 30, 2026 at 04:03am
Offers reviewed: Feb 17
Listed by:
Jenifer L. Murrweiss,
RE/MAX Elite
Bought with:
Vadym Kriuchek, 140992
Pellego, Inc.
Source: NWMLS as distributed by MLS GRID,MLS#: 2477807
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 3
Primary bedroom
- Level: Main
Bedroom
- Level: Main
Bedroom
- Level: Main
Bathroom full
- Level: Main
Other
- Level: Main
Bonus room
- Level: Main
Dining room
- Level: Main
Entry hall
- Level: Main
Kitchen with eating space
- Level: Main
Living room
- Level: Main
Heating
- Fireplace, Forced Air, Electric, Natural Gas
Cooling
- None
Appliances
- Included: Dryer, Refrigerator, Trash Compactor, Washer, Dryer(s), Refrigerator(s), Washer(s), Water Heater: Gas, Water Heater Location: Closet
Features
- Dining Room
- Flooring: Hardwood, Vinyl, Carpet
- Basement: None
- Number of fireplaces: 1
- Fireplace features: Wood Burning, Main Level: 1, Fireplace
Interior area
- Total structure area: 1,210
- Total interior livable area: 1,210 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached Garage
- Has attached garage: Yes
- Covered spaces: 2
Features
- Levels: One
- Stories: 1
- Entry location: Main
- Patio & porch: Dining Room, Fireplace, Water Heater
- Has view: Yes
- View description: Territorial
Lot
- Size: 8,163 sqft
- Features: Corner Lot, Fenced-Partially
- Topography: Partial Slope
- Residential vegetation: Garden Space
Details
- Parcel number: 1745100180
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Wood Siding, Wood Products
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Fixer
- Year built: 1967
- Major remodel year: 1967
Utilities & green energy
- Electric: Company: PSE
- Sewer: Sewer Connected, Company: Lakehaven
- Water: Public, Company: Lakehaven
Community & neighborhood
Location
- Region: Federal Way
- Subdivision: Federal Way
Other
Other facts
- Cumulative days on market: 7 days
Price history
| Date | Event | Price |
|---|---|---|
| 2/27/2026 | Sold | $410,000+2.5%$339/sqft |
Source:  NWMLS as distributed by MLS GRID #2477807 Report a problem | ||
| 2/18/2026 | Pending sale | $399,950$331/sqft |
Source: NWMLS as distributed by MLS GRID #2477807 Report a problem | ||
| 2/13/2026 | Listed for sale | $399,950$331/sqft |
Source: NWMLS as distributed by MLS GRID #2477807 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,512 +1% | $445,000 +10.4% |
| 2023 | $4,468 +2.6% | $403,000 -8% |
| 2022 | $4,353 +9.4% | $438,000 +26.2% |
Find assessor info on the county website
Neighborhood: Mirror Lake
Nearby schools
GreatSchools rating
- 6/10Nautilus Elementary SchoolGrades: K-8Distance: 1.1 mi
- 3/10Federal Way Senior High SchoolGrades: 9-12Distance: 0.4 mi
- 5/10Sacajawea Middle SchoolGrades: 6-8Distance: 0.5 mi
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Estimated market value
$410,400
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$410,400
- Washington
- King County
- Federal Way
- 98003
- Mirror Lake
- 853 S 306th Street