Investor ALERT in this fantastic Federal Way location! Close to everything. This 2-bedroom, 1-bath home is an investment opportunity. Make it your next rental, or fix it up and flip it. Come discover the potential this property provides. Being sold "as is” so bring your cash or rehab loan. See supplements for septic quotes. Buyer to verify future property density.
Sold
Listed by:
Darcel Fogerty,
eXp Realty,
Cindy Wedeberg,
eXp Realty
Bought with: Home Team Northwest Inc
$595,000
840 SW 306th St, Federal Way, WA 98023
2beds
1,270sqft
Single Family Residence
Built in 1959
8,424.5 Square Feet Lot
$597,800 Zestimate®
$469/sqft
$2,902 Estimated rent
Home value
$597,800
$550,000 - $646,000
$2,902/mo
Zestimate® history
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$2,902/mo
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$3,547/mo
Est. payment
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Est. payment
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Zillow last checked: 7 hours ago
Listing updated: April 10, 2025 at 04:03am
Offers reviewed: Mar 04
Listed by:
Darcel Fogerty,
eXp Realty,
Cindy Wedeberg,
eXp Realty
Bought with:
Olga V Milford, 98372
Home Team Northwest Inc
Source: NWMLS as distributed by MLS GRID,MLS#: 2315694
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Primary bedroom
- Level: Main
Bedroom
- Level: Main
Bathroom full
- Level: Main
Entry hall
- Level: Main
Family room
- Level: Main
Great room
- Level: Main
Kitchen with eating space
- Level: Main
Living room
- Level: Main
Heating
- Forced Air
Cooling
- None
Features
- Basement: None
- Has fireplace: No
Interior area
- Total structure area: 1,270
- Total interior livable area: 1,270 sqft
Property
Parking
- Total spaces: 1
- Parking features: Attached Carport
- Carport spaces: 1
Features
- Levels: One
- Stories: 1
- Entry location: Main
Lot
- Size: 8,424 sqft
- Features: Outbuildings
Details
- Parcel number: 1788700135
- Special conditions: See Remarks
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Wood Siding, Wood Products
- Roof: Composition
Condition
- Year built: 1959
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
Community & neighborhood
Location
- Region: Federal Way
- Subdivision: Dash Point
Other
Other facts
- Listing terms: Cash Out,Rehab Loan
- Cumulative days on market: 101 days
Price history
| Date | Event | Price |
|---|---|---|
| 9/26/2025 | Sold | $595,000$469/sqft |
Source: Public Record Report a problem | ||
| 8/13/2025 | Pending sale | $595,000$469/sqft |
Source:  NWMLS as distributed by MLS GRID #2396001 Report a problem | ||
| 8/1/2025 | Price change | $595,000-1.7%$469/sqft |
Source: NWMLS as distributed by MLS GRID #2396001 Report a problem | ||
| 7/26/2025 | Price change | $605,000-1.6%$476/sqft |
Source: NWMLS as distributed by MLS GRID #2396001 Report a problem | ||
| 7/1/2025 | Price change | $614,950-1.6%$484/sqft |
Source: NWMLS as distributed by MLS GRID #2396001 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,349 +0.4% | $430,000 +10.3% |
| 2023 | $4,331 +2.6% | $390,000 -8% |
| 2022 | $4,220 +9.4% | $424,000 +26.2% |
Find assessor info on the county website
Neighborhood: Mirror Lake
Nearby schools
GreatSchools rating
- 3/10Lake Grove Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 4/10Lakota Middle SchoolGrades: 6-8Distance: 0.6 mi
- 3/10Federal Way Senior High SchoolGrades: 9-12Distance: 1.6 mi
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Estimated market value
$597,800
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
$597,800
- Washington
- King County
- Federal Way
- 98023
- Mirror Lake
- 840 SW 306th St