Listing provided courtesy of BHGRE - Northwest Home TeamNWMLSas Distributed by MLSGrid- MLS# NWM2491870MLS Provider

1003 S 308th #9Federal Way, WA 98003

Condo · 2 Beds · 1 Full Bath · 811 Sq. ft.
$270,000 Active

1003 S 308th #9 Overview

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Priced under appraised value, this beautifully updated single level condo is tucked into the quiet and secluded Forest Lake community. This inviting home features a bright, open layout with newer flooring, fresh paint, and an updated bathroom that add a clean, refreshed feel throughout. The living spaces flow comfortably for everyday living, and all appliances stay, making this a move in ready opportunity. Two parking passes are included, with one covered space for added convenience. Enjoy an excellent commuter location with easy access to bus stops, light rail, and SeaTac just 20 minutes away. You are also close to shopping, restaurants, parks, lakes, and nearby schools, with middle and high schools within walking distance. HOA dues cover sewer, water, and garbage. Pets are allowed, there is no rental cap, and the complex is FHA approved, making this a great option for first time buyers, downsizers, or investors looking for comfort, convenience, and long term flexibility.

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1003 S 308th #9 Facts & Features

  • Type Condo
  • Sq. ft. 811
  • Price/Sq.ft. $333

Details

General

Association/HOA

  • Association Fee: $375.00
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Common Area Maintenance, Sewer, Trash, Water

School Information

  • School District: Federal Way
  • Elementary School: Nautilus Elem
  • Middle Or Junior School: Sacajawea Jnr High
  • High School: Federal Way Snr High

Building Information

  • Building Name: Forest Lake Condominiums
  • New Construction: No
  • Year Built: 1977

Location/Region

  • Country: US
  • County Or Parish: King
  • MLS Area Major: 110 - Dash Point/Federal Way
  • Subdivision Name: Central Federal Way

Community/Development

  • Number Of Units In Community: 34

Tax Information

  • Tax Annual Amount: $2,705.96
  • Tax Year: 2025

General Information

  • Inclusions: Dishwasher(s), Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Listing Terms: Cash, Conventional, FHA, VA Loan
  • Parcel Number: 2595900090
  • Pets Allowed: Cats OK, Dogs OK, Subject to Restrictions
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Senior Community: No
  • Special Listing Conditions: None

Interior

Beds/Baths

  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms Three Quarter: 0
  • Bathrooms Total: 1
  • Bedrooms Total: 2
  • Bedrooms Lower: 0
  • Bedrooms Upper: 0

Building Interior

  • Appliances Included: Dishwasher(s), Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Building Area Total: 811
  • Building Area Units: Square Feet
  • Calculated Square Footage: 811
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0

General Information

  • Appliances: Dishwasher, Dryer, Refrigerator, Stove(s)/Range(s), Washer
  • Cooling: No
  • Entry Location: Main
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Laminate, Vinyl Plank
  • Heating: Yes
  • Interior Features: Water Heater
  • Levels: One
  • Living Area: 0
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Power Production Type: Electric
  • Stories Total: 2

Unit Information

  • Unit Number: 9

Exterior

Parking Information

  • Parking Features: Carport
  • Parking Total: 2
  • Parking Uncovered Total: 1

Lot Information

  • Irrigation Water Rights: No
  • Lot Features: Sidewalk
  • Lot Size Acres: 0
  • Lot Size Square Feet: 0
  • Lot Size Units: Square Feet
  • Elevation Units: Feet

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Roof: Composition
  • Structure Type: Condominium

General Information

  • Carport: Yes
  • Covered Spaces: 1
  • Exterior Features: Wood, Wood Products

Room Information

Room: Bathroom Full

  • Level: Main

Room: Bedroom

  • Level: Main

Room: Bedroom

  • Level: Main

Room: Dining Room

  • Level: Main

Room: Entry Hall

  • Level: Main

Room: Kitchen With Eating Space

  • Level: Main

Room: Living Room

  • Level: Main

Room: Utility Room

  • Level: Main

1003 S 308th #9 Neighborhood

Community

98003 (Federal Way) Demographics

35
Median Age
4,212
Population Density (per sq. mile)
37%
College Educated
$59,560
Estimated Median Income
8,722
Estimated Total Home Owners
9,793
Estimated Total Renters
47% / 53%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1003 S 308th #9 Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1003 S 308th #9 Market Data

Based on the last 30 days in this zip code

$506,834
Average List Price
$301
Average Price per Square Foot
35
Properties Sold
81
Average Days on Market
170
Properties for Sale
Calculations provided by Reliance Network

1003 S 308th #9 History

Date Event Value Agent
6/29/2026Source: NWMLS Price Reduction
$270,000 -1.1%
5/26/2026Source: NWMLS Price Reduction
$273,000 -0.7%
4/28/2026Source: NWMLS Price Reduction
$275,000 -0.7%
4/28/2026Source: NWMLS Status Change
Active
4/21/2026Source: NWMLS Status Change
Pending
4/9/2026Source: NWMLS Status Change
Pending Inspection
3/30/2026Source: NWMLS Price Reduction
$277,000 -2.8%
3/12/2026Source: NWMLS Added to Database
March 12, 2026