Welcome to this charming 2 bedroom, 1¾ bathroom one-story home! Situated on a large, flat corner lot with excellent parking & yard access. Enjoy spacious living & dining areas, an updated open kitchen w/quartz counters, breakfast bar, bright, new cabinetry, updated electrical, generator hook-up & dedicated laundry room. Lateral backyard access offers room for RV, boat or parking multiple vehicles! Versatile utility room can serve as the perfect home office, den, pantry or potential third bedroom! The spacious yard is fully-fenced and includes 2 large storage sheds, a treehouse & plenty of space to entertain. The oversized driveway can easily fit 6 cars! Ideal location near schools, parks, shops, restaurants, freeway access & Redondo Beach.
Active
Listed by:
David P. Huynh,
KW Lake Washington So
$549,950
505 SW 305th Place, Federal Way, WA 98023
2beds
1,100sqft
Est.:
Single Family Residence
Built in 1960
8,498.56 Square Feet Lot
$-- Zestimate®
$500/sqft
$-- HOA
What's special
Lateral backyard accessLarge flat corner lotBreakfast barBright new cabinetryGenerator hook-upDedicated laundry room
- 3 days |
- 334 |
- 22 |
Zillow last checked: 8 hours ago
Listing updated: December 09, 2025 at 01:47pm
Listed by:
David P. Huynh,
KW Lake Washington So
Source: NWMLS,MLS#: 2459200
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 2
Primary bedroom
- Level: Main
Bedroom
- Level: Main
Bathroom full
- Level: Main
Bathroom three quarter
- Level: Main
Dining room
- Level: Main
Entry hall
- Level: Main
Kitchen with eating space
- Level: Main
Living room
- Level: Main
Utility room
- Level: Main
Heating
- Forced Air, Electric, Natural Gas
Cooling
- None
Appliances
- Included: Dishwasher(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Water Heater: Gas, Water Heater Location: Closet
Features
- Bath Off Primary, Dining Room, High Tech Cabling
- Flooring: Laminate, Vinyl
- Windows: Double Pane/Storm Window
- Basement: None
- Has fireplace: No
Interior area
- Total structure area: 1,100
- Total interior livable area: 1,100 sqft
Property
Parking
- Parking features: Driveway, Off Street, RV Parking
Features
- Levels: One
- Stories: 1
- Entry location: Main
- Patio & porch: Bath Off Primary, Double Pane/Storm Window, Dining Room, High Tech Cabling, Security System, Walk-In Closet(s), Water Heater, Wired for Generator
- Has view: Yes
- View description: Territorial
Lot
- Size: 8,498.56 Square Feet
- Features: Corner Lot, Paved, Cable TV, Fenced-Fully, High Speed Internet, Outbuildings, Patio, RV Parking
- Topography: Level
- Residential vegetation: Garden Space
Details
- Parcel number: 1788900180
- Zoning: City
- Special conditions: Standard
- Other equipment: Wired for Generator
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Year built: 1960
- Major remodel year: 1960
Utilities & green energy
- Electric: Company: PSE
- Sewer: Septic Tank, Company: Septic
- Water: Public, Company: Lake Haven
Community & HOA
Community
- Security: Security System
- Subdivision: Federal Way
Location
- Region: Federal Way
Financial & listing details
- Price per square foot: $500/sqft
- Tax assessed value: $428,000
- Annual tax amount: $4,317
- Date on market: 12/5/2025
- Cumulative days on market: 5 days
- Listing terms: Cash Out,Conventional,FHA,VA Loan
- Inclusions: Dishwasher(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s)
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/6/2025 | Listed for sale | $549,950+50.4%$500/sqft |
Source:  NWMLS #2459200 Report a problem | ||
| 9/23/2025 | Sold | $365,620+6%$332/sqft |
Source: Public Record Report a problem | ||
| 6/24/2020 | Sold | $345,000+9.5%$314/sqft |
Source: NWMLS #1581206 Report a problem | ||
| 5/21/2020 | Pending sale | $315,000$286/sqft |
Source: Keller Williams Realty PS #1581206 Report a problem | ||
| 5/18/2020 | Price change | $315,000+1.6%$286/sqft |
Source: Keller Williams Realty PS #1581206 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,317 +0.2% | $428,000 +10.3% |
| 2023 | $4,309 +2.8% | $388,000 -7.8% |
| 2022 | $4,192 +9.3% | $421,000 +26% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$3,222/mo
Principal & interest
$2654
Property taxes
$376
Home insurance
$192
Climate risks
Neighborhood: Mirror Lake
Nearby schools
GreatSchools rating
- 3/10Lake Grove Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 4/10Lakota Middle SchoolGrades: 6-8Distance: 0.8 mi
- 3/10Federal Way Senior High SchoolGrades: 9-12Distance: 1.3 mi
Schools provided by the listing agent
- Elementary: Lake Grove Elem
- Middle: Sacajawea Jnr High
- High: Federal Way Snr High
Source: NWMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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