$225,000
Est. $1,246/moPrice reduced $10,000 from the original $235,000 asking price
2 bd•1 ba•780 sq ft
31003 14th Avenue S #D 13, Federal Way, WA 98003
• Listed Mar 12, 2026•211 days active · 211 cumulative
Listing Broker: Red Rock Real Estate; Ivan Olmedo; 206-778-5705; ivanrealty@gmail.com
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Listing Broker: Red Rock Real Estate; Ivan Olmedo; 206-778-5705; ivanrealty@gmail.com
About this home
Move in ready and well-maintained ground-floor unit in the heart of Federal Way with a bright and functional layout. This 2-bedroom, 1-bathroom home offers a comfortable & functional open living space with ample natural light throughout the generous living space & lots of closet storage space. The galley kitchen is well-equipped with stainless steel appliances, granite counter-tops, a breakfast bar, & more storage. The open concept flows from the kitchen seamlessly into the dining room & living room areas; creating the ideal space for both daily living and entertaining. The back patio offers privacy with breathtaking sunsets & a direct / unobstructed view of the clear waters of serene Easter Lake, providing a peaceful, rural feel despite the benefit of being in a central location, making this home the ultimate & affordable waterfront lifestyle property. Excellent resort-style community amenities, including a clubhouse, pool, hot tub, sauna, gym, two laundry rooms and lots of secure parking spaces for you & your visitors. The unit is pet-friendly and doesn't have a rental cap, making it an excellent opportunity for both homeowners & investors. Its prime location offers quick & easy access to I-5, HW 18, shops, restaurants, parks, entertainment, bus lines, commuter routes & the light rail system. HOA dues include sewer, water, garbage & access the amenities. A great home with scenic views & comfortable, low-maintenance living. The perfect combination of convenience & value!
Listed by Ivan Olmedo • Red Rock Real Estate
Listing updated: September 29, 2026 at 09:27am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2489867
Around this home
How much should you offer?
31003 14th Avenue S #D 13, Federal Way, WA 98003
Source:RexMont analysis of Northwest MLS sales data for this ZIP code plus third-party market data (RentCast). The estimates are RexMont's, not Northwest MLS listing data.
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
Property details
Interior features
- Alarm System
- Ground Floor
- Insulated Windows
Kitchen
- Dishwasher
- Refrigerator
- Stove(s)/Range(s)
Bedrooms
- 2 bedrooms total
- 2 on the main level
Bathrooms
- 1 full bathroom
- 1 on the main level
Layout
- Condo (1 Level)
Flooring
- Ceramic Tile
- Carpet
Heating & cooling
- Wall Furnace heating
- None cooling
Condominium facts
As entered by the listing broker on Northwest MLS
Building & HOA
- Building
- Liberty Lake
- Floor of unit
- 1
- Units in building
- 6
- Stories in building
- 3
- FHA-approved project
- No
- Common interest community
- No
- HOA dues
- $615
- Dues frequency
- Monthly
- Dues include
- Common Area Maintenance, Road Maintenance, See Remarks, Sewer, Trash, Water
- Special assessment
- false
- Association contact
- Jared Satrom
- First right of refusal
- No
Rules
- Rental cap
- No Rental Cap
- Pets
- Cats OK, Dogs OK, See Remarks
- 55+ community
- No
Unit
- Unit features
- Alarm System,Balcony/Deck/Patio,Ground Floor,Insulated Windows
- Common property features
- Clubhouse,Dock,Exercise Room,Game/Rec Rm,Hot Tub,Laundry Room,Outside Entry,Pool-Outdoor,Sauna,Trails
- Access stairs
- 4
Systems
- Energy source
- Electric
- Power production
- Electric
- Power company
- Puget Sound Energy
- Water company
- Included w HOA
- Sewer company
- Included w HOA
- Garbage service
- Included w HOA
- Irrigation water rights
- No
- Internet connected
- Comcast
Green & certifications
- Energy-efficient features
- Insulated Windows
Rooms & extras
- Bathtubs
- 1
- Showers
- 1
New construction
- Square footage source
- Realist
- Effective year built source
- Public Records
RexMont Site Report
What it is like to live at this address
Walkability, ground, noise, commute, transit, zoning — from public records, read for this exact home.
Schools
Ratings via SchoolDiggerFederal Way School District
- Nautilus K-8 SchoolPublic · Grades K-8 · State rank 379 of 1,1386/10
- Sacajawea Jnr HighPublic · Grades Middle—
- Federal Way Snr HighPublic · Grades High—
Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.
Sales & Tax Records for 31003 14th Avenue S #D 13
NWMLS via MLS Grid · King County AssessorEvery listing, pending, price change and closing filed on this home with the NWMLS, the county’s recorded sales, and its assessed values by tax year.
- Sep 29, 2026Price reducedNWMLS via MLS Grid · #2489867$225,000$288/sq ft
- Mar 12, 2026ListedNWMLS via MLS Grid · #2489867$235,000$301/sq ft
- Apr 22, 2022SoldNWMLS via MLS Grid · #1896689$245,000$314/sq ft
- Mar 29, 2022PendingNWMLS via MLS Grid · #1896689$199,950$256/sq ft
- Mar 24, 2022ListedNWMLS via MLS Grid · #1896689$199,950$256/sq ft
- Aug 21, 1998Recorded saleKing County recorder · Real estate contract$47,000$60/sq ft
Down payment assistance
6 programs may be available to provide you with up to $55,000 in down payment assistance, depending on your specific information.
Northwest MLS lists this home as eligible for down payment assistance programs
Source: program list compiled by RexMont from ARCH (A Regional Coalition for Housing) member-jurisdiction information. This is not Northwest MLS listing data.
Mortgage payment forecast
$2,117 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedSource: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.
Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
Ask about this home
A licensed RexMont broker will get back to you, usually in under 5 minutes during business hours.
Listing Broker: Red Rock Real Estate; Ivan Olmedo; 206-778-5705; ivanrealty@gmail.com
Market pulse
Federal Way is a balanced market.
Supply and demand are roughly in balance. Neither side has a clear edge.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 58 days.
Recent sales nearby
Within 1 mile · last 6 months$307,000 Sold
6 weeks ago
3 bd•1 ba•Condo
507 S 321st Street Avenue S #4B, Federal Way, WA 98003
1%
Under list
114
Days on market
0.8 mi
Distance
$158,000 Sold
6 weeks ago
1 bd•1 ba•Condo
511 S 325th Street #23B, Federal Way, WA 98003
7%
Under list
39
Days on market
0.9 mi
Distance
$300,000 Sold
6 weeks ago
2 bd•1.5 ba•Condo
1404 S 308th Lane #1404, Federal Way, WA 98003
0%
Over list
87
Days on market
0.2 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Oct 2026
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of September 29, 2026 at 09:27am (date and time MLS GRID Data was obtained). 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.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
© 2026 Northwest Multiple Listing Service. All rights reserved.
HO
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