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← Back to search results/Federal Way, WA/1002 S 312th Street #114
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Listed by Rebecca Del Pozo • Keller Williams Realty.
FOR SALE

$346,950

Est. $1,922/mo

Price reduced $32,000 from the original $378,950 asking price

2 bd•1.75 ba•1,007 sq ft

1002 S 312th Street #114, Federal Way, WA 98003

• Listed Apr 8, 2026•195 days active · 195 cumulative

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★★★★★5.0·1,244 Google reviews

Listing Broker: Keller Williams Realty; Rebecca Del Pozo; 253-576-7707; rebeccad@kw.com

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Listing Broker: Keller Williams Realty; Rebecca Del Pozo; 253-576-7707; rebeccad@kw.com

About this home

Lakeside Village retreat in the heart of the Federal Way this beautifully upgraded 2-bedroom, 1 3/4-bath condo offers sweeping views of the picturesque lake from your patio, dining room & living room. Living room features wood burning fireplace. Featuring an updated kitchen with quartz counters, newer appliances, newer flooring, newer cabinets, updated bathrooms with tile finishes. Close to new light rail station, schools, restaurants, all conveniences, public transportation & freeways for an easy commute in any direction. Community features outdoor community pool, an athletic court, lots of parking options including a covered carport. FHA & VA Approved Condo!

Property type
Condo
Year built
1980
Interior
1,007 sq ft
Lot size
Not listed
Parking
Carport
Price / sq ft
$345
HeatingBaseboard
CoolingNone
Property taxes$3,491/yr (est.)
HOA dues$547/mo
School districtFederal Way

Listed by Rebecca Del Pozo • Keller Williams Realty

Listing updated: October 12, 2026 at 02:42pm

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2504108

Around this home

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1002 S 312th Street #114, Federal Way, WA 98003

List price
$346,950
Down payment
$69,390

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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

  • Fireplace
  • Ground Floor
  • Primary Bathroom
  • Fireplace

Kitchen

  • Dishwasher
  • Disposal
  • Microwave
  • Refrigerator
  • Stove(s)/Range(s)

Bedrooms

  • 2 bedrooms total
  • 2 on the main level

Bathrooms

  • 1 full bathroom
  • 1 three-quarter bathroom (shower, no tub)
  • 1.75 bathrooms total (NWMLS count)
  • 2 on the main level

Layout

  • Condo (1 Level)
  • Remodeled / updated: true

Flooring

  • Laminate
  • Carpet

Heating & cooling

  • Baseboard heating
  • None cooling

Schools

Ratings via SchoolDigger

School information is unavailable for this listing. School boundaries can change, so verify the assigned schools with the district before purchasing.

Condominium facts

As entered by the listing broker on Northwest MLS

Building & HOA

Building
Lakeside Village
Floor of unit
1
Units in building
12
Stories in building
3
FHA-approved project
Yes
Common interest community
Yes
HOA dues
$547
Dues frequency
Monthly
Dues include
Common Area Maintenance, Earthquake Insurance, Lawn Service, Road Maintenance, Sewer, Trash, Water
Association contact
Linsey Anglemyer

Rules

Pets
Subject to Restrictions
55+ community
No

Unit

Parking space numbers
16
Unit features
Balcony/Deck/Patio,Ground Floor,Primary Bath
Common property features
Athletic Court,Clubhouse,Outside Entry,Pool-Outdoor
Entry location
Main
Access stairs
6

Systems

Energy source
Electric
Power production
Electric
Power company
PSE
Water company
HOA
Sewer company
HOA
Garbage service
HOA
Irrigation water rights
No
Internet connected
Xfinity

Rooms & extras

Bathtubs
1
Showers
2
Fireplaces on main
1

New construction

Square footage source
County Records

Neighborhood mobility

Doorstep, Pedal & Station Scores

Three RexMont scores for this exact address: what is on foot, what is by bike, and what rides past the door.

Ground Truth™

The ground, the slope, the flood zone and the noise at this address

Read from public hazard, flood, terrain and noise maps for this exact home.

Address Insider™

The members' report

Commute, transit, zoning and ADU potential, internet providers and the lifestyle around the home: the nearest grocery, coffee, park, services and transit stop. One free registration opens every home on rexmont.com.

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Sales & Tax Records for 1002 S 312th Street #114

NWMLS via MLS Grid · King County Assessor

Every 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.

  1. Oct 12, 2026
    Price reduced
    NWMLS via MLS Grid · #2504108
    $346,950
    $345/sq ft
  2. Apr 8, 2026
    Listed
    NWMLS via MLS Grid · #2504108
    $378,950
    $376/sq ft
  3. May 10, 2024
    Sold
    NWMLS via MLS Grid · #2217646
    $365,000
    $362/sq ft
  4. Apr 8, 2024
    Pending
    NWMLS via MLS Grid · #2217646
    $365,000
    $362/sq ft
  5. Apr 1, 2024
    Listed
    NWMLS via MLS Grid · #2217646
    $365,000
    $362/sq ft
  6. May 5, 1995
    Recorded sale
    King County recorder · Warranty deed
    $70,000
    $70/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

$2,847 per month

Great rate
Principal and interest
Property taxes
HOA dues
Home insurance

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Source: 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%.

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Listing Broker: Keller Williams Realty; Rebecca Del Pozo; 253-576-7707; rebeccad@kw.com

Market pulse

Federal Way is a balanced market.

Supply and demand are roughly in balance. Neither side has a clear edge.

Buyer's marketSeller's market
  • Offer insight: Homes typically sell with one offer near asking price.

  • List to sale price: The average home sells very close to list price.

  • Time on market: The average home goes pending in around 74 days.

Recent sales nearby

Within 1 mile · last 6 months
  • $229,995 Sold

    4 days ago

    2 bd•1.5 ba•Condo

    2508 S 317th Street #208, Federal Way, WA 98003

    0%

    Over list

    68

    Days on market

    0.9 mi

    Distance

  • $307,000 Sold

    8 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

    0.7 mi

    Distance

  • $158,000 Sold

    8 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

    8 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.

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Market data from MLS GRID / NWMLS · Updated Oct 2026

Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID.

MLS GRID Disclaimer

Based on information submitted to the MLS GRID as of October 20, 2026 at 5:29 PM PT (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.

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© 2026 Northwest Multiple Listing Service. All rights reserved.

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