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Listed by James G Smith • Better Properties Gig Harbor.
FOR SALE

$320,000

Est. $1,708/mo

2 bd•1 ba•986 sq ft

2502 S 317th Street #303, Federal Way, WA 98003

• Listed May 12, 2026•141 days active · 141 cumulative

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Listing Broker: Better Properties Gig Harbor; James G Smith; 253-820-0999; jamtacoma@gmail.com

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Listing Broker: Better Properties Gig Harbor; James G Smith; 253-820-0999; jamtacoma@gmail.com

About this home

Welcome home to this recently renovated condo in Chelsea Court! This spacious two bedroom and one bathroom condo features vaulted ceilings, ample natural light, a large interior storage area, all new flooring, paint, appliances, cabinets, quartz counters, light fixtures and more! Open loft can be used as a study/office space. Enjoy the resort style amenities including a community clubhouse with a pool, hot tub, and sauna. Ideal for relaxation or entertaining. Commuters will appreciate the great location that offers easy access to I-5, the Sounder light rail, and bus transit terminal. The vibrant neighborhood includes Steel Lake, shopping like Trader Joe's, and many restaurant options.

Property type
Condo
Year built
1980
Interior
986 sq ft
Lot size
0.023 acres
Parking
Carport
Price / sq ft
$325
HeatingWall Furnace
CoolingNone
Property taxes$3,100/yr (est.)
HOA dues$470/mo
School districtFederal Way

Listed by James G Smith • Better Properties Gig Harbor

Listing updated: September 21, 2026 at 09:28am

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2520081

Open houses

No upcoming open houses scheduled for this property.

Around this home

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2502 S 317th Street #303, Federal Way, WA 98003

List price
$320,000
Down payment
$64,000

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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

  • Cooking-Electric
  • Dryer-Electric
  • Fireplace
  • Top Floor
  • Walk-In Closet(s)
  • Washer
  • Water Heater
  • Fireplace (wood burning)

Kitchen

  • Dishwasher
  • Dryer
  • Microwave
  • Refrigerator
  • Stove(s)/Range(s)
  • Washer

Bedrooms

  • 2 bedrooms total

Bathrooms

  • 1 full bathroom

Flooring

  • Vinyl Plank
  • Carpet

Heating & cooling

  • Wall Furnace heating
  • None cooling

Neighborhood mobility

Walk, bike & transit scores

Source: Walk Score®, Bike Score® and Transit Score® are provided by Walk Score (walkscore.com), a third-party service. This is not Northwest MLS listing data.

Schools

Ratings via SchoolDigger

Schools shown are the nearest public Elementary, Middle, and High school for this property and may not be the assigned schools. Verify attendance boundaries with the district before purchasing.

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.

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

$2,516 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: Better Properties Gig Harbor; James G Smith; 253-820-0999; jamtacoma@gmail.com

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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: 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 60 days.

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Market data from MLS GRID / NWMLS · Updated Sep 2026

MLS GRID Disclaimer

Based on information submitted to the MLS GRID as of September 21, 2026 at 09:28am (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.

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