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Listed by Terena Belitz • Berkshire Hathaway HS NW.
FOR SALE

$199,900

Est. $1,107/mo

Price reduced $29,100 from the original $229,000 asking price

2 bd•1 ba•785 sq ft

4601 SW 320th St #E4, Federal Way, WA 98023

• Listed Aug 6, 2026•73 days active · 73 cumulative

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★★★★★5.0·1,242 Google reviews

Listing Broker: Berkshire Hathaway HS NW; Terena Belitz; 425-453-9100; tbelitz@bhhsnw.com

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Listing Broker: Berkshire Hathaway HS NW; Terena Belitz; 425-453-9100; tbelitz@bhhsnw.com

About this home

Enjoy the benefits of a desirable first floor corner unit, ideally positioned just steps from the community laundry room. Inside, you'll find thoughtful updates throughout, including fresh paint, new flooring, brand new kitchen appliances, new baseboard heater and thermostat (2026), a newer water heater (2023), an upgraded electrical panel (2022), and energy efficient insulated windows - creating a move in ready home that's as comfortable as it is functional. The corner location fills the living space with natural light, while the spacious primary bedroom features a walk-in closet. Maplewood Condominiums offers beautifully maintained grounds and community amenities, including a seasonal outdoor swimming pool, athletic court, and abundant open parking. HOA dues include water, sewer, garbage, common area and road maintenance, making homeownership simple and low maintenance. Conveniently located near Dash Point State Park, Twin Lakes Golf & Country Club, shopping, dining, and major commuter routes including I-5 and Highway 18, this home offers easy access to everything Federal Way has to offer. Whether you're purchasing your first home, downsizing, or considering a long-term investment, this well-maintained and updated condo is ready to welcome you home. VA approved.

Property type
Condo
Year built
1977
Interior
785 sq ft
Lot size
0.018 acres
Parking
Uncovered
Price / sq ft
$255
HeatingBaseboard
CoolingNone
Property taxes$2,654.08/yr (est.)
HOA dues$530/mo
School districtFederal Way

Listed by Terena Belitz • Berkshire Hathaway HS NW

Listing updated: October 7, 2026 at 03:42pm

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2560594

Around this home

RexMont OfferEdge™

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4601 SW 320th St #E4, Federal Way, WA 98023

List price
$199,900
Down payment
$39,980

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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
  • End Unit
  • Ground Floor

Kitchen

  • Dishwasher
  • Microwave
  • Refrigerator

Bedrooms

  • 2 bedrooms total
  • 2 on the main level

Bathrooms

  • 1 full bathroom
  • 1 on the main level

Layout

  • Condo (2 Levels)
  • Remodeled / updated: true

Flooring

  • Ceramic Tile
  • Engineered Hardwood

Heating & cooling

  • Baseboard heating
  • None cooling

Schools

Ratings via SchoolDigger

Federal Way School District

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.

Condominium facts

As entered by the listing broker on Northwest MLS

Building & HOA

Building
Maplewood Condominium
Floor of unit
1
Units in building
8
Stories in building
2
Co-op
No
Common interest community
No
HOA dues
$530
Dues frequency
Monthly
Dues include
Common Area Maintenance, Lawn Service, Road Maintenance, Security, Sewer, Snow Removal, Trash, Water
Other dues or fees
No
Association contact
Jack Neu
First right of refusal
Yes

Rules

Rental cap
No Rental Cap
Short-term rentals allowed
No
Pets
Cats OK, Dogs OK, Subject to Restrictions
55+ community
No

Unit

Unit features
Balcony/Deck/Patio,End Unit,Ground Floor
Common property features
Athletic Court,Clubhouse,Laundry Room,Pool-Outdoor
Entry location
Main
Access stairs
1

Systems

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

Rooms & extras

Bathtubs
1
Showers
1

New construction

Construction methods
Standard Frame
Square footage source
Public
Lot size source
Public
Effective year built source
Public 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.

Members

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Sales & Tax Records for 4601 SW 320th St #E4

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 7, 2026
    Price reduced
    NWMLS via MLS Grid · #2560594
    $199,900
    $255/sq ft
  2. Aug 6, 2026
    Listed
    NWMLS via MLS Grid · #2560594
    $229,000
    $292/sq ft
  3. May 20, 2016
    Sold
    NWMLS via MLS Grid · #931116
    $86,800
    $111/sq ft
  4. May 12, 2016
    Pending
    NWMLS via MLS Grid · #931116
    $75,000
    $96/sq ft
  5. Apr 25, 2016
    Listed
    NWMLS via MLS Grid · #931116
    $75,000
    $96/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

$1,908 per month

Great rate
Principal and interest
Property taxes
HOA dues
Home insurance

Takes about 5 minutes & won't affect your credit

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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: Berkshire Hathaway HS NW; Terena Belitz; 425-453-9100; tbelitz@bhhsnw.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 61 days.

Recent sales nearby

Within 1 mile · last 6 months
  • $112,000 Sold

    1 week ago

    2 bd•1 ba•Condo

    4601 SW 320th Street #Q5, Federal Way, WA 98023

    10%

    Under list

    15

    Days on market

    0.1 mi

    Distance

  • $225,000 Sold

    7 weeks ago

    2 bd•2 ba•Condo

    31500 33rd Place SW #N102, Federal Way, WA 98023

    1%

    Over list

    566

    Days on market

    0.9 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 18, 2026 at 2:16 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.

Some IDX listings have been excluded from this website.

© 2026 Northwest Multiple Listing Service. All rights reserved.

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