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← Back to search results/Federal Way, WA/1018 S 312th Street #531
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Listed by Robin D Nichols • COMPASS.
FOR SALE

$398,800

Est. $2,209/mo

3 bd•2 ba•1,219 sq ft

1018 S 312th Street #531, Federal Way, WA 98003

• Listed Aug 28, 2026•17 days active · 17 cumulative

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★★★★★5.0·1,242 Google reviews

Listing Broker: COMPASS; Robin D Nichols; 253-632-5904; robin.nichols@compass.com

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Listing Broker: COMPASS; Robin D Nichols; 253-632-5904; robin.nichols@compass.com

About this home

Welcome to this spacious and well laid out 3 bedroom, 2 bathroom home offering comfort, convenience, and a truly serene view.Love to cook? This kitchen is a dream, featuring unmatched custom pullout cabinets that maximize storage, organization, and functionality. You’ll love the central island that opens into the living room with it's vaulted ceilings and massive windows. The spacious primary bedroom includes a custom IKEA closet system, offering exceptional storage in addition to the built in closets in the en suite bathoom. One of the extra bedrooms features a convenient Murphy bed, providing the flexibility to use the room as a comfortable guest space, home office, or multipurpose room. The cherry on top is stepping outside onto your deck to enjoy your personal lake view. This makes an ideal backdrop for relaxing, entertaining, or simply enjoying your morning coffee. Parking is never a concern with TONS of guest spots available, making it easy to host friends. The location is hard to beat, with easy access to freeways, shopping, parks, and the airport.

Property type
Condo
Year built
1980
Interior
1,219 sq ft
Lot size
Not listed
Parking
Carport
Price / sq ft
$327
HeatingBaseboard
CoolingNone
Property taxes$3,882.3/yr (est.)
HOA dues$653/mo
School districtFederal Way

Listed by Robin D Nichols • COMPASS

Listing updated: September 24, 2026 at 06:11pm

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2575690

Around this home

RexMont OfferEdge™

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1018 S 312th Street #531, Federal Way, WA 98003

List price
$398,800
Down payment
$79,760

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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
  • Primary Bathroom
  • Sprinkler System
  • Top Floor
  • Vaulted Ceiling(s)
  • Walk-In Closet(s)
  • Washer

Kitchen

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

Bedrooms

  • 3 bedrooms total
  • 3 on the main level

Bathrooms

  • 2 full bathrooms
  • 2 on the main level

Layout

  • Condo (1 Level)

Laundry

  • Electric Dryer Hookup laundry
  • Washer Hookup laundry

Flooring

  • Laminate
  • Vinyl
  • Carpet

Heating & cooling

  • Baseboard heating
  • None cooling

Condominium facts

As entered by the listing broker on Northwest MLS

Building & HOA

Building
Lakeside Village
Floor of unit
3
Units in building
18
Stories in building
3
FHA-approved project
Yes
Common interest community
Yes
HOA dues
$653
Dues frequency
Monthly
Dues include
Common Area Maintenance, Earthquake Insurance, Lawn Service, Road Maintenance, Sewer, Trash, Water
Association contact
Linsey Anglemyer
First right of refusal
No

Rules

Pets
Cats OK, Dogs OK, Subject to Restrictions
55+ community
No

Unit

Assigned parking
1
Storage location
Balcony
Unit features
Balcony/Deck/Patio,Primary Bath,Sprinkler System,Top Floor,Vaulted Ceilings,Walk-in Closet
Common property features
Athletic Court,Clubhouse,Outside Entry,Pool-Outdoor
Entry location
Main
Access stairs
6
Laundry
Electric Dryer Hookup, Washer Hookup

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
2
Showers
2

New construction

Square footage source
Realist

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

Federal Way School District

  • Buyer To Verify
    Public · Grades Elementary
    —
  • Buyer To Verify
    Public · Grades Middle
    —
  • Buyer To Verify
    Public · 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 1018 S 312th Street #531

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. Aug 28, 2026
    Listed
    NWMLS via MLS Grid · #2575690
    $398,800
    $327/sq ft
  2. Dec 9, 1996
    Recorded sale
    King County recorder · Statutory warranty deed
    $99,000
    $81/sq ft
  3. Jun 18, 1993
    Recorded sale
    King County recorder · Warranty deed
    $89,950
    $74/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

Check eligibility

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

$3,286 per month

Great rate
Principal and interest
Property taxes
HOA dues
Home insurance

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Plan your offer with a RexMont buyer specialistWalk through escalation strategy, contingencies, and competing-offer risk in this neighborhoodCompare loan options30-yr fixed, 15-yr, FHA, VA, jumbo

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: COMPASS; Robin D Nichols; 253-632-5904; robin.nichols@compass.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: 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

    0.7 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.

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Market data from MLS GRID / NWMLS · Updated Oct 2026

MLS GRID Disclaimer

Based on information submitted to the MLS GRID as of September 24, 2026 at 06:11pm (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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