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← Back to search results/Federal Way, WA/408 S 323rd Street #L5
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Listed by Stephanie R. Herrmann • Better Properties Soundview.Some photos are virtually staged
FOR SALE

$235,000

Est. $1,302/mo

2 bd•1 ba•773 sq ft

408 S 323rd Street #L5, Federal Way, WA 98003

• Listed Sep 4, 2026•28 days active · 28 cumulative

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★★★★★5.0·1,242 Google reviews

Listing Broker: Better Properties Soundview; Stephanie R. Herrmann; 253-332-2101; Stephanie@StephanieHSellsHomes.com

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Listing Broker: Better Properties Soundview; Stephanie R. Herrmann; 253-332-2101; Stephanie@StephanieHSellsHomes.com

About this home

Welcome to unit L5 at Campus Glen! This charming, updated 2-bedroom condo is truly turn-key and ready to enjoy! Thoughtfully remodeled with modern upgrades, this home features newer appliances, rich wood butcher block countertops, updated fixtures, convenient built-in shelving, and pantry space. The kitchen offers a convenient eating counter and a peek-through opening to the living area, creating an open, connected feel. Enjoy the spacious designated dining area as well. The large primary bedroom features a walk-in closet with built-in shelving and charming board-and-batten wainscoting. The second full bedroom offers great flexibility for additional living space, guests, or a home office with a window. Enjoy the convenience of an in-unit stacked washer and dryer and a refreshed full bathroom. Step outside to your private patio, opening to a paved area, lawn, and beautiful community green space—like having a park right in your backyard! Campus Glen amenities include a clubhouse, outdoor pool, and walking trails. Recent improvements include fresh exterior paint and new insulation completed last year. Centrally located near freeway access, light rail, shopping, dining, restaurants, and everyday amenities. This unit has it all! A wonderful opportunity to own a remodeled condo with green space, clubhouse amenities, and a convenient location!

Property type
Condo
Year built
1979
Interior
773 sq ft
Lot size
Not listed
Parking
Uncovered
Price / sq ft
$304
HeatingWall Furnace
CoolingNone
Property taxes$2,859/yr (est.)
HOA dues$413/mo
School districtFederal Way

Listed by Stephanie R. Herrmann • Better Properties Soundview

Listing updated: September 24, 2026 at 06:12pm

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2577921

Around this home

RexMont OfferEdge™

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408 S 323rd Street #L5, Federal Way, WA 98003

List price
$235,000
Down payment
$47,000

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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
  • Ground Floor
  • Insulated Windows
  • Walk-In Closet(s)
  • Washer
  • Water Heater
  • Fireplace (wood burning)

Kitchen

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

Bedrooms

  • 2 bedrooms total
  • 2 on the main level

Bathrooms

  • 1 full bathroom
  • 1 on the main level

Layout

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

Laundry

  • Electric Dryer Hookup laundry
  • Washer Hookup laundry

Flooring

  • Laminate

Heating & cooling

  • Wall Furnace 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
Campus Glen
Floor of unit
1
Units in building
4
Stories in building
2
FHA-approved project
No
Co-op
No
Common interest community
Yes
HOA dues
$413
Dues frequency
Monthly
Dues include
Common Area Maintenance, Lawn Service, Road Maintenance, Sewer, Snow Removal, Trash, Water
Special assessment
false
Other dues or fees
No
Association contact
Jared Satrom
First right of refusal
No

Rules

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

Unit

Assigned parking
1
Parking space numbers
97
Storage location
Outisde Patio
Storage number
Attached to Unit
Unit features
Balcony/Deck/Patio,Ground Floor,Insulated Windows,Walk-in Closet
Common property features
Athletic Court,Clubhouse,Outside Entry,Pool-Outdoor,Trails
Entry location
Main
Access stairs
6
Laundry
Electric Dryer Hookup, Washer Hookup

Systems

Energy source
Electric,Wood
Power production
Electric, Wood
Water heater
Electric
Water heater location
Outside Storage. Unit
Power company
Puget Sound energy
Water company
Lake Haven
Sewer company
Lake Haven
Gas company
NA
Garbage service
HOA Dues Cover
Irrigation water rights
No
Internet connected
XFinity

Green & certifications

Energy-efficient features
Insulated Windows

Rooms & extras

Window coverings
Blinds, Curtains
Bathtubs
1
Showers
1
Fireplaces on main
1
Excluded items
No

New construction

Square footage source
Tax Records
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 408 S 323rd Street #L5

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. Sep 4, 2026
    Listed
    NWMLS via MLS Grid · #2577921
    $235,000
    $304/sq ft
  2. Jun 9, 2020
    Sold
    NWMLS via MLS Grid · #1572904
    $188,000
    $243/sq ft
  3. May 14, 2020
    Pending
    NWMLS via MLS Grid · #1572904
    $199,800
    $258/sq ft
  4. May 14, 2020
    Price reduced
    NWMLS via MLS Grid · #1572904
    $199,800
    $258/sq ft
  5. Mar 6, 2020
    Listed
    NWMLS via MLS Grid · #1572904
    $210,000
    $272/sq ft
  6. Oct 25, 2019
    Recorded sale
    King County recorder · Statutory warranty deed
    $137,777
    $178/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

$2,012 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 Soundview; Stephanie R. Herrmann; 253-332-2101; Stephanie@StephanieHSellsHomes.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 69 days.

Recent sales nearby

Within 1 mile · last 6 months
  • $330,000 Sold

    1 week ago

    3 bd•1.5 ba•Condo

    332 S 327th Lane, Federal Way, WA 98003

    1%

    Under list

    34

    Days on market

    0.2 mi

    Distance

  • $398,000 Sold

    2 weeks ago

    3 bd•2.5 ba•Condo

    32716 3rd Place S #20A, Federal Way, WA 98003

    0%

    Over list

    22

    Days on market

    0.2 mi

    Distance

  • $335,000 Sold

    2 weeks ago

    2 bd•1.5 ba•Condo

    307 S 325th Lane #22B, Federal Way, WA 98003

    0%

    Over list

    53

    Days on market

    0.1 mi

    Distance

  • $307,000 Sold

    7 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

    0.1 mi

    Distance

  • $158,000 Sold

    7 weeks ago

    1 bd•1 ba•Condo

    511 S 325th Street #23B, Federal Way, WA 98003

    7%

    Under list

    39

    Days on market

    0.1 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 agent

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.

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© 2026 Northwest Multiple Listing Service. All rights reserved.

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