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Listed by Jim Clifford • Washington Realty Group.
FOR SALE

$320,250

Est. $1,774/mo

3 bd•1.5 ba•1,476 sq ft

32711 1st Place S #235, Federal Way, WA 98003

• Listed Sep 17, 2026•22 days active · 22 cumulative

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★★★★★5.0·1,242 Google reviews

Listing Broker: Washington Realty Group; Jim Clifford; 253-826-7500; jimclifford@wrgpra.com

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Listing Broker: Washington Realty Group; Jim Clifford; 253-826-7500; jimclifford@wrgpra.com

About this home

Space, convenience, and location come together in this 3-bedroom, 1.5-bath Federal Way condo! The functional layout offers comfortable living areas and flexible space for bedrooms, work, hobbies, or guests. Enjoy convenient access to shopping, dining, parks, schools, and major commuter routes. A great opportunity to own a well-located condo with room to make it your own. Come see it for yourself!

Property type
Condo
Year built
1978
Interior
1,476 sq ft
Lot size
Not listed
Parking
Individual Garage
Price / sq ft
$217
HeatingBaseboard
CoolingNone
Property taxes$4,712.71/yr (est.)
HOA dues$595/mo
School districtFederal Way

Listed by Jim Clifford • Washington Realty Group

Listing updated: September 24, 2026 at 08:57am

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2582418

Around this home

RexMont OfferEdge™

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32711 1st Place S #235, Federal Way, WA 98003

List price
$320,250
Down payment
$64,050

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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
  • Water Heater
  • Fireplace (wood burning)

Bedrooms

  • 3 bedrooms total
  • 3 upstairs

Bathrooms

  • 1 full bathroom
  • 1 half bathroom
  • 1.5 bathrooms total (NWMLS count)
  • 1 on the main level

Layout

  • Condo (2 Levels)

Flooring

  • Laminate
  • Vinyl
  • Carpet

Heating & cooling

  • Baseboard heating
  • None cooling

Condominium facts

As entered by the listing broker on Northwest MLS

Building & HOA

Building
Colonial Forest Condo
Units in building
6
Stories in building
2
FHA-approved project
Yes
Common interest community
Yes
HOA dues
$595
Dues frequency
Monthly
Dues include
Common Area Maintenance, Earthquake Insurance, Road Maintenance, Sewer, Water
Special assessment
false
Association contact
Mike Pierovich
First right of refusal
No

Rules

Short-term rentals allowed
No
Pets
Cats OK, Dogs OK
55+ community
No

Unit

Unit features
Balcony/Deck/Patio
Common property features
Gated Entry
Entry location
Main
Access stairs
2

Systems

Energy source
Electric,Wood
Power production
Electric, Wood
Water heater
Electric
Water heater location
Garage
Power company
PSE
Water company
Included with HOA
Sewer company
Included with HOA
Irrigation water rights
No

Rooms & extras

Fireplaces on main
1

New construction

Square footage source
Public Records

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 32711 1st Place S #235

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 17, 2026
    Listed
    NWMLS via MLS Grid · #2582418
    $320,250
    $217/sq ft
  2. Jun 2, 2026
    Recorded sale
    King County recorder · Statutory warranty deed
    $304,261
    $206/sq ft
  3. May 20, 2026
    Recorded sale
    King County recorder · Trustee's deed
    $304,261
    $206/sq ft
  4. Apr 14, 2023
    Sold
    NWMLS via MLS Grid · #2037522
    $385,000
    $261/sq ft
  5. Mar 11, 2023
    Pending
    NWMLS via MLS Grid · #2037522
    $375,000
    $254/sq ft
  6. Mar 11, 2023
    Price reduced
    NWMLS via MLS Grid · #2037522
    $375,000
    $254/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

$2,842 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: Washington Realty Group; Jim Clifford; 253-826-7500; jimclifford@wrgpra.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
  • $330,000 Sold

    1 day ago

    3 bd•1.5 ba•Condo

    332 S 327th Lane, Federal Way, WA 98003

    1%

    Under list

    34

    Days on market

    0.1 mi

    Distance

  • $398,000 Sold

    2 days 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

    4 days 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

  • $315,000 Sold

    3 weeks ago

    2 bd•1.5 ba•Condo

    303 S 325th Lane #22D, Federal Way, WA 98003

    2%

    Over list

    32

    Days on market

    0.1 mi

    Distance

  • $210,000 Sold

    3 weeks ago

    2 bd•1 ba•Condo

    149 S 329th Place #B, Federal Way, WA 98003

    2%

    Under list

    22

    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 08:57am (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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