$425,000

1426 S 308th Ln Federal Way, WA 98003

$5,047
Closing credit¹
2 beds
1 full, 1 partial
968 sqft
$439 / sqft
House

Property details

About 1426 S 308th Ln

Enjoy peace and quiet in this beautiful corner-lot townhome, located in the heart of Federal Way. This cozy 2-bedroom, 1.5-bath townhouse offers 968 sqft of living space and a lovely backyard, perfect for relaxing or entertaining. As an end unit, it features a fully fenced front yard, ideal for gardening. The home also comes with an attached garage and two off-street parking spots right in front, plus plenty of visitor and additional street parking for guests. Conveniently located just minutes from restaurants, shopping, schools, and with easy access to I-5, Park & Ride, and the Light Rail. This well-maintained home is ready for its new owners!

Highlights

HeatingBaseboard
StatusActive
Size968 sqft
Year built1990
ParkingCommon Garage, Off Street
MLS #2338063
Garage1 space
FireplaceGas

Summary

  • MLS Number: 2338063
  • MLS Name: NWMLS
  • Office Name: Champions Real Estate
  • Office Phone: (425) 771-5020
  • Listing Agent: Edwin Ngethe Wahiu

IDX Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.

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. Properties displayed may be listed or sold by various participants in the MLS.

IDX The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest Multiple Listing Service IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2025 Northwest MLS. All rights reserved.

DMCA Notice

Disclaimer: Information contained in this listing has not been verified by Rocket Homes Real Estate, LLC and should be verified by the buyer. All information deemed reliable but not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. All properties are subject to prior sale, change or withdrawal. Neither broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Days on site is calculated from the listing date of the current listing and includes the sum of market time from prior listings for the same property uninterrupted by a sale or more than 60 days off-market. Time off market, including time when a sale is pending, temporarily off market, etc. is not included. NorthwestMLS
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/17/2025, 5:17:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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exterior space featuring roof with shingles and fence

$425,000

1426 S 308th Ln

$5,047

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Sep 12, 2023
Home Sold
$360,000
Apr 11, 2008
Home Sold
$178,000
Nov 05, 2002
Home Sold
$112,950
Nov 30, 1999
Home Sold
$99,900
Oct 27, 1997
Home Sold
$94,000
Jul 28, 1993
Home Sold
$81,800
Dec 05, 1991
Home Sold
$77,500

Tax history

YearAssessmentProperty Tax
2022$267,000$2,611
2021$224,000$2,523
2020$224,000$2,680
2018$169,000$1,944
2017$148,000$2,103

History based on county public records data.

Nearby schools

3

Mirror Lake Elementary School

Public District KG-5

0.6 mi

625 S 314th St

2

Wildwood Elementary School

Public District KG-5

0.8 mi

2405 S 300th St

3

Lake Grove Elementary School

Public District KG-5

1.1 mi

303 SW 308th St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $48,056. Typical income of Federal Way, WA residents is between $35k-100k annually. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

33%
<35k
59%
35k-100k
9%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

65%
Single, No Kids
10%
Single, with Kids
17%
Married, No Kids
8%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

11%
<11 yrs old
5%
12-17 yrs old
18%
18-34 yrs old
38%
35-64 yrs old
28%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Figure SkatingFigure Skating
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • BurlingtonBurlington
  • Chico'sChico's
  • Books-a-MillionBooks-a-Million

Where do the neighbors go to eat?

  • PopeyesPopeyes
  • Bob EvansBob Evans
  • Church's ChickenChurch's Chicken

What do the neighbors drive?

  • DodgeDodge
  • OldsmobileOldsmobile
  • ToyotaToyota

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • NewsNews
  • Adult HitsAdult Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1426 S 308th Ln

This home is located at 1426 S 308th Ln in Federal Way, WA and zip code 98003 in the Bellridge Townhomes neighborhood. This 968 square foot home was built in 1990. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 27, 2025 and is currently priced at $425,000.

In March 2025 more than 24 listings in Federal Way, WA were sold above the asking price. During the same period more than 23 listings were sold at asking price, while more than 24 were sold below. The inventory of homes for sale in Federal Way, WA between February and March 2025 increased by 11.8%. Listings spent 51 days on the market in March 2025, and had a median list price of $600,250 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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