$375,000

506 S 321st St Unit 1B Federal Way, WA 98003

$4,453
Closing credit¹
3 beds
1 full
1,011 sqft
$371 / sqft
House

Property details

About 506 S 321st St Unit 1B

Welcome to your sanctuary within a peaceful community—just minutes from The Commons, major freeways, & the future Federal Way light rail. Spacious 3 bedroom conner corner offers over 1,000 sqft of open-concept living, featuring new LVP flooring, fresh paint, new heaters,door,blinds & windows,that bring in natural light & comfort.The modern kitchen boasts white soft-close cabinets, quartz countertops, & new SS appliances. Primary bedroom includes a walk-in closet & a fully updated bath. Enjoy your own private patio & 2 dedicated parking spaces. Community amenities include a pool, cabana, dog run, & sports courts. With water, sewer, & garbage included in the low HOA dues, this move-in-ready home offers comfort, style, & convenience!

Highlights

HeatingForced Air
StatusActive
Size1,011 sqft
Year built1979
ParkingUncovered
MLS #2378482
FireplaceWood Burning
ViewTerritorial

Summary

  • Full Bathrooms: 1
  • Interior: Cooking-Electric, Dryer-Electric, Fireplace, Washer, Water Heater
  • Fireplace: Wood Burning
  • Total Bedroom Count: 3
  • Parking: Uncovered
  • View: Territorial
  • Exterior: Wood, Wood Products
  • Heating: Forced Air
  • Cooling: None
  • List Price: $375,000
  • Price/SqFt: $370
  • HOA Amount: $435
  • HOA Frequency: Monthly
  • Lot: Curbs, Open Lot, Paved, Sidewalk
  • Directions: I-5 head West on 320th. Left (South) on 5th Ave South. 1st Left into Parking lot of Campus Green, then left - park in front of basketball court. Walk way to the left (facing North).
  • Year Built: 1979
  • Stories: 1
  • Living Area: 1,011 SqFt
  • MLS Number: 2378482
  • MLS Name: NWMLS
  • Office Name: Marketplace Sothebys Intl Rty
  • Office Phone: (425) 243-9000
  • Listing Agent: Stella Hu

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: 5/21/2025, 2:47:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of patio / terrace

$375,000

506 S 321st St Unit 1B

$4,453

closing credit¹

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Price information

Property sales

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Tax history

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Nearby schools

3

Mirror Lake Elementary School

Public District KG-5

0.4 mi

625 S 314th St

3

Lake Grove Elementary School

Public District KG-5

1.0 mi

303 SW 308th St

4

Silver Lake Elementary School

Public District KG-5

1.2 mi

1310 SW 325th Pl

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 $63,924. The most common annual income of people living in Federal Way, WA is between $35k-100k. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

32%
<35k
45%
35k-100k
17%
100k-200k
6%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

45%
Single, No Kids
12%
Single, with Kids
23%
Married, No Kids
20%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
8%
12-17 yrs old
21%
18-34 yrs old
41%
35-64 yrs old
16%
65+ yrs old

What do the neighbors do for fun?

  • College BasketballCollege Basketball
  • Hiking/backpackingHiking/backpacking
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • DillardsDillards
  • Nordstrom RackNordstrom Rack
  • Chico'sChico's

Where do the neighbors go to eat?

  • Logan's RoadhouseLogan's Roadhouse
  • ChipotleChipotle
  • Bob EvansBob Evans

What do the neighbors drive?

  • HyundaiHyundai
  • MazdaMazda
  • OldsmobileOldsmobile

What do the neighbors listen to?

  • RockRock
  • NewsNews
  • Christian Adult ContemporaryChristian Adult Contemporary
All data provided by Home Junction and Claritas

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Frequently asked questions

About 506 S 321st St Unit 1B

The listing price of 506 S 321st St Unit 1B property is $375,000.

The property 506 S 321st St Unit 1B is a house located in Federal Way, Washington, 98003.

Active Listing: 506 S 321st St Unit 1B is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 506 S 321st St Unit 1B are: Mirror Lake Elementary School (GreatSchools Rating 3/10), Lake Grove Elementary School (GreatSchools Rating 3/10), Silver Lake Elementary School (GreatSchools Rating 4/10), Lakota Middle School (GreatSchools Rating 3/10), Sacajawea Middle School (GreatSchools Rating 3/10), TAF Academy at Saghalie (GreatSchools Rating 2/10), Federal Way High School (GreatSchools Rating 3/10), Open Doors Youth Reengagement (1418) (GreatSchools Rating 1/10), Internet Academy (GreatSchools Rating 3/10).

The property at 506 S 321st St Unit 1B has 3 bedrooms and 1 bathroom.

The property 506 S 321st St Unit 1B is 1,011 SqFt (source: MLS/tax record).

The year of construction for 506 S 321st St Unit 1B is 1979.

This home is located at 506 S 321st St Unit 1B in Federal Way, WA and zip code 98003 in the West Campus / Fed Way neighborhood. This 1,011 square foot home was built in 1979. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since May 20, 2025 and is currently priced at $375,000.

In April 2025 more than 22 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 22 were sold below. The number of listings in Federal Way, WA increased by 7.2% between March and April 2025. While the average time on the market in April 2025 was 43 days, the median list price was $600,036.

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

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