$500,000
Est. $2,536/mo3 bd•1,000 sq ft
1281 S 315th, Federal Way, WA 98003
• Listed 2025-06-23•New today
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Based on information submitted to the MLS GRID as of June 1, 2026 at 9:44 AM PDT (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.
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One level living on a BIG fully fenced lot between Mirror Lake and downtown Federal Way. This adorable Bungalow has a light and bright feel with big windows and skylights. Open kitchen and dining make the space feel welcoming and warm. Huge patio overlooks the backyard with fruit trees and roses. Enjoy plenty of space to garden and play. Originally built in 1955, this house had a great remodel done in 2005 which makes it feel current and usable. Big garage plus driveway and side parking; enough space for RVs and toys. Just one mile to the Federal Way Transit Center with Light Rail opening in 2026; enjoy upside from the revitalization of Town Center 3.
Listed by Javila Creer • Windermere Real Estate Midtown
Listing updated: August 31, 2025 at 04:05am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2396528
Open houses
No upcoming open houses scheduled for this property.
5 recent nearby sales, priced between $425K and $510K.
$510,000Last sold price
30420 3rd Place S, Federal Way, WA 98003
$465,000Last sold price
30602 1st Place S, Federal Way, WA 98003
$435,000Last sold price
148 S 302nd Street, Federal Way, WA 98003
6 programs may be available to provide you with up to $55,000 in down payment assistance, depending on your specific information.
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Federal Way is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
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 38 days.
$949,422 Sold
2 months ago
5 bd•2 ba•~2,983 sq ft•Single Family
30218 11th Place S, Federal Way, WA 98003
0%
Over list
—
Days on market
0.9 mi
Distance
$922,580 Sold
5 months ago
5 bd•2 ba•~2,983 sq ft•Single Family
30214 11th Place S, Federal Way, WA 98003
0%
Over list
—
Days on market
0.9 mi
Distance
$645,000 Sold
5 months ago
4 bd•1 ba•~2,500 sq ft•Single Family
528 S 302nd St, Federal Way, WA 98003
2%
Under list
—
Days on market
1.0 mi
Distance
$452,500 Sold
6 months ago
3 bd•2 ba•~1,185 sq ft•Single Family
30310 6th Avenue S, Federal Way, WA 98003
5%
Under list
—
Days on market
0.9 mi
Distance
$599,999 Sold
6 months ago
3 bd•1 ba•~1,621 sq ft•Single Family
31708 7th Avenue S, Federal Way, WA 98003
0%
Over list
—
Days on market
0.4 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 agentMarket data via RentCast · Updated Jun 2026
Schools shown are the nearest public Elementary, Middle, and High school for this property. School district boundaries change — verify the assigned school with the district before purchasing.