131 S 324th Place Federal Way, WA $ 350,000
131 S 324th Place
$ 350,000
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131 S 324th Place

Federal Way, WA, 98003
$ 350,000
Bedrooms2 Baths2.0 Sq 1,241

Monthly Estimate*

$ 2,155

Listed by COMPASS
131 S 324th Place, Federal Way, WA 98003 - Image 1
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Single Family Home for sale in Federal Way, WA

for $350,000 with 2 bedrooms and 2 full baths. This 1,241 square foot home was built in 1978.

Welcome home to this beautifully kept 2-bedroom, 1.75 bath townhome that lives like a single-family home. A quiet end unit in the desirable Colonial Forest community - this home offers peaceful surroundings away from the main street, while still being just minutes from shopping, dining, parks, and major commuter routes. Enjoy having all of your main living space on one level, with the bonus of a finished room downstairs, already plumbed and full of possibilities. It’s perfect for a home office, guest space, hobby room, or …… The HUGE garage offers tandem parking for 2 cars plus abundant room for storage, workshop space, or outdoor tools and gear. In addition to your garage space, there are also 2 designated parking spots outside the garage, as well as ample curbside parking along the street. Main floor includes 2 bedrooms - each with a walk-in closet, 2 baths, a bright kitchen with a gas range, and a spacious living room. Step outside to two large private decks where you can relax and enjoy the lush, beautiful gardens. Have a green thumb? You can choose to nurture your garden space yourself or simply let the groundskeepers maintain it and just enjoy the view. **Pre-Inspection has already been completed. This home qualifies for a $10,000 down payment grant...plus up to $5,000 toward closing costs. The condo community is FHA and VA approved.

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Single Family Active

Price

$ 350,000

Bedrooms

2

Full Bath

2

Property Type

Single Family

Taxes

$ 3,879

Style

Townhouse

Year Built

1978

Town/City

Federal Way

County/Region

King

MLS | Web ID

2524277

Features
General
Living Area 1241
Sewer Sewer Connected
Heating Forced Air
Cooling None
Possession Closing
Roof Composition
Appliances Dishwasher Disposal Dryer Microwave Refrigerator Stove(s)/Range(s) Washer
HOA Fee 497
Association Fee Includes Cable TV Common Area Maintenance Lawn Service Road Maintenance Sewer Water
Security Features Security Gate
Year Built 1978
View Territorial
Topography Level
Levels Multi/Split
Property Subtype Single Family Residence
Tax Year 2025
Community Features Gated
Building Name Colonial Forest
Assoc Fee Paid Per Monthly
County King
New Construction N
Property Type Residential
HOA Y
Attached Garage Y
Subdivision Name West Campus
Facing Direction East
Garage Y/N Y
Full Baths 1
Special Listing Conditions None
Status Active
Directions Use 1st Avenue entrance. Enter gate take left at fork follow road to the right. Unit is on right-hand side. Park on street or in 2 spots in front of garage in back. (Gate code #0243 if closed.)
High School Buyer To Verify
City Federal Way
Senior Community Y/N N
High School District Federal Way
MLS Area 110 - Dash Point/Federal Way
Lot Size Units Square Feet
Lot Size Square Feet 1
Carport Y/N N
Listing Terms Cash Conventional FHA VA Loan
Elementary School Buyer To Verify
Land Lease Y/N N
Tax Annual Amount 3879
Middle/Junior High School Buyer To Verify
Public Remarks Welcome home to this beautifully kept 2-bedroom 1.75 bath townhome that lives like a single-family home. A quiet end unit in the desirable Colonial Forest community - this home offers peaceful surrou
Virtual Tour https://www.zillow.com/view-imx/1e6b7845-3d52-4f2c-8e00-080e73e9d98e?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard
Structure Type Townhouse
Building Area Units Square Feet
Standard Status Active
Water Company Covered by HOA
Property Style 32 - Townhouse
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Interior
Interior Amenities Bath Off Primary Fireplace Sprinkler System Walk-In Closet(s) Water Heater
Flooring Ceramic Tile Laminate Carpet
Total Fireplaces 1
Fireplace Features Wood Burning
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N Y
Half Baths 0
3/4 Baths 1
Total Bedrooms 2
Main Level Bedrooms 2
Total Baths 2
Water Heater Type gas
Water Heater Location garage
Fireplaces Main 1
Power Production Type Electric Natural Gas
Baths Three Quarter Garage 0
Baths Three Quarter Lower 0
Baths Three Quarter Main 1
Baths Three Quarter Upper 0
Bedrooms Lower 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Half Main 0
Baths Half Lower 0
Baths Half Garage 0
Baths Full Upper 0
Baths Full Main 1
Baths Full Lower 0
Baths Full Garage 0
Bathrooms 1.75
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Exterior
Exterior Amenities Metal/Vinyl
Vegetation Brush Garden Space
Parking Features Attached Garage Off Street
Lot Features Curbs Paved Sidewalk
Water Source Public
Total Parking 4
Inclusions Dishwasher(s) Dryer(s) Garbage Disposal Microwave(s) Refrigerator(s) Stove(s)/Range(s) Washer(s)
Foundation Details Poured Concrete
Building Area Total 1241
Lot Size Acres 0
Waterfront Y/N N
Covered Spaces 2
Irrigation Water Rights Y/N N
Site Features Cable TV Deck Gated Entry High Speed Internet Sprinkler System
Parking Uncovered Total 2
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Internal Only
OriginalMLSID NWM2524277
Street Number 1 131
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* Excluded Features
List By
Mika Praven

Listing Agent

Compass

Broker

Affordability Calculator

$2,478
Per Month
87%
13%
0%
Monthly Principal & Interest
$2,155
Monthly Property Taxes
$323
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3100707 Elementary School
3100498 Middle School
Buyer To Verify High School High School
Pricing History
DatePricePrice ChangeDescription
5/14/2026$350,000 Listed Price

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131 S 324th Place, Federal Way, WA, 98003 is a Single Family Home for sale at $350,000 with 1,241 sqft. 131 S 324th Place has 2 bedrooms, 2.0 baths, and was built in 1978. The property's zip code is 98003 which is in Federal Way, WA