1040 S 320th St, Unit 5

1,088 Sq. Ft.
$292 / Sq. Ft.
1,088
Sq. Ft.
$292
per Sq. Ft.

Description

Welcome to gated Trinidad South in the heart of Federal Way - where comfort, convenience, and location truly come together. This townhome-style condo lives like a single-family home with a bright, open-concept main floor, spacious great room, and cozy gas fireplace, making it perfect for everyday living and entertaining. Major updates are already done for you: newer deck, windows, slider, and washer & dryer (all just 2 years old). The primary bathroom has been beautifully remodeled, and all appliances...Welcome to gated Trinidad South in the heart of Federal Way - where comfort, convenience, and location truly come together. This townhome-style condo lives like a single-family home with a bright, open-concept main floor, spacious great room, and cozy gas fireplace, making it perfect for everyday living and entertaining. Major updates are already done for you: newer deck, windows, slider, and washer & dryer (all just 2 years old). The primary bathroom has been beautifully remodeled, and all appliances stay - this home is truly move-in ready! Step outside to relax on your private deck or enjoy being just minutes from literally everything. You’re close to all kinds of shopping, dining, and entertainment at The Commons at Federal Way, everyday essentials at nearby Costco and Trader Joe's, plus countless restaurants, coffee shops, and many other services nearby. Commuters will love the easy access to the Federal Way Transit Center and Link Light Rail, connecting you to Seattle, Tacoma, and beyond. Low-maintenance living, smart updates, and a location that puts everything within reach. This is the one you’ve been waiting for!
  1. Listed by Dan Benz • NextHome South Sound
    P: (253)-292-1132 dan@nexthomesouthsound.com

Property Details for 1040 South 320th Street, Unit 5

Community Name
Mirror Lake
School District
Federal Way
View
Territorial
Number of Assigned Spaces
0
Entry Date
05-13-2026
Energy Source
Electric,Natural Gas
LISTING UPDATED: 06/10/2026 01:10 PM

Property Details for 1040 South 320th Street, Unit 5

StatusActive
MLS #2521262
Days on Market29
Cumulative Days on Market29
Pet Policy-
Taxes$3,245 / year
HOA Fees$475 / month
Condo/Co-op Fees-
Property TypeCondo
MLS TypeResidential
Year Built1978
CountyKing County

Location

Listing Courtesy of NextHome South Sound
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Building Information for 1040 South 320th Street, Unit 5

Building/Complex1040 S 320th StFloor-Stories2Residences43Pet Policy-Pet Policy Details-Year Built1978

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$2,328 per month

30 year fixed, 6.36% Interest

Principal and Interest

$1,582

Property Taxes

$270

HOA Dues

$475

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Property Information for 1040 South 320th Street, Unit 5

Summary
Location and General Information
  • Style: 31 - Condo (2 Levels)
  • Area: 110 - Dash Point/Federal Way
  • Elementary School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify
  • High School: Buyer To Verify
  • Community Features: Cable TV, Gated, High Speed Int Avail, Outside Entry
  • Effective Year Built Source: Public Records
  • Unit Floor Number: 1
  • Directions: GPS Friendly.
  • Property Sub Type: COND
  • Bus Line Nearby: true
  • View: Yes
  • Waterfront: No
  • Direction Faces: East
Taxes and HOA Information
  • Tax Year: 2025
  • Home Owner Dues Include: Common Area Maintenance, Gas, Sewer, Trash, Water
  • Association Phone: 253-927-3076
Parking
  • Carport: Yes
  • Parking Type: Carport
  • Parking Features: Carport
Interior and Exterior Features
Bathroom Information
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 0
  • Half Bathrooms: 1
  • Full Baths Lower: 0
  • Full Baths Main: 0
  • Full Baths Upper: 1
  • Three Quarter Baths Lower: 0
  • Three Quarter Baths Main: 0
  • Three Quarter Baths Upper: 0
  • Half Baths Lower: 0
  • Half Baths Main: 1
  • Half Baths Upper: 0
  • Full Baths Garage: 0
  • Half Baths Garage: 0
  • Three Quarter Baths Garage: 0
  • Main Level Bathrooms: 1
Bedroom Information
  • Bedrooms Main: 0
  • Bedrooms Upper: 2
  • Bedrooms Lower: 0
  • Master Bedroom Level: Second
Interior Features
  • Fireplaces Total: 1
  • Fireplaces Main: 1
  • Floor Covering: Laminate, Vinyl, Carpet
  • Features: Cooking-Electric, Dryer-Electric, Fireplace, Ground Floor, Washer, Water Heater
  • Water Heater Location: Main floor closet
  • Appliance Hookups: Cooking-Electric,Dryer-Electric,Washer
  • Common Features: Cable TV, High Speed Int Avail, Outside Entry, Security Gate
  • Room and Floor: Kitchen Without Eating Space-Main, Living Room-Main, Primary Bedroom-Second, Utility Room-Main, Bedroom-Second, Bathroom Half-Main, Bathroom Full-Second
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer
  • Cooling: No
  • Cooling: None
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Heating: Yes
  • Heating: Baseboard
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • FIRPTA: No
  • Storage Location: In back off deck
  • Water Heater Type: Gas
  • Room List: Kitchen Without Eating Space, Living Room, Primary Bedroom, Utility Room, Bedroom, Bathroom Half, Bathroom Full
  • Number Of Showers: 1
Exterior Features
  • Exterior: Metal/Vinyl
  • Roof: Composition
  • Appliances That Stay: Dishwasher(s),Dryer(s),Garbage Disposal,Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • Security Features: Security Gate
Property
Utilities
  • Power Company: PSE
  • Sewer Company: Lakehaven
  • Water Company: Lakehaven
  • Power Production Type: Electric, Natural Gas
Property and Assessments
  • New Construction YN: No
  • Senior Exemption: No
  • Level: Two
  • Project Approved By FHA: true
  • Construction Methods: Steel & Concrete
  • First Right Of Refusal: false
  • MLS Square Footage Source: Realist
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1978
  • Photos Count: 32
Lot Information
  • Lot Details: Paved, Sidewalk
  • Lot Size Source: Realist
  • Parcel Number Free Text: 8682400270
  • Calculated Square Footage: 1088
  • Dwelling Type: Attached
  • Structure Type: Condominium
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 1088.0
  • Building Area Units: Square Feet
  • Property Type: Residential
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Parking Space #: #5
  • Number of Stories in Building: 2
  • Number of Access Stairs: 0
  • Unit Number: 5
  • Unit Features: Balcony/Deck/Patio, Ground Floor
  • Number of Units in Complex: 43
  • Units In Building Total: 43
Rental
Rent Information
  • Occupant Type: Vacant
  • Cats and Dogs: No Restrictions

Property History for 1040 South 320th Street, Unit 5

DateEvent & SourcePriceAppreciation
Jun 8, 2026

Price Change

NWMLS #2521262

$317,500
May 13, 2026

Listed (Active)

NWMLS #2521262

$322,000
Jul 19, 2019

Sold

NWMLS #1475385

$230,950
DateEvent & SourcePrice
06/08/2026

Price Change

NWMLS #2521262

$317,500
05/13/2026

Listed (Active)

NWMLS #2521262

$322,000
07/19/2019

Sold

NWMLS #1475385

$230,950

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1040 South 320th Street, Unit 5

Taxable ValueLand$54,400Additions$235,600Total$290,000
Tax Record2025$3,528 ($294 / month)
Home Facts
Beds2Baths1.5Total Finished SqFt1,088 SqFtAbove Ground SqFt1,088 SqFtStories2Lot Size67,287 SqFtStyleCondominiumYear Built1978ZoningCFCountyKINGAPN868240-0270Fireplace TypeHas Fireplace

Schools near 1040 South 320th Street, Unit 5

This home is within Federal Way School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Mirror Lake Elementary School
PublicPK to 5

Sacajawea Middle School
Public6 to 8

Federal Way Senior High School
Public9 to 12

Gateway To College
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

1040 South 320th Street, Unit 5 is a condo for sale in Federal Way, WA 98003. This property was listed for sale on May 13, 2026 by NextHome South Sound, it's currently listed at $317,500. It has been on the market for a total of 29 days and was last sold on July 19, 2019. This listing's school district is Federal Way School District. Nearby schools include Mirror Lake Elementary School, Sacajawea Middle School and Federal Way Senior High School. 1040 South 320th Street, Unit 5 is a 2-bed, 2-bath, 1,088 sqft condo built in 1978.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of NextHome South Sound

Based on information submitted to the MLS GRID as of 06/10/2026 01:10 PM. 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 information 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. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.