1055 S 317th St

1,390 Sq. Ft.
$378 / Sq. Ft.
1,390
Sq. Ft.
$378
per Sq. Ft.

Description

Discover this prime 3bed/1bath plus bonus room single-family rambler home in Federal Way! Perfectly suited for investors or future owner-occupants! This 1,390 sq.ft. home sits on a spacious 8,505 sq.ft. level lot. It is currently tenant-occupied on a flexible month-to-month lease, providing immediate rental income while maintaining long-term versatility. The interior features a cozy living room with a fireplace and a bright kitchen with a dedicated eating space. A large bonus room (den/office) off...Discover this prime 3bed/1bath plus bonus room single-family rambler home in Federal Way! Perfectly suited for investors or future owner-occupants! This 1,390 sq.ft. home sits on a spacious 8,505 sq.ft. level lot. It is currently tenant-occupied on a flexible month-to-month lease, providing immediate rental income while maintaining long-term versatility. The interior features a cozy living room with a fireplace and a bright kitchen with a dedicated eating space. A large bonus room (den/office) off the kitchen offers endless possibilities as a gym, extra bedroom, or hobby space. Enjoy a large deck and a huge, fully-fenced backyard complete with a concrete slab and basketball hoop. Newly installed LVP floor thoughtout the house, fresh interior paints, a new washer, and newer gas water heater. Just munites to FW Downtown Light Rail, The Commons Mall, groceries, restaurants, parks, Seatac airport, and major freeways. Perfect location connecting Seattle & Tacoma! Lots of potentials!
  1. Listed by Terri Han • Skyline Properties, Inc.

Property Details for 1055 South 317th Street

Community Name
Federal Way
School District
Federal Way
View
Territorial
Number of Assigned Spaces
0
Total Covered Parking
0
Entry Date
01-30-2026
Energy Source
Electric,Natural Gas
Sewer
Sewer Connected
LISTING UPDATED: 01/31/2026 05:02 AM

Property Details for 1055 South 317th Street

StatusActive
MLS #2474944
Days on Market3
Cumulative Days on Market3
Taxes$4,577 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential
Year Built1968
Lot Size0.20 AC / 8,505 SF
CountyKing County

Location

Listing Courtesy of Skyline Properties, Inc.
Add your commute

Building Information for 1055 South 317th Street

Stories-Year Built1968Building Size-Lot Size0.20 AC / 8,505 SF

Payment Calculator

$2,940 per month

30 year fixed, 6.15% Interest

Principal and Interest

$2,559

Property Taxes

$381

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1055 South 317th Street

Summary
Location and General Information
  • Style: 10 - 1 Story
  • Building Information: Built On Lot
  • Site Features: Deck, Fenced-Fully, Outbuildings
  • Area: 110 - Dash Point/Federal Way
  • Elementary School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify
  • High School: Buyer To Verify
  • Effective Year Built Source: Public Records
  • Directions: Pls follow GPS which is correct!
  • Property Sub Type: RESI
  • View: Yes
  • Waterfront: No
  • Entry Location: Main
Taxes and HOA Information
  • Tax Year: 2025
Parking
  • Attached Garage: No
  • Carport: No
  • Parking Type: Driveway Parking
  • Open Parking: No
  • Parking Features: Driveway
Interior and Exterior Features
Bathroom Information
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 0
  • Half Bathrooms: 0
  • Full Baths Lower: 0
  • Full Baths Main: 1
  • Full Baths Upper: 0
  • Three Quarter Baths Lower: 0
  • Three Quarter Baths Main: 0
  • Three Quarter Baths Upper: 0
  • Half Baths Lower: 0
  • Half Baths Main: 0
  • 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: 3
  • Bedrooms Upper: 0
  • Bedrooms Lower: 0
Interior Features
  • Fireplaces Total: 1
  • Fireplaces Main: 1
  • Floor Covering: Laminate, Vinyl Plank
  • Basement: None
  • Features: Double Pane/Storm Window, Dining Room, Fireplace, Water Heater
  • Water Heater Location: Utility Room
  • Room and Floor: Bathroom Full-Main, Bedroom-Main, Bonus Room-Main, Dining Room-Main, Entry Hall-Main, Kitchen Without Eating Space-Main, Living Room-Main, Utility Room-Main
  • Appliances: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Washer(s)
  • Cooling: No
  • Cooling: None
  • Fireplace Features: Gas, Wood Burning
  • Fireplace: Yes
  • Heating: Yes
  • Heating: Forced Air
  • FIRPTA: No
  • Water Heater Type: Gas
  • Room List: Bathroom Full, Bedroom, Bonus Room, Dining Room, Entry Hall, Kitchen Without Eating Space, Living Room, Utility Room
Exterior Features
  • Exterior: Wood, Wood Products
  • Roof: Composition
  • Appliances That Stay: Dishwasher(s),Dryer(s),Microwave(s),Refrigerator(s),Washer(s)
  • Security Features: Fully Fenced
Property
Utilities
  • Water Source: Public
  • Power Company: PSE
  • Sewer Company: Waste Management
  • Water Company: Lakehaven
  • Power Production Type: Electric, Natural Gas
Property and Assessments
  • New Construction YN: No
  • Senior Exemption: No
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete
  • Level: One
  • Lot Topography: Level
  • MLS Square Footage Source: KCR
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1968
  • Photos Count: 23
Lot Information
  • Lot Details: Paved
  • Lot Size Source: KCR
  • Parcel Number Free Text: 3584000350
  • Building Condition: Very Good
  • Calculated Square Footage: 1390
  • Structure Type: House
  • Square Footage Finished: 1390
  • Square Footage Unfinished: 0
  • Vegetation: Brush, Garden Space
  • Building Area Total: 1390.0
  • Building Area Units: Square Feet
  • Property Type: Residential
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Rental
Rent Information
  • Occupant Type: Tenant
  • Land Lease: No
  • Total Actual Rent: $2,850

Property History for 1055 South 317th Street

DateEvent & SourcePriceAppreciation
Jan 30, 2026

Listed (Active)

NWMLS #2474944

$525,000—
May 31, 2024

Sold

NWMLS #2232240

$555,000—
May 31, 2024

Sold

NWMLS #2232240

$455,000—
May 21, 2024

Sold (Public Record)

Public Record #1533603739

$455,000

+4.4% / yr

May 3, 2024

Pending

NWMLS #2232240

—
May 2, 2024

Listed (Active)

NWMLS #2232240

$449,999—
Sep 1, 2004

Sold

NWMLS #24097625

$194,950—
Aug 24, 2004

Sold (Public Record)

Public Record #143418998

$194,950—
Jul 26, 2004

Pending

NWMLS #24097625

—
Jul 12, 2004

Listed (Active)

NWMLS #24097625

$188,950—
DateEvent & SourcePrice
01/30/2026

Listed (Active)

NWMLS #2474944

$525,000
05/31/2024

Sold

NWMLS #2232240

$555,000
05/31/2024

Sold

NWMLS #2232240

$455,000
05/21/2024

Sold (Public Record)

Public Record #1533603739

$455,000

+4.4% / yr

05/03/2024

Pending

NWMLS #2232240

—
05/02/2024

Listed (Active)

NWMLS #2232240

$449,999
09/01/2004

Sold

NWMLS #24097625

$194,950
08/24/2004

Sold (Public Record)

Public Record #143418998

$194,950
07/26/2004

Pending

NWMLS #24097625

—
07/12/2004

Listed (Active)

NWMLS #24097625

$188,950

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

Public Records for 1055 South 317th Street

Taxable ValueLand$174,000Additions$280,000Total$454,000
Tax Record2024$4,553 ($379 / month)
Home Facts
Beds3Baths1Total Finished SqFt1,390 SqFtAbove Ground SqFt1,390 SqFtStories1Lot Size8,505 SqFtStyleSingle Family ResidenceYear Built1968ZoningRS7.2CountyKINGAPN358400-0350Fireplace TypeHas Fireplace

Schools near 1055 South 317th Street

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

Similar Sold Homes

1055 South 317th Street is a single family home for sale in Federal Way, WA 98003. This property was listed for sale on January 30, 2026 by Skyline Properties, Inc., it's currently listed at $525,000. It has been on the market for a total of 3 days and was last sold on May 31, 2024. 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. 1055 South 317th Street is a 3-bed, 1-bath, 1,390 sqft single family home built in 1968.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Skyline Properties, Inc.

Based on information submitted to the MLS GRID as of 01/31/2026 05:02 AM. 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.