1761 South 305th Place
1761 South 305th Place
Federal Way, WA 98003
$1,225,000
Last Sold Price
12
Beds
6
Baths
5,320 Sq. Ft.
$230 / Sq. Ft.
5,320
Sq. Ft.
$230
per Sq. Ft.
Sold 12/7/22
Sold 12/7/22
Listing provided courtesy of Windermere RE West Campus Inc, Windermere RE South Sound, Inc, John L. Scott, Inc.
Description
Attention investors/buyers... OUTSTANDING opportunity in the heart of Federal Way on over an acre of property! This 6-plex features units with 2 bedrooms, 1 bath, 886 sf, stacked washer/dryer, appliances & decks! Rents are below market value & most leases are currently month-to-month! Building is in need of some updating/repair, but it won't take much to make it shine! Original owner. Tucked away on a dead end street, this property is near schools, shopping, services, parks, freeways & more! This...Attention investors/buyers... OUTSTANDING opportunity in the heart of Federal Way on over an acre of property! This 6-plex features units with 2 bedrooms, 1 bath, 886 sf, stacked washer/dryer, appliances & decks! Rents are below market value & most leases are currently month-to-month! Building is in need of some updating/repair, but it won't take much to make it shine! Original owner. Tucked away on a dead end street, this property is near schools, shopping, services, parks, freeways & more! This is a fantastic property to add to your portfolio at an opportune time!
- Listed by John V. Siridakis • Windermere RE West Campus Inc
- Listed by Terri Reade • Windermere RE South Sound, Inc
Property Details for 1761 South 305th Place
Community Name
Federal Way
School DistrictFederal Way
ViewSee Remarks
Number of Assigned Spaces9
Total Covered Parking0
Entry Date07-26-2022
Energy SourceElectric,See Remarks
SewerSewer Connected
Location
Listing Courtesy of Windermere RE West Campus Inc; Windermere RE South Sound, Inc![]()
Sold By John L. Scott, Inc.
Add your commute
LISTING UPDATED: 12/08/2022 01:45 PM
Property Details for 1761 South 305th Place
| Status | Sold |
|---|---|
| MLS # | 1970441 |
| Days on Market | 17 |
| Cumulative Days on Market | 486 |
| Taxes | $14,867 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1969 |
| Lot Size | 1.14 AC / 49,600 SF |
| County | King County |
Location
Listing Courtesy of Windermere RE West Campus Inc; Windermere RE South Sound, Inc![]()
Sold By John L. Scott, Inc.
Add your commute
Building Information for 1761 South 305th Place
Stories2Residences6Year Built1969Building Size-Lot Size1.14 AC / 49,600 SF
Payment Calculator
$7,924 per month
30 year fixed, 7.25% Interest
Principal and Interest
$6,685
Property Taxes
$1,239
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 1761 South 305th Place
Summary
Location and General Information
- Style: 55 - 5-9 Units
- Site Features: Cable TV, Deck, Fenced-Partially
- Area: 110 - Dash Point/Federal Way
- Effective Year Built Source: Public Records
- Directions: Head west on 320th. Right on Pacific Hwy/99. Right on S. 305th Pl to units on right.
- Leased Items: None
- Property Sub Type: MULT
- View: Yes
- Waterfront: No
Taxes and HOA Information
- Tax Year: 2022
Parking
- Number of Carport Spaces: 0.0
- Carport: No
- Open Parking Spaces: 9.0
- Open Parking: Yes
Interior and Exterior Features
Interior Features
- Furnished: Unfurnished
- Floor Covering: See Remarks, Vinyl, Carpet
- Features: Wall to Wall Carpet
- Amenities: See Remarks
- Fireplace: No
- Heating: Yes
Exterior Features
- Exterior: See Remarks, Wood Products
- Roof: Composition, See Remarks
Property
Utilities
- Heating and Cooling: Baseboard
- Water Source: Public, See Remarks
- Water/Sewer/Garbage: 5400
- Power Production Type: Electric, See Remarks
- Utilities: Cable Connected, Sewer Connected, Electricity Available, See Remarks
Property and Assessments
- New Construction YN: No
- Zoning Jurisdiction: See Remarks
- Foundation: See Remarks
- Zoning Class: See Remarks
- Possible Use: See Remarks
- Preliminary Title Ordered: Yes
- Senior Community: No
- Special Listing Conditions: None
- Year Built Effective: 1992
- Photos Count: 22
Lot Information
- Lot Details: Curbs, Dead End Street, Open Space, Paved, Secluded, Value In Land
- Lot Size Source: County
- Parcel Number Free Text: 2558170070
- Building Condition: Good
- Calculated Square Footage: 5320
- Structure Type: Multi Family
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 5320.0
- Building Area Units: Square Feet
- Property Type: Residential Income
- Elevation Units: Feet
- Irrigation Water Rights: No
Multi Family
Building Details
- Number of Uncovered Spaces: 9
- Number of Stories in Building: 2
- Vacancy Rate: 0
- Number Of Units Total: 6
- Units Below Grade: false
- Units In Building Total: 6
Financing / Income and Expenses
- Electric Expense: $240
- Total Expenses: 23458
- Gross Adjusted Income: 0
- Gross Rent Multiplier: 0
- Gross Scheduled Income: $0
- Insurance Expense: $2,951
- Net Operating Income: $0
- Other Expenses: $0
- Total Monthly Income: 0
- Fuel Expense: $0
Unit 1
- Name Unit 1: A
- Washer/Dryer Unit 1: true
- Range/Oven Unit 1: true
- Refrigerator Unit 1: true
- Dishwasher Unit 1: true
- Square Feet Unit 1: 886
- Rent Unit 1: $1,295.00
- Bedrooms Unit 1: 2
- Bathrooms Unit 1: 1
Unit 2
- Name Unit 2: B
- Washer/Dryer Unit 2: true
- Range/Oven Unit 2: true
- Refrigerator Unit 2: true
- Dishwasher Unit 2: true
- Square Feet Unit 2: 886
- Rent Unit 2: $740.00
- Bedrooms Unit 2: 2
- Bathrooms Unit 2: 1
Unit 3
- Name Unit 3: C
- Washer/Dryer Unit 3: true
- Range/Oven Unit 3: true
- Refrigerator Unit 3: true
- Dishwasher Unit 3: true
- Square Feet Unit 3: 886
- Rent Unit 3: $890.00
- Bedrooms Unit 3: 2
- Bathrooms Unit 3: 1
Unit 4
- Name Unit 4: D
- Washer/Dryer Unit 4: true
- Range/Oven Unit 4: true
- Refrigerator Unit 4: true
- Dishwasher Unit 4: true
- Square Feet Unit 4: 886
- Rent Unit 4: $690.00
- Bedrooms Unit 4: 2
- Bathrooms Unit 4: 1
Unit 5
- Name Unit 5: E
- Washer/Dryer Unit 5: true
- Range/Oven Unit 5: true
- Refrigerator Unit 5: true
- Dishwasher Unit 5: true
- Square Feet Unit 5: 886
- Rent Unit 5: $1,295.00
- Bedrooms Unit 5: 2
- Bathrooms Unit 5: 1
Unit 6
- Name Unit 6: F
- Washer/Dryer Unit 6: true
- Range/Oven Unit 6: true
- Refrigerator Unit 6: true
- Dishwasher Unit 6: true
- Square Feet Unit 6: 886
- Rent Unit 6: $.00
- Bedrooms Unit 6: 2
- Bathrooms Unit 6: 1
Rental
Rent Information
- Occupant Type: Tenant
- Leasable Area: 5320.0
- Leasable Area Units: Square Feet
Property History for 1761 South 305th Place
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1761 South 305th Place
Taxable ValueLand$225,000Additions$1,081,000Total$1,306,000
Tax Record2022$12,900 ($1,075 / month)
Home Facts
Total Finished SqFt5,322 SqFtAbove Ground SqFt5,322 SqFtStories2Lot Size49,600 SqFtStyleMulti-Family Dwelling (2-4)Year Built1969Year Renovated1992ZoningRM1800CountyKINGAPN255817-0070
Schools near 1761 South 305th Place
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 - | PK to 12 |
Rating | School | Distance |
|---|---|---|
Wildwood Elementary School PublicPK to 5 | ||
Sacajawea Middle School Public6 to 8 | ||
Federal Way Senior High School Public9 to 12 | ||
Internet Academy PublicPK 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.
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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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Windermere RE West Campus Inc; Windermere RE South Sound, Inc
Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.