30165 2nd Place S Federal Way, WA 98003
Mirror Lake NeighborhoodEstimated payment $2,496/month
Highlights
- RV Access or Parking
- Wood Flooring
- No HOA
- Territorial View
- Corner Lot
- 4-minute walk to Powellswood Gardens
About This Home
Calling all investors and visionaries! This 1-story home in Federal Way offers a fantastic opportunity to for renovation. DYI or a contractor to earn instant equity. Contractor bid to renovate this home is $34,000 - with a future value of well above listed price. With 1,230 square feet of space, this 3-bedrm, 1-bath home can sparkle. Whether you're looking to flip, rent, or revamp, the layout provides a solid foundation to build your dream project. Conveniently located near schools, parks, and shopping, this home is situated in a desirable neighborhood with strong resale value. Bring your tool belt and your imagination. Great opportunity for an FHA 203K Rehab loan. Septic system has passed inspection and stress test. Request copy of bid
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2398433
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,327
Year Built
- Built in 1961
Lot Details
- 9,040 Sq Ft Lot
- East Facing Home
- Partially Fenced Property
- Corner Lot
- Level Lot
Home Design
- Fixer Upper
- Poured Concrete
- Bitumen Roof
- Wood Siding
Interior Spaces
- 1,230 Sq Ft Home
- 1-Story Property
- Wood Burning Fireplace
- Territorial Views
- Storm Windows
Kitchen
- Walk-In Pantry
- Stove
Flooring
- Wood
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- Bathroom on Main Level
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Parking
- 1 Parking Space
- Attached Carport
- RV Access or Parking
Outdoor Features
- Patio
Utilities
- Forced Air Heating System
- Septic Tank
Community Details
- No Home Owners Association
- Federal Way Subdivision
Listing and Financial Details
- Down Payment Assistance Available
- Visit Down Payment Resource Website
- Legal Lot and Block 1 / K
- Assessor Parcel Number 3391800010
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $4,327 | $428,000 | $132,000 | $296,000 |
| 2023 | $4,309 | $388,000 | $119,000 | $269,000 |
| 2022 | $3,836 | $421,000 | $109,000 | $312,000 |
| 2021 | $3,222 | $334,000 | $87,000 | $247,000 |
| 2020 | $2,958 | $262,000 | $69,000 | $193,000 |
| 2018 | $3,004 | $234,000 | $56,000 | $178,000 |
| 2017 | $2,568 | $208,000 | $51,000 | $157,000 |
| 2016 | $2,501 | $177,000 | $47,000 | $130,000 |
| 2015 | $2,327 | $165,000 | $45,000 | $120,000 |
| 2014 | -- | $157,000 | $45,000 | $112,000 |
| 2013 | -- | $134,000 | $73,000 | $61,000 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/27/2025 06/27/25 | For Sale | $395,000 | +78.7% | $321 / Sq Ft |
| 02/26/2016 02/26/16 | Sold | $221,000 | +11.1% | $180 / Sq Ft |
| 01/18/2016 01/18/16 | Pending | -- | -- | -- |
| 01/15/2016 01/15/16 | For Sale | $199,000 | -- | $162 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $221,000 | First American | |
| Warranty Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $58,649 | FHA | |
| Open | $236,060 | FHA | |
| Closed | $216,997 | FHA |
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2398433
APN: 339180-0010
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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. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID
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