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    1006 S 312Th St, Unit 233 Federal Way, WA 98003

    For Sale
    $296,000

    Top-floor condo with lake views, open layout, and covered parking.

    Property size:
    1,008 SF

    Property Features for 1006 S 312Th St

    General Information

    Size
    1,008 SF

    Building Details

    Year built
    1980

    Source: JSL Real Estate LLC Agent Josephine Lee

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Top-Floor Condo with Lake Views

    This top-floor condo offers views of Easter Lake from a private deck. The unit features vaulted ceilings and an open layout, along with a fireplace and a primary bedroom with an en-suite bathroom. An in-unit washer/dryer and balcony storage are included. The property provides one designated carport space and guest parking. Located in Federal Way, the condo is near schools, shopping, dining, and other amenities. The community is well-maintained and includes an athletic court. With access to major freeways, this location is suitable for commuters. The property size is 1008 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Federal Way
    County
    King
    State
    Washington
    Longitude
    -122.3206799
    Latitude
    47.3236158

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    FAQs

    What type of property is this?
    Apartment building - Top-floor condo with lake views, open layout, and covered parking.
    Where is this apartment building located?
    The property is located at 1006 S 312Th St, Unit 233 Federal Way, WA.
    What is the asking price?
    The asking price for this property is $296,000.
    What are key features of this property?
    This property features: - Lake views from a PRIVATE DECK.; - Top-floor unit featuring VAULTED CEILINGS and an open layout.; - Convenient Federal Way location, close to amenities and freeways.
    Request Owner's contact information
    1006 S 312Th St, Unit 233 Federal Way, WA 98003
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    Federal Way, WA 98003
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1006 S 312Th St, Unit 233 Federal Way, WA 98003
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