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$525,000

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 1 Full Bath
  • 1,390 Sq. Ft.

Listed by Terri Han | Skyline Properties, Inc. | (253) 604-6000

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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!

Full Property Details for 1055 S 317th St

General

  • Price: $525,000
  • Taxes: $4,577 (2025)
  • Status: Active
  • Type: Single Family
  • Source: NWMLS
  • MLS ID: 2474944
  • Updated: 1/30/2026
  • Added to Site: 31 day(s) ago

Interior

  • Interior Features: Double Pane/Storm Window, Dining Room, Fireplace, Water Heater
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Gas, Wood Burning
  • Appliances: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Washer(s)
  • Flooring: Laminate, Vinyl Plank

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Floor Baths: 1

Bedrooms

  • Total Bedrooms: 3
  • Bedrooms Main: 3

Additional Information

  • Amenities: Deck, Fenced-Fully, Outbuildings
  • Security/Safety: Fully Fenced

Parking

  • Parking Features: Driveway

Location

  • Area: 110 - Dash Point/Federal Way
  • County: King
  • Subdivision: Federal Way
  • Driving Directions: Pls follow GPS which is correct!

School Information

  • High School District: Federal Way
  • Elementary School: Buyer To Verify
  • Middle School: Buyer To Verify
  • High School: Buyer To Verify

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Forced Air
  • Water Heater: Gas

Utilities

  • Sewer: Sewer Connected
  • Water: Public

Structural Information

  • Structure Type: House
  • Exterior Const.: Wood, Wood Products
  • Basement Desc.: None
  • Foundation: Poured Concrete
  • Roof: Composition
  • Entry Location: Main
  • Square Feet: 1,390
  • Finished Total: 1,390 Sq. Ft.
  • Year Built: 1968
  • Property Condition: Very Good

Lot Features

  • Property View: Territorial
  • Lot Size (Acres): 0.1952
  • Lot Size (Sq. Ft.): 8,505
  • Lot Size Source: KCR
  • Topography: Level
  • Lot Features: Paved
  • Trees/Vegetation: Brush, Garden Space

Financial Considerations

  • Tax Amount: $4,577
  • Tax Year: 2025
  • Terms: Cash Out, Conventional, FHA, VA Loan

Disclosures and Reports

  • Special Conditions: None
  • Inclusions: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Washer(s)
  • Property ID: 3584000350

Listed by Terri Han | Skyline Properties, Inc. | (253) 604-6000

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Schools serving 1055 S 317th St

School District:Federal Way School District
NameGradesDistance
Mirror Lake Elementary School
625 South 314th Street, Federal Way, WA 98003
K-50.4 mi
Sacajawea Middle School, Federal Way, WA
1101 South Dash Point Road, Federal Way, WA 98003
6-81.2 mi
Federal Way Senior High School
30611 16th Avenue South, Federal Way, WA 98003
9-120.8 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1055 S 317th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/30/2026
Listed
$525,000
15.38%
MLS
5/21/2024
Sold
$455,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1055 S 317th St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,553
—
$454,000
2%
2024
$4,553
3%
$447,000
—
2022
$4,439
24%
$447,000
26%
2021
$3,573
—
$354,000
21%
2021
$3,573
9%
$292,000
7%
2020
$3,284
8%
$272,000
4%
2019
$3,045
-9%
$261,000
12%
2018
$3,338
17%
$232,000
18%
2017
$2,846
3%
$197,000
8%
2016
$2,763
8%
$183,000
5%
2015
$2,569
6%
$174,000
18%
2014
$2,418
—
$148,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Terri Han | Skyline Properties, Inc. | (253) 604-6000

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1055 S 317th Street, Federal Way, WA 98003 (MLS# 2474944) is a Single Family property with 3 bedrooms and 1 full bathroom. 1055 S 317th Street is currently listed for $525,000 and was received on January 30, 2026. Want to learn more about 1055 S 317th Street? Do you have questions about finding other Single Family real estate for sale in Federal Way City Center? You can browse all Federal Way City Center real estate or contact a Coldwell Banker agent to request more information.

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