Listing provided courtesy of Real Broker LLCNWMLSas Distributed by MLSGrid- MLS# NWM2519255MLS Provider

507 S 321st Street Avenue S #4BFederal Way, WA 98003

Condo · 3 Beds · 1 Full Bath · 1,011 Sq. ft.
$314,950 Active

507 S 321st Street Avenue S #4B Overview

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Beautifully maintained and recently remodeled home nestled within a peaceful, park-like community surrounded by lush landscaping and mature greenery. This spacious 3-bedroom, 1-bath home offers an inviting layout with generous living space, abundant attached storage unit, and two reserved parking spaces for added convenience. The north-facing unit helps keep the home naturally cool and comfortable throughout the warmer months, while large windows bring in soft natural light. The kitchen features a gourmet sink, painted cabinets, and a functional workspace designed for everyday living. The patio provides a wonderful extension of the home, offering space to relax. The meticulously cared-for grounds create a welcoming atmosphere that feels more like a private retreat than condo living. Residents enjoy a strong sense of community with a pool and courts, responsive management, and a low-maintenance lifestyle in one of Federal Way’s most convenient locations. Just moments from everyday conveniences including Trader Joe's, Safeway, shopping, dining, and quick access to I-5 and Hwy 18, this location offers the perfect balance of serenity and accessibility. A rare opportunity to own a spacious and peaceful home in a community that truly stands out.

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507 S 321st Street Avenue S #4B Facts & Features

  • Type Condo
  • Sq. ft. 1,011
  • Price/Sq.ft. $312

Details

General

Association/HOA

  • Association Fee: $478.56
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Lawn Service, Road Maintenance, Sewer, Trash, Water

School Information

  • School District: Federal Way
  • Elementary School: Mirror Lake Elem
  • Middle Or Junior School: Sequoyah Mid Sch
  • High School: Todd Beamer High

Building Information

  • Building Name: Campus Green
  • New Construction: No
  • Year Built: 1979

Location/Region

  • Country: US
  • County Or Parish: King
  • MLS Area Major: 110 - Dash Point/Federal Way
  • Subdivision Name: Federal Way

Community/Development

  • Common Property Features: Athletic Court,Clubhouse,Pool-Outdoor
  • Community Features: Athletic Court, Club House, Pool
  • Number Of Units In Community: 40

Tax Information

  • Tax Annual Amount: $3,404.00
  • Tax Year: 2025

General Information

  • Inclusions: Dishwasher(s), Dryer(s), Garbage Disposal, Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Listing Terms: Conventional, FHA, VA Loan
  • Parcel Number: 132150014000
  • Pets Allowed: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Senior Community: No
  • Special Listing Conditions: None

Interior

Beds/Baths

  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms Three Quarter: 0
  • Bathrooms Total: 1
  • Bedrooms Total: 3
  • Bedrooms Lower: 0
  • Bedrooms Upper: 0

Building Interior

  • Appliance Hookups: Cooking-Electric,Dryer-Electric,Ice Maker,Washer
  • Appliances Included: Dishwasher(s), Dryer(s), Garbage Disposal, Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Building Area Total: 1011
  • Building Area Units: Square Feet
  • Calculated Square Footage: 1011
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Unit Features: Balcony/Deck/Patio,End Unit,Ground Floor,Walk-in Closet

General Information

  • Appliances: Dishwasher, Disposal, Dryer, Refrigerator, Stove(s)/Range(s), Washer
  • Cooling: Yes
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Laminate
  • Heating: Yes
  • Interior Features: Cooking-Electric, Dryer-Electric, End Unit, Ground Floor, Ice Maker, Walk-In Closet(s), Washer, Water Heater
  • Laundry Features: Electric Dryer Hookup,Washer Hookup
  • Levels: One
  • Living Area: 0
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Power Production Type: Electric
  • Stories Total: 1

Unit Information

  • Unit Number: 4B

Exterior

Parking Information

  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: Uncovered
  • Parking Total: 0

Lot Information

  • Irrigation Water Rights: No
  • Lot Features: Paved, Sidewalk
  • Lot Size Acres: 0
  • Lot Size Square Feet: 0
  • Lot Size Units: Square Feet
  • Elevation Units: Feet

Waterfront/View

  • View: No
  • Waterfront: No

Building Exterior/Construction

  • Direction Faces: North
  • Roof: Composition
  • Structure Type: Condominium

General Information

  • Carport: No
  • Exterior Features: Wood Products

Room Information

Room: Bathroom Full

  • Level: Main

Room: Bedroom

  • Level: Main

Room: Bedroom

  • Level: Main

Room: Bedroom

  • Level: Main

Room: Kitchen With Eating Space

  • Level: Main

Room: Living Room

  • Level: Main

Room: Primary Bedroom

  • Level: Main

Room: Utility Room

  • Level: Main

507 S 321st Street Avenue S #4B Neighborhood

Community

98003 (Federal Way) Demographics

35
Median Age
4,212
Population Density (per sq. mile)
37%
College Educated
$59,560
Estimated Median Income
8,722
Estimated Total Home Owners
9,793
Estimated Total Renters
47% / 53%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

507 S 321st Street Avenue S #4B Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

507 S 321st Street Avenue S #4B Market Data

Based on the last 30 days in this zip code

$505,390
Average List Price
$301
Average Price per Square Foot
39
Properties Sold
83
Average Days on Market
166
Properties for Sale
Calculations provided by Reliance Network

507 S 321st Street Avenue S #4B History

Date Event Value Agent
6/12/2026Source: NWMLS Price Reduction
$314,950 -1.6%
6/1/2026Source: NWMLS Status Change
Active
5/20/2026Source: NWMLS Status Change
Pending Inspection
5/20/2026Source: NWMLS Price Reduction
$319,950 -3.0%
5/6/2026Source: NWMLS Added to Database
May 06, 2026