34005 1st Circle S, Federal Way, WA 98003
Local realty services provided by:Imagine Realty ERA Powered
Listed by: leo zhuk
Office: better properties n. proctor
MLS#:2593882
Source:NWMLS
34005 1st Circle S,Federal Way, WA 98003
$959,500
- - Beds
- - Baths
- 4,036 sq. ft.
- Multi-family
- Active
Price summary
- Price:$959,500
- Price per sq. ft.:$237.74
- Monthly HOA dues:$678
About this home
Rarely available townhome-style 4-plex in the professionally managed Panther Lake community, offering some of the largest floor plans in the complex. Each two-level unit features 2 bedrooms, 1.5 baths, and approx 1,009 SF per builder/management. The main floor offers a living room with wood-burning fireplace, separate dining room, kitchen, half bath, and in-unit washer/dryer; upstairs are two bedrooms with double closets and a full bath. Two private decks per unit. Current rents $1,600-$1,850 with upside toward the $1,895 market rate for this plan. Four carport spaces plus additional parking. HOA dues cover water, sewer, garbage, exterior maintenance, and grounds, and tenants reimburse $158/month per unit for water/sewer/garbage plus pay their own electric. Required on-site management (5%) makes ownership hands-off for local or out-of-area investors. Owner-occupants may qualify for FHA/VA financing. Community playground and sport court. Minutes to I-5, Hwy 18, shopping, and the Federal Way light rail station. Priced below the most recent sale of an identical floor plan in the community. Seller intends to complete a 1031 exchange; buyer to cooperate at no cost or liability to buyer....
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Home facts
- Year built:1979
- Subdivision & Development:Panther Lake
- Listing ID #:2593882
- Updated:October 28, 2026 at 12:22 AM
Rooms and interior
- Flooring:Carpet, Vinyl Floor
- Living area:4,036 sq. ft.
Heating and cooling
- Heating:Baseboard
Structure and exterior
- Roof:Composition
- Year built:1979
- Building area:4,036 sq. ft.
- Lot area:0.24 Acres
- Lot Features:Curbed Lot, Paved, Sidewalk
- Construction Materials:Wood Exterior Finish, Wood Products Exterior Finish
- Exterior Features:Deck, Patio
Schools
- High school:Todd Beamer High
- Middle school:Illahee Jnr High
- Elementary school:Panther Lake Elem
Utilities
- Water:Public
- Sewer:Sewer Connected
Finances and disclosures
- Price:$959,500
- Price per sq. ft.:$237.74
- Tax amount:$10,346 (2026)
Features and amenities
- Amenities:Cable TV, High Speed Internet
Parking
- Total parking spaces:7
- Carport spaces:4
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