34005 1st Circle S, Federal Way, WA 98003

Federal Way
Local realty services provided by:Better Homes and Gardens Real Estate Gary Mann Realty
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...

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Home facts

  • Year built:1979
  • Subdivision & Development:Panther Lake
  • Listing ID #:2593882
  • Updated:October 14, 2026 at 05:02 PM

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
MLS LogoListings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of October 14, 2026. 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 for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2026 MLS GRID. All Rights Reserved.

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