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Listing Firm: COMPASS: Rich Whitehill

Bought With: eXp Realty : Vibhu Passi

SOLD On January 22, 2024
NWMLS # 2170515

$785,500

  • Sold Price

34013 1st Circle S, Federal Way, WA 98003

Listings with the three tree icon are courtesy of NWMLS

About This Property

Federal Way Four Plex: 4 1BR units, with fireplace, washer/dryer, galley kitchen, deck and parking. The Panther Lake complex is a collection of 4 plex units all run by the Panther Lake HOA and property management. Great rental income, the vacancy rate is very low, management fee is only 5% and the HOA takes care of the grounds, utility and general maintenance. Freshly painted exterior, 50 year roof. Unit A totally renovated from studs out! All units filled with contented tenants. The charm is that each unit looks out over the woods towards the lake. Cool shade! Great location with easy access. Profit and loss statement available! Photos available of the new unit.

Buyer's Agent: Vibhu Passi • eXp Realty

Listed by: Rich Whitehill • COMPASS

Aris360 Last Checked: 1 Minute Ago (Jun 07, 2025 04:27 PM)

  • Source: NWMLS as Distributed by MLS Grid #2170515

    Listing provided courtesy of Northwest Multiple Listing Service (NWMLS)

Location

  • Country: US
  • Neighborhood: 1st
  • Zip/Postal Code: 98003
  • City: Federal Way

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$3,847 per month
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Property Features

  • County
    • Panther Lake
  • Community
    • 110 - Dash Point/Federal Way
  • MLS Area
    • 110 - Dash Point/Federal Way
  • Longitude
    • -122.335787
  • Latitude
    • 47.296982
  • Directions
    • HWY 18 exit west to 1st Way S and 342nd. Turn Left on 1st past Property Management Office

  • Interior
    • Wall to Wall Carpet
    • Laminate
  • Floors
    • Laminate
    • Vinyl
    • Carpet
  • Power Production Type
    • Electric

  • Stories
    • 2
  • Style
    • 54 - 4-Plex
  • Parking Spaces
    • 6
  • Lot Description
    • Adjacent to Public Land,
    • Paved,
    • Secluded,
  • Foundation
    • Poured Concrete,
    • Slab,
  • Elevation
    • Feet
  • Water Source
    • Public,
  • Exterior
    • Wood
  • Roof
    • Composition,
  • Septic or Sewer
    • Sewer Connected,
  • Condition
    • Good,
  • Water
    • Federal Way
  • Building Total Area (Sq. Ft.)
    • 10890
  • Has View
    • Yes
  • Energy Features
    • Thermal Windows,
  • View Description
    • Territorial,

  • High School District
    • Federal Way
  • Jr. High School
    • Buyer To Verify
  • Elementary School
    • Buyer To Verify
  • High School
    • Buyer To Verify

  • Possession
    • Closing,
  • Association Fee
    • 678
  • Property Type
    • Residential Income
  • Association Fee Frequency
    • Monthly
  • Property SubType
    • Multi-Family
  • Tax Year
    • 2022
  • Structure Type
    • Condominium,
  • Tax Amount
    • $7535
  • Year Built
    • 1979
  • Status
    • Sold

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Disclaimer: Based on information submitted to the MLS GRID as of Sat Jun 07 2025 . 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.

Jun 07, 2025 04:27 PM