For Sale
Condo for sale at 1040 S 320th Street #5, Federal Way, WA 98003 | MLS# NWM2521262 | Listing updated on 2026-10-01
Photo 1 of Condo for sale at 1040 S 320th Street #5, Federal Way, WA 98003 | MLS# NWM2521262 | Listing updated on 2026-10-01
Photo 2 of Condo for sale at 1040 S 320th Street #5, Federal Way, WA 98003 | MLS# NWM2521262 | Listing updated on 2026-10-01
Photo 3 of Condo for sale at 1040 S 320th Street #5, Federal Way, WA 98003 | MLS# NWM2521262 | Listing updated on 2026-10-01
Photo 4 of Condo for sale at 1040 S 320th Street #5, Federal Way, WA 98003 | MLS# NWM2521262 | Listing updated on 2026-10-01
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Listed by: Dan Benz (206) 261-7653 | NextHome South Sound (253) 292-1132

$299,950

Monthly Est:$1,493

  • Beds Icon2 Beds
  • Beds Icon
    2 Baths
  • Beds Icon1,088sqft

1040 S 320th Street #5, Federal Way, WA 98003

$1,493/moEst:

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  • Condominium

  • Built in 1978

  • $475/mo HOA

  • -- sqft lot

  • $276/sq.ft

Description

Welcome home to the gated Trinidad South community in the heart of Federal Way - where comfort, convenience, and location truly come together! This townhome-style condo lives more like a single-family home with a bright, open-concept main floor, spacious great room, and cozy gas fireplace, making it perfect for everyday living and entertaining. Major updates are already done for you: newer deck, windows, slider, and washer & dryer (all just 2 years old). The primary bathroom has been beautifully remodeled, and all appliances stay - this home is totally move-in ready! Step outside to relax on your private deck or enjoy being just minutes from literally everything. You’re close to all kinds of shopping, dining, and entertainment at The Commons at Federal Way, everyday essentials at nearby Costco, Target, Home Depot, Trader Joe's, plus countless restaurants, coffee shops, and many other services nearby. Commuters will definitely love the easy access to the Federal Way Transit Center and Link Light Rail, connecting you to Seattle, Tacoma, and beyond. Low-maintenance living, smart updates, and a location that puts everything within reach. Primary bedroom has been freshly painted. Priced to sell!

  • Houzeo last checked: 11 hours ago
  • Listing updated: October 1, 2026 at 2:31 am
  • Source: Northwest Multiple Listing Service | MLS#: NWM2521262 Northwest Multiple Listing Service

Property Details

  • Status

    Active

  • Type

    Condominium

  • No. of Stories

    2

  • County

    King County

  • City

    Federal Way

  • Neighborhood

    --

  • Year Built

    1978

  • HOA Fees

    $475/mo

  • Finished Area

    1,088 sqft

  • Lot Size

    -- sqft lot

  • Basement Area

    - sqft

  • MLS Name

    Northwest Multiple Listing Service

  • MLS Number

    NWM2521262

  • MLS Status

    Active

  • Days on Market

    141

  • Cumulative Days on Market

    140

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Location

HOA Management

N/A

HOA Fees

$475/ Monthly

Amenities

Amenities and services may be covered by one or multiple associations and service providers.

Trash Pickup Trash Pickup

Water Water

Gas Gas

Sewer Sewer

Common Area Maintenance Common Area Maintenance

Disclaimer: Amenities are based on third-party information and may vary; buyers must independently verify all amenities, as information is deemed reliable but not guaranteed.

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 2

    Bathrooms: 2

  • Kitchen Without Eating Space

    Level: Main

  • Living Room

    Level: Main

  • Primary Bedroom

    Level: Second

  • Utility Room

    Level: Main

  • Bedroom

    Level: Second

  • Bathroom Half

    Level: Main

  • Bathroom Full

    Level: Second

Interior

  • Flooring

    Laminate, Vinyl, Carpet

  • Appliances

    Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove(s)/range(s), Washer

  • Exterior Features

    Metal/vinyl

  • Interior Features

    Cooking Electric, Dryer Electric, Fireplace, Ground Floor, Washer, Water Heater

  • Heating

    Baseboard

  • Cooling

    None

Construction

  • Year Built

    Year Built: 1978

  • Home type

    Condominium

  • Roof

    Composition

  • Construction Materials

    Metal/vinyl

Utilities & Energy

  • Parking Features

    Carport

  • Laundry Features

    Electric Dryer Hookup, Washer Hookup

  • Security Features

    Security Gate

  • Fireplace Features

    Gas

Other Features

  • Lot Features

    Paved, Sidewalk

  • Subdivision Name

    Mirror Lake

  • Community Features

    Cable Tv, Gated, High Speed Int Avail, Outside Entry

Price History

DateEventPrice

05/13/2026

Source: mls_logoNorthwest Multiple Listing Service #NWM2521262

Listed for Sale

$299,950 -5.53%

$276/sqft

05/13/2026

Source: mls_logoNorthwest Multiple Listing Service #NWM2521262

Price Increased

$317,500 +5.85%

$292/sqft

05/13/2026

Source: mls_logoNorthwest Multiple Listing Service #NWM2521262

Price Increased

$299,950 +29.88%

$276/sqft

08/06/2019

Source: mls_logoNorthwest Multiple Listing Service #NWM1475385

Price Increased

$230,950 +124.22%

$212/sqft

10/18/2013

Source: mls_logoNorthwest Multiple Listing Service #NWM515361

Price Decreased

$103,000 -28.22%

$95/sqft

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Nearby Homes

Based on information submitted to the MLS GRID by Northwest Multiple Listing Service as of Oct 01, 2026, 02:47PM. 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.


IDX information is provided exclusively for consumers’ personal, noncommercial use; it may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing, that the data is deemed reliable, but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any and as amended from time to time. © 2025 Northwest Multiple Listing Service. All Rights Reserved.

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