1812 S 308th Ct, Federal Way, WA 98003

Multifamily · Federal Way · Seattle-Bellevue metro, WA

Imagery suggests: single-family residential. AI estimate from public imagery. In recent public imagery (2026-06), the building appears well maintained. AI estimate from public imagery; may be outdated.

One of 255 reachable multifamily buildings in Federal Way. Larger than 65% of multifamily buildings in Federal Way (median 3,968 SF), derived from assessor records.

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Building size: 14,016 SF, King County Assessor
Lot size: 29,800 SF, King County Assessor
Year built: 1976, King County Assessor
Stories: 2, King County Assessor
Predominant use: Apts 16 Unit, King County Assessor
Units: 16, King County Assessor
Assessed value: $3,281,000, per the King County Assessor (not a market appraisal)
Assessed value per building SF: $234.09/SF, derived from assessor records
Lot coverage: 47%, derived from assessor records
Vintage: 1970s vintage
Zoning: RM1800, King County
County use code: Apartment
Construction (observed): wood frame, AI estimate from public imagery
Parking (observed): surface lot, AI estimate from public imagery
Frontage (observed): mid block, AI estimate from public imagery

Nearby comparable buildings

Same building type, by distance. Assessor facts only; not an opinion of value.

1811 S 308th Ct, Federal Way · 0 mi · 25,612 SF · built 1969 · assessed $218.45/SF
1651 S 308th St, Federal Way · 0.1 mi · 13,874 SF · built 1989 · assessed $284.49/SF
30823 18th Ave S, Federal Way · 0.1 mi · 48,382 SF · built 1992 · assessed $246.99/SF
1650 S 308th St, Federal Way · 0.1 mi · 37,900 SF · built 1962 · assessed $238.36/SF
1821 S 310th St, Federal Way · 0.1 mi · 11,180 SF · built 1963 · assessed $178.12/SF
1825 S 310th St, Federal Way · 0.1 mi · 6,328 SF · built 1962 · assessed $230.40/SF

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Sale history and market context

MakeMe Estimate: $3,200,708 (estimated market value), with a likely range of $2,841,228 to $3,651,117 (half of recent verified sales in this segment landed inside that range). Based on 667 verified arm's-length comparable sales (through 2026-05-29). Not an appraisal. How this estimate works. About $200K per unit at the midpoint (16 units).

Current ownership dates to 2007 (about 19 years) per recorded transfers.

2007-10-03: $1,760,000 from Private party to Treepointe Apartments LLC (part of a 2-parcel sale; price is the whole deal), rec. 20071031000317

1996-12-31: transfer from Private party to Private party (part of a 2-parcel sale; price is the whole deal), rec. 199701020595

1996-12-30: $350,000 from Private party to Private party (part of a 2-parcel sale; price is the whole deal), rec. 199701020596

Source: King County recorded sales extract; buyer and seller shown only when a company or organization. Individual names are withheld.

Value over time

Solid line: county appraised value per King County tax rolls. Shaded range: our modeled estimate for each year, built from recorded arm's-length sales in the building's segment; years without enough sales stay unmodeled. Dots: recorded arm's-length sales. Not an appraisal. How this estimate works.

Land, site, and value history

Assessed value moved from $1,184,000 (2011) to $3,281,000 (2026), up 177% over 15 years, per county tax rolls. The 2026 roll splits $3,281,000 into $491,700 land and $2,789,300 improvements.

Zoning: RM1800 (per King County)

Lot: 29,800 sq ft

Water: Water District (per King County)

Sewer: Public (per King County)

Access: Public

Street surface: Paved

Floor and use mix: Multiple Residence (Low Rise) 14,016 SF (county building sections)

County districts report (schools, fire, sewer, council; on kingcounty.gov)