29421 Pacific Hwy S, Federal Way, WA 98003

Multifamily · Federal Way · Seattle-Bellevue metro, WA

One of 255 reachable multifamily buildings in Federal Way. Larger than 77% of multifamily buildings in Federal Way (median 3,968 SF), derived from assessor records.

Own this building?

Claim privately

Claiming is for you. Your mailing address is never shown; no offer reaches you unless you opt in.

Claimed owners can confirm facts, watch the estimate, and decide whether to reply.

Claim or manage this building

Building size: 57,492 SF, King County Assessor
Lot size: 128,386 SF, King County Assessor
Year built: 1986, King County Assessor
Stories: 3, King County Assessor
Predominant use: The View At Redondo Apts, King County Assessor
Units: 78, King County Assessor
Assessed value: $14,629,000, per the King County Assessor (not a market appraisal)
Assessed value per building SF: $254.45/SF, derived from assessor records
Lot coverage: 45%, derived from assessor records
Vintage: 1980s vintage
Zoning: RM1800, King County
County use code: Apartment

Nearby comparable buildings

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

29404 Pacific Hwy S, Federal Way · 0.1 mi · 51,273 SF · built 2016 · assessed $202.89/SF
29325 18th Ave S, Federal Way · 0.1 mi · 3,968 SF · built 1995 · assessed $250.25/SF
29505 21st Ave S, Federal Way · 0.2 mi · 13,880 SF · built 1969 · assessed $229.18/SF
29417 21st Pl S, Federal Way · 0.3 mi · 50,272 SF · built 1969 · assessed $182.13/SF
29510 21st Pl S, Federal Way · 0.3 mi · 26,800 SF · built 1969 · assessed $220.34/SF
28707 Pacific Hwy S, Federal Way · 0.4 mi · 1,558 SF · built 1975 · assessed $350/SF

Want to talk to the owner? makeme1031 delivers a private, principal-to-principal letter to the owner of record. We never publish the owner's identity or address.

Sale history and market context

MakeMe Estimate: $15,049,306 (estimated market value), with a likely range of $13,746,102 to $15,531,007 (half of recent verified sales in this segment landed inside that range). Based on 98 verified arm's-length comparable sales (through 2026-05-29). Not an appraisal. How this estimate works. About $193K per unit at the midpoint (78 units).

Last sold: 2015-05-11 for $7,534,400 (recorded arm's-length sale).

Current ownership dates to 2015 (about 11 years) per recorded transfers.

2015-05-11: $7,534,400 from Pathfinder Redondo View Holdings LLC to Redondo Terrace LLC, rec. 20150511001892

2012-03-15: $5,100,000 from Lmrec Reo III INC to Pathfinder Redondo View Holdings LLC, rec. 20120315001652

2008-10-01: transfer from Private party to Lmrec Reo III INC (non-market transfer), rec. 20081003001358

2005-06-23: $4,311,000 from GFS Redondo LLC to Atherton-Newport Redondo LLC, rec. 20050623000922

2002-05-17: transfer from Private party to GFS Redondo LLC (non-market transfer), rec. 20020517002951

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 $4,546,000 (2011) to $14,629,000 (2026), up 222% over 15 years, per county tax rolls. The 2026 roll splits $14,629,000 into $2,118,300 land and $12,510,700 improvements.

Zoning: RM1800 (per King County)

Lot: 128,386 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) 57,492 SF (county building sections)

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