NOT LISTED FOR SALE

31306 43rd Place SW Federal Way, WA 98023

Twin Lakes Neighborhood

Estimated Value: $886,833 - $926,000

3 Beds
2.5 Baths
2,600 Sq Ft
$351/Sq Ft Est. Value

Last Sold March 16, 2022

Last sale price $880,000 $338 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $5,649/month

4 Days on Market

Highlights

  • Property is near public transit
  • 1 Fireplace
  • Cul-De-Sac
  • Vaulted Ceiling
  • Walk-In Pantry
  • 2 Car Attached Garage

About This Home

As of March 2022

Beautiful home on an excellent lot in a very nice Dumas Bay community. This home is like new but better with all the extras already included. This desirable floor plan features a well-used great room concept that boosts a combined living, dining & chef's kitchen, large open bar, quartz counters, gas cook top, gas fireplace, hardwood floors, 8' interior doors, 9'ceilings on both floors, tank-less hot water & AC. Upstairs you find 3 bedrooms including a deluxe primary suite with walk-in closet, large bathroom & spacious loft area. You will enjoy the lovely outdoor spaces sitting on an oversized lot with a long driveway, fully fenced backyard, covered rear patio, sprinkler system, front & backyard and the amazing location.

Last Agent to Sell the Property

Kathy Callahan

Windermere RE South Sound, Inc License #71879 Listed on: 02/02/2022

Windermere RE South Sound, Inc

Last Buyer's Agent

Niels Hvidtfeldt

John L. Scott, Inc. License #132342

John L. Scott, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1884230

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,907

Year Built

  • Built in 2018

Lot Details

  • 10,188 Sq Ft Lot
  • Cul-De-Sac
  • Property is Fully Fenced
  • Level Lot
  • Sprinkler System
  • Garden
  • Property is in very good condition

HOA Fees

  • $115 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 2,600 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • 1 Fireplace
  • Dining Room
  • Storm Windows

Kitchen

  • Walk-In Pantry
  • Oven or Range
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Schools

  • Twin Lakes Elementary School
  • Lakota Mid Sch Middle School
  • Decatur High School

Utilities

  • Heat Pump System
  • Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Patio
  • Property is near public transit

Community Details

  • Trestle Community Management Association
  • Secondary HOA Phone (425) 454-6404
  • Built by Quadrant
  • Dash Point Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 7876300020

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,907

Year Built

Built in 2018

Lot Details

0

HOA Fees

$115 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 12 - 2 Story
  • Year Built: 2018
  • Inclusions: Dishwasher,Microwave,StoveRange
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Soundview Manor
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 2600
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • Special Features: VirtualTour
  • Cumulative Days on Market: 1,184

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Appliances: Dishwasher, Microwave, Stove/Range
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Laminate, Carpet
  • Interior Amenities: High Efficiency - 90%+, Heat Pump, Ceramic Tile, Laminate, Wall to Wall Carpet, Bath Off Primary, Double Pane/Storm Window, Dining Room, Vaulted Ceiling(s), Walk-In Closet(s), Walk-In Pantry, Water Heater
  • Living Area: 2600
  • Bathrooms: 2.5
  • BathsFullMain: 0
  • FireplacesMain: 1
  • SquareFootageFinished: 2600
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 2
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 3
  • AppliancesIncluded: Dishwasher,Microwave,Stove/Range

Exterior Features

  • Roof: Composition
  • Lot Features: Cul-De-Sac, Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Builder Name: Quadrant
  • Exterior Features: Cement Planked
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: House
  • BusLineNearby: true

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage
  • Total Parking Spaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electricity Available, Natural Gas Connected, Common Area Maintenance
  • HeatingCoolingType: 90%+ High Efficiency,Heat Pump
  • PowerCompany: PSE
  • SewerCompany: Lakehaven
  • WaterCompany: Tacoma
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Tankless
  • CableConnected: Xfinity

Condo/Co-op/Association

  • Community Features: CCRs
  • Senior Community: No
  • Association Fee: 115
  • Association Fee Frequency: Monthly
  • Phone: 425-454-6404
  • Association: Yes
  • AssociationContactName: Trestle Community Management

Schools

  • Junior High Dist: Federal Way
  • High School: Decatur High
  • Middle Or Junior School: Lakota Mid Sch

Lot Info

  • Parcel Number: 7876300020
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 0.2339
  • Lot Size Sq Ft: 10188
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Fully,High Speed Internet,Patio,Sprinkler System
  • MLSLotSizeSource: Public Record
  • MLSSquareFootageSource: Public Record

Green Features

  • Efficiency: High Efficiency - 90%+
  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • ShortTermRentalYN: false

Tax Info

  • Year: 2021
  • Tax Annual Amount: 6907

Multi Family

  • EnergySource: Electric,Natural Gas

MLS Schools

  • Elementary School: Twin Lakes Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2022
Closed on
Mar 4, 2022
Sold by
Michael Rizzo
Bought by
Evergreen-Rainier Llc
Seller's Agent
Kathy Callahan
Windermere RE South Sound, Inc
Buyer's Agent
Niels Hvidtfeldt
John L. Scott, Inc.
List Price
$795,000
Sold Price
$880,000
Premium/Discount to List
$85,000
10.69%
Total Days on Market
4
Current Estimated Value
$912,958

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,958
Avg. Annual Appreciation
1.14%

Purchase Details

Closed on
Apr 22, 2019
Sold by
The Quadrant Corporation
Bought by
Rizzo Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,000
Interest Rate
4.2%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Evergreen-Rainier Llc $880,000 Rainier Title Company
Rizzo Michael $585,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rizzo Michael $468,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2022 03/16/22 Sold $880,000 +10.7% $338 / Sq Ft
02/06/2022 02/06/22 Pending -- -- --
02/02/2022 02/02/22 For Sale $795,000 -- $306 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $8,260 $845,000 $330,000 $515,000
2023 $8,083 $765,000 $298,000 $467,000
2022 $7,918 $830,000 $271,000 $559,000
2021 $6,907 $706,000 $216,000 $490,000
2020 $6,572 $577,000 $198,000 $379,000
2018 -- $384,000 $158,000 $226,000
Source: Public Records

Agents Affiliated with this Home

  • Kathy Callahan

    Seller's Agent in 2022

    Kathy Callahan

    Windermere Real Estate / South Sound, Inc.

    (206) 793-4863

    8 in this area

    130 Total Sales

    Kathy Callahan
    Section Image

  • N

    Buyer's Agent in 2022

    Niels Hvidtfeldt

    John L Scott

    1 in this area

    4 Total Sales

    Niels Hvidtfeldt
    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1884230

Northwest Multiple Listing Service (NWMLS)

APN: 787630-0020

Washington King County Federal Way 98023 Twin Lakes

31306 43rd Place SW, Federal Way, WA

This home is located at 31306 43rd Place SW, Federal Way, WA 98023 since 02 February 2022 and is currently estimated at $912,958, approximately $351 per square foot. This property was built in 2018. 31306 43rd Place SW is a home located in King County with nearby schools including Twin Lakes Elementary School, Lakota Middle School, and Decatur High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. ©2025 NWMLS.

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