Listed by eXp Commercial, LLC
$299,000
PENDING $26K PRICE DROP

31500 33rd Place SW Unit A101 Federal Way, WA 98023

Twin Lakes Neighborhood

Estimated payment $2,305/month

Total Views 16,393
2 Beds
1 Bath
987 Sq Ft
$303 Price per Sq Ft

Highlights

  • Fitness Center
  • Clubhouse
  • Secluded Lot
  • Gated Community
  • Property is near public transit
  • End Unit

About This Home

Welcome to the Condominiums at Madeira West. Located in a gated neighborhood, this condo is minutes away from it all. This ground floor unit features 2 updated bedrooms & 1 bath. The living area connects to the dining & kitchen seamlessly. Primary room has a walk in closet & the bathroom features a double vanity with storage. Laundry space has room for a full size washer/dryer. Door to the patio leads to an outside storage closet & yard space. Just minutes to new Light Rail Station. Walkable to water views. Amenities feature a pool, hot tub, community garden, recreational center, athletic court & more. Comes with 2 assigned parking spaces. Low HOA dues include water, sewer, trash & common area maintenance. Priced below value, must go!

Listing Agent

Todd McAntosh

eXp Commercial, LLC License #21032903

eXp Commercial, LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2329539

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,518

Year Built

  • Built in 1990

Lot Details

  • End Unit

HOA Fees

  • $346 Monthly HOA Fees

Home Design

  • Composition Roof
  • Cement Board or Planked
  • Vinyl Construction Material

Interior Spaces

  • 987 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Insulated Windows

Kitchen

  • Electric Oven or Range
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Electric Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Carport
  • Uncovered Parking

Outdoor Features

  • Balcony
  • Patio

Location

  • Ground Level Unit
  • Property is near public transit

Utilities

  • Baseboard Heating
  • Heating System Mounted To A Wall or Window
  • Water Heater
  • High Speed Internet

Listing and Financial Details

Community Details

Overview

  • Association fees include common area maintenance, garbage, sewer, water
  • 172 Units
  • Madera West Condominium Association
  • Secondary HOA Phone (866) 473-2573
  • Madera West Condos
  • Federal Way Subdivision

Amenities

  • Community Garden
  • Clubhouse
  • Game Room
  • Recreation Room

Recreation

  • Sport Court
  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Dogs and Cats Allowed

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,518

Year Built

Built in 1990

Lot Details

0

HOA Fees

$346 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Year Built: 1990
  • Inclusions: Dishwasher(s),Microwave(s),Refrigerator(s),Stove(s)/Range(s)
  • MLS Status: Pending Inspection
  • Prev Status: Pending
  • Building Name: Madera West
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 987
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 6
  • UnitFeatures: Balcony/Deck/Patio,End Unit,Ground Floor,Insulated Windows
  • DetachedDwellingSqFtFinished: 0
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2329539?w=Consumer&agent=118259
  • Special Features: None
  • Cumulative Days on Market: 83

Interior Features

  • Fireplaces: 1
  • Appliances: Dishwasher(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s)
  • Full Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Balcony/Deck/Patio, Cooking-Electric, Dryer-Electric, Fireplace, Wall to Wall Carpet, Washer, Water Heater
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Stories: 2
  • Bathrooms: 1
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • FloorNumberOfUnit: 1
  • AppliancesIncluded: Dishwasher(s),Microwave(s),Refrigerator(s),Stove(s)/Range(s)

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Paved, Secluded, Sidewalk
  • View: No
  • Waterfront: No
  • Construction Type: Cement Plank, Metal/Vinyl
  • Exterior Features: Cement Planked, Metal/Vinyl
  • Structure Type: Multi Family
  • BusLineNearby: true
  • BusRouteNumber: 187

Garage/Parking

  • Carport Y N: Yes
  • Parking Features: Carport, Uncovered
  • Total Parking Spaces: 2
  • ParkingSpaceNumbers: 5, 117

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Wall Unit(s)
  • Heating Yn: Yes
  • ApplianceHookups: Cooking-Electric,Dryer-Electric,Washer
  • PowerCompany: Puget Sound Energy
  • SewerCompany: HOA
  • WaterCompany: HOA
  • WaterHeaterLocation: Patio Closet
  • WaterHeaterType: Electric
  • CableConnected: Xfinity
  • InternetConnected: Xfinity

Condo/Co-op/Association

  • Community Features: Athletic Court, Club House, Exercise Room, Game/Rec Rm, Garden Space, Gated, High Speed Int Avail, Hot Tub, Pool
  • Senior Community: No
  • Association Fee: 346
  • Association Fee Frequency: Monthly
  • Phone: 866-473-2573
  • Association: Yes
  • Pets Allowed: Cats OK, Dogs OK
  • Common Interest: Condominium
  • AssociationContactName: Madera West Condominium Association
  • CommonPropertyFeatures: Athletic Court,Clubhouse,Exercise Room,Game/Rec Rm,Garden Space,Gated Entry,High Speed Int Avail,Hot Tub,Pool-Outdoor

Fee Information

  • Association Fee Includes: Common Area Maintenance, Garbage, Sewer, Water

Schools

  • Junior High Dist: Federal Way
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 5007900010
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSSquareFootageSource: Public Records

Green Features

  • Efficiency: Insulated Windows
  • Power Production Type: Electric

Tax Info

  • Year: 2024
  • Tax Annual Amount: 3518

Multi Family

  • Number Of Units In Community: 172
  • EnergySource: Electric
  • UnitsInBuildingTotal: 8

MLS Schools

  • Elementary School: Buyer To Verify

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $3,565 $313,000 $43,000 $270,000
2023 $3,518 $320,000 $29,900 $290,100
2022 $2,678 $281,000 $28,000 $253,000
2021 $2,453 $234,000 $26,100 $207,900
2020 $2,315 $201,000 $26,100 $174,900
2018 $1,907 $148,000 $14,900 $133,100
2017 $1,598 $131,000 $14,900 $116,100
2016 $1,548 $109,000 $14,900 $94,100
2015 $1,241 $101,000 $14,900 $86,100
2014 -- $82,000 $14,900 $67,100
2013 -- $59,000 $14,900 $44,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2025 04/15/25 Pending -- -- --
02/27/2025 02/27/25 Price Changed $299,000 -3.5% $303 / Sq Ft
02/16/2025 02/16/25 Price Changed $310,000 -4.6% $314 / Sq Ft
02/05/2025 02/05/25 For Sale $325,000 +22.6% $329 / Sq Ft
08/26/2021 08/26/21 Sold $265,000 0.0% $268 / Sq Ft
07/23/2021 07/23/21 Pending -- -- --
07/15/2021 07/15/21 For Sale $265,000 +29.3% $268 / Sq Ft
02/28/2019 02/28/19 Sold $205,000 +2.5% $208 / Sq Ft
02/05/2019 02/05/19 Pending -- -- --
01/25/2019 01/25/19 For Sale $200,000 -- $203 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Deed History

Date Type Sale Price Title Company
Warranty Deed $265,000 Modus
Bargain Sale Deed $205,000 Ticor Title
Sheriffs Deed $117,500 None Available
Bargain Sale Deed -- None Available
Correction Deed -- None Available
Sheriffs Deed $117,500 None Available
Bargain Sale Deed $1,000 None Available
Bargain Sale Deed $1,000 None Available
Sheriffs Deed $16,519 None Available
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- --
Warranty Deed $167,450 First American
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $175,000 VA
Previous Owner $197,145 New Conventional
Previous Owner $191,000 New Conventional
Previous Owner $94,000 Commercial
Previous Owner $51,300 Credit Line Revolving
Previous Owner $133,950 New Conventional
Previous Owner $33,500 Credit Line Revolving
Source: Public Records

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2329539

Northwest Multiple Listing Service (NWMLS)

APN: 500790-0010