NOT LISTED FOR SALE

31500 33rd Place SW Unit A102 Federal Way, WA 98023

Twin Lakes Neighborhood

Estimated Value: $313,000 - $322,000

2 Beds
1 Bath
1,014 Sq Ft
29 Acres

Last Sold September 30, 2021

Last sale price $275,000 $271 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,036/month

5 Days on Market

Highlights

  • Territorial View
  • Slate Flooring
  • Dogs and Cats Allowed
  • 1 Fireplace

About This Home

As of September 2021

Located in the very desirable gated community of Madera West, this light and bright ground floor, two bedroom, one bath condo features a designer color scheme throughout, slate entry, laminate flooring in the living room, dining room and hall, a cozy wood burning fireplace, kitchen with eating bar, and a slider that opens up to a private greenbelt! Both bedrooms have walk-in closets! Outside storage on patio! Full size washer and dryer provided! Carport plus an extra parking space too! Enjoy the seasonal pool, exercise room, sports court, play area and the new Community Garden space available on a first come, first served basis. Close to schools, shopping and bus-line! Quiet and peaceful! This is a real gem!

Last Agent to Sell the Property

Teresa Warner

Agilon Properties LLC License #17986 Listed on: 08/19/2021

Last Buyer's Agent

Desiree Ferguson

Marketplace Sotheby's Intl Rty License #21005051

Marketplace Sotheby's Intl Rty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1825823

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,472

Year Built

  • Built in 1990

Lot Details

  • 29

Home Design

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

Interior Spaces

  • 1 Fireplace
  • Blinds
  • Territorial Views

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Slate Flooring
  • Vinyl

Laundry

  • Dryer
  • Washer

Parking

  • Carport
  • Uncovered Parking

Listing and Financial Details

  • Assessor Parcel Number 5007900020

Community Details

Overview

  • Federal Way Community

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,472

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 30 - Condo (1 Level)
  • Entrance Level: Main
  • Unit Floor Number: 1
  • Year Built: 1990
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Slate, Vinyl, Wall To Wall Carpet
  • Appliance Hookups: Cooking-Electric, Dryer-Electric, Washer
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 1.00
  • Total Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Master Bedroom: Main
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Dining Room: Main
  • Kitchen: Main
  • Living Room: Main
  • Estimated Sq Ft: 1014
  • Window Coverings: Blinds

Exterior Features

  • Exterior: Cement Planked, Metal/Vinyl
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Numberof Assigned Spaces: 2
  • Parking Type: Carport, Uncovered
  • Parking Space Number: 6 and 116

Utilities

  • Heating And Cooling: Baseboard, Wall
  • Water Heater: Storage room on patio-Electric

Condo/Co-op/Association

  • Numberof Units In Complex: 172
  • HOA Fees: 322
  • Community Name: Federal Way
  • Project: Madera West
  • Cats And Dogs: Cats Only, Dogs Only
  • Manager Contact Information: Real Manage (866) 473-2573
  • Association Contact: Real Manage (866) 473-2573
  • Common Property Features: Aa, Ab, Ac, Athletic Court, Club House, Exercise Room, Hot Tub, Pool-Outdoor
  • Home Owner Dues Included: Garbage, Water/Sewer, Road Maintenance, Common Area Maintenance, Lawn Service
  • Unit Features: Balcony/Deck/Patio, Ground Floor, Insulated Windows

Schools

  • School District: FED

Lot Info

  • Lot Details: Curbs, Paved Street, Sidewalk
  • Parcel Number: 5007900020

Tax Info

  • Tax Amount: 2453

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2021
Closed on
Sep 16, 2021
Sold by
Haakanson Lee A and Elliot Lee A
Bought by
Martin Michael Rio M and Martin Jubie
Seller's Agent
Teresa Warner
Agilon Properties LLC
Buyer's Agent
Desiree Ferguson
Marketplace Sotheby's Intl Rty
List Price
$275,000
Sold Price
$275,000
Current Estimated Value
$316,349

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,349
Avg. Annual Appreciation
5.10%
Original Mortgage
$262,250
Outstanding Balance
$242,240
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$89,832

Purchase Details

Closed on
Mar 26, 2007
Sold by
Shmorgun Yuriy and Shmorgun Yelena
Bought by
Elliott Lee A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 15, 2005
Sold by
Madera West Llc
Bought by
Shmorgun Yuriy M and Shmorgun Yelena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,700
Interest Rate
5.72%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Martin Michael Rio M $275,000 Ticor Title
Elliott Lee A $205,000 Rainier Title
Shmorgun Yuriy M $166,950 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Michael Rio M $262,250
Previous Owner Elliott Lee A $152,100
Previous Owner Elliott Lee A $164,000
Previous Owner Shmorgun Yuriy M $16,700
Previous Owner Shmorgun Yuriy M $133,550
Previous Owner Shmorgun Yuriy M $16,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2021 09/30/21 Sold $275,000 0.0% $271 / Sq Ft
08/24/2021 08/24/21 Pending -- -- --
08/19/2021 08/19/21 For Sale $275,000 -- $271 / 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 $3,472 $302,000 $43,700 $258,300
2023 $2,785 $301,000 $30,400 $270,600
2022 $2,667 $280,000 $28,500 $251,500
2021 $2,453 $233,000 $26,600 $206,400
2020 $2,304 $201,000 $26,600 $174,400
2018 $1,907 $148,000 $15,200 $132,800
2017 $1,598 $131,000 $15,200 $115,800
2016 $1,533 $109,000 $15,200 $93,800
2015 $1,227 $100,000 $15,200 $84,800
2014 -- $81,000 $15,200 $65,800
2013 -- $58,000 $15,200 $42,800
Source: Public Records

Agents Affiliated with this Home

  • Teresa Warner

    Seller's Agent in 2021

    Teresa Warner

    Agilon Properties LLC

    (253) 229-4259

    5 in this area

    14 Total Sales

    Teresa Warner
    Section Image
  • Desiree Ferguson

    Buyer's Agent in 2021

    Desiree Ferguson

    Marketplace Sothebys International Realty

    (206) 718-3639

    1 in this area

    32 Total Sales

    Desiree Ferguson
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1825823

Northwest Multiple Listing Service (NWMLS)

APN: 500790-0020

Washington King County Federal Way 98023 Twin Lakes

31500 33rd Place SW Unit A102, Federal Way, WA

This home is located at 31500 33rd Place SW Unit A102, Federal Way, WA 98023 since 19 August 2021 and is currently estimated at $316,349, approximately $311 per square foot. This property was built in 1990. 31500 33rd Place SW Unit A102 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) 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. 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. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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