31500 33rd Place SW Unit B102 Federal Way, WA 98023
Twin Lakes NeighborhoodEstimated payment $1,962/month
Highlights
- Fitness Center
- Clubhouse
- Secluded Lot
- Gated Community
- Property is near public transit
- Territorial View
About This Home
Welcome to the Madera West Community! This Twin Lakes condo is gated and tucked away in the heart of Federal Way. Bottom unit with an open layout with tons of natural light. Spacious living room with a wood burning fireplace. Kitchen has been completely redone with new cabinetry and new SS appliances. Washer and Dryer in unit! Great sized bedroom with walk-in closet. Covered balcony backs up to a tranquil greenbelt, perfect place to enjoy your morning coffee. Community amenities include a clubhouse with game & exercise rooms, a relaxing jacuzzi, outdoor pool with grilling area, tennis & pickleball courts, playground, and even a community garden. HOA dues cover W/S/G. New paint, new flooring, new kitchen, new tub and much more prior to list!
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2426736

Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,865
Year Built
- Built in 1990
HOA Fees
- $265 Monthly HOA Fees
Home Design
- Composition Roof
- Wood Siding
- Cement Board or Planked
- Wood Composite
Interior Spaces
- 730 Sq Ft Home
- 2-Story Property
- Wood Burning Fireplace
- Territorial Views
Kitchen
- Electric Oven or Range
- Stove
- Dishwasher
- Disposal
Flooring
- Carpet
- Vinyl Plank
Bedrooms and Bathrooms
- 1 Main Level Bedroom
- Walk-In Closet
- Bathroom on Main Level
- 1 Full Bathroom
Laundry
- Electric Dryer
- Washer
Parking
- 1 Parking Space
- Carport
Location
- Ground Level Unit
- Property is near public transit
- Property is near a bus stop
Utilities
- Baseboard Heating
- Heating System Mounted To A Wall or Window
- Water Heater
Additional Features
- Balcony
- East Facing Home
Listing and Financial Details
- Down Payment Assistance Available
- Visit Down Payment Resource Website
- Assessor Parcel Number 5007900100
Community Details
Overview
- Association fees include common area maintenance, lawn service, road maintenance, sewer, trash, water
- 172 Units
- Brandy Martin Association
- Secondary HOA Phone (866) 473-2573
- Madera West Condo
- Twin Lakes Subdivision
Amenities
- Community Garden
- Clubhouse
- Game Room
- Recreation Room
Recreation
- Sport Court
- Community Playground
- Fitness Center
- Community Pool
- Community Spa
Pet Policy
- Pet Restriction
- Dogs and Cats Allowed
Security
- Gated Community
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,865 | $245,000 | $32,900 | $212,100 |
2023 | $2,347 | $251,000 | $22,900 | $228,100 |
2022 | $2,250 | $234,000 | $21,500 | $212,500 |
2021 | $2,044 | $195,000 | $20,000 | $175,000 |
2020 | $1,907 | $166,000 | $20,000 | $146,000 |
2018 | $1,517 | $118,000 | $11,400 | $106,600 |
2017 | $1,263 | $103,000 | $11,400 | $91,600 |
2016 | $1,198 | $85,000 | $11,400 | $73,600 |
2015 | $971 | $77,000 | $11,400 | $65,600 |
2014 | -- | $63,000 | $11,400 | $51,600 |
2013 | -- | $47,000 | $11,400 | $35,600 |
Property History
Date | Event | Price | List to Sale | Price per Sq Ft |
---|---|---|---|---|
09/15/2025 09/15/25 | Price Changed | $275,000 | -3.5% | $377 / Sq Ft |
08/28/2025 08/28/25 | For Sale | $285,000 | -- | $390 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $135,950 | First American |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Closed | $27,190 | Stand Alone Second | |
Open | $108,750 | New Conventional |
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2426736

APN: 500790-0100
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