Listed by Better Properties N. Proctor, Bought with TAC Real Estate Group
$334,900
SOLD JUN 27, 2025

31500 33rd Place SW Unit E102 Federal Way, WA 98023

Twin Lakes Neighborhood
2 Beds
1 Bath
1,008 Sq Ft
$353/mo HOA Fee

Recently Sold

$332 Per Sq Ft

Highlights

  • Fitness Center
  • RV Parking in Community
  • Clubhouse
  • RV Access or Parking
  • Gated Community
  • Property is near public transit

About This Home

As of June 2025

Move-in ready 2-bedroom, 1-bath condo in the gated Madera West community. This ground-floor unit features an open-concept layout with a modern kitchen, spacious living and dining areas, and a private patio overlooking a serene greenbelt. Recent updates include new continuous vinyl plank flooring, fresh paint, and updated light fixtures. Conveniently located near shopping, transit, and just minutes from I-5—ideal for commuters. A great opportunity for downsizers, first-time buyers or investors! *Please note* If your GPS takes you to a locked gate go back to 30th Ave SW take a left & then take another left on SW 311th Place. Drive through the main gate of Madera West.

Last Agent to Sell the Property

Lawrence Huffines

Better Properties N. Proctor License #20115066 Listed on: 03/28/2025

Better Properties N. Proctor

Last Buyer's Agent

Jaimonica Johnson

TAC Real Estate Group License #20112563

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2351856

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,462

Year Built

  • Built in 1990

HOA Fees

  • $353 Monthly HOA Fees

Home Design

  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 1,008 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Insulated Windows

Kitchen

  • Electric Oven or Range
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Ceramic Tile
  • Vinyl Plank

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Carport
  • RV Access or Parking

Location

  • Ground Level Unit
  • Property is near public transit
  • Property is near a bus stop

Utilities

  • Baseboard Heating
  • High Speed Internet

Additional Features

  • Balcony
  • East Facing Home

Listing and Financial Details

Community Details

Overview

  • Association fees include common area maintenance, lawn service, road maintenance, sewer, snow removal, trash, water
  • 187 Units
  • Amy Knepp Real Manage Association
  • Secondary HOA Phone (866) 473-2573
  • Madera West Condos
  • Twin Lakes Subdivision
  • RV Parking in Community

Amenities

  • Community Garden
  • Clubhouse
  • Game Room
  • Recreation Room

Recreation

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

Pet Policy

  • Dogs and Cats Allowed

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,462

Year Built

Built in 1990

Lot Details

0

HOA Fees

$353 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Year Built: 1990
  • Inclusions: Dishwasher(s),Dryer(s),Garbage Disposal,Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Madera West
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1008
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 1
  • UnitFeatures: Balcony/Deck/Patio,Ground Floor,Insulated Windows,Walk-in Closet
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2351856?w=Consumer&agent=131366
  • Special Features: VirtualTour

Interior Features

  • Fireplaces: 1
  • Appliances: Dishwasher(s), Disposal, Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Full Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Vinyl Plank
  • Interior Amenities: Cooking-Electric, Fireplace, Ground Floor, Insulated Windows, Walk-In Closet(s)
  • 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),Dryer(s),Garbage Disposal,Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • StorageLocation: Patio
  • NWM_NumberOfBathtubs: 1

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Construction Type: Cement Plank
  • Direction Faces: East
  • Exterior Features: Cement Planked
  • Structure Type: Multi Family
  • BusLineNearby: true
  • BusRouteNumber: Route 187

Garage/Parking

  • Carport Y N: Yes
  • Parking Features: Carport, RV Parking
  • Total Parking Spaces: 1

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • ApplianceHookups: Cooking-Electric
  • PowerCompany: Puget Sound Energy

Condo/Co-op/Association

  • Community Features: Athletic Court, Club House, Exercise Room, Game/Rec Rm, Garden Space, Gated, High Speed Int Avail, Hot Tub, Playground, Pool, RV Parking
  • Senior Community: No
  • Association Fee: 353
  • Association Fee Frequency: Monthly
  • Phone: 866-473-2573
  • Association: Yes
  • Pets Allowed: Cats OK, Dogs OK
  • AssociationContactName: Amy Knepp- Real Manage
  • CommonPropertyFeatures: Athletic Court,Clubhouse,Exercise Room,Game/Rec Rm,Garden Space,Gated Entry,High Speed Int Avail,Hot Tub,Playground,Pool-Outdoor,RV Parking

Fee Information

  • Association Fee Includes: Common Area Maintenance, Lawn Service, Road Maintenance, Sewer, Snow Removal, Trash, Water

Schools

  • Junior High Dist: Federal Way

Lot Info

  • Parcel Number: 5007900340
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSSquareFootageSource: Public Records

Green Features

  • Efficiency: Insulated Windows
  • Power Production Type: Electric, Wood

Tax Info

  • Year: 2025
  • Tax Annual Amount: 3462

Multi Family

  • Number Of Units In Community: 187
  • EnergySource: Electric,Wood
  • UnitsInBuildingTotal: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 4, 2006
Sold by
Madera West Llc
Bought by
Fassler Thomas D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,190
Outstanding Balance
$12,561
Interest Rate
6.41%
Mortgage Type
Credit Line Revolving
Estimated Equity
$311,966
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $160,950 Commonwealth L
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $32,190 Credit Line Revolving
Open $128,760 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2025 06/27/25 Sold $334,900 +3.1% $332 / Sq Ft
05/31/2025 05/31/25 Pending -- -- --
05/16/2025 05/16/25 Price Changed $324,950 -3.0% $322 / Sq Ft
03/28/2025 03/28/25 For Sale $334,950 -- $332 / 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 $3,461 $301,000 $43,700 $257,300
2023 $2,775 $300,000 $30,400 $269,600
2022 $2,667 $279,000 $28,500 $250,500
2021 $2,441 $233,000 $26,600 $206,400
2020 $2,304 $200,000 $26,600 $173,400
2018 $1,893 $147,000 $15,200 $131,800
2017 $1,598 $130,000 $15,200 $114,800
2016 $1,519 $109,000 $15,200 $93,800
2015 $1,227 $99,000 $15,200 $83,800
2014 -- $81,000 $15,200 $65,800
2013 -- $57,000 $15,200 $41,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2351856

Northwest Multiple Listing Service (NWMLS)

APN: 500790-0340