NOT LISTED FOR SALE

31500 33rd Place SW Unit G202 Federal Way, WA 98023

Twin Lakes Neighborhood

Estimated Value: $269,000 - $305,918

1 Bed
1 Bath
842 Sq Ft
$285/mo HOA Fee

Last Sold October 16, 2023

Last sale price $296,000 $352 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,138/month

8 Days on Market

Highlights

  • Fitness Center
  • RV Access or Parking
  • Gated Community
  • Unit is on the top floor
  • RV Parking in Community
  • Clubhouse

About This Home

As of October 2023

You’ll love this large, bright condo with open floorplan that backs to a greenbelt and Joes Creek! The carport is directly in front of the top floor unit that doesn’t require any stairs. Enjoy the new range/oven, microwave, bathroom sink, toilet & some fresh paint! Features include a newer dishwasher, washer & water heater. Also a large bedroom w/work area, deck w/storage, wood fireplace, white millwork & crown molding. You’ll appreciate Madera West’s gated entry, newer roofs, siding, windows & regraded parking lot 8/23. This FHA Approved community features a clubhouse, pool, rec room, hot tub, exercise room, playground, sports court, community garden, RV/boat parking & visitor parking. Full size W/D included, 2 pets & rentals are allowed.

Last Agent to Sell the Property

Jennifer Gilbert-Smith

Leading Advantage Realty License #18825 Listed on: 08/10/2023

Leading Advantage Realty

Last Buyer's Agent

Michelle Riddle

eXp Realty License #21016787

eXp Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2149975

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,499

Year Built

  • Built in 1990

Lot Details

  • Street terminates at a dead end
  • East Facing Home

HOA Fees

  • $285 Monthly HOA Fees

Home Design

  • Composition Roof
  • Wood Siding
  • Cement Board or Planked
  • Wood Composite

Interior Spaces

  • 842 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Insulated Windows
  • Territorial Views

Kitchen

  • Electric Oven or Range
  • Stove
  • <<microwave>>
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Electric Dryer
  • Washer

Parking

  • 1 Parking Space
  • Carport
  • Uncovered Parking
  • RV Access or Parking

Outdoor Features

  • Balcony
  • Patio

Location

  • Unit is on the top floor
  • Property is near public transit

Schools

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

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, lawn service, road maintenance, sewer, snow removal, water
  • 172 Units
  • Madera West Condos
  • Twin Lakes Subdivision
  • Park Phone (866) 473-2573 | Manager realmanage.com
  • RV Parking in Community
  • Property is near a preserve or public land

Amenities

  • Community Garden
  • Clubhouse
  • Game Room
  • Recreation Room

Recreation

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

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,499

Year Built

Built in 1990

Lot Details

0

HOA Fees

$285 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Year Built: 1990
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,Microwave,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Madera West
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 842
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 0
  • RemodeledUpdated: true
  • UnitFeatures: Balcony/Deck/Patio,Insulated Windows,Top Floor,Walk-in Closet
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2149975?w=Consumer&agent=28467
  • Special Features: VirtualTour
  • Cumulative Days on Market: 646

Interior Features

  • Fireplaces: 1
  • Appliances: Dishwasher, Dryer, Disposal, Microwave, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 1
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Entry Location: Main
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Vinyl, Carpet
  • Interior Amenities: Ceramic Tile, Wall to Wall Carpet, Balcony/Deck/Patio, Cooking-Electric, Dryer-Electric, Washer, Fireplace, Water Heater
  • Main Level Bedrooms: 1
  • 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: 2
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Microwave,Refrigerator,Stove/Range,Washer
  • StorageLocation: Deck
  • WindowCoverings: Blinds & Drapes
  • NWM_NumberOfBathtubs: 1
  • NWM_NumberOfShowers: 1

Exterior Features

  • Roof: Composition
  • View: See Remarks, Territorial
  • Lot Features: Adjacent to Public Land, Curbs, Dead End Street, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Direction Faces: East
  • Exterior Features: Cement Planked, Wood, Wood Products
  • Structure Type: Multi Family
  • BusLineNearby: true
  • ViewFrom: Unit
  • BusRouteNumber: 187

Garage/Parking

  • Carport Y N: Yes
  • Parking Features: RV Parking, Carport, Uncovered
  • Total Parking Spaces: 1
  • ParkingSpaceNumbers: 48

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
  • WaterHeaterLocation: Bathroom closet
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Community Features: Athletic Court, Club House, Exercise Room, Game/Rec Rm, Garden Space, Gated, High Speed Int Avail, Hot Tub, Outside Entry, Playground, Pool, RV Parking, See Remarks
  • Park Manager Name: realmanage.com
  • Park Manager Phone: 866-473-2573
  • Senior Community: No
  • Association Fee: 285
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: See Remarks, Subj to Restrictions
  • CoOp: false
  • CommonPropertyFeatures: Athletic Court,Club Houses,Exercise Room,Game/Rec Rm,Garden Space,Gated Entry,High Speed Int Avail,Hot Tub,Outside Entry,Playground,Pool-Outdoor,RV Parking,See Remarks

Fee Information

  • Association Fee Includes: Common Area Maintenance, Garbage, Lawn Service, Road Maintenance, See Remarks, Sewer, Snow Removal, Water
  • NWM_OtherDuesOrFeesYN: false

Schools

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

Lot Info

  • Parcel Number: 5007900580
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSSquareFootageSource: Realist

Green Features

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

Rental Info

  • Furnished: Unfurnished
  • RentalCap: No Rental Cap

Tax Info

  • Year: 2023
  • Tax Annual Amount: 2499.15

Multi Family

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

MLS Schools

  • Elementary School: Twin Lakes Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2023
Closed on
Oct 10, 2023
Sold by
Davis Gregory B and Davis Christine S
Bought by
Whitney Tanner
Seller's Agent
Jennifer Gilbert-Smith
Leading Advantage Realty
Buyer's Agent
Michelle Riddle
eXp Realty
List Price
$287,500
Sold Price
$296,000
Premium/Discount to List
$8,500
2.96%
Views
26
Current Estimated Value
$289,730

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,270
Avg. Annual Appreciation
-1.23%
Original Mortgage
$11,484
Outstanding Balance
$4,842
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$284,888

Purchase Details

Listed on
Nov 23, 2016
Closed on
Mar 6, 2017
Sold by
Derevyankin Aleksandr N
Bought by
Davis Gregory B and Davis Christine S
Seller's Agent
Gwen Finley
John L. Scott, Inc.
Buyer's Agent
Terrene Reynolds
Coldwell Banker Danforth
List Price
$109,000
Sold Price
$109,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.32%
Original Mortgage
$87,200
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 19, 2005
Sold by
Madera West Llc
Bought by
Derevyankin Aleksandr N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,750
Interest Rate
5.67%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Whitney Tanner $296,000 Chicago Title
Davis Gregory B $109,000 Rainier Title Llc
Derevyankin Aleksandr N $148,450 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Whitney Tanner $11,484
Open Whitney Tanner $287,120
Previous Owner Davis Gregory B $87,200
Previous Owner Derevyankin Aleksandr N $118,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2023 10/16/23 Sold $296,000 +3.0% $352 / Sq Ft
08/18/2023 08/18/23 Pending -- -- --
08/10/2023 08/10/23 For Sale $287,500 +163.8% $341 / Sq Ft
03/07/2017 03/07/17 Sold $109,000 0.0% $129 / Sq Ft
01/18/2017 01/18/17 Pending -- -- --
12/24/2016 12/24/16 Price Changed $109,000 0.0% $129 / Sq Ft
12/24/2016 12/24/16 For Sale $109,000 -9.1% $129 / Sq Ft
12/01/2016 12/01/16 Pending -- -- --
11/28/2016 11/28/16 Price Changed $119,900 -1.6% $142 / Sq Ft
11/23/2016 11/23/16 For Sale $121,900 -- $145 / 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 $3,037 $260,000 $37,300 $222,700
2023 $2,499 $272,000 $25,900 $246,100
2022 $2,404 $250,000 $24,300 $225,700
2021 $2,219 $209,000 $22,700 $186,300
2020 $2,047 $181,000 $22,700 $158,300
2018 $1,670 $130,000 $12,900 $117,100
2017 $1,389 $114,000 $12,900 $101,100
2016 $1,329 $94,000 $12,900 $81,100
2015 $1,085 $86,000 $12,900 $73,100
2014 -- $71,000 $12,900 $58,100
2013 -- $51,000 $12,900 $38,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2149975

Northwest Multiple Listing Service (NWMLS)

APN: 500790-0580