Listed by Metro Seattle Properties
$350,000
PENDING $10K PRICE DROP

31500 33rd Place SW Unit H101 Federal Way, WA 98023

Twin Lakes Neighborhood

Estimated payment $2,596/month

Total Views 3,325
2 Beds
2 Baths
1,030 Sq Ft
$340 Price 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

A beautiful condo located in the gated community of Madera West! This remodeled open floor plan unit features a spacious interior with great natural lightning, a private balcony, and individual garage with extra storage space. Features renovated kitchen and bathroom with marble countertops and flooring as well as brand new carpeting and recent updates to windows, siding, and roofing. Replaced washer, dryer, and water heater. Lots of community amenities included such as swimming pool and exercise court, and also close to I-5, transit, and shopping centers! *Please note, the main gate to the community is located on SW 311th St. Entering through SW 319th St using GPS may lead to a closed gate.

Listing Agent

Ok Han

Metro Seattle Properties License #105444 Listed on: 06/05/2025

Co-Listing Agent

Hae Ja Cha

Metro Seattle Properties License #121555

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2385960

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,522

Year Built

  • Built in 1990

HOA Fees

  • $369 Monthly HOA Fees

Home Design

  • Composition Roof
  • Vinyl Construction Material
  • Wood Composite

Interior Spaces

  • 1,030 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace

Kitchen

  • Electric Oven or Range
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

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

Laundry

  • Electric Dryer
  • Washer

Parking

  • Garage
  • Uncovered Parking
  • RV Access or Parking

Schools

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

Utilities

  • Baseboard Heating
  • Water Heater

Additional Features

  • Balcony
  • Property is near public transit

Listing and Financial Details

Community Details

Overview

  • Association fees include common area maintenance, sewer, trash, water
  • 172 Units
  • Realmanage 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
  • Trails

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,522

Year Built

Built in 1990

Lot Details

0

HOA Fees

$369 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Year Built: 1990
  • Inclusions: Dishwasher(s),Dryer(s),Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • MLS Status: Pending Inspection
  • Prev Status: Pending
  • Building Name: Madera West
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1030
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 1
  • RemodeledUpdated: true
  • UnitFeatures: Balcony/Deck/Patio
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2385960?w=Consumer&agent=86726
  • Special Features: None
  • Cumulative Days on Market: 32

Interior Features

  • Fireplaces: 1
  • Appliances: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Full Bathrooms: 2
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Marble, Carpet
  • Interior Amenities: Cooking-Electric, Dryer-Electric, Fireplace, Washer, Water Heater
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Stories: 2
  • Bathrooms: 2
  • BathsFullMain: 2
  • 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(s),Dryer(s),Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • StorageLocation: Inside Garage
  • NWM_NumberOfBathtubs: 2

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Paved, Secluded, Sidewalk
  • View: No
  • Waterfront: No
  • Construction Type: Metal/Vinyl, Wood
  • Exterior Features: Metal/Vinyl, Wood Products
  • Structure Type: Multi Family
  • BusLineNearby: true

Garage/Parking

  • Carport Y N: No
  • Garage Yn: Yes
  • Parking Features: Individual Garage, RV Parking, Uncovered

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Security: Security Gate
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • ApplianceHookups: Cooking-Electric,Dryer-Electric,Washer
  • PowerCompany: PSE
  • SewerCompany: HOA
  • WaterCompany: HOA
  • WaterHeaterLocation: Closet
  • WaterHeaterType: Electric
  • InternetConnected: Xfinity

Condo/Co-op/Association

  • Community Features: Athletic Court, Club House, Exercise Room, Game/Rec Rm, Garden Space, Gated, Hot Tub, Playground, Pool, RV Parking, Trail(s)
  • Senior Community: No
  • Association Fee: 368.71
  • Association Fee Frequency: Monthly
  • Phone: 866-473-2573
  • Association: Yes
  • Pets Allowed: Subject to Restrictions
  • AssociationContactName: RealManage
  • CommonPropertyFeatures: Athletic Court,Clubhouse,Exercise Room,Game/Rec Rm,Garden Space,Hot Tub,Playground,Pool-Outdoor,RV Parking,Security Gate,Trails

Fee Information

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

Schools

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

Lot Info

  • Parcel Number: 5007900610
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSSquareFootageSource: Realist

Green Features

  • Power Production Type: Electric

Tax Info

  • Year: 2025
  • Tax Annual Amount: 3522

Multi Family

  • Number Of Units In Community: 172
  • EnergySource: Electric
  • UnitsInBuildingTotal: 4

MLS Schools

  • Elementary School: Twin Lakes Elem

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 $3,522 $307,000 $45,900 $261,100
2023 $3,370 $306,000 $31,900 $274,100
2022 $2,711 $284,000 $29,900 $254,100
2021 $2,500 $237,000 $27,900 $209,100
2020 $2,339 $205,000 $27,900 $177,100
2018 $1,963 $152,000 $15,900 $136,100
2017 $1,598 $135,000 $15,900 $119,100
2016 $1,606 $109,000 $15,900 $93,100
2015 $1,283 $105,000 $15,900 $89,100
2014 -- $85,000 $15,900 $69,100
2013 -- $60,000 $15,900 $44,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2025 07/01/25 Pending -- -- --
06/08/2025 06/08/25 Price Changed $350,000 -2.8% $340 / Sq Ft
06/05/2025 06/05/25 For Sale $360,000 -- $350 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- Nextitle
Bargain Sale Deed $78,000 Nextitle
Trustee Deed $52,425 Nextitle
Warranty Deed $192,950 Rainier Title
Interfamily Deed Transfer -- Commonwealth L
Warranty Deed $199,450 Commonwealth L
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $300,000 Small Business Administration
Previous Owner $183,302 Purchase Money Mortgage
Previous Owner $159,550 Fannie Mae Freddie Mac
Source: Public Records

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2385960

Northwest Multiple Listing Service (NWMLS)

APN: 500790-0610