Listed by John L. Scott Federal Way
$250,860
$50K PRICE DROP

31500 33rd Place SW Unit N102 Federal Way, WA 98023

Twin Lakes Neighborhood

Estimated payment $1,972/month

Total Views 387,391
2 Beds
2 Baths
1,071 Sq Ft
$234 Price per Sq Ft

Highlights

  • Fitness Center
  • RV Parking in Community
  • 28.64 Acre Lot
  • RV Access or Parking
  • Gated Community
  • Property is near public transit

About This Home

Interior inspections are not available, do not trespass. NO REPRESENTATION TO VALIDITY OF INFORMATION IS MADE, BUYER IS TO VERIFY ALL INFORMATION WHERIN.

Listing Agent

Cari Franklin

John L. Scott Federal Way License #20109553 Listed on: 02/08/2025

John L. Scott Federal Way

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2330706

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,423

Year Built

  • Built in 1990

HOA Fees

  • $374 Monthly HOA Fees

Home Design

  • Composition Roof
  • Metal Construction or Metal Frame
  • Vinyl Construction Material
  • Wood Composite

Interior Spaces

  • 1,071 Sq Ft Home
  • 3-Story Property
  • Territorial Views

Bedrooms and Bathrooms

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

Parking

  • 1 Parking Space
  • Carport
  • RV Access or Parking

Location

  • Property is near public transit
  • Property is near a bus stop

Utilities

  • Baseboard Heating

Listing and Financial Details

Community Details

Overview

  • Association fees include common area maintenance, earthquake insurance, lawn service, sewer, trash, water
  • 172 Units
  • Madera Condos
  • Wedgewood Subdivision
  • RV Parking in Community

Recreation

  • Community Playground
  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed with Restrictions

Additional Features

  • Community Garden
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,423

Year Built

Built in 1990

Lot Details

0

HOA Fees

$374 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Year Built: 1990
  • MLS Status: Active
  • Prev Status: Active
  • Building Name: Madera
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1071
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • DwellingType: Attached
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2330706?w=Consumer&agent=62204
  • Special Features: Auction

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Stories: 3
  • BathsFullMain: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition
  • View: Territorial
  • View: Yes
  • Waterfront: No
  • Construction Type: Metal/Vinyl, Wood
  • Exterior Features: Metal/Vinyl, Wood Products
  • Structure Type: Multi Family
  • BusLineNearby: true
  • ViewFrom: Unit

Garage/Parking

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

Utilities

  • Security: Security Gate
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Exercise Room, Garden Space, Gated, Hot Tub, Outside Entry, Playground, Pool, RV Parking
  • Senior Community: No
  • Association Fee: 374.47
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Subject to Restrictions
  • Common Interest: Condominium
  • CommonPropertyFeatures: Exercise Room,Garden Space,Gated Entry,Hot Tub,Outside Entry,Playground,Pool-Outdoor,RV Parking,Security Gate

Fee Information

  • Association Fee Includes: Common Area Maintenance, Earthquake Insurance, Lawn Service, Sewer, Trash, Water
  • NWM_OtherDuesOrFeesYN: false

Schools

  • Junior High Dist: Federal Way

Lot Info

  • Parcel Number: 5007901080
  • Lot Size Acres: 28.639
  • Lot Size Sq Ft: 1247519
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSLotSizeSource: Realist

Green Features

  • Power Production Type: Electric

Tax Info

  • Year: 2024
  • Tax Annual Amount: 3423

Multi Family

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

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 $3,561 $310,000 $47,300 $262,700
2023 $3,423 $311,000 $32,900 $278,100
2022 $2,755 $289,000 $30,800 $258,200
2021 $2,535 $241,000 $28,800 $212,200
2020 $2,385 $208,000 $28,800 $179,200
2018 $1,977 $153,000 $16,400 $136,600
2017 $1,667 $136,000 $16,400 $119,600
2016 $1,591 $114,000 $16,400 $97,600
2015 $1,283 $104,000 $16,400 $87,600
2014 -- $85,000 $16,400 $68,600
2013 -- $60,000 $16,400 $43,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/02/2025 10/02/25 Price Changed $250,860 -16.6% $234 / Sq Ft
02/08/2025 02/08/25 For Sale $300,645 +329.5% $281 / Sq Ft
01/08/2013 01/08/13 Sold $70,000 0.0% $65 / Sq Ft View Prior Sale
09/11/2012 09/11/12 Pending -- -- --
09/05/2012 09/05/12 For Sale $70,000 -- $65 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Purchase History

Date Type Sale Price Title Company
Trustee Deed $313 None Listed On Document
Warranty Deed $220,000 Flyhomes Closing Llc
Warranty Deed -- Stewart Title
Warranty Deed $70,000 Stewart Title
Warranty Deed $185,000 Commonwealth L
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $216,015 FHA
Previous Owner $52,500 No Value Available
Previous Owner $37,000 Stand Alone Second
Previous Owner $148,000 No Value Available
Source: Public Records

About the Listing Agent

Cari Franklin

John L. Scott Federal Way

(206) 466-3084

Section Image

Cari offers over 30 years of real estate experience in the Puget Sound area. Continually ranked as a top producing agent in our market, she is dedicated to giving you the personal attention you deserve. Her list of certifications, awards and memberships over the years is remarkable. Cari is a native of Washington State, born and raised in Wenatchee and has been calling the Puget Sound area home for 30 years now. Her background is in sales with a degree in Merchandising. While in college, Cari

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2330706

Northwest Multiple Listing Service (NWMLS)

APN: 500790-1080