Listed by Best Choice Realty LLC
$275,000

31500 33rd Place SW Unit N103 Federal Way, WA 98023

Twin Lakes Neighborhood

Estimated payment $1,962/month

1 Bed
1 Bath
728 Sq Ft
$378 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

Welcome to Madera West! This beautifully updated 1 bedroom, 1 bathroom condo offers comfort, convenience, and a touch of nature. Step inside to find new carpet throughout, fresh interior paint, and newer kitchen appliances. The open layout includes a spacious living room with cozy fireplace, dining area, and well-equipped kitchen. The sizable bedroom features a walk-in closet. Enjoy peaceful mornings and relaxing evenings with a view out to a serene wooded setting. Amenities include a clubhouse with outdoor pool, gym, and game room as well as outdoor tennis/pickleball court, community garden, and secure RV parking. Conveniently located near Twin Lakes Golf and Country Club, shopping, dining, major freeways, and transportation.

Listing Agent

Amy Turner

Best Choice Realty LLC License #127839 Listed on: 10/16/2025

Best Choice Realty LLC

Co-Listing Agent

Jeremiah McNeal

Best Choice Network LLC License #123161

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2439637

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,864

Year Built

  • Built in 1993

HOA Fees

  • $265 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 728 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Blinds
  • Territorial Views

Kitchen

  • Electric Oven or Range
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Slate Flooring

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
  • RV Access or Parking

Outdoor Features

  • Balcony

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
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5007901090

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 Condos
  • Twin Lakes Subdivision
  • Park Phone (866) 473-2573 | Manager Judy Lemke
  • RV Parking in Community

Amenities

  • Community Garden
  • Clubhouse

Recreation

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

Pet Policy

  • Pet Restriction
  • Dogs and Cats Allowed

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,864

Year Built

Built in 1993

Lot Details

0

HOA Fees

$265 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Year Built: 1993
  • Inclusions: Dishwasher(s),Dryer(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • MLS Status: Active
  • Prev Status: Active
  • Building Name: Madera West
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 728
  • EffectiveYearBuiltSource: See Remarks
  • SeniorExemption: false
  • DwellingType: Attached
  • UnitFeatures: Balcony/Deck/Patio,Ground Floor,Walk-in Closet
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing_results/NWMLS/2439637, https://www.workforce-resource.com/dpr/listing/NWMLS/2439637?w=Consumer&agent=111757
  • Special Features: None

Interior Features

  • Fireplaces: 1
  • Appliances: Dishwasher(s), Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Hardwood, Slate, Carpet
  • Interior Amenities: Cooking-Electric, Dryer-Electric, Fireplace, Ground Floor, Walk-In Closet(s), Washer, Water Heater
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Stories: 2
  • BathsFullMain: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher(s),Dryer(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • StorageLocation: Patio
  • WindowCoverings: Blinds

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Curbs, Paved, Secluded
  • View: Yes
  • Waterfront: No
  • Construction Type: Cement Plank, Wood
  • Exterior Features: Cement Planked, Wood, 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

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Security: Security Gate
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Wall Unit(s)
  • Heating Yn: Yes
  • ApplianceHookups: Cooking-Electric,Dryer-Electric,Washer
  • PowerCompany: PSE
  • WaterCompany: HOA
  • WaterHeaterLocation: Patio
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Community Features: Athletic Court, Cable TV, Club House, Exercise Room, Garden Space, Gated, Hot Tub, Playground, Pool, RV Parking
  • Park Manager Name: Judy Lemke
  • Park Manager Phone: 866-473-2573
  • Senior Community: No
  • Association Fee: 265
  • Association Fee Frequency: Monthly
  • Phone: 866-473-2573
  • Association: Yes
  • Pets Allowed: Cats OK, Dogs OK, Subject to Restrictions
  • AssociationContactName: Brandy Martin
  • CommonPropertyFeatures: Athletic Court,Cable TV,Clubhouse,Exercise Room,Garden Space,Gated Entry,Hot Tub,Playground,Pool-Outdoor,RV Parking,Security Gate

Fee Information

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

Schools

  • Junior High Dist: Federal Way

Lot Info

  • Parcel Number: 5007901090
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSLotSizeSource: Realist

Green Features

  • Power Production Type: Electric

Rental Info

  • RentalCap: No Rental Cap

Tax Info

  • Year: 2025
  • Tax Annual Amount: 2864

Multi Family

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

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $2,864 $245,000 $32,900 $212,100
2023 $2,337 $250,000 $22,900 $227,100
2022 $2,239 $233,000 $21,500 $211,500
2021 $2,044 $194,000 $20,000 $174,000
2020 $1,895 $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 $957 $77,000 $11,400 $65,600
2014 -- $62,000 $11,400 $50,600
2013 -- $46,000 $11,400 $34,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/16/2025 10/16/25 For Sale $275,000 +42.9% $378 / Sq Ft
08/08/2019 08/08/19 Sold $192,500 -1.3% $264 / Sq Ft View Prior Sale
07/07/2019 07/07/19 Pending -- -- --
06/26/2019 06/26/19 Price Changed $194,950 -2.5% $268 / Sq Ft
05/30/2019 05/30/19 Price Changed $199,950 -2.5% $275 / Sq Ft
03/11/2019 03/11/19 For Sale $205,000 -- $282 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $192,500 First American Title
Warranty Deed $32,000 Rainier Title
Warranty Deed $138,450 Commonwealth L
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $170,000 New Conventional
Previous Owner $110,750 New Conventional
Source: Public Records

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2439637

Northwest Multiple Listing Service (NWMLS)

APN: 500790-1090