NOT LISTED FOR SALE

31500 33rd Place SW Unit P104 Federal Way, WA 98023

Twin Lakes Neighborhood

Estimated Value: $308,000 - $331,000

2 Beds
1 Bath
972 Sq Ft
$329/mo HOA Fee

Last Sold February 21, 2024

Last sale price $330,000 $340 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $2,395/month

1 Day on Market

Highlights

  • Fitness Center
  • Clubhouse
  • Community Pool
  • Gated Community
  • Territorial View
  • Sport Court

About This Home

As of February 2024

Updated condo in sought after Madera community. Updated kitchen and flooring. Private deck. 3 a parking spots!!! Assigned parking spot and private garage and space behind garage. Storage unit for extra storage Meticulously maintained gated grounds, sport court, weight room, hot tub, club house surveillance cameras and RV parking when available. Pet restrictions. 2 good sized bedrooms with space saving wall bed. Wall bed conveys.

Last Listed By

Monae Richards

Better Properties NW License #73459 Listed on: 01/08/2024

Better Properties NW

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2188396

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,747

Year Built

  • Built in 1990

Lot Details

  • 971

HOA Fees

  • $329 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Common or Shared Parking
  • Uncovered Parking

Home Design

  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 972 Sq Ft Home
  • 3-Story Property
  • Territorial Views

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Home Security

Schools

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

Utilities

  • Baseboard Heating

Listing and Financial Details

Community Details

Overview

  • Association fees include earthquake insurance, garbage, lawn service, road maintenance, sewer, water
  • 172 Units
  • Amy Knapp Association
  • Secondary HOA Phone (866) 473-2573
  • Madera Condos
  • Lakota Subdivision
  • Park Phone (866) 473-2573 | Manager Amy Knapp

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
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,747

Year Built

Built in 1990

Lot Details

0

HOA Fees

$329 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Year Built: 1990
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Madera
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 972
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 8
  • RemodeledUpdated: true
  • SOCComments: Buyers agent at all showings
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2188396?w=Consumer&agent=37922
  • Special Features: None
  • Cumulative Days on Market: 565

Interior Features

  • Full Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Main Level Bedrooms: 2
  • Stories: 3
  • Bathrooms: 1
  • BathsFullMain: 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
  • NWM_NumberOfBathtubs: 1
  • NWM_NumberOfShowers: 1

Exterior Features

  • Roof: Composition
  • View: Territorial
  • View: Yes
  • Waterfront: No
  • Exterior Features: Metal/Vinyl
  • Structure Type: Multi Family
  • ViewFrom: See Remarks

Garage/Parking

  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Common Garage, Uncovered
  • Total Parking Spaces: 2

Utilities

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

Condo/Co-op/Association

  • Community Features: Athletic Court, Club House, Exercise Room, Fire Sprinklers, Game/Rec Rm, Garden Space, Gated, Hot Tub, Playground, Pool
  • Park Manager Name: Amy Knapp
  • Park Manager Phone: 866-473-2573
  • Senior Community: No
  • Association Fee: 329
  • Association Fee Frequency: Monthly
  • Phone: 866-473-2573
  • Association: Yes
  • Pets Allowed: Subj to Restrictions
  • AssociationContactName: Amy Knapp
  • CoOp: false
  • CommonPropertyFeatures: Athletic Court,Club Houses,Exercise Room,Fire Sprinklers,Game/Rec Rm,Garden Space,Gated Entry,Hot Tub,Playground,Pool-Outdoor,Security Gate

Fee Information

  • Association Fee Includes: Earthquake Insurance, Garbage, Lawn Service, Road Maintenance, Sewer, Water

Schools

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

Lot Info

  • Parcel Number: 5007901180
  • Lot Size Acres: 0.0223
  • Lot Size Sq Ft: 972
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: realist
  • MLSSquareFootageSource: realist

Green Features

  • Power Production Type: Electric

Rental Info

  • RentalCap: No Rental Cap
  • ShortTermRentalYN: false

Tax Info

  • Year: 2023
  • Tax Annual Amount: 2747

Multi Family

  • Number Of Units In Community: 172
  • EnergySource: Electric
  • UnitsInBuildingTotal: 10

MLS Schools

  • Elementary School: Twin Lakes Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2024
Closed on
Feb 15, 2024
Sold by
Brown Ocie
Bought by
Soliver Jesus
Seller's Agent
Monae Richards
Better Properties NW
Buyer's Agent
Jen Peterson
Best Choice Realty LLC
List Price
$330,000
Sold Price
$330,000
Total Days on Market
1
Views
11
Current Estimated Value
$321,359

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,641
Avg. Annual Appreciation
0.37%
Original Mortgage
$330,000
Outstanding Balance
$324,189
Interest Rate
4%
Mortgage Type
VA
Estimated Equity
$7,274

Purchase Details

Closed on
Oct 21, 2022
Sold by
Simm Aaron M and Simm Tori-Ann
Bought by
Brown Ocie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,952
Interest Rate
6.92%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 26, 2019
Sold by
Kist David and Kist Beatrice
Bought by
Simm Aaron M and Kaufman Tori Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 5, 2006
Sold by
Madera West Llc
Bought by
Kist David L and Kist Beatrice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
6.63%
Mortgage Type
New Conventional

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
Soliver Jesus $330,000 Fidelity National Title
Brown Ocie $310,000 Equity Title
Simm Aaron M $200,000 Wfg Natl Ttl Co Of Wa Llc
Kist David L $190,950 Commonwealth L
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Soliver Jesus $330,000
Previous Owner Brown Ocie $287,952
Previous Owner Simm Aaron M $35,000
Previous Owner Simm Aaron M $194,000
Previous Owner Kist David L $143,300
Previous Owner Kist David L $152,000
Closed Brown Ocie $10,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2024 02/21/24 Sold $330,000 0.0% $340 / Sq Ft
01/09/2024 01/09/24 Pending -- -- --
01/08/2024 01/08/24 For Sale $330,000 -- $340 / 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 $3,424 $298,000 $43,000 $255,000
2023 $3,264 $296,000 $29,900 $266,100
2022 $2,634 $276,000 $28,000 $248,000
2021 $2,418 $230,000 $26,100 $203,900
2020 $2,269 $198,000 $26,100 $171,900
2018 $1,880 $146,000 $14,900 $131,100
2017 $1,528 $129,000 $14,900 $114,100
2016 $1,533 $104,000 $14,900 $89,100
2015 $1,227 $100,000 $14,900 $85,100
2014 -- $81,000 $14,900 $66,100
2013 -- $57,000 $14,900 $42,100
Source: Public Records

Agents Affiliated with this Home

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2188396

Northwest Multiple Listing Service (NWMLS)

APN: 500790-1180