NOT LISTED FOR SALE

31500 33rd Place SW Unit Q103 Federal Way, WA 98023

Twin Lakes Neighborhood

Estimated Value: $310,000 - $329,000

2 Beds
1 Bath
998 Sq Ft
$335/mo HOA Fee

Last Sold October 31, 2023

Last sale price $328,000 $329 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $2,376/month

12 Days on Market

Highlights

  • Fitness Center
  • Property is near public transit
  • Bamboo Flooring
  • Gated Community
  • Territorial View
  • Community Pool

About This Home

As of October 2023

This well loved turnkey home in the desirable 28 acre gated community of Madera West. Light and bright unit, boasting designer colors, bamboo floors, white millwork, crown molding, fireplace, eating bar, deck off the separate dining area. Includes stainless steel & black appliances, new frig with ice maker, plus washer/dryer unit in laundry closet. Upgraded light fixtures throughout, fan lights in bedrooms. Abundant parking includes parking in and outside of the full size single garage, one additional assigned outside parking space, plus visitor parking. Seasonal pool, exercise room, hot tub, sport court, play area, Community Garden. FHA Approved. Healthy reserves. 2 Pets max. No Rental Cap. Close to schools, hospital, shopping & bus line!

Last Agent to Sell the Property

Joseph Moss

Agilon Properties LLC License #120615 Listed on: 09/07/2023

Last Buyer's Agent

Jeffrey Castro

John L. Scott, Inc License #26668

John L. Scott, Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2155972

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,737

Year Built

  • Built in 1990

Lot Details

  • 29

HOA Fees

  • $335 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Uncovered Parking

Home Design

  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 998 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Bamboo Flooring
  • Territorial Views

Kitchen

  • Electric Oven or Range
  • Stove
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Electric Dryer
  • Washer

Outdoor Features

  • Balcony
  • Patio

Location

  • 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

Listing and Financial Details

Community Details

Overview

  • Association fees include common area maintenance, garbage, lawn service, road maintenance, sewer, water
  • 172 Units
  • Realmanage, Amy Knepp Association
  • Secondary HOA Phone (866) 473-2573
  • Madera West Condos
  • Twin Lakes Subdivision
  • Park Phone (866) 473-2573 | Manager Amy Knepp

Amenities

  • Game Room
  • Recreation Room

Recreation

  • Fitness Center
  • Community Pool

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,737

Year Built

Built in 1990

Lot Details

0

HOA Fees

$335 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 31 - Condo (2 Levels)
  • Year Built: 1990
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Madera West
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 998
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 8
  • UnitFeatures: Balcony/Deck/Patio,Walk-in Closet
  • NWM_ExcludedItemsYN: false
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2155972?w=Consumer&agent=103976
  • Special Features: None
  • Cumulative Days on Market: 625

Interior Features

  • Fireplaces: 1
  • Appliances: Dishwasher, Dryer, Disposal, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Bamboo/Cork
  • Interior Amenities: Bamboo/Cork, Balcony/Deck/Patio, Cooking-Electric, Dryer-Electric, Ice Maker, Washer, Fireplace, Water Heater
  • Main Level Bedrooms: 2
  • 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: 1
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Refrigerator,Stove/Range,Washer
  • StorageLocation: Garage Storage Closet
  • NWM_NumberOfBathtubs: 1

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Cement Planked
  • Structure Type: Multi Family
  • BusLineNearby: true
  • ViewFrom: Unit

Garage/Parking

  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Individual Garage, Uncovered
  • Total Parking Spaces: 1
  • ParkingSpaceNumbers: 211

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,Ice Maker,Washer
  • WaterHeaterLocation: Primary Walk in Closet
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Community Features: Exercise Room, Game/Rec Rm, Gated, Outside Entry, Pool
  • Park Manager Name: Amy Knepp
  • Park Manager Phone: 866-473-2573
  • Senior Community: No
  • Association Fee: 335
  • Association Fee Frequency: Monthly
  • Phone: 866-473-2573
  • Association: Yes
  • Pets Allowed: See Remarks
  • Common Interest: Condominium
  • AssociationContactName: RealManage, Amy Knepp
  • CommonPropertyFeatures: Exercise Room,Game/Rec Rm,Gated Entry,Outside Entry,Pool-Outdoor

Fee Information

  • Association Fee Includes: Common Area Maintenance, Garbage, Lawn Service, Road Maintenance, Sewer, 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: 5007901250
  • Irrigation Water Rights: No
  • 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: 2737

Multi Family

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

MLS Schools

  • Elementary School: Twin Lakes Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2023
Closed on
Oct 26, 2023
Sold by
Vanravenswaay Frank and Vanravenswaay Linda
Bought by
Simpson John M
Seller's Agent
Joseph Moss
Agilon Properties LLC
Buyer's Agent
Jeffrey Castro
John L. Scott, Inc
List Price
$340,000
Sold Price
$328,000
Premium/Discount to List
-$12,000
-3.53%
Views
16
Current Estimated Value
$318,247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,753
Avg. Annual Appreciation
-1.78%
Original Mortgage
$338,824
Interest Rate
4%
Mortgage Type
VA

Purchase Details

Closed on
Jul 18, 2011
Sold by
Clinard Christopher G and Clinard Erin S
Bought by
Vanravenswaay Frank and Van Ravenswaay Linda

Purchase Details

Closed on
Aug 21, 2006
Sold by
Madera West Llc
Bought by
Tully Erin S and Clinard Christopher G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,450
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Simpson John M $328,000 Ticor Title
Vanravenswaay Frank $72,000 Rainier Title
Tully Erin S $193,450 Commonwealth L
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simpson John M $349,187
Closed Simpson John M $338,824
Previous Owner Vanravenswaay Frank Van $128,000
Previous Owner Vanravenswaay Frank $83,800
Previous Owner Vanravenswaay Linda $46,000
Previous Owner Tully Erin S $143,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2023 10/31/23 Sold $328,000 -3.5% $329 / Sq Ft
09/19/2023 09/19/23 Pending -- -- --
09/07/2023 09/07/23 For Sale $340,000 -- $341 / 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 $3,413 $296,000 $43,700 $252,300
2023 $3,275 $297,000 $30,400 $266,600
2022 $2,623 $275,000 $28,500 $246,500
2021 $2,418 $229,000 $26,600 $202,400
2020 $2,257 $198,000 $26,600 $171,400
2018 $1,880 $146,000 $15,200 $130,800
2017 $1,542 $129,000 $15,200 $113,800
2016 $1,519 $105,000 $15,200 $89,800
2015 $1,212 $99,000 $15,200 $83,800
2014 -- $80,000 $15,200 $64,800
2013 -- $56,000 $15,200 $40,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2155972

Northwest Multiple Listing Service (NWMLS)

APN: 500790-1250