NOT LISTED FOR SALE

31500 33rd Place SW Unit S202 Federal Way, WA 98023

Twin Lakes Neighborhood

Estimated Value: $271,000 - $298,000

1 Bed
1 Bath
854 Sq Ft
$275/mo HOA Fee

Last Sold December 27, 2024

Last sale price $290,000 $340 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,126/month

69 Days on Market

Highlights

  • Fitness Center
  • Clubhouse
  • Community Indoor Pool
  • Gated Community
  • Contemporary Architecture
  • Community Garden

About This Home

As of December 2024

Welcome to this charming one-bedroom condo located on the second floor in a beautifully landscaped community. The extra-large bedroom offers plenty of space for a home office, workout area, or relaxation zone. Step outside to your private balcony, which includes additional storage space for all your needs. This unit also comes with an additional large storage area, perfect for keeping everything organized. The HOA covers water, sewer, and garbage, making for hassle-free living. Enjoy the community's well-maintained amenities, including a swimming pool, tennis courts, and optional RV parking. This is the perfect home for those seeking comfort, convenience, and an active lifestyle!

Last Agent to Sell the Property

Paula Gambardella

Newberry Realty Renton License #4508 Listed on: 09/28/2024

Co-Listed By

Marlene Schreiber

Kelly Right RE of Seattle LLC License #27680

Last Buyer's Agent

Stephanie Bazan

Kelly Right RE of Seattle LLC License #22006430

Kelly Right RE of Seattle LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2296414

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,130

Year Built

  • Built in 1990

Lot Details

  • 29

HOA Fees

  • $275 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Composition Roof

Interior Spaces

  • 854 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Blinds

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Bathroom on Main Level
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Carport

Utilities

  • Heating System Mounted To A Wall or Window

Listing and Financial Details

Community Details

Overview

  • Association fees include common area maintenance, earthquake insurance, garbage, lawn service, sewer, water
  • 179 Units
  • Madera West Condos
  • Twin Lakes Subdivision
  • Park Phone (866) 473-2573 | Manager Real Manage

Amenities

  • Community Garden
  • Clubhouse

Recreation

  • Fitness Center
  • Community Indoor Pool
  • Community Spa
  • Trails

Pet Policy

  • Pets Allowed

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,130

Year Built

Built in 1990

Lot Details

0

HOA Fees

$275 per month

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
  • Architectural Style: Contemporary
  • Building Name: Madera West
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 854
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 8
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2296414?w=Consumer&agent=24911
  • Special Features: None
  • Cumulative Days on Market: 245

Interior Features

  • Fireplaces: 1
  • Full Bathrooms: 1
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Interior Amenities: Fireplace
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • 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: 2
  • WindowCoverings: Blinds
  • NWM_NumberOfBathtubs: 1
  • NWM_NumberOfShowers: 1

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Exterior Features: Cement/Concrete
  • Structure Type: Multi Family
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Carport Y N: Yes
  • Covered Parking Spaces: 1
  • Parking Features: Carport
  • Total Parking Spaces: 1
  • ParkingSpaceNumbers: 97

Utilities

  • Security: SecurityGate
  • Cooling: None
  • Cooling Y N: No
  • Heating: Wall Unit(s)
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Club House, Exercise Room, Garden Space, Gated, Hot Tub, Indoor Pool, Trail(s)
  • Park Manager Name: Real Manage
  • Park Manager Phone: 866-473-2573
  • Senior Community: No
  • Association Fee: 275
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Yes
  • CoOp: false
  • CommonPropertyFeatures: Clubhouse,Exercise Room,Garden Space,Gated Entry,Hot Tub,Pool-Indoor,Security Gate,Trails

Fee Information

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

Schools

  • Junior High Dist: Federal Way

Lot Info

  • Parcel Number: 5007901440
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Tax records
  • MLSSquareFootageSource: Tax records

Green Features

  • Power Production Type: Electric

Rental Info

  • RentalCap: No Rental Cap

Tax Info

  • Year: 2023
  • Tax Annual Amount: 3130

Multi Family

  • Number Of Units In Community: 179
  • EnergySource: Electric
  • UnitsInBuildingTotal: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2016
Closed on
Dec 22, 2016
Sold by
Strok Luybov and Strok Semen
Bought by
Russell Richard H
Seller's Agent
Oleg Doukhnevitch
Windermere Bellevue Commons
Buyer's Agent
William Sears
RE/MAX Northwest
List Price
$129,950
Sold Price
$115,225
Premium/Discount to List
-$14,725
-11.33%
Current Estimated Value
$288,060

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,835
Avg. Annual Appreciation
11.23%
Original Mortgage
$97,850
Outstanding Balance
$81,413
Interest Rate
4.03%
Mortgage Type
New Conventional
Estimated Equity
$204,202

Purchase Details

Closed on
Dec 13, 2010
Sold by
Us Bank National Association
Bought by
Mostovaya Luybov

Purchase Details

Closed on
Feb 19, 2010
Sold by
Madera West Condominium Association
Bought by
U S Bank National Association

Purchase Details

Closed on
Nov 13, 2009
Sold by
Mosley Marcus A and Mosley Jane Doe
Bought by
Madera West Condominium Association

Purchase Details

Closed on
Jun 2, 2009
Sold by
Mosley Marcus
Bought by
U S Bank National Association

Purchase Details

Closed on
Jan 23, 2009
Sold by
Mosley Marcus A and Mosley Jane Doe
Bought by
Madera West Condominium

Purchase Details

Closed on
Dec 13, 2006
Sold by
Madera West Llc
Bought by
Mosley Marcus A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,790
Interest Rate
6.01%
Mortgage Type
Stand Alone Second
Source: Public Records

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
Russell Richard H $115,225 First American
Mostovaya Luybov $60,000 Fidelity Natio
U S Bank National Association $20,012 None Available
Madera West Condominium Association $8,594 None Available
U S Bank National Association $127,335 None Available
Madera West Condominium $8,594 None Available
Mosley Marcus A $168,950 Commonwealth L
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Russell Richard H $97,850
Previous Owner Mosley Marcus A $33,790
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2024 12/27/24 Sold $290,000 -2.7% $340 / Sq Ft
12/06/2024 12/06/24 Pending -- -- --
11/22/2024 11/22/24 Price Changed $298,000 -5.4% $349 / Sq Ft
09/28/2024 09/28/24 For Sale $315,000 +173.4% $369 / Sq Ft
01/10/2017 01/10/17 Sold $115,225 -11.3% $135 / Sq Ft
11/17/2016 11/17/16 Pending -- -- --
11/03/2016 11/03/16 For Sale $129,950 -- $152 / 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 $3,059 $262,000 $38,000 $224,000
2023 $3,031 $274,000 $26,400 $247,600
2022 $2,415 $253,000 $24,700 $228,300
2021 $2,231 $210,000 $23,100 $186,900
2020 $2,059 $182,000 $23,100 $158,900
2018 $1,684 $132,000 $13,200 $118,800
2017 $1,403 $115,000 $13,200 $101,800
2016 $1,344 $95,000 $13,200 $81,800
2015 $1,099 $87,000 $13,200 $73,800
2014 -- $72,000 $13,200 $58,800
2013 -- $52,000 $13,200 $38,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2296414

Northwest Multiple Listing Service (NWMLS)

APN: 500790-1440