Listed by John L. Scott Everett, Bought with Asay Realty
$139,875
SOLD OCT 1, 2015

31723 48th Ln SW Unit C Federal Way, WA 98023

Twin Lakes Neighborhood
3 Beds
3 Baths
1,226 Sq Ft
4.09 Acres

Recently Sold

$114 Per Sq Ft

2% Below List Price

11 Days on Market

Highlights

  • Territorial View
  • 1 Fireplace
  • Wood Siding
  • Wood Flooring
  • Garage

About This Home

As of November 2018

Super cute HUD condo! 3 bed/2.5 baths near Dash Point. The complex features a pool, sports court & clubhouse. Great floor plan and great location! Fenced patio/deck area. Balcony off master. Spacious living & dining. Private feel. Tons of potential! Come and see! FHA Case# 566-012665 (IE). No investors at this time please.

Last Agent to Sell the Property

Adrienne Gillis

John L. Scott Everett License #22338 Listed on: 07/09/2015

John L. Scott Everett

Last Buyer's Agent

Sarah Asay

Asay Realty License #26714

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM816965

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,744

Year Built

  • Built in 1980

Parking

  • Garage

Home Design

  • Composition Roof
  • Wood Siding
  • Stucco
  • Wood Composite

Interior Spaces

  • 1 Fireplace
  • Territorial Views

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Listing and Financial Details

  • Assessor Parcel Number 7843000230

Community Details

Overview

  • Dash Point Community

Pet Policy

  • Pets allowed on a case-by-case basis
  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,744

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 32 - Townhouse
  • Entrance Level: Main
  • Year Built: 1980
  • Special Features: 20
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Ceramic Tile, Hardwood, Vinyl, Wall To Wall Carpet
  • Appliance Hookups: Cooking-Electric, Dryer-Electric, Washer
  • Appliances That Stay: Dishwasher, Garbage Disposal, Refrigerator
  • Bedrooms: 3.00
  • Bathrooms: 2.50
  • Total Full Bathrooms: 2
  • Total Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplace Type: Wood
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Dining Room: Main
  • Kitchen: Main
  • Living Room: Main
  • Estimated Sq Ft: 1226

Exterior Features

  • Exterior: Stucco, Wood, Wood Products
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Parking Type: Individual Garage

Utilities

  • Heating And Cooling: Baseboard

Condo/Co-op/Association

  • HOA Fees: 400
  • Community Name: Dash Point
  • Project: Smoke Tree
  • Cats And Dogs: Subj To Restrictions
  • Manager Contact Information: John @ Ext 144 (425) 562-1200
  • Common Property Features: Cable Tv, Club House, Exercise Room, Game/Rec Rm, Pool-Outdoor
  • Home Owner Dues Included: Cable Tv, Garbage, Water/Sewer, Common Area Maintenance, Lawn Service
  • Unit Features: Balcony/Deck/Patio, Ground Floor, Master Bath

Schools

  • School District: FED

Lot Info

  • Lot Details: Paved Street
  • Parcel Number: 7843000230

Tax Info

  • Tax Amount: 2051

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 8, 2022
Sold by
Norwood John L
Bought by
Wickliff-Norwood Cindy J
Total Days on Market
11
Current Estimated Value
$361,253

Purchase Details

Listed on
Sep 15, 2018
Closed on
Oct 23, 2018
Sold by
Zanders Julius
Bought by
Norwood John L and Wickliff Norwood Cindy J
Seller's Agent
Sarah Asay
Asay Realty
Buyer's Agent
Victoria Gulsvig
Windermere RE/Maple Valley
List Price
$225,000
Sold Price
$200,000
Premium/Discount to List
-$25,000
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.45%

Purchase Details

Listed on
Jul 9, 2015
Closed on
Sep 30, 2015
Sold by
Secretary Of Housing & Urban Development
Bought by
Zanders Julius
Seller's Agent
Adrienne Gillis
John L. Scott Everett
Buyer's Agent
Sarah Asay
Asay Realty
List Price
$143,000
Sold Price
$139,875
Premium/Discount to List
-$3,125
-2.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.10%
Original Mortgage
$137,341
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 9, 2015
Closed on
Sep 9, 2015
Sold by
Zanders Beatriz
Bought by
Zanders Julius
Seller's Agent
Adrienne Gillis
John L. Scott Everett
Buyer's Agent
Sarah Asay
Asay Realty
List Price
$143,000
Sold Price
$139,875
Premium/Discount to List
-$3,125
-2.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,341
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 3, 2015
Sold by
Bank Of America Na
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Jun 3, 2014
Sold by
Solomon Carmen M
Bought by
Bank Of America Na

Purchase Details

Closed on
May 12, 2014
Sold by
Solomon Carmen M and Solomon John Doe
Bought by
Twin Forest Communications Organization

Purchase Details

Closed on
Jan 24, 2014
Sold by
Solomon Carmen M and Solomon John Doe
Bought by
Twin Forest Communications Organization and Smoke Tree One Condominium Association

Purchase Details

Closed on
Dec 1, 2006
Sold by
Nicosia Brian M and Nicosia Kelly Leigh
Bought by
Solomon Carmen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,452
Interest Rate
6.38%
Mortgage Type
FHA

Purchase Details

Closed on
May 14, 2002
Sold by
Black Gerald R and Black Joann B
Bought by
Nicosia Brian M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,840
Interest Rate
7.13%

Purchase Details

Closed on
Mar 16, 1989
Sold by
Black Gerald R
Bought by
Black Gerald R and Black Joann B
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 Type Sale Price Title Company
Quit Claim Deed $313 None Listed On Document
Warranty Deed $200,000 First American Title
Special Warranty Deed -- Ticor National
Interfamily Deed Transfer -- Ticor National
Warranty Deed -- First American Title Ins Co
Trustee Deed $133,500 Nextitle
Sheriffs Deed $15,950 None Available
Sheriffs Deed $15,950 None Available
Warranty Deed $227,000 The Talon Grou
Warranty Deed $148,550 Lawyers Title Agency
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $60,000 New Conventional
Previous Owner $137,341 FHA
Previous Owner $224,900 FHA
Previous Owner $224,416 FHA
Previous Owner $223,452 FHA
Previous Owner $25,000 Credit Line Revolving
Previous Owner $118,840 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2018 11/15/18 Sold $200,000 -7.0% $156 / Sq Ft
10/11/2018 10/11/18 Pending -- -- --
10/09/2018 10/09/18 Price Changed $215,000 -4.4% $167 / Sq Ft
09/15/2018 09/15/18 For Sale $225,000 +60.9% $175 / Sq Ft
10/01/2015 10/01/15 Sold $139,875 -2.2% $114 / Sq Ft
07/21/2015 07/21/15 Pending -- -- --
07/09/2015 07/09/15 For Sale $143,000 -- $117 / 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 $3,744 $318,000 $54,400 $263,600
2023 $3,306 $353,000 $39,200 $313,800
2022 $3,170 $330,000 $34,800 $295,200
2021 $2,854 $275,000 $30,500 $244,500
2020 $2,590 $232,000 $30,500 $201,500
2018 $2,789 $206,000 $26,100 $179,900
2017 $2,451 $193,000 $26,100 $166,900
2016 $2,495 $169,000 $26,100 $142,900
2015 -- $165,000 $26,100 $138,900
2014 -- $178,000 $26,100 $151,900
2013 -- $125,000 $26,100 $98,900
Source: Public Records

Agents Affiliated with this Home

  • Sarah Asay

    Seller's Agent in 2018

    Sarah Asay

    Asay Realty

    (206) 310-0683

    2 in this area

    138 Total Sales

    Sarah Asay
    Section Image
  • Trevor Asay

    Seller Co-Listing Agent in 2018

    Trevor Asay

    Asay Realty

    (206) 653-4555

    1 in this area

    39 Total Sales

    Trevor Asay
    Section Image
  • Victoria Gulsvig

    Buyer's Agent in 2018

    Victoria Gulsvig

    Windermere Corporate

    (206) 818-8038

    7 Total Sales

    Victoria Gulsvig
    Section Image
  • Adrienne Gillis

    Seller's Agent in 2015

    Adrienne Gillis

    John L Scott

    (425) 334-7522

    15 Total Sales

    Adrienne Gillis
    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM816965

Northwest Multiple Listing Service (NWMLS)

APN: 784300-0230

Washington King County Federal Way 98023 Twin Lakes

31723 48th Ln SW Unit C, Federal Way, WA

This home is located at 31723 48th Ln SW Unit C, Federal Way, WA 98023 and is currently priced at $139,875, approximately $114 per square foot. This property was built in 1980. 31723 48th Ln SW Unit C is a home located in King County with nearby schools including Twin Lakes Elementary School, Lakota Middle School, and Decatur High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. ©2025 NWMLS.

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