NOT LISTED FOR SALE

31724 48th Ln SW Unit D Federal Way, WA 98023

Twin Lakes Neighborhood

Estimated Value: $338,644 - $345,000

2 Beds
2 Baths
1,063 Sq Ft
4.09 Acres

Last Sold October 15, 2018

Last sale price $210,000 $198 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $2,202/month

21 Days on Market

Highlights

  • Secluded Lot
  • 1 Fireplace
  • Wood Siding
  • Wood Flooring
  • Garage

About This Home

As of October 2018

Remodeled 2 bd, 2 bth corner unit in Smoketree Community! Mid Century modern design. Slate entry, vaulted ceilings & bamboo floors throughout! Cozy wood FP. Master bathroom w/new tile & double vanity. Full guest bath w/tile floor & new tile surround. All appliances stay. Attached 1-car garage & additional parking in driveway. Private backyard w/deck on greenbelt. Minutes from Dash Point Park! Well managed complex, mature landscaping, clubhouse w/swimming pool & space to rent for gatherings.

Last Agent to Sell the Property

Stephanie Lynch

Lynch Home Team License #24378 Listed on: 08/22/2018

Last Buyer's Agent

Edd Laville

Skyline Properties, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1349586

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,751

Year Built

  • Built in 1980

Lot Details

  • 4.09

Parking

  • Garage

Home Design

  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1 Fireplace

Kitchen

  • Oven or Range
  • <<microwave>>
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Slate Flooring
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Listing and Financial Details

  • Assessor Parcel Number 7843000280

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

$3,751

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 30 - Condo (1 Level)
  • Entrance Level: Main
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Ceramic Tile, Hardwood, Slate, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 2.00
  • Total Full Bathrooms: 2
  • Main Level Full Bathrooms: 2
  • Master Bedroom: Main
  • Fireplace Type: Wood
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Dining Room: Main
  • Kitchen: Main
  • Living Room: Main
  • Estimated Sq Ft: 1063

Exterior Features

  • Exterior: Stucco, Wood
  • Roof: Composition

Garage/Parking

  • Parking Type: Individual Garage

Utilities

  • Heating And Cooling: Baseboard

Condo/Co-op/Association

  • HOA Fees: 413
  • Community Name: Dash Point
  • Project: Smoke Tree Condominium
  • Cats And Dogs: Subj To Restrictions
  • Manager Contact Information: Matt Brown (360) 872-8211
  • Common Property Features: Cable Tv, Club House, Pool-Outdoor
  • Home Owner Dues Included: Cable Tv, Garbage, Water/Sewer, Common Area Maintenance
  • Unit Features: Balcony/Deck/Patio, End Unit, Ground Floor, Master Bath, Vaulted Ceilings

Schools

  • School District: FED

Lot Info

  • Lot Details: Paved Street, Secluded
  • Parcel Number: 7843000280

Tax Info

  • Tax Amount: 2496

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2018
Closed on
Oct 3, 2018
Sold by
Lopez Ricardo and Lopez Richard
Bought by
Oakes Colleen D
Seller's Agent
Stephanie Lynch
Lynch Home Team
Buyer's Agent
Edd Laville
Skyline Properties, Inc.
List Price
$210,000
Sold Price
$210,000
Current Estimated Value
$341,911

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,911
Avg. Annual Appreciation
8.04%
Original Mortgage
$168,000
Outstanding Balance
$148,587
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$205,650

Purchase Details

Closed on
Nov 4, 2009
Sold by
The Heirs & Devisees Of Tom Holmes and Tessier Dennis J
Bought by
Lopez Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,558
Interest Rate
4.83%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 27, 2005
Sold by
Hanson Susan L
Bought by
Holmes Tom

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
5.72%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 4, 2005
Sold by
Boyle Rachel
Bought by
Hanson Susan L

Purchase Details

Closed on
Nov 15, 1999
Sold by
Woodhouse Patricia E and Durbin Charles E
Bought by
Boyle Rachel

Purchase Details

Closed on
Sep 1, 1999
Sold by
Durbin Charles E
Bought by
Woodhouse Patricia E

Purchase Details

Closed on
Apr 12, 1999
Sold by
Durbin Charles E
Bought by
Woodhouse Patricia E

Purchase Details

Closed on
Mar 9, 1999
Sold by
Durbin Charles E
Bought by
Woodhouse Patricia E

Purchase Details

Closed on
Feb 22, 1999
Sold by
Durbin Charles E
Bought by
Woodhouse Patricia E

Purchase Details

Closed on
Jan 16, 1999
Sold by
Durbin Charles E
Bought by
Woodhouse Patricia E
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Oakes Colleen D $210,000 Fidelity National Title
Lopez Richard $190,000 Stewart Title
Holmes Tom $162,500 Stewart Title
Hanson Susan L $158,000 Stewart Title
Boyle Rachel $121,500 Evergreen Title Company Inc
Woodhouse Patricia E -- --
Woodhouse Patricia E -- --
Woodhouse Patricia E -- --
Woodhouse Patricia E -- --
Woodhouse Patricia E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oakes Colleen D $168,000
Previous Owner Lopez Richard $164,487
Previous Owner Lopez Richard $186,558
Previous Owner Holmes Tom $130,000
Previous Owner Hanson Susan L $126,400
Previous Owner Boyle Rachel $97,200
Closed Hanson Susan L $15,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2018 10/15/18 Sold $210,000 0.0% $198 / Sq Ft
09/12/2018 09/12/18 Pending -- -- --
08/31/2018 08/31/18 For Sale $210,000 0.0% $198 / Sq Ft
08/25/2018 08/25/18 Pending -- -- --
08/22/2018 08/22/18 For Sale $210,000 -- $198 / 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 $3,751 $325,000 $51,400 $273,600
2023 $3,040 $322,000 $37,000 $285,000
2022 $2,918 $302,000 $32,900 $269,100
2021 $2,609 $252,000 $28,800 $223,200
2020 $2,357 $211,000 $28,800 $182,200
2018 $2,496 $184,000 $24,600 $159,400
2017 $2,172 $172,000 $24,600 $147,400
2016 $2,248 $149,000 $24,600 $124,400
2015 $2,350 $148,000 $24,600 $123,400
2014 -- $159,000 $24,600 $134,400
2013 -- $115,000 $24,600 $90,400
Source: Public Records

Agents Affiliated with this Home

  • Stephanie Lynch

    Seller's Agent in 2018

    Stephanie Lynch

    Lynch Home Team

    (253) 203-8985

    2 in this area

    130 Total Sales

    Stephanie Lynch
    Section Image

  • E

    Buyer's Agent in 2018

    Edd Laville

    Skyline Properties, Inc.

    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1349586

Northwest Multiple Listing Service (NWMLS)

APN: 784300-0280

Washington King County Federal Way 98023 Twin Lakes

31724 48th Ln SW Unit D, Federal Way, WA

This home is located at 31724 48th Ln SW Unit D, Federal Way, WA 98023 since 22 August 2018 and is currently estimated at $341,911, approximately $321 per square foot. This property was built in 1980. 31724 48th Ln SW Unit D 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) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. 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. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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