NOT LISTED FOR SALE

31734 48th Ln SW Unit D Federal Way, WA 98023

Twin Lakes Neighborhood

Estimated Value: $319,000 - $354,000

2 Beds
2 Baths
1,066 Sq Ft
4.09 Acres

Last Sold September 15, 2020

Last sale price $236,000 $221 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $2,195/month

7 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Garage
  • 1 Fireplace

About This Home

As of September 2020

Rare one-story end unit in the beautiful community of Smokey Tree Condominiums. This unit has a nice sized kitchen open to the living room with vaulted ceilings and a welcoming brick fireplace. Two good-sized bedrooms and two full baths, attached garage with washer and dryer. There is new carpet and paint throughout. Kitchen & baths need some updating. Everything is ready to welcome a new owner.

Last Agent to Sell the Property

Neil Asay

Kelly Right RE of Seattle LLC License #129770 Listed on: 07/30/2020

Kelly Right RE of Seattle LLC

Co-Listed By

Katrina Asay

Mountain View Realty Group License #41977

Last Buyer's Agent

Maria Kuehlthau

Coldwell Banker Danforth License #121631

Coldwell Banker Danforth

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1639955

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,669

Year Built

  • Built in 1980

Lot Details

  • 4.09

Home Design

  • Composition Roof
  • Wood Composite

Interior Spaces

  • 1 Fireplace

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Uncovered Parking

Listing and Financial Details

  • Assessor Parcel Number 7843000380

Community Details

Overview

  • Federal Way Community

Pet Policy

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,669

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 32 - Townhouse
  • Entrance Level: Main
  • Unit Floor Number: 1
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Hardwood, Laminate, Wall To Wall Carpet
  • Appliance Hookups: Cooking-Electric, Dryer-Electric, Washer
  • Appliances That Stay: Dishwasher, Dryer, 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
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 1066

Exterior Features

  • Exterior: Wood Products
  • Roof: Composition

Garage/Parking

  • Numberof Assigned Spaces: 2
  • Parking Type: Individual Garage, Uncovered

Utilities

  • Heating And Cooling: Baseboard

Condo/Co-op/Association

  • HOA Fees: 438
  • Community Name: Federal Way
  • Project: Smoke Tree Division One
  • Cats And Dogs: Subj To Restrictions
  • Manager Contact Information: Matt Brown (425) 562-1200
  • Common Property Features: Cable Tv, Club House, Game/Rec Rm, Pool-Outdoor
  • Home Owner Dues Included: Cable Tv, Common Area Maintenance
  • Unit Features: Alarm System, Balcony/Deck/Patio, End Unit, Ground Floor, Master Bath, Vaulted Ceilings

Schools

  • School District: FED

Lot Info

  • Lot Details: Corner Lot
  • Parcel Number: 7843000380

Tax Info

  • Tax Amount: 2357

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2020
Closed on
Sep 2, 2020
Sold by
Luce Kenyon E and Estate Of Karen R Hartman
Bought by
Mcdonald Kelly
Seller's Agent
Neil Asay
Kelly Right RE of Seattle LLC
Buyer's Agent
Maria Kuehlthau
Coldwell Banker Danforth
List Price
$235,000
Sold Price
$236,000
Premium/Discount to List
$1,000
0.43%
Total Days on Market
7
Current Estimated Value
$336,437

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,437
Avg. Annual Appreciation
7.80%
Original Mortgage
$241,428
Outstanding Balance
$216,669
Interest Rate
2.9%
Mortgage Type
VA
Estimated Equity
$119,768

Purchase Details

Closed on
Nov 16, 1987
Sold by
Great Nw Federal S & L
Bought by
Hartman Karen R
Source: Public Records

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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
Mcdonald Kelly $236,000 None Available
Hartman Karen R $58,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcdonald Kelly $241,428
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2020 09/15/20 Sold $236,000 +0.4% $221 / Sq Ft
08/06/2020 08/06/20 Pending -- -- --
07/30/2020 07/30/20 For Sale $235,000 -- $220 / 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 $3,669 $316,000 $51,400 $264,600
2023 $3,040 $302,000 $37,000 $265,000
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

  • Neil Asay

    Seller's Agent in 2020

    Neil Asay

    Kelly Right RE of Seattle LLC

    (253) 224-0312

    1 in this area

    18 Total Sales

    Neil Asay
    Section Image

  • K

    Seller Co-Listing Agent in 2020

    Katrina Asay

    Mountain View Realty Group

    (253) 332-8483

    1 in this area

    27 Total Sales

    Katrina Asay
    Section Image
  • Maria Kuehlthau

    Buyer's Agent in 2020

    Maria Kuehlthau

    Coldwell Banker Danforth

    (253) 332-4712

    2 in this area

    67 Total Sales

    Maria Kuehlthau
    Section Image
  • Whitnee Dolce

    Buyer Co-Listing Agent in 2020

    Whitnee Dolce

    Bushnell Real Estate Solutions

    (206) 370-4153

    2 in this area

    29 Total Sales

    Whitnee Dolce
    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1639955

Northwest Multiple Listing Service (NWMLS)

APN: 784300-0380

Washington King County Federal Way 98023 Twin Lakes

31734 48th Ln SW Unit D, Federal Way, WA

This home is located at 31734 48th Ln SW Unit D, Federal Way, WA 98023 since 30 July 2020 and is currently estimated at $336,437, approximately $315 per square foot. This property was built in 1980. 31734 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) 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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