NOT LISTED FOR SALE

31815 48th Cir SW Unit 1B Federal Way, WA 98023

Twin Lakes Neighborhood

Estimated Value: $538,000 - $655,428

3 Beds
2.5 Baths
2,240 Sq Ft
$272/Sq Ft Est. Value

Last Sold December 29, 2022

Last sale price $535,000 $239 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,326/month

183 Days on Market

Highlights

  • Senior Community
  • Cul-De-Sac
  • Central Air
  • Wood Flooring
  • Views
  • Garage

About This Home

As of December 2022

Immaculate, Luxurious Townhome in PALISADES at DASHPOINT a gated 55+ community. All 1 level living with primary bedroom, large walk-in closet, remodeled bath/walk-in shower, 20 ft ceilings in Great Room, Trex Deck, dining area & kitchen (new refrigerator & dishwasher), hardwood floors, guest bath, cozy den, laundry (new washer/dryer), complete the main floor living area. Second primary bedroom with outdoor deck, full bath & 3rd bedroom located on 2nd level. Perfect privacy to visiting guests. Rare two car garage! Great storage throughout home. Lovely quiet area. Well-run, well-maintained community with reasonable monthly dues. Priced below Market Value. Close to Twin Lakes Golf and Country Club, Dash Point State Park and shopping.

Last Agent to Sell the Property

Paula Huse

Berkshire Hathaway HS NW License #7665 Listed on: 06/01/2022

Berkshire Hathaway HS NW

Last Buyer's Agent

Toni Hoffman

Windermere Real Estate/East License #52225

Windermere Real Estate/East

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1943226

Northwest Multiple Listing Service (NWMLS)

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,700

Year Built

  • Built in 2000

Lot Details

  • Cul-De-Sac
  • South Facing Home

HOA Fees

  • $330 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,240 Sq Ft Home
  • 2-Story Property
  • Property Views

Flooring

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

Bedrooms and Bathrooms

Utilities

  • Central Air
  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number 6613200350

Community Details

Overview

  • Senior Community
  • Association fees include road maintenance
  • 40 Units
  • Bob Wroblewski Association
  • Secondary HOA Phone (253) 874-5205
  • The Palisades At Dash Point Condos
  • Dash Point Subdivision
  • Park Phone (206) 212-2244 | Manager Byron Hiller

Pet Policy

  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,700

Year Built

Built in 2000

Lot Details

0

HOA Fees

$330 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 32 - Townhouse
  • Year Built: 2000
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Townhouse
  • Building Name: The Palisades at Dash Point
  • Unit Levels: Multi/Split
  • New Construction: No
  • CalculatedSquareFootage: 2240
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 0
  • RemodeledUpdated: true
  • Special Features: VirtualTour
  • Cumulative Days on Market: 1,041

Interior Features

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Vinyl, Carpet
  • Interior Amenities: Central A/C, Forced Air, Ceramic Tile, Hardwood, Wall to Wall Carpet, Water Heater
  • Main Level Bedrooms: 1
  • Stories: 2
  • Bathrooms: 2.25
  • BathsFullMain: 0
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 1
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 2
  • StorageLocation: Double Garage
  • WindowCoverings: Stay

Exterior Features

  • Roof: Composition
  • View: See Remarks
  • Lot Features: Cul-De-Sac, Curbs, Paved
  • View: Yes
  • Waterfront: No
  • Direction Faces: South
  • Exterior Features: Metal/Vinyl
  • Structure Type: Townhouse
  • ViewFrom: Rooftop Deck

Garage/Parking

  • Carport Y N: No
  • Garage Yn: Yes
  • Parking Features: Individual Garage

Utilities

  • Cooling Y N: Yes
  • Utilities: Electricity Available, Natural Gas Connected, Road Maintenance
  • HeatingCoolingType: Central A/C,Forced Air
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Gas

Condo/Co-op/Association

  • Community Features: Age Restriction
  • Park Manager Name: Byron Hiller
  • Park Manager Phone: 206-212-2244
  • Senior Community: Yes
  • Association Fee: 330
  • Association Fee Frequency: Monthly
  • Phone: 253-874-5205
  • Association: Yes
  • Pets Allowed: Cats OK, Dogs OK
  • AssociationContactName: Bob Wroblewski
  • CommonPropertyFeatures: Age Restriction

Fee Information

  • Association Fee Includes: Road Maintenance

Schools

  • Junior High Dist: Federal Way
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 6613200350
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Public Records
  • MLSSquareFootageSource: Public Records

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • RentalCap: No Rentals
  • ShortTermRentalYN: false

Tax Info

  • Year: 2022
  • Tax Annual Amount: 5700

Multi Family

  • Number Of Units In Community: 40
  • EnergySource: Electric,Natural Gas
  • UnitsInBuildingTotal: 3

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2022
Closed on
Dec 22, 2022
Sold by
Jones Family Trust
Bought by
Regalado Ronald Dean and Regalado Kathryn
Seller's Agent
Paula Huse
Berkshire Hathaway HS NW
Buyer's Agent
Toni Hoffman
Windermere Real Estate/East
List Price
$600,000
Sold Price
$535,000
Premium/Discount to List
-$65,000
-10.83%
Total Days on Market
183
Views
4
Current Estimated Value
$610,357

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,357
Avg. Annual Appreciation
5.57%
Original Mortgage
$195,000
Outstanding Balance
$189,992
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$420,365

Purchase Details

Closed on
Jul 21, 2015
Sold by
Stewart Audrey D
Bought by
Jones Julie E and Jones Family Trust

Purchase Details

Closed on
Jun 16, 2002
Sold by
Tycon Inc
Bought by
Stewart Audrey D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,200
Interest Rate
5.25%
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
Regalado Ronald Dean $535,000 Equity Title
Jones Julie E $345,000 Stewart Title
Stewart Audrey D $284,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Regalado Ronald Dean $195,000
Previous Owner Stewart Audrey D $227,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2022 12/29/22 Sold $535,000 -10.8% $239 / Sq Ft
12/01/2022 12/01/22 Pending -- -- --
10/26/2022 10/26/22 For Sale $600,000 +12.1% $268 / Sq Ft
10/25/2022 10/25/22 Off Market $535,000 -- --
10/12/2022 10/12/22 Price Changed $600,000 -7.7% $268 / Sq Ft
09/26/2022 09/26/22 For Sale $650,000 0.0% $290 / Sq Ft
08/29/2022 08/29/22 Pending -- -- --
08/19/2022 08/19/22 Price Changed $650,000 -5.7% $290 / Sq Ft
07/09/2022 07/09/22 Price Changed $689,000 -5.0% $308 / Sq Ft
06/13/2022 06/13/22 Price Changed $725,000 -2.7% $324 / Sq Ft
06/01/2022 06/01/22 For Sale $745,000 -- $333 / 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 $6,830 $629,000 $86,800 $542,200
2023 $5,581 $655,000 $64,400 $590,600
2022 $5,700 $566,000 $56,000 $510,000
2021 $5,839 $503,000 $56,000 $447,000
2020 $5,473 $485,000 $56,000 $429,000
2018 $5,783 $446,000 $44,800 $401,200
2017 $5,247 $406,000 $28,900 $377,100
2016 $4,309 $368,000 $42,000 $326,000
2015 -- $288,000 $28,000 $260,000
2014 -- $259,000 $28,000 $231,000
2013 -- $229,000 $28,000 $201,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1943226

Northwest Multiple Listing Service (NWMLS)

APN: 661320-0350