NOT LISTED FOR SALE

31833 48th Cir SW Federal Way, WA 98023

Twin Lakes Neighborhood

Estimated Value: $544,000 - $617,000

2 Beds
2 Baths
1,670 Sq Ft
10 Acres

Last Sold April 25, 2014

Last sale price $325,000 $195 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $3,790/month

8 Days on Market

Highlights

  • Contemporary Architecture
  • Wood Flooring
  • Garage
  • Territorial View
  • Cul-De-Sac

About This Home

As of April 2014

The Palisades at Dash Point! One of King County's Premier gated communities for Adults 55+. Spacious, well appointed open floor plan - all on one level. Can be 3 bedroom or 2 bedroom w/ den. Updates include: Kitchen/island counter tops edged with granite, storage space above garage (pull down ladder), extended outdoor patio, upgraded carpeting/additional hardwood floors, tile flooring in both bathrooms, upper cabinets add in laundry, screen door on slider, and convenient floor plug living room.

Last Agent to Sell the Property

Al Franzen

Marketplace Sotheby's Intl Rty Listed on: 03/14/2014

Co-Listed By

Cindy Kourkos

Windermere RE/Lake Tapps, Inc License #107182

Last Buyer's Agent

Rhonda Calabrese

John L. Scott, Inc License #49803

John L. Scott, Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM595475

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,129

Year Built

  • Built in 2000

Lot Details

  • Cul-De-Sac

Parking

  • Garage

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Territorial Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

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

Laundry

  • Dryer
  • Washer

Community Details

  • Pets Allowed

Listing and Financial Details

  • Assessor Parcel Number 6613200310

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,129

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: Condo (1 Level)
  • Architecture: Contemporary
  • Entrance Level: Main
  • Year Built: 2000
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Ceramic Tile, Hardwood, Vinyl, Wall To Wall Carpet
  • Appliance Hookups: Dryer-Electric, Washer
  • 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
  • Den or Office: Main
  • Dining Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Storage: Garage
  • Estimated Sq Ft: 1670
  • Window Coverings: Stay

Exterior Features

  • Exterior: Metal/Vinyl
  • Roof: Composition
  • View: Territorial

Garage/Parking

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

Utilities

  • Heating And Cooling: Forced Air
  • Water Heater: Garage-Gas

Condo/Co-op/Association

  • Numberof Units in Building: 1
  • HOA Fees: 258
  • Cats And Dogs: No Restrictions
  • Manager Contact Information: Monica
  • Association Contact: Targa Management
  • Common Property Features: Age Restriction, Cable Tv, Disabled Access
  • Home Owner Dues Included: Common Area Maintenance
  • Unit Features: Insulated Windows, Master Bath, Walk-In Closet

Schools

  • Elementary School: Twin Lakes Elem
  • Middle School: Lakota Mid Sch
  • High School: Decatur High
  • School District: FED

Lot Info

  • Lot Details: Cul-De-Sac, Curbs, Paved Street
  • Parcel Number: 6613200310

Tax Info

  • Tax Amount: 3477

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2014
Closed on
Apr 11, 2014
Sold by
Andersen Rosemary
Bought by
Sutton Edward and Sutton Mary
Seller's Agent
Al Franzen
Marketplace Sotheby's Intl Rty
Buyer's Agent
Rhonda Calabrese
John L. Scott, Inc
List Price
$312,000
Sold Price
$325,000
Premium/Discount to List
$13,000
4.17%
Total Days on Market
8
Current Estimated Value
$584,255

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$259,255
Avg. Annual Appreciation
5.39%
Original Mortgage
$249,600
Interest Rate
4.32%
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
Sutton Edward $312,000 Ticor National
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sutton Edward $183,000
Closed Sutton Edward T $200,000
Closed Sutton Edward $249,600
Previous Owner Andersen Rosemary $238,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2014 04/25/14 Sold $325,000 +4.2% $195 / Sq Ft
03/23/2014 03/23/14 Pending -- -- --
03/14/2014 03/14/14 For Sale $312,000 -- $187 / 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 $6,129 $565,000 $86,800 $478,200
2023 $4,905 $599,000 $64,400 $534,600
2022 $5,162 $495,000 $56,000 $439,000
2021 $5,301 $454,000 $56,000 $398,000
2020 $4,960 $439,000 $56,000 $383,000
2018 $5,128 $373,000 $44,800 $328,200
2017 $4,314 $359,000 $28,900 $330,100
2016 $3,829 $301,000 $42,000 $259,000
2015 -- $255,000 $28,000 $227,000
2014 -- $213,000 $28,000 $185,000
2013 -- $197,000 $28,000 $169,000
Source: Public Records

Agents Affiliated with this Home

  • Al Franzen

    Seller's Agent in 2014

    Al Franzen

    Marketplace Sotheby's Intl Rty

    Section Image
  • Cindy Kourkos

    Seller Co-Listing Agent in 2014

    Cindy Kourkos

    Windermere Corporate

    (253) 441-5162

    5 Total Sales

    Cindy Kourkos
    Section Image
  • Rhonda Calabrese

    Buyer's Agent in 2014

    Rhonda Calabrese

    John L Scott

    (253) 332-9957

    22 Total Sales

    Rhonda Calabrese
    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM595475

Northwest Multiple Listing Service (NWMLS)

APN: 661320-0310

Washington King County Federal Way 98023 Twin Lakes

31833 48th Cir SW, Federal Way, WA

This home is located at 31833 48th Cir SW, Federal Way, WA 98023 since 14 March 2014 and is currently estimated at $584,255, approximately $349 per square foot. This property was built in 2000. 31833 48th Cir SW 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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