NOT LISTED FOR SALE

31851 48th Cir SW Federal Way, WA 98023

Twin Lakes Neighborhood

Estimated Value: $428,000 - $613,000

2 Beds
2 Baths
1,670 Sq Ft
10 Acres

Last Sold February 20, 2015

Last sale price $312,000 $187 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $3,582/month

50 Days on Market

Highlights

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

About This Home

As of February 2015

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. Additional basement storage/shop area, not included in square footage. End unit, surrounded by greenbelt on 2 sides. Like New!! Original owners, only lived in condo 3 months out of the year.

Last Agent to Sell the Property

Al Franzen

Marketplace Sotheby's Intl Rty Listed on: 11/17/2014

Co-Listed By

Cindy Kourkos

Windermere RE/Lake Tapps, Inc License #107182

Last Buyer's Agent

Dan Haeg

Terry Wise & Associates License #23969

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM717620

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,029

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

Listing and Financial Details

  • Assessor Parcel Number 6613200230

Community Details

Overview

  • Dash Point Community

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,029

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 30 - 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: Cooking-Electric, 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

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: 261
  • Community Name: Dash Point
  • Project: Palisades
  • 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: Cable Tv, Common Area Maintenance
  • Unit Features: Alarm System, Disabled Access, End Unit, Ground Floor, Insulated Windows, Master Bath, Skylights, 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: 6613200230

Tax Info

  • Tax Amount: 3477

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 3, 2021
Sold by
Hummel Stanley Gordon
Bought by
Hummel Revocable Living Trust and Hummel
Current Estimated Value
$557,780

Purchase Details

Closed on
Oct 31, 2019
Sold by
Freeman Owen C and Freeman Janet E
Bought by
Freeman Owen C and Freeman Janet E

Purchase Details

Listed on
Nov 17, 2014
Closed on
Apr 20, 2015
Sold by
Freeman Owen C and Schlichten Janet E
Bought by
Owen & Janet Freeman Living Trust
Seller's Agent
Al Franzen
Marketplace Sotheby's Intl Rty
Buyer's Agent
Dan Haeg
Terry Wise & Associates
List Price
$312,000
Sold Price
$312,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.74%

Purchase Details

Listed on
Nov 17, 2014
Closed on
Feb 13, 2015
Sold by
Smith Mary Colleen Scarff
Bought by
Freeman Owen C and Schlichten Janet E
Seller's Agent
Al Franzen
Marketplace Sotheby's Intl Rty
Buyer's Agent
Dan Haeg
Terry Wise & Associates
List Price
$312,000
Sold Price
$312,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,600
Interest Rate
3.66%

Purchase Details

Closed on
Sep 8, 2011
Sold by
Scarff Carroll E
Bought by
Scarff Carroll E and The Credit Trust

Purchase Details

Closed on
Sep 20, 2001
Sold by
Tycon Inc
Bought by
Scarff Carroll and Scarff Virginia
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
Hummel Revocable Living Trust $313 None Listed On Document
Freeman Owen C -- None Available
Owen & Janet Freeman Living Trust -- None Available
Freeman Owen C $312,000 Ticor National
Scarff Carroll E -- None Available
Scarff Carroll $269,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Freeman Owen C $249,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2015 02/20/15 Sold $312,000 0.0% $187 / Sq Ft
01/07/2015 01/07/15 Pending -- -- --
11/17/2014 11/17/14 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 $6,029 $554,000 $86,800 $467,200
2023 $4,896 $566,000 $64,400 $501,600
2022 $4,997 $494,000 $56,000 $438,000
2021 $5,043 $439,000 $56,000 $383,000
2020 $4,727 $417,000 $56,000 $361,000
2018 $4,793 $373,000 $44,800 $328,200
2017 $4,453 $335,000 $28,900 $306,100
2016 $3,567 $311,000 $42,000 $269,000
2015 -- $237,000 $28,000 $209,000
2014 -- $213,000 $28,000 $185,000
2013 -- $200,000 $28,000 $172,000
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2015

    Al Franzen

    Marketplace Sotheby's Intl Rty

    Section Image
  • Cindy Kourkos

    Seller Co-Listing Agent in 2015

    Cindy Kourkos

    Windermere Corporate

    (253) 441-5162

    5 Total Sales

    Cindy Kourkos
    Section Image
  • Dan Haeg

    Buyer's Agent in 2015

    Dan Haeg

    Terry Wise & Associates

    (253) 377-8902

    19 Total Sales

    Dan Haeg
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM717620

Northwest Multiple Listing Service (NWMLS)

APN: 661320-0230

Washington King County Federal Way 98023 Twin Lakes

31851 48th Cir SW, Federal Way, WA

This home is located at 31851 48th Cir SW, Federal Way, WA 98023 since 17 November 2014 and is currently estimated at $557,780, approximately $334 per square foot. This property was built in 2000. 31851 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) 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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