NOT LISTED FOR SALE

31859 48th Ln SW Unit 15 B Federal Way, WA 98023

Twin Lakes Neighborhood

Estimated Value: $620,000 - $698,621

3 Beds
1 Bath
2,240 Sq Ft
10 Acres

Last Sold June 27, 2017

Last sale price $405,500 $181 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $4,017/month

5 Days on Market

Highlights

  • Craftsman Architecture
  • Wood Flooring
  • Garage
  • Territorial View
  • 1 Fireplace

About This Home

As of June 2017

Welcome to the Palisades at Dash Point 55+ gated community. Townhouse lives like a rambler w/ extra living up. Expansive great rm on main w/ 20' vaulted ceilings, skylights and Maple flrs. Chefs Kitchen w/ eating bar, gas cook top, granite counter tops and SS Appliances. Master suite on main. Den, 1/2 bath and laundry room. 2 large bdrms with access to aprox 20x20 sundeck over garage and 3/4 bath on upper level. Large Trex deck over looks green belt. Lrg basement sq. ft. not included in 2,240

Last Agent to Sell the Property

Marjorie Hering

Windermere RE South Sound, Inc Listed on: 06/02/2017

Last Buyer's Agent

Wendy Burney

Windermere RE West Campus Inc License #28283

Windermere RE West Campus Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1135992

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,068

Year Built

  • Built in 2000

Lot Details

  • 10

Parking

  • Garage

Home Design

  • Craftsman Architecture
  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 1 Bathroom
  • 1 Fireplace
  • Territorial Views

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

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

Laundry

  • Dryer
  • Washer

Listing and Financial Details

  • Assessor Parcel Number 6613200190

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

$7,068

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 32 - Townhouse
  • Architecture: Craftsman
  • 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-Gas, Dryer-Electric, Washer
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 1
  • Bathrooms: 2.25
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Half Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Main
  • Fireplace Type: Gas
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Den or Office: Main
  • Dining Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Storage: Basement
  • Estimated Sq Ft: 2240
  • 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

  • HOA Fees: 290
  • Community Name: Federal Way
  • Cats And Dogs: Subj To Restrictions
  • Manager Contact Information: Corina Corbett (253) 815-0390
  • Association Contact: Targa (253) 815-0393
  • Common Property Features: Age Restriction, High Speed Int Avail, Security Gate
  • Home Owner Dues Included: Road Maintenance, Common Area Maintenance, Lawn Service
  • Unit Features: Alarm System, Balcony/Deck/Patio, Central Vacuum, Disabled Access, Insulated Windows, Jetted/Soaking Tub, Master Bath, Vaulted Ceilings, Walk-In Closet, Yard

Schools

  • School District: FED

Lot Info

  • Lot Details: Paved Street, Sidewalk
  • Parcel Number: 6613200190

Tax Info

  • Tax Amount: 5414

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 9, 2024
Sold by
Goldsmith Edmund F
Bought by
Koch Mary Jensen
Total Days on Market
5
Current Estimated Value
$645,905

Purchase Details

Listed on
Jun 2, 2017
Closed on
Jun 20, 2017
Sold by
Iwashita Jenny
Bought by
Goldsmith Edmund F and Jensen Koch Mary
Seller's Agent
Marjorie Hering
Windermere RE South Sound, Inc
Buyer's Agent
Wendy Burney
Windermere RE West Campus Inc
List Price
$420,000
Sold Price
$405,500
Premium/Discount to List
-$14,500
-3.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.98%

Purchase Details

Closed on
Apr 26, 2016
Sold by
Quist Christine Miller
Bought by
Iwashita Jenny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,500
Interest Rate
3.71%

Purchase Details

Closed on
Apr 25, 2016
Sold by
Iwashita Kent Kenichi and Iwashita Jenny
Bought by
Iwashita Jenny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,500
Interest Rate
3.71%

Purchase Details

Closed on
May 4, 2006
Sold by
Clarkson Arthur B and Doralie Clarkson F
Bought by
Clarkson Arthur D and Clarkson Faith D
Source: Public Records

Range of Values:

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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
Koch Mary Jensen $313 None Listed On Document
Goldsmith Edmund F $405,500 Cw Title Co
Iwashita Jenny $377,500 Cw Title
Iwashita Jenny -- Cw Title
Clarkson Arthur D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Iwashita Jenny $277,500
Previous Owner Iwashita Jenny $277,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2017 06/27/17 Sold $405,500 -3.5% $181 / Sq Ft
06/08/2017 06/08/17 Pending -- -- --
06/02/2017 06/02/17 For Sale $420,000 -- $188 / 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 $7,068 $655,000 $86,800 $568,200
2023 $7,633 $701,000 $64,400 $636,600
2022 $6,007 $579,000 $56,000 $523,000
2021 $6,225 $531,000 $56,000 $475,000
2020 $5,882 $518,000 $56,000 $462,000
2018 $6,187 $446,000 $44,800 $401,200
2017 $5,414 $435,000 $28,900 $406,100
2016 $4,309 $380,000 $42,000 $338,000
2015 $3,794 $288,000 $28,000 $260,000
2014 -- $259,000 $28,000 $231,000
2013 -- $232,000 $28,000 $204,000
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2017

    Marjorie Hering

    Windermere RE South Sound, Inc

  • Wendy Burney

    Buyer's Agent in 2017

    Wendy Burney

    Windermere Real Estate / West Campus, Inc.

    (206) 387-8778

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1135992

Northwest Multiple Listing Service (NWMLS)

APN: 661320-0190

Washington King County Federal Way 98023 Twin Lakes

31859 48th Ln SW Unit 15 B, Federal Way, WA

This home is located at 31859 48th Ln SW Unit 15 B, Federal Way, WA 98023 since 02 June 2017 and is currently estimated at $645,905, approximately $288 per square foot. This property was built in 2000. 31859 48th Ln SW Unit 15 B 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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