NOT LISTED FOR SALE

31865 48th Cir SW Federal Way, WA 98023

Twin Lakes Neighborhood

Estimated Value: $627,000 - $686,518

3 Beds
3 Baths
2,240 Sq Ft
10 Acres

Last Sold April 06, 2016

Last sale price $365,000 $163 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $4,063/month

77 Days on Market

Highlights

  • Secluded Lot
  • Wood Flooring
  • Open Space
  • Territorial View
  • 1 Fireplace
  • Garage

About This Home

As of April 2016

Original Model Home in Gated 55 + Community with Master & Den on Main, plus two more large bedrooms upstairs. Upgrades include two decks, granite counter tops, air conditioning, built-in book shelves, hardwood floors, built in vacuum, new carpet, & unfinished insulted basement for storage and workshop. This better than new condo features a rear deck that overlooks natural treed open space for serenity & total privacy. Upper deck over 2 car garage allows for roof top privacy & western exposure.

Last Agent to Sell the Property

Susie Horan

Berkshire Hathaway HS NW License #39378 Listed on: 12/12/2015

Berkshire Hathaway HS NW

Last Buyer's Agent

Brook Guinn

Keller Williams Realty PS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM875597

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,885

Year Built

  • Built in 2000

Lot Details

  • Open Space

Parking

  • Garage

Home Design

  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Blinds
  • Territorial Views
  • Dryer

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

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

Listing and Financial Details

  • Assessor Parcel Number 6613200100

Community Details

Overview

  • 3 Units
  • Federal Way Community

Pet Policy

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,885

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 31 - Condo (2 Levels)
  • Entrance Level: Main
  • Unit Floor Number: 1
  • 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
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 1
  • Bathrooms: 2.50
  • Total Full Bathrooms: 2
  • 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
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 2240
  • Window Coverings: Blinds

Exterior Features

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

Garage/Parking

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

Utilities

  • Heating And Cooling: Central A/C, Forced Air
  • Water Heater: garage-gas

Condo/Co-op/Association

  • Numberof Units in Building: 3
  • Numberof Units In Complex: 40
  • HOA Fees: 264
  • Community Name: Federal Way
  • Project: Palisades at Dash Point
  • Cats And Dogs: Subj To Restrictions
  • Manager Contact Information: Monika Bryant (253) 952-2242
  • Association Contact: Targa
  • Common Property Features: Age Restriction, Cable Tv, High Speed Int Avail, Outside Entry, Security Gate
  • Home Owner Dues Included: Road Maintenance, Common Area Maintenance, Lawn Service
  • Unit Features: Balcony/Deck/Patio, Central Vacuum, Ground Floor, Insulated Windows, Master Bath, Skylights, Vaulted Ceilings, Walk-In Closet, Yard

Schools

  • School District: FED

Lot Info

  • Lot Details: Curbs, Open Space, Paved Street, Secluded, Sidewalk
  • Parcel Number: 6613200100

Tax Info

  • Tax Amount: 4309

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2015
Closed on
Mar 29, 2016
Sold by
Scott Nadine G
Bought by
Ohira Franklin T
Seller's Agent
Susie Horan
Berkshire Hathaway HS NW
Buyer's Agent
Brook Guinn
Keller Williams Realty PS
List Price
$385,000
Sold Price
$365,000
Premium/Discount to List
-$20,000
-5.19%
Total Days on Market
77
Current Estimated Value
$657,380

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$292,380
Avg. Annual Appreciation
6.35%
Original Mortgage
$230,000
Interest Rate
3.62%

Purchase Details

Closed on
Jul 1, 2010
Sold by
Scott G Nadine
Bought by
Scott G Nadine

Purchase Details

Closed on
Sep 20, 2001
Sold by
Tycon Inc
Bought by
Scott Jack and Scott Nadine
Source: Public Records

Range of Values:

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Average Value
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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
Ohira Franklin T $365,000 Stewart Title
Scott G Nadine -- None Available
Scott Jack $335,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ohira Franklin T $210,500
Closed Ohira Franklin T $230,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2016 04/06/16 Sold $365,000 0.0% $163 / Sq Ft
02/28/2016 02/28/16 Pending -- -- --
01/23/2016 01/23/16 Price Changed $365,000 -3.8% $163 / Sq Ft
01/12/2016 01/12/16 Price Changed $379,500 -1.4% $169 / Sq Ft
12/12/2015 12/12/15 For Sale $385,000 -- $172 / 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 $6,885 $635,000 $86,800 $548,200
2023 $5,638 $659,000 $64,400 $594,600
2022 $5,755 $572,000 $56,000 $516,000
2021 $5,886 $508,000 $56,000 $452,000
2020 $5,532 $489,000 $56,000 $433,000
2018 $5,783 $446,000 $44,800 $401,200
2017 $5,414 $406,000 $28,900 $377,100
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

  • Susie Horan

    Seller's Agent in 2016

    Susie Horan

    Berkshire Hathaway HomeServices Northwest Real Estate

    (206) 227-3900

    6 in this area

    50 Total Sales

    Susie Horan
    Section Image

  • B

    Buyer's Agent in 2016

    Brook Guinn

    Keller Williams Realty PS

See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM875597

Northwest Multiple Listing Service (NWMLS)

APN: 661320-0100

Washington King County Federal Way 98023 Twin Lakes

31865 48th Cir SW, Federal Way, WA

This home is located at 31865 48th Cir SW, Federal Way, WA 98023 since 12 December 2015 and is currently estimated at $657,380, approximately $293 per square foot. This property was built in 2000. 31865 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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