Listed by Realogics Sotheby's Int'l Rlty
$575,000
$23K PRICE DROP

31867 48th Cir SW Unit 14A Federal Way, WA 98023

Twin Lakes Neighborhood

Estimated payment $3,956/month

Total Views 4,278
2 Beds
2 Baths
1,670 Sq Ft
$344 Price per Sq Ft

Highlights

  • Active Adult
  • Property is near public transit
  • Territorial View
  • Gated Community
  • Secluded Lot
  • Wood Flooring

About This Home

Wonderful, well kept gated community of Palisades at Dash Point, designed exclusively for active adults 55+. This charming enclave boasts meticulously built homes in a beautiful pristine setting. Features include open concept great room, a chef's kitchen and spacious living & dining areas where you will enjoy beautiful views of the park from a private deck. The primary ensuite is oversized with walk-in closet and 5 piece bath. Den off entry, spacious laundry room and 2-car garage w/storage. Bonus: Incredible 14'X40' crawlspace with 10' ceilings giving you another floor of fabulous storage! Located just minutes from shopping, great restaurants, walking paths, buslines, medical facilities, and of course our stunning nearby parks and beaches!

Listing Agent

Ramona Jones

Realogics Sotheby's Int'l Rlty License #15613 Listed on: 06/13/2025

Realogics Sotheby's Int'l Rlty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2392852

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,029

Year Built

  • Built in 2000

HOA Fees

  • $445 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Composition Roof
  • Stone Siding
  • Metal Construction or Metal Frame
  • Vinyl Construction Material
  • Stone

Interior Spaces

  • 1,670 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Skylights
  • Gas Fireplace
  • Territorial Views

Kitchen

  • Gas Oven or Range
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Electric Dryer
  • Washer

Location

  • Property is near public transit
  • Property is near a bus stop

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System

Additional Features

  • Balcony
  • West Facing Home
  • Number of ADU Units: 0

Listing and Financial Details

Community Details

Overview

  • Active Adult
  • Association fees include common area maintenance, earthquake insurance, lawn service, road maintenance
  • 40 Units
  • The Palisades @ Dash Point Condos
  • Dash Point Subdivision
  • Park Phone (206) 212-2244 | Manager Byron Hiller

Pet Policy

  • Dogs and Cats Allowed

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,029

Year Built

Built in 2000

Lot Details

0

HOA Fees

$445 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Year Built: 2000
  • Inclusions: Dishwasher(s),Dryer(s),Garbage Disposal,Leased Equipment,Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • MLS Status: Active
  • Prev Status: Active
  • Building Name: The Palisades @ Dash Point
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1670
  • SeniorExemption: false
  • DwellingType: Attached
  • RemodeledUpdated: true
  • UnitFeatures: Balcony/Deck/Patio,Central Vacuum,Skylights,Walk-in Closet
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing_results/NWMLS/2392852, https://www.workforce-resource.com/dpr/listing/NWMLS/2392852?w=Consumer&agent=8980
  • Special Features: None

Interior Features

  • Fireplaces: 1
  • Appliances: Dishwasher(s), Disposal, Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Hardwood, See Remarks, Vinyl, Carpet
  • Interior Amenities: Central Vacuum, Cooking-Gas, Dryer-Electric, Fireplace, Skylight(s), Walk-In Closet(s)
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Stories: 1
  • BathsFullMain: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher(s),Dryer(s),Garbage Disposal,Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • StorageLocation: Full height crawl space
  • WindowCoverings: Stay

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Paved, Secluded
  • View: Yes
  • Waterfront: No
  • Construction Type: Metal/Vinyl, Stone
  • Direction Faces: West
  • Exterior Features: Metal/Vinyl, Stone
  • Structure Type: Multi Family
  • BusLineNearby: true
  • ViewFrom: Unit
  • BusRouteNumber: 187

Garage/Parking

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

Utilities

  • Laundry Features: Electric Dryer Hookup
  • Security: Security Gate
  • Cooling: Central A/C
  • Cooling Y N: Yes
  • Heating: Forced Air, Heat Pump
  • Heating Yn: Yes
  • ApplianceHookups: Cooking-Gas,Dryer-Electric
  • PowerCompany: PSE
  • SewerCompany: Lakehaven
  • WaterCompany: City of Tacoma
  • CableConnected: Xfinity
  • InternetConnected: Xfinity

Condo/Co-op/Association

  • Community Features: Age Restriction, Gated, Outside Entry
  • Park Manager Name: Byron Hiller
  • Park Manager Phone: 206-212-2244
  • Senior Community: Yes
  • Association Fee: 445
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Cats OK, Dogs OK, See Remarks
  • CommonPropertyFeatures: Age Restriction,Gated Entry,Outside Entry,Security Gate

Fee Information

  • Association Fee Includes: Common Area Maintenance, Earthquake Insurance, Lawn Service, Road Maintenance

Schools

  • Junior High Dist: Federal Way

Lot Info

  • Parcel Number: 6613200090
  • Irrigation Water Rights: No
  • ShowMapLink: true

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • RentalCap: Below Rental Cap (See Remarks)

Tax Info

  • Year: 2025
  • Tax Annual Amount: 6029

Multi Family

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

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2025 10/16/25 Price Changed $575,000 -3.8% $344 / Sq Ft
06/13/2025 06/13/25 For Sale $598,000 -- $358 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $299,000 Chicago Title
Warranty Deed $7,950 Chicago Title Insurance Co
Warranty Deed $282,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $199,000 No Value Available
Previous Owner $269,500 No Value Available
Source: Public Records

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2392852

Northwest Multiple Listing Service (NWMLS)

APN: 661320-0090