Just Listed in the Premier condo community of "Madera West." Nestled in an established neighborhood, Gated & situated next to a lush greenbelt. This top-floor gem features bright, open-concept living spaces & modern kitchen with eat-in bar. Enjoy a cozy wood burning fireplace & serene nature views from your kitchen, living & dining areas. An updated bathroom provides double sinks, full shower/tub combo, built-in shelving and full sized washer & dryer in closet. Both spacious bedrooms offer large walk-in closets. From covered deck, the backyard setting displays a private & peaceful vibe. Also included is one covered parking, storage on balcony & optional RV/Boat parking. The development boasts incredible amenities including a clubhouse with fitness center, hot tub, outdoor pool, sports court, playgrounds, garden in full bloom & dog park. Investors welcome- No Rental Cap, VA & FHA approved. This well kept complex offers new roofs, siding, windows, decks, railings & more- all while the HOA dues remain low! Lovely pathways with a truly inspiring plethora of seasonal flowers, trees and shrubs throughout the neighborhood. Prime location with easy access to all conveniences.
Active
Listed by: CENTURY 21 North Homes Realty • Kyle A Steppe
Price cut: $5K (6/26)
$319,999
31500 33rd Place SW #C204, Federal Way, WA 98023
2beds
991sqft
Condominium
Built in 1990
-- sqft lot
$319,700 Zestimate®
$323/sqft
$360/mo HOA
What's special
Cozy wood burning fireplaceCovered deckBuilt-in shelvingTop-floor gemBright open-concept living spaces
- 33 days |
- 193 |
- 4 |
Zillow last checked:
Listing updated:
Listed by:
Kyle A Steppe,
CENTURY 21 North Homes Realty,
Stephanie L. Steppe,
CENTURY 21 North Homes Realty
Source: NWMLS as distributed by MLS GRID,MLS#: 2529641
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Primary bedroom
- Level: Main
Bedroom
- Level: Main
Bathroom full
- Level: Main
Dining room
- Level: Main
Entry hall
- Level: Main
Kitchen with eating space
- Level: Main
Living room
- Level: Main
Utility room
- Level: Main
Heating
- Fireplace, Baseboard, Wall Furnace, Electric, Wood
Cooling
- None
Appliances
- Included: Dishwasher, Dryer, Refrigerator, Stove(s)/Range(s), Washer, Dishwasher(s), Dryer(s), Refrigerator(s), Washer(s), Water Heater: Electric, Water Heater Location: Storage closet, Cooking - Electric Hookup, Cooking-Electric, Dryer-Electric
- Laundry: Electric Dryer Hookup, Washer Hookup
Features
- Flooring: Laminate, Carpet
- Windows: Insulated Windows, Coverings: Blinds
- Number of fireplaces: 1
- Fireplace features: Wood Burning, Main Level: 1, Fireplace
Interior area
- Total structure area: 991
- Total interior livable area: 991 sqft
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Carport, RV Parking, RV Parking
- Has carport: Yes
- Covered spaces: 1
Features
- Levels: One
- Stories: 1
- Entry location: Main
- Patio & porch: Cooking-Electric, Dryer-Electric, End Unit, Fireplace, Insulated Windows, Top Floor, Walk-In Closet(s), Washer, Water Heater
- Spa features: Community
- Has view: Yes
- View description: See Remarks, Territorial
Lot
- Features: Curbs, Paved, Sidewalk
Details
- Parcel number: 5007900240
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Architectural style: Craftsman,Condo (1 Level)
- Property subtype: Condominium
Materials
- Cement Planked, Cement Plank
- Roof: Composition
Condition
- Year built: 1990
- Major remodel year: 2005
Utilities & green energy
Green energy
- Energy efficient items: Insulated Windows
Community & HOA
Community
- Features: Athletic Court, Clubhouse, Fitness Center, Game/Rec Rm, Garden Space, Gated, Moorage, Playground, Pool, RV Parking, Sauna, See Remarks, Trail(s)
- Subdivision: Twin Lakes
HOA
- Services included: Common Area Maintenance, Maintenance Grounds, Road Maintenance, Sewer, Water
- HOA fee: $360 monthly
Location
- Region: Federal Way
Financial & listing details
- Price per square foot: $323/sqft
- Tax assessed value: $311,000
- Annual tax amount: $3,740
- Date on market: 6/3/2026
- Cumulative days on market: 35 days
- Listing terms: Conventional,FHA,State Bond,VA Loan
- Inclusions: Dishwasher(s), Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Estimated market value
$319,700
$304,000 - $336,000
$2,126/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/26/2026 | Price change | $319,999-1.5%$323/sqft |
Source:  NWMLS as distributed by MLS GRID #2529641 Report a problem | ||
| 6/4/2026 | Listed for sale | $325,000+3.2%$328/sqft |
Source: NWMLS as distributed by MLS GRID #2529641 Report a problem | ||
| 2/4/2022 | Sold | $315,000+6.8%$318/sqft |
Source: NWMLS as distributed by MLS GRID #1878846 Report a problem | ||
| 2/4/2022 | Pending sale | $294,950$298/sqft |
Source: NWMLS as distributed by MLS GRID #1878846 Report a problem | ||
| 1/16/2022 | Contingent | $294,950$298/sqft |
Source: NWMLS as distributed by MLS GRID #1878846 Report a problem | ||
| 1/15/2022 | Listed for sale | $294,950+32.6%$298/sqft |
Source: NWMLS as distributed by MLS GRID #1878846 Report a problem | ||
| 12/6/2021 | Sold | $222,500+25%$225/sqft |
Source: Public Record Report a problem | ||
| 6/6/2006 | Sold | $177,950$180/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,740 +7.4% | $311,000 +2.3% |
| 2024 | $3,484 +4% | $304,000 |
| 2023 | $3,349 +19.9% | $304,000 +8.2% |
| 2022 | $2,794 +3.9% | $281,000 +19.6% |
| 2021 | $2,689 +8.6% | $235,000 +15.8% |
| 2020 | $2,477 +7% | $203,000 +6.3% |
| 2019 | $2,315 +32.3% | $191,000 +29.1% |
| 2018 | $1,750 -8.2% | $148,000 +13% |
| 2017 | $1,907 +50.3% | $131,000 +17% |
| 2016 | $1,269 | $112,000 +9.8% |
| 2015 | $1,269 | $102,000 +21.4% |
| 2014 | $1,269 | $84,000 +40% |
| 2013 | $1,269 | $60,000 -26.8% |
| 2012 | -- | $82,000 -31.7% |
| 2011 | -- | $120,000 -18.4% |
| 2010 | -- | $147,000 |
| 2009 | -- | $147,000 -16% |
| 2007 | -- | $175,000 -2.8% |
| 2006 | -- | $180,000 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: Twin Lakes
Nearby schools
GreatSchools rating
- 8/10Twin Lakes Elementary SchoolGrades: PK-5Distance: 0.7 mi
- 5/10Lakota Middle SchoolGrades: 6-8Distance: 0.9 mi
- 4/10Decatur High SchoolGrades: 9-12Distance: 0.4 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Washington
- King County
- Federal Way
- 98023
- Twin Lakes
- 31500 33rd Place SW Unit C204
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