New Price! 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 (8/5)
$315,000
31500 33rd Place SW #C204, Federal Way, WA 98023
2beds
991sqft
Condominium
Built in 1990
-- sqft lot
$315,100 Zestimate®
$318/sqft
$360/mo HOA
What's special
Cozy wood burning fireplaceOne covered parkingCovered deckBuilt-in shelvingTop-floor gemStorage on balconyBright open-concept living spaces
- 80 days |
- 143 |
- 10 |
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
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: $318/sqft
- Tax assessed value: $311,000
- Annual tax amount: $3,740
- Date on market: 6/3/2026
- Cumulative days on market: 82 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
Zestimate®
$315,100
Estimated sales range
$299,000 - $331,000
Rent Zestimate®
$2,059/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/5/2026 | Price change | $315,000-1.6%$318/sqft |
Source: | ||
| 6/26/2026 | Price change | $319,999-1.5%$323/sqft |
Source: | ||
| 6/4/2026 | Listed for sale | $325,000+3.2%$328/sqft |
Source: | ||
| 2/4/2022 | Sold | $315,000+6.8%$318/sqft |
Source: | ||
| 2/4/2022 | Pending sale | $294,950$298/sqft |
Source: | ||
| 1/16/2022 | Contingent | $294,950$298/sqft |
Source: | ||
| 1/15/2022 | Listed for sale | $294,950+32.6%$298/sqft |
Source: | ||
| 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
Payment breakdown
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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
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