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  • Listed by: Simply Sound Homes • Janice Hussey • 360-250-1906
    $310,000

    31500 33rd Place SW #J101, Federal Way, WA 98023

    2beds
    990sqft
    : 
    $2,394/mo
    Get pre-qualified
    Condominium
    Built in 1990
    -- sqft lot
    $308,300 Zestimate®
    $313/sqft
    $345/mo HOA

    What's special

    Abundant natural light and stylish updates welcome you home to this thoughtfully designed, move-in ready condo located on the ground level in the favorited Madera West gated community. You’ll love the privacy in this bright and fresh 990 sqft floorplan with naturescape views and your own flower garden via the back patio, coordinating hard floors throughout, and inviting open concept living, dining, and kitchen trio. Take note of the generous walk-in closets in each of the two just painted bedrooms, the modern and oversized tile bathroom, new quartz countertops in both the kitchen and bath, timeless crown molding, and stone faced crackling wood fireplace with built-in window bench seating and storage. Don’t miss the additional storage options in the new built-in cabinetry in the dining room, the hallway closet, and patio closet. Madera West boasts well kept grounds and community amenities including an impressive clubhouse with heated outdoor pool, hot tub, fitness center, party and game rooms, as well as sports courts, playground, community garden, dog run, and RV parking. Convenient access to multiple reserved parking spaces, with nearby visitor parking. Washer and Dryer in unit. HOA dues include Water/Sewer/Garbage and exterior maintenance. Close to state parks, golf clubs, and shopping, freeways, public transportation, and the best of Federal Way. This is the one you’ve been waiting for.
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    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Janice Hussey 360-250-1906 janicehussey.realtor@gmail.com,

    Simply Sound Homes

    Source: NWMLS as distributed by MLS GRID,MLS#: 2588832MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      • Full bathrooms: 1
      • Main level bathrooms: 1
      • Main level bedrooms: 2
      Heating
      • Fireplace, Baseboard, Electric
      Cooling
      • None
      Appliances
      • Included: Dishwasher, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer, Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Washer(s), Water Heater: Electric, Water Heater Location: Storage Closet at Patio, Cooking - Electric Hookup, Cooking-Electric, Dryer-Electric
      • Laundry: Electric Dryer Hookup, Washer Hookup
      Features
      • Flooring: Ceramic Tile, Laminate
      • Windows: Coverings: Blinds
      • Number of fireplaces: 1
      • Fireplace features: Wood Burning, Main Level: 1, Fireplace
      Interior area
      • Total structure area: 990
      • Total interior livable area: 990 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 4
      • Parking features: Carport, RV Parking, Uncovered, RV Parking
      • Has carport: Yes
      • Covered spaces: 1
      • Uncovered spaces: 3
      Features
      • Levels: Two
      • Stories: 2
      • Entry location: Main
      • Patio & porch: Cooking-Electric, Dryer-Electric, Fireplace, Ground Floor, Walk-In Closet(s), Washer, Water Heater
      • Spa features: Community
      Lot
      • Features: Curbs, Paved, Sidewalk
      Details
      • Parcel number: 5007900690
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: Condo
      • Architectural style: Condo (2 Levels)
      • Property subtype: Condominium
      Materials
      • Cement/Concrete, Wood Products
      • Roof: Composition
      Condition
      • Year built: 1990
      • Major remodel year: 2005

      Utilities & green energy

      • Electric: Company: PSE
      • Sewer: Company: Lake Haven HOA
      • Water: Company: Lake Haven HOA
      • Utilities for property: Xfinity, Xfinity

      Community & HOA

      Community
      • Features: Athletic Court, Clubhouse, Fitness Center, Game/Rec Rm, Garden Space, Gated, Playground, Pool, RV Parking
      • Security: Security Service
      • Subdivision: Twin Lakes
      HOA
      • Services included: Common Area Maintenance, Earthquake Insurance, Maintenance Grounds, Road Maintenance, Security, Sewer, Water
      • HOA fee: $345 monthly
      • HOA phone: 855-877-2472
      Location
      • Region: Federal Way

      Financial & listing details

      • Price per square foot: $313/sqft
      • Tax assessed value: $311,000
      • Annual tax amount: $3,484
      • Date on market: 10/6/2026
      • Listing terms: Conventional,FHA,VA Loan
      • Inclusions: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)

        Estimated market value

        $308,300

        $293,000 - $324,000

        $2,223/mo

        Price history

        DateEventPrice
        10/22/2026Listed for sale$310,000+55%$313/sqft
        Source: NWMLS as distributed by MLS GRID #2588832 Report a problem
        6/30/2019Listing removed$200,000$202/sqft
        Source: Twin Lakes Realty #1454468 Report a problem
        6/30/2019Listed for sale$200,000-3.1%$202/sqft
        Source: Twin Lakes Realty #1454468 Report a problem
        6/28/2019Sold$206,500+3.3%$209/sqft
        Source: NWMLS as distributed by MLS GRID #1454468 Report a problem
        5/12/2019Pending sale$200,000$202/sqft
        Source: Twin Lakes Realty #1454468 Report a problem
        5/9/2019Listed for sale$200,000+152.3%$202/sqft
        Source: Twin Lakes Realty #1454468 Report a problem
        8/17/2015Sold$79,275-18.9%$80/sqft
        Source: NWMLS as distributed by MLS GRID #765675 Report a problem
        6/13/2015Pending sale$97,700$99/sqft
        Source: Windermere Real Estate/West Campus, Inc. #765675 Report a problem
        6/5/2015Price change$97,700+107.9%$99/sqft
        Source: Windermere Real Estate/West Campus, Inc. #765675 Report a problem
        5/29/2015Price change$47,000-51.9%$47/sqft
        Source: HomeSearch.com Realty Services Inc #765675 Report a problem
        5/16/2015Price change$97,700+107.9%$99/sqft
        Source: Windermere Real Estate/West Campus, Inc. #765675 Report a problem
        5/8/2015Price change$47,000-51.9%$47/sqft
        Source: HomeSearch.com Realty Services Inc #765675 Report a problem
        5/2/2015Price change$97,700+107.9%$99/sqft
        Source: Windermere Real Estate/West Campus, Inc. #765675 Report a problem
        4/13/2015Price change$47,000-51.9%$47/sqft
        Source: HomeSearch.com Realty Services Inc #765675 Report a problem
        4/3/2015Listed for sale$97,700-45.3%$99/sqft
        Source: Windermere Real Estate/West Campus, Inc. #765675 Report a problem
        5/12/2006Sold$178,550$180/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,740 +7.4%$311,000 +2.3%
        2024$3,484 +5%$304,000 +1%
        2023$3,317 +18.7%$301,000 +7.1%
        2022$2,794 +4.3%$281,000 +20.1%
        2021$2,678 +9.2%$234,000 +16.4%
        2020$2,453 +6%$201,000 +5.2%
        2019$2,315 +32.3%$191,000 +29.1%
        2018$1,750 -8.2%$148,000 +13%
        2017$1,907 +53.7%$131,000 +20.2%
        2016$1,241 $109,000 +6.9%
        2015$1,241 $102,000 +24.4%
        2014$1,241 $82,000 +39%
        2013$1,241 $59,000 -24.4%
        2012-- $78,000 -34.5%
        2011-- $119,000 -17.9%
        2010-- $145,000
        2009-- $145,000 -15.2%
        2007-- $171,000 +0.6%
        2006-- $170,000
        Find assessor info on the county website

        Monthly payment

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        Payment breakdown

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        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: Twin Lakes

        Getting around

        16 / 100
        Car-Dependent
        33 / 100
        Some Transit
        19 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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