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  • Listed by: CENTURY 21 North Homes Realty
    Bought with: Cobblestone Realty NW LLC
    $360,000

    31717 48th Lane SW #A, Federal Way, WA 98023

    2beds
    1,255sqft
    Condominium
    Built in 1980
    -- sqft lot
    $350,800 Zestimate®
    $287/sqft
    $2,119 Estimated rent

    Home value

    $350,800

    $323,000 - $382,000

    $2,119/mo

    Zestimate® history
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    What's special

    Luxury one level homeUpdated kitchenLarge office off foyerGas furnaceLarge closetsPrimary bedroomVaulted ceiling
    Formerly a 3 bedroom home, converted now w/large office off foyer. Luxury one level home on end is one of the largest ramblers. Formal entry, open concept.Attached garage+driveway parking (2 spots)-you can rent a 3rd.! Vaulted Ceiling & fireplace Live Rm Updated kitchen w/new counters & breakfast bar adjacent to dining rm. Sliding glass door to private back patio. All windows w/blinds & many face south for sunlight! Laundry room custom storage cabs. Built in shelves garage, 4.5 yr old gas H2O.. Primary bedroom w/2 large closets & 5 Piece bath&skylight! Use Gas furnace or baseboards in rooms. HOA installed New roof &skylight. Swimming Pool 1 block away, Being sold in As Is Condition, flooring credit possible. Any size dog ok. No rent cap

    Zillow last checked:

    Listing updated:

    Listed by:

    Tamra Smilanich,

    CENTURY 21 North Homes Realty

    Bought with:

    Terri Hisdahl, 26551

    Cobblestone Realty NW LLC

    Source: NWMLS as distributed by MLS GRID,MLS#: 2295868MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 2
    Primary bedroom
    • Level: Main
    Bedroom
    • Level: Main
    Bathroom full
    • Level: Main
    Dining room
    • Level: Main
    Entry hall
    • Level: Main
    Entry hall
    • Level: Main
    Family room
    • Level: Main
    Kitchen with eating space
    • Level: Main
    Living room
    • Level: Main
    Utility room
    • Level: Garage
    Utility room
    • Level: Garage
    Heating
    • Fireplace, Baseboard, Forced Air, Electric, Natural Gas, Wood
    Cooling
    • None
    Appliances
    • Included: Dishwasher(s), Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s), Water Heater: Gas, Water Heater Location: Garage, Cooking - Electric Hookup, Cooking-Electric, Dryer-Electric, Washer
    • Laundry: Electric Dryer Hookup, Washer Hookup
    Features
    • Flooring: Ceramic Tile, Vinyl, Carpet
    • Windows: Skylight(s), Coverings: Blinds
    • Number of fireplaces: 1
    • Fireplace features: Wood Burning, Main Level: 1, Fireplace
    Interior area
    • Total structure area: 1,255
    • Total interior livable area: 1,255 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Individual Garage, Uncovered
    • Garage spaces: 1
    Features
    • Levels: Multi/Split
    • Entry location: Main
    • Patio & porch: Alarm System, Cooking-Electric, Dryer-Electric, End Unit, Fireplace, Ground Floor, Primary Bathroom, Skylight(s), Vaulted Ceiling(s), Washer, Water Heater
    • Has view: Yes
    • View description: Territorial
    Lot
    • Features: Curbs, Paved
    Details
    • Parcel number: 7843000130
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Modern
    • Property subtype: Condominium
    Materials
    • Stucco, Wood Siding
    • Roof: Composition
    Condition
    • Year built: 1980
    • Major remodel year: 1980

    Utilities & green energy

    • Electric: Company: Pse
    • Utilities for property: Xfinity, Xfinity

    Community & neighborhood

    Community
    • Community features: Pool
    Location
    • Region: Federal Way
    • Subdivision: Dash Point

    HOA & financial

    HOA
    • HOA fee: $562 monthly
    • Services included: Common Area Maintenance, Road Maintenance, See Remarks, Sewer, Water
    • Association phone: 425-562-1200

    Other

    Other facts
    • Listing terms: Conventional
    • Cumulative days on market: 242 days

    Price history

    DateEventPrice
    8/26/2025Sold$360,000-10%$287/sqft
    Source: NWMLS as distributed by MLS GRID #2295868 Report a problem
    7/26/2025Pending sale$399,950$319/sqft
    Source: NWMLS as distributed by MLS GRID #2295868 Report a problem
    5/28/2025Listed for sale$399,950+281.3%$319/sqft
    Source: NWMLS as distributed by MLS GRID #2295868 Report a problem
    3/3/1997Sold$104,900$84/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,109 +3.9%$335,000 -2%
    2024$3,956 +7.1%$342,000 +3%
    2023$3,695 +11.4%$332,000 +0.3%
    2022$3,316 +4.2%$331,000 +19.9%
    2021$3,181 +11.5%$276,000 +19%
    2020$2,854 +9.7%$232,000 +8.4%
    2019$2,602 +7.5%$214,000 +3.9%
    2018$2,420 -13.6%$206,000 +6.2%
    2017$2,803 +5.3%$194,000 +14.8%
    2016$2,663 $169,000 +0.6%
    2015$2,663 $168,000 -7.2%
    2014$2,663 $181,000 +42.5%
    2013$2,663 $127,000 +6.7%
    2012-- $119,000 -26.5%
    2011-- $162,000 -9%
    2010-- $178,000
    2009-- $178,000 -7.3%
    2007-- $192,000 +15%
    2006-- $167,000 +4.4%
    2005-- $160,000 +32.1%
    2001$1,648 +15.9%$121,100 +21.3%
    2000$1,422 $99,800

    Find assessor info on the county website

    Neighborhood: Twin Lakes

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $350,800
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    Estimated market value
    $350,800