The Smoketree condominium community is nestled in the trees near Dash Point State Park in Federal Way. Entryway has towering ceilings & leads into a spacious living area with open floorplan, hardwood oak flooring, and a stylish fireplace just waiting to be lit. Cool, black accents make this condo modern and inviting. Open kitchen and large dining area and 1/2 bath complete the main floor. Sliding door leads out to a secluded deck & patio area. Upstairs find 2 bedrooms & 2 bathrooms. The Primary has high ceilings & a sliding patio door & deck, & the Primary bathroom has enlarged shower & wide counter w/ 2 sinks. Amenities include cabana available to residents to reserve and clean pool for summer days. Building has new roof & exterior paint.
Sold
Listed by: RE/MAX Realty South
Bought with: Seattle Works Real Estate
$350,000
31735 48th Lane SW #B, Federal Way, WA 98023
2beds
1,138sqft
Condominium
Built in 1980
-- sqft lot
$336,500 Zestimate®
$308/sqft
$2,090 Estimated rent
Home value
$336,500
$310,000 - $367,000
$2,090/mo
Zestimate® history
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Stylish fireplaceOpen kitchenHigh ceilingsHardwood oak flooringTowering ceilingsEnlarged showerExterior paint
Zillow last checked:
Listing updated:
Listed by:
Megan White,
RE/MAX Realty South
Bought with:
Albertino Ritualo, 133165
Seattle Works Real Estate
Source: NWMLS as distributed by MLS GRID,MLS#: 2272003
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 1
- 3/4 bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 1
Primary bedroom
- Level: Second
Bedroom
- Level: Second
Bathroom full
- Level: Second
Bathroom three quarter
- Level: Second
Other
- Level: Main
Dining room
- Level: Main
Entry hall
- Level: Main
Kitchen with eating space
- Level: Main
Living room
- Level: Main
Utility room
- Level: Garage
Heating
- Fireplace, Wall Unit(s), Electric, Wood
Cooling
- None
Appliances
- Included: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s), Water Heater Location: 1/2 bath closet
Features
- Flooring: Hardwood
- Number of fireplaces: 1
- Fireplace features: Wood Burning, Main Level: 1, Fireplace
Interior area
- Total structure area: 1,138
- Total interior livable area: 1,138 sqft
Property
Parking
- Total spaces: 2
- Parking features: Individual Garage, Off Street
- Garage spaces: 1
Features
- Levels: Multi/Split
- Entry location: Main
- Patio & porch: Balcony/Deck/Patio, Fireplace, Hardwood
Lot
- Size: 4.09 Acres
- Features: Curbs, Paved, Sidewalk
Details
- Parcel number: 7843000400
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Architectural style: Townhouse
- Property subtype: Condominium
Materials
- Wood Siding, Wood Products
- Roof: Composition
Condition
- Year built: 1980
Community & neighborhood
Community
- Community features: Cable TV, Clubhouse, Pool
Location
- Region: Federal Way
- Subdivision: Dash Point
HOA & financial
HOA
- HOA fee: $486 monthly
- Services included: Sewer, Water
- Association phone: 425-562-1200
Other
Other facts
- Listing terms: Conventional
- Cumulative days on market: 346 days
Price history
| Date | Event | Price |
|---|---|---|
| 3/21/2025 | Sold | $350,000+0.4%$308/sqft |
Source:  NWMLS as distributed by MLS GRID #2272003 Report a problem | ||
| 2/28/2025 | Pending sale | $348,500$306/sqft |
Source: NWMLS as distributed by MLS GRID #2272003 Report a problem | ||
| 2/26/2025 | Listed for sale | $348,500+65.2%$306/sqft |
Source: NWMLS as distributed by MLS GRID #2272003 Report a problem | ||
| 10/19/2018 | Sold | $211,000+2%$185/sqft |
Source: NWMLS as distributed by MLS GRID #1337842 Report a problem | ||
| 9/12/2018 | Pending sale | $206,950$182/sqft |
Source: Turn Key Real Estate, Inc. #1337842 Report a problem | ||
| 9/8/2018 | Price change | $206,950-2.4%$182/sqft |
Source: Turn Key Real Estate, Inc. #1337842 Report a problem | ||
| 8/15/2018 | Price change | $211,950-3.6%$186/sqft |
Source: Turn Key Real Estate, Inc. #1337842 Report a problem | ||
| 8/2/2018 | Listed for sale | $219,950+12.8%$193/sqft |
Source: Turn Key Real Estate, Inc. #1337842 Report a problem | ||
| 8/28/2008 | Sold | $195,000+19.5%$171/sqft |
Source: NWMLS as distributed by MLS GRID #28077441 Report a problem | ||
| 8/10/2005 | Sold | $163,206+28%$143/sqft |
Source: Public Record Report a problem | ||
| 6/1/2001 | Sold | $127,500+14.9%$112/sqft |
Source: Public Record Report a problem | ||
| 10/29/1998 | Sold | $111,000$98/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,035 +13.9% | $331,000 +10.3% |
| 2024 | $3,542 -3.6% | $300,000 -9.1% |
| 2023 | $3,674 +18.6% | $330,000 +7.1% |
| 2022 | $3,097 +4.2% | $308,000 +19.8% |
| 2021 | $2,973 +11.5% | $257,000 +19% |
| 2020 | $2,667 +10.4% | $216,000 +9.1% |
| 2019 | $2,415 +7.8% | $198,000 +4.2% |
| 2018 | $2,241 -12.7% | $190,000 +7.3% |
| 2017 | $2,566 +7.2% | $177,000 +14.2% |
| 2016 | $2,393 | $155,000 +3.3% |
| 2015 | $2,393 | $150,000 -7.4% |
| 2014 | $2,393 | $162,000 +40.9% |
| 2013 | $2,393 | $115,000 +15% |
| 2012 | -- | $100,000 -32.4% |
| 2011 | -- | $148,000 -10.3% |
| 2010 | -- | $165,000 |
| 2009 | -- | $165,000 -4.6% |
| 2007 | -- | $173,000 +16.1% |
| 2006 | -- | $149,000 +4.2% |
| 2005 | -- | $143,000 +32% |
| 2001 | $1,482 +15.4% | $108,300 +21% |
| 2000 | $1,284 | $89,500 |
Find assessor info on the county website
Neighborhood: Twin Lakes
Nearby schools
GreatSchools rating
- 8/10Twin Lakes Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 5/10Lakota Middle SchoolGrades: 6-8Distance: 1.9 mi
- 4/10Decatur High SchoolGrades: 9-12Distance: 1.2 mi
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Estimated market value
$336,500
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Estimated market value
$336,500
- Washington
- King County
- Federal Way
- 98023
- Twin Lakes
- 31735 48th Lane SW Unit B
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