This home's estimate is 10.9% higher than the average sale price ($298K) of 6 comparable homes.
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31500 33rd Pl SW Unit R202, Federal Way, WA 98023
About this home
Beautiful 2-bedroom, 2-bath condo in the highly desirable Madera West community! The open floor plan features a kitchen with a cozy eat-in area, a formal dining room, and a beautifully tiled fireplace for those chilly nights. The condo backs up to a greenbelt, offering peaceful and serene views. The spacious primary bedroom includes a private bathroom and a walk-in closet. The well-managed HOA offers fantastic amenities including a gated community with a clubhouse, exercise room, pool, hot tub, tennis courts, playground, community garden, and RV parking. With friendly neighbors and a prime location close to everything, this is the perfect place to call home. Don't miss out—come see it today.

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Market trends in 98023, WA
Last updated August 2026
Buyer's Market
Seller's Market
Seller's market
- $575,0003 beds2 baths1,810 sq ft32434 49th Ave SW, Federal Way, WA 98023Faviola Johnson • KW Mountains to Sound Realty
- $229,0003 beds1.5 baths1,220 sq ft1721 SW 318th Pl Unit 48A, Federal Way, WA 98023Evann Grealish • Better Properties UP/Fircrest
- COMING SOON$875,0004 beds3 baths2,750 sq ft31357 43rd Pl SW, Federal Way, WA 98023Carly Peterson • Windermere Abode
- COMING SOON$525,0003 beds2 baths1,230 sq ft34915 23rd Ave SW, Federal Way, WA 98023Annie Dumont • Coldwell Banker Bain
- 3D WALKTHROUGH$1,249,0003 beds2 baths1,862 sq ft3136 SW 302nd Pl, Federal Way, WA 98023Allen Uyeno • John L. Scott, Inc.
- $574,9993 beds2 baths1,390 sq ft157 SW 313th St, Federal Way, WA 98023Norman Nguyen • John L. Scott, Inc
- 3D WALKTHROUGH$775,0006 beds3 baths2,630 sq ft32544 42nd Pl SW, Federal Way, WA 98023Kent Beahler • HomeSmart Real Estate Assoc
- $649,0004 beds2.5 baths2,160 sq ft825 SW 361 St, Federal Way, WA 98023Su Liew • Skyline Properties, Inc.
- OPEN SAT, 10:30AM TO 12:30PM$977,7004 beds2.5 baths2,697 sq ft31222 22nd Ave SW, Federal Way, WA 98023Serg Lobodzinskiy • Skyline Properties, Inc.
See all
Provided by Redfin
Sale history for 31500 33rd Pl SW Unit R202
$313/sq ft
$321/sq ft
$322/sq ft
$327/sq ft
$288/sq ft
$280/sq ft
Tax history for 31500 33rd Pl SW Unit R202
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Property details
Parking
- Parking Information
- Parking Space Numbers: 78
- Covered Spaces: 1
- Parking Features: Carport, RV Parking
- Has Carport
Interior
- Bedroom Information
- # of Bedrooms: 2
- # of Bedrooms Main: 2
- Bedrooms Possible: 2
- Bathroom Information
- # of Full Baths (Total): 2
- # of Main Level Bathrooms (Total): 2
- # of Full Baths (Main): 2
- # of Bathtubs: 2
- Room 1 Information
- Room Type: Entry Hall
- Room Level: Main
- Room 2 Information
- Room Type: Kitchen With Eating Space
- Room Level: Main
- Room 3 Information
- Room Type: Living Room
- Room Level: Main
- Room 4 Information
- Room Type: Primary Bedroom
- Room Level: Main
- Room 5 Information
- Room Type: Bedroom
- Room Level: Main
- Room 6 Information
- Room Type: Bathroom Full
- Room Level: Main
- Room 7 Information
- Room Type: Bathroom Full
- Room Level: Main
- Room 8 Information
- Room Type: Utility Room
- Room Level: Main
- Fireplace Information
- Has Fireplace
- # of Fireplaces: 1
- Fireplace Features: Wood Burning
- # of Fireplaces Main: 1
- Heating & Cooling
- Has Heating
- Heating Information: Baseboard
- Cooling Information: None
- Interior Features
- Interior Features: Fireplace, Water Heater
- Appliances: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
- Flooring: Carpet
- Appliances Included: Dishwasher(s),Dryer(s),Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
Exterior
- Building Information
- Construction Materials: Cement Plank, Wood
- Roof: Composition
- Exterior Features
- Exterior Features: Cement Planked, Wood, Wood Products
- Property Information
- Energy Source: Electric
- Dwelling Type: Attached
- Remodeled/Updated: false
- Style Code: 30 - Condo (1 Level)
- Property Type: Residential
- Property Sub Type: Condominium
- Lot Information
- Lot Features: Curbs, Paved, Secluded, Sidewalk
- Lot Size Units: Square Feet
- Lot Size Acres: 0
- Elevation Units: Feet
Financial
- Tax Information
- Tax Annual Amount: $3,655.73
- Tax Year: 2024
- Financial Information
- Listing Terms: Cash Out, Conventional, FHA, State Bond, VA Loan
- Buyer Financing: Conventional
Utilities
- Utility Information
- Water Heater Location: Porch - Storage
- Water Heater Type: Electric
Location
- Multi-Unit Information
- Units In Building Total: 4
- HOA Information
- Association Contact Name: Wanda Stevens
- Has HOA
- Association Fee: $374.47
- Association Fee Frequency: Monthly
- Association Fee Includes: Common Area Maintenance, Lawn Service, Sewer, Trash, Water
- School Information
- Elementary School: Twin Lakes Elem
- Middle Or Junior High School: Lakota Mid Sch
- High School: Decatur High
- High School District: Federal Way
- Location Information
- Directions: From 5 turn on 320th, right on 30th ave sw, left on 311th pl which turns into 33rd pl sw, condo on right. Upper unit on right.
- Condo Information
- CoOp: false
- Floor Number Of Unit: 3
- Number Of Units In Community: 172
- Community Information
- Common Property Features: Dock,Exercise Room,Garden Space,Gated Entry,High Speed Int Avail,Hot Tub,Outside Entry,Playground,Pool-Outdoor,RV Parking,Security Gate
- Senior Exemption: false
- Community Features: Dock, Exercise Room, Garden Space, Gated, Hot Tub, Outside Entry, Playground, Pool, RV Parking
Public facts
- Beds: 2
- Baths: 2.0
- Sq. Ft.: 1,071
- Stories: 2.0
- Lot Size: —
- Style: Condo/Co-op
- Year Built: 1990
- Year Renovated: 2005
- County: King County
- APN: 500790136005
Other
- Listing Information
- Buyer Brokerage Compensation: 2.5
- Buyer Brokerage Compensation Type: %
- Mls Status: Sold
- Listing Date Information
- On Market Date: Thursday, September 19, 2024
- Green Information
- Power Production Type: Electric
- Home Information
- Living Area Units: Square Feet
- Calculated Square Footage: 1071
- MLS Square Footage Source: Public Records
- Building Area Total: 1071
- Building Area Units: Square Feet
- Building Name: Maderra
- Year Built Effective: 1990
- Effective Year Built Source: Public Records
- Structure Type: Multi Family
- Stories Total: 2
- Levels: One
- Entry Location: Main
About this building
Around this home
Schools
Public PreK-5 • Assigned • 0.7mi
Public 6-8 • Assigned • 0.9mi
Public 9-12 • Assigned • 0.4mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 87° expected this year, 15 days in 30 years
Minimal risk of severe winds over next 30 years
8 unhealthy days expected this year, 9 days in 30 years
Sun exposure
In this area, properties receive around 8.9 hours in June and 1.7 hours in December, placing it below the U.S. average for solar exposure.
Nearby similar homes
New listings for sale in 98023
Home values near 31500 33rd Pl SW Unit R202
| Address | Redfin Estimate |
|---|---|
2 Beds | 2 Baths | 1065 Sq. Ft. | $358,838 |
2 Beds | 1 Baths | 1015 Sq. Ft. | $308,854 |
| Address | Redfin Estimate |
|---|---|
2 Beds | 2 Baths | 1076 Sq. Ft. | $299,736 |
2 Beds | 2 Baths | 1063 Sq. Ft. | $318,978 |
| Address | Redfin Estimate |
|---|---|
2 Beds | 1 Baths | 1006 Sq. Ft. | $308,097 |
2 Beds | 2 Baths | 1056 Sq. Ft. | $321,271 |
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