OFF MARKET

Listed by Armida Diaz • Coldwell Banker Danforth. Bought with Coldwell Banker Danforth.

Off market apr 2025 for $335K

$326,556

Est. refi paymentEst. refi $2,053/mo

•

1,071

sq ft

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.

CondoProperty Type

1990Year Built

$305Est. Price/Sq.Ft.

1 spaceParking

Listed by Armida Diaz • Coldwell Banker Danforth

Bought with Jay Grauman • Coldwell Banker Danforth

Bought with Brandon Hopson • Coldwell Banker Danforth

Redfin checked: a minute ago

•Source:NWMLS as Distributed by MLS Grid #2291061

Redfin Estimate

$326,556

$8,444 since sold in April 2025$0 since October

Recently sold homes
Estimate history

This home's estimate is 0.5% lower than the average sale price ($328K) of 6 comparable homes.

SOLD OCT 13, 2026
$354,990
A
2 beds2 baths1,042 sq ft
31500 33rd Pl SW Unit N201, Federal Way, WA 98023
Listing provided by nwmls
SOLD AUG 28, 2026
$225,000
B
2 beds2 baths1,071 sq ft
31500 33rd Pl SW Unit N102, Federal Way, WA 98023
Listing provided by nwmls
SOLD JUL 2, 2026
$350,000
C
2 beds2 baths1,065 sq ft
31500 33rd Pl SW Unit B103, Federal Way, WA 98023
Listing provided by nwmls
SOLD JUN 1, 2026
$349,950
D
2 beds2 baths1,048 sq ft
31500 33rd Pl SW Unit F103, Federal Way, WA 98023
Listing provided by nwmls
SOLD SEP 22, 2026
$370,000
E
2 beds2 baths1,042 sq ft
1921 SW 307th St Unit B, Federal Way, WA 98023
Listing provided by nwmls
SOLD JUN 15, 2026
$320,000
F
2 beds2 baths1,113 sq ft
33020 10th Ave SW Unit Q301, Federal Way, WA 98023
Listing provided by nwmls

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Sell

$41,246

Est. take-home

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Est. cash available

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Rent

$1,888/mo

Redfin rental estimate

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Market trends in 98023, WA

Last updated October 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

99.2%

0.1% MoM

Median sale price

$625K

$4K MoM

Avg. days on market

24d

6 days MoM

Recently sold homes

130

4 MoM

New listings for sale

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3 beds1 bath1,100 sq ft
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Kelly Gilleland • John L. Scott, Inc.
LISTED BY REDFIN
$225,000
2 beds1 bath809 sq ft
32120 45th Pl SW Unit C6, Federal Way, WA 98023
Redfin
$659,950
4 beds2.5 baths2,460 sq ft
37110 5th Ave SW, Federal Way, WA 98023
Lia Huang • Dalton Wade, Inc.
3D WALKTHROUGH
$550,000
4 beds2 baths2,040 sq ft
32514 36th Ave SW, Federal Way, WA 98023
Evonne Brank • John L. Scott, Inc
3D WALKTHROUGH
$799,500
3 beds2.5 baths2,645 sq ft
31327 43rd Pl SW, Federal Way, WA 98023
Emily Anderson • Every Door Real Estate
$689,000
3 beds2.5 baths1,900 sq ft
2723 SW 349th Pl, Federal Way, WA 98023
Christopher Floyd • Morrison House Sotheby's Intl
$625,000
4 beds3 baths3,120 sq ft
2819 SW 324th Pl, Federal Way, WA 98023
Mark Bergman • Windermere Prof Partners
SHORT SALE
$529,999
4 beds1.5 baths1,390 sq ft
2229 SW 330th, Federal Way, WA 98023
Tyson Simonson • Realty One Group Orca
$520,000
3 beds3 baths1,507 sq ft
30637 1st Pl SW, Federal Way, WA 98023
Tanya Franzen-Garrett • Marketplace Sotheby's Intl Rty
$274,995
3 beds1.5 baths1,017 sq ft
4601 SW 320th St Unit M7, Federal Way, WA 98023
Justin Cambra • eXp Realty
See all

Provided by Redfin

Sale history for 31500 33rd Pl SW Unit R202

Date

Event

Price

Apr 17, 2025

Sold (MLS) (Closed)

NWMLS as Distributed by MLS Grid #2291061

$335,000

$313/sq ft

Mar 19, 2025

Pending

NWMLS as Distributed by MLS Grid #2291061

—

Mar 18, 2025

Price Changed

NWMLS as Distributed by MLS Grid #2291061

$343,900

$321/sq ft

Nov 18, 2024

Price Changed

NWMLS as Distributed by MLS Grid #2291061

$345,000

$322/sq ft

Sep 19, 2024

Listed (Active)

NWMLS as Distributed by MLS Grid #2291061

$350,000

$327/sq ft

Oct 25, 2022

Sold (MLS) (Closed)

NWMLS as Distributed by MLS Grid #1999792

$308,000

$288/sq ft

Sep 26, 2022

Pending

NWMLS as Distributed by MLS Grid #1999792

—

Sep 23, 2022

Listed (Active)

NWMLS as Distributed by MLS Grid #1999792

$300,000

$280/sq ft

Year

Property tax

Land + Additions

Assessment*

2026

$3,953 (+8.5%)

$46,600 + $284,400

$331,000

2025

$3,643 (−0.3%)

$46,600 + $284,400

$331,000

2024

$3,656 (+27.4%)

$46,600 + $272,400

$319,000

2023

$2,870 (+4.2%)

$32,400 + $300,600

$333,000

2022

$2,755 (+8.2%)

$30,400 + $258,600

$289,000

2021

$2,547 (+6.8%)

$28,300 + $212,700

$241,000

2020

$2,385 (+32.0%)

$28,300 + $180,700

$209,000

2019

$1,807 (−8.6%)

$16,200 + $136,800

$153,000

2018

$1,977 (+15.7%)

$16,200 + $136,800

$153,000

2017

$1,709 (+7.4%)

$16,200 + $119,800

$136,000

2016

$1,591 (+22.7%)

$16,200 + $100,800

$117,000

2015

$1,297 (+26.2%)

$16,200 + $87,800

$104,000

2014

$1,028 (−27.8%)

$16,200 + $69,800

$86,000

2013

$1,423 (−13.0%)

$16,200 + $44,800

$61,000

2012

$1,636 (−4.5%)

$16,200 + $67,800

$84,000

2011

$1,712 (−8.9%)

$16,200 + $116,800

$133,000

2010

$1,880 (−8.7%)

$13,300 + $137,700

$151,000

2009

$2,058

$13,300 + $176,700

$190,000

Tax history for 31500 33rd Pl SW Unit R202

Year

Property tax

Land + Additions

Assessment*

2026

$3,953 (+8.5%)

$46,600 + $284,400

$331,000

2025

$3,643 (−0.3%)

$46,600 + $284,400

$331,000

2024

$3,656 (+27.4%)

$46,600 + $272,400

$319,000

2023

$2,870 (+4.2%)

$32,400 + $300,600

$333,000

2022

$2,755 (+8.2%)

$30,400 + $258,600

$289,000

2021

$2,547 (+6.8%)

$28,300 + $212,700

$241,000

2020

$2,385 (+32.0%)

$28,300 + $180,700

$209,000

2019

$1,807 (−8.6%)

$16,200 + $136,800

$153,000

2018

$1,977 (+15.7%)

$16,200 + $136,800

$153,000

2017

$1,709 (+7.4%)

$16,200 + $119,800

$136,000

2016

$1,591 (+22.7%)

$16,200 + $100,800

$117,000

2015

$1,297 (+26.2%)

$16,200 + $87,800

$104,000

2014

$1,028 (−27.8%)

$16,200 + $69,800

$86,000

2013

$1,423 (−13.0%)

$16,200 + $44,800

$61,000

2012

$1,636 (−4.5%)

$16,200 + $67,800

$84,000

2011

$1,712 (−8.9%)

$16,200 + $116,800

$133,000

2010

$1,880 (−8.7%)

$13,300 + $137,700

$151,000

2009

$2,058

$13,300 + $176,700

$190,000

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

—

Year renovated

2005

Sq. Ft.

1,071

Year built

1990

Style

Condo/Co-op

County

King County

APN

500790136005

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 5, 2026.

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

Home facts updated by county records on Sep 5, 2026

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

5 for sale

31500 33rd Pl SW, Federal Way, WA 98023

See photos & sale trends

Photo via 31500 33rd Pl SW Unit G202

Units for sale


G202	$287,450	1 bed	1 bath	842 sq ft
U101	$302,000	2 beds	2 baths	1038 sq ft
J101	$310,000	2 beds	1 bath	990 sq ft
Q203	$339,500	2 beds	1 bath	1000 sq ft
V102	$339,950	2 beds	2 baths	1056 sq ft

Around this home

Schools

K - 12
Preschool & daycare

Twin Lakes Elementary School

Public PreK-5 • Assigned • 0.7mi

8/10

Lakota Middle School

Public 6-8 • Assigned • 0.9mi

5/10

Decatur High School

Public 9-12 • Assigned • 0.4mi

4/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Local insights from Redfin agents

Federal Way buyers should compare lot sizes, views, and shopping access in Twin Lakes, Marine Hills, and Dash Point. Sellers should highlight their home’s strengths and price against nearby comparable sales. Explore Dash Point State Park and Dumas...
3 weeks ago • Federal Way
Shauna Rumel
Redfin agent
Was this helpful?
Situated right along the Puget Sound, Federal Way is best known for its blend of natural beauty, fun attractions, and rich local culture! Locals love it for its vibrant dining scene and convenient location right between Seattle and Tacoma!
3 weeks ago • Federal Way
Andrew Maglalang-Weakley
Redfin Premier agent • Listing Agent
469 deals
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Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 87° expected this year, 15 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

6/10 Air Factor

8 unhealthy days expected this year, 9 days in 30 years

Provided by First Street

Historical weather

Federal Way, WA • 98023

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

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.

8.9 hrs

1.7 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$311,000 – $376,000

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