OFF MARKET

Listed by Lisa Le • COMPASS. Bought with Westland Realty.

Off market may 2023 for $325K

$312,048

Est. refi paymentEst. refi $2,101/mo

•

989

sq ft

31500 33rd Pl SW Unit R204, Federal Way, WA 98023

About this home

Live inside the gates of the coveted community at Madera West! Welcome into a bright and open living and dining space backed with views of a lush greenbelt. Enjoy the private balcony among the trees year round! Added serenity of a cozy wood burning fireplace. Newly installed sinks, bath, and laminate flooring continue throughout the entire home. Well run HOA with low monthly dues include water, sewer, and garbage. Plethora of amenities can be found throughout the community including a pool, hot tub, gym, tennis courts, a community garden, and much more! Two parking spaces included. FHA approved. No rental cap! RV parking avail. Ease of access with central location to dining and shopping, Twin Lakes Golf, and the new light rail station.

CondoProperty Type

1990Year Built

$316Est. Price/Sq.Ft.

2 spacesParking

Listed by Lisa Le • COMPASS

Bought with Sam Niskanen • Westland Realty

Redfin checked: 2 minutes ago

•Source:NWMLS as Distributed by MLS Grid #2048532

Redfin Estimate

$312,048

$13K since sold in May 2023$0 since October

Recently sold homes
Estimate history

This home's estimate is 0.3% lower than the average sale price ($313K) of 6 comparable homes.

SOLD APR 16, 2026
$340,000
A
2 beds1 bath992 sq ft
31500 33rd Pl SW Unit E201, Federal Way, WA 98023
Listing provided by nwmls
SOLD OCT 13, 2026
$354,990
B
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
C
2 beds2 baths1,071 sq ft
31500 33rd Pl SW Unit N102, Federal Way, WA 98023
Listing provided by nwmls
SOLD AUG 27, 2026
$300,000
D
2 beds1.5 baths979 sq ft
1404 S 308th Ln #1404, Federal Way, WA 98003
Listing provided by nwmls
SOLD JUL 2, 2026
$350,000
E
2 beds2 baths1,065 sq ft
31500 33rd Pl SW Unit B103, Federal Way, WA 98023
Listing provided by nwmls
SOLD AUG 20, 2026
$307,000
F
1 bed1 bath797 sq ft
31500 33rd Pl SW Unit U-206, Federal Way, WA 98023
Listing provided by nwmls

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Sell

$45,515

Est. take-home

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Est. cash available

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Rent

$1,709/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

NEW
$315,000
2 beds2 baths960 sq ft
33020 10th Ave SW Unit A 304, Federal Way, WA 98023
Kyong Kwon • Berkshire Hathaway HS NW
$449,990
3 beds1 bath1,100 sq ft
2233 SW 331st, Federal Way, WA 98023
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
See all

Provided by Redfin

Sale history for 31500 33rd Pl SW Unit R204

Date

Event

Price

May 2, 2023

Sold (MLS) (Closed)

NWMLS as Distributed by MLS Grid #2048532

$325,000

$329/sq ft

Apr 4, 2023

Pending

NWMLS as Distributed by MLS Grid #2048532

—

Mar 30, 2023

Relisted (Active)

NWMLS as Distributed by MLS Grid #2048532

—

Mar 27, 2023

Pending

NWMLS as Distributed by MLS Grid #2048532

—

Mar 24, 2023

Listed (Active)

NWMLS as Distributed by MLS Grid #2048532

$310,000

$313/sq ft

Jun 28, 2018

Sold

Public Records

$189,600

$192/sq ft

Jun 28, 2018

Sold (MLS) (Sold)

NWMLS as Distributed by MLS Grid #1302753

$189,500

$192/sq ft

Jun 4, 2018

Pending (Pending Inspection)

NWMLS as Distributed by MLS Grid #1302753

—

Jun 1, 2018

Listed (Active)

NWMLS as Distributed by MLS Grid #1302753

$189,500

$192/sq ft

Jan 12, 2017

Sold

Public Records

$130,000

$131/sq ft

Jan 12, 2017

Pending

NWMLS as Distributed by MLS Grid #1049909

—

Jan 12, 2017

Sold (MLS) (Sold)

NWMLS as Distributed by MLS Grid #1049909

$130,000

$131/sq ft

Dec 7, 2016

Contingent

NWMLS as Distributed by MLS Grid #1049909

—

Dec 7, 2016

Pending

NWMLS as Distributed by MLS Grid #1049909

—

Nov 5, 2016

Listed (Active)

NWMLS as Distributed by MLS Grid #1049909

$139,900

$141/sq ft

Oct 30, 2015

Delisted

NWMLS as Distributed by MLS Grid #850622

—

Oct 30, 2015

Sold (MLS) (Sold)

NWMLS as Distributed by MLS Grid #850622

$94,500

$96/sq ft

Oct 10, 2015

Pending

NWMLS as Distributed by MLS Grid #850622

—

Sep 21, 2015

Listed (Active)

NWMLS as Distributed by MLS Grid #850622

$93,500

$95/sq ft

Year

Property tax

Land + Additions

Assessment*

2026

$3,851 (+8.0%)

$43,000 + $280,000

$323,000

2025

$3,566 (+0.4%)

$43,000 + $280,000

$323,000

2024

$3,550 (+27.0%)

$43,000 + $270,000

$313,000

2023

$2,794 (+4.3%)

$29,900 + $293,100

$323,000

2022

$2,678 (+8.2%)

$28,000 + $253,000

$281,000

2021

$2,477 (+7.0%)

$26,100 + $207,900

$234,000

2020

$2,315 (+32.3%)

$26,100 + $176,900

$203,000

2019

$1,750 (−8.2%)

$14,900 + $133,100

$148,000

2018

$1,907 (+16.4%)

$14,900 + $133,100

$148,000

2017

$1,639 (+4.9%)

$14,900 + $116,100

$131,000

2016

$1,562 (+23.1%)

$14,900 + $97,100

$112,000

2015

$1,269 (+25.4%)

$14,900 + $87,100

$102,000

2014

$1,012 (−27.3%)

$14,900 + $69,100

$84,000

2013

$1,391 (−15.6%)

$14,900 + $45,100

$60,000

2012

$1,649 (−2.2%)

$14,900 + $67,100

$82,000

2011

$1,687 (−7.8%)

$14,900 + $116,100

$131,000

2010

$1,830 (−7.7%)

$12,300 + $134,700

$147,000

2009

$1,983

$12,300 + $170,700

$183,000

Tax history for 31500 33rd Pl SW Unit R204

Year

Property tax

Land + Additions

Assessment*

2026

$3,851 (+8.0%)

$43,000 + $280,000

$323,000

2025

$3,566 (+0.4%)

$43,000 + $280,000

$323,000

2024

$3,550 (+27.0%)

$43,000 + $270,000

$313,000

2023

$2,794 (+4.3%)

$29,900 + $293,100

$323,000

2022

$2,678 (+8.2%)

$28,000 + $253,000

$281,000

2021

$2,477 (+7.0%)

$26,100 + $207,900

$234,000

2020

$2,315 (+32.3%)

$26,100 + $176,900

$203,000

2019

$1,750 (−8.2%)

$14,900 + $133,100

$148,000

2018

$1,907 (+16.4%)

$14,900 + $133,100

$148,000

2017

$1,639 (+4.9%)

$14,900 + $116,100

$131,000

2016

$1,562 (+23.1%)

$14,900 + $97,100

$112,000

2015

$1,269 (+25.4%)

$14,900 + $87,100

$102,000

2014

$1,012 (−27.3%)

$14,900 + $69,100

$84,000

2013

$1,391 (−15.6%)

$14,900 + $45,100

$60,000

2012

$1,649 (−2.2%)

$14,900 + $67,100

$82,000

2011

$1,687 (−7.8%)

$14,900 + $116,100

$131,000

2010

$1,830 (−7.7%)

$12,300 + $134,700

$147,000

2009

$1,983

$12,300 + $170,700

$183,000

*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.

989

Year built

1990

Style

Condo/Co-op

County

King County

APN

500790138001

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 5, 2026.

Property details

Parking

Parking Information
Parking Space Numbers: 73 & 181
Parking Features: RV Parking, Carport, Uncovered
Has Carport

Interior

Bedroom Information
# of Bedrooms: 2
# of Bedrooms Main: 2
Bedrooms Possible: 2

Bathroom Information
# of Full Baths (Total): 1
# of Full Baths (Main): 1

Room 1 Information
Room Type: Bathroom Full
Room Level: Main

Room 2 Information
Room Type: Dining Room
Room Level: Main

Room 3 Information
Room Type: Entry Hall
Room Level: Main

Room 4 Information
Room Type: Kitchen With Eating Space
Room Level: Main

Room 5 Information
Room Type: Living Room
Room Level: Main

Room 6 Information
Room Type: Primary Bedroom
Room Level: Main

Room 7 Information
Room Type: Bedroom
Room Level: Main

Room 8 Information
Room Type: Utility Room
Room Level: Main

Laundry Room Information
Laundry Features: Electric Dryer Hookup, Washer Hookup

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: Laminate, Balcony/Deck/Patio, Cooking-Electric, Dryer-Electric, Washer, Fireplace
Appliances: Dryer, Washer
Flooring: Laminate, Vinyl
Appliance Hookups: Cooking-Electric,Dryer-Electric,Washer
Appliances Included: Dishwasher,Dryer,Garbage Disposal,Refrigerator,StoveRange,Washer

Exterior

Building Information
Roof: Composition

Exterior Features
Exterior Features: Wood, Wood Products

Property Information
Energy Source: Electric
Dwelling Type: Attached
Storage Location: Exterior & Balcony
Storage No.: P49
Style Code: 30 - Condo (1 Level)
Property Type: Residential
Property Sub Type: Condominium

Lot Information
MLS Lot Size Source: Public Records
Lot Features: Curbs, Paved, Sidewalk
Lot Size Units: Square Feet
Lot Size Acres: 0
Elevation Units: Feet

Financial

Tax Information
Tax Annual Amount: $2,794
Tax Year: 2023

Financial Information
Listing Terms: Cash Out, Conventional, FHA
Buyer Financing: Conventional

Utilities

Utility Information
Water Heater Location: Balcony

Location

Multi-Unit Information
Unit Features: Balcony/Deck/Patio,Top Floor
Units In Building Total: 8
Furnished: Unfurnished

HOA Information
Association Contact Name: Amy Knepp
Has HOA
Association Fee: $329
Association Fee Frequency: Monthly
Association Fee Includes: Cable TV, Common Area Maintenance, Garbage, Lawn Service, Sewer, Water

School Information
High School District: Federal Way

Location Information
Directions: From 320th St, turn right onto 30th Ave, left onto 311th, and slight left onto 33rd. Turn right into gated entry of Madera West. Building R will be on the right

Condo Information
Floor Number Of Unit: 2
Number Of Units In Community: 172

Community Information
Common Property Features: Athletic Court,Cable TV,ClubHouses,Exercise Room,Game/Rec Rm,Garden Space,Gated Entry,High Speed Int Avail,Hot Tub,Playground,Pool-Outdoor,RV Parking,Security Gate,See Remarks
Senior Exemption: false
Community Features: Cable TV, Exercise Room, Game/Rec Rm, Garden Space, High Speed Int Avail, Hot Tub, Pool, RV Parking, Gated, See Remarks
Pets Allowed: Subj to Restrictions

Public facts

Beds: 2
Baths: 1.0
Sq. Ft.: 989
Stories: 2.0
Lot Size: —
Style: Condo/Co-op
Year Built: 1990
Year Renovated: 2005
County: King County
APN: 500790138001

Home facts updated by county records on Sep 5, 2026

Other

Listing Information
Mls Status: Sold

Listing Date Information
Offers Review Date: Monday, April 3, 2023
On Market Date: Friday, March 24, 2023

Green Information
Power Production Type: Electric

Home Information
Living Area Units: Square Feet
Calculated Square Footage: 989
MLS Square Footage Source: Public Record
Building Area Total: 989
Building Area Units: Square Feet
Building Name: Madera West
Year Built Effective: 2005
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

$297,000 – $359,000

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Listing provided by NWMLS as Distributed by MLS Grid

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Listing provided by NWMLS as Distributed by MLS Grid

LISTED BY REDFIN3D WALKTHROUGH

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Listing provided by NWMLS as Distributed by MLS Grid

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Listing provided by NWMLS as Distributed by MLS Grid

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Listing provided by NWMLS as Distributed by MLS Grid

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Listing provided by NWMLS as Distributed by MLS Grid

Home values near 31500 33rd Pl SW Unit R204

Data from public records.

Address	Redfin Estimate
31500 33rd Place Southwest #N204, Federal Way, WA 1 Beds \| 1 Baths \| 734 Sq. Ft.	$226,134
31500 33rd Place Southwest #B202, Federal Way, WA 1 Beds \| 1 Baths \| 730 Sq. Ft.	$261,526
31500 33rd Place Southwest #F203, Federal Way, WA 2 Beds \| 2 Baths \| 1048 Sq. Ft.	$340,088
31500 33rd Place Southwest #L202, Federal Way, WA 1 Beds \| 1 Baths \| 846 Sq. Ft.	$284,550
31500 33rd Place Southwest #P103, Federal Way, WA 2 Beds \| 1 Baths \| 988 Sq. Ft.	$306,407
31500 33rd Place Southwest #104, Federal Way, WA 2 Beds \| 2 Baths \| 1375 Sq. Ft.	$400,570
31500 33rd Place Southwest #U201, Federal Way, WA 2 Beds \| 2 Baths \| 1038 Sq. Ft.	$329,629

Address	Redfin Estimate
31500 33rd Place Southwest #G104, Federal Way, WA 1 Beds \| 1 Baths \| 749 Sq. Ft.	$216,801
31500 33rd Place Southwest #D102, Federal Way, WA 2 Beds \| 1 Baths \| 1015 Sq. Ft.	$307,813
31500 33rd Place Southwest #F205, Federal Way, WA 2 Beds \| 1 Baths \| 997 Sq. Ft.	$283,510
31500 33rd Place Southwest #101, Federal Way, WA 1 Beds \| 1 Baths \| 802 Sq. Ft.	$275,839
31500 33rd Place Southwest #R103, Federal Way, WA 2 Beds \| 1 Baths \| 1015 Sq. Ft.	$303,668
31500 33rd Place Southwest #U105, Federal Way, WA 1 Beds \| 1 Baths \| 858 Sq. Ft.	$275,880
31500 33rd Place Southwest #A202, Federal Way, WA 2 Beds \| 1 Baths \| 1014 Sq. Ft.	$311,528

Address	Redfin Estimate
31500 33rd Place Southwest #N101, Federal Way, WA 2 Beds \| 2 Baths \| 1042 Sq. Ft.	$315,540
31500 33rd Place Southwest #E102, Federal Way, WA 2 Beds \| 1 Baths \| 1008 Sq. Ft.	$324,928
31500 33rd Place Southwest #G204, Federal Way, WA 1 Beds \| 1 Baths \| 749 Sq. Ft.	$275,320
31500 33rd Place Southwest #M204, Federal Way, WA 1 Beds \| 1 Baths \| 778 Sq. Ft.	$265,471
31500 33rd Place Southwest #R201, Federal Way, WA 2 Beds \| 2 Baths \| 1045 Sq. Ft.	$323,989
31500 33rd Place Southwest #U106, Federal Way, WA 1 Beds \| 1 Baths \| 797 Sq. Ft.	$257,290
31500 33rd Place Southwest #E202, Federal Way, WA 2 Beds \| 1 Baths \| 1008 Sq. Ft.	$314,118

Property information provided by NWMLS as Distributed by MLS Grid when last listed in 2023. This data may not match . Learn more.

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About this home

Redfin Estimate

Earn from this home

Market trends in 98023, WA

Sale history for 31500 33rd Pl SW Unit R204

Tax history for 31500 33rd Pl SW Unit R204

Public record

Property details

About this building

Around this home

Schools

Lifestyle

Local insights from Redfin agents

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 98023

Home values near 31500 33rd Pl SW Unit R204

More real estate resources