This home's estimate is 1.4% higher than the average sale price ($312K) of 6 comparable homes.
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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.

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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.
- 3D WALKTHROUGH$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 R204
$329/sq ft
$313/sq ft
$192/sq ft
$192/sq ft
$192/sq ft
$131/sq ft
$131/sq ft
$141/sq ft
$96/sq ft
$95/sq ft
Tax history for 31500 33rd Pl SW Unit R204
*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: 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
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
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 R204
| Address | Redfin Estimate |
|---|---|
1 Beds | 1 Baths | 775 Sq. Ft. | $242,683 |
1 Beds | 1 Baths | 730 Sq. Ft. | $258,747 |
| Address | Redfin Estimate |
|---|---|
1 Beds | 1 Baths | 718 Sq. Ft. | $269,919 |
2 Beds | 2 Baths | 1076 Sq. Ft. | $335,387 |
| Address | Redfin Estimate |
|---|---|
1 Beds | 1 Baths | 718 Sq. Ft. | $273,289 |
2 Beds | 1 Baths | 1008 Sq. Ft. | $329,195 |
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