$294,950
Est. $1,634/moPrice reduced $5,050 from the original $300,000 asking price
1 bd•1 ba•842 sq ft
31500 33rd Place SW #G202, Federal Way, WA 98023
• Listed Apr 6, 2026•193 days active · 193 cumulative
Listing Broker: John L. Scott, Inc.; Lillian Morrow; 253-219-1161; LillianMorrow@johnlscott.com
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Listing Broker: John L. Scott, Inc.; Lillian Morrow; 253-219-1161; LillianMorrow@johnlscott.com
About this home
Move-in ready, no-stairs condo that offers easy-access living in the gated Madera West community. This bright and welcoming home features an open layout, brand-new carpet, and wide hallways throughout. The spacious living room flows seamlessly into the dining area, while the private balcony overlooks a peaceful greenbelt, creating a quiet retreat to relax and unwind. The well-equipped kitchen includes a newer appliances. A cozy fireplace, white millwork, and crown molding add warmth and character to the living space. The oversized bedroom offers exceptional flexibility with a walk-in closet and room for a home office, reading nook, exercise area, or additional sleeping space. Enjoy the convenience of a covered entry and assigned covered parking located directly in front of the unit, with additional room for easy loading and unloading. Long-term rentals are allowed, and up to two pets are welcome. HOA dues include water, sewer, and garbage, along with access to outstanding community amenities including a clubhouse, pool, hot tub, fitness center, sports court, playground, dog park, community garden, RV/boat parking, and guest parking. Conveniently located near parks, shopping, dining, I-5, and light rail access.
Listed by Lillian Morrow • John L. Scott, Inc.
Listing updated: September 17, 2026 at 11:44am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2498857
Around this home
How much should you offer?
31500 33rd Place SW #G202, Federal Way, WA 98023
Source:RexMont analysis of Northwest MLS sales data for this ZIP code plus third-party market data (RentCast). The estimates are RexMont's, not Northwest MLS listing data.
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
Property details
Interior features
- Alarm System
- Cooking-Electric
- Dryer-Electric
- Washer
Kitchen
- Dishwasher
- Dryer
- Microwave
- Refrigerator
- Stove(s)/Range(s)
- Washer
Bedrooms
- 1 bedroom total
- 1 on the main level
Bathrooms
- 1 full bathroom
- 1 on the main level
Layout
- Condo (1 Level)
Laundry
- Electric Dryer Hookup laundry
- Washer Hookup laundry
Flooring
- Ceramic Tile
- Vinyl
- Carpet
Heating & cooling
- Baseboard heating
- None cooling
Schools
Ratings via SchoolDiggerFederal Way School District
- Twin Lakes Elementary SchoolPublic · Grades PK-5 · State rank 568 of 1,1386/10
- Lakota Middle SchoolPublic · Grades 6-8 · State rank 295 of 5144/10
- Decatur High SchoolPublic · Grades 9-12 · State rank 338 of 3962/10
Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.
Condominium facts
As entered by the listing broker on Northwest MLS
Building & HOA
- Building
- Madera West
- Floor of unit
- 2
- Units in building
- 8
- Stories in building
- 2
- Common interest community
- Yes
- HOA dues
- $311
- Dues frequency
- Monthly
- Dues include
- Common Area Maintenance, Lawn Service, Sewer, Trash, Water
Rules
- Pets
- See Remarks, Subject to Restrictions
- 55+ community
- No
Unit
- Assigned parking
- 1
- Parking space numbers
- 48
- Unit features
- Alarm System,Balcony/Deck/Patio
- Common property features
- Athletic Court,Clubhouse,Exercise Room,Game/Rec Rm,Garden Space,Gated Entry,Playground,Pool-Outdoor,See Remarks,Trails
- Entry location
- Main
- Laundry
- Electric Dryer Hookup, Washer Hookup
Systems
- Energy source
- Electric
- Power production
- Electric
- Power company
- PSE
- Water company
- HOA
- Sewer company
- HOA
- Garbage service
- HOA
- Irrigation water rights
- No
Rooms & extras
- Bathtubs
- 1
- Showers
- 1
New construction
- Square footage source
- Realist
Neighborhood mobility
Doorstep, Pedal & Station Scores
Three RexMont scores for this exact address: what is on foot, what is by bike, and what rides past the door.
Ground Truth™
The ground, the slope, the flood zone and the noise at this address
Read from public hazard, flood, terrain and noise maps for this exact home.
Address Insider™
The members' report
Commute, transit, zoning and ADU potential, internet providers and the lifestyle around the home: the nearest grocery, coffee, park, services and transit stop. One free registration opens every home on rexmont.com.
Opens with the report above.
Sales & Tax Records for 31500 33rd Place SW #G202
NWMLS via MLS Grid · King County AssessorEvery listing, pending, price change and closing filed on this home with the NWMLS, the county’s recorded sales, and its assessed values by tax year.
- Sep 17, 2026Price reducedNWMLS via MLS Grid · #2498857$294,950$350/sq ft
- Apr 6, 2026ListedNWMLS via MLS Grid · #2498857$300,000$356/sq ft
- Oct 16, 2023SoldNWMLS via MLS Grid · #2149975$296,000$352/sq ft
- Aug 18, 2023PendingNWMLS via MLS Grid · #2149975$287,500$341/sq ft
- Aug 10, 2023ListedNWMLS via MLS Grid · #2149975$287,500$341/sq ft
- Mar 7, 2017SoldNWMLS via MLS Grid · #1055169$109,000$129/sq ft
Down payment assistance
6 programs may be available to provide you with up to $55,000 in down payment assistance, depending on your specific information.
Northwest MLS lists this home as eligible for down payment assistance programs
Source: program list compiled by RexMont from ARCH (A Regional Coalition for Housing) member-jurisdiction information. This is not Northwest MLS listing data.
Mortgage payment forecast
$2,299 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedSource: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.
Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
Ask about this home
A licensed RexMont broker will get back to you, usually in under 5 minutes during business hours.
Listing Broker: John L. Scott, Inc.; Lillian Morrow; 253-219-1161; LillianMorrow@johnlscott.com
Market pulse
Federal Way is a balanced market.
Supply and demand are roughly in balance. Neither side has a clear edge.
Offer insight: Homes typically sell with one offer near asking price.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 61 days.
Recent sales nearby
Within 1 mile · last 6 months$354,990 Sold
6 days ago
2 bd•2 ba•Condo
31500 33rd Place SW #N201, Federal Way, WA 98023
0%
Over list
60
Days on market
0.1 mi
Distance
$112,000 Sold
1 week ago
2 bd•1 ba•Condo
4601 SW 320th Street #Q5, Federal Way, WA 98023
10%
Under list
15
Days on market
0.9 mi
Distance
$305,999 Sold
2 weeks ago
3 bd•2 ba•Condo
1938 SW 318th Place #9C, Federal Way, WA 98023
2%
Over list
42
Days on market
0.8 mi
Distance
$288,888 Sold
2 weeks ago
3 bd•1.75 ba•Condo
1710 SW 318th Place #44D, Federal Way, WA 98023
4%
Under list
144
Days on market
0.8 mi
Distance
$225,000 Sold
7 weeks ago
2 bd•2 ba•Condo
31500 33rd Place SW #N102, Federal Way, WA 98023
1%
Over list
566
Days on market
0.1 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Oct 2026
Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID.
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of October 19, 2026 at 9:46 PM PT (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some IDX listings have been excluded from this website.
© 2026 Northwest Multiple Listing Service. All rights reserved.
HO
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