$294,950
Est. $1,575/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•176 days active · 176 cumulative
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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
Open houses
No upcoming open houses scheduled for this property.
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
Bathrooms
- 1 full bathroom
Flooring
- Ceramic Tile
- Vinyl
- Carpet
Heating & cooling
- Baseboard heating
- None cooling
Neighborhood mobility
Walk, bike & transit scores
Source: Walk Score®, Bike Score® and Transit Score® are provided by Walk Score (walkscore.com), a third-party service. This is not Northwest MLS listing data.
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 391 of 5342/10
- Decatur High SchoolPublic · Grades 9-12 · State rank 382 of 4382/10
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.
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.
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
$2,240 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.
Market pulse
Federal Way is a balanced market.
Supply and demand are roughly in balance. Neither side has a clear edge.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 57 days.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Sep 2026
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of September 17, 2026 at 11:44am (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.
© 2026 Northwest Multiple Listing Service. All rights reserved.
HO
Equal Housing Opportunity. RexMont Real Estate is pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap, familial status, or national origin.