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Listed by Ramona Jones • Realogics Sotheby's Int'l Rlty.Some photos are virtually staged
FOR SALE

$575,000

Est. $3,185/mo

Price reduced $23,000 from the original $598,000 asking price

2 bd•2 ba•1,670 sq ft

31867 48th Circle SW #14A, Federal Way, WA 98023

• Listed Jun 1, 2026•139 days active · 139 cumulative

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★★★★★5.0·1,242 Google reviews

Listing Broker: Realogics Sotheby's Int'l Rlty; Ramona Jones; 206-227-0711; ramona@thejonesgroupre.com

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Listing Broker: Realogics Sotheby's Int'l Rlty; Ramona Jones; 206-227-0711; ramona@thejonesgroupre.com

About this home

Property type
Condo
Year built
2000
Interior
1,670 sq ft
Lot size
Not listed
Parking
Individual Garage
Price / sq ft
$344
HeatingForced Air, Heat Pump
CoolingCentral Air
Property taxes$6,029/yr (est.)
HOA dues$445/mo
School districtFederal Way

Listed by Ramona Jones • Realogics Sotheby's Int'l Rlty

Listing updated: October 15, 2026 at 12:27pm

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2533265

Around this home

RexMont OfferEdge™

How much should you offer?

31867 48th Circle SW #14A, Federal Way, WA 98023

List price
$575,000
Down payment
$115,000

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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

  • Central Vacuum
  • Cooking-Gas
  • Dryer-Electric
  • Fireplace
  • Skylight(s)
  • Walk-In Closet(s)
  • Fireplace (gas)

Kitchen

  • Dishwasher
  • Disposal
  • Dryer
  • Microwave
  • Refrigerator
  • Stove(s)/Range(s)
  • Washer

Bedrooms

  • 2 bedrooms total
  • 2 on the main level

Bathrooms

  • 2 full bathrooms
  • 2 on the main level

Layout

  • Condo (1 Level)
  • Remodeled / updated: true

Laundry

  • Electric Dryer Hookup laundry

Flooring

  • Hardwood
  • See Remarks
  • Vinyl
  • Carpet

Heating & cooling

  • Forced Air heating
  • Heat Pump heating
  • Central Air cooling

Schools

Ratings via SchoolDigger

Schools shown are the nearest public Elementary, Middle, and High school for this property and may not be the assigned schools. Verify attendance boundaries with the district before purchasing.

Condominium facts

As entered by the listing broker on Northwest MLS

Building & HOA

Building
The Palisades @ Dash Point
Floor of unit
1
Units in building
2
Stories in building
1
Common interest community
No
HOA dues
$445
Dues frequency
Monthly
Dues include
Common Area Maintenance, Earthquake Insurance, Lawn Service, Road Maintenance

Rules

Pets
Cats OK, Dogs OK, See Remarks
55+ community
Yes

Unit

Storage location
Full height crawl space
Unit features
Balcony/Deck/Patio,Central Vacuum,Skylights,Walk-in Closet
Common property features
Age Restriction,Gated Entry,Outside Entry,Security Gate
Entry location
Main
Laundry
Electric Dryer Hookup

Systems

Energy source
Electric,Natural Gas
Power production
Electric, Natural Gas
Power company
PSE
Water company
City of Tacoma
Sewer company
Lakehaven
Irrigation water rights
No
Internet connected
Xfinity
Cable connected
Xfinity

Rooms & extras

Window coverings
Stay
Bathtubs
2
Showers
2
Fireplaces on main
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.

Members

Opens with the report above.

Sales & Tax Records for 31867 48th Circle SW #14A

NWMLS via MLS Grid · King County Assessor

Every 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.

  1. Oct 15, 2026
    Price reduced
    NWMLS via MLS Grid · #2533265
    $575,000
    $344/sq ft
  2. Jun 1, 2026
    Listed
    NWMLS via MLS Grid · #2533265
    $598,000
    $358/sq ft
  3. Aug 11, 2004
    Sold
    NWMLS via MLS Grid · #24094524
    $299,000
    $179/sq ft
  4. Jul 21, 2004
    Pending
    NWMLS via MLS Grid · #24094524
    $299,000
    $179/sq ft
  5. May 28, 2002
    Recorded sale
    King County recorder · Statutory warranty deed
    $282,000
    $169/sq ft
  6. Jul 7, 2001
    Listed
    NWMLS via MLS Grid · #24094524
    $299,000
    $179/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

$4,276 per month

Great rate
Principal and interest
Property taxes
HOA dues
Home insurance

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Source: 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%.

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Listing Broker: Realogics Sotheby's Int'l Rlty; Ramona Jones; 206-227-0711; ramona@thejonesgroupre.com

Market pulse

Federal Way is a balanced market.

Supply and demand are roughly in balance. Neither side has a clear edge.

Buyer's marketSeller's market
  • 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 60 days.

Recent sales nearby

Within 1 mile · last 6 months
  • $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

    0.2 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

    1.0 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 agent

Market 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 18, 2026 at 11:04 AM 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.

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