$307,000
Listed at $299,9501 bd•1 ba•797 sq ft
31500 33rd Place SW #U-206, Federal Way, WA 98023
• Listed Jul 14, 2026
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Listing Broker: Berkshire Hathaway HS NW; Aleksander Prokhor; 253-217-2364; alexprokhor@bhhsnwre.com
Buyer Broker: Rain Town Realty + JPAR
About this home
Welcome to Madera West! This charming 1-bedroom, 1-bath condominium is nestled within a gated community in an established neighborhood and backs up to a lush greenbelt, creating a private and peaceful setting. Enjoy your morning coffee or unwind in the evening from the covered deck overlooking the tranquil surroundings. Completely remodeled inside, with new kitchen, tile, flooring, SS appliances, The home includes one covered parking space, one uncovered parking space, and additional storage on the balcony, with optional RV and boat parking available. Madera West offers an impressive selection of amenities, including a clubhouse with a fitness center, hot tub, outdoor pool, sports court, playgrounds, beautifully maintained gardens, and a dog park. Perfect for homeowners and investors alike, the community has NO Rental Cap, NO Special Assessments, and is VA and FHA Approved. Recent upgrades throughout the complex include new roofs, siding, windows, decks, and railings, all complemented by low HOA dues. Enjoy the Convenience of a prime location in a secure, gated community. This quiet and peaceful neighborhood offers privacy, comfort, and welcoming atmosphere.
Listed by Aleksander Prokhor • Berkshire Hathaway HS NW
Listing updated: September 20, 2026 at 04:04am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2554217
Around this home
Property details
Interior features
- Cooking-Electric
- Dryer-Electric
- Fireplace
- Insulated Windows
- Top Floor
- Walk-In Closet(s)
- Washer
- Water Heater
- Fireplace (wood burning)
Kitchen
- Dishwasher
- Dryer
- Microwave
- Refrigerator
- Stove(s)/Range(s)
- Washer
Bedrooms
- 1 bedroom total
- 1 upstairs
Bathrooms
- 1 full bathroom
Layout
- Condo (2 Levels)
- Remodeled / updated: true
Laundry
- Electric Dryer Hookup laundry
- Washer Hookup laundry
Flooring
- Ceramic Tile
- Laminate
Heating & cooling
- Baseboard heating
- None cooling
- Window Unit(s) cooling
Condominium facts
As entered by the listing broker on Northwest MLS
Building & HOA
- Building
- Madera West
- Floor of unit
- 2
- Units in building
- 20
- Stories in building
- 2
- FHA-approved project
- Yes
- Co-op
- No
- Common interest community
- Yes
- HOA dues
- $305
- Dues frequency
- Monthly
- Dues include
- Common Area Maintenance, Lawn Service, Road Maintenance, Security, Sewer, Snow Removal, Trash, Water
- Special assessment
- false
- Other dues or fees
- No
- Association contact
- Madera West Condominium Association
- First right of refusal
- No
Rules
- Rental cap
- No Rental Cap
- Short-term rentals allowed
- No
- Pets
- See Remarks
- 55+ community
- No
Unit
- Assigned parking
- 2
- Parking space numbers
- 87 and 201
- Unit features
- Balcony/Deck/Patio,Insulated Windows,Top Floor,Walk-in Closet
- Entry location
- Upper (2nd Floor)
- Access stairs
- 18
- Laundry
- Electric Dryer Hookup, Washer Hookup
Systems
- Energy source
- Electric
- Power production
- Electric
- Water heater
- electric
- Water heater location
- closet
- Power company
- PSW
- Water company
- HOA-included
- Sewer company
- HOA-Included
- Gas company
- N/A
- Garbage service
- HOA-Included
- Irrigation water rights
- No
- Internet connected
- Comcast
- Cable connected
- Comcast
Green & certifications
- Energy-efficient features
- Insulated Windows
Rooms & extras
- Window coverings
- yes
- Bathtubs
- 1
- Showers
- 1
- Fireplaces on main
- 1
- Excluded items
- No
New construction
- Square footage source
- Title
- Lot size source
- Title
- Effective year built source
- Public Records
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 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.
Schools
Ratings via SchoolDiggerFederal Way School District
- Buyer To VerifyPublic · Grades Elementary—
- Buyer To VerifyPublic · Grades Middle—
- Buyer To VerifyPublic · Grades High—
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.
Sales & Tax Records for 31500 33rd Place SW #U-206
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.
- Aug 20, 2026SoldNWMLS via MLS Grid · #2554217$307,000$385/sq ft
- Jul 21, 2026PendingNWMLS via MLS Grid · #2554217$299,950$376/sq ft
- Jul 14, 2026ListedNWMLS via MLS Grid · #2554217$299,950$376/sq ft
- Aug 18, 2016Recorded saleKing County recorder · Statutory warranty deed$122,000$153/sq ft
- Nov 4, 2013SoldNWMLS via MLS Grid · #438430$50,000$63/sq ft
- Oct 29, 2013PendingNWMLS via MLS Grid · #438430$50,000$63/sq ft
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.
Recent sales nearby
Within 1 mile · last 6 months$305,999 Sold
1 day 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
1 week 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
$370,000 Sold
2 weeks ago
2 bd•2 ba•Condo
1921 SW 307th Street #B, Federal Way, WA 98023
2%
Under list
81
Days on market
0.8 mi
Distance
$225,000 Sold
6 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
$307,000 Sold
7 weeks ago
1 bd•1 ba•Condo
31500 33rd Place SW #U-206, Federal Way, WA 98023
2%
Over list
37
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
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of September 20, 2026 at 04:04am (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.
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