$339,950
Est. $1,868/mo2 bd•1.75 ba•1,056 sq ft
31500 33rd Place SW #V102, Federal Way, WA 98023
• Listed Oct 23, 2026•2 days active · 2 cumulative
Listing Broker: eXp Realty; Laura Sinclair; 425-442-6265; laura@laurasinclairhomes.com
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Listing Broker: eXp Realty; Laura Sinclair; 425-442-6265; laura@laurasinclairhomes.com
About this home
**RARE OPPORTUNITY!** The seller's current mortgage features an incredible **2.875% interest rate that may be assumable, subject to lender approval and buyer qualification!** Welcome home to Madera West, where peaceful surroundings and convenience come together! Overlooking a landscaped, park-like setting with mature trees, greenery, and a walking path, this inviting 2-bedroom, 2-bath condo offers a peaceful retreat while keeping you close to everything. Inside, enjoy a spacious, light-filled layout with fresh paint, brand-new carpet, and crown molding throughout. The open living and dining areas offer plenty of room to entertain or simply unwind. Here's a big bonus: the community has undergone major improvements, including new roofs, siding, windows, balconies, and more! Parking and storage? You've got options! Enjoy your own private garage, parking directly in front, PLUS an additional assigned space. The garage has generous storage space ahead of your vehicle, and there's a separate dedicated storage room downstairs, too! Even better, this is one of only 20 homes with convenient access through a secondary community gate, making coming and going a breeze. Enjoy beautifully maintained grounds, community amenities, and low HOA dues. Shopping, dining, parks, golf, and commuter routes are all nearby. Whether you're buying your first home, simplifying, or ready for a change of scenery, come experience Madera West. Your next chapter might just start here!
Listed by Laura Sinclair • eXp Realty
Listing updated: October 24, 2026 at 12:27pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2597624
Around this home
How much should you offer?
31500 33rd Place SW #V102, 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
- Fireplace
- Primary Bathroom
- Walk-In Closet(s)
- Water Heater
- Fireplace (wood burning)
Kitchen
- Dishwasher
- Disposal
- Dryer
- Microwave
- Refrigerator
- Stove(s)/Range(s)
- Washer
Bedrooms
- 2 bedrooms total
- 2 on the main level
Bathrooms
- 1 full bathroom
- 1 three-quarter bathroom (shower, no tub)
- 1.75 bathrooms total (NWMLS count)
- 2 on the main level
Layout
- Condo (2 Levels)
Flooring
- Stone
- Vinyl Plank
- Carpet
Heating & cooling
- Baseboard heating
- Wall Furnace 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
- 172
- Stories in building
- 2
- FHA-approved project
- Yes
- Co-op
- No
- Common interest community
- No
- HOA dues
- $390
- Dues frequency
- Monthly
- Dues include
- Common Area Maintenance, Concierge, Earthquake Insurance, Lawn Service, Security, Sewer, Trash, Water
- Special assessment
- false
- Other dues or fees
- No
- Association contact
- RealManage Washington
- First right of refusal
- No
Rules
- Short-term rentals allowed
- No
- Pets
- Yes
- 55+ community
- No
Unit
- Parking space numbers
- 199
- Unit features
- Balcony/Deck/Patio,Primary Bath,Walk-in Closet
- Common property features
- Athletic Court,Clubhouse,Exercise Room,Game/Rec Rm,Gated Entry,Outside Entry,Playground,Pool-Outdoor,RV Parking,Trails
- Entry location
- Main
Systems
- Energy source
- Electric
- Power production
- Electric
- Water heater
- Electric
- Water heater location
- Garage
- Power company
- PSE
- Water company
- Lakehaven
- Sewer company
- HOA
- Irrigation water rights
- No
- Internet connected
- Xfinity
- Cable connected
- Xfinity
Rooms & extras
- Fireplaces on main
- 1
- Excluded items
- No
New construction
- Square footage source
- Public Records
- Lot size source
- Public Records
- 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, 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 #V102
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.
- Oct 23, 2026ListedNWMLS via MLS Grid · #2597624$339,950$322/sq ft
- Sep 2, 2020SoldNWMLS via MLS Grid · #1627036$263,000$249/sq ft
- Jul 10, 2020PendingNWMLS via MLS Grid · #1627036$255,000$241/sq ft
- Jul 9, 2020ListedNWMLS via MLS Grid · #1627036$255,000$241/sq ft
- May 16, 2011SoldNWMLS via MLS Grid · #70614$70,000$66/sq ft
- Feb 28, 2011PendingNWMLS via MLS Grid · #70614$79,900$76/sq ft
Down payment assistance
6 programs may be available to provide you with up to $16,998 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
$2,654 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: eXp Realty; Laura Sinclair; 425-442-6265; laura@laurasinclairhomes.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 66 days.
Recent sales nearby
Within 1 mile · last 6 months$354,990 Sold
2 weeks 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
2 weeks 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
$339,995 Sold
3 weeks ago
3 bd•2.5 ba•Condo
31732 47th Lane SW #C, Federal Way, WA 98023
0%
Over list
189
Days on market
0.9 mi
Distance
$288,888 Sold
3 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
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 25, 2026 at 6:34 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.
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© 2026 Northwest Multiple Listing Service. All rights reserved.
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