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31500 33rd Place SW V102Federal Way, WA 98023

For Sale

$339,950

Smart Buyer Rebate $3,400

**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

·

425-442-6265

Last updated October 24, 2026

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Source: NWMLS #2597624

Listing Facts

  • TypeCondo
  • NeighborhoodFederal Way-Auburn
  • Bedrooms2
  • Bathrooms2
  • Days on Prevu8
  • HOA/Maint. Fees$390/month
  • Taxes$3,730/year

Amenities

  • Dishwasher
  • Washer/Dryer
  • Pets Allowed
  • Parking
  • Swimming Pool

Location

Mortgage Calculator

Listing History

10/23/2026
Listed by eXp Realty
$339,950
  1. 10/23/2026$339,950
    Listed by eXp Realty

Property Details for 31500 33rd Place SW V102

Association

Amenities

  • Community Features: Athletic Court, Club House, Exercise Room, Game/Rec Rm, Gated, Outside Entry, Playground, Pool, RV Parking, Trail(s)
  • Pets Allowed: Yes

Fees

  • Association Fee: $390.00 Monthly
  • Association Fee Includes: Common Area Maintenance, Concierge, Earthquake Insurance, Lawn Service, Security, Sewer, Trash, Water

Exterior

Construction

  • Roof: Composition
  • Stories Total: 2
  • Structure Type: Condominium
  • Year Built: 1990
  • Architectural Style: Contemporary
  • Building Name: Madera West
  • Construction Materials: Cement/Concrete, See Remarks, Wood, Wood Products
  • Entry Location: Main
  • Exterior Features: Cement/Concrete, See Remarks, Wood, Wood Products

Features

  • View: Territorial

Measurements

  • Building Area Total: 1,056
  • Building Area Units: Square Feet
  • Lot Features: Paved, Sidewalk
  • Lot Size Acres: 28.63
  • Lot Size Square Feet: 1,247,519
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 5007901660
  • Tax Annual Amount: $3,730.00
  • Tax Year: 2026

Interior

Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Fireplaces Total: 1
  • Flooring: Stone, Vinyl Plank, Carpet
  • Interior Features: Fireplace, Primary Bathroom, Walk-In Closet(s), Water Heater

Rooms

  • Bathrooms Full: 1
  • Bathrooms Three Quarter: 1
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 2
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2

Other

Location

  • Subdivision Name: Twin Lakes

Parking

Parking

  • Covered Spaces: 1
  • Garage: Yes
  • Parking Features: Individual Garage, RV Parking
  • Parking Total: 3

Schools

Elementary School

  • Elementary School: Twin Lakes Elem

High School

  • High School: Decatur High
  • High School District: Federal Way

Middle or Junior School

  • Middle Or Junior School: Lakota Mid Sch

Utilities

Equipment

  • Has Heating: Yes

Frequently Asked Questions

How many bedrooms and bathrooms does this condo have?

There are 2 bedrooms and 2 bathrooms in this condo at 31500 33rd Place SW V102.

What schools are nearby to 31500 33rd Place SW V102?

Nearby schools include the Twin Lakes Elem Elementary School, Lakota Mid Sch Middle School, and Decatur High.

Does this condo have parking?

Yes, there are 3 parking spaces available for 31500 33rd Place SW V102.

Are pets allowed at 31500 33rd Place SW?

Yes, 31500 33rd Place SW allows pets.

What are the annual taxes for 31500 33rd Place SW V102?

Annual taxes for this condo are estimated at $3,730.

How does 31500 33rd Place SW V102 compare to other condos in Federal Way-Auburn?

This condo is listed 11% above the average price for condos in Federal Way-Auburn and has been on the market for 76 less days than the typical home in this area.

What building or home owners association is the condo part of?

This condo is in the Madera West building.

31500 33rd Place SW V102 is a 2-bedroom, 2-bath condo for sale in Federal Way WA 98023. Available on Prevu for 8 days at $339,950. This property is located in Federal Way-Auburn. The median listing price for condos in this area is $599,950. Nearby schools include Twin Lakes Elem Elementary School, Lakota Mid Sch Middle School, and Decatur High. Additional amenities include dishwasher, pets allowed, parking, swimming pool, and washer/dryer. Explore more condo listings in King County.

Based on information from NWMLS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.