Sold252d on market
31451 48th Place SW
Federal Way, WA, 98023 • Twin Lakes • King County
$580,000
$433/sqft
3Beds
2Baths
1,340Sqft
0.11 acLot
1986Built
Property DNA
Contemporary Style
Built 1986 · 40 years of history
Dumas Bay
Twin Lakes
Outdoor Living
Bath Off Primary · Ceiling Fan(s) · Double Pane/Storm Window · Dining Room · Fireplace · French Doors · Walk-In Closet(s) · Water Heater
1 Fireplace
Gas · Main Level: 1 · Fireplace
2-Car Garage
Attached Garage
Ceramic Tile & Hardwood Floors
Quality flooring throughout
This home is in high demand
Listed 252 days ago · 5 views · Top 1% likely to sell soon
Market activity
Demand and pricing signals for this listing
5 views
People checking out this listing
252 days on market
Established listing
$433/sqft
Price per square foot
Selling Soon Prediction
Very HighThis home ranks in the top 1% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Single Family · Built 1986
Impressive 3BD/2BA rambler in a quiet, established neighborhood! This well-maintained home features vaulted ceilings, hardwood floors, & an open-concept layout filled with natural light. Spacious living and dining areas with a cozy gas fireplace and upgraded kitchen that opens to a private composite deck—great for entertaining. The primary suite offers an updated ensuite bath & private deck access. Highlights include Andersen windows and patio doors, a $14K Andersen front door, Speed Queen washer/dryer, tankless water heater, A/C, & 3 skylights. Fully fenced backyard with new walkways, mature landscaping, & plenty of space to relax or garden. Two-car garage provide ample parking. Conveniently located near trails, parks, the Sound & amenties
Standout features identified
Our analysis highlights cozy gas fireplace, upgraded kitchen, and mature landscaping as key attractions of this home.
Estimated monthly payment
Based on current rates
$3,618/month
Principal & Interest$2,823
Property Tax$580
Insurance$193
HOA$21
Down payment20% ($116,000)
3%50%
Est. 6.14% rate · 30yr fixed · $464,000 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1986
HeatingFireplace, Heat Pump, Natural Gas
CoolingHeat Pump
Parking2 Attached Garage spaces
HOA$250 annually
Lot5,005 sqft
Offer Review Date2025-07-15
Property
Home typeSingle Family
Sub-typeSingle Family Residence
StyleContemporary
ConditionGood
Year built1986
Stories1
Systems
HeatingFireplace, Heat Pump, Natural Gas
CoolingHeat Pump
RoofComposition
ConstructionCement Planked, Cement Plank
Water / SewerPublic, Company: Tacoma Public / Sewer Connected, Company: Lake Haven
Parking & Outdoor
ParkingAttached Garage
Garage2 spaces
BasementNone
Fireplaces1
Lot5,005 sqft
Location & Tax
NeighborhoodTwin Lakes
Annual tax$4,952
Parcel2115720190
Bathrooms & Fees
Full baths2
HOA$21/mo
Features & details
13 categories of property features
Interior Features
Interior
Bath Off Primary
Ceiling Fan(s)
Dining Room
Appliances
Dishwasher(s)
Disposal
Dryer(s)
Refrigerator(s)
Stove(s)/Range(s)
Washer(s)
Garbage Disposal
Water Heater: Electric
Water Heater Location: Garage
Flooring
Ceramic Tile
Hardwood
Heating
Fireplace
Heat Pump
Natural Gas
Cooling
Heat Pump
Fireplace
Gas
Main Level: 1
Fireplace
Windows
Double Pane/Storm Window
Exterior Features
Parking
Attached Garage
Construction
Cement Planked
Cement Plank
Patio & Porch
Bath Off Primary
Ceiling Fan(s)
Double Pane/Storm Window
Dining Room
Fireplace
French Doors
Walk-In Closet(s)
Water Heater
Lot Features
Corner Lot
Curbs
Dead End Street
Paved
Sidewalk
Cable TV
Deck
Fenced-Fully
Gas Available
High Speed Internet
Community
CCRs
Park
Utilities
Xfinity
Xfinity
Room details
9 rooms detailed
Master Bedroom
MainBedroom
MainBedroom
MainBathroom Full
MainBathroom Full
MainDining Room
MainListing insights
Market data and value estimates
StatusSold
Days on market252
Est. value$584,600
Est. rent$2,631/mo
Tax rate0.82%
Price/sqft$433
On marketAug 23, 2025
PostedJul 9, 2025
Last sold$580,000
MLS statusSold
MLS updatedAug 28, 2025
Tour days6
Views5
How are the schools in Federal Way?
3 schools rated nearby
Location
Federal Way, WA, 98023
Price history
4 events
DateEventPrice$/sqftSource
Jul 28, 2025Sold$580,000$433NWMLS as distributed by MLS GRID
Jul 14, 2025Pending Sale$549,000$410NWMLS as distributed by MLS GRID
Jul 9, 2025Listed For Sale$549,000$410NWMLS as distributed by MLS GRID
Sep 29, 1995Sold$127,750$95Public Record
Sold$580,000
Jul 28, 2025•$433/sqft•NWMLS as distributed by MLS GRID
Pending Sale$549,000
Jul 14, 2025•$410/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$549,000
Jul 9, 2025•$410/sqft•NWMLS as distributed by MLS GRID
Sold$127,750
Sep 29, 1995•$95/sqft•Public Record
Tax history
21 years of records
YearTax paidAssessed value
Apr 7, 2024$4,952$492,000
Apr 7, 2023$4,913$445,000
Apr 7, 2022$4,753$480,000
Apr 7, 2021$4,440$389,000
Apr 7, 2020$4,041$332,000
Apr 7, 2019$3,856$321,000
Apr 7, 2018$3,562$307,000
Apr 7, 2017$4,007$280,000
Apr 7, 2016$3,236$251,000
Apr 7, 2015$3,236$236,000
Apr 7, 2014$3,236$221,000
Apr 7, 2013$3,236$201,000
Apr 7, 2012—$182,000
Apr 7, 2011—$194,000
Apr 7, 2010—$231,000
Apr 7, 2009—$231,000
Apr 7, 2007—$227,000
Apr 7, 2006—$216,000
Apr 7, 2005—$195,000
Apr 7, 2001$2,050$152,000
Apr 7, 2000$1,991$142,000
Nearby homes
Neighborhood details
Local context around this listing
Federal Way, WA • King County
Nearby neighborhoods
AdelaideAlderbrookCampus HighlandsLaurelwoodMadronaMirror LakeRedondoSteel LakeTwin LakesWest Campus
Nearby cities
AuburnBellevueBothellFederal WayKentKirklandRedmondRenton
Nearby zip codes
98003980239806398093
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Based on information submitted to the MLS GRID as of 2026-04-07 13:08:59 PDT. 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. [Click here for more information](/mls-disclaimers/#39)
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