Sold707d on market
31050 53rd Avenue SW
Federal Way, WA, 98023 • Twin Lakes • King County
$1,432,000
$387/sqft
5Beds
4Baths
3,700Sqft
0.8 acLot
1972Built
Property DNA
Waterfront Property
Bank-High, Bulkhead, Saltwater, Sound
Sound Views
Sound
Northwest Contemporary Style
Built 1972 · 54 years of history
Dash Point
Twin Lakes
Outdoor Living
Hardwood · Wall to Wall Carpet · Bath Off Primary · Built-In Vacuum · Ceiling Fan(s) · Dining Room · French Doors · Loft · Vaulted Ceiling(s) · Walk-In Closet(s) · Walk-In Pantry · Wine Cellar · Fireplace · Water Heater
1 Fireplace
Wood Burning · Main Level: 1 · Fireplace
Hardwood Floors
Quality flooring throughout
This home is getting attention
Listed 707 days ago · 20 views
Market activity
Demand and pricing signals for this listing
20 views
People checking out this listing
707 days on market
Established listing
$387/sqft
Price per square foot
Selling Soon Prediction
ModerateThis home ranks in the top 43% 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 1972
Enjoy an amazing waterfront home with views of the Puget Sound, Vashon Island, and Olympic Mountains. Incredible views from almost every room in this 5 bedroom and 3.25 bath home. This large home has been updated with a new primary bath, new paint, floors, kitchen, and carpet. Other amenities include: 2 view decks, workshop downstairs, new counter tops in kitchen and bath, walkway to the beach, garden space, vaulted ceilings, office, and wine cellar. Plenty of parking for 5 cars and the foundation in place for a 2 car garage. Watch the shipping lanes and Sunsets from this fantastic private location. Truly you will feel like you are on vacation everyday when you make this your new home!
Standout features identified
Our analysis highlights large home, plenty of parking, and vaulted ceilings as key attractions of this home.
Estimated monthly payment
Based on current rates
$8,917/month
Principal & Interest$7,008
Property Tax$1,432
Insurance$477
Down payment20% ($286,400)
3%50%
Est. 6.19% rate · 30yr fixed · $1,145,600 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1972
HeatingFireplace, Forced Air, Oil, Wood
CoolingNone
ParkingRV Parking, Driveway, Off Street
Lot0.80 Acres
Property
Home typeSingle Family
Sub-typeSingle Family Residence
StyleNorthwest Contemporary
Year built1972
Systems
HeatingFireplace, Forced Air, Oil, Wood
CoolingNone
RoofComposition
ConstructionWood Siding
Water / SewerPublic, Company: Tacoma City Water / Septic Tank, Company: Septic
Parking & Outdoor
ParkingRV Parking, Driveway, Off Street
BasementDaylight,Finished
Fireplaces1
Lot0.80 Acres
Location & Tax
NeighborhoodTwin Lakes
Annual tax$11,670
Parcel3210200115
Bathrooms & Fees
Full baths2
Features & details
11 categories of property features
Interior Features
Interior
Bath Off Primary
Central Vacuum
Ceiling Fan(s)
Dining Room
Loft
Appliances
Dishwashers_
Refrigerators_
StovesRanges_
Dishwasher(s)
Refrigerator(s)
Stove(s)/Range(s)
Water Heater: Electric
Water Heater Location: Downstairs
Flooring
Hardwood
Vinyl
Vinyl Plank
Carpet
Heating
Fireplace
Forced Air
Oil
Wood
Cooling
None
Fireplace
Wood Burning
Main Level: 1
Fireplace
Exterior Features
Parking
RV Parking
Driveway
Off Street
Construction
Wood Siding
Patio & Porch
Hardwood
Wall to Wall Carpet
Bath Off Primary
Built-In Vacuum
Ceiling Fan(s)
Dining Room
French Doors
Loft
Vaulted Ceiling(s)
Walk-In Closet(s)
Walk-In Pantry
Wine Cellar
Fireplace
Water Heater
Lot Features
Cul-De-Sac
Dead End Street
Paved
Secluded
Cable TV
Deck
Fenced-Partially
High Speed Internet
RV Parking
Views
Sound
Room details
18 rooms detailed
Master Bedroom
MainBedroom
SecondBedroom
LowerBedroom
LowerBedroom
LowerBathroom Full
LowerListing insights
Market data and value estimates
StatusSold
Days on market707
Est. value$1,485,400
Est. rent$4,651/mo
Tax rate0.82%
Price/sqft$387
On marketDec 2, 2023
PostedOct 19, 2023
Last sold$1,432,000
MLS statusSold
MLS updatedApr 30, 2024
Tour days6
Views20
How are the schools in Federal Way?
3 schools rated nearby
Location
Federal Way, WA, 98023
Price history
8 events
DateEventPrice$/sqftSource
Apr 30, 2024Sold$1,432,000$387NWMLS as distributed by MLS GRID
Dec 24, 2023Pending Sale$1,457,000$394NWMLS as distributed by MLS GRID
Oct 19, 2023Listed For Sale$1,457,000$394NWMLS as distributed by MLS GRID
Oct 17, 2023Listing Removed——John L Scott Real Estate
Sep 27, 2023Price Change$1,534,000$415John L Scott Real Estate
Sep 8, 2023Price Change$1,615,000$436John L Scott Real Estate
Jul 27, 2023Listed For Sale$1,700,000$459John L Scott Real Estate
Dec 8, 2003Sold$533,500$144Public Record
Sold$1,432,000
Apr 30, 2024•$387/sqft•NWMLS as distributed by MLS GRID
Pending Sale$1,457,000
Dec 24, 2023•$394/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$1,457,000
Oct 19, 2023•$394/sqft•NWMLS as distributed by MLS GRID
Listing Removed—
Oct 17, 2023•John L Scott Real Estate
Price Change$1,534,000
Sep 27, 2023•$415/sqft•John L Scott Real Estate
Price Change$1,615,000
Sep 8, 2023•$436/sqft•John L Scott Real Estate
Listed For Sale$1,700,000
Jul 27, 2023•$459/sqft•John L Scott Real Estate
Sold$533,500
Dec 8, 2003•$144/sqft•Public Record
Tax history
21 years of records
YearTax paidAssessed value
Apr 8, 2024$11,929$1,238,000
Apr 8, 2023$12,047$1,119,000
Apr 8, 2022$11,670$1,207,000
Apr 8, 2021$10,904$978,000
Apr 8, 2020$9,914$834,000
Apr 8, 2019$8,893$753,000
Apr 8, 2018$9,386$825,000
Apr 8, 2017$10,586$752,000
Apr 8, 2016$9,198$730,000
Apr 8, 2015$9,198$686,000
Apr 8, 2014$9,198$641,000
Apr 8, 2013$9,198$542,000
Apr 8, 2012—$500,000
Apr 8, 2011—$533,000
Apr 8, 2010—$633,000
Apr 8, 2009—$633,000
Apr 8, 2007—$599,000
Apr 8, 2006—$569,000
Apr 8, 2005—$533,000
Apr 8, 2001$6,155$468,000
Apr 8, 2000$5,934$435,000
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
Similar homes
Based on information submitted to the MLS GRID as of 2026-04-07 20:08:58 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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