Sold223d on market
31717 48th Lane SW #A
Federal Way, WA, 98023 • Twin Lakes • King County
$360,000
$287/sqft
2Beds
2Baths
1,255Sqft
1980Built
Property DNA
Territorial Views
Territorial
Modern Style
Built 1980 · 46 years of history
Dash Point
Twin Lakes
Outdoor Living
Alarm System · Cooking-Electric · Dryer-Electric · End Unit · Fireplace · Ground Floor · Primary Bathroom · Skylight(s) · Vaulted Ceiling(s) · Washer · Water Heater
1 Fireplace
Wood Burning · Main Level: 1 · Fireplace
1-Car Garage
Individual Garage · Uncovered
Ceramic Tile Floors
Quality flooring throughout
Market activity
Demand and pricing signals for this listing
4 views
People checking out this listing
223 days on market
Established listing
$287/sqft
Price per square foot
About this home
Condo · Built 1980
Formerly a 3 bedroom home, converted now w/large office off foyer. Luxury one level home on end is one of the largest ramblers. Formal entry, open concept.Attached garage+driveway parking (2 spots)-you can rent a 3rd.! Vaulted Ceiling & fireplace Live Rm Updated kitchen w/new counters & breakfast bar adjacent to dining rm. Sliding glass door to private back patio. All windows w/blinds & many face south for sunlight! Laundry room custom storage cabs. Built in shelves garage, 4.5 yr old gas H2O.. Primary bedroom w/2 large closets & 5 Piece bath&skylight! Use Gas furnace or baseboards in rooms. HOA installed New roof &skylight. Swimming Pool 1 block away, Being sold in As Is Condition, flooring credit possible. Any size dog ok. No rent cap
Standout features identified
Our analysis highlights luxury one level home, updated kitchen, and large office off foyer as key attractions of this home.
Estimated monthly payment
Based on current rates
$2,803/month
Principal & Interest$1,761
Property Tax$360
Insurance$120
HOA$562
Down payment20% ($72,000)
3%50%
Est. 6.18% rate · 30yr fixed · $288,000 loan
Full calculator →At a glance
Key facts and listing details
TypeCondominium
Year Built1980
HeatingFireplace, Baseboard, Forced Air, Electric, Natural Gas, Wood
CoolingNone
Parking1 Garage space
HOA$562 monthly
Property
Home typeCondo
Sub-typeCondominium
StyleModern
Year built1980
Systems
HeatingFireplace, Baseboard, Forced Air, Electric, Natural Gas, Wood
CoolingNone
RoofComposition
ConstructionStucco, Wood Siding
Parking & Outdoor
ParkingIndividual Garage, Uncovered
Garage1 spaces
Fireplaces1
Location & Tax
NeighborhoodTwin Lakes
Annual tax$3,695
Parcel7843000130
Bathrooms & Fees
Full baths2
HOA$562/mo
Features & details
14 categories of property features
Interior Features
Appliances
Dishwasher(s)
Dryer(s)
Refrigerator(s)
Stove(s)/Range(s)
Washer(s)
Water Heater: Gas
Water Heater Location: Garage
Cooking - Electric Hookup
Cooking-Electric
Dryer-Electric
Washer
Flooring
Ceramic Tile
Vinyl
Carpet
Heating
Fireplace
Baseboard
Forced Air
Electric
Natural Gas
Wood
Cooling
None
Laundry
Electric Dryer Hookup
Washer Hookup
Fireplace
Wood Burning
Main Level: 1
Fireplace
Windows
Skylight(s)
Coverings: Blinds
Exterior Features
Parking
Individual Garage
Uncovered
Construction
Stucco
Wood Siding
Patio & Porch
Alarm System
Cooking-Electric
Dryer-Electric
End Unit
Fireplace
Ground Floor
Primary Bathroom
Skylight(s)
Vaulted Ceiling(s)
Washer
Water Heater
Lot Features
Curbs
Paved
Community
Pool
Views
Territorial
Utilities
Xfinity
Xfinity
Room details
11 rooms detailed
Master Bedroom
MainBedroom
MainBathroom Full
MainDining Room
MainEntry Hall
MainEntry Hall
MainListing insights
Market data and value estimates
StatusSold
Days on market223
Est. value$363,400
Est. rent$2,218/mo
Tax rate0.82%
Price/sqft$287
On marketJul 29, 2025
PostedMay 28, 2025
Last sold$360,000
MLS statusSold
MLS updatedSep 26, 2025
Tour days6
Views4
How are the schools in Federal Way?
3 schools rated nearby
Location
Federal Way, WA, 98023
Price history
4 events
DateEventPrice$/sqftSource
Aug 26, 2025Sold$360,000$287NWMLS as distributed by MLS GRID
Jul 26, 2025Pending Sale$399,950$319NWMLS as distributed by MLS GRID
May 28, 2025Listed For Sale$399,950$319NWMLS as distributed by MLS GRID
Mar 3, 1997Sold$104,900$84Public Record
Sold$360,000
Aug 26, 2025•$287/sqft•NWMLS as distributed by MLS GRID
Pending Sale$399,950
Jul 26, 2025•$319/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$399,950
May 28, 2025•$319/sqft•NWMLS as distributed by MLS GRID
Sold$104,900
Mar 3, 1997•$84/sqft•Public Record
Tax history
21 years of records
YearTax paidAssessed value
Apr 7, 2024$3,956$342,000
Apr 7, 2023$3,695$332,000
Apr 7, 2022$3,316$331,000
Apr 7, 2021$3,181$276,000
Apr 7, 2020$2,854$232,000
Apr 7, 2019$2,602$214,000
Apr 7, 2018$2,420$206,000
Apr 7, 2017$2,803$194,000
Apr 7, 2016$2,663$169,000
Apr 7, 2015$2,663$168,000
Apr 7, 2014$2,663$181,000
Apr 7, 2013$2,663$127,000
Apr 7, 2012—$119,000
Apr 7, 2011—$162,000
Apr 7, 2010—$178,000
Apr 7, 2009—$178,000
Apr 7, 2007—$192,000
Apr 7, 2006—$167,000
Apr 7, 2005—$160,000
Apr 7, 2001$1,648$121,100
Apr 7, 2000$1,422$99,800
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 05:48:26 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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