Sold565d on market
31717 48th Lane SW #D
Federal Way, WA, 98023 • Twin Lakes • King County
$355,000
$332/sqft
2Beds
2Baths
1,068Sqft
4.1 acLot
1980Built
Property DNA
Dash Point
Twin Lakes
Outdoor Living
Balcony/Deck/Patio · Cooking-Electric · Dryer-Electric · Fireplace · Wall to Wall Carpet · Washer · Water Heater · Yard
1 Fireplace
Gas · Main Level: 1 · Fireplace
Market activity
Demand and pricing signals for this listing
1 views
People checking out this listing
565 days on market
Established listing
$332/sqft
Price per square foot
About this home
Condo · Built 1980
This 2 bedroom, 2 full bath lower level corner unit is a rare find. This home has vaulted ceilings for a more spacious feel. Front room features gas fireplace and slider to private deck that is the perfect design. Kitchen has great corner sink with large viewing windows for a light and bright feel. Designated dining area is an ideal space with great flow to the living room. Master bedroom is spacious and has its own bathroom with nice closet space. Master bath has double sinks and a garden tub. Complex features private outdoor pool and clubhouse for member use. Great commuter location just minutes from parks, shops, stores and light rail. Call today for a tour and don’t miss out on this incredible Smoke Tree Community offering.
Estimated monthly payment
Based on current rates
$2,718/month
Principal & Interest$1,737
Property Tax$355
Insurance$118
HOA$508
Down payment20% ($71,000)
3%50%
Est. 6.18% rate · 30yr fixed · $284,000 loan
Full calculator →At a glance
Key facts and listing details
TypeCondominium
Year Built1980
HeatingFireplace, Baseboard, Electric, Natural Gas
CoolingNone
ParkingUncovered
HOA$508 monthly
Property
Home typeCondo
Sub-typeCondominium
Year built1980
Stories1
Systems
HeatingFireplace, Baseboard, Electric, Natural Gas
CoolingNone
RoofComposition
ConstructionStucco
Parking & Outdoor
ParkingUncovered
Fireplaces1
Lot4.09 Acres
Location & Tax
NeighborhoodTwin Lakes
Annual tax$3,599
Parcel7843000160
Bathrooms & Fees
Full baths2
HOA$508/mo
Features & details
11 categories of property features
Interior Features
Appliances
Dishwasher(s)
Refrigerator(s)
Water Heater: Electric
Water Heater Location: Garage
Cooking - Electric Hookup
Cooking-Electric
Dryer-Electric
Washer
Flooring
Vinyl
Carpet
Heating
Fireplace
Baseboard
Electric
Natural Gas
Cooling
None
Laundry
Electric Dryer Hookup
Washer Hookup
Fireplace
Gas
Main Level: 1
Fireplace
Exterior Features
Parking
Uncovered
Construction
Stucco
Patio & Porch
Balcony/Deck/Patio
Cooking-Electric
Dryer-Electric
Fireplace
Wall to Wall Carpet
Washer
Water Heater
Yard
Lot Features
Corner Lot
Curbs
Dead End Street
Paved
Yard
Community
Cable TV
Clubhouse
Pool
Room details
8 rooms detailed
Bedroom
MainBedroom
MainBathroom Full
MainBathroom Full
MainDining Room
MainEntry Hall
MainListing insights
Market data and value estimates
StatusSold
Days on market565
Est. value$347,400
Est. rent$2,020/mo
Tax rate0.82%
Price/sqft$332
On marketJul 22, 2024
PostedJun 20, 2024
Last sold$355,000
MLS statusSold
MLS updatedSep 19, 2024
Tour days6
Views1
How are the schools in Federal Way?
3 schools rated nearby
Location
Federal Way, WA, 98023
Price history
8 events
DateEventPrice$/sqftSource
Sep 18, 2024Sold$355,000$332NWMLS as distributed by MLS GRID
Aug 24, 2024Pending Sale$359,500$337NWMLS as distributed by MLS GRID
Jul 3, 2024Listed For Sale$359,500$337NWMLS as distributed by MLS GRID
Jun 27, 2024Pending Sale$359,500$337NWMLS as distributed by MLS GRID
Jun 20, 2024Listed For Sale$359,500$337NWMLS as distributed by MLS GRID
Sep 28, 2018Sold$222,000$208NWMLS as distributed by MLS GRID
Aug 13, 2018Pending Sale$215,000$201John L Scott Real Estate
Aug 4, 2018Listed For Sale$215,000$201John L Scott Real Estate
Sold$355,000
Sep 18, 2024•$332/sqft•NWMLS as distributed by MLS GRID
Pending Sale$359,500
Aug 24, 2024•$337/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$359,500
Jul 3, 2024•$337/sqft•NWMLS as distributed by MLS GRID
Pending Sale$359,500
Jun 27, 2024•$337/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$359,500
Jun 20, 2024•$337/sqft•NWMLS as distributed by MLS GRID
Sold$222,000
Sep 28, 2018•$208/sqft•NWMLS as distributed by MLS GRID
Pending Sale$215,000
Aug 13, 2018•$201/sqft•John L Scott Real Estate
Listed For Sale$215,000
Aug 4, 2018•$201/sqft•John L Scott Real Estate
Tax history
21 years of records
YearTax paidAssessed value
Apr 7, 2024$3,752$325,000
Apr 7, 2023$3,600$323,000
Apr 7, 2022$3,040$302,000
Apr 7, 2021$2,918$252,000
Apr 7, 2020$2,609$211,000
Apr 7, 2019$2,369$194,000
Apr 7, 2018$2,184$185,000
Apr 7, 2017$2,496$172,000
Apr 7, 2016$2,350$150,000
Apr 7, 2015$2,350$149,000
Apr 7, 2014$2,350$159,000
Apr 7, 2013$2,350$115,000
Apr 7, 2012—$107,000
Apr 7, 2011—$150,000
Apr 7, 2010—$162,000
Apr 7, 2009—$162,000
Apr 7, 2007—$171,000
Apr 7, 2006—$147,000
Apr 7, 2005—$141,000
Apr 7, 2001$1,487$108,700
Apr 7, 2000$1,292$90,100
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 07:23:27 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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