Skip main navigation
Off market
    • $586,000

    31418 40th Ave SW, Federal Way, WA 98023

    4beds
    2baths
    1,670sqft
    SingleFamily
    Built in 1974
    7,840 Square Feet Lot
    $586,000 Zestimate®
    $351/sqft
    $3,201 Estimated rent

    Home value

    $586,000

    $551,000 - $615,000

    $3,201/mo

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    $3,201/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $3,201/mo

    Rent Zestimate®

    Refinance and save

    $3,749/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $3,749/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    Privacy, space & affordability wrapped in a price that you truly can afford! Picturesque Charmer in one of Federal Way's most sought after neighborhoods, Twin Lakes! This extremely well maintained rambler has 4bd/2.5ba with a fabulous back yard & awesome curb appeal. 2 car garage, living & dining rm, gas FP & range, a true gardener's delight w/fruit trees, grape vines, herbs and much more! Active lifestyle- beautiful golf course community, walking, biking & shopping are just around the corner!

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2.25
    Heating
    • Forced air, Gas
    Appliances
    • Included: Dishwasher, Garbage disposal, Microwave, Range / Oven, Refrigerator
    Features
    • Flooring: Linoleum / Vinyl
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 1,670 sqft

    Property

    Parking
    • Parking features: Garage - Attached
    Features
    • Exterior features: Wood
    • Has view: Yes
    • View description: Territorial
    Lot
    • Size: 7,840 Square Feet
    Details
    • Parcel number: 8731982250

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Roof: Composition
    Condition
    • Year built: 1974

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $29 monthly
    Location
    • Region: Federal Way

    Financial & listing details

    • Price per square foot: $351/sqft
    • Tax assessed value: $607,000
    • Annual tax amount: $6,188

    Price history

    DateEventPrice
    6/26/2017Sold$350,000+0%$210/sqft
    Source: NWMLS as distributed by MLS GRID #1116988 Report a problem
    5/20/2017Pending sale$349,950$210/sqft
    Source: John L Scott Real Estate #1116988 Report a problem
    5/12/2017Listed for sale$349,950+30.3%$210/sqft
    Source: John L Scott Real Estate #1116988 Report a problem
    8/15/2014Sold$268,500+11.4%$161/sqft
    Source: NWMLS as distributed by MLS GRID #665581 Report a problem
    6/30/2010Sold$241,000-1%$144/sqft
    Source: NWMLS as distributed by MLS GRID #74567 Report a problem
    5/16/2010Listed for sale$243,500-11.5%$146/sqft
    Source: Windermere Real Estate/West Campus, Inc. #74567 Report a problem
    5/5/2005Sold$275,000$165/sqft
    Source: NWMLS as distributed by MLS GRID #25028066 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,188 +5.8%$607,000 +3.2%
    2024$5,847 +0.1%$588,000 +10.3%
    2023$5,844 +2.6%$533,000 -7.9%
    2022$5,695 +16.5%$579,000 +34.7%
    2021$4,889 +4.9%$430,000 +11.7%
    2020$4,661 +5.3%$385,000 +4.1%
    2019$4,427 +8.2%$370,000 +4.5%
    2018$4,090 -7.3%$354,000 +14.6%
    2017$4,411 +22.4%$309,000 +10.4%
    2016$3,605 $280,000 +7.7%
    2015$3,605 $260,000 +5.3%
    2014$3,605 $247,000 +27.3%
    2013$3,605 $194,000 +7.2%
    2012-- $181,000 -15%
    2011-- $213,000 -13.1%
    2010-- $245,000
    2009-- $245,000 +4.3%
    2007-- $235,000 +7.3%
    2006-- $219,000 +7.9%
    2005-- $203,000 +28.5%
    2001$2,128 +1.4%$158,000 +5.3%
    2000$2,099 $150,000
    Find assessor info on the county website

    Neighborhood: Twin Lakes

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Federal Way

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $586,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $586,000

    Nearby cities

    Nearby neighborhoods

    Nearby zip codes

    Other Federal Way Topics

      Search
      Updates
      Favorites
      Plan
      Inbox