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  • Zillow Home logoZestimate®
    $551,000

    31419 32nd Ave SW, Federal Way, WA 98023

    3beds
    1,040sqft
    Single Family Residence
    Built in ----
    -- sqft lot
    $551,000 Zestimate®
    $530/sqft
    $2,850 Estimated rent

    Home value

    $551,000

    $523,000 - $579,000

    $2,850/mo

    Zestimate® history
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    What's special

    Additional street parkingPrivate entranceCenter islandPlenty of cabinet spaceStainless steel appliancesGranite countertopsFront yard access

    Beautiful 3BR/2BA Home Private Entrance, A/C, Large Deck & In-Unit Laundry Beautiful and private upper-level home located in a quiet Federal Way neighborhood (98023). This approximately 1,040 sq. ft. home features 3 bedrooms, 2 full bathrooms, its own private entrance, a large private deck overlooking a peaceful wooded setting, and front yard access. The home features hardwood flooring throughout with no carpet, and a bright, open-concept living, dining, and kitchen area with a fireplace. The kitchen includes granite countertops, a center island, stainless steel appliances, dishwasher, microwave, and plenty of cabinet space. Enjoy year-round comfort with central heating and air conditioning provided by an energy-efficient heat pump. The home also includes a new in-unit washer and dryer and a recently remodeled bathroom with a walk-in shower. Additional features include two dedicated driveway parking spaces, additional street parking, and a convenient Federal Way location near shopping, restaurants, schools, and major highways. Rent: $2,695/month Security deposit: $2,500 12-month lease Available now No smoking or vaping anywhere on the property. Small, house-trained pets may be considered on a case-by-case basis. The lower level is currently unoccupied but may be occupied separately in the future. It has its own private entrance and separate living space. The upper and lower levels are separated to provide privacy for both households. Rent: $2,695/month. Security deposit: $2,500. 12-month lease. Available now. Tenant is responsible for 50% of water and electricity. Two dedicated driveway parking spaces are included. No smoking or vaping anywhere on the property. Small, house-trained pets may be considered on a case-by-case basis. The lower level is currently unoccupied but may be occupied separately in the future. It has its own private entrance and separate living space. The upper and lower levels are completely separated, with added insulation between the levels to help reduce sound transmission and provide additional privacy.

    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.

    Zillow last checked:

    Listing updated:

    Source: Zillow Rentals

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Cooling
    • Air Conditioner, Central Air
    Appliances
    • Included: Dryer, Washer
    • Laundry: In Unit
    Features
    • Flooring: Hardwood
    Interior area
    • Total interior livable area: 1,040 sqft

    Property

    Parking
    • Parking features: Attached, Garage
    • Has attached garage: Yes
    • Details: Contact manager
    Features
    • Patio & porch: Patio
    Details
    • Additional structures: Garage(s)
    • Parcel number: 4388000100

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence

    Community & HOA

    Community
    • Deposit fee: $2,500
    Location
    • Region: Federal Way

    Financial & listing details

    • Price per square foot: $530/sqft
    • Tax assessed value: $577,000
    • Annual tax amount: $5,922
    • Date on market: 9/8/2026
    • Lease term: 1 Year

    Price history

    DateEventPrice
    9/26/2026Listing removed$2,695$3/sqft
    Source: Zillow Rentals Report a problem
    9/8/2026Listed for rent$2,695-18.2%$3/sqft
    Source: Zillow Rentals Report a problem
    7/23/2026Listing removed$3,295$3/sqft
    Source: Zillow Rentals Report a problem
    7/1/2026Listed for rent$3,295+6.3%$3/sqft
    Source: Zillow Rentals Report a problem
    8/17/2023Listing removed--
    Source: Zillow Rentals Report a problem
    7/24/2023Listed for rent$3,099+3.3%$3/sqft
    Source: Zillow Rentals Report a problem
    6/15/2021Listing removed--
    Source: Zillow Rental Manager Report a problem
    6/5/2021Listed for rent$3,000+7.1%$3/sqft
    Source: Zillow Rental Manager Report a problem
    5/20/2021Listing removed--
    Source: Zillow Rental Manager Report a problem
    4/29/2021Listed for rent$2,800$3/sqft
    Source: Zillow Rental Manager Report a problem
    8/28/2009Sold$181,219-12.7%$174/sqft
    Source: NWMLS as distributed by MLS GRID #29086900 Report a problem
    6/16/2009Listed for sale$207,500-14.2%$200/sqft
    Source: Federal Way Office Report a problem
    2/5/2009Sold$241,823+44.8%$233/sqft
    Source: Public Record Report a problem
    12/7/1999Sold$167,000$161/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,922 +8.4%$577,000 +5.9%
    2024$5,464 +0.6%$545,000 +10.3%
    2023$5,431 +2.8%$494,000 -7.8%
    2022$5,286 +8.1%$536,000 +24.7%
    2021$4,889 +7.6%$430,000 +14.7%
    2020$4,544 +5.4%$375,000 +4.2%
    2019$4,310 +8.1%$360,000 +4.3%
    2018$3,989 -7.2%$345,000 +14.6%
    2017$4,300 +22.7%$301,000 +10.7%
    2016$3,506 $272,000 +7.5%
    2015$3,506 $253,000 +5.4%
    2014$3,506 $240,000 +47.2%
    2013$3,506 $163,000 +7.2%
    2012-- $152,000 -18.3%
    2011-- $186,000 -13.5%
    2010-- $215,000
    2009-- $215,000 +1.4%
    2007-- $212,000 +7.6%
    2006-- $197,000 +7.7%
    2005-- $183,000 +28.9%
    2001$1,920 +3.4%$142,000 +7.6%
    2000$1,856 $132,000
    Find assessor info on the county website

    Neighborhood: Twin Lakes

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $551,000
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    Estimated market value
    $551,000