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  • Listed by: Century 21 Blue Chip • Greg Pubols
    $715,000

    31423 42nd Place SW, Federal Way, WA 98023

    4beds
    3,500sqft
    : 
    $4,434/mo
    Get pre-qualified
    Single Family Residence
    Built in 1978
    8,529 Square Feet Lot
    $702,300 Zestimate®
    $204/sqft
    $40/mo HOA

    What's special

    Mature landscapingPeaceful established settingRoom for everyoneBeautifully refinished oak floorsAbundant windowsRefreshed finishesFresh interior paint
    Spacious late-’70s home tucked into the quiet Twin Hills neighborhood of Federal Way! Recent updates include new carpet, fresh interior paint and beautifully refinished oak floors. Generously sized rooms and abundant windows create a light, bright interior with plenty of space for everyday living and entertaining. Enjoy fireplaces on both floors, a deck equipped for a hot tub and mature landscaping that provides a peaceful, established setting. Timeless character, refreshed finishes and room for everyone!
    1 day
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    209
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    11
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    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Greg Pubols,

    Century 21 Blue Chip

    Source: NWMLS as distributed by MLS GRID,MLS#: 2567595MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 3
      • Main level bathrooms: 2
      • Main level bedrooms: 2
      Primary bedroom
      • Level: Main
      Bedroom
      • Level: Lower
      Bedroom
      • Level: Lower
      Bedroom
      • Level: Main
      Bathroom full
      • Level: Lower
      Bathroom full
      • Level: Main
      Bathroom full
      • Level: Main
      Den office
      • Level: Main
      Dining room
      • Level: Main
      Family room
      • Level: Lower
      Kitchen with eating space
      • Level: Main
      Living room
      • Level: Main
      Utility room
      • Level: Lower
      Heating
      • Fireplace, Forced Air, Natural Gas
      Cooling
      • None
      Appliances
      • Included: Dishwasher, Dryer, Refrigerator, Stove(s)/Range(s), Washer, Dishwasher(s), Dryer(s), Refrigerator(s), Washer(s), Water Heater: Gas, Water Heater Location: Basement
      Features
      • Bath Off Primary, Ceiling Fan(s), Dining Room
      • Flooring: Hardwood, Vinyl, Carpet
      • Doors: French Doors
      • Windows: Dbl Pane/Storm Window
      • Basement: Daylight,Finished
      • Number of fireplaces: 2
      • Fireplace features: Wood Burning, Lower Level: 1, Main Level: 1, Fireplace
      Interior area
      • Total structure area: 3,500
      • Total interior livable area: 3,500 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Attached Garage
      • Has attached garage: Yes
      • Covered spaces: 2
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Bath Off Primary, Ceiling Fan(s), Dbl Pane/Storm Window, Dining Room, Fireplace, French Doors, Walk-In Closet(s), Water Heater
      • Has view: Yes
      • View description: Territorial
      Lot
      • Size: 8,529 Square Feet
      • Dimensions: 110' x 36' x 37' x 104' x 91'
      • Features: Curbs, Paved, Sidewalk, Deck, Fenced-Partially, Gas Available, Outbuildings, Sprinkler System
      • Topography: Level,Partial Slope,Terraces
      • Residential vegetation: Fruit Trees
      Details
      • Parcel number: 8731990350
      • Zoning: RS7.2
      • Zoning description: Jurisdiction: City
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Contemporary,1 Story w/Bsmnt.
      • Property subtype: Single Family Residence
      Materials
      • Wood Siding
      • Foundation: Poured Concrete
      • Roof: Composition
      Condition
      • Very Good
      • Year built: 1978

      Utilities & green energy

      • Electric: Company: PSE
      • Sewer: Sewer Connected, Company: Lakehaven
      • Water: Public, Company: Tacoma Public Utility

      Community & HOA

      Community
      • Subdivision: Twin Lakes
      HOA
      • Services included: Common Area Maintenance
      • HOA fee: $120 quarterly
      Location
      • Region: Federal Way

      Financial & listing details

      • Price per square foot: $204/sqft
      • Tax assessed value: $683,000
      • Annual tax amount: $6,634
      • Date on market: 8/18/2026
      • Cumulative days on market: 3 days
      • Listing terms: Conventional,FHA,VA Loan
      • Inclusions: Dishwasher(s), Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)

        Estimated market value

        $702,300

        $667,000 - $737,000

        $3,496/mo

        Price history

        DateEventPrice
        8/19/2026Listed for sale$715,000+180.4%$204/sqft
        Source: NWMLS as distributed by MLS GRID #2567595 Report a problem
        8/10/1999Sold$254,950$73/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$7,031 +6%$683,000 +3.2%
        2024$6,634 +1.2%$662,000 +10.3%
        2023$6,553 +2.7%$600,000 -7.8%
        2022$6,380 +16.6%$651,000 +34.8%
        2021$5,471 -0.2%$483,000 +6.2%
        2020$5,480 +5.2%$455,000 +4.1%
        2019$5,208 +8.3%$437,000 +4.5%
        2018$4,810 -7.1%$418,000 +14.8%
        2017$5,178 +22.8%$364,000 +10.6%
        2016$4,215 $329,000 +7.5%
        2015$4,215 $306,000 +5.5%
        2014$4,215 $290,000 +31.8%
        2013$4,215 $220,000 +7.3%
        2012-- $205,000 -14.9%
        2011-- $241,000 -13%
        2010-- $277,000
        2009-- $277,000 -0.4%
        2007-- $278,000 +7.3%
        2006-- $259,000 +7.9%
        2005-- $240,000 +33.3%
        2001$2,414 +1.4%$180,000 +5.3%
        2000$2,381 $171,000
        Find assessor info on the county website

        Monthly payment

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        Payment breakdown

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        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: Twin Lakes

        Getting around

        16 / 100
        Car-Dependent
        27 / 100
        Some Transit
        38 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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