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Listed by: Skyline Properties, Inc. • Melissa Cazares

Bought with: Paramount Real Estate Group

$500,000

32216 39th Avenue S, Federal Way, WA 98001

4beds

1,860sqft

Single Family Residence

Built in 1966

9,744 Square Feet Lot

$484,200 Zestimate^®

$269/sqft

$3,069 Estimated rent

Home value

$484,200

$445,000 - $528,000

$3,069/mo

Zestimate^® history

Owner options

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$3,069/mo

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$3,069/mo

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Refinance and save

$3,074/mo

Est. payment

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$3,074/mo

Est. payment

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What's special

Discover a fantastic investment opportunity in this spacious 4-bedroom, 2-bathroom home nestled in a well-established neighborhood! With nearly 2,000 sq. ft. of living space and a generous 9,700 sq. ft. lot, this property offers plenty of room to breathe and grow. For those ready to roll up their sleeves, this home offers significant potential for instant equity. Don't miss out—sold as-is and available for CASH or hard money offers only!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 1
3/4 bathrooms: 1

Heating

Fireplace, Forced Air, Wall Unit(s), Electric

Cooling

None

Appliances

Included: Dishwasher(s), Dryer(s), Refrigerator(s), Stove(s)/Range(s), Water Heater: Electric, Water Heater Location: Garage

Features

Ceiling Fan(s), Dining Room
Flooring: Vinyl, Carpet
Windows: Double Pane/Storm Window
Basement: Finished
Number of fireplaces: 2
Fireplace features: Wood Burning, Lower Level: 1, Upper Level: 1, Fireplace

Interior area

Total structure area: 1,860
Total interior livable area: 1,860 sqft

Property

Parking

Total spaces: 2
Parking features: Driveway, Attached Garage, RV Parking
Attached garage spaces: 2

Features

Levels: Multi/Split
Patio & porch: Ceiling Fan(s), Double Pane/Storm Window, Dining Room, Fireplace, Water Heater

Lot

Size: 9,744 Square Feet
Features: Curbs, Paved, Deck, Fenced-Partially, Propane, RV Parking
Topography: Level

Details

Parcel number: 23 68100100
Special conditions: Standard
Other equipment: Leased Equipment: Propane

Construction

Type & style

Home type: SingleFamily
Architectural style: Split Entry
Property subtype: Single Family Residence

Materials

Wood Products
Foundation: Slab
Roof: Composition

Condition

Fixer
Year built: 1966
Major remodel year: 1966

Utilities & green energy

Electric: Company: PSE
Sewer: Septic Tank, Company: Septic
Water: Public, Company: Lakehaven

Community & HOA

Community

Subdivision: Federal Way

Location

Region: Federal Way

Financial & listing details

Price per square foot: $269/sqft
Tax assessed value: $540,000
Annual tax amount: $5,279
Date on market: 10/13/2025
Cumulative days on market: 282 days
Listing terms: Rehab Loan
Inclusions: Dishwasher(s), Dryer(s), Leased Equipment, Refrigerator(s), Stove(s)/Range(s)

Price history

Date	Event	Price
10/10/2025	Sold	$500,000+0.2%$269/sqft
Source: NWMLS as distributed by MLS GRID #2435234 Report a problem
9/28/2025	Pending sale	$499,000$268/sqft
Source: NWMLS as distributed by MLS GRID #2435234 Report a problem
9/24/2025	Listed for sale	$499,000+134.3%$268/sqft
Source: NWMLS as distributed by MLS GRID #2435234 Report a problem
8/28/2003	Sold	$212,950$114/sqft
Source: NWMLS as distributed by MLS GRID #23083219 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$5,587 +5.8%	$540,000 +3.1%
2024	$5,279 +1.6%	$524,000 +11%
2023	$5,199 +3.4%	$472,000 -7.3%
2022	$5,029 +10.3%	$509,000 +27.3%
2021	$4,560 +11.2%	$400,000 +18.7%
2020	$4,102 +5%	$337,000 +3.7%
2019	$3,905 +9.1%	$325,000 +5.5%
2018	$3,578 -7.9%	$308,000 +13.7%
2017	$3,887 +23%	$271,000 +16.8%
2016	$3,161	$232,000 +1.3%
2015	$3,161	$229,000 +6.5%
2014	$3,161	$215,000 +20.8%
2013	$3,161	$178,000 +2.3%
2012	--	$174,000 -19.8%
2011	--	$217,000 -7.7%
2010	--	$235,000
2009	--	$235,000 -4.1%
2007	--	$245,000 +21.9%
2006	--	$201,000 +5.8%
2005	--	$190,000 +25.8%
2001	$2,100 +4.5%	$151,000 +7.9%
2000	$2,010	$140,000