Welcome to your stunning new residence, where luxury meets lifestyle. This beautifully updated 3-bedroom, 2.5-bathroom home is a true gem, boasting an array of modern upgrades & amenities. Enjoy the elegance of granite countertops, chef's kitchen, newer bathrooms, fresh paint, plush comfort of new carpet, and the peace of mind with brand-new windows, insulation and a newer roof. Plus, the two-car garage with a work area offers the perfect space for your hobbies or additional storage. This home offers not just a place to live, but a vibrant community experience. Located close to schools, amenities, transit, freeways for an easy commute in any direction.
Sold
Listed by: Windermere RE South Sound, Inc • Kathy Callahan
Bought with: Berkshire Hathaway HS NW
$665,000
32216 40th Place SW, Federal Way, WA 98023
3beds
1,990sqft
Single Family Residence
Built in 1972
8,158 Square Feet Lot
$635,700 Zestimate®
$334/sqft
$3,216 Estimated rent
Home value
$635,700
$578,000 - $693,000
$3,216/mo
Zestimate® history
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$4,177/mo
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Zillow last checked:
Listing updated:
Listed by:
Kathy Callahan,
Windermere RE South Sound, Inc
Bought with:
Angelica Thrasher, 116540
Berkshire Hathaway HS NW
Source: NWMLS as distributed by MLS GRID,MLS#: 2282321
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 1
- 3/4 bathrooms: 1
- 1/2 bathrooms: 1
Primary bedroom
- Level: Second
Bedroom
- Level: Second
Bedroom
- Level: Second
Bathroom full
- Level: Second
Bathroom three quarter
- Level: Second
Other
- Level: Lower
Dining room
- Level: Main
Entry hall
- Level: Main
Family room
- Level: Lower
Kitchen with eating space
- Level: Main
Living room
- Level: Main
Utility room
- Level: Lower
Heating
- Fireplace, Forced Air, Electric, Natural Gas
Cooling
- None
Appliances
- Included: Dishwasher(s), Dryer(s), Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s), Garbage Disposal, Water Heater: Gas, Water Heater Location: Garage
Features
- Bath Off Primary, Dining Room
- Flooring: Ceramic Tile, Laminate, Vinyl, Carpet
- Windows: Double Pane/Storm Window
- Basement: Finished
- Number of fireplaces: 1
- Fireplace features: Wood Burning, Main Level: 1, Fireplace
Interior area
- Total structure area: 1,990
- Total interior livable area: 1,990 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached Garage
- Attached garage spaces: 2
Features
- Levels: Three Or More
- Entry location: Main
- Patio & porch: Bath Off Primary, Ceramic Tile, Double Pane/Storm Window, Dining Room, Fireplace, Laminate, Vaulted Ceiling(s), Walk-In Closet(s), Wall to Wall Carpet, Water Heater
- Pool features: Community
Lot
- Size: 8,158 Square Feet
- Features: Curbs, Paved, Sidewalk, Cable TV, Fenced-Fully, High Speed Internet, Outbuildings, Patio
- Topography: Level
- Residential vegetation: Garden Space
Details
- Parcel number: 8731960370
- Zoning description: Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Tri-Level
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Good
- Year built: 1972
- Major remodel year: 1972
Utilities & green energy
- Electric: Company: PSE
- Sewer: Sewer Connected, Company: Lakehaven
- Water: Public, Company: Lakehaven
- Utilities for property: Xfinity, Xfinity
Community & HOA
Community
- Features: CCRs
- Subdivision: Twin Lakes
HOA
- HOA fee: $100 quarterly
Location
- Region: Federal Way
Financial & listing details
- Price per square foot: $334/sqft
- Tax assessed value: $590,000
- Annual tax amount: $5,685
- Date on market: 11/4/2024
- Cumulative days on market: 625 days
- Listing terms: Conventional,FHA,VA Loan
- Inclusions: Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Price history
| Date | Event | Price |
|---|---|---|
| 2/27/2025 | Sold | $665,000-1.5%$334/sqft |
Source:  NWMLS as distributed by MLS GRID #2282321 Report a problem | ||
| 1/31/2025 | Pending sale | $674,900$339/sqft |
Source: NWMLS as distributed by MLS GRID #2282321 Report a problem | ||
| 12/9/2024 | Listed for sale | $674,900$339/sqft |
Source: NWMLS as distributed by MLS GRID #2282321 Report a problem | ||
| 11/30/2024 | Pending sale | $674,900$339/sqft |
Source: NWMLS as distributed by MLS GRID #2282321 Report a problem | ||
| 11/16/2024 | Price change | $674,900-2.2%$339/sqft |
Source: NWMLS as distributed by MLS GRID #2282321 Report a problem | ||
| 10/11/2024 | Price change | $689,900-1.4%$347/sqft |
Source: NWMLS as distributed by MLS GRID #2282321 Report a problem | ||
| 8/29/2024 | Listed for sale | $699,900+67.5%$352/sqft |
Source: NWMLS as distributed by MLS GRID #2282321 Report a problem | ||
| 7/10/2018 | Sold | $417,950$210/sqft |
Source: NWMLS as distributed by MLS GRID #1294703 Report a problem | ||
| 5/30/2018 | Price change | $417,950+2%$210/sqft |
Source: Twin Lakes Realty #1294703 Report a problem | ||
| 5/29/2018 | Pending sale | $409,950$206/sqft |
Source: Twin Lakes Realty #1294703 Report a problem | ||
| 5/19/2018 | Listed for sale | $409,950+157%$206/sqft |
Source: Twin Lakes Realty #1294703 Report a problem | ||
| 10/26/1995 | Sold | $159,500$80/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,070 +5.9% | $590,000 +3.1% |
| 2024 | $5,733 +0.8% | $572,000 +10.4% |
| 2023 | $5,685 +2.6% | $518,000 -8% |
| 2022 | $5,543 +8% | $563,000 +24.6% |
| 2021 | $5,131 +2.4% | $452,000 +8.9% |
| 2020 | $5,012 +5.4% | $415,000 +4.3% |
| 2019 | $4,753 +8.2% | $398,000 +4.5% |
| 2018 | $4,394 -7.1% | $381,000 +14.8% |
| 2017 | $4,732 +22.6% | $332,000 +10.7% |
| 2016 | $3,861 | $300,000 +7.5% |
| 2015 | $3,861 | $279,000 +5.3% |
| 2014 | $3,861 | $265,000 +32.5% |
| 2013 | $3,861 | $200,000 +7.5% |
| 2012 | -- | $186,000 -15.1% |
| 2011 | -- | $219,000 -13.1% |
| 2010 | -- | $252,000 |
| 2009 | -- | $252,000 -3.4% |
| 2007 | -- | $261,000 +7.4% |
| 2006 | -- | $243,000 +8% |
| 2005 | -- | $225,000 +25% |
| 2001 | $2,414 +1.4% | $180,000 +5.3% |
| 2000 | $2,381 | $171,000 |
Find assessor info on the county website
Neighborhood: Twin Lakes
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Nearby schools
GreatSchools rating
- 8/10Twin Lakes Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 5/10Lakota Middle SchoolGrades: 6-8Distance: 1.5 mi
- 4/10Decatur High SchoolGrades: 9-12Distance: 0.8 mi
Schools provided by the listing agent
- Elementary: Twin Lakes Elem
- Middle: Lakota Mid Sch
- High: Decatur High
Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$635,700
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
$635,700
- Washington
- King County
- Federal Way
- 98023
- Twin Lakes
- 32216 40th Place SW
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