Welcome to this well maintained 5-bedroom, 2.75-bathroom split-level home located in the charming neighborhood of Twin Lakes. Upon entering, you'll be welcomed by newly installed flooring upstairs, leading to a bright and airy living space enhanced by a skylight that fills the room with natural light. Step outside onto the large deck that overlooks a serene backyard oasis, perfect for relaxing or entertaining guests. The spacious 2-car garage provides ample storage for all your belongings. The home is just a short walk to Treasure Island Park, located on Lake Lorene, and a quick drive to the Twin Lakes Golf and Country Club. This neighborhood truly has it all. Don't miss the opportunity to make this your forever home!
Sold
Listed by: Inspire Realty • Adelayda Pech
Bought with: John L. Scott, Inc
$707,000
32507 42nd Place SW, Federal Way, WA 98023
5beds
2,620sqft
Single Family Residence
Built in 1979
10,288 Square Feet Lot
$685,500 Zestimate®
$270/sqft
$3,674 Estimated rent
Home value
$685,500
$631,000 - $747,000
$3,674/mo
Zestimate® history
Owner options
List your home for rent
$3,674/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$3,674/mo
Rent Zestimate®
Refinance and save
$4,363/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$4,363/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 startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Serene backyard oasisLarge deckNewly installed flooring
Zillow last checked:
Listing updated:
Listed by:
Adelayda Pech,
Inspire Realty
Bought with:
Levin Brank, 22016108
John L. Scott, Inc
Source: NWMLS as distributed by MLS GRID,MLS#: 2360586
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 2
- 3/4 bathrooms: 1
Bedroom
- Level: Lower
Bathroom three quarter
- Level: Lower
Entry hall
- Level: Main
Rec room
- Level: Lower
Utility room
- Level: Lower
Heating
- Fireplace, Forced Air, Natural Gas
Cooling
- None
Appliances
- Included: Dishwasher(s), Disposal, Dryer(s), Refrigerator(s), Trash Compactor, Washer(s), Garbage Disposal, Water Heater: gas, Water Heater Location: garage
Features
- Bath Off Primary, Ceiling Fan(s), Dining Room
- Flooring: Ceramic Tile, Laminate, Vinyl
- Windows: Double Pane/Storm Window
- Basement: Finished
- Number of fireplaces: 2
- Fireplace features: Gas, Lower Level: 1, Upper Level: 1, Fireplace
Interior area
- Total structure area: 2,620
- Total interior livable area: 2,620 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached Garage
- Attached garage spaces: 2
Features
- Levels: Multi/Split
- Entry location: Main
- Patio & porch: Bath Off Primary, Ceiling Fan(s), Double Pane/Storm Window, Dining Room, Fireplace, Jetted Tub, Vaulted Ceiling(s), Walk-In Closet(s), Water Heater
- Spa features: Bath
- Has view: Yes
- View description: Territorial
Lot
- Size: 10,288 Square Feet
- Features: Cul-De-Sac, Curbs, Dead End Street, Paved, Sidewalk
- Topography: Partial Slope
- Residential vegetation: Fruit Trees, Garden Space
Details
- Parcel number: 8732001480
- Zoning: City
- Zoning description: Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Northwest Contemporary,Split Entry
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Block
- Roof: Composition
Condition
- Very Good
- Year built: 1979
- Major remodel year: 1979
Utilities & green energy
- Electric: Company: PSE
- Sewer: Sewer Connected, Company: Lakehaven
- Water: Public, Company: Lakehaven
Community & HOA
Community
- Features: Park, Playground
- Security: Security Service
- Subdivision: Twin Lakes
HOA
- HOA fee: $37 monthly
- HOA phone: 253-838-0464
Location
- Region: Federal Way
Financial & listing details
- Price per square foot: $270/sqft
- Tax assessed value: $632,000
- Annual tax amount: $5,928
- Date on market: 7/3/2025
- Cumulative days on market: 384 days
- Listing terms: Conventional,FHA,VA Loan
- Inclusions: Dishwasher(s), Dryer(s), Garbage Disposal, Refrigerator(s), Trash Compactor, Washer(s)
Price history
| Date | Event | Price |
|---|---|---|
| 6/20/2025 | Sold | $707,000-1.8%$270/sqft |
Source:  NWMLS as distributed by MLS GRID #2360586 Report a problem | ||
| 5/3/2025 | Pending sale | $720,000$275/sqft |
Source: NWMLS as distributed by MLS GRID #2360586 Report a problem | ||
| 4/16/2025 | Listed for sale | $720,000+93%$275/sqft |
Source: NWMLS as distributed by MLS GRID #2360586 Report a problem | ||
| 1/26/2017 | Sold | $373,000-1.8%$142/sqft |
Source: NWMLS as distributed by MLS GRID #1047146 Report a problem | ||
| 11/18/2016 | Price change | $379,950-2.3%$145/sqft |
Source: Coldwell Banker Danforth #1047146 Report a problem | ||
| 10/28/2016 | Listed for sale | $389,000$148/sqft |
Source: Coldwell Banker Danforth #1047146 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,515 +8.5% | $632,000 +5.9% |
| 2024 | $6,006 +1.3% | $597,000 +10.4% |
| 2023 | $5,929 +2.6% | $541,000 -8% |
| 2022 | $5,781 +8% | $588,000 +24.6% |
| 2021 | $5,350 -1.1% | $472,000 +5.1% |
| 2020 | $5,410 +5.3% | $449,000 +4.2% |
| 2019 | $5,138 +8.1% | $431,000 +4.4% |
| 2018 | $4,754 -7.2% | $413,000 +14.7% |
| 2017 | $5,122 +22.3% | $360,000 +10.4% |
| 2016 | $4,187 | $326,000 +7.6% |
| 2015 | $4,187 | $303,000 +5.2% |
| 2014 | $4,187 | $288,000 +31.5% |
| 2013 | $4,187 | $219,000 +7.4% |
| 2012 | -- | $204,000 -15% |
| 2011 | -- | $240,000 -13% |
| 2010 | -- | $276,000 |
| 2009 | -- | $276,000 +5.7% |
| 2007 | -- | $261,000 +7.4% |
| 2006 | -- | $243,000 +8% |
| 2005 | -- | $225,000 +30.8% |
| 2001 | $2,310 +1% | $172,000 +4.9% |
| 2000 | $2,287 | $164,000 |
Find assessor info on the county website
Neighborhood: Twin Lakes
Nearby homes
- $660,0003 bd3 ba1.9k sqft32522 42nd Pl SW, Federal Way, WA 98023Sold
- $599,0003 bd3 ba1.8k sqft4123 SW 325th St, Federal Way, WA 98023Sold
- $706,0005 bd3 ba2.4k sqft32537 42nd Pl SW, Federal Way, WA 98023Sold
- $542,0003 bd3 ba1.9k sqft32609 43rd Pl SW, Federal Way, WA 98023Sold
- $764,5006 bd3 ba3.2k sqft32801 43rd Pl SW, Federal Way, WA 98023Sold
- $699,9506 bd3 ba2.2k sqft4203 SW 328th St, Federal Way, WA 98023For Sale
- $630,0003 bd3 ba2k sqft32819 43rd Pl SW, Federal Way, WA 98023Sold
- $808,0003 bd2 ba1.8k sqft4301 SW 323rd St, Federal Way, WA 98023Sold
Nearby schools
GreatSchools rating
- 6/10Green Gables Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 5/10Lakota Middle SchoolGrades: 6-8Distance: 1.7 mi
- 4/10Decatur High SchoolGrades: 9-12Distance: 1 mi
Schools provided by the listing agent
- Elementary: Green Gables 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.
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
$685,500
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
$685,500
- Washington
- King County
- Federal Way
- 98023
- Twin Lakes
- 32507 42nd Place SW
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Federal Way Topics
