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  • Listed by: Inspire Realty
    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
    10,288.87 Square Feet Lot
    $684,600 Zestimate®
    $270/sqft
    $3,627 Estimated rent

    Home value

    $684,600

    $630,000 - $746,000

    $3,627/mo

    Zestimate® history
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    What's special

    Serene backyard oasisLarge deckNewly installed flooring
    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!

    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#: 2360586MLS Logo

    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 sqft
    • 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
    • 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 & neighborhood

    Security
    • Security features: Security Service
    Community
    • Community features: Park, Playground
    Location
    • Region: Federal Way
    • Subdivision: Twin Lakes

    HOA & financial

    HOA
    • HOA fee: $37 monthly
    • Association phone: 253-838-0464

    Other

    Other facts
    • Listing terms: Conventional,FHA,VA Loan
    • Cumulative days on market: 267 days

    Price history

    DateEventPrice
    6/20/2025Sold$707,000-1.8%$270/sqft
    Source: NWMLS as distributed by MLS GRID #2360586 Report a problem
    5/3/2025Pending sale$720,000$275/sqft
    Source: NWMLS as distributed by MLS GRID #2360586 Report a problem
    4/16/2025Listed for sale$720,000+93%$275/sqft
    Source: NWMLS as distributed by MLS GRID #2360586 Report a problem
    1/26/2017Sold$373,000-1.8%$142/sqft
    Source: NWMLS as distributed by MLS GRID #1047146 Report a problem
    11/18/2016Price change$379,950-2.3%$145/sqft
    Source: Coldwell Banker Danforth #1047146 Report a problem
    10/28/2016Listed for sale$389,000$148/sqft
    Source: Coldwell Banker Danforth #1047146 Report a problem

    Public tax history

    YearProperty taxesTax 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 schools

    GreatSchools rating
    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.

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    Estimated market value
    $684,600
    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
    $684,600