Builder Opportunity – Nearly Shovel-Ready Premium Lot. Perfect location for your dream home or new construction project. Prime Federal Way location near I-5, future light rail, shopping & parks. Surrounding new homes often sell $800,000 plus range. Most major due diligence is complete: Arborist reports, wetlands delineation + buffer notes, steep slopes evaluated with setbacks reduced, buildable area designated, site plan available, Use Process 3 started, pre-app notes on file, stormwater mitigation approach ready. Flexible footprint—bring your plan or consider concepts like Adair’s “Everett” (40’x42’). Rendering of The Everett home fits the available footprint on the lot. Excellent territorial views.
Active
Listed by: Sound Point Real Estate LLC • Keith C. Bruce
Price cut: $15K (4/29)
$184,950
32540 44th Avenue S, Federal Way, WA 98001
--beds
--baths
9,247Square Feet
Unimproved Land
Built in ----
9,247 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Excellent territorial views
- 265 days |
- 71 |
- 3 |
Zillow last checked:
Listing updated:
Listed by:
Keith C. Bruce,
Sound Point Real Estate LLC
Source: NWMLS as distributed by MLS GRID,MLS#: 2448897
Facts & features
Interior
Features
- Has fireplace: No
Interior area
- Total structure area: 0
Property
Features
- Has view: Yes
- View description: Territorial
Lot
- Size: 9,247 Square Feet
- Features: Paved
- Topography: Level,Sloped
Details
- Parcel number: 2824100270
- Zoning description: Residential,Jurisdiction: City
- Special conditions: Standard
Utilities & green energy
- Electric: In Street
- Gas: In Street
- Sewer: In Street
- Water: In Street, Jurisdiction: Federal Way
- Utilities for property: Electricity Available, Natural Gas Available
Community & HOA
Community
- Subdivision: Jovita
Location
- Region: Federal Way
Financial & listing details
- Tax assessed value: $86,000
- Annual tax amount: $748
- Date on market: 11/17/2025
- Cumulative days on market: 245 days
- Listing terms: Conventional
Estimated market value
Not available
Estimated sales range
Not available
$2,580/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/29/2026 | Price change | $184,950-7.5% |
Source:  NWMLS as distributed by MLS GRID #2448897 Report a problem | ||
| 4/23/2026 | Listed for sale | $199,950 |
Source: NWMLS as distributed by MLS GRID #2448897 Report a problem | ||
| 4/2/2026 | Pending sale | $199,950 |
Source: NWMLS as distributed by MLS GRID #2448897 Report a problem | ||
| 1/30/2026 | Price change | $199,950-7% |
Source: NWMLS as distributed by MLS GRID #2448897 Report a problem | ||
| 12/12/2025 | Price change | $214,950-10.4% |
Source: NWMLS as distributed by MLS GRID #2448897 Report a problem | ||
| 10/27/2025 | Listed for sale | $239,950+100% |
Source: NWMLS as distributed by MLS GRID #2448897 Report a problem | ||
| 9/15/2023 | Sold | $120,000-14.3% |
Source: NWMLS as distributed by MLS GRID #2037053 Report a problem | ||
| 7/18/2023 | Pending sale | $140,000 |
Source: NWMLS as distributed by MLS GRID #2037053 Report a problem | ||
| 6/27/2023 | Listed for sale | $140,000 |
Source: NWMLS as distributed by MLS GRID #NWM2037053 Report a problem | ||
| 6/9/2023 | Pending sale | $140,000 |
Source: NWMLS as distributed by MLS GRID #NWM2037053 Report a problem | ||
| 5/21/2023 | Price change | $140,000-30% |
Source: NWMLS as distributed by MLS GRID #NWM2037053 Report a problem | ||
| 3/17/2023 | Pending sale | $200,000 |
Source: NWMLS as distributed by MLS GRID #NWM2037053 Report a problem | ||
| 2/27/2023 | Price change | $200,000+33.3% |
Source: NWMLS as distributed by MLS GRID #2037053 Report a problem | ||
| 2/17/2023 | Listed for sale | $150,000 |
Source: NWMLS as distributed by MLS GRID #2037053 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $808 +8% | $86,000 +6.2% |
| 2024 | $748 +830.3% | $81,000 +1057.1% |
| 2023 | $80 +10.3% | $7,000 |
| 2022 | $73 -11.3% | $7,000 |
| 2021 | $82 -5.8% | $7,000 |
| 2020 | $87 +0.3% | $7,000 |
| 2019 | $87 +3.5% | $7,000 |
| 2018 | $84 -16.5% | $7,000 |
| 2017 | $101 -1.8% | $7,000 |
| 2016 | $103 | $7,000 |
| 2015 | $103 | $7,000 |
| 2014 | $103 | $7,000 |
| 2013 | $103 | $7,000 |
| 2012 | -- | $7,000 |
| 2011 | -- | $7,000 -12.5% |
| 2010 | -- | $8,000 |
| 2009 | -- | $8,000 |
| 2007 | -- | $8,000 |
| 2006 | -- | $8,000 |
| 2005 | -- | $8,000 |
| 2001 | $113 -13.1% | $8,000 -11.1% |
| 2000 | $130 | $9,000 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 98001
Nearby schools
GreatSchools rating
- 4/10Lake Dolloff Elementary SchoolGrades: PK-5Distance: 1.3 mi
- 4/10Sequoyah Middle SchoolGrades: 6-8Distance: 2.3 mi
- 3/10Todd Beamer High SchoolGrades: 9-12Distance: 2.8 mi
- $775,0004 bd3 ba2.7k sqft32606 44th Ave S, Federal Way, WA 98001Sold
- $135,0000.669 Acres32522 44th Ave S, Federal Way, WA 98001Sold
- $822,9005 bd3 ba2.8k sqft32527 44th Ave S, Federal Way, WA 98001Off Market
- $800,0004 bd3 ba2.6k sqft32505 44th Ave S, Federal Way, WA 98001Sold
- $625,0003 bd3 ba1.9k sqft4237 S 326th Pl, Auburn, WA 98001Sold
- $725,0004 bd3 ba2.1k sqft4318 S 325th St, Federal Way, WA 98001Sold
- $392,5003 bd1 ba1k sqft4312 S 325th St, Auburn, WA 98001Sold
- $625,0003 bd2 ba1.4k sqft32412 44th Ave S, Auburn, WA 98001Sold
A local agent can set up tours, give advice and negotiate with sellers.
Similar homes
- $169,0000.276 Acres32257 39th Avenue S, Federal Way, WA 98001Active
MLS ID #2465650, Alex Tomev. NWMLS as distributed by MLS GRID - $199,9501.6 Acres131 XX SE 312th Street, Auburn, WA 98092Active
MLS ID #2556331, Roger Bintner Sr. NWMLS as distributed by MLS GRID - $139,0001.32 Acres364XX 48th Ave S, Auburn, WA 98001Lot/Land
MLS ID #2547274, David R. Knight. REALSTACK - $139,0001.322 Acres364 xx 48th Avenue S, Auburn, WA 98001Active
MLS ID #2547274, David R Knight. NWMLS as distributed by MLS GRID - $210,0000.344 Acres34660 Military Road S, Auburn, WA 98001ActiveMLS ID #2471310, Shawn Reid. NWMLS as distributed by MLS GRID
- $155,0000.525 AcresAuburn Heights Park Div 01, Auburn, WA 98001ActiveMLS ID #2494814, Jackie E Davis. NWMLS as distributed by MLS GRID
- $240,0001.366 AcresC.D. Hillman's Auburndale, Auburn, WA 98092ActiveMLS ID #2548772, Jeremey Johnson. NWMLS as distributed by MLS GRID
- $150,0000.443 AcresJovita Add, Auburn, WA 98001ActiveMLS ID #2533085, Stuart Steadman. NWMLS as distributed by MLS GRID
- $164,9500.398 Acres54 xx S 344th Street, Auburn, WA 98001ActiveMLS ID #2501190, David R Knight. NWMLS as distributed by MLS GRID
- $159,0006,895.548 Square FeetHillmans Cd Auburndale Div #2, Auburn, WA 98002ActiveMLS ID #2511029, John H. Yorke. NWMLS as distributed by MLS GRID
- $249,5004,260.168 Square Feet372 xx 29th Avenue S Lot 1, Federal Way, WA 98003ActiveMLS ID #2505593, Vasiliy Frantsevich. NWMLS as distributed by MLS GRID
- $99,9001.95 Acres415 Tacoma Boulevard, Pacific, WA 98047ActiveMLS ID #2537803, Drew Staudt. NWMLS as distributed by MLS GRID
- $99,9001.98 Acres305 Tacoma Boulevard, Pacific, WA 98047ActiveMLS ID #2537805, Drew Staudt. NWMLS as distributed by MLS GRID
- $195,0001.271 Acres21211 35th Avenue S, SeaTac, WA 98198ActiveMLS ID #2497581, Janette Matugas. NWMLS as distributed by MLS GRID
- $250,0005,998.212 Square Feet24410 24TH AVE S, Des Moines, WA 98198ActiveMLS ID #2538427, Nhat Tran. NWMLS as distributed by MLS GRID
- $95,00010,445.688 Square Feet3219 Auburn Way S, Auburn, WA 98092ActiveMLS ID #2492607, Alex Tomev. NWMLS as distributed by MLS GRID
- $199,5000.332 Acres3413 W Tapps Drive E, Lake Tapps, WA 98391ActiveMLS ID #2488568, Kris Andrews. NWMLS as distributed by MLS GRID
- $150,0005,819.616 Square Feet5821 S Sheridan Avenue, Tacoma, WA 98408ActiveMLS ID #2553311, Adrian Diaz. NWMLS as distributed by MLS GRID
- $129,0007,183.044 Square Feet0 269XX 9th Avenue S, Des Moines, WA 98198ActiveMLS ID #2470667, Adrianne Jones. NWMLS as distributed by MLS GRID
- $169,0000.302 Acres33401 E Lake Holm Drive SE, Auburn, WA 98092ActiveMLS ID #2452921, Jo Jensen. NWMLS as distributed by MLS GRID
