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  • Listed by: HomeSmart Real Estate Assoc • Kent Beahler
    $775,000

    32544 42nd Place SW, Federal Way, WA 98023

    6beds
    2,630sqft
    : 
    $5,118/mo
    Get pre-qualified
    Single Family Residence
    Built in 1981
    0.36 Acres Lot
    $-- Zestimate®
    $295/sqft
    $42/mo HOA

    What's special

    Poolside seatingOpen floor planFully remodeled kitchenFamily rec roomIn-island drawer microwaveSpectacular islandHeated stock-tank pool
    Welcome to Twin Lakes views and this beautifully transformed 6 bedroom 2.5 bath home where thoughtful renovations on a 15,552 sqft property invites you to enjoy both indoor refinements & outdoor amenities designed for year-round living.Extensive updates give this home the fresh new build feel,with modern finishes creating a truly move-in-ready home.Inside is the heart of the home,a fully remodeled kitchen featuring new cabinets,quartz countertops,a spectacular Island,new appliances,in-island drawer microwave,stainless steel oven hood,sink,faucet & new lighting.With an open floor plan you can see the full dining area & the main living area.New LVP spans both levels,updated trim & 2 electric fireplaces,bedrooms complemented by newer carpet & California closets.Renovated downstairs offers flexible living having new solid core doors, 2 more bedrooms, family rec room,bathroom w/ new flooring,vanity,storage,an extra room includes large storage cabinets, add'l versatile office/den /bdrm,laundry and utility room,a separate kids play cafe & kitchen.Step outside to your own private retreat featuring a TimberTech composite sun deck, cabana, heated stock-tank pool, poolside seating & outdoor shower perfect for entertaining and relaxing lifestyle.Major improvements include all-new windows & sliders w/transferable lifetime warranty,new heat pump w/AC & furnace,upgraded electrical panel,switches&dimmers newer 80-gallon water heater,storage shed, plus fresh exterior paint. A must see home.
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    Zillow last checked:

    Listing updated:

    Listed by:

    Kent Beahler,

    HomeSmart Real Estate Assoc,

    Lisa Southard,

    HomeSmart Real Estate Assoc

    Source: NWMLS as distributed by MLS GRID,MLS#: 2580912MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 3
      • Full bathrooms: 1
      • 3/4 bathrooms: 2
      • Main level bathrooms: 2
      • Main level bedrooms: 4
      Primary bedroom
      • Level: Main
      Bedroom
      • Level: Lower
      Bedroom
      • Level: Lower
      Bedroom
      • Level: Main
      Bedroom
      • Level: Main
      Bedroom
      • Level: Main
      Bathroom full
      • Level: Main
      Bathroom three quarter
      • Level: Lower
      Bathroom three quarter
      • Level: Main
      Other
      • Level: Lower
      Bonus room
      • Level: Lower
      Den office
      • 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, Heat Pump, Electric, Natural Gas
      Cooling
      • Forced Air, Heat Pump
      Appliances
      • Included: Dishwasher, Disposal, Microwave, Refrigerator, Stove(s)/Range(s), Dishwasher(s), Garbage Disposal, Microwave(s), Refrigerator(s)
      Features
      • Bath Off Primary, Ceiling Fan(s), Dining Room, High Tech Cabling
      • Flooring: Vinyl Plank, Carpet
      • Doors: French Doors
      • Windows: Dbl Pane/Storm Window
      • Basement: Daylight,Finished
      • Number of fireplaces: 2
      • Fireplace features: Electric, Lower Level: 1, Main Level: 1, Fireplace
      Interior area
      • Total structure area: 2,630
      • Total interior livable area: 2,630 sqft

      Property

      Parking
      • Total spaces: 6
      • Parking features: Driveway, Attached Garage, Off Street
      • Has attached garage: Yes
      • Covered spaces: 2
      • Uncovered spaces: 4
      Features
      • Levels: Multi/Split
      • Entry location: Main
      • Patio & porch: Bath Off Primary, Ceiling Fan(s), Dbl Pane/Storm Window, Dining Room, Fireplace, French Doors, High Tech Cabling, Vaulted Ceiling(s), Walk-In Closet(s)
      • Pool features: Above Ground
      • Has view: Yes
      • View description: Lake, Territorial
      • Has water view: Yes
      • Water view: Lake
      Lot
      • Size: 0.36 Acres
      • Features: Cul-De-Sac, Paved, Cabana/Gazebo, Cable TV, Deck, Fenced-Partially, Gas Available, High Speed Internet, Outbuildings, Patio
      • Topography: Level
      • Residential vegetation: Garden Space, Wooded
      Details
      • Parcel number: 8732010560
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Split Entry
      • Property subtype: Single Family Residence
      Materials
      • Wood Siding
      • Foundation: Poured Concrete
      • Roof: Composition
      Condition
      • Year built: 1981

      Utilities & green energy

      • Sewer: Sewer Connected
      • Water: Public
      • Utilities for property: Multiple

      Community & HOA

      Community
      • Subdivision: Twin Lakes
      HOA
      • HOA fee: $42 monthly
      • HOA phone: 253-838-0464
      Location
      • Region: Federal Way

      Financial & listing details

      • Price per square foot: $295/sqft
      • Tax assessed value: $587,000
      • Annual tax amount: $6,084
      • Date on market: 9/10/2026
      • Listing terms: Conventional,FHA,VA Loan
      • Inclusions: Above Ground Pool, Dishwasher(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s)

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        9/10/2026Listed for sale$775,000+55%$295/sqft
        Source: NWMLS as distributed by MLS GRID #2580912 Report a problem
        10/23/2020Sold$500,000+4.2%$190/sqft
        Source: NWMLS as distributed by MLS GRID #1666211 Report a problem
        9/24/2020Pending sale$480,000$183/sqft
        Source: John L Scott Real Estate #1666211 Report a problem
        9/21/2020Listed for sale$480,000+54.8%$183/sqft
        Source: John L Scott Real Estate #1666211 Report a problem
        8/15/2008Sold$310,000$118/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$6,084 +6%$587,000 +3.2%
        2024$5,740 +1.5%$569,000 +10.5%
        2023$5,654 +2.7%$515,000 -7.9%
        2022$5,505 +8%$559,000 +24.5%
        2021$5,098 -5.1%$449,000 +0.7%
        2020$5,375 +5.3%$446,000 +4.2%
        2019$5,103 +8.1%$428,000 +4.4%
        2018$4,720 -7.1%$410,000 +14.8%
        2017$5,080 +22.6%$357,000 +10.5%
        2016$4,144 $323,000 +7.7%
        2015$4,144 $300,000 +5.3%
        2014$4,144 $285,000 +31.3%
        2013$4,144 $217,000 +7.4%
        2012-- $202,000 -14.8%
        2011-- $237,000 -13.2%
        2010-- $273,000
        2009-- $273,000 -8.1%
        2007-- $297,000 +7.6%
        2006-- $276,000 +19%
        2005-- $232,000 +26.1%
        2001$2,466 +5.3%$184,000 +9.5%
        2000$2,341 $168,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: Twin Lakes

        Getting around

        19 / 100
        Car-Dependent
        32 / 100
        Some Transit
        11 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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