Welcome to your meticulously maintained home in the desirable Twin Lakes neighborhood. The primary suite features a spacious walk-in closet, a 3/4 bath, and a private deck perfect for relaxing. The main floor offers two additional bedrooms and a beautifully renovated bathroom. Enjoy the charm of hardwood floors throughout the main level and a cozy fireplace. Downstairs, you'll discover another bedroom and bath, a generous storage room, and a family room with a second fireplace. Step outside to a backyard deck that's great for entertaining. Relish the tranquility and convenience of this location, close to shopping, parks, and other amenities. And, of course, enjoy the comfort of air conditioning.
Sold
Listed by: John L. Scott, Inc • Evonne Brank
Bought with: Champions Real Estate
$650,000
32718 40th Avenue SW, Federal Way, WA 98023
4beds
2,670sqft
Single Family Residence
Built in 1978
8,001 Square Feet Lot
$656,000 Zestimate®
$243/sqft
$3,504 Estimated rent
Home value
$656,000
$623,000 - $695,000
$3,504/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Evonne Brank,
John L. Scott, Inc
Bought with:
Grace Wamwere, 130163
Champions Real Estate
Source: NWMLS as distributed by MLS GRID,MLS#: 2273108
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 1
- 3/4 bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 3
Primary bedroom
- Level: Main
Bedroom
- Level: Main
Bedroom
- Level: Main
Bedroom
- Level: Lower
Bathroom full
- Level: Main
Bathroom three quarter
- Level: Main
Bathroom three quarter
- Level: Lower
Entry hall
- Level: Main
Family room
- Level: Lower
Kitchen with eating space
- Level: Main
Living room
- Level: Main
Heating
- Fireplace, Forced Air, Electric
Cooling
- 90%+ High Efficiency
Appliances
- Included: Dishwasher(s), Disposal, Refrigerator(s), Stove(s)/Range(s), Garbage Disposal
Features
- Bath Off Primary, Ceiling Fan(s), Dining Room
- Flooring: Bamboo/Cork, Hardwood, Vinyl, Vinyl Plank, Carpet
- Windows: Double Pane/Storm Window
- Basement: Daylight,Finished
- Number of fireplaces: 2
- Fireplace features: Wood Burning, Lower Level: 1, Main Level: 1, Fireplace
Interior area
- Total structure area: 2,670
- Total interior livable area: 2,670 sqft
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Attached Garage
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 1
- Entry location: Main
- Patio & porch: Bamboo/Cork, Bath Off Primary, Ceiling Fan(s), Double Pane/Storm Window, Dining Room, Fireplace, Hardwood, Walk-In Closet(s), Walk-In Pantry, Wall to Wall Carpet
- Has view: Yes
- View description: Territorial
Lot
- Size: 8,001 Square Feet
- Dimensions: 80 x 100 x 81 x 100
- Features: Paved, Sidewalk, Deck, Fenced-Fully, Gas Available, Patio
- Topography: Partial Slope
Details
- Parcel number: 8731951580
- Zoning description: RS7.2
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: 1 Story w/Bsmnt.
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Year built: 1978
Utilities & green energy
- Electric: Company: Puget Sound Energy
- Sewer: Sewer Connected, Company: Lakehaven Water & Sewer District
- Water: Public, Company: TPU
Community & HOA
Community
- Features: CCRs, Golf, Park, Playground
- Subdivision: Twin Lakes
HOA
- HOA fee: $110 quarterly
Location
- Region: Federal Way
Financial & listing details
- Price per square foot: $243/sqft
- Tax assessed value: $639,000
- Annual tax amount: $6,141
- Date on market: 10/22/2024
- Cumulative days on market: 638 days
- Listing terms: Conventional,FHA
- Inclusions: Dishwasher(s), Garbage Disposal, Refrigerator(s), Stove(s)/Range(s)
Price history
| Date | Event | Price |
|---|---|---|
| 12/6/2024 | Sold | $650,000+1.6%$243/sqft |
Source:  NWMLS as distributed by MLS GRID #2273108 Report a problem | ||
| 10/25/2024 | Pending sale | $640,000$240/sqft |
Source: NWMLS as distributed by MLS GRID #2273108 Report a problem | ||
| 9/11/2024 | Price change | $640,000-3%$240/sqft |
Source: NWMLS as distributed by MLS GRID #2273108 Report a problem | ||
| 8/9/2024 | Listed for sale | $660,000+3.1%$247/sqft |
Source: NWMLS as distributed by MLS GRID #2273108 Report a problem | ||
| 7/8/2022 | Sold | $640,000$240/sqft |
Source: NWMLS as distributed by MLS GRID #1922172 Report a problem | ||
| 6/1/2022 | Pending sale | $640,000$240/sqft |
Source: NWMLS as distributed by MLS GRID #1922172 Report a problem | ||
| 5/14/2022 | Listed for sale | $640,000+265.7%$240/sqft |
Source: NWMLS as distributed by MLS GRID #1922172 Report a problem | ||
| 9/3/1998 | Sold | $175,000$66/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,584 +6% | $639,000 +3.2% |
| 2024 | $6,210 +1.1% | $619,000 +10.3% |
| 2023 | $6,141 +2.7% | $561,000 -7.9% |
| 2022 | $5,980 +9.3% | $609,000 +26.1% |
| 2021 | $5,471 +0.7% | $483,000 +7.1% |
| 2020 | $5,433 +5.3% | $451,000 +4.2% |
| 2019 | $5,161 +8.3% | $433,000 +4.6% |
| 2018 | $4,765 -7.2% | $414,000 +14.7% |
| 2017 | $5,136 +22.3% | $361,000 +10.4% |
| 2016 | $4,201 | $327,000 +7.6% |
| 2015 | $4,201 | $304,000 +5.2% |
| 2014 | $4,201 | $289,000 +31.4% |
| 2013 | $4,201 | $220,000 +7.3% |
| 2012 | -- | $205,000 -14.9% |
| 2011 | -- | $241,000 -13% |
| 2010 | -- | $277,000 |
| 2009 | -- | $277,000 +4.9% |
| 2007 | -- | $264,000 +7.3% |
| 2006 | -- | $246,000 +7.9% |
| 2005 | -- | $228,000 +27.4% |
| 2001 | $2,401 +1.4% | $179,000 +5.3% |
| 2000 | $2,368 | $170,000 |
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: 0.6 mi
- 5/10Lakota Middle SchoolGrades: 6-8Distance: 1.5 mi
- 4/10Decatur High SchoolGrades: 9-12Distance: 0.9 mi
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Estimated market value
$656,000
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Estimated market value
$656,000
- Washington
- King County
- Federal Way
- 98023
- Twin Lakes
- 32718 40th Avenue SW
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