Beautifully updated home in the sought-after Twin Lakes neighborhood with thoughtful upgrades throughout. The open floor plan creates a comfortable flow that’s perfect for everyday living and entertaining, keeping you connected with guests from the spacious living area to the open kitchen. Primary bedroom with onsuite and plenty of closet space + 3 other bedrooms and bonus room! Step outside to a fully fenced backyard, ideal for relaxing or play, and enjoy peaceful lake views nearby. Located close to golf, shopping, schools, playgrounds, and with easy access to I-5, this home offers both convenience and a great neighborhood. Come see today!
Sold
Listed by: Asay Realty
Bought with: eXp Realty
$650,000
32719 40th Avenue SW, Federal Way, WA 98023
4beds
1,810sqft
Single Family Residence
Built in 1970
8,001.97 Square Feet Lot
$647,400 Zestimate®
$359/sqft
$3,186 Estimated rent
Home value
$647,400
$602,000 - $699,000
$3,186/mo
Zestimate® history
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$3,957/mo
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List your homeWhat's special
Open floor planOpen kitchenPlenty of closet spacePeaceful lake views nearbyThoughtful upgrades throughoutFully fenced backyardBeautifully updated home
Zillow last checked:
Listing updated:
Listed by:
Sarah Asay,
Asay Realty,
Trevor Asay,
Asay Realty
Bought with:
Whitney Lumsden, 21022880
eXp Realty
Julia Pardo, 24027296
eXp Realty
Source: NWMLS as distributed by MLS GRID,MLS#: 2498364
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 1
- 3/4 bathrooms: 1
- 1/2 bathrooms: 1
Primary bedroom
- Level: Second
Bedroom
- Level: Second
Bedroom
- Level: Second
Bedroom
- Level: Second
Bathroom full
- Level: Second
Bathroom three quarter
- Level: Second
Other
- Level: Lower
Bonus room
- Level: Lower
Dining room
- Level: Second
Entry hall
- Level: Split
Great room
- Level: Second
Kitchen with eating space
- Level: Second
Living room
- Level: Second
Heating
- Forced Air, Heat Pump, Electric, Natural Gas
Cooling
- Heat Pump
Appliances
- Included: Dishwasher, Microwave, Refrigerator, Stove(s)/Range(s), Dishwasher(s), Microwave(s), Refrigerator(s)
Features
- Has fireplace: No
Interior area
- Total structure area: 1,810
- Total interior livable area: 1,810 sqft
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Attached Garage
- Has attached garage: Yes
- Covered spaces: 2
Features
- Levels: Multi/Split
- Entry location: Split
Lot
- Size: 8,001 sqft
Details
- Parcel number: 8731950160
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Split Entry
- Property subtype: Single Family Residence
Materials
- Metal/Vinyl
- Roof: Tile
Condition
- Year built: 1970
Utilities & green energy
- Sewer: Sewer Connected
- Water: Public
Community & neighborhood
Location
- Region: Federal Way
- Subdivision: Twin Lakes
HOA & financial
HOA
- HOA fee: $42 monthly
Other
Other facts
- Listing terms: Conventional,FHA,VA Loan
- Cumulative days on market: 29 days
Price history
| Date | Event | Price |
|---|---|---|
| 5/19/2026 | Sold | $650,000+4%$359/sqft |
Source:  NWMLS as distributed by MLS GRID #2498364 Report a problem | ||
| 4/29/2026 | Pending sale | $625,000$345/sqft |
Source: NWMLS as distributed by MLS GRID #2498364 Report a problem | ||
| 4/15/2026 | Price change | $625,000-3.8%$345/sqft |
Source: NWMLS as distributed by MLS GRID #2498364 Report a problem | ||
| 4/1/2026 | Listed for sale | $650,000+63.5%$359/sqft |
Source: NWMLS as distributed by MLS GRID #2498364 Report a problem | ||
| 7/31/2019 | Sold | $397,500+0.6%$220/sqft |
Source: NWMLS as distributed by MLS GRID #1454593 Report a problem | ||
| 7/2/2019 | Pending sale | $395,000$218/sqft |
Source: Keller Williams Realty Puget Sound #1454593 Report a problem | ||
| 7/1/2019 | Price change | $395,000-1.1%$218/sqft |
Source: Keller Williams Realty Puget Sound #1454593 Report a problem | ||
| 6/28/2019 | Price change | $399,500-0.1%$221/sqft |
Source: Keller Williams Realty Puget Sound #1454593 Report a problem | ||
| 5/21/2019 | Listed for sale | $400,000$221/sqft |
Source: Keller Williams Realty Puget Sound #1454593 Report a problem | ||
| 5/16/2019 | Pending sale | $400,000$221/sqft |
Source: Keller Williams Realty Puget Sound #1454593 Report a problem | ||
| 5/10/2019 | Listed for sale | $400,000+63.3%$221/sqft |
Source: Keller Williams Realty PS #1454593 Report a problem | ||
| 8/16/2013 | Sold | $245,000$135/sqft |
Source: NWMLS as distributed by MLS GRID #508450 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,877 +6% | $571,000 +3.3% |
| 2024 | $5,546 +0.7% | $553,000 +10.4% |
| 2023 | $5,505 +2.7% | $501,000 -7.9% |
| 2022 | $5,362 +8.9% | $544,000 +25.6% |
| 2021 | $4,922 +3.8% | $433,000 +10.5% |
| 2020 | $4,743 +5.5% | $392,000 +4.3% |
| 2019 | $4,497 +8.2% | $376,000 +4.4% |
| 2018 | $4,158 -7.2% | $360,000 +14.6% |
| 2017 | $4,481 +22.4% | $314,000 +10.6% |
| 2016 | $3,662 | $284,000 +7.6% |
| 2015 | $3,662 | $264,000 +5.2% |
| 2014 | $3,662 | $251,000 +26.8% |
| 2013 | $3,662 | $198,000 +7.6% |
| 2012 | -- | $184,000 -14.8% |
| 2011 | -- | $216,000 -13.3% |
| 2010 | -- | $249,000 |
| 2009 | -- | $249,000 +5.5% |
| 2007 | -- | $236,000 +7.3% |
| 2006 | -- | $220,000 +7.8% |
| 2005 | -- | $204,000 +23.6% |
| 2001 | $2,219 +1.2% | $165,000 +5.1% |
| 2000 | $2,193 | $157,000 |
Find assessor info on the county website
Neighborhood: Twin Lakes
Nearby schools
GreatSchools rating
- 6/10Green Gables Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 5/10Lakota Middle SchoolGrades: 6-8Distance: 1.6 mi
- 4/10Decatur High SchoolGrades: 9-12Distance: 0.9 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.
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Estimated market value
$647,400
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
$647,400
- Washington
- King County
- Federal Way
- 98023
- Twin Lakes
- 32719 40th Avenue SW
Nearby cities
Nearby neighborhoods
Nearby zip codes
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