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Sold
    • Listed by: Asay Realty • Sarah Asay
    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 Square Feet Lot
    $640,200 Zestimate®
    $359/sqft
    $3,133 Estimated rent

    Home value

    $640,200

    $589,000 - $691,000

    $3,133/mo

    Zestimate® history
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    What's special

    Open floor planOpen kitchenPlenty of closet spacePeaceful lake views nearbyThoughtful upgrades throughoutFully fenced backyardBeautifully updated home
    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!

    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#: 2498364MLS Logo

    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 Square Feet
    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 & HOA

    Community
    • Subdivision: Twin Lakes
    HOA
    • HOA fee: $42 monthly
    Location
    • Region: Federal Way

    Financial & listing details

    • Price per square foot: $359/sqft
    • Tax assessed value: $571,000
    • Annual tax amount: $5,546
    • Date on market: 5/21/2026
    • Cumulative days on market: 62 days
    • Listing terms: Conventional,FHA,VA Loan
    • Inclusions: Dishwasher(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s)

    Price history

    DateEventPrice
    5/19/2026Sold$650,000+4%$359/sqft
    Source: NWMLS as distributed by MLS GRID #2498364 Report a problem
    4/29/2026Pending sale$625,000$345/sqft
    Source: NWMLS as distributed by MLS GRID #2498364 Report a problem
    4/15/2026Price change$625,000-3.8%$345/sqft
    Source: NWMLS as distributed by MLS GRID #2498364 Report a problem
    4/1/2026Listed for sale$650,000+63.5%$359/sqft
    Source: NWMLS as distributed by MLS GRID #2498364 Report a problem
    7/31/2019Sold$397,500+0.6%$220/sqft
    Source: NWMLS as distributed by MLS GRID #1454593 Report a problem
    7/2/2019Pending sale$395,000$218/sqft
    Source: Keller Williams Realty Puget Sound #1454593 Report a problem
    7/1/2019Price change$395,000-1.1%$218/sqft
    Source: Keller Williams Realty Puget Sound #1454593 Report a problem
    6/28/2019Price change$399,500-0.1%$221/sqft
    Source: Keller Williams Realty Puget Sound #1454593 Report a problem
    5/21/2019Listed for sale$400,000$221/sqft
    Source: Keller Williams Realty Puget Sound #1454593 Report a problem
    5/16/2019Pending sale$400,000$221/sqft
    Source: Keller Williams Realty Puget Sound #1454593 Report a problem
    5/10/2019Listed for sale$400,000+63.3%$221/sqft
    Source: Keller Williams Realty PS #1454593 Report a problem
    8/16/2013Sold$245,000$135/sqft
    Source: NWMLS as distributed by MLS GRID #508450 Report a problem

    Public tax history

    YearProperty taxesTax 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 homes

    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
    $640,200
    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
    $640,200

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