Sold1042d on market
33418 40th Avenue SW
Federal Way, WA, 98023 • Twin Lakes • King County
$595,000
$434/sqft
3Beds
3Baths
1,370Sqft
0.31 acLot
1979Built
Property DNA
Territorial Views
Territorial
Traditional Style
Built 1979 · 47 years of history
Twin Lakes
Twin Lakes
Outdoor Living
Wall to Wall Carpet · Bath Off Primary · Double Pane/Storm Window · Dining Room · Fireplace (Primary Bedroom) · Fireplace · Water Heater
1 Fireplace
Wood Burning · Main Level: 1 · Fireplace
2-Car Garage
RV Parking · Attached Garage
This home is in high demand
Listed 1042 days ago · 8 views · Top 4% likely to sell soon
Market activity
Demand and pricing signals for this listing
8 views
People checking out this listing
1042 days on market
Established listing
$434/sqft
Price per square foot
Selling Soon Prediction
Very HighThis home ranks in the top 4% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Single Family · Built 1979
Nestled back from the street is this lovely home that has been in the same family for over 35 yrs. It’s available for the 1st time in decades. Featuring nearly a 1/3-acre lot, the serene backyard is a private & fully fenced oasis. A new roof with transferable warranty gives you peace of mind. The updated kitchen features brand new, stainless-steel GE Appliances for worry-free ownership. The primary bedroom has an en-suite bathroom for added privacy. Updated bathrooms features impermeable LVP flooring. Brand new carpet throughout will make you feel at home. The lower rec room can be used for 2nd living room, office or 4th bedroom. No HOA. This Pre-Inspected home is a rare combination of affordability & tranquility. Don't let it slip away!
Standout features identified
Our analysis highlights brand new carpet throughout, updated bathrooms, and updated kitchen as key attractions of this home.
Estimated monthly payment
Based on current rates
$3,682/month
Principal & Interest$2,889
Property Tax$595
Insurance$198
Down payment20% ($119,000)
3%50%
Est. 6.12% rate · 30yr fixed · $476,000 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1979
HeatingFireplace, Forced Air, Natural Gas
CoolingForced Air
Parking2 Attached Garage spaces
Lot0.31 Acres
Offer Review Date2023-05-08
Property
Home typeSingle Family
Sub-typeSingle Family Residence
StyleTraditional
ConditionAverage
Year built1979
Systems
HeatingFireplace, Forced Air, Natural Gas
CoolingForced Air
RoofComposition
ConstructionMetal/Vinyl, Wood Siding
Water / SewerPublic, Company: Water Haven / Sewer Connected, Company: Water Haven
Parking & Outdoor
ParkingRV Parking, Attached Garage
Garage2 spaces
BasementFinished
Fireplaces1
Lot0.31 Acres
Location & Tax
NeighborhoodTwin Lakes
Annual tax$4,275
Parcel3279000320
Bathrooms & Fees
Full baths2
Features & details
13 categories of property features
Interior Features
Interior
Bath Off Primary
Dining Room
Appliances
Dishwasher_
Dryer
GarbageDisposal_
Refrigerator_
StoveRange_
Washer
Dishwasher
Garbage Disposal
Refrigerator
StoveRange
Water Heater: Gas
Water Heater Location: Utility Room
Flooring
Vinyl Plank
Carpet
Heating
Fireplace
Forced Air
Natural Gas
Cooling
Forced Air
Fireplace
Wood Burning
Main Level: 1
Fireplace
Windows
Double Pane/Storm Window
Exterior Features
Parking
RV Parking
Attached Garage
Construction
Metal/Vinyl
Wood Siding
Patio & Porch
Wall to Wall Carpet
Bath Off Primary
Double Pane/Storm Window
Dining Room
Fireplace (Primary Bedroom)
Fireplace
Water Heater
Lot Features
Curbs
Paved
Sidewalk
Cable TV
Fenced-Fully
High Speed Internet
Patio
RV Parking
Views
Territorial
Utilities
Comcast
Comcast
Room details
12 rooms detailed
Master Bedroom
SecondBedroom
SecondBedroom
SecondBathroom Full
SecondBathroom Full
SecondOther
LowerListing insights
Market data and value estimates
StatusSold
Days on market1042
Est. value$602,600
Est. rent$2,977/mo
Tax rate0.82%
Price/sqft$434
On marketJul 26, 2023
PostedMay 3, 2023
Last sold$595,000
MLS statusSold
MLS updatedJul 31, 2023
Tour days6
Views8
How are the schools in Federal Way?
3 schools rated nearby
Location
Federal Way, WA, 98023
Price history
3 events
DateEventPrice$/sqftSource
May 31, 2023Sold$595,000$434NWMLS as distributed by MLS GRID
May 9, 2023Pending Sale$549,950$401NWMLS as distributed by MLS GRID
May 3, 2023Listed For Sale$549,950$401NWMLS as distributed by MLS GRID
Sold$595,000
May 31, 2023•$434/sqft•NWMLS as distributed by MLS GRID
Pending Sale$549,950
May 9, 2023•$401/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$549,950
May 3, 2023•$401/sqft•NWMLS as distributed by MLS GRID
Tax history
21 years of records
YearTax paidAssessed value
Apr 8, 2024$4,781$473,000
Apr 8, 2023$4,743$429,000
Apr 8, 2022$4,620$466,000
Apr 8, 2021$4,275$374,000
Apr 8, 2020$3,468$283,000
Apr 8, 2019$3,284$272,000
Apr 8, 2018$3,045$261,000
Apr 8, 2017$3,283$228,000
Apr 8, 2016$2,682$206,000
Apr 8, 2015$2,682$192,000
Apr 8, 2014$2,682$182,000
Apr 8, 2013$2,682$162,000
Apr 8, 2012—$151,000
Apr 8, 2011—$184,000
Apr 8, 2010—$212,000
Apr 8, 2009—$212,000
Apr 8, 2007—$218,000
Apr 8, 2006—$203,000
Apr 8, 2005—$188,000
Apr 8, 2001$2,024$150,000
Apr 8, 2000$1,883$134,000
Nearby homes
Neighborhood details
Local context around this listing
Federal Way, WA • King County
Nearby neighborhoods
AdelaideAlderbrookCampus HighlandsLaurelwoodMadronaMirror LakeRedondoSteel LakeTwin LakesWest Campus
Nearby cities
AuburnBellevueBothellFederal WayKentKirklandRedmondRenton
Nearby zip codes
98003980239806398093
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Based on information submitted to the MLS GRID as of 2026-04-07 18:04:02 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#39)
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