Sold165d on market
34042 22nd Place SW
Federal Way, WA, 98023 • Twin Lakes • King County
$575,000
$532/sqft
3Beds
2Baths
1,080Sqft
0.22 acLot
1967Built
Property DNA
Twin Lakes
Twin Lakes
2-Car Garage
Attached Garage
This home is in high demand
Listed 165 days ago · 16 views · Top 6% likely to sell soon
Market activity
Demand and pricing signals for this listing
16 views
People checking out this listing
165 days on market
Established listing
$532/sqft
Price per square foot
Selling Soon Prediction
Very HighThis home ranks in the top 6% 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 1967
Welcome home to this beautifully updated 3-bedroom, 1.75-bath home in Federal Way! Featuring an open-concept layout with spacious living areas, a modern kitchen, and refreshed finishes throughout. Nestled on a nice-sized lot, you’ll enjoy plenty of outdoor space for entertaining, gardening, or play. Conveniently located near schools, shopping, dining, and easy commuter routes—this home is a must-see!
Standout features identified
Our analysis highlights modern kitchen, plenty of outdoor space, and refreshed finishes as key attractions of this home.
Estimated monthly payment
Based on current rates
$3,559/month
Principal & Interest$2,792
Property Tax$575
Insurance$192
Down payment20% ($115,000)
3%50%
Est. 6.12% rate · 30yr fixed · $460,000 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1967
HeatingForced Air, Electric, Natural Gas
CoolingNone
Parking2 Attached Garage spaces
Lot9,748 sqft
Property
Home typeSingle Family
Sub-typeSingle Family Residence
Year built1967
Stories1
Systems
HeatingForced Air, Electric, Natural Gas
CoolingNone
RoofComposition
ConstructionWood Products
Water / SewerPublic / Septic Tank
Parking & Outdoor
ParkingAttached Garage
Garage2 spaces
BasementNone
Lot9,748 sqft
Location & Tax
NeighborhoodTwin Lakes
Annual tax$4,430
Parcel3306300300
Bathrooms & Fees
Full baths1
Features & details
4 categories of property features
Interior Features
Heating
Forced Air
Electric
Natural Gas
Cooling
None
Exterior Features
Parking
Attached Garage
Construction
Wood Products
Room details
5 rooms detailed
Bedroom
MainBedroom
MainBedroom
MainBathroom Full
MainBathroom Three Quarter
MainListing insights
Market data and value estimates
StatusSold
Days on market165
Est. value$570,800
Est. rent$2,693/mo
Tax rate0.82%
Price/sqft$532
On marketNov 6, 2025
PostedSep 4, 2025
Last sold$575,000
MLS statusSold
MLS updatedNov 24, 2025
Tour days6
Views16
How are the schools in Federal Way?
3 schools rated nearby
Location
Federal Way, WA, 98023
Price history
4 events
DateEventPrice$/sqftSource
Oct 24, 2025Sold$575,000$532NWMLS as distributed by MLS GRID
Sep 23, 2025Pending Sale$574,950$532NWMLS as distributed by MLS GRID
Sep 4, 2025Listed For Sale$574,950$532NWMLS as distributed by MLS GRID
Apr 30, 2025Sold$281,500$261Public Record
Sold$575,000
Oct 24, 2025•$532/sqft•NWMLS as distributed by MLS GRID
Pending Sale$574,950
Sep 23, 2025•$532/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$574,950
Sep 4, 2025•$532/sqft•NWMLS as distributed by MLS GRID
Sold$281,500
Apr 30, 2025•$261/sqft•Public Record
Tax history
21 years of records
YearTax paidAssessed value
Apr 8, 2024$4,431$437,000
Apr 8, 2023$4,394$396,000
Apr 8, 2022$4,277$430,000
Apr 8, 2021$3,957$345,000
Apr 8, 2020$3,070$249,000
Apr 8, 2019$2,899$239,000
Apr 8, 2018$2,685$229,000
Apr 8, 2017$2,892$200,000
Apr 8, 2016$2,370$181,000
Apr 8, 2015$2,370$168,000
Apr 8, 2014$2,370$160,000
Apr 8, 2013$2,370$141,000
Apr 8, 2012—$131,000
Apr 8, 2011—$160,000
Apr 8, 2010—$185,000
Apr 8, 2009—$185,000
Apr 8, 2007—$182,000
Apr 8, 2006—$169,000
Apr 8, 2005—$157,000
Apr 8, 2001$1,635$120,000
Apr 8, 2000$1,587$112,000
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
Similar homes
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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