Sold897d on market
32724 40th Avenue SW
Federal Way, WA, 98023 • Twin Lakes • King County
$602,000
$300/sqft
4Beds
3Baths
2,010Sqft
0.19 acLot
1970Built
Property DNA
Territorial Views
Territorial
Traditional Style
Built 1970 · 56 years of history
Twin Lakes
Twin Lakes
Outdoor Living
Ceramic Tile · Hardwood · Wall to Wall Carpet · Bath Off Primary · Double Pane/Storm Window · French Doors · Hot Tub/Spa · Walk-In Closet(s) · Fireplace · Water Heater
2 Fireplaces
Wood Burning · Lower Level: 1 · Main Level: 1 · Fireplace
2-Car Garage
Driveway · Attached Garage
Ceramic Tile & Hardwood Floors
Quality flooring throughout
This home is in high demand
Listed 897 days ago · 3 views · Top 5% likely to sell soon
Market activity
Demand and pricing signals for this listing
3 views
People checking out this listing
897 days on market
Established listing
$300/sqft
Price per square foot
Selling Soon Prediction
Very HighThis home ranks in the top 5% 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 1970
Where can you find a very well maintained 4 bedroom and three bathroom home in the Twin Lakes community, right here. This home is minutes from the brand new Olympic view K-8th school, I-5 and Hwy 18 access as well as the crossings. This home has been very well maintained, it features brand new carpet, fresh interior paint, an updated lower bathroom and brand new water heater. Upstairs you will find two bedrooms a full bathroom and the Primary en suite. The main level features the living room, chef's kitchen with tons of storage and the ability to step right off the kitchen onto the oversized deck. Head downstairs for the fourth bedroom, updated three quarter bath and second living room/bonus room which has access to the back yard as well.
Standout features identified
Our analysis highlights updated three quarter bath, primary en suite, and bonus room as key attractions of this home.
Estimated monthly payment
Based on current rates
$3,763/month
Principal & Interest$2,923
Property Tax$602
Insurance$201
HOA$37
Down payment20% ($120,400)
3%50%
Est. 6.12% rate · 30yr fixed · $481,600 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1970
HeatingFireplace, Forced Air, Heat Pump, Electric, Natural Gas
CoolingForced Air
Parking2 Attached Garage spaces
HOA$111 quarterly
Lot8,080 sqft
Offer Review Date2023-09-25
Property
Home typeSingle Family
Sub-typeSingle Family Residence
StyleTraditional
ConditionVery Good
Year built1970
Systems
HeatingFireplace, Forced Air, Heat Pump, Electric, Natural Gas
CoolingForced Air
RoofComposition
ConstructionWood Siding, Wood Products
Water / SewerPublic, Company: Lakehaven / Sewer Connected, Company: Lakehaven
Parking & Outdoor
ParkingDriveway, Attached Garage
Garage2 spaces
BasementFinished
Fireplaces2
Lot8,080 sqft
Location & Tax
NeighborhoodTwin Lakes
Annual tax$5,533
Parcel8731951570
Bathrooms & Fees
Full baths1
HOA$37/mo
Features & details
15 categories of property features
Interior Features
Interior
Bath Off Primary
Appliances
Dishwasher_
Dryer
Microwave_
Refrigerator_
Washer
Dishwasher
Microwave
Refrigerator
Water Heater: Natural Gas
Water Heater Location: Utility/Laundry room
Flooring
Ceramic Tile
Hardwood
Vinyl
Carpet
Heating
Fireplace
Forced Air
Heat Pump
Electric
Natural Gas
Cooling
Forced Air
Fireplace
Wood Burning
Lower Level: 1
Main Level: 1
Fireplace
Windows
Double Pane/Storm Window
Exterior Features
Parking
Driveway
Attached Garage
Construction
Wood Siding
Wood Products
Patio & Porch
Ceramic Tile
Hardwood
Wall to Wall Carpet
Bath Off Primary
Double Pane/Storm Window
French Doors
Hot Tub/Spa
Walk-In Closet(s)
Fireplace
Water Heater
Lot Features
Corner Lot
Curbs
Paved
Sidewalk
Cable TV
Deck
Fenced-Fully
Gas Available
High Speed Internet
Outbuildings
Patio
Sprinkler System
Community
CCRs
Clubhouse
Golf
Views
Territorial
Utilities
Xfinity
Xfinity
Other Equipment
Leased Equipment: N/A
Room details
13 rooms detailed
Master Bedroom
SecondBedroom
SecondBedroom
SecondBedroom
LowerBathroom Full
SecondBathroom Three Quarter
SecondListing insights
Market data and value estimates
StatusSold
Days on market897
Est. value$643,300
Est. rent$3,929/mo
Tax rate0.82%
Price/sqft$300
On marketOct 16, 2023
PostedSep 21, 2023
Last sold$602,000
MLS statusSold
MLS updatedOct 24, 2023
Tour days6
Views3
How are the schools in Federal Way?
3 schools rated nearby
Location
Federal Way, WA, 98023
Price history
10 events
DateEventPrice$/sqftSource
Oct 23, 2023Sold$602,000$300NWMLS as distributed by MLS GRID
Oct 4, 2023Pending Sale$600,000$299NWMLS as distributed by MLS GRID
Sep 29, 2023Listed For Sale$600,000$299NWMLS as distributed by MLS GRID
Sep 26, 2023Pending Sale$600,000$299NWMLS as distributed by MLS GRID
Sep 21, 2023Listed For Sale$600,000$299NWMLS as distributed by MLS GRID
Dec 3, 2019Sold$424,450$211NWMLS as distributed by MLS GRID
Nov 2, 2019Pending Sale$424,450$211Sterling Johnston Real Estate
Oct 25, 2019Listed For Sale$424,450$211Sterling Johnston Real Estate
Nov 30, 2001Sold$195,000$97NWMLS as distributed by MLS GRID
Feb 23, 1995Sold$141,950$71Public Record
Sold$602,000
Oct 23, 2023•$300/sqft•NWMLS as distributed by MLS GRID
Pending Sale$600,000
Oct 4, 2023•$299/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$600,000
Sep 29, 2023•$299/sqft•NWMLS as distributed by MLS GRID
Pending Sale$600,000
Sep 26, 2023•$299/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$600,000
Sep 21, 2023•$299/sqft•NWMLS as distributed by MLS GRID
Sold$424,450
Dec 3, 2019•$211/sqft•NWMLS as distributed by MLS GRID
Pending Sale$424,450
Nov 2, 2019•$211/sqft•Sterling Johnston Real Estate
Listed For Sale$424,450
Oct 25, 2019•$211/sqft•Sterling Johnston Real Estate
Sold$195,000
Nov 30, 2001•$97/sqft•NWMLS as distributed by MLS GRID
Sold$141,950
Feb 23, 1995•$71/sqft•Public Record
Tax history
21 years of records
YearTax paidAssessed value
Apr 8, 2024$5,716$571,000
Apr 8, 2023$5,675$517,000
Apr 8, 2022$5,533$562,000
Apr 8, 2021$5,065$446,000
Apr 8, 2020$4,930$408,000
Apr 8, 2019$4,683$392,000
Apr 8, 2018$4,326$375,000
Apr 8, 2017$4,662$327,000
Apr 8, 2016$3,804$296,000
Apr 8, 2015$3,804$275,000
Apr 8, 2014$3,804$261,000
Apr 8, 2013$3,804$204,000
Apr 8, 2012—$190,000
Apr 8, 2011—$223,000
Apr 8, 2010—$256,000
Apr 8, 2009—$256,000
Apr 8, 2007—$242,000
Apr 8, 2006—$225,000
Apr 8, 2005—$209,000
Apr 8, 2001$2,284$170,000
Apr 8, 2000$2,260$162,000
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 17:38:56 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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