Sold486d on market
32718 40th Avenue SW
Federal Way, WA, 98023 • Twin Lakes • King County
$650,000
$243/sqft
4Beds
3Baths
2,670Sqft
0.18 acLot
1978Built
Property DNA
Territorial Views
Territorial
Twin Lakes
Twin Lakes
Outdoor Living
Bamboo/Cork · Bath Off Primary · Ceiling Fan(s) · Double Pane/Storm Window · Dining Room · Fireplace · Hardwood · Walk-In Closet(s) · Walk-In Pantry · Wall to Wall Carpet
2 Fireplaces
Wood Burning · Lower Level: 1 · Main Level: 1 · Fireplace
2-Car Garage
Driveway · Attached Garage
Hardwood Floors
Quality flooring throughout
Market activity
Demand and pricing signals for this listing
4 views
People checking out this listing
486 days on market
Established listing
$243/sqft
Price per square foot
About this home
Single Family · Built 1978
Welcome to your meticulously maintained home in the desirable Twin Lakes neighborhood. The primary suite features a spacious walk-in closet, a 3/4 bath, and a private deck perfect for relaxing. The main floor offers two additional bedrooms and a beautifully renovated bathroom. Enjoy the charm of hardwood floors throughout the main level and a cozy fireplace. Downstairs, you'll discover another bedroom and bath, a generous storage room, and a family room with a second fireplace. Step outside to a backyard deck that's great for entertaining. Relish the tranquility and convenience of this location, close to shopping, parks, and other amenities. And, of course, enjoy the comfort of air conditioning.
Standout features identified
Our analysis highlights cozy fireplace, backyard deck, and hardwood floors as key attractions of this home.
Estimated monthly payment
Based on current rates
$4,060/month
Principal & Interest$3,156
Property Tax$650
Insurance$217
HOA$37
Down payment20% ($130,000)
3%50%
Est. 6.12% rate · 30yr fixed · $520,000 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1978
HeatingFireplace, Forced Air, Electric
Cooling90%+ High Efficiency
Parking2 Attached Garage spaces
HOA$110 quarterly
Lot8,001 sqft
Property
Home typeSingle Family
Sub-typeSingle Family Residence
Year built1978
Stories1
Systems
HeatingFireplace, Forced Air, Electric
Cooling90%+ High Efficiency
RoofComposition
ConstructionWood Siding
Water / SewerPublic, Company: TPU / Sewer Connected, Company: Lakehaven Water & Sewer District
Parking & Outdoor
ParkingDriveway, Attached Garage
Garage2 spaces
BasementDaylight,Finished
Fireplaces2
Lot8,001 sqft
Location & Tax
NeighborhoodTwin Lakes
Annual tax$6,141
Parcel8731951580
Bathrooms & Fees
Full baths1
HOA$37/mo
Features & details
13 categories of property features
Interior Features
Interior
Bath Off Primary
Ceiling Fan(s)
Dining Room
Appliances
Dishwasher(s)
Disposal
Refrigerator(s)
Stove(s)/Range(s)
Garbage Disposal
Flooring
Bamboo/Cork
Hardwood
Vinyl
Vinyl Plank
Carpet
Heating
Fireplace
Forced Air
Electric
Cooling
90%+ High Efficiency
Fireplace
Wood Burning
Lower Level: 1
Main Level: 1
Fireplace
Windows
Double Pane/Storm Window
Exterior Features
Parking
Driveway
Attached Garage
Construction
Wood Siding
Patio & Porch
Bamboo/Cork
Bath Off Primary
Ceiling Fan(s)
Double Pane/Storm Window
Dining Room
Fireplace
Hardwood
Walk-In Closet(s)
Walk-In Pantry
Wall to Wall Carpet
Lot Features
Paved
Sidewalk
Deck
Fenced-Fully
Gas Available
Patio
Community
CCRs
Golf
Park
Playground
Views
Territorial
Room details
11 rooms detailed
Master Bedroom
MainBedroom
MainBedroom
MainBedroom
LowerBathroom Full
MainBathroom Three Quarter
MainListing insights
Market data and value estimates
StatusSold
Days on market486
Est. value$641,700
Est. rent$4,008/mo
Tax rate0.82%
Price/sqft$243
On marketOct 21, 2024
PostedAug 9, 2024
Last sold$650,000
MLS statusSold
MLS updatedJan 6, 2025
Tour days6
Views4
How are the schools in Federal Way?
3 schools rated nearby
Location
Federal Way, WA, 98023
Price history
8 events
DateEventPrice$/sqftSource
Dec 6, 2024Sold$650,000$243NWMLS as distributed by MLS GRID
Oct 25, 2024Pending Sale$640,000$240NWMLS as distributed by MLS GRID
Sep 11, 2024Price Change$640,000$240NWMLS as distributed by MLS GRID
Aug 9, 2024Listed For Sale$660,000$247NWMLS as distributed by MLS GRID
Jul 8, 2022Sold$640,000$240NWMLS as distributed by MLS GRID
Jun 1, 2022Pending Sale$640,000$240NWMLS as distributed by MLS GRID
May 14, 2022Listed For Sale$640,000$240NWMLS as distributed by MLS GRID
Sep 3, 1998Sold$175,000$66Public Record
Sold$650,000
Dec 6, 2024•$243/sqft•NWMLS as distributed by MLS GRID
Pending Sale$640,000
Oct 25, 2024•$240/sqft•NWMLS as distributed by MLS GRID
Price Change$640,000
Sep 11, 2024•$240/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$660,000
Aug 9, 2024•$247/sqft•NWMLS as distributed by MLS GRID
Sold$640,000
Jul 8, 2022•$240/sqft•NWMLS as distributed by MLS GRID
Pending Sale$640,000
Jun 1, 2022•$240/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$640,000
May 14, 2022•$240/sqft•NWMLS as distributed by MLS GRID
Sold$175,000
Sep 3, 1998•$66/sqft•Public Record
Tax history
21 years of records
YearTax paidAssessed value
Apr 7, 2024$6,210$619,000
Apr 7, 2023$6,141$561,000
Apr 7, 2022$5,980$609,000
Apr 7, 2021$5,471$483,000
Apr 7, 2020$5,433$451,000
Apr 7, 2019$5,161$433,000
Apr 7, 2018$4,765$414,000
Apr 7, 2017$5,136$361,000
Apr 7, 2016$4,201$327,000
Apr 7, 2015$4,201$304,000
Apr 7, 2014$4,201$289,000
Apr 7, 2013$4,201$220,000
Apr 7, 2012—$205,000
Apr 7, 2011—$241,000
Apr 7, 2010—$277,000
Apr 7, 2009—$277,000
Apr 7, 2007—$264,000
Apr 7, 2006—$246,000
Apr 7, 2005—$228,000
Apr 7, 2001$2,401$179,000
Apr 7, 2000$2,368$170,000
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 15:48:58 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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