Listing provided courtesy of Windermere RE South Sound, Inc. Bought with Coldwell Banker Danforth.

Off market may 2023 for $550K

$662,531

Est. refi paymentEst. refi $2,935/mo

•

2,420

sq ft

32020 40th Pl SW, Federal Way, WA 98023

About this home

The expensive projects have been done, including the roof, the furnace, gleaming hardwood floors in entry & kitchen and beautiful Andersen French doors to balcony & patio. Enjoy morning coffee while relaxing in the breakfast nook that overlooks the 1st green and fairway. Sprinkler system and lower maintenance yard = more time to relax. The garage is oversized w/room for a golf cart or a work area. No mandatory membership required.

Single-familyProperty Type

1968Year Built

8,505 sq ftLot Size

$274Est. Price/Sq.Ft.

2 car garageParking

Listed by • Windermere RE South Sound, Inc

Bought with Alan Luu • Coldwell Banker Danforth

Source:NWMLS as Distributed by MLS Grid #28165270

Redfin Estimate

$662,531

$113K since sold in May 2023$3,000 since September

Recently sold homes
Estimate history

This home's estimate is 7.2% higher than the average sale price ($618K) of 6 comparable homes.

SOLD JUL 30, 2026
$692,000
A
4 beds3 baths2,440 sq ft
4204 SW 315th St, Federal Way, WA 98023
Listing provided by nwmls
SOLD AUG 19, 2026
$571,000
B
4 beds2.5 baths2,150 sq ft
32624 35th Ave SW, Federal Way, WA 98023
Listing provided by nwmls
SOLD JUN 24, 2026
$660,000
C
3 beds2.5 baths2,210 sq ft
31521 42nd Ave SW, Federal Way, WA 98023
Listing provided by nwmls
SOLD OCT 13, 2026
$593,000
D
3 beds2 baths1,410 sq ft
3339 SW 323rd St, Federal Way, WA 98023
Listing provided by nwmls
SOLD JUL 13, 2026
$550,000
E
4 beds2.5 baths2,610 sq ft
3255 SW 325th St, Federal Way, WA 98023
Listing provided by nwmls
SOLD MAY 22, 2026
$642,500
F
4 beds2 baths2,200 sq ft
3327 SW 323rd St, Federal Way, WA 98023
Listing provided by nwmls

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Sell

$202,232

Est. take-home

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Est. cash available

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Rent

$3,297/mo

Redfin rental estimate

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Market trends in 98023, WA

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

99.2%

0.1% MoM

Median sale price

$625K

$4K MoM

Avg. days on market

24d

6 days MoM

Recently sold homes

130

4 MoM

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Shafiq Daqeeq • Berkshire Hathaway HS NW
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Serg Lobodzinskiy • Skyline Properties, Inc.
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Stu Collins • John L. Scott, Inc.
NEW
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Brittany Haun • COMPASS
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$675,000
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Rhonda Bleck • HomeSmart Real Estate Assoc
COMING SOON
$689,000
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Christopher Floyd • Morrison House Sotheby's Intl
COMING SOON
$725,000
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Michelle Le • Real Broker LLC
OPEN SUN, 1PM TO 3PM
$744,900
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Heather Heinzen • Coldwell Banker Danforth
$639,950
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Bryce Ancheta • BHGRE - Northwest Home Team
See all

Provided by Redfin

Sale history for 32020 40th Pl SW

Year

Property tax

Land + Additions

Assessment*

2026

$5,953 (+6.0%)

$231,000 + $344,000

$575,000

2025

$5,614 (+1.2%)

$231,000 + $344,000

$575,000

2024

$5,548 (+2.7%)

$231,000 + $326,000

$557,000

2023

$5,400 (+8.0%)

$209,000 + $296,000

$505,000

2022

$4,999 (−5.1%)

$190,000 + $358,000

$548,000

2021

$5,269 (+5.2%)

$152,000 + $288,000

$440,000

2020

$5,010 (+8.2%)

$127,000 + $310,000

$437,000

2019

$4,630 (−7.1%)

$101,000 + $301,000

$402,000

2018

$4,983 (+10.3%)

$101,000 + $301,000

$402,000

2017

$4,517 (+2.8%)

$92,000 + $258,000

$350,000

2016

$4,392 (+7.8%)

$84,000 + $233,000

$317,000

2015

$4,073 (+17.8%)

$80,000 + $215,000

$295,000

2014

$3,457 (+4.8%)

$80,000 + $200,000

$280,000

2013

$3,299 (+0.7%)

$95,000 + $119,000

$214,000

2012

$3,276 (−3.5%)

$95,000 + $104,000

$199,000

2011

$3,394 (−0.8%)

$127,000 + $132,000

$259,000

2010

$3,423 (−11.6%)

$127,000 + $143,000

$270,000

2009

$3,874

$107,000 + $245,000

$352,000

Tax history for 32020 40th Pl SW

Year

Property tax

Land + Additions

Assessment*

2026

$5,953 (+6.0%)

$231,000 + $344,000

$575,000

2025

$5,614 (+1.2%)

$231,000 + $344,000

$575,000

2024

$5,548 (+2.7%)

$231,000 + $326,000

$557,000

2023

$5,400 (+8.0%)

$209,000 + $296,000

$505,000

2022

$4,999 (−5.1%)

$190,000 + $358,000

$548,000

2021

$5,269 (+5.2%)

$152,000 + $288,000

$440,000

2020

$5,010 (+8.2%)

$127,000 + $310,000

$437,000

2019

$4,630 (−7.1%)

$101,000 + $301,000

$402,000

2018

$4,983 (+10.3%)

$101,000 + $301,000

$402,000

2017

$4,517 (+2.8%)

$92,000 + $258,000

$350,000

2016

$4,392 (+7.8%)

$84,000 + $233,000

$317,000

2015

$4,073 (+17.8%)

$80,000 + $215,000

$295,000

2014

$3,457 (+4.8%)

$80,000 + $200,000

$280,000

2013

$3,299 (+0.7%)

$95,000 + $119,000

$214,000

2012

$3,276 (−3.5%)

$95,000 + $104,000

$199,000

2011

$3,394 (−0.8%)

$127,000 + $132,000

$259,000

2010

$3,423 (−11.6%)

$127,000 + $143,000

$270,000

2009

$3,874

$107,000 + $245,000

$352,000

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Property details

Interior

Basement Information
Basement Sq. Ft: 580
Basement Finish: Finished
Basement Type: Daylight

Bathroom Information
# of Full Baths: 1
# of 1/2 Baths: 1
# of 3/4 Baths: 1

Heating & Cooling
Heating Fuel Type: Gas
Heating Type: Forced Air

Fireplace Information
# of Fireplaces: 1
Has Fireplace

Exterior

Exterior Information
Physical Condition: Average
Building Construction Quality: Good
Building Type: Single Family

Property Information
Subdivision Name: TWIN LAKES 02
Living Sq. Ft: 2,420
Ground Floor Sq. Ft: 1,840
Building Sq. Ft: 2,540
# of Stories: 1
Legal Description: TWIN LAKES # 2 PLAT BLOCK: PLAT LOT: 263

Parking & Garage Information
Parking Type: Attached Garage
Garage/Parking Sq. Ft: 490
Garage / Carport Type: Attached

Lot Information
# of Buildings: 1
Land Sq. Ft: 8,505
Legal Lot Number: 263
School Tax District: FEDERAL WAY #210
Municipality Name: FEDERAL WAY
Acres: 0.1952
Zoning Code: RS7.2
County Use Description: SINGLE FAMILY(RES USE/ZONE)

Location Information
Parcel Location Influence: Golf Course

Utility Information
Sewer Type: Public
Water Service Type: Public

Financial

Assessor Information
Assessment Year: 2025

Public facts

Beds: 4
Baths: 2.5
Sq. Ft.: 2,420
Stories: 1.0
Parking Spaces: —
Basement: No
Accessible: No
Lot Size: 8,505 square feet
Style: Single Family Residential
Year Built: 1968
Year Renovated: 2025
County: King County
APN: 873190 2630
HOA Dues: $37/month
Garage: Yes
Features: Green

Home facts updated by owner on Feb 7, 2026

Around this home

Schools

Twin Lakes Elementary School

Public PreK-5 • Assigned • 0.3mi

8/10

Lakota Middle School

Public 6-8 • Assigned • 1.4mi

5/10

Decatur High School

Public 9-12 • Assigned • 0.8mi

4/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Local insights from Redfin agents

Situated right along the Puget Sound, Federal Way is best known for its blend of natural beauty, fun attractions, and rich local culture! Locals love it for its vibrant dining scene and convenient location right between Seattle and Tacoma!
1 day ago • Federal Way
Andrew Maglalang-Weakley
Redfin Premier agent • Listing Agent
468 deals
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Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 87° expected this year, 16 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

6/10 Air Factor

8 unhealthy days expected this year, 9 days in 30 years

Provided by First Street

Historical weather

Federal Way, WA • 98023

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 8.9 hours in June and 1.7 hours in December, placing it below the U.S. average for solar exposure.

8.9 hrs

1.7 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$630,000 – $762,000

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