OFF MARKET

Listed by Kathy Callahan • Windermere RE South Sound, Inc. Bought with Berkshire Hathaway HS NW.

Off market feb 2025 for $665K

$686,110

Est. refi paymentEst. refi $4,903/mo

•

1,990

sq ft

32216 40th Pl SW, Federal Way, WA 98023

About this home

Welcome to your stunning new residence, where luxury meets lifestyle. This beautifully updated 3-bedroom, 2.5-bathroom home is a true gem, boasting an array of modern upgrades & amenities. Enjoy the elegance of granite countertops, chef's kitchen, newer bathrooms, fresh paint, plush comfort of new carpet, and the peace of mind with brand-new windows, insulation and a newer roof. Plus, the two-car garage with a work area offers the perfect space for your hobbies or additional storage. This home offers not just a place to live, but a vibrant community experience. Located close to schools, amenities, transit, freeways for an easy commute in any direction.

Single-familyProperty Type

1972Year Built

8,160 sq ftLot Size

$345Est. Price/Sq.Ft.

2 car garageParking

Listed by Kathy Callahan • Windermere RE South Sound, Inc

Bought with Angelica Thrasher • Berkshire Hathaway HS NW

Redfin checked: 3 minutes ago

•Source:NWMLS as Distributed by MLS Grid #2282321

Redfin Estimate

$686,110

$21K since sold in February 2025$2,000 since October

Recently sold homes
Estimate history

This home's estimate is 10.1% higher than the average sale price ($623K) of 6 comparable homes.

SOLD OCT 14, 2026
$585,000
A
3 beds2.5 baths1,560 sq ft
31550 39th Ave SW, Federal Way, WA 98023
Listing provided by nwmls
SOLD NOV 21, 2025
$645,000
B
3 beds2.5 baths1,950 sq ft
3713 SW 319th, Federal Way, WA 98023
Listing provided by nwmls
SOLD MAY 19, 2026
$650,000
C
4 beds2.5 baths1,810 sq ft
32719 40th Ave SW, Federal Way, WA 98023
Listing provided by nwmls
SOLD JUL 24, 2026
$650,000
D
4 beds3 baths1,860 sq ft
4144 SW 322nd St, Federal Way, WA 98023
Listing provided by nwmls
SOLD AUG 19, 2026
$571,000
E
4 beds2.5 baths2,150 sq ft
32624 35th Ave SW, Federal Way, WA 98023
Listing provided by nwmls
SOLD BY REDFIN SEP 9, 2026
$639,000
F
4 beds3 baths2,100 sq ft
3657 SW 318th St, Federal Way, WA 98023
Listing provided by nwmls

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Sell

$120,128

Est. take-home

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Est. cash available

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Rent

$3,273/mo

Redfin rental estimate

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Market trends in 98023, WA

Last updated October 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

New listings for sale

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Lia Huang • Dalton Wade, Inc.
OPEN TODAY, 2PM TO 5PM
$550,000
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32514 36th Ave SW, Federal Way, WA 98023
Evonne Brank • John L. Scott, Inc
NEW
$799,500
3 beds2.5 baths2,645 sq ft
31327 43rd Pl SW, Federal Way, WA 98023
Emily Anderson • Every Door Real Estate
$689,000
3 beds2.5 baths1,900 sq ft
2723 SW 349th Pl, Federal Way, WA 98023
Christopher Floyd • Morrison House Sotheby's Intl
$625,000
4 beds3 baths3,120 sq ft
2819 SW 324th Pl, Federal Way, WA 98023
Mark Bergman • Windermere Prof Partners
EARLY ACCESS
$225,000
2 beds1 bath809 sq ft
32120 45th Pl SW Unit C6, Federal Way, WA 98023
SHORT SALE
$529,999
4 beds1.5 baths1,390 sq ft
2229 SW 330th, Federal Way, WA 98023
Tyson Simonson • Realty One Group Orca
$520,000
3 beds3 baths1,507 sq ft
30637 1st Pl SW, Federal Way, WA 98023
Tanya Franzen-Garrett • Marketplace Sotheby's Intl Rty
OPEN SUN, 1PM TO 3PM
$274,995
3 beds1.5 baths1,017 sq ft
4601 SW 320th St, Federal Way, WA 98023
Justin Cambra • eXp Realty
$860,000
4 beds2.5 baths3,000 sq ft
35402 7th Ave SW, Federal Way, WA 98023
Jonathan Byrd • Keller Williams Eastside
See all

Provided by Redfin

Sale history for 32216 40th Pl SW

Date

Event

Price

Feb 27, 2025

Sold (MLS) (Closed)

NWMLS as Distributed by MLS Grid #2282321

$665,000

$334/sq ft

Jan 31, 2025

Pending

NWMLS as Distributed by MLS Grid #2282321

—

Dec 9, 2024

Relisted (Active)

NWMLS as Distributed by MLS Grid #2282321

—

Nov 30, 2024

Pending

NWMLS as Distributed by MLS Grid #2282321

—

Nov 15, 2024

Price Changed

NWMLS as Distributed by MLS Grid #2282321

$674,900

$339/sq ft

Oct 11, 2024

Price Changed

NWMLS as Distributed by MLS Grid #2282321

$689,900

$347/sq ft

Aug 29, 2024

Listed (Active)

NWMLS as Distributed by MLS Grid #2282321

$699,900

$352/sq ft

Jul 9, 2018

Sold

Public Records

$417,750

$210/sq ft

Jul 10, 2018

Sold (MLS) (Sold)

NWMLS as Distributed by MLS Grid #1294703

$417,950

$210/sq ft

Jun 7, 2018

Pending

NWMLS as Distributed by MLS Grid #1294703

—

May 29, 2018

Pending (Pending Inspection)

NWMLS as Distributed by MLS Grid #1294703

—

May 29, 2018

Price Changed

NWMLS as Distributed by MLS Grid #1294703

$417,950

$210/sq ft

May 19, 2018

Listed (Active)

NWMLS as Distributed by MLS Grid #1294703

$409,950

$206/sq ft

Oct 26, 1995

Sold

Public Records

$159,500

$80/sq ft

Apr 29, 1988

Sold

Public Records

$97,500

$49/sq ft

Year

Property tax

Land + Additions

Assessment*

2026

$6,070 (+5.9%)

$216,000 + $374,000

$590,000

2025

$5,733 (+0.8%)

$216,000 + $374,000

$590,000

2024

$5,685 (+2.6%)

$216,000 + $356,000

$572,000

2023

$5,543 (+8.0%)

$195,000 + $323,000

$518,000

2022

$5,131 (+2.4%)

$178,000 + $385,000

$563,000

2021

$5,012 (+5.4%)

$142,000 + $310,000

$452,000

2020

$4,753 (+8.2%)

$117,000 + $298,000

$415,000

2019

$4,394 (−7.1%)

$94,000 + $287,000

$381,000

2018

$4,732 (+10.5%)

$94,000 + $287,000

$381,000

2017

$4,281 (+2.9%)

$86,000 + $246,000

$332,000

2016

$4,159 (+7.7%)

$79,000 + $221,000

$300,000

2015

$3,860 (+19.3%)

$76,000 + $203,000

$279,000

2014

$3,236 (+4.8%)

$76,000 + $189,000

$265,000

2013

$3,089 (+0.6%)

$89,000 + $111,000

$200,000

2012

$3,072 (−3.3%)

$89,000 + $97,000

$186,000

2011

$3,177 (−0.7%)

$119,000 + $123,000

$242,000

2010

$3,201 (−6.8%)

$119,000 + $133,000

$252,000

2009

$3,433

$84,000 + $227,000

$311,000

Tax history for 32216 40th Pl SW

Year

Property tax

Land + Additions

Assessment*

2026

$6,070 (+5.9%)

$216,000 + $374,000

$590,000

2025

$5,733 (+0.8%)

$216,000 + $374,000

$590,000

2024

$5,685 (+2.6%)

$216,000 + $356,000

$572,000

2023

$5,543 (+8.0%)

$195,000 + $323,000

$518,000

2022

$5,131 (+2.4%)

$178,000 + $385,000

$563,000

2021

$5,012 (+5.4%)

$142,000 + $310,000

$452,000

2020

$4,753 (+8.2%)

$117,000 + $298,000

$415,000

2019

$4,394 (−7.1%)

$94,000 + $287,000

$381,000

2018

$4,732 (+10.5%)

$94,000 + $287,000

$381,000

2017

$4,281 (+2.9%)

$86,000 + $246,000

$332,000

2016

$4,159 (+7.7%)

$79,000 + $221,000

$300,000

2015

$3,860 (+19.3%)

$76,000 + $203,000

$279,000

2014

$3,236 (+4.8%)

$76,000 + $189,000

$265,000

2013

$3,089 (+0.6%)

$89,000 + $111,000

$200,000

2012

$3,072 (−3.3%)

$89,000 + $97,000

$186,000

2011

$3,177 (−0.7%)

$119,000 + $123,000

$242,000

2010

$3,201 (−6.8%)

$119,000 + $133,000

$252,000

2009

$3,433

$84,000 + $227,000

$311,000

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

Public record

Beds

Baths

2.5

Stories

Lot width

—

Lot depth

—

Lot size

8,160 Sq. Ft.

Year renovated

—

Sq. Ft.

1,990

Year built

1972

Style

Single Family Residential

County

King County

APN

873196 0370

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 5, 2026.

Property details

Parking

Parking Information
Covered Spaces: 2
Parking Features: Attached Garage
Garage Spaces: 2
Has Attached Garage
Has Garage
Garage Square Feet: 200

Interior

Virtual Tour

Bedroom Information
# of Bedrooms: 3
# of Beds Upper: 3
Bedrooms Possible: 3

Bathroom Information
# of Full Baths (Total): 1
# of Three Quarter Baths (Total): 1
# of Half Baths (Total): 1
# of Full Baths (Upper): 1
# of Half Baths (Lower): 1
# of Three Quarter Baths (Upper): 1
# of Bathtubs: 1
# of Showers: 2

Room 1 Information
Room Type: Dining Room
Room Level: Main

Room 2 Information
Room Type: Entry Hall
Room Level: Main

Room 3 Information
Room Type: Family Room
Room Level: Lower

Room 4 Information
Room Type: Kitchen With Eating Space
Room Level: Main

Room 5 Information
Room Type: Living Room
Room Level: Main

Room 6 Information
Room Type: Utility Room
Room Level: Lower

Room 7 Information
Room Type: Bathroom Full
Room Level: Second

Room 8 Information
Room Type: Bathroom Half
Room Level: Lower

Room 9 Information
Room Type: Bathroom Three Quarter
Room Level: Second

Room 10 Information
Room Type: Bedroom
Room Level: Second

Room 11 Information
Room Type: Bedroom
Room Level: Second

Room 12 Information
Room Type: Primary Bedroom
Room Level: Second

Basement Information
Basement Features: Finished

Fireplace Information
Has Fireplace
# of Fireplaces: 1
Fireplace Features: Wood Burning
# of Fireplaces Main: 1

Heating & Cooling
Has Heating
Heating Information: Forced Air
Cooling Information: None

Interior Features
Interior Features: Ceramic Tile, Dining Room, Fireplace, Laminate, Vaulted Ceiling(s), Walk-in Closet(s), Wall to Wall Carpet, Water Heater
Appliances: Dishwasher(s), Dryer(s), Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Flooring: Ceramic Tile, Laminate, Vinyl, Carpet
Appliances Included: Dishwasher(s),Dryer(s),Garbage Disposal,Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)

Exterior

Building Information
Building Information: Built On Lot
Construction Materials: Wood
Roof: Composition

Exterior Features
Exterior Features: Wood

Pool Information
Pool Type: Community
Pool Features: Community

Property Information
Energy Source: Electric,Natural Gas
Sq. Ft. Finished: 1,990
Style Code: 13 - Tri-Level
Property Type: Residential
Property Sub Type: Single Family Residence
Property Condition: Good

Land Information
Vegetation: Garden Space

Lot Information
MLS Lot Size Source: Public Records
Site Features: Cable TV,Fenced-Fully,High Speed Internet,Outbuildings,Patio
Zoning Jurisdiction: City
Lot Features: Curbs, Paved, Sidewalk
Lot Size Units: Square Feet
Lot Size Acres: 0.1873
Elevation Units: Feet

Financial

Tax Information
Tax Annual Amount: $5,685
Tax Year: 2024

Financial Information
Listing Terms: Cash Out, Conventional, FHA, VA Loan
Buyer Financing: Conventional

Utilities

Utility Information
Water Source: Public
Water Company: Lakehaven
Power Company: PSE
Sewer: Sewer Connected
Sewer Company: Lakehaven
Water Heater Location: Garage
Water Heater Type: Gas
Cable Connected: Xfinity
Internet Connected: Xfinity

Location

HOA Information
Has HOA
Association Fee: $100
Association Fee Frequency: Quarterly

School Information
Elementary School: Twin Lakes Elem
Middle Or Junior High School: Lakota Mid Sch
High School: Decatur High
High School District: Federal Way

Location Information
Bus Line Nearby: true
Directions: West on SW 320th, left on 42nd Pl. SW (across from Twin Lakes Elementary) street becomes 40th Pl. SW. Home on left.
Topography: Level

Community Information
Senior Exemption: false
Community Features: CCRs

Public facts

Beds: 3
Baths: 2.5
Sq. Ft.: 1,990
Stories: 1.0
Lot Size: 8,160 square feet
Style: Single Family Residential
Year Built: 1972
Year Renovated: —
County: King County
APN: 873196 0370

Home facts updated by county records on Sep 5, 2026

Other

Listing Information
Buyer Brokerage Compensation: 2.5
Buyer Brokerage Compensation Type: %
Mls Status: Sold

Listing Date Information
On Market Date: Thursday, August 29, 2024

Green Information
Power Production Type: Electric, Natural Gas

Home Information
Living Area: 1,990
Living Area Units: Square Feet
Calculated Square Footage: 1990
MLS Square Footage Source: Public Records
Building Area Total: 1990
Building Area Units: Square Feet
Foundation Details: Poured Concrete
Building Name: Twin Lakes
Year Built Effective: 1972
Effective Year Built Source: Public Records
Structure Type: House
Levels: Three Or More
Entry Location: Main

Around this home

Schools

Twin Lakes Elementary School

Public PreK-5 • Assigned • 0.3mi

8/10

Lakota Middle School

Public 6-8 • Assigned • 1.5mi

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

Federal Way buyers should compare lot sizes, views, and shopping access in Twin Lakes, Marine Hills, and Dash Point. Sellers should highlight their home’s strengths and price against nearby comparable sales. Explore Dash Point State Park and Dumas...
2 weeks ago • Federal Way
Shauna Rumel
Redfin agent
Was this helpful?
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!
3 weeks ago • Federal Way
Andrew Maglalang-Weakley
Redfin Premier agent • Listing Agent
469 deals
Was this helpful?

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

$652,000 – $790,000

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Home values near 32216 40th Pl SW

Data from public records.

Address	Redfin Estimate
32202 40th Place Southwest, Federal Way, WA 5 Beds \| 3 Baths \| 3192 Sq. Ft.	$886,778
32113 40th Avenue Southwest, Federal Way, WA 3 Beds \| 2 Baths \| 1530 Sq. Ft.	$570,349

Address	Redfin Estimate
32215 40th Place Southwest, Federal Way, WA 3 Beds \| 2.5 Baths \| 2110 Sq. Ft.	$759,686
32119 40th Avenue Southwest, Federal Way, WA 4 Beds \| 2 Baths \| 1810 Sq. Ft.	$612,037

Address	Redfin Estimate
32105 40th Avenue Southwest, Federal Way, WA 4 Beds \| 2 Baths \| 1960 Sq. Ft.	$695,793
32225 40th Place Southwest, Federal Way, WA 4 Beds \| 2.5 Baths \| 3220 Sq. Ft.	$697,872

Property information provided by NWMLS as Distributed by MLS Grid when last listed in 2024. This data may not match . Learn more.

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About this home

Redfin Estimate

Earn from this home

Market trends in 98023, WA

Sale history for 32216 40th Pl SW

Tax history for 32216 40th Pl SW

Public record

Property details

Around this home

Schools

Lifestyle

Local insights from Redfin agents

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 98023

Home values near 32216 40th Pl SW

More real estate resources