Listing provided courtesy of Better Properties NW. Bought with John L. Scott, Inc.

Off market feb 2011 for $180K

$512,243

Est. refi paymentEst. refi $1,449/mo

•

2 ba

•

1,650

sq ft

32240 3rd Ave SW, Federal Way, WA 98023

About this home

Single-familyProperty Type

1978Year Built

8,609 sq ftLot Size

$310Est. Price/Sq.Ft.

2 car garageParking

Listed by • Better Properties NW

Bought with Bonnie Stuart • John L. Scott, Inc

Source:NWMLS as Distributed by MLS Grid #61105

Redfin Estimate

$512,243

$332K since sold in February 2011$3,000 since September

Recently sold homes
Estimate history

This home's estimate is 7.4% lower than the average sale price ($553K) of 6 comparable homes.

SOLD SEP 4, 2026
$525,000
A
3 beds2.5 baths1,800 sq ft
31624 3rd Pl S, Federal Way, WA 98003
Listing provided by nwmls
SOLD JUL 27, 2026
$599,000
B
3 beds2.5 baths2,060 sq ft
32105 2nd Ave SW, Federal Way, WA 98023
Listing provided by nwmls
SOLD OCT 8, 2026
$528,000
C
3 beds2 baths1,540 sq ft
31244 9th Ave S, Federal Way, WA 98003
Listing provided by nwmls
SOLD MAY 8, 2026
$580,000
D
3 beds2 baths1,520 sq ft
32334 9th Ave S, Federal Way, WA 98003
Listing provided by nwmls
SOLD AUG 31, 2026
$599,000
E
3 beds2.5 baths1,750 sq ft
822 SW 314th Pl, Federal Way, WA 98023
Listing provided by nwmls
SOLD AUG 26, 2026
$489,000
F
3 beds2 baths1,050 sq ft
32219 14th Ave SW, Federal Way, WA 98023
Listing provided by nwmls

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Sell

$385,675

Est. take-home

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Refinance

Est. cash available

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Rent

$2,923/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

New listings for sale

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
OPEN SAT, 12PM TO 4PM
$675,000
3 beds2.5 baths2,010 sq ft
4123 SW 322nd St, Federal Way, WA 98023
Mary King • Berkshire Hathaway HS NW
OPEN SAT, 10AM TO 12PM
$498,500
3 beds2 baths940 sq ft
33215 36th Ave SW, Federal Way, WA 98023
Jan Lewis • Windermere Real Estate/East
OPEN SUN, 4PM TO 6PM
$789,360
2 beds2 baths1,420 sq ft
31204 8th Ave SW, Federal Way, WA 98023
Hao Sun • John L. Scott, Inc.
OPEN SAT, 10AM TO 1PM
$625,000
3 beds3 baths1,820 sq ft
4232 SW 328th Ct, Federal Way, WA 98023
Irina Stoyan • Skyline Properties, Inc.
FOR SALE BY OWNER
$649,000
4 beds2 baths1,760 sq ft
35803 18th Ave SW, Federal Way, WA 98023
OPEN SAT, 12PM TO 2PM
$648,000
4 beds2.5 baths2,383 sq ft
34113 13th Pl SW, Federal Way, WA 98023
Agnes Chan Low • Prime Metropolis Properties
$600,000
4 beds2.5 baths2,220 sq ft
2232 SW 307th St, Federal Way, WA 98023
Teddy Atterbury • Windermere Real Estate/HLC
3D WALKTHROUGH
$339,950
2 beds2 baths1,056 sq ft
31500 33rd Pl SW Unit V102, Federal Way, WA 98023
Laura Sinclair • eXp Realty
See all

Provided by Redfin

Sale history for 32240 3rd Ave SW

Date

Event

Price

Public Records

Feb 17, 2011

Sold

$180,000

$109/sq ft

NWMLS as Distributed by MLS Grid #61105

Oct 19, 2010

Pending (Pending - Backup Offer Requested)

—

Sep 4, 2010

Sold (MLS) (Sold)

$180,000

$109/sq ft

Jul 30, 2010

Price Changed

$185,000

$112/sq ft

Jun 25, 2010

Price Changed

$189,950

$115/sq ft

Jun 4, 2010

Price Changed

$194,500

$118/sq ft

Apr 21, 2010

Listed (Active)

$199,950

$121/sq ft

NWMLS as Distributed by MLS Grid #20118768

Nov 22, 2000

Sold (MLS)

$178,000

$108/sq ft

Sep 27, 2000

Listed

$173,950

$105/sq ft

Public Records

Mar 19, 1992

Sold

$126,000

$76/sq ft

Public Records

Oct 16, 1980

Sold

$79,950

$48/sq ft

Public Records

Apr 25, 1979

Sold

$74,250

$45/sq ft

Public Records

Jul 26, 1978

Sold

$433,500

$263/sq ft

Year

Property tax

Land + Additions

Assessment*

2026

$649 (+3.3%)

$173,000 + $423,000

$596,000

2025

$628 (−3.5%)

$173,000 + $423,000

$596,000

2024

$651 (−88.2%)

$166,000 + $408,000

$574,000

2023

$5,514 (+8.4%)

$139,000 + $380,000

$519,000

2022

$5,087 (+16.8%)

$154,000 + $406,000

$560,000

2021

$4,357 (+2.7%)

$135,000 + $313,000

$448,000

2020

$4,240 (+8.1%)

$90,000 + $269,000

$359,000

2019

$3,922 (−8.8%)

$90,000 + $249,000

$339,000

2018

$4,300 (+10.5%)

$90,000 + $249,000

$339,000

2017

$3,890 (+2.9%)

$82,000 + $219,000

$301,000

2016

$3,781 (+2.1%)

$75,000 + $197,000

$272,000

2015

$3,704 (+13.9%)

$72,000 + $181,000

$253,000

2014

$3,252 (−3.8%)

$72,000 + $182,000

$254,000

2013

$3,380 (−1.7%)

$72,000 + $129,000

$201,000

2012

$3,439 (+16.7%)

$72,000 + $132,000

$204,000

2011

$2,947 (+0.2%)

$76,000 + $148,000

$224,000

2010

$2,942 (−4.4%)

$76,000 + $155,000

$231,000

2009

$3,078

$76,000 + $202,000

$278,000

Tax history for 32240 3rd Ave SW

Year

Property tax

Land + Additions

Assessment*

2026

$649 (+3.3%)

$173,000 + $423,000

$596,000

2025

$628 (−3.5%)

$173,000 + $423,000

$596,000

2024

$651 (−88.2%)

$166,000 + $408,000

$574,000

2023

$5,514 (+8.4%)

$139,000 + $380,000

$519,000

2022

$5,087 (+16.8%)

$154,000 + $406,000

$560,000

2021

$4,357 (+2.7%)

$135,000 + $313,000

$448,000

2020

$4,240 (+8.1%)

$90,000 + $269,000

$359,000

2019

$3,922 (−8.8%)

$90,000 + $249,000

$339,000

2018

$4,300 (+10.5%)

$90,000 + $249,000

$339,000

2017

$3,890 (+2.9%)

$82,000 + $219,000

$301,000

2016

$3,781 (+2.1%)

$75,000 + $197,000

$272,000

2015

$3,704 (+13.9%)

$72,000 + $181,000

$253,000

2014

$3,252 (−3.8%)

$72,000 + $182,000

$254,000

2013

$3,380 (−1.7%)

$72,000 + $129,000

$201,000

2012

$3,439 (+16.7%)

$72,000 + $132,000

$204,000

2011

$2,947 (+0.2%)

$76,000 + $148,000

$224,000

2010

$2,942 (−4.4%)

$76,000 + $155,000

$231,000

2009

$3,078

$76,000 + $202,000

$278,000

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

Property details

Interior

Bathroom Information
# of Full 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: Good
Building Construction Quality: Good
Building Type: Single Family

Property Information
Subdivision Name: WEST CAMPUS DIV 01
Living Sq. Ft: 1,650
Ground Floor Sq. Ft: 1,650
Building Sq. Ft: 2,050
# of Stories: 1
Legal Description: WEST CAMPUS DIV 1 PLAT BLOCK: PLAT LOT: 145

Parking & Garage Information
Parking Type: Attached Garage
Garage/Parking Sq. Ft: 400
Garage / Carport Type: Attached

Lot Information
# of Buildings: 1
Land Sq. Ft: 8,609
Legal Lot Number: 145
School Tax District: FEDERAL WAY #210
Municipality Name: FEDERAL WAY
Acres: 0.1976
Zoning Code: RS7.2
County Use Description: SINGLE FAMILY(RES USE/ZONE)

Utility Information
Sewer Type: Public
Water Service Type: Public

Financial

Assessor Information
Assessment Year: 2025

Public facts

Beds: 3
Baths: 2.0
Sq. Ft.: 1,650
Stories: 1.0
Lot Size: 8,609 square feet
Style: Single Family Residential
Year Built: 1978
Year Renovated: —
County: King County
APN: 926490 1450

Home facts updated by county records on Sep 4, 2026

Around this home

Schools

Panther Lake Elementary School

Public PreK-5 • Assigned • 1.3mi

2/10

Illahee Middle School

Public 5-8 • Assigned • 2.4mi

4/10

Todd Beamer High School

Public 9-12 • Assigned • 2.6mi

3/10

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...
1 week 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!
2 weeks 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, 15 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

7/10 Air Factor

10 unhealthy days expected this year, 11 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

$487,000 – $590,000

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Nearby similar homes

$425,000

3 beds2.5 baths1,390 sq ft

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Listing provided by NWMLS as Distributed by MLS Grid

NEW CONSTRUCTION3D WALKTHROUGH

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7,425 sq ft lot

Listing provided by NWMLS as Distributed by MLS Grid

New listings for sale in 98023

OPEN SUN, 1PM TO 3PM

$274,995

3 beds1.5 baths1,017 sq ft

4601 SW 320th St, Federal Way, WA 98023

Extra storage • Quiet greenspace • Outdoor pool

Listing provided by NWMLS as Distributed by MLS Grid

$860,000

4 beds2.5 baths3,000 sq ft

35402 7th Ave SW, Federal Way, WA 98023

Private office • Gas fireplace • Chef's kitchen

Listing provided by NWMLS as Distributed by MLS Grid

OPEN SAT, 12PM TO 4PM

$675,000

3 beds2.5 baths2,010 sq ft

4123 SW 322nd St, Federal Way, WA 98023

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Listing provided by NWMLS as Distributed by MLS Grid

OPEN SAT, 10AM TO 12PM

$498,500

3 beds2 baths940 sq ft

33215 36th Ave SW, Federal Way, WA 98023

Cedar siding • Vinyl windows • Built-in shelving

Listing provided by NWMLS as Distributed by MLS Grid

OPEN SUN, 4PM TO 6PM

$789,360

2 beds2 baths1,420 sq ft

31204 8th Ave SW, Federal Way, WA 98023

Lakefront living • Gated entry • Waterfront escape

Listing provided by NWMLS as Distributed by MLS Grid

OPEN SAT, 10AM TO 1PMVIDEO TOUR

$625,000

3 beds3 baths1,820 sq ft

4232 SW 328th Ct, Federal Way, WA 98023

Private lot • Quiet cul-de-sac • Modern updates

Listing provided by NWMLS as Distributed by MLS Grid

FOR SALE BY OWNER

$649,000

4 beds2 baths1,760 sq ft

35803 18th Ave SW, Federal Way, WA 98023

Built 1993 • Listed 4 days

OPEN SAT, 12PM TO 2PM

$648,000

4 beds2.5 baths2,383 sq ft

34113 13th Pl SW, Federal Way, WA 98023

6,310 sq ft lot • Garage • Built 2005

Listing provided by NWMLS as Distributed by MLS Grid

$600,000

4 beds2.5 baths2,220 sq ft

2232 SW 307th St, Federal Way, WA 98023

Cozy fireplaces • Spacious deck • 9,680 sq ft lot

Listing provided by NWMLS as Distributed by MLS Grid

Home values near 32240 3rd Ave SW

Data from public records.

Address	Redfin Estimate
32223 3rd Ave SW, Federal Way, WA 4 Beds \| 2.5 Baths \| 2150 Sq. Ft.	$615,913
32408 3rd Ave SW, Federal Way, WA 3 Beds \| 2.5 Baths \| 1500 Sq. Ft.	$587,846

Address	Redfin Estimate
32218 3rd Ave SW, Federal Way, WA 4 Beds \| 3 Baths \| - Sq. Ft.	$650,597
32402 3rd Ave SW, Federal Way, WA 5 Beds \| 2 Baths \| 2210 Sq. Ft.	$620,520

Address	Redfin Estimate
32224 3rd Ave SW, Federal Way, WA 4 Beds \| 2.5 Baths \| 2450 Sq. Ft.	$661,063
32419 3rd Ave SW, Federal Way, WA 3 Beds \| 2.5 Baths \| 2450 Sq. Ft.	$533,406

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About this home

Redfin Estimate

Earn from this home

Market trends in 98023, WA

Sale history for 32240 3rd Ave SW

Tax history for 32240 3rd Ave SW

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 32240 3rd Ave SW

More real estate resources