NOT LISTED FOR SALE

31405 32nd Ave SW Federal Way, WA 98023

Twin Lakes Neighborhood

Estimated Value: $543,889 - $568,000

3 Beds
2 Baths
1,460 Sq Ft
$382/Sq Ft Est. Value

Last Sold July 09, 2015

Last sale price $258,000 $177 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $3,479/month

2 Days on Market

Highlights

  • RV Access or Parking
  • 2 Fireplaces
  • Patio
  • Deck
  • Attached Garage
  • High Speed Internet

About This Home

As of July 2015

Lovingly cared, well maintained, updated and move in ready home located in the popular Twin Lakes. Upper level includes 3 bedrooms and 2 baths, kitchen with granite counter and back splash, dinning, and deck. Daylight lower level features a additional family room along with wet bar, 3/4th bathroom and laundry room. Large fully fenced and leveled back yard with RV parking and a tools shed. All updates done within 5 years

Last Agent to Sell the Property

Raghu Kethineni

WeLakeside License #105715 Listed on: 06/04/2015

WeLakeside

Last Buyer's Agent

Bill Albright

Coldwell Banker Bain License #98319

Coldwell Banker Bain

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM796155

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,750

Year Built

  • Built in 1977

Lot Details

  • Property is Fully Fenced
  • Level Lot

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 2 Bathrooms
  • 2 Fireplaces
  • Finished Basement
  • Natural lighting in basement

Kitchen

  • Oven or Range
  • <<microwave>>
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Laundry

  • Dryer
  • Washer

Parking

  • Attached Garage
  • RV Access or Parking

Outdoor Features

  • Deck
  • Patio

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Twin Lakes Community

Listing and Financial Details

  • Assessor Parcel Number 4388000080

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,750

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 14 - Split Entry
  • Building Information: Built On Lot
  • Year Built: 1977
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Floor Covering: Laminate, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 3.00
  • Bathrooms: 2.50
  • Bathrooms Main: Lower
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms Lower: 1
  • Master Bedroom: Upper
  • Fireplaces: 2
  • Fireplaces Lower: 1
  • Basement: Daylight, Fully Finished
  • Dining Room: Upper
  • Family Room: Upper
  • Kitchen: Upper
  • Estimated Sq Ft: 1460
  • Square Footage Finished: 1460

Exterior Features

  • Exterior: Wood, Wood Products
  • Foundation: Poured Concrete
  • Roof: Composition

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 2

Utilities

  • Heating And Cooling: Forced Air
  • Power Company: PSE
  • Sewer: Sewer Connected
  • Sewer Company: Lakehaven Utility
  • Water Company: Lakehaven Utility
  • Water Heater: Garage-Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Twin Lakes
  • Project: Lochaven Division No. 1

Schools

  • School District: FED

Lot Info

  • Lot Number: 8
  • Lot Details: Curbs, Paved Street, Sidewalk
  • Lot Sq Ft: 6564
  • Lot Topography Vegetation: Level, Partial Slope
  • Parcel Number: 4388000080
  • Zoning Jurisdiction: City
  • Lot Topography: Level, Partial Slope

Tax Info

  • Tax Amount: 2781

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 16, 2017
Sold by
Licona Edson J
Bought by
Licona Edson J and Licona Tara A
Current Estimated Value
$558,222

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,435
Outstanding Balance
$232,093
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$322,781

Purchase Details

Listed on
Jun 4, 2015
Closed on
Jul 7, 2015
Sold by
Ingram Tara A
Bought by
Licona Edson J
Seller's Agent
Raghu Kethineni
WeLakeside
Buyer's Agent
Bill Albright
Coldwell Banker Bain
List Price
$249,950
Sold Price
$258,000
Premium/Discount to List
$8,050
3.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.93%
Original Mortgage
$245,100
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 4, 2015
Closed on
Jul 6, 2015
Sold by
Vora Mukesh C and Vora Pratiti M
Bought by
Licona Edson J
Seller's Agent
Raghu Kethineni
WeLakeside
Buyer's Agent
Bill Albright
Coldwell Banker Bain
List Price
$249,950
Sold Price
$258,000
Premium/Discount to List
$8,050
3.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,100
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 15, 2002
Sold by
Dhru Dhaval
Bought by
Vora Muikesh C and Vore Pratiti M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.59%

Purchase Details

Closed on
Jan 22, 1992
Sold by
Charlebois Ronald G
Bought by
Vora Mukesh C and Pratiti M+Dhru
Source: Public Records

Range of Values:

Collateral Analytics

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Licona Edson J -- Rainier Title
Licona Edson J -- Chicago Title
Licona Edson J $258,000 Chicago Title
Vora Muikesh C -- First American
Vora Mukesh C $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Licona Edson J $272,435
Closed Licona Edson J $245,100
Previous Owner Vora Mukesh C $260,000
Previous Owner Vora Mukesh C $50,000
Previous Owner Vora Mukesh C $20,000
Previous Owner Vora Muikesh C $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2015 07/09/15 Sold $258,000 +3.2% $177 / Sq Ft
06/07/2015 06/07/15 Pending -- -- --
06/04/2015 06/04/15 For Sale $249,950 -- $171 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,750 $469,000 $198,000 $271,000
2023 $4,701 $425,000 $179,000 $246,000
2022 $4,242 $462,000 $163,000 $299,000
2021 $3,608 $371,000 $130,000 $241,000
2020 $3,412 $295,000 $111,000 $184,000
2018 $3,394 $271,000 $89,000 $182,000
2017 $3,083 $236,000 $81,000 $155,000
2016 $2,996 $214,000 $74,000 $140,000
2015 $2,782 $199,000 $71,000 $128,000
2014 -- $189,000 $71,000 $118,000
2013 -- $159,000 $73,000 $86,000
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2015

    Raghu Kethineni

    WeLakeside

    (425) 444-7700

    20 Total Sales

    Raghu Kethineni
    Section Image
  • Bill Albright

    Buyer's Agent in 2015

    Bill Albright

    Coldwell Banker Bain

    (206) 276-1395

    1 in this area

    28 Total Sales

    Bill Albright
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM796155

Northwest Multiple Listing Service (NWMLS)

APN: 438800-0080

Washington King County Federal Way 98023 Twin Lakes

31405 32nd Ave SW, Federal Way, WA

This home is located at 31405 32nd Ave SW, Federal Way, WA 98023 since 04 June 2015 and is currently estimated at $558,222, approximately $382 per square foot. This property was built in 1977. 31405 32nd Ave SW is a home located in King County with nearby schools including Twin Lakes Elementary School, Lakota Middle School, and Decatur High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) 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. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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