Beautifully maintained 3 bedroom rambler in the heart of Twin Lakes. Home features: real hardwood floors, vaulted ceilings, kitchen with quartz counters, central A/C, double pane vinyl windows, hall bath and primary bathrooms with updated countertops and new vinyl plank flooring, slider off kitchen leads to wrap around deck and fully fenced yard. Large 2 car garage with extra storage. New gas furnace was installed 12/21. All on an oversized corner lot with well manicured landscaping. Community features a PGA rated golf course, parks by the water and security patrols. Optional club membership includes: Pool, tennis, golf & clubhouse. Great Federal Way location close to Freeways, upcoming lightrail, shopping, and more!
Last Agent to Sell the Property
Hilary Holmes
COMPASSLicense #26755Listed on: 02/24/2022
Last Buyer's Agent
Jasen Oda
RedfinLicense #122910
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 1891013
Home Details
Home Type
Single Family
Est. Annual Taxes
$4,719
Year Built
Built in 1974
Lot Details
9,000 Sq Ft Lot
West Facing Home
Property is Fully Fenced
Corner Lot
Level Lot
Sprinkler System
Garden
HOA Fees
$33 Monthly HOA Fees
Parking
2 Car Attached Garage
Home Design
Poured Concrete
Composition Roof
Wood Siding
Cement Board or Planked
Interior Spaces
1,640 Sq Ft Home
1-Story Property
Vaulted Ceiling
Ceiling Fan
1 Fireplace
Dining Room
Territorial Views
Storm Windows
Kitchen
Oven or Range
Stove
Microwave
Dishwasher
Disposal
Flooring
Wood
Vinyl Plank
Bedrooms and Bathrooms
3 Main Level Bedrooms
2 Full Bathrooms
Laundry
Dryer
Washer
Outdoor Features
Deck
Utilities
Central Air
Water Heater
High Speed Internet
Cable TV Available
Listing and Financial Details
Assessor Parcel Number 8731982090
Community Details
Overview
Twin Lakes HOA
Secondary HOA Phone (253) 838-0464
Twin Lakes Subdivision
The community has rules related to covenants, conditions, and restrictions
Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Electricity Available, Natural Gas Connected, Common Area Maintenance
HeatingCoolingType: Central A/C,Forced Air,Hot Water Recirc Pump,Insert
PowerCompany: PSE
SewerCompany: Lakehaven
WaterCompany: TPU
WaterHeaterLocation: Garage
WaterHeaterType: Gas
InternetConnected: Xfinity
Condo/Co-op/Association
Community Features: CCRs, Park, Playground
Senior Community: No
Association Fee: 33
Association Fee Frequency: Monthly
Phone: 253-838-0464
Association: Yes
AssociationContactName: Twin Lakes HOA
Schools
Junior High Dist: Federal Way
High School: Buyer To Verify
Middle Or Junior School: Buyer To Verify
Lot Info
Parcel Number: 8731982090
Topography: Level,PartialSlope
Land Lease: No
Lot Size Acres: 0.2066
Lot Size Sq Ft: 9000
Irrigation Water Rights: No
ResoLotSizeUnits: SquareFeet
ShowMapLink: true
SiteFeatures: Cable TV,Deck,Fenced-Fully,Gas Available,High Speed Internet,Sprinkler System
MLSLotSizeSource: Realist- Buyer to Verify
MLSSquareFootageSource: Realist- Buyer to Verify
ZoningJurisdiction: City
Green Features
Power Production Type: Electric, Natural Gas
Rental Info
Furnished: Unfurnished
ShortTermRentalYN: false
Tax Info
Year: 2021
Tax Annual Amount: 4719
Multi Family
EnergySource: Electric,Natural Gas
MLS Schools
Elementary School: Buyer To Verify
Ownership History
DateNameOwned ForOwner Type
Jul 2024 - PresentKarl Schneider And Jit Tan Trust and Schneider10 Months
Private Individual
Purchase Details
Closed on
Jul 25, 2024
Sold by
Schneider Karl and Tan Jit
Bought by
Karl Schneider And Jit Tan Trust and Schneider
Total Days on Market
3
Current Estimated Value
$641,227
Mar 2022 - Jul 2024Tan Jit C and Schneider Karl G2 Years and 4 Months
Private Individual
Purchase Details
Listed on
Feb 24, 2022
Closed on
Mar 15, 2022
Sold by
Donaldson Joseph C and Donaldson Julie A
Bought by
Tan Jit C and Schneider Karl G
Seller's Agent
Hilary Holmes
COMPASS
Buyer's Agent
Jasen Oda
Redfin
List Price
$575,000
Sold Price
$700,000
Premium/Discount to List
$125,000
21.74%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.08%
Original Mortgage
$504,000
Interest Rate
3.55%
Mortgage Type
New Conventional
Aug 2007 - Mar 2022Donaldson Joseph C and Donaldson Julie A14 Years and 7 Months
Private Individual
Purchase Details
Closed on
Aug 17, 2007
Sold by
Johnson William J and Johnson Linda M
Bought by
Donaldson Joseph C and Donaldson Julie A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,467
Interest Rate
6.74%
Mortgage Type
Stand Alone Second
Mar 2000 - Aug 2007Johnson William J and Johnson Linda M7 Years and 5 Months
Private Individual
Purchase Details
Closed on
Mar 7, 2000
Sold by
Rector Joann P and Rector Donald W
Bought by
Johnson William J and Johnson Linda M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
8.27%
May 1994 - Mar 2000Rector Donald W and Rector Joann P5 Years and 10 Months
Private Individual
Purchase Details
Closed on
May 13, 1994
Sold by
White Thomas M and White Nancy A
Bought by
Rector Donald W and Rector Joann P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
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Presale Opportunity! Secure your dream home & enjoy the flexibility to personalize your options. Welcome to Evelyn Heights by Sager Family Homes, a serene community nestled in a private neighborhood. The Camano plan seamlessly connects the living, dining, and kitchen areas-perfect for daily life and entertaining. Enjoy a stylish kitchen with ample cabinetry, a pantry, and an island with seating.
Experience the perfect blend of modern design and tranquil living with this rare new construction rambler by Sager Family Homes. Located in North Tacoma, this home backs to a peaceful greenbelt, offering a serene retreat while being just minutes from I-5, the Puget Sound, and nearby shopping, dining, and entertainment. Enjoy a thoughtfully designed open-concept living space perfect for relaxing
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Presale Opportunity! Secure your dream home & enjoy the flexibility to personalize your options. Welcome to your new home in Evelyn Heights community! The "Burrows" plan by Sager Homes combines comfort & style in an open-concept design. The spacious living & dining areas flow seamlessly into the kitchen which boasts quartz counters a large pantry & breakfast bar perfect for entertaining. The
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Average Value
Not Available
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
Karl Schneider And Jit Tan Trust
$313
None Listed On Document
Tan Jit C
$700,000
Fidelity National Title
Donaldson Joseph C
$325,000
First American
Johnson William J
$182,300
Washington Title
Rector Donald W
$148,000
Commonwealth Land Title Ins
Source: Public Records
Mortgage History
Date
Status
Borrower
Loan Amount
Previous Owner
Tan Jit C
$504,000
Previous Owner
Donaldson Joseph C
$235,594
Previous Owner
Donaldson Joseph C
$250,000
Previous Owner
Donaldson Joseph C
$32,467
Previous Owner
Donaldson Joseph C
$260,000
Previous Owner
Johnson William J
$100,000
Previous Owner
Johnson William J
$50,000
Previous Owner
Johnson William J
$130,000
Previous Owner
Rector Donald W
$80,000
Source: Public Records
Property History
Date
Event
Price
Change
Sq Ft Price
03/22/202203/22/22
Sold
$700,000
+21.7%
$427 / Sq Ft
02/27/202202/27/22
Pending
--
--
--
02/24/202202/24/22
For Sale
$575,000
--
$351 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)
Tax History Compared to Growth
Source: Public Records
Tax History
Year
Tax Paid
Tax AssessmentTax 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.
This home is located at 31624 40th Ave SW, Federal Way, WA 98023 since 24 February 2022 and is currently estimated at $641,227, approximately $390 per square foot. This property was built in 1974. 31624 40th 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.
