NOT LISTED FOR SALE

32004 40th Place SW Federal Way, WA 98023

Twin Lakes Neighborhood

Estimated Value: $855,000 - $902,000

5 Beds
2 Baths
3,570 Sq Ft
$247/Sq Ft Est. Value

Last Sold October 30, 2020

Last sale price $605,000 $169 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $5,496/month

69 Days on Market

Highlights

  • RV Access or Parking
  • 2 Fireplaces
  • Attached Garage
  • Golf Course View
  • Cul-De-Sac
  • Patio

About This Home

As of October 2020

Welcome to the coveted Twin Lakes country club community. This rarely available floorplan is perched perfectly above the street in a quiet cul-de-sac. Watch golfers tee off in front of you on the 2nd tee box as you entertain on your oversized patio. New flooring, paint, and 50 year roof. Venture to the Dash Point State Park just a few minutes away. HOA dues include social clubhouse membership for access to pool and restaurant. With space for everyone, this is the one you've been waiting for!

Last Listed By

Benjamin Uzhansky

COMPASS License #124402 Listed on: 07/15/2020

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1627893

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,775

Year Built

  • Built in 1967

Lot Details

  • Cul-De-Sac
  • Street terminates at a dead end
  • Partially Fenced Property
  • Level Lot
  • Sprinkler System
  • Garden

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Stone

Interior Spaces

  • 2 Bathrooms
  • 2 Fireplaces
  • Golf Course Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Laminate

Laundry

  • Dryer
  • Washer

Parking

  • Attached Garage
  • RV Access or Parking

Outdoor Features

  • Patio

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Twin Lakes Community

Listing and Financial Details

  • Assessor Parcel Number 8731902650

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,775

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 11 - 1 1/2 Story
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1967
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Ceiling Fan(s), Dbl Pane/Storm Windw, Dining Room, French Doors, Loft, Security System, Vaulted Ceilings, Walk In Pantry
  • Floor Covering: Laminate, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 5.00
  • Main Floor Bedrooms: 3
  • Bathrooms: 2.50
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 2
  • Main Level Full Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Master Bedroom: Main
  • Fireplaces: 2
  • Fireplaces Main: 2
  • Dining Room: Main
  • Family Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 3570
  • Square Footage Finished: 3570

Exterior Features

  • Exterior: Stone, Wood
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Golf Course

Garage/Parking

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

Utilities

  • Heating And Cooling: Forced Air
  • Sewer: Sewer Connected
  • Water Heater: Garage-Gas
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 113
  • Community Name: Twin Lakes

Schools

  • Elementary School: Twin Lakes Elem
  • Middle School: Lakota Mid Sch
  • High School: Decatur High
  • School District: FED

Lot Info

  • Lot Details: Cul-De-Sac, Dead End Street, Paved Street, Sidewalk
  • Lot Sq Ft: 9800
  • Lot Topography Vegetation: Garden Space, Level
  • Parcel Number: 8731902650
  • Zoning Jurisdiction: City
  • Lot Topography: Garden Space, Level

Tax Info

  • Tax Amount: 5802

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 27, 2024
Sold by
Sohn Lina H
Bought by
Bradford Rose S and Ingabo Travier Bradon
Total Days on Market
69
Current Estimated Value
$881,043

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$883,698
Outstanding Balance
$881,465
Interest Rate
6.89%
Mortgage Type
FHA
Estimated Equity
$20,422

Purchase Details

Listed on
Jul 15, 2020
Closed on
Oct 28, 2020
Sold by
Shepperd James M and Shepperd Living Trust
Bought by
Hyun Lina
Seller's Agent
Benjamin Uzhansky
COMPASS
Buyer's Agent
Victoria Harroun
Keller Williams Realty PS
List Price
$620,000
Sold Price
$605,000
Premium/Discount to List
-$15,000
-2.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.11%
Original Mortgage
$484,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 24, 2001
Sold by
Shepperd Rex J and Shepperd Patricia M
Bought by
Shepperd Rex J and Shepperd Patricia M

Purchase Details

Closed on
Apr 20, 1999
Sold by
Terkla Gloria L
Bought by
Shepperd Rex J and Shepperd Patricia M

Purchase Details

Closed on
Dec 21, 1993
Sold by
Wade Barbara J
Bought by
Terkla Robert S and Terkla Gloria L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,600
Interest Rate
7.09%

Range of Values:

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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
Bradford Rose S $900,000 Wfg National Title
Hyun Lina $605,000 First American
Shepperd Rex J -- --
Shepperd Rex J $249,500 Chicago Title Insurance Co
Terkla Robert S $178,482 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bradford Rose S $883,698
Previous Owner Hyun Lina $484,000
Previous Owner Terkla Robert S $160,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2020 10/30/20 Sold $605,000 -0.8% $169 / Sq Ft
09/22/2020 09/22/20 Pending -- -- --
08/23/2020 08/23/20 Price Changed $610,000 -1.6% $171 / Sq Ft
07/15/2020 07/15/20 For Sale $620,000 -- $174 / 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 $6,775 $671,000 $231,000 $440,000
2023 $6,638 $608,000 $209,000 $399,000
2022 $5,987 $660,000 $190,000 $470,000
2021 $6,100 $530,000 $152,000 $378,000
2020 $5,803 $508,000 $127,000 $381,000
2018 $5,777 $467,000 $101,000 $366,000
2017 $5,228 $407,000 $92,000 $315,000
2016 $5,076 $368,000 $84,000 $284,000
2015 $4,712 $342,000 $80,000 $262,000
2014 -- $325,000 $80,000 $245,000
2013 -- $230,000 $95,000 $135,000
Source: Public Records

Agents Affiliated with this Home

  • Benjamin Uzhansky

    Seller's Agent in 2020

    Benjamin Uzhansky

    Avenue Properties

    (425) 351-2720

    2 in this area

    31 Total Sales

    Benjamin Uzhansky
    Section Image
  • Victoria Harroun

    Buyer's Agent in 2020

    Victoria Harroun

    Keller Williams Realty PS

    (253) 906-0025

    3 in this area

    32 Total Sales

    Victoria Harroun
    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1627893

Northwest Multiple Listing Service (NWMLS)

APN: 873190-2650

Washington King County Federal Way 98023 Twin Lakes

32004 40th Place SW, Federal Way, WA

Homes for Sale in Federal Way, WA

This home is located at 32004 40th Place SW, Federal Way, WA 98023 since 15 July 2020 and is currently estimated at $881,043, approximately $246 per square foot. This property was built in 1967. 32004 40th Place 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) 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. ©2025 NWMLS.

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