32205 40th Place SW Federal Way, WA 98023
Twin Lakes NeighborhoodEstimated Value: $817,000 - $872,000
4
Beds
3
Baths
2,410
Sq Ft
$352/Sq Ft
Est. Value
About This Home
This home is located at 32205 40th Place SW, Federal Way, WA 98023 and is currently estimated at $848,446, approximately $352 per square foot. 32205 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.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 5, 2025
Sold by
Salyer Stephen Loyce and Salyer Linda Howard
Bought by
Salyer Revocable Living Trust and Salyer
Current Estimated Value
Purchase Details
Closed on
Jun 9, 2022
Sold by
Darcey Gary A and Darcey Flora G
Bought by
Salver Stephen L and Salyer Linda H
Purchase Details
Closed on
Apr 25, 2008
Sold by
Flake Clovis G
Bought by
Darcey Gary A and Blattner Flora G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 11, 2002
Sold by
Flake Clovis G
Bought by
Flake Clovis G
Purchase Details
Closed on
May 8, 1987
Sold by
St John Charles R & Etta E
Bought by
Flake Thomas J and Flake Clovis G
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Salyer Revocable Living Trust | $313 | None Listed On Document | |
| Salver Stephen L | $900,000 | None Listed On Document | |
| Darcey Gary A | $425,000 | Commonwealth L | |
| Flake Clovis G | -- | -- | |
| Flake Thomas J | $142,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Darcey Garya | $316,000 | |
| Previous Owner | Darcey Gary A | $325,000 |
Source: Public Records
Tax History Compared to Growth
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 | $7,983 | $814,000 | $253,000 | $561,000 |
| 2023 | $6,389 | $737,000 | $228,000 | $509,000 |
| 2022 | $5,910 | $652,000 | $208,000 | $444,000 |
| 2021 | $6,158 | $523,000 | $166,000 | $357,000 |
| 2020 | $5,849 | $513,000 | $158,000 | $355,000 |
| 2018 | $6,293 | $510,000 | $126,000 | $384,000 |
| 2017 | $5,702 | $444,000 | $115,000 | $329,000 |
| 2016 | $5,062 | $402,000 | $105,000 | $297,000 |
| 2015 | $4,698 | $341,000 | $100,000 | $241,000 |
| 2014 | -- | $324,000 | $100,000 | $224,000 |
| 2013 | -- | $323,000 | $105,000 | $218,000 |
Source: Public Records
Map
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