NOT LISTED FOR SALE

32215 40th Place SW Federal Way, WA 98023

Twin Lakes Neighborhood

Estimated Value: $700,059 - $778,000

3 Beds
1 Bath
2,110 Sq Ft
$350/Sq Ft Est. Value

Last Sold October 30, 2019

Last sale price $515,000 $244 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $4,706/month

15 Days on Market

Highlights

  • Golf Course Community
  • Fruit Trees
  • Deck
  • Lake View
  • Clubhouse
  • Wood Flooring

About This Home

As of October 2019

Rare,3 bdrm/2 bathroom, waterfront rambler in Twin Lakes on peaceful Lake Lorene. First time on market. Beautiful lake views from open concept kitchen/family room w/gas stove fireplace.Pristine home features vaulted ceilings,large windows,skylights,master w/ private bathroom and walk in closet,Dining room with bay window. Enjoy large entertaining deck ,fully fenced private yard w/ plush garden and fruit trees. Minimal dues, plus opportunity to join TL Golf and Country club. Paddleboard anyone?

Last Listed By

Kathy Filbert

RSVP Brokers ERA License #112623 Listed on: 09/11/2019

RSVP Brokers ERA

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1517173

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,877

Year Built

  • Built in 1978

Lot Details

  • Property is Fully Fenced
  • Level Lot
  • Fruit Trees
  • Garden

Parking

  • Attached Garage

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1 Bathroom
  • 2 Fireplaces
  • Lake Views

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate
  • Slate Flooring
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Utilities

  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 8731960790

Community Details

Overview

  • Twin Lakes Community
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,877

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 10 - 1 Story
  • Building Information: Built On Lot
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Dbl Pane/Storm Windw, Dining Room, Skylights, Vaulted Ceilings
  • Floor Covering: Ceramic Tile, Hardwood, Laminate, Slate, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 3
  • Bathrooms: 1.75
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • 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: 2110
  • Square Footage Finished: 2110

Exterior Features

  • Exterior: Brick, Wood
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Lake
  • Waterfront: Lake, No Bank
  • Waterfront Frontage: 31

Garage/Parking

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

Utilities

  • Heating And Cooling: Forced Air
  • Sewer: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 33
  • Community Name: Twin Lakes
  • Community Features: CCRs, Clubhouse, Golf Course, Tennis Courts

Schools

  • School District: FED

Lot Info

  • Lot Details: Curbs, Paved Street, Sidewalk
  • Lot Sq Ft: 9600
  • Lot Topography Vegetation: Fruit Trees, Garden Space, Level
  • Parcel Number: 8731960790
  • Zoning Jurisdiction: City
  • Lot Topography: Fruit Trees, Garden Space, Level

Tax Info

  • Tax Amount: 5931

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2019
Closed on
Oct 28, 2019
Sold by
Buerger Marianne and Otto And Marianne Buerger Trus
Bought by
Meeker Daniel A and Meeker Michelle D
Seller's Agent
Kathy Filbert
RSVP Brokers ERA
Buyer's Agent
Trisha Harrington
Allegiant Properties NW
List Price
$525,000
Sold Price
$515,000
Premium/Discount to List
-$10,000
-1.9%
Total Days on Market
15
Current Estimated Value
$738,515

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,515
Avg. Annual Appreciation
6.69%
Original Mortgage
$410,000
Outstanding Balance
$365,238
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$373,277

Purchase Details

Closed on
Dec 22, 1999
Sold by
Buerger Otto and Buerger Marianne
Bought by
Buerger Otto and Buerger Marianne

Range of Values:

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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
Meeker Daniel A $515,000 Fidelity National Title
Buerger Otto -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meeker Ndaniel A $63,000
Open Meeker Daniel A $410,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2019 10/30/19 Sold $515,000 -1.9% $244 / Sq Ft
09/26/2019 09/26/19 Pending -- -- --
09/11/2019 09/11/19 For Sale $525,000 -- $249 / 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 $6,877 $697,000 $253,000 $444,000
2023 $5,495 $631,000 $228,000 $403,000
2022 $5,087 $558,000 $208,000 $350,000
2021 $5,199 $448,000 $166,000 $282,000
2020 $5,511 $431,000 $158,000 $273,000
2018 $5,931 $480,000 $126,000 $354,000
2017 $5,368 $418,000 $115,000 $303,000
2016 $4,771 $378,000 $105,000 $273,000
2015 $4,428 $321,000 $100,000 $221,000
2014 -- $305,000 $100,000 $205,000
2013 -- $307,000 $105,000 $202,000
Source: Public Records

Agents Affiliated with this Home

  • Kathy Filbert

    Seller's Agent in 2019

    Kathy Filbert

    Steven M Kloetsch

    (206) 940-3346

    12 in this area

    52 Total Sales

    Kathy Filbert
    Section Image
  • Trisha Harrington

    Buyer's Agent in 2019

    Trisha Harrington

    Allegiant Properties NW

    (253) 217-8246

    1 in this area

    50 Total Sales

    Trisha Harrington
    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1517173

Northwest Multiple Listing Service (NWMLS)

APN: 873196-0790

Washington King County Federal Way 98023 Twin Lakes

32215 40th Place SW, Federal Way, WA

Homes for Sale in Federal Way, WA

This home is located at 32215 40th Place SW, Federal Way, WA 98023 since 11 September 2019 and is currently estimated at $738,515, approximately $350 per square foot. This property was built in 1978. 32215 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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