NOT LISTED FOR SALE

32220 23rd Ave SW Federal Way, WA 98023

Twin Lakes Neighborhood

Estimated Value: $625,362 - $671,000

3 Beds
3 Baths
2,110 Sq Ft
$305/Sq Ft Est. Value

Last Sold July 14, 2022

Last sale price $620,000 $294 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $4,075/month

About This Home

As of July 2022

This home is located at 32220 23rd Ave SW, Federal Way, WA 98023 and is currently estimated at $644,091, approximately $305 per square foot. 32220 23rd Ave SW is a home located in King County with nearby schools including Olympic View Elementary School, Saghalie Middle School, and Decatur High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2022
Closed on
Jul 7, 2022
Sold by
Danielle Estep
Bought by
Bowell Robert Carver
Seller's Agent
Elliott Franklin
Engel & Voelkers Seattle DT
Buyer's Agent
Tony Truong
Specialty Real Estate Group
List Price
$610,000
Sold Price
$620,000
Premium/Discount to List
$10,000
1.64%
Current Estimated Value
$644,091

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,091
Avg. Annual Appreciation
1.34%
Original Mortgage
$642,320
Outstanding Balance
$615,495
Interest Rate
5.09%
Mortgage Type
Credit Line Revolving
Estimated Equity
$28,596

Purchase Details

Listed on
Oct 19, 2017
Closed on
Jan 25, 2018
Sold by
Ystad Neil A
Bought by
Estep Danielle D and Estep Chery
Seller's Agent
Martin McClendon
HomeSmart One Realty
Buyer's Agent
Isaac Hobbs
Better Properties UP/Fircrest
List Price
$369,975
Sold Price
$370,000
Premium/Discount to List
$25
0.007%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.30%
Original Mortgage
$357,651
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 19, 2011
Sold by
Walls Thomas J and Walls Mary L
Bought by
Ystad Neil A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,992
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 9, 1993
Sold by
Banish Bernard T and Banish Anna S
Bought by
Walls Thomas J and Walls Mary L

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Bowell Robert Carver $620,000 Stewart Title
Estep Danielle D -- First American Title
Ystad Neil A $237,000 First American Title Ins Co
Walls Thomas J $140,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bowell Robert Carver $642,320
Previous Owner Estep Cheryl $378,000
Previous Owner Estep Cheryl $359,200
Previous Owner Estep Danielle D $357,651
Previous Owner Ystad Neil A $215,028
Previous Owner Ystad Neil A $230,992
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2022 07/14/22 Sold $620,000 +3.3% $294 / Sq Ft
06/14/2022 06/14/22 Pending -- -- --
06/10/2022 06/10/22 Price Changed $599,999 -1.6% $284 / Sq Ft
05/25/2022 05/25/22 For Sale $610,000 +64.9% $289 / Sq Ft
02/01/2018 02/01/18 Sold $370,000 0.0% $175 / Sq Ft
12/06/2017 12/06/17 Price Changed $369,975 +1.4% $175 / Sq Ft
12/05/2017 12/05/17 Pending -- -- --
11/30/2017 11/30/17 Price Changed $365,000 -1.3% $173 / Sq Ft
11/13/2017 11/13/17 For Sale $369,975 0.0% $175 / Sq Ft
11/08/2017 11/08/17 Pending -- -- --
10/19/2017 10/19/17 For Sale $369,975 -- $175 / Sq Ft

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 $5,635 $561,000 $216,000 $345,000
2023 $5,438 $508,000 $195,000 $313,000
2022 $5,010 $552,000 $178,000 $374,000
2021 $4,895 $441,000 $142,000 $299,000
2020 $4,648 $405,000 $117,000 $288,000
2018 $4,620 $372,000 $94,000 $278,000
2017 $4,184 $324,000 $86,000 $238,000
2016 $4,058 $293,000 $79,000 $214,000
2015 $3,761 $272,000 $76,000 $196,000
2014 -- $258,000 $76,000 $182,000
2013 -- $195,000 $89,000 $106,000
Source: Public Records

Agents Affiliated with this Home

  • Elliott Franklin

    Seller's Agent in 2022

    Elliott Franklin

    Engel & Voelkers Seattle DT

    (206) 915-6350

    1 in this area

    78 Total Sales

    Elliott Franklin
    Section Image
  • Karen Abbey

    Seller Co-Listing Agent in 2022

    Karen Abbey

    Engel & Voelkers Seattle DT

    (206) 409-7415

    1 in this area

    86 Total Sales

    Karen Abbey
    Section Image
  • Tony Truong

    Buyer's Agent in 2022

    Tony Truong

    Specialty Real Estate Group

    (206) 915-5606

    1 in this area

    30 Total Sales

    Tony Truong
    Section Image
  • Martin McClendon

    Seller's Agent in 2018

    Martin McClendon

    HomeSmart One Realty

    (206) 818-4308

    Section Image
  • Isaac Hobbs

    Buyer's Agent in 2018

    Isaac Hobbs

    Better Properties UP/Fircrest

    Section Image
See All Agents

Map

Washington King County Federal Way 98023 Twin Lakes

32220 23rd Ave SW, Federal Way, WA

Homes for Sale in Federal Way, WA

This home is located at 32220 23rd Ave SW, Federal Way, WA 98023 and is currently estimated at $644,091, approximately $305 per square foot. 32220 23rd Ave SW is a home located in King County with nearby schools including Olympic View Elementary School, Saghalie 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.

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