NOT LISTED FOR SALE

32523 40th Ct SW Federal Way, WA 98023

Twin Lakes Neighborhood

Estimated Value: $620,000 - $663,000

3 Beds
3 Baths
1,300 Sq Ft
$493/Sq Ft Est. Value

About This Home

This home is located at 32523 40th Ct SW, Federal Way, WA 98023 and is currently estimated at $641,545, approximately $493 per square foot. 32523 40th Ct SW is a home located in King County with nearby schools including Green Gables Elementary School, Lakota Middle School, and Decatur High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 21, 2015
Sold by
Cross Jason A and Streich Nikki M
Bought by
Cross Jason A and Cross Nikki Michelle
Current Estimated Value
$641,545

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,800
Outstanding Balance
$144,180
Interest Rate
3.86%
Mortgage Type
New Conventional
Estimated Equity
$498,378

Purchase Details

Closed on
Oct 26, 2005
Sold by
Muckel Rudolf L R and Muckel Patricia M
Bought by
Cross Jason A and Streich Nikki M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,600
Interest Rate
5.9%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 22, 1993
Sold by
Reams Wanda J
Bought by
Muckel Rudolf L R and Muckel Patricia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,487
Interest Rate
6.85%
Mortgage Type
Assumption

Purchase Details

Closed on
Nov 13, 1992
Sold by
Jeffcoat Donald L and Jeffcoat Peffy V
Bought by
Reams Robert E and Reams Wanda J

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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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
Cross Jason A -- Wfg National T
Cross Jason A $288,000 Stewart Title
Muckel Rudolf L R $142,500 Stewart Title
Reams Robert E $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cross Jason $117,884
Open Cross Jason A $232,800
Closed Cross Jason A $57,600
Closed Cross Jason A $57,600
Closed Cross Jason A $230,400
Previous Owner Muckel Rudolf L R $134,487
Source: Public Records

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 $5,680 $567,000 $224,000 $343,000
2023 $5,495 $514,000 $202,000 $312,000
2022 $5,087 $558,000 $184,000 $374,000
2021 $4,637 $448,000 $147,000 $301,000
2020 $4,404 $383,000 $128,000 $255,000
2018 $4,746 $382,000 $102,000 $280,000
2017 $4,295 $333,000 $93,000 $240,000
2016 $4,174 $301,000 $85,000 $216,000
2015 $3,875 $280,000 $81,000 $199,000
2014 -- $266,000 $81,000 $185,000
2013 -- $198,000 $89,000 $109,000
Source: Public Records

Map

Washington King County Federal Way 98023 Twin Lakes

32523 40th Ct SW, Federal Way, WA

Homes for Sale in Federal Way, WA

This home is located at 32523 40th Ct SW, Federal Way, WA 98023 and is currently estimated at $641,545, approximately $493 per square foot. 32523 40th Ct SW is a home located in King County with nearby schools including Green Gables 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.

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