Listed by Windermere Abode, Bought with eXp Realty
$600,000
SOLD JUN 23, 2025

33242 37th Ave SW Federal Way, WA 98023

Twin Lakes Neighborhood
3 Beds
3 Baths
1,740 Sq Ft
9,310 Sq Ft Lot

Recently Sold

$345 Per Sq Ft

3% Above List Price

1 Day on Market

Highlights

  • RV Access or Parking
  • Deck
  • 2 Fireplaces
  • Fruit Trees
  • Vaulted Ceiling
  • No HOA

About This Home

As of June 2025

PRIDE OF OWNERSHIP doesn’t even scratch the surface of this Twin Lakes area beauty! First time on the market in 41 years & every inch has been wonderfully maintained. From the remodeled kitchen with quartz countertops to the newer roof & paint, youll know this place was loved. Home features 3 bedrooms upstairs & a versatile lower level with an extra shower for endless possibilities. Walk outside to appreciate the manicured lawn, garden beds, concrete patio & huge backyard. This one simply checks all the boxes! Don’t miss the gas fireplaces, deck off the dining room slider, shed with power, drip system for flowers & blueberry+raspberry shrubs. Close to parks, golf courses & restaraunts. Welcome home! Inspection Report available upon request.

Last Agent to Sell the Property

Ryan Knicely

Windermere Abode License #116194 Listed on: 05/22/2025

Windermere Abode

Co-Listed By

Jessica Knicely

Windermere Abode License #105814

Last Buyer's Agent

Dwayne Alexander

eXp Realty License #125772

eXp Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2378904

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,273

Year Built

  • Built in 1977

Lot Details

  • 9,310 Sq Ft Lot
  • Lot Dimensions are 37x144x24x129x88
  • Cul-De-Sac
  • Northwest Facing Home
  • Property is Fully Fenced
  • Level Lot
  • Sprinkler System
  • Fruit Trees
  • Garden
  • Property is in good condition

Parking

  • 2 Car Attached Garage
  • RV Access or Parking

Home Design

  • Split Foyer
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 1,740 Sq Ft Home
  • Multi-Level Property
  • Vaulted Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Gas Fireplace
  • Dining Room

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Schools

  • Brigadoon Elementary School
  • Saghalie Jnr High Middle School
  • Decatur High School

Utilities

  • Forced Air Heating System
  • Heating System Mounted To A Wall or Window
  • Water Heater

Community Details

  • No Home Owners Association
  • Federal Way Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,273

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 14 - Split Entry
  • Year Built: 1977
  • Inclusions: Dishwasher(s),Dryer(s),Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: See Remarks
  • Unit Levels: Multi/Split
  • New Construction: No
  • CalculatedSquareFootage: 1740
  • SeniorExemption: false
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2378904?w=Consumer&agent=99763
  • Special Features: None
  • Cumulative Days on Market: 15

Interior Features

  • Fireplaces: 2
  • Basement: None
  • Appliances: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Split
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Vinyl, Carpet
  • Interior Amenities: Bath Off Primary, Ceiling Fan(s), Dining Room, Fireplace, Sprinkler System, Vaulted Ceiling(s), Walk-In Closet(s), Water Heater
  • Living Area: 1740
  • Bathrooms: 2.5
  • BathsFullMain: 0
  • SquareFootageFinished: 1740
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 1
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 1
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 1
  • BedroomsLower: 0
  • BedroomsUpper: 3
  • AppliancesIncluded: Dishwasher(s),Dryer(s),Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • FireplacesLower: 1
  • FireplacesUpper: 1
  • NWM_NumberOfBathtubs: 1
  • NWM_NumberOfShowers: 3

Exterior Features

  • Roof: Composition
  • Lot Features: Cul-De-Sac, Curbs, Paved
  • View: No
  • Waterfront: No
  • Construction Type: Wood
  • Direction Faces: Northwest
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: House
  • WaterfrontFootage: 0

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage, RV Parking
  • Total Parking Spaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: Fully Fenced
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Wall Unit(s)
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: Lakehaven
  • WaterCompany: Tacoma Public Utilities
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Gas

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Federal Way
  • High School: Decatur High
  • Middle Or Junior School: Saghalie Jnr High

Lot Info

  • Parcel Number: 1099611140
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 0.2137
  • Lot Size: 37x144x24x129x88
  • Lot Size Sq Ft: 9310
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Deck,Fenced-Fully,Patio,RV Parking,Shop,Sprinkler System
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • ShortTermRentalYN: false

Tax Info

  • Year: 2024
  • Tax Annual Amount: 5273

Multi Family

  • EnergySource: Electric,Natural Gas

MLS Schools

  • Elementary School: Brigadoon Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2025
Closed on
Jun 17, 2025
Sold by
Aikala Wallace C and Aikala Janet A
Bought by
Toms Ronnie and Barquet Dominique
Seller's Agent
Ryan Knicely
Windermere Abode
Buyer's Agent
Dwayne Alexander
eXp Realty
List Price
$580,000
Sold Price
$600,000
Premium/Discount to List
$20,000
3.45%
Views
25

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-18.16%
Original Mortgage
$135,635
Outstanding Balance
$135,635
Interest Rate
6.76%
Mortgage Type
FHA
Estimated Equity
$450,105

Purchase Details

Closed on
Mar 21, 1984
Sold by
Mcilvaine Neil G and Mcilvaine Sara D
Bought by
Aikala Wallace C and Aikala Janet A
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $600,000 Wfg National Title Company Of
Warranty Deed $69,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $135,635 FHA
Open $488,400 FHA
Previous Owner $25,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2025 06/23/25 Sold $600,000 +3.4% $345 / Sq Ft
05/23/2025 05/23/25 Pending -- -- --
05/22/2025 05/22/25 For Sale $580,000 -- $333 / 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 $5,324 $529,000 $167,000 $362,000
2023 $5,273 $479,000 $151,000 $328,000
2022 $4,747 $520,000 $138,000 $382,000
2021 $4,053 $417,000 $110,000 $307,000
2020 $3,844 $333,000 $90,000 $243,000
2018 $3,826 $306,000 $72,000 $234,000
2017 $3,473 $267,000 $66,000 $201,000
2016 $3,374 $242,000 $60,000 $182,000
2015 $3,137 $225,000 $58,000 $167,000
2014 -- $214,000 $58,000 $156,000
2013 -- $174,000 $73,000 $101,000
Source: Public Records

Agents Affiliated with this Home

  • Ryan Knicely

    Seller's Agent in 2025

    Ryan Knicely

    Windermere Abode

    (253) 343-4049

    2 in this area

    166 Total Sales

    Section Image
  • Jessica Knicely

    Seller Co-Listing Agent in 2025

    Jessica Knicely

    Windermere Abode

    (253) 820-8773

    1 in this area

    162 Total Sales

    Section Image
  • Dwayne Alexander

    Buyer's Agent in 2025

    Dwayne Alexander

    eXp Realty

    (206) 387-7361

    1 in this area

    24 Total Sales

    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2378904

Northwest Multiple Listing Service (NWMLS)

APN: 109961-1140

Washington King County Federal Way 98023 Twin Lakes

33242 37th Ave SW, Federal Way, WA

This home is located at 33242 37th Ave SW, Federal Way, WA 98023 and is currently priced at $600,000, approximately $344 per square foot. This property was built in 1977. 33242 37th Ave SW is a home located in King County with nearby schools including Brigadoon 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.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. 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. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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