NOT LISTED FOR SALE

33338 40th Ave SW Federal Way, WA 98023

Twin Lakes Neighborhood

Estimated Value: $522,192 - $625,000

3 Beds
2 Baths
1,390 Sq Ft
$405/Sq Ft Est. Value

Last Sold May 31, 2018

Last sale price $340,000 $245 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $3,387/month

6 Days on Market

Highlights

  • Craftsman Architecture
  • Territorial View
  • Attached Garage
  • Deck
  • 1 Fireplace
  • 5-minute walk to Wedgewood Park

About This Home

As of May 2018

Come see this charming colonial style home with a great curb appeal! This wonderful home boasts a cozy gas fireplace in the living room, newer paint and mill work. Upgraded kitchen with new quartz counter top, sink and faucet. Remodeled bathrooms with tile floors and quartz counter and mirror. Three spacious bedrooms include a master bedroom with custom finished closet. Finished and painted garage with shelving for storage. Large fully fenced yard and an expansive patio great for entertaining.

Last Agent to Sell the Property

Patricia Tabon

Better Properties NW License #114200 Listed on: 04/20/2018

Better Properties NW

Last Buyer's Agent

Nama Epistola

AgencyOne License #17534

AgencyOne

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1277754

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,000

Year Built

  • Built in 1980

Lot Details

  • Property is Fully Fenced
  • Level Lot

Parking

  • Attached Garage

Home Design

  • Craftsman Architecture
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1 Fireplace
  • Territorial Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Laminate

Outdoor Features

  • Deck

Community Details

  • Twin Lakes Community

Listing and Financial Details

  • Assessor Parcel Number 3279000360

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,000

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 12 - 2 Story
  • Architecture: Craftsman
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Ceiling Fan(s), Dining Room, Walk-In Closet
  • Floor Covering: Laminate, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Garbage Disposal, Microwave, Range/Oven, Refrigerator
  • Bedrooms: 3.00
  • Bathrooms: 1.50
  • Total Full Bathrooms: 1
  • Total Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Dining Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 1390
  • Square Footage Finished: 1390

Exterior Features

  • Exterior: Wood
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 1

Utilities

  • Heating And Cooling: Forced Air
  • Power Company: PSE
  • Sewer: Sewer Connected
  • Sewer Company: Lakehaven
  • Water Company: Tacoma Water
  • Water Heater: garage-gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Twin Lakes
  • Project: HighPoint Park Div 1

Schools

  • School District: FED

Lot Info

  • Lot Number: 36
  • Lot Details: Paved Street, Sidewalk
  • Lot Sq Ft: 7420
  • Lot Topography Vegetation: Level
  • Parcel Number: 3279000360
  • Zoning Jurisdiction: City
  • Lot Topography: Level

Tax Info

  • Tax Amount: 3222

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2018
Closed on
May 31, 2018
Sold by
Rivera Alberto L and Rivera Lolita G
Bought by
Devera Reynante C and Devera Maria Victoria
Seller's Agent
Patricia Tabon
Better Properties NW
Buyer's Agent
Nama Epistola
AgencyOne
List Price
$319,950
Sold Price
$340,000
Premium/Discount to List
$20,050
6.27%
Current Estimated Value
$562,298

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$222,298
Avg. Annual Appreciation
7.00%
Original Mortgage
$272,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 15, 2015
Closed on
May 19, 2015
Sold by
Johnson Kyle S and Johnson Aimee Danielle
Bought by
Rivera Alberto L and Rivera Lolita G
Seller's Agent
Kyle Fox
Windermere RE/Lake Tapps, Inc
Buyer's Agent
Patricia Tabon
Better Properties NW
List Price
$240,000
Sold Price
$240,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.31%
Original Mortgage
$192,000
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 31, 2010
Sold by
Newman Albert T
Bought by
Johnson Kyle S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,525
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 17, 2007
Sold by
Fuson Douglas and Fuson Joleen
Bought by
Newman Albert T and Thorpe Leah H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,400
Interest Rate
6.66%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 27, 2003
Sold by
Stanley Michael F
Bought by
Fuson Douglas and Fuson Joleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,900
Interest Rate
5.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 7, 1986
Sold by
Stanley Rochelle K
Bought by
Stanley Michael F
Source: Public Records

Range of Values:

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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
Devera Reynante C $340,000 Stewart Title
Rivera Alberto L $240,000 Rainier Title
Johnson Kyle S $185,000 Northpoint Esc
Newman Albert T $297,000 Rainier Title
Fuson Douglas $181,350 Stewart Title
Stanley Michael F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Devera Reynante C $272,000
Previous Owner Rivera Alberto L $192,000
Previous Owner Johnson Kyle S $178,525
Previous Owner Newman Albert T $59,400
Previous Owner Newman Albert T $237,600
Previous Owner Fuson Douglas $175,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2018 05/31/18 Sold $340,000 +3.0% $245 / Sq Ft
04/26/2018 04/26/18 Pending -- -- --
04/20/2018 04/20/18 Price Changed $329,950 +3.1% $237 / Sq Ft
04/20/2018 04/20/18 For Sale $319,950 +33.3% $230 / Sq Ft
06/01/2015 06/01/15 Sold $240,000 0.0% $173 / Sq Ft
04/17/2015 04/17/15 Pending -- -- --
04/15/2015 04/15/15 For Sale $240,000 -- $173 / 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 $5,000 $498,000 $167,000 $331,000
2023 $4,848 $451,000 $151,000 $300,000
2022 $4,483 $490,000 $138,000 $352,000
2021 $3,748 $393,000 $110,000 $283,000
2020 $3,552 $307,000 $90,000 $217,000
2018 $3,547 $283,000 $72,000 $211,000
2017 $3,222 $247,000 $66,000 $181,000
2016 $3,127 $224,000 $60,000 $164,000
2015 $2,909 $208,000 $58,000 $150,000
2014 -- $198,000 $58,000 $140,000
2013 -- $163,000 $73,000 $90,000
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2018

    Patricia Tabon

    Better Properties NW

    (253) 632-7371

    15 Total Sales

    Patricia Tabon
    Section Image

  • N

    Buyer's Agent in 2018

    Nama Epistola

    AgencyOne Realty

    (206) 280-3503

    3 Total Sales

    Nama Epistola
    Section Image
  • Kyle Fox

    Seller's Agent in 2015

    Kyle Fox

    Windermere Corporate

    (253) 777-9890

    2 in this area

    234 Total Sales

    Kyle Fox
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1277754

Northwest Multiple Listing Service (NWMLS)

APN: 327900-0360

Washington King County Federal Way 98023 Twin Lakes

33338 40th Ave SW, Federal Way, WA

This home is located at 33338 40th Ave SW, Federal Way, WA 98023 since 20 April 2018 and is currently estimated at $562,298, approximately $404 per square foot. This property was built in 1980. 33338 40th 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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