$700,000

32522 42nd Pl SW Federal Way, WA 98023

$8,313
Closing credit¹
3 beds
2 full
1,940 sqft
0.2 acres
$361 / sqft
House

Property details

About 32522 42nd Pl SW

Exceptionally well-maintained one-owner tri-level in highly desirable Twin Lakes Golf & Country Club community! Beautifully landscaped, 3 bed, 2.75 bath, 1,940 sq. ft. home features a fully remodeled kitchen & bathrooms, high-efficiency Lennox furnace & Rinnai tankless water heater. Enjoy Solatube skylights, California closets, gas fireplace, wood-burning stove, and serene territorial views of Lake Lorene. Upgrades include newer windows, entry doors, upgraded electrical panel w/ whole house surge protection & generator transfer switch. Huge 1,000 sf high-clearance clean dry crawl space offers exceptional storage or potential to expand living space. Garage includes overhead storage. One block from private park and paved walking path.

Highlights

HeatingHigh Efficiency, Forced Air
StatusActive
Size1,940 sqft
Lot size0.2443 Acres
Year built1980
ParkingDriveway, Attached Garage
MLS #2373874
Attached garage2 spaces
FireplaceGas, See Remarks, Wood Burning
ViewLake, Territorial

Summary

  • Full Bathrooms: 2
  • Appliances: Disposal
  • Basement: No
  • Flooring Type: Hardwood, Vinyl, Carpet
  • Interior: Bath Off Primary, Double Pane/Storm Window, Dining Room, Fireplace, Skylight(s), Water Heater
  • Fireplace: Gas, See Remarks, Wood Burning
  • Total Bedroom Count: 3
  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Driveway, Attached Garage
  • View: Lake, Territorial
  • Exterior: Wood
  • Heating: High Efficiency, Forced Air
  • Cooling: None
  • List Price: $700,000
  • Price/SqFt: $360
  • HOA Amount: $37
  • HOA Frequency: Monthly
  • Annual Tax Amount: $5,580
  • Tax Year: 2022
  • Lot: Corner Lot, Cul-De-Sac, Curbs, Dead End Street, Paved
  • Directions: West on SW 320th ST, Left on Hoyt Rd, Left on SW 326th ST, Left on 43rd PL SW, Left on 42nd PL SW
  • Year Built: 1980
  • Living Area: 1,940 SqFt
  • Lot Size: 0.2443 Acres
  • MLS Number: 2373874
  • MLS Name: NWMLS
  • Office Name: Skyline Properties, Inc.
  • Office Phone: (253) 604-6000
  • Listing Agent: Michael Boldes

IDX Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.

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. Properties displayed may be listed or sold by various participants in the MLS.

IDX The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest Multiple Listing Service IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2025 Northwest MLS. All rights reserved.

DMCA Notice

Disclaimer: Information contained in this listing has not been verified by Rocket Homes Real Estate, LLC and should be verified by the buyer. All information deemed reliable but not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. All properties are subject to prior sale, change or withdrawal. Neither broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Days on site is calculated from the listing date of the current listing and includes the sum of market time from prior listings for the same property uninterrupted by a sale or more than 60 days off-market. Time off market, including time when a sale is pending, temporarily off market, etc. is not included. NorthwestMLS
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/19/2025, 3:17:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front facade with asphalt driveway, a chimney, an attached garage, and a shingled roof

$700,000

32522 42nd Pl SW

$8,313

closing credit¹

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Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2022$567,000$5,580
2021$455,000$5,163
2020$396,000$4,789
2018$394,000$4,540
2017$343,000$4,885

History based on county public records data.

Nearby schools

5

Green Gables Elementary School

Public District KG-5

0.3 mi

32607 47th Ave SW

7

Twin Lakes Elementary School

Public District KG-5

0.4 mi

4400 SW 320th St

3

Brigadoon Elementary School

Public District KG-5

0.9 mi

3601 SW 336th St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $71,250. The majority of Federal Way, WA residents have income between $35k-100k annually. The majority of families are married, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

27%
<35k
37%
35k-100k
30%
100k-200k
6%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

31%
Single, No Kids
11%
Single, with Kids
35%
Married, No Kids
23%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

15%
<11 yrs old
9%
12-17 yrs old
18%
18-34 yrs old
44%
35-64 yrs old
14%
65+ yrs old

What do the neighbors do for fun?

  • Symphony or OperaSymphony or Opera
  • Hiking/backpackingHiking/backpacking
  • Minor League Baseball GamesMinor League Baseball Games

Where do the neighbors shop?

  • Chico'sChico's
  • Nordstrom RackNordstrom Rack
  • New York & CompanyNew York & Company

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • ChipotleChipotle
  • Chick-fil-AChick-fil-A

What do the neighbors drive?

  • VolvoVolvo
  • MazdaMazda
  • KiaKia

What do the neighbors listen to?

  • Talk/PersonalityTalk/Personality
  • RockRock
  • ClassicalClassical
All data provided by Home Junction and Claritas

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Frequently asked questions

About 32522 42nd Pl SW

The listing price of 32522 42nd Pl SW property is $700,000.

The property 32522 42nd Pl SW is a house located in Federal Way, Washington, 98023.

Active Listing: 32522 42nd Pl SW is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 32522 42nd Pl SW are: Green Gables Elementary School (GreatSchools Rating 5/10), Twin Lakes Elementary School (GreatSchools Rating 7/10), Brigadoon Elementary School (GreatSchools Rating 3/10), Meeker Middle School (GreatSchools Rating 4/10), Lakota Middle School (GreatSchools Rating 3/10), TAF Academy at Saghalie (GreatSchools Rating 2/10), Decatur High School (GreatSchools Rating 3/10), Federal Way Public Academy (GreatSchools Rating 10/10), Federal Way High School (GreatSchools Rating 3/10).

According to the records, the last property tax for 2022 is $5,580 (source: MLS/based on county public records data).

The property at 32522 42nd Pl SW has 3 bedrooms and 3 bathrooms.

The property 32522 42nd Pl SW is 1,940 SqFt (source: MLS/tax record).

The year of construction for 32522 42nd Pl SW is 1980.

This home is located at 32522 42nd Pl SW in Federal Way, WA and zip code 98023 in the Twin Lakes neighborhood. This 1,940 square foot home, which was built in 1980, sits on a 0.24 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 18, 2025 and is currently priced at $700,000.

While more than 22 listings in Federal Way, WA in April 2025 were sold above asking price, there were more than 23 listings sold at asking price, and more than 22 were sold below. The inventory of homes for sale in Federal Way, WA between March and April 2025 increased by 7.2%. Listings spent 43 days on the market in April 2025, and had a median list price of $600,036 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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