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32723 42nd Avenue Southwest

32723 42nd Avenue Southwest, Federal Way, WA 98023
Property in King
Sold Sep 10, 2021
$499,950
$474,950 by Movement Mortgage
Mortgage Due Oct 01, 2051
Sold Sep 22, 1989
$106,000
32723 42nd Avenue Southwest in Federal Way, WA was first built in 1977 and is 47 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 32723 42nd Avenue Southwest has 1,550 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 10,400 square feet.

Learn more about the property and building on this page. There is a unknown. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a attached garage. The garage is 520 sqft. There are a total of 2 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of B. The condition of the building has been evaluated as average. As for heating, the home is utilizing a forced air unit and being fueled with electricity. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Sep 1, 2021 for $499,950. That's $241.52 per sqft. Prior to that sales transaction, the property was also sold in Sep 22, 1989 for $106,000. 32723 42nd Avenue Southwest was last assessed in 2023. The total value of the property was assessed at $460,000. Specifically, the land the property is located on was valued at $195,000. While improvements on the property were assessed at a total of $265,000. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $5,072. The initial tax year of delinquency was in 2019. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: B
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 520
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,400
  • Total Building Area: 2,070
  • Gross Building Area: 2,070
  • Building Area: 1,550
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,550
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: TWIN LAKES NO. 09
  • Land Acres: 0.239
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TWIN LAKES #9

Ownership

  • Current Owner : LAWTON KELLY
  • Current Owner 2: ABBOTT DAVIS ROBERT
  • Previous Owner : JONES LAUREL D
  • Owner Before Previous Owner: GURR STEVE M
  • Owner Before Previous Owner 2: GURR SHARON L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Federal Way School District
  • Census Tract: 030306

Zoning

  • Zoning: RS7.2

Geography

  • Account Number: 873203015003
  • District: FEDERAL WAY
  • Parcel: 873203-0150
  • Block: 2
  • Lot: 15
  • Meridian: SEC 14 TWN 21 RNG 03
  • Municipality: FEDERAL WAY
  • Latitude: 47.3093
  • Longitude: -122.387

    Address

  • Full Address: 32723 42nd Ave Sw
  • Address - House Number: 32723
  • Street Segment Direction: SW
  • Address - Street Name: 42nd
  • Address - Suffix Type: Ave
  • State: WA
  • City Name: Federal Way
  • Carrier Code: C056
  • 4-Digit Zip Code: 2608
  • Zip Code: 98023

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $5,072
  • Intital Tax Deliquent Year: 2019
  • Tax Rate Code Area: 1205

    Appraisal Valuation

  • Standard Deviation: 0.1473
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 82
  • Final Value: 532,220
  • High Value: 610,630
  • Low Value: 453,809

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $474,950
  • First Open Lien Mortgage Lender: MOVEMENT MORTGAGE
  • First Open Lien Mortgage Recording Date: Sep 10, 2021
  • First Open Lien Mortgage Loan Amount: $474,950
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2051

    Market Valuation

  • Market Total Value: $460,000
  • Market Land Value: $195,000
  • Market Improvement Value: $265,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $460,000
  • Assessed Land Value: $195,000
  • Assessed Improvements Value: $265,000

    Sales

  • Current Sale Contract Date: Sep 01, 2021
  • Current Sale Recording Date: Sep 10, 2021
  • Current Sale Transaction ID: 11855148728
  • Current Sale Price: $499,950
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20210910001942
  • Previous Sale Recording Date: Sep 22, 1989
  • Previous Sale Contract Date: Sep 22, 1989
  • Previous Sale Amount: $106,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MOVEMENT MORTGAGE
  • First Mortgage Transaction Date: Sep 10, 2021
  • First Mortgage Loan Amount: $474,950
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2051

About Federal Way



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Frequently Asked Questions

What neighborhood is 32723 42nd Avenue Southwest located in?
The 32723 42nd Avenue Southwest is a located in the neighborhood of King in Federal Way, Federal Way.
What is the average sales price for listings in 32723 42nd Avenue Southwest?
The average sales price for units in 32723 42nd Avenue Southwest is $0 currently.

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