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32824 41st Way

Federal Way, WA 98001

5 bd 5 ba 3,592 sqft Built 2005 Lot 5,195 sqft single_family
Most recent sale
$688,000
Oct 21, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 21, 2022 Sold $688,000 MLS #1993614
Sep 23, 2022 Price changed $688,000 MLS #1993614
Sep 9, 2022 Listed $690,000 MLS #1993614
Aug 22, 2017 Sold $437,950 Public Record
Jul 14, 2017 Listing removed $449,950 NWMLS
Jul 7, 2017 Listed $449,950 MLS #1156011
Oct 6, 2015 Listing removed $357,200 NWMLS
Mar 21, 2006 Sold $393,445 Public Record
Sep 13, 2005 Listed $357,200 MLS #25137032

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $551,000 $176,000 $727,000 $7,086
2024 $541,000 $165,000 $706,000 $7,262
2023 $567,000 $153,000 $720,000 $7,036
2022 $442,000 $124,000 $566,000 $6,381
2021 $367,000 $110,000 $477,000 $5,737
2020 $367,000 $110,000 $477,000 $5,476
2019 $350,000 $110,000 $460,000 $5,012
2018 $326,000 $110,000 $436,000 $5,471
2017 $305,000 $80,000 $385,000 $4,685
2016 $249,000 $80,000 $329,000 $4,815
2015 $244,000 $80,000 $324,000 $4,428
2014 $225,000 $80,000 $305,000 $3,961
2013 $169,000 $77,000 $246,000 $3,961
2012 $163,000 $77,000 $240,000 $4,421
2011 $225,000 $109,000 $334,000 $4,352
2010 $234,000 $109,000 $343,000 $4,325
2009 $325,000 $109,000 $434,000 $4,756
2007 $291,000 $104,000 $395,000 $4,240

Property facts

Year built
2005
Property type
single_family
Stories
Beds
5
Baths
5
Living area
3,592 sqft
Lot size
5,195 sqft
ZIP code
98001
City
Federal Way
Street
41st Way
Coordinates
47.30731, -122.28257

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,128
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 32824 41st Way last sell?
32824 41st Way most recently sold on Oct 21, 2022 for $688,000.
What is the current tax assessment for 32824 41st Way?
The most recent total assessment for 32824 41st Way (year 2025) is $727,000 with $7,086 in property tax.
How does 32824 41st Way's assessment compare to its last sale price?
The current assessment is 5.7% above the last sale price of $688,000.
When was 32824 41st Way built?
32824 41st Way was built in 2005.
How does 32824 41st Way compare to others on 41st Way?
We track 2 other properties on 41st Way. Browse the list under "Other properties on 41st Way" to compare beds, baths, and sale history.
What are the property facts for 32824 41st Way?
32824 41st Way is a 5 bed, 5 bath, 3,592 sqft, 5,195 sqft lot single_family.
Is 32824 41st Way a flip candidate?
No — 32824 41st Way does not appear in our flips dataset.
Is 32824 41st Way a tax-appeal candidate?
No — 32824 41st Way is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.0%
Implied 1-yr
+4.1%
2026 Q3
$624.2K
2026 Q4
$630.2K
ZIP 98001 — Median Price History + Forecast

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