20229 40th Ave E
Spanaway, WA 98387
- 4 Beds
- 2.5 Baths
- 2,076 sqft
4 Beds
2.5 Baths
2,076 sqft
Home Value
Trulia Estimate
$518KSince last month
Decreased$6K (-1.1%)Since last year
Decreased$3K (-0.6%)Since last sale
Increased$125K (+31.7%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +98% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $520K |
| July 2026 | $521K |
| June 2026 | $526K |
| May 2026 | $528K |
| April 2026 | $530K |
| March 2026 | $526K |
| February 2026 | $523K |
| January 2026 | $516K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.09 | Single-Family Home | $599,995 | 03/25/26 | 4 | 2.5 | 3,028 | |
0.14 | Single-Family Home | $460,000 | 06/29/26 | 3 | 2 | 1,581 | |
0.07 | Single-Family Home | $465,000 | 03/20/26 | 3 | 2 | 1,214 | |
0.27 | Single-Family Home | $419,950 | 01/29/26 | 3 | 2.5 | 1,956 | |
0.12 | Single-Family Home | $465,000 | 04/10/26 | 3 | 2 | 1,204 | |
0.28 | Single-Family Home | $500,000 | 10/28/25 | 3 | 2.5 | 1,659 | |
0.40 | Single-Family Home | $578,000 | 06/12/26 | 4 | 2.5 | 2,584 | |
0.43 | Single-Family Home | $498,000 | 07/23/26 | 3 | 2.5 | 2,126 | |
0.47 | Single-Family Home | $465,000 | 03/06/26 | 3 | 2.5 | 1,900 | |
0.41 | Single-Family Home | $620,000 | 06/15/26 | 4 | 2.5 | 2,981 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.03 | $447,900 | 3 | 2 | 1,214 | Off Market | |
0.04 | $596,700 | 4 | 2.5 | 2,630 | Off Market | |
0.03 | $530,500 | 4 | 2.5 | 2,097 | Off Market | |
0.02 | $533,600 | 4 | 2.5 | 2,263 | Off Market | |
0.06 | $550,000 | 4 | 2.5 | 1,952 | For Sale | |
0.04 | $559,800 | 5 | 3 | 2,381 | Off Market | |
0.07 | $539,900 | 4 | 2.5 | 2,009 | Off Market | |
0.07 | $465,000 | 3 | 2 | 1,214 | Recently Sold | |
0.04 | $552,100 | 4 | 3 | 2,157 | Off Market | |
0.08 | $459,950 | 3 | 2 | 1,647 | For Sale | |
0.05 | $569,000 | 4 | 2.5 | 2,078 | Off Market | |
0.05 | $555,500 | 4 | 2.5 | 2,177 | Off Market |
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Living Area
2,076 sqft
Price/Sqft
$250
Parking
Attached Garage
About this House
New Paintings and professionally cleaned home!
Welcome home to this meticulously maintained 4 Bedroom 2.5 Bath in a gated community in Spanaway- Main floor boasts an office, dining room, half bath, and living room w/ custom built in shelves & a gas fireplace. The open concept kitchen with all stainless steel appliances. Upper level has a large master suite with 5 piece bath and walk in closet as well as three other bedrooms, 2nd full bath and laundry room. A nice size backyard & 2 car attached garage. Close to JBLM & Shopping. Cats are ok. Small Dogs considered on a case by case basis. Call for questions & appt. Earliest available day to tour is July 1.
**Requirements**
First month rent + 1 month rent deposit
Income 3x Monthly rent $8000.00 Minimum
Credit Score 600 Minimum
3 Years Clean Rental History
Tenants pay all the utilities.
Welcome home to this meticulously maintained 4 Bedroom 2.5 Bath in a gated community in Spanaway- Main floor boasts an office, dining room, half bath, and living room w/ custom built in shelves & a gas fireplace. The open concept kitchen with all stainless steel appliances. Upper level has a large master suite with 5 piece bath and walk in closet as well as three other bedrooms, 2nd full bath and laundry room. A nice size backyard & 2 car attached garage. Close to JBLM & Shopping. Cats are ok. Small Dogs considered on a case by case basis. Call for questions & appt. Earliest available day to tour is July 1.
**Requirements**
First month rent + 1 month rent deposit
Income 3x Monthly rent $8000.00 Minimum
Credit Score 600 Minimum
3 Years Clean Rental History
Tenants pay all the utilities.
20229 40th Ave E, Spanaway, WA 98387 is a 4 bedroom, 3 bathroom, 2,076 sqft single-family home. It last sold for $395,000 on Jun 30, 2020 (13,290% above the $2,950 asking price). More recently, it was listed as a rental in June 2025 with an asking price of $2,950 per month. That rental listing was removed on September 12, 2025. It is currently off market. The Trulia Estimate is $518,200, with a rent estimate of $2,994/month.
Home Details for 20229 40th Ave E
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Property Type / Style Property Type: Single Family Home |
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Lease Term: 1 Year |
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Appliances & Utilities DryerWasher |
Heating & Cooling Air ConditioningCooling System: Central Air |
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Parking & Garage Parking: Attached Off Street, On Site |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Sep 12, 2025 Source: Zillow Rentals | ListingRemoved | $2,950 |
Jul 22, 2025 Source: Zillow Rentals | PriceChange | $2,950 Price decreased by 3% |
Jul 10, 2025 Source: Zillow Rentals | PriceChange | $3,050 Price increased by 3% |
Jun 12, 2025 Source: Zillow Rentals | Listed For Rent | $2,950 |
Oct 29, 2021 Source: Zillow Rental Manager | ListingRemoved | |
Oct 16, 2021 Source: Zillow Rental Manager | PriceChange | $2,650 Price decreased by 2% |
Sep 26, 2021 Source: Zillow Rental Manager | Listed For Rent | $2,700 |
Sep 7, 2021 Source: Zillow Rental Manager | ListingRemoved | |
Aug 19, 2021 Source: Zillow Rental Manager | PriceChange | $2,700 Price increased by 2% |
Aug 18, 2021 Source: Zillow Rental Manager | Listed For Rent | $2,660 |
Jun 30, 2020 Source: NWMLS as distributed by MLS GRID #1610725 | Sold | $395,000 |
Jun 7, 2020 Source: Agent Provided | Pending | $380,000 |
Jun 5, 2020 Source: Agent Provided | Listed For Sale | $380,000 |
Apr 29, 2015 Source: NWMLS as distributed by MLS GRID #757991 | Sold | $235,000 |
Mar 28, 2015 Source: Agent Provided | Pending | $238,000 |
Mar 24, 2015 Source: Agent Provided | Listed For Sale | $238,000 |
Nov 18, 2014 Source: Agent Provided | ListingRemoved | $234,900 |
Oct 21, 2014 Source: Agent Provided | PendingToActive | $234,900 |
Sep 14, 2014 Source: Agent Provided | Pending | $234,900 |
Aug 20, 2014 Source: Agent Provided | Listed For Sale | $234,900 |
Feb 10, 2012 Source: NWMLS as distributed by MLS GRID #266375 | Sold | $204,950 |
Jul 22, 2011 Source: N/A | Sold | $18,750 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $5,411 | $478,500 |
Home facts updated by county records
Market trends in Spanaway
Last updated July 2026
Avg. sale price
$508K
$5KMoM
Sale-to-List Price
100.0%
Price per sq ft
$293
$1MoM
Available listings
181
5MoM
Around this home
What Locals Say about Spanaway
At least 357 Trulia users voted on each feature.
90 % Say car is needed
84 % Say yards are well-kept
84 % Say parking is easy
75 % Say it's dog friendly
73 % Say there's holiday spirit
67 % Say kids play outside
57 % Say it's quiet
50 % Say neighbors are friendly
45 % Say there's wildlife
42 % Say there are sidewalks
37 % Say it's walkable to grocery stores
37 % Say people would walk alone at night
35 % Say they plan to stay for at least 5 years
25 % Say streets are well-lit
22 % Say it's walkable to restaurants
18 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
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Apartments for Rent
Homes for sale near 20229 40th Ave E
Off Market Homes Near 20229 40th Ave E
Frequently asked questions about 20229 40th Ave E
- What is 20229 40th Ave E estimated to be worth?Trulia's estimated value for 20229 40th Ave E in Spanaway, WA is $518,200.
- What is the price history for 20229 40th Ave E?20229 40th Ave E in Spanaway, WA last sold for $395,000 in June 2020.
- Is Spanaway a buyer's or seller's market?Spanaway is currently a balanced market, based on recent for-sale activity.
- What's the median sale price in Spanaway?The median sale price in Spanaway is $508K. That is up $5K from the prior month.
- Does 20229 40th Ave E have air conditioning?Yes, 20229 40th Ave E in Spanaway, WA has air conditioning.
- Does 20229 40th Ave E have laundry facilities?Yes, 20229 40th Ave E in Spanaway, WA has in-unit laundry.