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1224 261st Pl

Des Moines, WA 98198

4 bd 2 ba 1,730 sqft Built 1967 Lot 8,143 sqft single_family
Most recent sale
$535,000
Sep 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 28, 2022 Sold $535,000 MLS #1986822
Aug 25, 2022 Listed $535,000 MLS #1986822
Oct 22, 1993 Sold $122,000 Public Record
Sep 13, 1991 Sold $120,500 Public Record
Jun 8, 1981 Sold $75,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $278,000 $280,000 $558,000 $5,982
2024 $378,000 $174,000 $552,000 $5,850
2023 $378,000 $161,000 $539,000 $5,691
2022 $281,000 $147,000 $428,000 $5,189
2021 $213,000 $135,000 $348,000 $4,526
2020 $213,000 $135,000 $348,000 $4,359
2019 $208,000 $128,000 $336,000 $4,177
2018 $222,000 $110,000 $332,000 $4,445
2017 $185,000 $103,000 $288,000 $4,015
2016 $155,000 $103,000 $258,000 $3,797
2015 $136,000 $96,000 $232,000 $3,461
2014 $127,000 $90,000 $217,000 $3,441
2013 $112,000 $86,000 $198,000 $3,519
2012 $70,000 $130,000 $200,000 $3,234
2011 $85,000 $170,000 $255,000 $3,606
2010 $85,000 $170,000 $255,000 $3,503
2009 $140,000 $170,000 $310,000 $3,682
2007 $199,000 $87,000 $286,000 $3,225

Property facts

Year built
1967
Property type
single_family
Stories
Beds
4
Baths
2
Living area
1,730 sqft
Lot size
8,143 sqft
ZIP code
98198
City
Des Moines
Street
261st Pl
Coordinates
47.36767, -122.31821

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,979
Gross rental yield
8.92%
Implied cap rate
5.80%
Trend-extrapolated value

Frequently asked questions

When did 1224 261st Pl last sell?
1224 261st Pl most recently sold on Sep 28, 2022 for $535,000.
What is the current tax assessment for 1224 261st Pl?
The most recent total assessment for 1224 261st Pl (year 2025) is $558,000 with $5,982 in property tax.
How does 1224 261st Pl's assessment compare to its last sale price?
The current assessment is 4.3% above the last sale price of $535,000.
When was 1224 261st Pl built?
1224 261st Pl was built in 1967.
How does 1224 261st Pl compare to others on 261st Pl?
We track 8 other properties on 261st Pl. Browse the list under "Other properties on 261st Pl" to compare beds, baths, and sale history.
What are the property facts for 1224 261st Pl?
1224 261st Pl is a 4 bed, 2 bath, 1,730 sqft, 8,143 sqft lot single_family.
Is 1224 261st Pl a flip candidate?
No — 1224 261st Pl does not appear in our flips dataset.
Is 1224 261st Pl a tax-appeal candidate?
No — 1224 261st Pl 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
-2.3%
Implied 1-yr
-9.3%
2026 Q3
$422K
2026 Q4
$410.5K
ZIP 98198 — Median Price History + Forecast

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