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32615 48th St

Fall City, WA 98024

3 bd 3 ba 2,886 sqft Built 2007 Lot 94,960 sqft single_family
Most recent sale
$1,720,000
Apr 26, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 26, 2022 Sold $1,720,000 MLS #1904656
Mar 24, 2022 Listed $1,495,000 MLS #1904656
Jul 3, 2002 Sold $140,000 Public Record
Aug 11, 2000 Sold $115,000 Public Record
Jan 5, 1998 Sold $144,800 Public Record
Oct 22, 1984 Sold $89,999 Public Record
Mar 9, 1981 Sold $32,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $1,094,000 $356,000 $1,450,000 $15,092
2024 $1,054,000 $336,000 $1,390,000 $14,500
2023 $1,164,000 $374,000 $1,538,000 $15,002
2022 $709,000 $312,000 $1,021,000 $12,669
2021 $584,000 $289,000 $873,000 $12,078
2020 $691,000 $201,000 $892,000 $12,077
2019 $739,000 $201,000 $940,000 $12,357
2018 $647,000 $177,000 $824,000 $11,933
2017 $572,000 $164,000 $736,000 $10,567
2016 $545,000 $158,000 $703,000 $10,281
2015 $472,000 $145,000 $617,000 $8,357
2014 $385,000 $168,000 $553,000 $8,139
2013 $394,000 $172,000 $566,000 $8,082
2012 $432,000 $187,000 $619,000 $7,962
2011 $444,000 $187,000 $631,000 $8,173
2010 $444,000 $187,000 $631,000 $7,546
2009 $550,000 $221,000 $771,000 $7,556
2007 $230,000 $152,000 $382,000 $2,475

Property facts

Year built
2007
Property type
single_family
Stories
Beds
3
Baths
3
Living area
2,886 sqft
Lot size
94,960 sqft
ZIP code
98024
City
Fall City
Street
48th St
Coordinates
47.55680, -121.90618

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$6,638
Gross rental yield
4.63%
Implied cap rate
3.01%
Trend-extrapolated value

Frequently asked questions

When did 32615 48th St last sell?
32615 48th St most recently sold on Apr 26, 2022 for $1,720,000.
What is the current tax assessment for 32615 48th St?
The most recent total assessment for 32615 48th St (year 2025) is $1,450,000 with $15,092 in property tax.
How does 32615 48th St's assessment compare to its last sale price?
The current assessment is 15.7% below the last sale price of $1,720,000.
When was 32615 48th St built?
32615 48th St was built in 2007.
How does 32615 48th St compare to others on 48th St?
We track 5 other properties on 48th St. Browse the list under "Other properties on 48th St" to compare beds, baths, and sale history.
What are the property facts for 32615 48th St?
32615 48th St is a 3 bed, 3 bath, 2,886 sqft, 94,960 sqft lot single_family.
Is 32615 48th St a flip candidate?
No — 32615 48th St does not appear in our flips dataset.
Is 32615 48th St a tax-appeal candidate?
No — 32615 48th St 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
-4.5%
Implied 1-yr
-17.8%
2026 Q1
$981.4K
2026 Q2
$981.4K
ZIP 98024 — Median Price History + Forecast

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