31831 12th Pl
Federal Way, WA 98023
4 bd 3 ba 1,920 sqft Built 1993 Lot 8,014 sqft single_family
Most recent sale
$625,000
Jun 27, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 27, 2022 | Sold | $625,000 | MLS #1940881 |
| May 28, 2022 | Listed | $649,950 | MLS #1940881 |
| Aug 15, 2005 | Sold | $349,950 | Public Record |
| Aug 28, 1997 | Sold | $175,000 | Public Record |
| Dec 30, 1992 | Sold | $162,955 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $424,000 | $187,000 | $611,000 | $5,912 |
| 2024 | $405,000 | $187,000 | $592,000 | $5,875 |
| 2023 | $428,000 | $154,000 | $582,000 | $5,723 |
| 2022 | $338,000 | $123,000 | $461,000 | $5,229 |
| 2021 | $317,000 | $102,000 | $419,000 | $5,058 |
| 2020 | $317,000 | $102,000 | $419,000 | $4,672 |
| 2019 | $306,000 | $85,000 | $391,000 | $4,315 |
| 2018 | $293,000 | $81,000 | $374,000 | $4,732 |
| 2017 | $258,000 | $74,000 | $332,000 | $4,030 |
| 2016 | $214,000 | $68,000 | $282,000 | $3,912 |
| 2015 | $197,000 | $65,000 | $262,000 | $3,633 |
| 2014 | $184,000 | $65,000 | $249,000 | $3,268 |
| 2013 | $113,000 | $89,000 | $202,000 | $3,186 |
| 2012 | $103,000 | $89,000 | $192,000 | $3,167 |
| 2011 | $131,000 | $119,000 | $250,000 | $3,279 |
| 2010 | $142,000 | $119,000 | $261,000 | $3,312 |
| 2009 | $244,000 | $84,000 | $328,000 | $3,616 |
| 2007 | $224,000 | $80,000 | $304,000 | $3,159 |
Property facts
Year built
1993
Property type
single_family
Stories
—
Beds
4
Baths
3
Living area
1,920 sqft
Lot size
8,014 sqft
ZIP code
98023
City
Federal Way
Street
12th Pl
Coordinates
47.31573, -122.35177
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$4,416
Gross rental yield
8.48%
Implied cap rate
5.51%
Trend-extrapolated value
—
Frequently asked questions
When did 31831 12th Pl last sell?
31831 12th Pl most recently sold on Jun 27, 2022 for $625,000.
What is the current tax assessment for 31831 12th Pl?
The most recent total assessment for 31831 12th Pl (year 2025) is $611,000 with $5,912 in property tax.
How does 31831 12th Pl's assessment compare to its last sale price?
The current assessment is 2.2% below the last sale price of $625,000.
When was 31831 12th Pl built?
31831 12th Pl was built in 1993.
How does 31831 12th Pl compare to others on 12th Pl?
We track 8 other properties on 12th Pl. Browse the list under "Other properties on 12th Pl" to compare beds, baths, and sale history.
What are the property facts for 31831 12th Pl?
31831 12th Pl is a 4 bed, 3 bath, 1,920 sqft, 8,014 sqft lot single_family.
Is 31831 12th Pl a flip candidate?
No — 31831 12th Pl does not appear in our flips dataset.
Is 31831 12th Pl a tax-appeal candidate?
No — 31831 12th Pl is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-0.7%
Implied 1-yr
-2.8%
2026 Q3
$657.5K
2026 Q4
$652.6K
ZIP 98023 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 12th Pl