32039 16th Pl
Federal Way, WA 98023
3 bd 2 ba 1,160 sqft Built 1981 Lot 7,624 sqft single_family
Most recent sale
$600,000
Jun 21, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Nov 24, 2024 | Listed for rent | $2,695 | AppfolioUnits |
| Jun 30, 2022 | Listed for rent | $2,795 | AppfolioUnits |
| Jun 21, 2022 | Sold | $600,000 | MLS #1940197 |
| Jun 3, 2022 | Listed | $525,000 | MLS #1940197 |
| Aug 15, 2013 | Sold | $174,000 | Public Record |
| May 17, 2013 | Listing removed | $212,000 | NWMLS |
| May 8, 2013 | Relisted | $212,000 | MLS #446623 |
| Feb 21, 2013 | Listing removed | $169,500 | NWMLS |
| Feb 10, 2013 | Listed | $169,500 | MLS #446623 |
| Jan 12, 2013 | Listing removed | $175,000 | NWMLS |
| Jan 10, 2013 | Listed | $175,000 | MLS #436578 |
| Aug 27, 2008 | Sold | $254,000 | Public Record |
| Sep 26, 1995 | Sold | $118,500 | Public Record |
| Apr 25, 1994 | Sold | $118,000 | Public Record |
| Apr 10, 1991 | Sold | $110,000 | Public Record |
| Jul 16, 1981 | Sold | $76,450 | Public Record |
| Feb 2, 1981 | Sold | $256,856 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $331,000 | $160,000 | $491,000 | $4,763 |
| 2024 | $319,000 | $154,000 | $473,000 | $4,732 |
| 2023 | $319,000 | $143,000 | $462,000 | $4,581 |
| 2022 | $241,000 | $125,000 | $366,000 | $4,187 |
| 2021 | $187,000 | $81,000 | $268,000 | $3,292 |
| 2020 | $187,000 | $81,000 | $268,000 | $3,191 |
| 2019 | $183,000 | $81,000 | $264,000 | $2,955 |
| 2018 | $172,000 | $81,000 | $253,000 | $3,241 |
| 2017 | $151,000 | $74,000 | $225,000 | $2,944 |
| 2016 | $136,000 | $68,000 | $204,000 | $2,865 |
| 2015 | $125,000 | $65,000 | $190,000 | $2,668 |
| 2014 | $116,000 | $65,000 | $181,000 | $2,922 |
| 2013 | $113,000 | $67,000 | $180,000 | $3,024 |
| 2012 | $115,000 | $67,000 | $182,000 | $2,840 |
| 2011 | $131,000 | $70,000 | $201,000 | $2,654 |
| 2010 | $137,000 | $70,000 | $207,000 | $2,645 |
| 2009 | $179,000 | $70,000 | $249,000 | $2,681 |
| 2007 | $164,000 | $67,000 | $231,000 | $1,445 |
Property facts
Year built
1981
Property type
single_family
Stories
—
Beds
3
Baths
2
Living area
1,160 sqft
Lot size
7,624 sqft
ZIP code
98023
City
Federal Way
Street
16th Pl
Coordinates
47.31404, -122.35665
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,668
Gross rental yield
5.34%
Implied cap rate
3.47%
Trend-extrapolated value
—
Frequently asked questions
When did 32039 16th Pl last sell?
32039 16th Pl most recently sold on Jun 21, 2022 for $600,000.
What is the current tax assessment for 32039 16th Pl?
The most recent total assessment for 32039 16th Pl (year 2025) is $491,000 with $4,763 in property tax.
How does 32039 16th Pl's assessment compare to its last sale price?
The current assessment is 18.2% below the last sale price of $600,000.
When was 32039 16th Pl built?
32039 16th Pl was built in 1981.
How does 32039 16th Pl compare to others on 16th Pl?
We track 7 other properties on 16th Pl. Browse the list under "Other properties on 16th Pl" to compare beds, baths, and sale history.
What are the property facts for 32039 16th Pl?
32039 16th Pl is a 3 bed, 2 bath, 1,160 sqft, 7,624 sqft lot single_family.
Is 32039 16th Pl a flip candidate?
No — 32039 16th Pl does not appear in our flips dataset.
Is 32039 16th Pl a tax-appeal candidate?
No — 32039 16th 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 16th Pl