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32219 16th Pl

Federal Way, WA 98023

3 bd 2 ba 1,320 sqft Built 1981 Lot 8,577 sqft single_family
Most recent sale
$499,900
Aug 12, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 12, 2022 Sold $499,900 MLS #1956615
Jul 9, 2022 Price changed $499,900 MLS #1956615
Jun 23, 2022 Listed $525,000 MLS #1956615
Jul 18, 2012 Sold $185,000 Public Record
May 31, 2012 Listing removed $185,000 NWMLS
May 27, 2012 Listed $185,000 MLS #362154
Feb 25, 2004 Sold $188,500 Public Record
May 21, 1999 Sold $150,400 Public Record
Sep 23, 1991 Sold $110,800 Public Record
Oct 1, 1987 Sold $72,500 Public Record
Sep 15, 1983 Sold $67,000 Public Record
Jul 9, 1981 Sold $74,950 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $324,000 $160,000 $484,000 $4,700
2024 $312,000 $154,000 $466,000 $4,669
2023 $313,000 $143,000 $456,000 $4,524
2022 $240,000 $125,000 $365,000 $4,176
2021 $194,000 $81,000 $275,000 $3,373
2020 $194,000 $81,000 $275,000 $3,273
2019 $190,000 $81,000 $271,000 $3,034
2018 $179,000 $81,000 $260,000 $3,324
2017 $157,000 $74,000 $231,000 $3,013
2016 $141,000 $68,000 $209,000 $2,923
2015 $129,000 $65,000 $194,000 $2,711
2014 $119,000 $65,000 $184,000 $2,528
2013 $88,000 $67,000 $155,000 $2,621
2012 $90,000 $67,000 $157,000 $2,458
2011 $126,000 $70,000 $196,000 $2,590
2010 $132,000 $70,000 $202,000 $2,583
2009 $173,000 $70,000 $243,000 $2,702
2007 $158,000 $67,000 $225,000 $2,385

Property facts

Year built
1981
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,320 sqft
Lot size
8,577 sqft
ZIP code
98023
City
Federal Way
Street
16th Pl
Coordinates
47.31258, -122.35644

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,036
Gross rental yield
7.29%
Implied cap rate
4.74%
Trend-extrapolated value

Frequently asked questions

When did 32219 16th Pl last sell?
32219 16th Pl most recently sold on Aug 12, 2022 for $499,900.
What is the current tax assessment for 32219 16th Pl?
The most recent total assessment for 32219 16th Pl (year 2025) is $484,000 with $4,700 in property tax.
How does 32219 16th Pl's assessment compare to its last sale price?
The current assessment is 3.2% below the last sale price of $499,900.
When was 32219 16th Pl built?
32219 16th Pl was built in 1981.
How does 32219 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 32219 16th Pl?
32219 16th Pl is a 3 bed, 2 bath, 1,320 sqft, 8,577 sqft lot single_family.
Is 32219 16th Pl a flip candidate?
No — 32219 16th Pl does not appear in our flips dataset.
Is 32219 16th Pl a tax-appeal candidate?
No — 32219 16th 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
-0.7%
Implied 1-yr
-2.8%
2026 Q3
$657.5K
2026 Q4
$652.6K
ZIP 98023 — Median Price History + Forecast

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