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37556 21st Ave

Federal Way, WA 98003

5 bd 3 ba 2,700 sqft Built 1992 Lot 9,255 sqft single_family
Most recent sale
$650,000
Sep 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 22, 2022 Sold $650,000 MLS #1979223
Aug 18, 2022 Price changed $650,000 MLS #1979223
Aug 5, 2022 Listed $709,000 MLS #1979223
Jun 11, 2009 Sold $340,000 Public Record
Oct 1, 2008 Listed $324,950 MLS #28163562
Aug 16, 2006 Sold $429,950 Public Record
Jul 6, 2006 Listed $429,950 MLS #26107483
Mar 31, 1997 Sold $212,500 Public Record
Aug 26, 1994 Sold $186,500 Public Record
Nov 27, 1991 Sold $175,000 Public Record
Jun 19, 1991 Sold $79,800 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $468,000 $205,000 $673,000 $6,515
2024 $461,000 $192,000 $653,000 $5,854
2023 $396,000 $180,000 $576,000 $5,666
2022 $319,000 $146,000 $465,000 $5,273
2021 $262,000 $130,000 $392,000 $4,745
2020 $262,000 $130,000 $392,000 $4,523
2019 $248,000 $130,000 $378,000 $4,140
2018 $228,000 $130,000 $358,000 $4,765
2017 $248,000 $86,000 $334,000 $4,091
2016 $200,000 $86,000 $286,000 $4,214
2015 $196,000 $86,000 $282,000 $3,871
2014 $179,000 $86,000 $265,000 $3,546
2013 $137,000 $82,000 $219,000 $3,535
2012 $131,000 $82,000 $213,000 $3,600
2011 $157,000 $113,000 $270,000 $3,545
2010 $165,000 $113,000 $278,000 $3,533
2009 $231,000 $113,000 $344,000 $3,799
2007 $205,000 $108,000 $313,000 $3,386

Property facts

Year built
1992
Property type
single_family
Stories
Beds
5
Baths
3
Living area
2,700 sqft
Lot size
9,255 sqft
ZIP code
98003
City
Federal Way
Street
21st Ave
Coordinates
47.26499, -122.30817

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$6,210
Gross rental yield
11.46%
Implied cap rate
7.45%
Trend-extrapolated value

Frequently asked questions

When did 37556 21st Ave last sell?
37556 21st Ave most recently sold on Sep 22, 2022 for $650,000.
What is the current tax assessment for 37556 21st Ave?
The most recent total assessment for 37556 21st Ave (year 2025) is $673,000 with $6,515 in property tax.
How does 37556 21st Ave's assessment compare to its last sale price?
The current assessment is 3.5% above the last sale price of $650,000.
When was 37556 21st Ave built?
37556 21st Ave was built in 1992.
How does 37556 21st Ave compare to others on 21st Ave?
We track 8 other properties on 21st Ave. Browse the list under "Other properties on 21st Ave" to compare beds, baths, and sale history.
What are the property facts for 37556 21st Ave?
37556 21st Ave is a 5 bed, 3 bath, 2,700 sqft, 9,255 sqft lot single_family.
Is 37556 21st Ave a flip candidate?
No — 37556 21st Ave does not appear in our flips dataset.
Is 37556 21st Ave a tax-appeal candidate?
No — 37556 21st Ave 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
-0.5%
Implied 1-yr
-1.8%
2026 Q3
$810K
2026 Q4
$810K
ZIP 98003 — Median Price History + Forecast

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