32220 23rd Ave
Federal Way, WA 98023
3 bd 2 ba 2,110 sqft Built 1967 Lot 8,898 sqft single_family
Most recent sale
$620,000
Jul 14, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 14, 2022 | Sold | $620,000 | MLS #1939851 |
| Jun 11, 2022 | Price changed | $599,999 | MLS #1939851 |
| May 26, 2022 | Listed | $610,000 | MLS #1939851 |
| Jul 26, 2011 | Sold | $237,000 | Public Record |
| Jun 5, 2011 | Listing removed | $239,750 | NWMLS |
| May 5, 2011 | Listed | $239,750 | MLS #218200 |
| Nov 16, 2010 | Listing removed | $254,950 | NWMLS |
| Oct 1, 2010 | Price changed | $254,950 | MLS #123955 |
| Aug 28, 2010 | Listing removed | $264,950 | NWMLS |
| Aug 27, 2010 | Listed | $264,950 | MLS #123955 |
| Aug 16, 1993 | Sold | $140,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $363,000 | $216,000 | $579,000 | $5,635 |
| 2024 | $345,000 | $216,000 | $561,000 | $5,579 |
| 2023 | $374,000 | $178,000 | $552,000 | $5,437 |
| 2022 | $299,000 | $142,000 | $441,000 | $5,010 |
| 2021 | $288,000 | $117,000 | $405,000 | $4,894 |
| 2020 | $288,000 | $117,000 | $405,000 | $4,648 |
| 2019 | $291,000 | $98,000 | $389,000 | $4,293 |
| 2018 | $278,000 | $94,000 | $372,000 | $4,620 |
| 2017 | $238,000 | $86,000 | $324,000 | $4,184 |
| 2016 | $214,000 | $79,000 | $293,000 | $4,058 |
| 2015 | $196,000 | $76,000 | $272,000 | $3,761 |
| 2014 | $182,000 | $76,000 | $258,000 | $3,158 |
| 2013 | $106,000 | $89,000 | $195,000 | $3,024 |
| 2012 | $93,000 | $89,000 | $182,000 | $2,918 |
| 2011 | $118,000 | $119,000 | $237,000 | $1,725 |
| 2010 | $128,000 | $119,000 | $247,000 | $1,759 |
| 2009 | $213,000 | $84,000 | $297,000 | $3,282 |
| 2007 | $195,000 | $80,000 | $275,000 | $2,863 |
Property facts
Year built
1967
Property type
single_family
Stories
—
Beds
3
Baths
2
Living area
2,110 sqft
Lot size
8,898 sqft
ZIP code
98023
City
Federal Way
Street
23rd Ave
Coordinates
47.31232, -122.36252
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
$4,853
Gross rental yield
9.39%
Implied cap rate
6.11%
Trend-extrapolated value
—
Frequently asked questions
When did 32220 23rd Ave last sell?
32220 23rd Ave most recently sold on Jul 14, 2022 for $620,000.
What is the current tax assessment for 32220 23rd Ave?
The most recent total assessment for 32220 23rd Ave (year 2025) is $579,000 with $5,635 in property tax.
How does 32220 23rd Ave's assessment compare to its last sale price?
The current assessment is 6.6% below the last sale price of $620,000.
When was 32220 23rd Ave built?
32220 23rd Ave was built in 1967.
How does 32220 23rd Ave compare to others on 23rd Ave?
We track 8 other properties on 23rd Ave. Browse the list under "Other properties on 23rd Ave" to compare beds, baths, and sale history.
What are the property facts for 32220 23rd Ave?
32220 23rd Ave is a 3 bed, 2 bath, 2,110 sqft, 8,898 sqft lot single_family.
Is 32220 23rd Ave a flip candidate?
No — 32220 23rd Ave does not appear in our flips dataset.
Is 32220 23rd Ave a tax-appeal candidate?
No — 32220 23rd Ave 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 23rd Ave