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2150 278th St

Federal Way, WA 98003

3 bd 2 ba 1,650 sqft Built 1988 Lot 5,278 sqft single_family
Most recent sale
$672,000
Apr 19, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 19, 2022 Sold $672,000 MLS #1901666
Mar 17, 2022 Listed $599,999 MLS #1901666
Mar 27, 2000 Sold $189,500 Public Record
Nov 17, 1997 Sold $162,500 Public Record
Nov 1, 1996 Sold $152,875 Public Record
Mar 24, 1992 Sold $141,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $430,000 $178,000 $608,000 $5,802
2024 $432,000 $151,000 $583,000 $5,822
2023 $420,000 $147,000 $567,000 $5,580
2022 $291,000 $134,000 $425,000 $4,834
2021 $248,000 $116,000 $364,000 $4,415
2020 $248,000 $116,000 $364,000 $4,182
2019 $251,000 $98,000 $349,000 $3,832
2018 $237,000 $94,000 $331,000 $4,258
2017 $204,000 $94,000 $298,000 $3,933
2016 $185,000 $90,000 $275,000 $3,927
2015 $159,000 $104,000 $263,000 $3,633
2014 $152,000 $97,000 $249,000 $3,394
2013 $113,000 $97,000 $210,000 $3,315
2012 $103,000 $97,000 $200,000 $3,017
2011 $121,000 $115,000 $236,000 $3,101
2010 $137,000 $93,000 $230,000 $2,929
2009 $191,000 $93,000 $284,000 $3,143
2007 $174,000 $89,000 $263,000 $2,772

Property facts

Year built
1988
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,650 sqft
Lot size
5,278 sqft
ZIP code
98003
City
Federal Way
Street
278th St
Coordinates
47.35290, -122.30444

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,795
Gross rental yield
6.78%
Implied cap rate
4.40%
Trend-extrapolated value

Frequently asked questions

When did 2150 278th St last sell?
2150 278th St most recently sold on Apr 19, 2022 for $672,000.
What is the current tax assessment for 2150 278th St?
The most recent total assessment for 2150 278th St (year 2025) is $608,000 with $5,802 in property tax.
How does 2150 278th St's assessment compare to its last sale price?
The current assessment is 9.5% below the last sale price of $672,000.
When was 2150 278th St built?
2150 278th St was built in 1988.
How does 2150 278th St compare to others on 278th St?
We track 2 other properties on 278th St. Browse the list under "Other properties on 278th St" to compare beds, baths, and sale history.
What are the property facts for 2150 278th St?
2150 278th St is a 3 bed, 2 bath, 1,650 sqft, 5,278 sqft lot single_family.
Is 2150 278th St a flip candidate?
No — 2150 278th St does not appear in our flips dataset.
Is 2150 278th St a tax-appeal candidate?
No — 2150 278th St 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

Explore nearby

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