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2175 278th St

Federal Way, WA 98003

3 bd 2 ba 1,370 sqft Built 1987 Lot 5,187 sqft single_family
Most recent sale
$550,000
Apr 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 1, 2022 Sold $550,000 MLS #1892524
Mar 4, 2022 Listed $500,000 MLS #1892524
Jul 11, 2019 Sold $365,000 MLS #1447688
Jun 16, 2019 Relisted $370,000 MLS #1447688
May 31, 2019 Price changed $370,000 MLS #1447688
May 9, 2019 Price changed $385,000 MLS #1447688
May 7, 2019 Listed $360,000 MLS #1447688
May 18, 1992 Sold $129,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $367,000 $178,000 $545,000 $5,236
2024 $372,000 $151,000 $523,000 $5,240
2023 $361,000 $147,000 $508,000 $5,019
2022 $267,000 $134,000 $401,000 $4,571
2021 $227,000 $116,000 $343,000 $4,169
2020 $227,000 $116,000 $343,000 $3,949
2019 $231,000 $98,000 $329,000 $3,618
2018 $218,000 $94,000 $312,000 $4,021
2017 $187,000 $94,000 $281,000 $3,710
2016 $169,000 $90,000 $259,000 $3,709
2015 $144,000 $104,000 $248,000 $3,435
2014 $138,000 $97,000 $235,000 $3,205
2013 $101,000 $97,000 $198,000 $3,137
2012 $92,000 $97,000 $189,000 $2,854
2011 $108,000 $115,000 $223,000 $2,935
2010 $122,000 $86,000 $208,000 $2,657
2009 $171,000 $86,000 $257,000 $2,852
2007 $156,000 $82,000 $238,000 $2,510

Property facts

Year built
1987
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,370 sqft
Lot size
5,187 sqft
ZIP code
98003
City
Federal Way
Street
278th St
Coordinates
47.35237, -122.30368

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,151
Gross rental yield
6.87%
Implied cap rate
4.47%
Trend-extrapolated value

Frequently asked questions

When did 2175 278th St last sell?
2175 278th St most recently sold on Apr 1, 2022 for $550,000.
What is the current tax assessment for 2175 278th St?
The most recent total assessment for 2175 278th St (year 2025) is $545,000 with $5,236 in property tax.
How does 2175 278th St's assessment compare to its last sale price?
The current assessment is 0.9% below the last sale price of $550,000.
When was 2175 278th St built?
2175 278th St was built in 1987.
How does 2175 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 2175 278th St?
2175 278th St is a 3 bed, 2 bath, 1,370 sqft, 5,187 sqft lot single_family.
Is 2175 278th St a flip candidate?
No — 2175 278th St does not appear in our flips dataset.
Is 2175 278th St a tax-appeal candidate?
No — 2175 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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