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31407 27th Ave

Federal Way, WA 98023

4 bd 2 ba 2,080 sqft Built 1962 Lot 11,277 sqft single_family
Most recent sale
$745,000
Jun 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 27, 2022 Sold $745,000 MLS #1928552
May 6, 2022 Listed $635,000 MLS #1928552

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $427,000 $216,000 $643,000 $6,197
2024 $407,000 $216,000 $623,000 $6,172
2023 $434,000 $178,000 $612,000 $6,008
2022 $341,000 $142,000 $483,000 $5,471
2021 $300,000 $117,000 $417,000 $5,035
2020 $300,000 $117,000 $417,000 $4,777
2019 $302,000 $98,000 $400,000 $4,416
2018 $289,000 $94,000 $383,000 $4,760
2017 $248,000 $86,000 $334,000 $4,309
2016 $223,000 $79,000 $302,000 $4,189
2015 $205,000 $76,000 $281,000 $3,889
2014 $191,000 $76,000 $267,000 $3,315
2013 $132,000 $73,000 $205,000 $3,170
2012 $118,000 $73,000 $191,000 $3,140
2011 $149,000 $98,000 $247,000 $3,241
2010 $159,000 $98,000 $257,000 $3,263
2009 $202,000 $84,000 $286,000 $3,164
2007 $185,000 $80,000 $265,000 $2,761

Property facts

Year built
1962
Property type
single_family
Stories
Beds
4
Baths
2
Living area
2,080 sqft
Lot size
11,277 sqft
ZIP code
98023
City
Federal Way
Street
27th Ave
Coordinates
47.32052, -122.36743

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
$4,784
Gross rental yield
7.71%
Implied cap rate
5.01%
Trend-extrapolated value

Frequently asked questions

When did 31407 27th Ave last sell?
31407 27th Ave most recently sold on Jun 27, 2022 for $745,000.
What is the current tax assessment for 31407 27th Ave?
The most recent total assessment for 31407 27th Ave (year 2025) is $643,000 with $6,197 in property tax.
How does 31407 27th Ave's assessment compare to its last sale price?
The current assessment is 13.7% below the last sale price of $745,000.
When was 31407 27th Ave built?
31407 27th Ave was built in 1962.
How does 31407 27th Ave compare to others on 27th Ave?
We track 8 other properties on 27th Ave. Browse the list under "Other properties on 27th Ave" to compare beds, baths, and sale history.
What are the property facts for 31407 27th Ave?
31407 27th Ave is a 4 bed, 2 bath, 2,080 sqft, 11,277 sqft lot single_family.
Is 31407 27th Ave a flip candidate?
No — 31407 27th Ave does not appear in our flips dataset.
Is 31407 27th Ave a tax-appeal candidate?
No — 31407 27th 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
-0.7%
Implied 1-yr
-2.8%
2026 Q3
$657.5K
2026 Q4
$652.6K
ZIP 98023 — Median Price History + Forecast

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