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28932 28th Pl

Federal Way, WA 98003

6 bd 4 ba 2,176 sqft Built 1980 Lot 7,200 sqft multi_family
Most recent sale
$625,000
Jun 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 14, 2022 Sold $625,000 MLS #1926711
May 4, 2022 Listed $598,000 MLS #1926711
Oct 16, 2018 Price changed $450,000 MLS #1344229
Sep 24, 2018 Price changed $475,000 MLS #1344229
Aug 10, 2018 Listed $520,000 MLS #1344229
Oct 28, 2016 Sold $298,000 Public Record
Sep 22, 2016 Listed $298,000 MLS #1028525
Aug 19, 2004 Sold $180,000 Public Record
Jan 2, 2003 Sold $193,000 Public Record
Jul 7, 2000 Sold $158,000 Public Record
Jun 10, 1994 Sold $120,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $438,000 $159,000 $597,000 $5,737
2024 $437,000 $135,000 $572,000 $5,717
2023 $439,000 $132,000 $571,000 $5,618
2022 $318,000 $120,000 $438,000 $4,977
2021 $271,000 $104,000 $375,000 $4,543
2020 $271,000 $104,000 $375,000 $4,310
2019 $272,000 $88,000 $360,000 $3,562
2018 $223,000 $84,000 $307,000 $3,951
2017 $192,000 $84,000 $276,000 $3,640
2016 $174,000 $80,000 $254,000 $3,636
2015 $152,000 $91,000 $243,000 $3,364
2014 $145,000 $85,000 $230,000 $3,142
2013 $109,000 $85,000 $194,000 $3,073
2012 $100,000 $85,000 $185,000 $2,799
2011 $119,000 $100,000 $219,000 $2,884
2010 $133,000 $94,000 $227,000 $2,892
2009 $186,000 $94,000 $280,000 $3,100
2007 $170,000 $90,000 $260,000 $2,748

Property facts

Year built
1980
Property type
multi_family
Stories
Beds
6
Baths
4
Living area
2,176 sqft
Lot size
7,200 sqft
ZIP code
98003
City
Federal Way
Street
28th Pl
Coordinates
47.34163, -122.29653

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
$5,005
Gross rental yield
9.61%
Implied cap rate
6.25%
Trend-extrapolated value

Frequently asked questions

When did 28932 28th Pl last sell?
28932 28th Pl most recently sold on Jun 14, 2022 for $625,000.
What is the current tax assessment for 28932 28th Pl?
The most recent total assessment for 28932 28th Pl (year 2025) is $597,000 with $5,737 in property tax.
How does 28932 28th Pl's assessment compare to its last sale price?
The current assessment is 4.5% below the last sale price of $625,000.
When was 28932 28th Pl built?
28932 28th Pl was built in 1980.
How does 28932 28th Pl compare to others on 28th Pl?
We track 8 other properties on 28th Pl. Browse the list under "Other properties on 28th Pl" to compare beds, baths, and sale history.
What are the property facts for 28932 28th Pl?
28932 28th Pl is a 6 bed, 4 bath, 2,176 sqft, 7,200 sqft lot multi_family.
Is 28932 28th Pl a flip candidate?
No — 28932 28th Pl does not appear in our flips dataset.
Is 28932 28th Pl a tax-appeal candidate?
No — 28932 28th Pl 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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