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906 298th St

Federal Way, WA 98023

5 bd 4 ba 2,984 sqft Built 1977 Lot 22,000 sqft single_family
Most recent sale
$1,055,000
Oct 19, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 19, 2022 Sold $1,055,000 MLS #1993841
Sep 16, 2022 Listed $1,000,500 MLS #1993841

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $577,000 $475,000 $1,052,000 $9,131
2024 $601,000 $331,000 $932,000 $9,125
2023 $604,000 $306,000 $910,000 $8,844
2022 $458,000 $279,000 $737,000 $8,258
2021 $373,000 $256,000 $629,000 $7,515
2020 $373,000 $256,000 $629,000 $7,190
2019 $365,000 $242,000 $607,000 $6,991
2018 $377,000 $235,000 $612,000 $7,882
2017 $338,000 $220,000 $558,000 $7,067
2016 $280,000 $220,000 $500,000 $6,619
2015 $243,000 $205,000 $448,000 $6,047
2014 $228,000 $191,000 $419,000 $6,087
2013 $199,000 $182,000 $381,000 $6,156
2012 $148,000 $228,000 $376,000 $5,552
2011 $179,000 $298,000 $477,000 $6,178
2010 $179,000 $298,000 $477,000 $4,931
2009 $280,000 $298,000 $578,000 $5,391
2007 $325,000 $191,000 $516,000 $5,310

Property facts

Year built
1977
Property type
single_family
Stories
Beds
5
Baths
4
Living area
2,984 sqft
Lot size
22,000 sqft
ZIP code
98023
City
Federal Way
Street
298th St
Coordinates
47.33570, -122.34683

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$6,863
Gross rental yield
7.81%
Implied cap rate
5.07%
Trend-extrapolated value

Frequently asked questions

When did 906 298th St last sell?
906 298th St most recently sold on Oct 19, 2022 for $1,055,000.
What is the current tax assessment for 906 298th St?
The most recent total assessment for 906 298th St (year 2025) is $1,052,000 with $9,131 in property tax.
How does 906 298th St's assessment compare to its last sale price?
The current assessment is 0.3% below the last sale price of $1,055,000.
When was 906 298th St built?
906 298th St was built in 1977.
How does 906 298th St compare to others on 298th St?
We track 8 other properties on 298th St. Browse the list under "Other properties on 298th St" to compare beds, baths, and sale history.
What are the property facts for 906 298th St?
906 298th St is a 5 bed, 4 bath, 2,984 sqft, 22,000 sqft lot single_family.
Is 906 298th St a flip candidate?
No — 906 298th St does not appear in our flips dataset.
Is 906 298th St a tax-appeal candidate?
No — 906 298th 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
-0.7%
Implied 1-yr
-2.8%
2026 Q3
$657.5K
2026 Q4
$652.6K
ZIP 98023 — Median Price History + Forecast

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