30242 2nd Ave
Federal Way, WA 98003
4 bd 2 ba 1,940 sqft Built 1962 Lot 8,040 sqft single_family
Most recent sale
$499,000
Jun 15, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 15, 2022 | Sold | $499,000 | MLS #1939248 |
| May 26, 2022 | Listed | $499,000 | MLS #1939248 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $359,000 | $139,000 | $498,000 | $965 |
| 2024 | $344,000 | $139,000 | $483,000 | $4,838 |
| 2023 | $361,000 | $115,000 | $476,000 | $4,714 |
| 2022 | $285,000 | $92,000 | $377,000 | $4,307 |
| 2021 | $221,000 | $75,000 | $296,000 | $3,619 |
| 2020 | $221,000 | $75,000 | $296,000 | $3,331 |
| 2019 | $213,000 | $63,000 | $276,000 | $3,078 |
| 2018 | $204,000 | $60,000 | $264,000 | $3,366 |
| 2017 | $179,000 | $55,000 | $234,000 | $2,874 |
| 2016 | $149,000 | $50,000 | $199,000 | $2,792 |
| 2015 | $137,000 | $48,000 | $185,000 | $2,597 |
| 2014 | $128,000 | $48,000 | $176,000 | $2,449 |
| 2013 | $77,000 | $73,000 | $150,000 | $2,395 |
| 2012 | $70,000 | $73,000 | $143,000 | $2,472 |
| 2011 | $95,000 | $98,000 | $193,000 | $2,552 |
| 2010 | $103,000 | $98,000 | $201,000 | $2,571 |
| 2009 | $168,000 | $76,000 | $244,000 | $2,712 |
| 2007 | $153,000 | $73,000 | $226,000 | $2,419 |
Property facts
Year built
1962
Property type
single_family
Stories
—
Beds
4
Baths
2
Living area
1,940 sqft
Lot size
8,040 sqft
ZIP code
98003
City
Federal Way
Street
2nd Ave
Coordinates
47.33009, -122.33220
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$4,462
Gross rental yield
10.73%
Implied cap rate
6.97%
Trend-extrapolated value
—
Frequently asked questions
When did 30242 2nd Ave last sell?
30242 2nd Ave most recently sold on Jun 15, 2022 for $499,000.
What is the current tax assessment for 30242 2nd Ave?
The most recent total assessment for 30242 2nd Ave (year 2025) is $498,000 with $965 in property tax.
How does 30242 2nd Ave's assessment compare to its last sale price?
The current assessment is 0.2% below the last sale price of $499,000.
When was 30242 2nd Ave built?
30242 2nd Ave was built in 1962.
How does 30242 2nd Ave compare to others on 2nd Ave?
We track 8 other properties on 2nd Ave. Browse the list under "Other properties on 2nd Ave" to compare beds, baths, and sale history.
What are the property facts for 30242 2nd Ave?
30242 2nd Ave is a 4 bed, 2 bath, 1,940 sqft, 8,040 sqft lot single_family.
Is 30242 2nd Ave a flip candidate?
No — 30242 2nd Ave does not appear in our flips dataset.
Is 30242 2nd Ave a tax-appeal candidate?
No — 30242 2nd Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-0.5%
Implied 1-yr
-1.8%
2026 Q3
$810K
2026 Q4
$810K
ZIP 98003 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 2nd Ave