37206 2nd Ave
Federal Way, WA 98023
3 bd 2 ba 1,400 sqft Built 1979 Lot 12,000 sqft single_family
Most recent sale
$535,000
Apr 8, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 8, 2022 | Sold | $535,000 | MLS #1896863 |
| Mar 9, 2022 | Listed | $450,000 | MLS #1896863 |
| Dec 10, 2019 | Listed for rent | $1,950 | ShowMojo |
| Oct 3, 2006 | Sold | $269,450 | Public Record |
| Dec 21, 2005 | Sold | $238,000 | Public Record |
| May 4, 2000 | Sold | $136,000 | Public Record |
| Mar 18, 1998 | Sold | $112,000 | Public Record |
| May 29, 1980 | Sold | $56,750 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $361,000 | $154,000 | $515,000 | $4,962 |
| 2024 | $348,000 | $148,000 | $496,000 | $4,955 |
| 2023 | $348,000 | $137,000 | $485,000 | $4,800 |
| 2022 | $227,000 | $120,000 | $347,000 | $3,978 |
| 2021 | $198,000 | $78,000 | $276,000 | $3,385 |
| 2020 | $198,000 | $78,000 | $276,000 | $3,284 |
| 2019 | $194,000 | $78,000 | $272,000 | $3,045 |
| 2018 | $183,000 | $78,000 | $261,000 | $3,338 |
| 2017 | $161,000 | $71,000 | $232,000 | $3,027 |
| 2016 | $145,000 | $65,000 | $210,000 | $2,938 |
| 2015 | $133,000 | $62,000 | $195,000 | $2,725 |
| 2014 | $123,000 | $62,000 | $185,000 | $2,512 |
| 2013 | $78,000 | $76,000 | $154,000 | $2,605 |
| 2012 | $80,000 | $76,000 | $156,000 | $2,445 |
| 2011 | $114,000 | $63,000 | $177,000 | $2,347 |
| 2010 | $120,000 | $63,000 | $183,000 | $2,348 |
| 2009 | $157,000 | $63,000 | $220,000 | $2,454 |
| 2007 | $144,000 | $60,000 | $204,000 | $2,169 |
Property facts
Year built
1979
Property type
single_family
Stories
—
Beds
3
Baths
2
Living area
1,400 sqft
Lot size
12,000 sqft
ZIP code
98023
City
Federal Way
Street
2nd Ave
Coordinates
47.26761, -122.33728
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,220
Gross rental yield
7.22%
Implied cap rate
4.69%
Trend-extrapolated value
—
Frequently asked questions
When did 37206 2nd Ave last sell?
37206 2nd Ave most recently sold on Apr 8, 2022 for $535,000.
What is the current tax assessment for 37206 2nd Ave?
The most recent total assessment for 37206 2nd Ave (year 2025) is $515,000 with $4,962 in property tax.
How does 37206 2nd Ave's assessment compare to its last sale price?
The current assessment is 3.7% below the last sale price of $535,000.
When was 37206 2nd Ave built?
37206 2nd Ave was built in 1979.
How does 37206 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 37206 2nd Ave?
37206 2nd Ave is a 3 bed, 2 bath, 1,400 sqft, 12,000 sqft lot single_family.
Is 37206 2nd Ave a flip candidate?
No — 37206 2nd Ave does not appear in our flips dataset.
Is 37206 2nd Ave a tax-appeal candidate?
No — 37206 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
-0.7%
Implied 1-yr
-2.8%
2026 Q3
$657.5K
2026 Q4
$652.6K
ZIP 98023 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 2nd Ave