318 302nd Pl
Federal Way, WA 98003
4 bd 3 ba 2,500 sqft Built 1988 Lot 8,093 sqft single_family
Most recent sale
$825,000
May 25, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 25, 2022 | Sold | $825,000 | MLS #1922107 |
| Apr 26, 2022 | Listed | $775,000 | MLS #1922107 |
| Nov 25, 2020 | Sold | $533,000 | MLS #1679572 |
| Oct 20, 2020 | Listed | $529,000 | MLS #1679572 |
| Oct 15, 1999 | Sold | $228,450 | Public Record |
| Oct 14, 1999 | Sold | $228,450 | Public Record |
| Aug 29, 1988 | Sold | $134,250 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $477,000 | $234,000 | $711,000 | $6,832 |
| 2024 | $455,000 | $234,000 | $689,000 | $6,807 |
| 2023 | $445,000 | $192,000 | $637,000 | $6,246 |
| 2022 | $352,000 | $153,000 | $505,000 | $5,712 |
| 2021 | $357,000 | $127,000 | $484,000 | $5,819 |
| 2020 | $345,000 | $106,000 | $451,000 | $5,371 |
| 2019 | $331,000 | $101,000 | $432,000 | $4,967 |
| 2018 | $291,000 | $92,000 | $383,000 | $5,442 |
| 2017 | $241,000 | $84,000 | $325,000 | $4,629 |
| 2016 | $222,000 | $80,000 | $302,000 | $4,494 |
| 2015 | $207,000 | $80,000 | $287,000 | $4,172 |
| 2014 | $127,000 | $89,000 | $216,000 | $3,488 |
| 2013 | $117,000 | $89,000 | $206,000 | $3,411 |
| 2012 | $148,000 | $119,000 | $267,000 | $3,384 |
| 2011 | $159,000 | $119,000 | $278,000 | $3,496 |
| 2010 | $159,000 | $119,000 | $278,000 | $3,522 |
| 2009 | $260,000 | $84,000 | $344,000 | $3,788 |
| 2007 | $239,000 | $80,000 | $319,000 | $3,307 |
Property facts
Year built
1988
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,500 sqft
Lot size
8,093 sqft
ZIP code
98003
City
Federal Way
Street
302nd Pl
Coordinates
47.33023, -122.33104
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$5,750
Gross rental yield
8.36%
Implied cap rate
5.44%
Trend-extrapolated value
—
Frequently asked questions
When did 318 302nd Pl last sell?
318 302nd Pl most recently sold on May 25, 2022 for $825,000.
What is the current tax assessment for 318 302nd Pl?
The most recent total assessment for 318 302nd Pl (year 2025) is $711,000 with $6,832 in property tax.
How does 318 302nd Pl's assessment compare to its last sale price?
The current assessment is 13.8% below the last sale price of $825,000.
When was 318 302nd Pl built?
318 302nd Pl was built in 1988.
How does 318 302nd Pl compare to others on 302nd Pl?
We track 8 other properties on 302nd Pl. Browse the list under "Other properties on 302nd Pl" to compare beds, baths, and sale history.
What are the property facts for 318 302nd Pl?
318 302nd Pl is a 4 bed, 3 bath, 2,500 sqft, 8,093 sqft lot single_family.
Is 318 302nd Pl a flip candidate?
Yes — 318 302nd Pl appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 318 302nd Pl a tax-appeal candidate?
No — 318 302nd Pl 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 302nd Pl