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522 302nd St

Federal Way, WA 98023

3 bd 1 ba 1,140 sqft Built 1963 Lot 8,400 sqft single_family
Most recent sale
$562,000
Jun 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 22, 2022 Sold $562,000 Public Record
Jun 21, 2022 Sold $562,000 MLS #1938586
May 25, 2022 Listed $515,000 MLS #1938586
Mar 1, 2022 Sold $380,000 MLS #1896074
Aug 28, 2018 Listed $339,999 MLS #1353112
Oct 6, 2015 Listing removed $120,000 NWMLS
Sep 12, 2012 Sold $120,199 Public Record
Jun 22, 2012 Listed $120,000 MLS #372897
Mar 24, 2003 Sold $169,900 Public Record
Apr 23, 1998 Sold $121,600 Public Record
Oct 11, 1989 Sold $80,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $360,000 $138,000 $498,000 $4,736
2024 $333,000 $138,000 $471,000 $4,722
2023 $350,000 $114,000 $464,000 $4,600
2022 $240,000 $91,000 $331,000 $3,803
2021 $185,000 $72,000 $257,000 $3,163
2020 $185,000 $72,000 $257,000 $2,911
2019 $180,000 $60,000 $240,000 $2,696
2018 $172,000 $58,000 $230,000 $2,948
2017 $151,000 $53,000 $204,000 $2,512
2016 $124,000 $49,000 $173,000 $2,443
2015 $114,000 $47,000 $161,000 $2,271
2014 $106,000 $47,000 $153,000 $2,339
2013 $70,000 $73,000 $143,000 $2,282
2012 $63,000 $73,000 $136,000 $2,349
2011 $86,000 $98,000 $184,000 $2,437
2010 $94,000 $98,000 $192,000 $2,460
2009 $154,000 $71,000 $225,000 $2,508
2007 $141,000 $68,000 $209,000 $2,203

Property facts

Year built
1963
Property type
single_family
Stories
Beds
3
Baths
1
Living area
1,140 sqft
Lot size
8,400 sqft
ZIP code
98023
City
Federal Way
Street
302nd St
Coordinates
47.33148, -122.34219

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,622
Gross rental yield
5.60%
Implied cap rate
3.64%
Trend-extrapolated value

Frequently asked questions

When did 522 302nd St last sell?
522 302nd St most recently sold on Jun 22, 2022 for $562,000.
What is the current tax assessment for 522 302nd St?
The most recent total assessment for 522 302nd St (year 2025) is $498,000 with $4,736 in property tax.
How does 522 302nd St's assessment compare to its last sale price?
The current assessment is 11.4% below the last sale price of $562,000.
When was 522 302nd St built?
522 302nd St was built in 1963.
How does 522 302nd St compare to others on 302nd St?
We track 8 other properties on 302nd St. Browse the list under "Other properties on 302nd St" to compare beds, baths, and sale history.
What are the property facts for 522 302nd St?
522 302nd St is a 3 bed, 1 bath, 1,140 sqft, 8,400 sqft lot single_family.
Is 522 302nd St a flip candidate?
Yes — 522 302nd St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 522 302nd St a tax-appeal candidate?
No — 522 302nd 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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