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609 305th St

Federal Way, WA 98023

3 bd 1 ba 800 sqft Built 1959 Lot 8,640 sqft single_family
Most recent sale
$450,000
Aug 4, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 4, 2022 Sold $450,000 MLS #1947415
Jun 7, 2022 Listed $439,000 MLS #1947415
Oct 26, 2010 Sold $84,000 Public Record
Oct 3, 2010 Listing removed $87,900 NWMLS
Oct 1, 2010 Listing removed $87,900 NWMLS
Oct 1, 2010 Listed $87,900 MLS #138427
Sep 10, 2010 Price changed $87,900 MLS #79985
Aug 25, 2010 Price changed $94,900 MLS #79985
Aug 10, 2010 Price changed $99,900 MLS #79985
Jul 21, 2010 Price changed $104,900 MLS #79985
Jul 15, 2010 Price changed $107,900 MLS #79985
Jul 3, 2010 Price changed $114,900 MLS #79985
Jun 17, 2010 Price changed $118,900 MLS #79985
Jun 8, 2010 Relisted $124,900 MLS #79985
Jun 5, 2010 Listing removed $124,900 NWMLS
Jun 1, 2010 Relisted $124,900 MLS #79985
May 28, 2010 Listing removed $124,900 NWMLS
May 27, 2010 Listed $124,900 MLS #79985
Nov 22, 2006 Sold $245,000 Public Record
May 30, 2002 Sold $141,000 Public Record
Jul 1, 1981 Sold $50,250 Public Record
Jun 8, 1979 Sold $43,500 Public Record
Apr 12, 1978 Sold $29,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $308,000 $139,000 $447,000 $4,235
2024 $283,000 $139,000 $422,000 $4,245
2023 $300,000 $115,000 $415,000 $4,134
2022 $209,000 $92,000 $301,000 $3,473
2021 $146,000 $75,000 $221,000 $2,742
2020 $146,000 $75,000 $221,000 $2,515
2019 $143,000 $63,000 $206,000 $2,325
2018 $137,000 $60,000 $197,000 $2,544
2017 $120,000 $55,000 $175,000 $2,178
2016 $99,000 $50,000 $149,000 $2,123
2015 $91,000 $48,000 $139,000 $1,972
2014 $84,000 $48,000 $132,000 $1,993
2013 $64,000 $57,000 $121,000 $1,943
2012 $58,000 $57,000 $115,000 $2,009
2011 $79,000 $77,000 $156,000 $2,079
2010 $86,000 $77,000 $163,000 $2,101
2009 $115,000 $76,000 $191,000 $2,142
2007 $104,000 $73,000 $177,000 $1,907

Property facts

Year built
1959
Property type
single_family
Stories
Beds
3
Baths
1
Living area
800 sqft
Lot size
8,640 sqft
ZIP code
98023
City
Federal Way
Street
305th St
Coordinates
47.32857, -122.34293

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,840
Gross rental yield
4.91%
Implied cap rate
3.19%
Trend-extrapolated value

Frequently asked questions

When did 609 305th St last sell?
609 305th St most recently sold on Aug 4, 2022 for $450,000.
What is the current tax assessment for 609 305th St?
The most recent total assessment for 609 305th St (year 2025) is $447,000 with $4,235 in property tax.
How does 609 305th St's assessment compare to its last sale price?
The current assessment is 0.7% below the last sale price of $450,000.
When was 609 305th St built?
609 305th St was built in 1959.
How does 609 305th St compare to others on 305th St?
We track 8 other properties on 305th St. Browse the list under "Other properties on 305th St" to compare beds, baths, and sale history.
What are the property facts for 609 305th St?
609 305th St is a 3 bed, 1 bath, 800 sqft, 8,640 sqft lot single_family.
Is 609 305th St a flip candidate?
No — 609 305th St does not appear in our flips dataset.
Is 609 305th St a tax-appeal candidate?
No — 609 305th 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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