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2440 306th Pl

Federal Way, WA 98023

4 bd 3 ba 2,180 sqft Built 1976 Lot 7,200 sqft single_family
Most recent sale
$675,000
Jul 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 8, 2022 Sold $675,000 MLS #1951130
Jun 15, 2022 Listed $675,000 MLS #1951130
Mar 29, 2013 Sold $309,500 MLS #381071
Jan 28, 2013 Price changed $319,000 MLS #381071
Dec 15, 2012 Price changed $327,900 MLS #381071
Sep 12, 2012 Price changed $334,900 MLS #381071
Jul 12, 2012 Listed $349,950 MLS #381071

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $364,000 $333,000 $697,000 $6,776
2024 $445,000 $240,000 $685,000 $6,754
2023 $446,000 $222,000 $668,000 $6,541
2022 $334,000 $202,000 $536,000 $6,052
2021 $249,000 $186,000 $435,000 $5,245
2020 $249,000 $186,000 $435,000 $5,010
2019 $244,000 $176,000 $420,000 $4,844
2018 $265,000 $156,000 $421,000 $5,457
2017 $238,000 $146,000 $384,000 $4,894
2016 $198,000 $146,000 $344,000 $4,596
2015 $173,000 $136,000 $309,000 $4,201
2014 $162,000 $127,000 $289,000 $4,229
2013 $142,000 $121,000 $263,000 $4,429
2012 $74,000 $195,000 $269,000 $3,998
2011 $86,000 $255,000 $341,000 $4,441
2010 $86,000 $255,000 $341,000 $4,301
2009 $159,000 $255,000 $414,000 $4,541
2007 $228,000 $91,000 $319,000 $3,318

Property facts

Year built
1976
Property type
single_family
Stories
Beds
4
Baths
3
Living area
2,180 sqft
Lot size
7,200 sqft
ZIP code
98023
City
Federal Way
Street
306th Pl
Coordinates
47.32769, -122.36551

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,014
Gross rental yield
8.91%
Implied cap rate
5.79%
Trend-extrapolated value

Frequently asked questions

When did 2440 306th Pl last sell?
2440 306th Pl most recently sold on Jul 8, 2022 for $675,000.
What is the current tax assessment for 2440 306th Pl?
The most recent total assessment for 2440 306th Pl (year 2025) is $697,000 with $6,776 in property tax.
How does 2440 306th Pl's assessment compare to its last sale price?
The current assessment is 3.3% above the last sale price of $675,000.
When was 2440 306th Pl built?
2440 306th Pl was built in 1976.
How does 2440 306th Pl compare to others on 306th Pl?
We track 8 other properties on 306th Pl. Browse the list under "Other properties on 306th Pl" to compare beds, baths, and sale history.
What are the property facts for 2440 306th Pl?
2440 306th Pl is a 4 bed, 3 bath, 2,180 sqft, 7,200 sqft lot single_family.
Is 2440 306th Pl a flip candidate?
No — 2440 306th Pl does not appear in our flips dataset.
Is 2440 306th Pl a tax-appeal candidate?
No — 2440 306th Pl 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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