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2833 308th Ln

Federal Way, WA 98003

3 bd 3 ba 1,380 sqft Built 1954 Lot 14,960 sqft single_family
Most recent sale
$440,000
Apr 21, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 19, 2024 Sold $490,000 Public Record
Apr 21, 2022 Sold $440,000 MLS #1905006
Mar 23, 2022 Listed $400,000 MLS #1905006
Oct 12, 2015 Listing removed $152,500 NWMLS
Aug 26, 2014 Sold $200,000 Public Record
Jun 29, 2009 Sold $150,000 Public Record
Mar 18, 2009 Listed $152,500 MLS #29038829
May 19, 2005 Sold $237,650 Public Record
Nov 29, 1999 Sold $140,350 Public Record
Jul 29, 1996 Sold $113,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $366,000 $158,000 $524,000 $5,251
2023 $338,000 $154,000 $492,000 $4,867
2022 $256,000 $140,000 $396,000 $4,516
2021 $218,000 $121,000 $339,000 $4,122
2020 $218,000 $121,000 $339,000 $3,902
2019 $223,000 $102,000 $325,000 $3,573
2018 $210,000 $98,000 $308,000 $3,965
2017 $179,000 $98,000 $277,000 $3,654
2016 $161,000 $94,000 $255,000 $3,156
2015 $133,000 $77,000 $210,000 $2,725
2014 $113,000 $72,000 $185,000 $2,544
2013 $84,000 $72,000 $156,000 $2,492
2012 $77,000 $72,000 $149,000 $2,268
2011 $91,000 $85,000 $176,000 $2,335
2010 $95,000 $74,000 $169,000 $2,175
2009 $135,000 $74,000 $209,000 $2,336
2007 $123,000 $71,000 $194,000 $2,066

Property facts

Year built
1954
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
1,380 sqft
Lot size
14,960 sqft
ZIP code
98003
City
Federal Way
Street
308th Ln
Coordinates
47.32557, -122.29585

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,174
Gross rental yield
8.66%
Implied cap rate
5.63%
Trend-extrapolated value

Frequently asked questions

When did 2833 308th Ln last sell?
2833 308th Ln most recently sold on Apr 21, 2022 for $440,000.
What is the current tax assessment for 2833 308th Ln?
The most recent total assessment for 2833 308th Ln (year 2024) is $524,000 with $5,251 in property tax.
How does 2833 308th Ln's assessment compare to its last sale price?
The current assessment is 19.1% above the last sale price of $440,000.
When was 2833 308th Ln built?
2833 308th Ln was built in 1954.
How does 2833 308th Ln compare to others on 308th Ln?
We track 7 other properties on 308th Ln. Browse the list under "Other properties on 308th Ln" to compare beds, baths, and sale history.
What are the property facts for 2833 308th Ln?
2833 308th Ln is a 3 bed, 3 bath, 1,380 sqft, 14,960 sqft lot single_family.
Is 2833 308th Ln a flip candidate?
No — 2833 308th Ln does not appear in our flips dataset.
Is 2833 308th Ln a tax-appeal candidate?
No — 2833 308th Ln 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
-0.5%
Implied 1-yr
-1.8%
2026 Q3
$810K
2026 Q4
$810K
ZIP 98003 — Median Price History + Forecast

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