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5112 311th Pl

Federal Way, WA 98023

3 bd 3 ba 2,640 sqft Built 1973 Lot 68,577 sqft single_family
Most recent sale
$1,000,000
Apr 9, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 18, 2025 Listed $1,600,000 NWMLS
Apr 26, 2025 Listed $1,599,900 NWMLS
Mar 4, 2023 Price changed for rent $5,950 NWMLS
Feb 21, 2023 Price changed $1,799,000 NWMLS
Jan 14, 2023 Listed for rent $6,800 NWMLS
Jan 6, 2023 Listed $1,830,800 NWMLS
Jun 21, 2022 Price changed $2,038,800 MLS #1931437
May 11, 2022 Listed $2,138,800 MLS #1931437
Apr 9, 2021 Sold $1,000,000 MLS #1672181
Feb 28, 2021 Price changed $1,150,000 MLS #1672181
Nov 15, 2020 Listed $1,290,000 MLS #1672181

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $851,000 $831,000 $1,682,000 $17,597
2024 $946,000 $922,000 $1,868,000 $15,604
2023 $719,000 $850,000 $1,569,000 $15,114
2022 $465,000 $773,000 $1,238,000 $13,757
2021 $346,000 $710,000 $1,056,000 $12,511
2020 $283,000 $670,000 $953,000 $11,225
2019 $329,000 $515,000 $844,000 $9,599
2018 $288,000 $482,000 $770,000 $10,836
2017 $208,000 $482,000 $690,000 $9,714
2016 $200,000 $448,000 $648,000 $9,529
2015 $188,000 $418,000 $606,000 $8,701
2014 $113,000 $399,000 $512,000 $8,150
2013 $70,000 $505,000 $575,000 $9,367
2012 $71,000 $658,000 $729,000 $8,440
2011 $71,000 $658,000 $729,000 $9,395
2010 $71,000 $658,000 $729,000 $9,095
2009 $226,000 $658,000 $884,000 $9,597
2007 $361,000 $401,000 $762,000 $7,791

Property facts

Year built
1973
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
2,640 sqft
Lot size
68,577 sqft
ZIP code
98023
City
Federal Way
Street
311th Pl
Coordinates
47.32411, -122.39934

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$6,072
Gross rental yield
7.29%
Implied cap rate
4.74%
Trend-extrapolated value

Frequently asked questions

When did 5112 311th Pl last sell?
5112 311th Pl most recently sold on Apr 9, 2021 for $1,000,000.
What is the current tax assessment for 5112 311th Pl?
The most recent total assessment for 5112 311th Pl (year 2025) is $1,682,000 with $17,597 in property tax.
How does 5112 311th Pl's assessment compare to its last sale price?
The current assessment is 68.2% above the last sale price of $1,000,000.
When was 5112 311th Pl built?
5112 311th Pl was built in 1973.
How does 5112 311th Pl compare to others on 311th Pl?
We track 8 other properties on 311th Pl. Browse the list under "Other properties on 311th Pl" to compare beds, baths, and sale history.
What are the property facts for 5112 311th Pl?
5112 311th Pl is a 3 bed, 3 bath, 2,640 sqft, 68,577 sqft lot single_family.
Is 5112 311th Pl a flip candidate?
No — 5112 311th Pl does not appear in our flips dataset.
Is 5112 311th Pl a tax-appeal candidate?
Yes — 5112 311th Pl appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

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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