5312 315th St
Federal Way, WA 98023
5 bd 3 ba 2,940 sqft Built 1963 Lot 22,821 sqft single_family
Most recent sale
$1,410,000
Apr 5, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 5, 2022 | Sold | $1,410,000 | Public Record |
| Mar 4, 2022 | Listed | $1,100,000 | MLS #1889053 |
| Oct 12, 2016 | Sold | $525,000 | Public Record |
| Aug 26, 2016 | Listing removed | $525,000 | NWMLS |
| Aug 25, 2016 | Listed | $525,000 | MLS #1019499 |
| May 23, 2013 | Listing removed | $375,000 | NWMLS |
| May 3, 2013 | Sold | $360,000 | Public Record |
| Mar 21, 2013 | Price changed | $375,000 | MLS #385324 |
| Jan 15, 2013 | Relisted | $399,900 | MLS #385324 |
| Jan 2, 2013 | Listing removed | $419,000 | NWMLS |
| Jul 23, 2012 | Listed | $419,000 | MLS #385324 |
| Jul 1, 2012 | Listing removed | $429,000 | NWMLS |
| Mar 17, 2012 | Price changed | $429,000 | MLS #25020 |
| Oct 24, 2011 | Price changed | $449,000 | MLS #25020 |
| Jul 7, 2011 | Relisted | $465,000 | MLS #25020 |
| Jul 1, 2011 | Listing removed | $475,000 | NWMLS |
| Jan 14, 2011 | Price changed | $475,000 | MLS #25020 |
| Aug 10, 2010 | Price changed | $499,000 | MLS #25020 |
| Feb 16, 2010 | Listed | $559,950 | MLS #25020 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $508,000 | $475,000 | $983,000 | $8,985 |
| 2024 | $552,000 | $373,000 | $925,000 | $9,051 |
| 2023 | $558,000 | $344,000 | $902,000 | $8,768 |
| 2022 | $314,000 | $313,000 | $627,000 | $7,051 |
| 2021 | $247,000 | $288,000 | $535,000 | $6,415 |
| 2020 | $247,000 | $288,000 | $535,000 | $6,141 |
| 2019 | $245,000 | $272,000 | $517,000 | $5,788 |
| 2018 | $254,000 | $251,000 | $505,000 | $6,530 |
| 2017 | $226,000 | $235,000 | $461,000 | $5,855 |
| 2016 | $178,000 | $235,000 | $413,000 | $5,746 |
| 2015 | $170,000 | $218,000 | $388,000 | $5,252 |
| 2014 | $160,000 | $203,000 | $363,000 | $5,284 |
| 2013 | $136,000 | $194,000 | $330,000 | $4,719 |
| 2012 | $75,000 | $212,000 | $287,000 | $4,257 |
| 2011 | $87,000 | $277,000 | $364,000 | $4,735 |
| 2010 | $87,000 | $277,000 | $364,000 | $4,585 |
| 2009 | $164,000 | $277,000 | $441,000 | $4,832 |
| 2007 | $192,000 | $217,000 | $409,000 | $4,229 |
Property facts
Year built
1963
Property type
single_family
Stories
—
Beds
5
Baths
3
Living area
2,940 sqft
Lot size
22,821 sqft
ZIP code
98023
City
Federal Way
Street
315th St
Coordinates
47.32069, -122.40119
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$6,762
Gross rental yield
5.75%
Implied cap rate
3.74%
Trend-extrapolated value
—
Frequently asked questions
When did 5312 315th St last sell?
5312 315th St most recently sold on Apr 5, 2022 for $1,410,000.
What is the current tax assessment for 5312 315th St?
The most recent total assessment for 5312 315th St (year 2025) is $983,000 with $8,985 in property tax.
How does 5312 315th St's assessment compare to its last sale price?
The current assessment is 30.3% below the last sale price of $1,410,000.
When was 5312 315th St built?
5312 315th St was built in 1963.
How does 5312 315th St compare to others on 315th St?
We track 8 other properties on 315th St. Browse the list under "Other properties on 315th St" to compare beds, baths, and sale history.
What are the property facts for 5312 315th St?
5312 315th St is a 5 bed, 3 bath, 2,940 sqft, 22,821 sqft lot single_family.
Is 5312 315th St a flip candidate?
No — 5312 315th St does not appear in our flips dataset.
Is 5312 315th St a tax-appeal candidate?
No — 5312 315th St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-0.7%
Implied 1-yr
-2.8%
2026 Q3
$657.5K
2026 Q4
$652.6K
ZIP 98023 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 315th St