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5414 315th St

Federal Way, WA 98023

4 bd 3 ba 3,680 sqft Built 1972 Lot 29,814 sqft single_family
Most recent sale
$1,030,000
Aug 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 29, 2022 Sold $1,030,000 MLS #1961782
Jul 2, 2022 Listed $1,100,000 MLS #1961782
Jun 5, 1981 Sold $111,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $479,000 $462,000 $941,000 $8,789
2024 $537,000 $359,000 $896,000 $8,776
2023 $543,000 $331,000 $874,000 $8,501
2022 $407,000 $301,000 $708,000 $7,940
2021 $327,000 $277,000 $604,000 $7,223
2020 $327,000 $277,000 $604,000 $6,911
2019 $321,000 $262,000 $583,000 $7,565
2018 $412,000 $251,000 $663,000 $8,537
2017 $370,000 $235,000 $605,000 $7,652
2016 $307,000 $235,000 $542,000 $7,172
2015 $268,000 $218,000 $486,000 $6,544
2014 $251,000 $203,000 $454,000 $6,591
2013 $219,000 $194,000 $413,000 $6,156
2012 $164,000 $212,000 $376,000 $5,552
2011 $200,000 $277,000 $477,000 $6,178
2010 $200,000 $277,000 $477,000 $5,981
2009 $301,000 $277,000 $578,000 $6,306
2007 $254,000 $217,000 $471,000 $5,174

Property facts

Year built
1972
Property type
single_family
Stories
Beds
4
Baths
3
Living area
3,680 sqft
Lot size
29,814 sqft
ZIP code
98023
City
Federal Way
Street
315th St
Coordinates
47.32090, -122.40250

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$8,464
Gross rental yield
9.86%
Implied cap rate
6.41%
Trend-extrapolated value

Frequently asked questions

When did 5414 315th St last sell?
5414 315th St most recently sold on Aug 29, 2022 for $1,030,000.
What is the current tax assessment for 5414 315th St?
The most recent total assessment for 5414 315th St (year 2025) is $941,000 with $8,789 in property tax.
How does 5414 315th St's assessment compare to its last sale price?
The current assessment is 8.6% below the last sale price of $1,030,000.
When was 5414 315th St built?
5414 315th St was built in 1972.
How does 5414 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 5414 315th St?
5414 315th St is a 4 bed, 3 bath, 3,680 sqft, 29,814 sqft lot single_family.
Is 5414 315th St a flip candidate?
No — 5414 315th St does not appear in our flips dataset.
Is 5414 315th St a tax-appeal candidate?
No — 5414 315th 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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