2412 316th St
Federal Way, WA 98023
5 bd 3 ba 2,660 sqft Built 1964 Lot 22,100 sqft single_family
Most recent sale
$700,000
Jun 10, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 10, 2022 | Sold | $700,000 | MLS #1937110 |
| May 20, 2022 | Listed | $699,950 | MLS #1937110 |
| Jun 22, 1995 | Sold | $171,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $470,000 | $222,000 | $692,000 | $6,681 |
| 2024 | $448,000 | $222,000 | $670,000 | $6,627 |
| 2023 | $477,000 | $182,000 | $659,000 | $6,456 |
| 2022 | $384,000 | $145,000 | $529,000 | $5,976 |
| 2021 | $354,000 | $129,000 | $483,000 | $5,807 |
| 2020 | $354,000 | $129,000 | $483,000 | $5,523 |
| 2019 | $356,000 | $108,000 | $464,000 | $5,102 |
| 2018 | $341,000 | $103,000 | $444,000 | $5,499 |
| 2017 | $293,000 | $94,000 | $387,000 | $4,978 |
| 2016 | $264,000 | $86,000 | $350,000 | $4,829 |
| 2015 | $243,000 | $82,000 | $325,000 | $4,471 |
| 2014 | $226,000 | $82,000 | $308,000 | $3,678 |
| 2013 | $171,000 | $57,000 | $228,000 | $3,509 |
| 2012 | $155,000 | $57,000 | $212,000 | $3,480 |
| 2011 | $198,000 | $77,000 | $275,000 | $3,599 |
| 2010 | $210,000 | $77,000 | $287,000 | $3,634 |
| 2009 | $297,000 | $84,000 | $381,000 | $4,186 |
| 2007 | $273,000 | $80,000 | $353,000 | $3,717 |
Property facts
Year built
1964
Property type
single_family
Stories
—
Beds
5
Baths
3
Living area
2,660 sqft
Lot size
22,100 sqft
ZIP code
98023
City
Federal Way
Street
316th St
Coordinates
47.31915, -122.36404
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$6,118
Gross rental yield
10.49%
Implied cap rate
6.82%
Trend-extrapolated value
—
Frequently asked questions
When did 2412 316th St last sell?
2412 316th St most recently sold on Jun 10, 2022 for $700,000.
What is the current tax assessment for 2412 316th St?
The most recent total assessment for 2412 316th St (year 2025) is $692,000 with $6,681 in property tax.
How does 2412 316th St's assessment compare to its last sale price?
The current assessment is 1.1% below the last sale price of $700,000.
When was 2412 316th St built?
2412 316th St was built in 1964.
How does 2412 316th St compare to others on 316th St?
We track 8 other properties on 316th St. Browse the list under "Other properties on 316th St" to compare beds, baths, and sale history.
What are the property facts for 2412 316th St?
2412 316th St is a 5 bed, 3 bath, 2,660 sqft, 22,100 sqft lot single_family.
Is 2412 316th St a flip candidate?
No — 2412 316th St does not appear in our flips dataset.
Is 2412 316th St a tax-appeal candidate?
No — 2412 316th 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 316th St