1828 318th Pl
Federal Way, WA 98023
2 bd 2 ba 1,207 sqft Built 1978 condos
Most recent sale
$300,000
Jul 15, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 17, 2024 | Sold | $334,950 | NWMLS |
| Feb 29, 2024 | Listed | $334,950 | NWMLS |
| Jul 15, 2022 | Sold | $300,000 | MLS #1949804 |
| Jun 10, 2022 | Listed | $278,750 | MLS #1949804 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $237,500 | $57,500 | $295,000 | $3,542 |
| 2024 | $245,200 | $55,800 | $301,000 | $3,459 |
| 2023 | $230,200 | $34,800 | $265,000 | $2,665 |
| 2022 | $178,700 | $31,300 | $210,000 | $2,436 |
| 2021 | $166,700 | $31,300 | $198,000 | $2,437 |
| 2020 | $166,700 | $31,300 | $198,000 | $2,181 |
| 2019 | $151,100 | $27,900 | $179,000 | $1,936 |
| 2018 | $136,100 | $27,900 | $164,000 | $2,094 |
| 2017 | $116,100 | $27,900 | $144,000 | $1,826 |
| 2016 | $100,600 | $24,400 | $125,000 | $1,742 |
| 2015 | $89,600 | $24,400 | $114,000 | $1,459 |
| 2014 | $76,100 | $20,900 | $97,000 | $1,111 |
| 2013 | $45,100 | $20,900 | $66,000 | $1,395 |
| 2012 | $61,100 | $20,900 | $82,000 | $1,735 |
| 2011 | $121,100 | $20,900 | $142,000 | $1,885 |
| 2010 | $132,200 | $20,800 | $153,000 | $1,963 |
| 2009 | $147,200 | $20,800 | $168,000 | $1,879 |
| 2007 | $133,100 | $20,900 | $154,000 | $1,551 |
Property facts
Year built
1978
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
1,207 sqft
Lot size
—
ZIP code
98023
City
Federal Way
Street
318th Pl
Coordinates
47.31621, -122.35820
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
$2,776
Gross rental yield
11.10%
Implied cap rate
7.22%
Trend-extrapolated value
—
Frequently asked questions
When did 1828 318th Pl last sell?
1828 318th Pl most recently sold on Jul 15, 2022 for $300,000.
What is the current tax assessment for 1828 318th Pl?
The most recent total assessment for 1828 318th Pl (year 2025) is $295,000 with $3,542 in property tax.
How does 1828 318th Pl's assessment compare to its last sale price?
The current assessment is 1.7% below the last sale price of $300,000.
When was 1828 318th Pl built?
1828 318th Pl was built in 1978.
How does 1828 318th Pl compare to others on 318th Pl?
We track 8 other properties on 318th Pl. Browse the list under "Other properties on 318th Pl" to compare beds, baths, and sale history.
What are the property facts for 1828 318th Pl?
1828 318th Pl is a 2 bed, 2 bath, 1,207 sqft condos.
Is 1828 318th Pl a flip candidate?
No — 1828 318th Pl does not appear in our flips dataset.
Is 1828 318th Pl a tax-appeal candidate?
No — 1828 318th Pl 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 318th Pl