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1934 318th Pl

Federal Way, WA 98023

2 bd 3 ba 1,207 sqft Built 1978 Lot 780,789 sqft condo
Most recent sale
$315,000
Aug 5, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 5, 2022 Sold $315,000 Public Record
Jul 1, 2022 Price changed $319,950 MLS #1943328
Jun 28, 2022 Price changed $349,950 MLS #1943328
Jun 27, 2022 Price changed $319,950 MLS #1943328
Jun 26, 2022 Price changed $329,950 MLS #1943328
Jun 21, 2022 Listed $349,950 MLS #1943328
May 6, 2020 Sold $225,000 MLS #1582164
Mar 23, 2020 Listed $212,950 MLS #1582164
May 13, 2017 Listing removed $1,550 AppfolioUnits
May 5, 2017 Listed for rent $1,550 AppfolioUnits
Feb 6, 2017 Sold $121,399 MLS #1050897
Dec 6, 2016 Price changed $123,600 MLS #1050897
Nov 9, 2016 Listed $133,600 MLS #1050897
Jun 3, 2016 Listing removed $137,800 NWMLS
May 31, 2016 Listed $137,800 MLS #952378
May 2, 2011 Listing removed $80,000 NWMLS
Mar 1, 2011 Price changed $80,000 MLS #150152
Jan 27, 2011 Price changed $90,000 MLS #150152
Nov 3, 2010 Listed $135,000 MLS #150152
Mar 26, 1998 Sold $73,000 Public Record
May 8, 1987 Sold $46,653 Public Record
Sep 28, 1984 Sold $46,000 Public Record
May 16, 1979 Sold $37,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $231,500 $57,500 $289,000 $3,487
2024 $239,200 $55,800 $295,000 $3,395
2023 $226,200 $34,800 $261,000 $2,627
2022 $176,700 $31,300 $208,000 $2,414
2021 $162,700 $31,300 $194,000 $2,391
2020 $162,700 $31,300 $194,000 $2,146
2019 $148,100 $27,900 $176,000 $1,913
2018 $134,100 $27,900 $162,000 $2,052
2017 $113,100 $27,900 $141,000 $1,756
2016 $95,600 $24,400 $120,000 $1,669
2015 $84,600 $24,400 $109,000 $1,388
2014 $71,100 $20,900 $92,000 $1,048
2013 $41,100 $20,900 $62,000 $4,635
2012 $57,100 $20,900 $78,000 $1,639
2011 $115,100 $20,900 $136,000 $1,809
2010 $127,200 $20,800 $148,000 $1,901
2009 $140,200 $20,800 $161,000 $1,804
2007 $130,100 $20,900 $151,000 $1,551

Property facts

Year built
1978
Property type
condo
Stories
2
Beds
2
Baths
3
Living area
1,207 sqft
Lot size
780,789 sqft
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 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,776
Gross rental yield
10.58%
Implied cap rate
6.87%
Trend-extrapolated value

Frequently asked questions

When did 1934 318th Pl last sell?
1934 318th Pl most recently sold on Aug 5, 2022 for $315,000.
What is the current tax assessment for 1934 318th Pl?
The most recent total assessment for 1934 318th Pl (year 2025) is $289,000 with $3,487 in property tax.
How does 1934 318th Pl's assessment compare to its last sale price?
The current assessment is 8.3% below the last sale price of $315,000.
When was 1934 318th Pl built?
1934 318th Pl was built in 1978.
How does 1934 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 1934 318th Pl?
1934 318th Pl is a 2 bed, 3 bath, 1,207 sqft, 780,789 sqft lot condo.
Is 1934 318th Pl a flip candidate?
No — 1934 318th Pl does not appear in our flips dataset.
Is 1934 318th Pl a tax-appeal candidate?
No — 1934 318th Pl 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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