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824 318th St

Federal Way, WA 98003

3 bd 2 ba 1,086 sqft Built 1959 Lot 8,580 sqft single_family
Most recent sale
$540,000
Jun 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 14, 2022 Sold $540,000 MLS #1934812
May 26, 2022 Listed $498,950 MLS #1934812
May 25, 2005 Sold $195,000 Public Record
Jul 29, 1999 Sold $129,950 Public Record
May 15, 1991 Sold $89,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $285,000 $174,000 $459,000 $4,506
2024 $271,000 $174,000 $445,000 $4,468
2023 $295,000 $143,000 $438,000 $4,353
2022 $233,000 $114,000 $347,000 $3,978
2021 $208,000 $93,000 $301,000 $3,678
2020 $208,000 $93,000 $301,000 $3,389
2019 $203,000 $78,000 $281,000 $3,135
2018 $194,000 $75,000 $269,000 $3,436
2017 $170,000 $69,000 $239,000 $2,930
2016 $140,000 $63,000 $203,000 $2,850
2015 $129,000 $60,000 $189,000 $2,654
2014 $120,000 $60,000 $180,000 $2,276
2013 $66,000 $73,000 $139,000 $2,218
2012 $59,000 $73,000 $132,000 $2,295
2011 $81,000 $98,000 $179,000 $2,373
2010 $89,000 $98,000 $187,000 $2,398
2009 $143,000 $76,000 $219,000 $2,443
2007 $130,000 $73,000 $203,000 $2,135

Property facts

Year built
1959
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,086 sqft
Lot size
8,580 sqft
ZIP code
98003
City
Federal Way
Street
318th St
Coordinates
47.31618, -122.32268

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,498
Gross rental yield
5.55%
Implied cap rate
3.61%
Trend-extrapolated value

Frequently asked questions

When did 824 318th St last sell?
824 318th St most recently sold on Jun 14, 2022 for $540,000.
What is the current tax assessment for 824 318th St?
The most recent total assessment for 824 318th St (year 2025) is $459,000 with $4,506 in property tax.
How does 824 318th St's assessment compare to its last sale price?
The current assessment is 15.0% below the last sale price of $540,000.
When was 824 318th St built?
824 318th St was built in 1959.
How does 824 318th St compare to others on 318th St?
We track 8 other properties on 318th St. Browse the list under "Other properties on 318th St" to compare beds, baths, and sale history.
What are the property facts for 824 318th St?
824 318th St is a 3 bed, 2 bath, 1,086 sqft, 8,580 sqft lot single_family.
Is 824 318th St a flip candidate?
No — 824 318th St does not appear in our flips dataset.
Is 824 318th St a tax-appeal candidate?
No — 824 318th 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
-0.5%
Implied 1-yr
-1.8%
2026 Q3
$810K
2026 Q4
$810K
ZIP 98003 — Median Price History + Forecast

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