4540 321st St
Federal Way, WA 98023
1 bd 1 ba 593 sqft Built 1977 condos
Most recent sale
$190,000
May 5, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 5, 2022 | Sold | $190,000 | MLS #1934615 |
| Jul 7, 2006 | Sold | $71,950 | Public Record |
| Nov 30, 1995 | Sold | $120,000 | Public Record |
| Dec 24, 1979 | Sold | $114,000 | Public Record |
| Apr 5, 1979 | Sold | $4,125,010 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $142,800 | $32,200 | $175,000 | $2,156 |
| 2024 | $146,800 | $32,200 | $179,000 | $1,910 |
| 2023 | $139,400 | $20,600 | $160,000 | $1,595 |
| 2022 | $104,000 | $18,000 | $122,000 | $1,405 |
| 2021 | $85,000 | $18,000 | $103,000 | $1,266 |
| 2020 | $77,600 | $15,400 | $93,000 | $1,126 |
| 2019 | $58,600 | $15,400 | $74,000 | $872 |
| 2018 | $46,600 | $15,400 | $62,000 | $901 |
| 2017 | $35,600 | $15,400 | $51,000 | $747 |
| 2016 | $30,600 | $15,400 | $46,000 | $705 |
| 2015 | $23,800 | $14,200 | $38,000 | $575 |
| 2014 | $13,800 | $14,200 | $28,000 | $471 |
| 2013 | $24,100 | $12,900 | $37,000 | $628 |
| 2012 | $44,100 | $12,900 | $57,000 | $821 |
| 2011 | $67,200 | $12,800 | $80,000 | $758 |
| 2009 | $73,200 | $12,800 | $86,000 | $956 |
Property facts
Year built
1977
Property type
condos
Stories
—
Beds
1
Baths
1
Living area
593 sqft
Lot size
—
ZIP code
98023
City
Federal Way
Street
321st St
Coordinates
47.31418, -122.39108
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
$1,364
Gross rental yield
8.61%
Implied cap rate
5.60%
Trend-extrapolated value
—
Frequently asked questions
When did 4540 321st St last sell?
4540 321st St most recently sold on May 5, 2022 for $190,000.
What is the current tax assessment for 4540 321st St?
The most recent total assessment for 4540 321st St (year 2025) is $175,000 with $2,156 in property tax.
How does 4540 321st St's assessment compare to its last sale price?
The current assessment is 7.9% below the last sale price of $190,000.
When was 4540 321st St built?
4540 321st St was built in 1977.
How does 4540 321st St compare to others on 321st St?
We track 8 other properties on 321st St. Browse the list under "Other properties on 321st St" to compare beds, baths, and sale history.
What are the property facts for 4540 321st St?
4540 321st St is a 1 bed, 1 bath, 593 sqft condos.
Is 4540 321st St a flip candidate?
No — 4540 321st St does not appear in our flips dataset.
Is 4540 321st St a tax-appeal candidate?
No — 4540 321st 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 321st St