506 321st St
Federal Way, WA 98003
3 bd 1 ba 1,011 sqft Built 1979 Lot 1,011 sqft condos
Most recent sale
$300,000
Jun 24, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 15, 2025 | Sold | $295,000 | NWMLS |
| Jul 15, 2025 | Listed | $295,000 | NWMLS |
| Jun 17, 2025 | Listed | $355,000 | NWMLS |
| May 20, 2025 | Listed | $375,000 | NWMLS |
| Jun 24, 2022 | Sold | $300,000 | MLS #1915728 |
| Apr 14, 2022 | Listed | $310,000 | MLS #1915728 |
Tax assessment history
No tax assessment data
No assessment history available for this parcel.
Property facts
Year built
1979
Property type
condos
Stories
1
Beds
3
Baths
1
Living area
1,011 sqft
Lot size
1,011 sqft
ZIP code
98003
City
Federal Way
Street
321st St
Coordinates
47.31467, -122.32741
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
$2,325
Gross rental yield
9.30%
Implied cap rate
6.05%
Trend-extrapolated value
—
Frequently asked questions
When did 506 321st St last sell?
506 321st St most recently sold on Jun 24, 2022 for $300,000.
What is the current tax assessment for 506 321st St?
No tax-assessment history is recorded for this parcel.
When was 506 321st St built?
506 321st St was built in 1979.
How does 506 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 506 321st St?
506 321st St is a 3 bed, 1 bath, 1,011 sqft, 1,011 sqft lot condos.
Is 506 321st St a flip candidate?
No — 506 321st St does not appear in our flips dataset.
Is 506 321st St a tax-appeal candidate?
No — 506 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
-0.5%
Implied 1-yr
-1.8%
2026 Q3
$810K
2026 Q4
$810K
ZIP 98003 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 321st St