4248 323rd St
Federal Way, WA 98023
4 bd 2 ba 2,540 sqft Built 1978 Lot 7,800 sqft single_family
Most recent sale
$550,000
Oct 15, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 18, 2025 | Sold | $642,000 | NWMLS |
| Jan 23, 2025 | Price changed | $625,000 | NWMLS |
| Dec 17, 2024 | Price changed | $650,000 | NWMLS |
| Oct 25, 2024 | Listed | $660,000 | NWMLS |
| May 23, 2024 | Price changed | $640,000 | NWMLS |
| Apr 3, 2024 | Price changed | $645,000 | NWMLS |
| Mar 11, 2024 | Price changed | $655,000 | NWMLS |
| Feb 16, 2024 | Price changed | $665,000 | NWMLS |
| Jan 31, 2024 | Listed | $675,000 | NWMLS |
| Jun 2, 2022 | Price changed | $669,500 | MLS #1938789 |
| May 22, 2022 | Listed | $699,600 | MLS #1938789 |
| Oct 15, 2021 | Sold | $550,000 | Public Record |
| Sep 9, 2021 | Price changed | $549,950 | MLS #1783356 |
| Aug 31, 2021 | Price changed | $560,000 | MLS #1783356 |
| Jun 3, 2021 | Listed | $485,000 | MLS #1783356 |
| Nov 10, 1994 | Sold | $152,950 | Public Record |
| Nov 10, 1988 | Sold | $113,000 | Public Record |
| Jun 26, 1979 | Sold | $78,950 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $407,000 | $216,000 | $623,000 | $6,056 |
| 2024 | $388,000 | $216,000 | $604,000 | $5,992 |
| 2023 | $416,000 | $178,000 | $594,000 | $5,837 |
| 2022 | $303,000 | $142,000 | $445,000 | $5,054 |
| 2021 | $276,000 | $117,000 | $393,000 | $4,754 |
| 2020 | $279,000 | $98,000 | $377,000 | $4,508 |
| 2019 | $267,000 | $94,000 | $361,000 | $4,169 |
| 2018 | $229,000 | $86,000 | $315,000 | $4,495 |
| 2017 | $206,000 | $79,000 | $285,000 | $4,072 |
| 2016 | $189,000 | $76,000 | $265,000 | $3,956 |
| 2015 | $176,000 | $76,000 | $252,000 | $3,675 |
| 2014 | $119,000 | $89,000 | $208,000 | $3,362 |
| 2013 | $105,000 | $89,000 | $194,000 | $3,218 |
| 2012 | $133,000 | $119,000 | $252,000 | $3,194 |
| 2011 | $144,000 | $119,000 | $263,000 | $3,304 |
| 2010 | $144,000 | $119,000 | $263,000 | $3,337 |
| 2009 | $246,000 | $84,000 | $330,000 | $3,637 |
| 2007 | $226,000 | $80,000 | $306,000 | $3,182 |
Property facts
Year built
1978
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
2,540 sqft
Lot size
7,800 sqft
ZIP code
98023
City
Federal Way
Street
323rd St
Coordinates
47.31266, -122.38812
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
$5,842
Gross rental yield
12.75%
Implied cap rate
8.29%
Trend-extrapolated value
—
Frequently asked questions
When did 4248 323rd St last sell?
4248 323rd St most recently sold on Oct 15, 2021 for $550,000.
What is the current tax assessment for 4248 323rd St?
The most recent total assessment for 4248 323rd St (year 2025) is $623,000 with $6,056 in property tax.
How does 4248 323rd St's assessment compare to its last sale price?
The current assessment is 13.3% above the last sale price of $550,000.
When was 4248 323rd St built?
4248 323rd St was built in 1978.
How does 4248 323rd St compare to others on 323rd St?
We track 8 other properties on 323rd St. Browse the list under "Other properties on 323rd St" to compare beds, baths, and sale history.
What are the property facts for 4248 323rd St?
4248 323rd St is a 4 bed, 2 bath, 2,540 sqft, 7,800 sqft lot single_family.
Is 4248 323rd St a flip candidate?
No — 4248 323rd St does not appear in our flips dataset.
Is 4248 323rd St a tax-appeal candidate?
No — 4248 323rd 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 323rd St