118 324th Pl
Federal Way, WA 98003
2 bd 2 ba 1,048 sqft Built 1978 Lot 43,560 sqft single_family
Most recent sale
$375,000
May 25, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 25, 2022 | Sold | $375,000 | MLS #1917648 |
| Apr 16, 2022 | Listed | $349,500 | MLS #1917648 |
| Apr 15, 2022 | Listed | $349,500 | MLS #1913919 |
| Oct 10, 2018 | Sold | $244,900 | MLS #1359375 |
| Sep 11, 2018 | Listed | $244,900 | MLS #1359375 |
| Jul 25, 2016 | Sold | $173,500 | MLS #956767 |
| Jun 10, 2016 | Listed | $172,000 | MLS #956767 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $246,900 | $78,100 | $325,000 | $3,879 |
| 2024 | $265,200 | $75,800 | $341,000 | $4,328 |
| 2023 | $272,700 | $47,300 | $320,000 | $3,209 |
| 2022 | $194,400 | $42,600 | $237,000 | $2,752 |
| 2021 | $175,400 | $42,600 | $218,000 | $2,689 |
| 2020 | $175,400 | $42,600 | $218,000 | $2,566 |
| 2019 | $172,100 | $37,900 | $210,000 | $2,015 |
| 2018 | $131,100 | $37,900 | $169,000 | $2,312 |
| 2017 | $120,100 | $37,900 | $158,000 | $2,071 |
| 2016 | $107,900 | $33,100 | $141,000 | $1,938 |
| 2015 | $92,900 | $33,100 | $126,000 | $1,991 |
| 2014 | $104,600 | $28,400 | $133,000 | $1,745 |
| 2013 | $76,600 | $28,400 | $105,000 | $1,673 |
| 2012 | $69,600 | $28,400 | $98,000 | $1,795 |
| 2011 | $117,600 | $28,400 | $146,000 | $1,955 |
| 2010 | $130,600 | $28,400 | $159,000 | $2,056 |
| 2009 | $158,600 | $28,400 | $187,000 | $2,103 |
Property facts
Year built
1978
Property type
single_family
Stories
—
Beds
2
Baths
2
Living area
1,048 sqft
Lot size
43,560 sqft
ZIP code
98003
City
Federal Way
Street
324th Pl
Coordinates
47.30982, -122.33308
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
$2,410
Gross rental yield
7.71%
Implied cap rate
5.01%
Trend-extrapolated value
—
Frequently asked questions
When did 118 324th Pl last sell?
118 324th Pl most recently sold on May 25, 2022 for $375,000.
What is the current tax assessment for 118 324th Pl?
The most recent total assessment for 118 324th Pl (year 2025) is $325,000 with $3,879 in property tax.
How does 118 324th Pl's assessment compare to its last sale price?
The current assessment is 13.3% below the last sale price of $375,000.
When was 118 324th Pl built?
118 324th Pl was built in 1978.
How does 118 324th Pl compare to others on 324th Pl?
We track 8 other properties on 324th Pl. Browse the list under "Other properties on 324th Pl" to compare beds, baths, and sale history.
What are the property facts for 118 324th Pl?
118 324th Pl is a 2 bed, 2 bath, 1,048 sqft, 43,560 sqft lot single_family.
Is 118 324th Pl a flip candidate?
No — 118 324th Pl does not appear in our flips dataset.
Is 118 324th Pl a tax-appeal candidate?
No — 118 324th Pl 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 324th Pl