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232 328th Ln

Federal Way, WA 98003

2 bd 2 ba 1,470 sqft Built 1985 Lot 2,052 sqft single_family
Most recent sale
$435,000
Apr 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 15, 2022 Sold $435,000 MLS #1899498
Mar 16, 2022 Listed $409,950 MLS #1899498
Sep 19, 1985 Sold $75,950 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $315,000 $108,000 $423,000 $4,169
2024 $303,000 $104,000 $407,000 $4,097
2023 $300,000 $97,000 $397,000 $207
2022 $233,000 $85,000 $318,000 $253
2021 $205,000 $58,000 $263,000 $271
2020 $205,000 $58,000 $263,000 $271
2019 $201,000 $58,000 $259,000 $276
2018 $190,000 $58,000 $248,000 $287
2017 $167,000 $53,000 $220,000 $304
2016 $150,000 $49,000 $199,000 $309
2015 $138,000 $47,000 $185,000 $314
2014 $129,000 $47,000 $176,000 $338
2013 $104,000 $54,000 $158,000 $853
2012 $106,000 $54,000 $160,000 $809
2011 $92,000 $80,000 $172,000 $763
2010 $97,000 $80,000 $177,000 $663
2009 $133,000 $80,000 $213,000 $672
2007 $121,000 $77,000 $198,000 $382

Property facts

Year built
1985
Property type
single_family
Stories
Beds
2
Baths
2
Living area
1,470 sqft
Lot size
2,052 sqft
ZIP code
98003
City
Federal Way
Street
328th Ln
Coordinates
47.30828, -122.33146

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,381
Gross rental yield
9.33%
Implied cap rate
6.06%
Trend-extrapolated value

Frequently asked questions

When did 232 328th Ln last sell?
232 328th Ln most recently sold on Apr 15, 2022 for $435,000.
What is the current tax assessment for 232 328th Ln?
The most recent total assessment for 232 328th Ln (year 2025) is $423,000 with $4,169 in property tax.
How does 232 328th Ln's assessment compare to its last sale price?
The current assessment is 2.8% below the last sale price of $435,000.
When was 232 328th Ln built?
232 328th Ln was built in 1985.
How does 232 328th Ln compare to others on 328th Ln?
We track 6 other properties on 328th Ln. Browse the list under "Other properties on 328th Ln" to compare beds, baths, and sale history.
What are the property facts for 232 328th Ln?
232 328th Ln is a 2 bed, 2 bath, 1,470 sqft, 2,052 sqft lot single_family.
Is 232 328th Ln a flip candidate?
No — 232 328th Ln does not appear in our flips dataset.
Is 232 328th Ln a tax-appeal candidate?
No — 232 328th Ln 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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