31823 32nd Pl
Federal Way, WA 98023
3 bd 3 ba 1,424 sqft Built 1975 condos
Most recent sale
$455,000
May 17, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 17, 2022 | Sold | $455,000 | MLS #1912232 |
| Apr 8, 2022 | Listed | $399,900 | MLS #1912232 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $359,300 | $42,700 | $402,000 | $4,335 |
| 2024 | $330,900 | $40,100 | $371,000 | $4,597 |
| 2023 | $340,100 | $25,900 | $366,000 | $3,709 |
| 2022 | $258,100 | $25,900 | $284,000 | $3,325 |
| 2021 | $235,100 | $25,900 | $261,000 | $3,245 |
| 2020 | $228,300 | $20,700 | $249,000 | $3,045 |
| 2019 | $212,300 | $20,700 | $233,000 | $2,758 |
| 2018 | $188,300 | $20,700 | $209,000 | $3,045 |
| 2017 | $160,300 | $20,700 | $181,000 | $2,650 |
| 2016 | $133,300 | $20,700 | $154,000 | $2,367 |
| 2015 | $141,300 | $20,700 | $162,000 | $2,424 |
| 2014 | $108,500 | $15,500 | $124,000 | $2,063 |
| 2013 | $110,500 | $15,500 | $126,000 | $2,144 |
| 2012 | $176,500 | $15,500 | $192,000 | $2,263 |
| 2011 | $188,500 | $15,500 | $204,000 | $2,562 |
| 2010 | $188,500 | $15,500 | $204,000 | $2,631 |
| 2009 | $221,500 | $15,500 | $237,000 | $2,660 |
| 2007 | $188,800 | $14,200 | $203,000 | $299 |
Property facts
Year built
1975
Property type
condos
Stories
—
Beds
3
Baths
3
Living area
1,424 sqft
Lot size
—
ZIP code
98023
City
Federal Way
Street
32nd Pl
Coordinates
47.31595, -122.37317
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
$3,275
Gross rental yield
8.64%
Implied cap rate
5.61%
Trend-extrapolated value
—
Frequently asked questions
When did 31823 32nd Pl last sell?
31823 32nd Pl most recently sold on May 17, 2022 for $455,000.
What is the current tax assessment for 31823 32nd Pl?
The most recent total assessment for 31823 32nd Pl (year 2025) is $402,000 with $4,335 in property tax.
How does 31823 32nd Pl's assessment compare to its last sale price?
The current assessment is 11.6% below the last sale price of $455,000.
When was 31823 32nd Pl built?
31823 32nd Pl was built in 1975.
How does 31823 32nd Pl compare to others on 32nd Pl?
We track 8 other properties on 32nd Pl. Browse the list under "Other properties on 32nd Pl" to compare beds, baths, and sale history.
What are the property facts for 31823 32nd Pl?
31823 32nd Pl is a 3 bed, 3 bath, 1,424 sqft condos.
Is 31823 32nd Pl a flip candidate?
No — 31823 32nd Pl does not appear in our flips dataset.
Is 31823 32nd Pl a tax-appeal candidate?
No — 31823 32nd 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
-0.7%
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 32nd Pl