635 331st St
Federal Way, WA 98023
4 bd 3 ba 3,430 sqft Built 1988 Lot 11,700 sqft single_family
Most recent sale
$1,030,000
Mar 31, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 31, 2022 | Sold | $1,030,000 | Public Record |
| Mar 13, 2022 | Listed | $930,000 | MLS #1900715 |
| Aug 25, 2017 | Listing removed | $635,000 | NWMLS |
| May 31, 2017 | Listed | $635,000 | MLS #1135622 |
| Apr 9, 2015 | Listing removed | $499,800 | NWMLS |
| Sep 9, 2014 | Listed | $499,800 | MLS #689883 |
| Nov 15, 2005 | Sold | $585,000 | Public Record |
| Feb 23, 2001 | Sold | $368,000 | Public Record |
| Apr 28, 1998 | Sold | $293,372 | Public Record |
| Apr 12, 1991 | Sold | $305,000 | Public Record |
| Mar 28, 1988 | Sold | $225,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $652,000 | $257,000 | $909,000 | $8,654 |
| 2024 | $628,000 | $247,000 | $875,000 | $8,575 |
| 2023 | $625,000 | $228,000 | $853,000 | $8,301 |
| 2022 | $470,000 | $200,000 | $670,000 | $7,523 |
| 2021 | $435,000 | $151,000 | $586,000 | $7,012 |
| 2020 | $435,000 | $151,000 | $586,000 | $6,840 |
| 2019 | $426,000 | $151,000 | $577,000 | $6,598 |
| 2018 | $426,000 | $151,000 | $577,000 | $7,241 |
| 2017 | $374,000 | $138,000 | $512,000 | $6,552 |
| 2016 | $337,000 | $126,000 | $463,000 | $6,852 |
| 2015 | $344,000 | $120,000 | $464,000 | $6,345 |
| 2014 | $320,000 | $120,000 | $440,000 | $6,213 |
| 2013 | $272,000 | $117,000 | $389,000 | $6,430 |
| 2012 | $276,000 | $117,000 | $393,000 | $6,015 |
| 2011 | $301,000 | $139,000 | $440,000 | $5,706 |
| 2010 | $314,000 | $139,000 | $453,000 | $5,685 |
| 2009 | $405,000 | $139,000 | $544,000 | $5,940 |
| 2007 | $371,000 | $133,000 | $504,000 | $5,424 |
Property facts
Year built
1988
Property type
single_family
Stories
—
Beds
4
Baths
3
Living area
3,430 sqft
Lot size
11,700 sqft
ZIP code
98023
City
Federal Way
Street
331st St
Coordinates
47.30513, -122.34322
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$7,889
Gross rental yield
9.19%
Implied cap rate
5.97%
Trend-extrapolated value
—
Frequently asked questions
When did 635 331st St last sell?
635 331st St most recently sold on Mar 31, 2022 for $1,030,000.
What is the current tax assessment for 635 331st St?
The most recent total assessment for 635 331st St (year 2025) is $909,000 with $8,654 in property tax.
How does 635 331st St's assessment compare to its last sale price?
The current assessment is 11.7% below the last sale price of $1,030,000.
When was 635 331st St built?
635 331st St was built in 1988.
How does 635 331st St compare to others on 331st St?
We track 8 other properties on 331st St. Browse the list under "Other properties on 331st St" to compare beds, baths, and sale history.
What are the property facts for 635 331st St?
635 331st St is a 4 bed, 3 bath, 3,430 sqft, 11,700 sqft lot single_family.
Is 635 331st St a flip candidate?
No — 635 331st St does not appear in our flips dataset.
Is 635 331st St a tax-appeal candidate?
No — 635 331st 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 331st St