720 338th St
Federal Way, WA 98023
4 bd 3 ba 2,840 sqft Built 2014 Lot 5,375 sqft single_family
Most recent sale
$755,000
Jul 8, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 8, 2022 | Sold | $755,000 | Public Record |
| Jul 7, 2022 | Sold | $755,000 | MLS #1925852 |
| May 2, 2022 | Listed | $720,000 | MLS #1925852 |
| Apr 25, 2017 | Sold | $443,000 | MLS #1078296 |
| Feb 16, 2017 | Listed | $449,950 | MLS #1078296 |
| May 30, 2014 | Sold | $370,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $541,000 | $179,000 | $720,000 | $6,897 |
| 2024 | $521,000 | $172,000 | $693,000 | $6,839 |
| 2023 | $516,000 | $160,000 | $676,000 | $6,617 |
| 2022 | $401,000 | $140,000 | $541,000 | $6,107 |
| 2021 | $360,000 | $106,000 | $466,000 | $5,608 |
| 2020 | $353,000 | $106,000 | $459,000 | $5,464 |
| 2019 | $353,000 | $106,000 | $459,000 | $5,270 |
| 2018 | $310,000 | $97,000 | $407,000 | $5,777 |
| 2017 | $309,000 | $89,000 | $398,000 | $5,646 |
| 2016 | $305,000 | $85,000 | $390,000 | $5,774 |
| 2015 | $300,000 | $85,000 | $385,000 | $5,564 |
Property facts
Year built
2014
Property type
single_family
Stories
—
Beds
4
Baths
3
Living area
2,840 sqft
Lot size
5,375 sqft
ZIP code
98023
City
Federal Way
Street
338th St
Coordinates
47.29716, -122.34659
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$6,532
Gross rental yield
10.38%
Implied cap rate
6.75%
Trend-extrapolated value
—
Frequently asked questions
When did 720 338th St last sell?
720 338th St most recently sold on Jul 8, 2022 for $755,000.
What is the current tax assessment for 720 338th St?
The most recent total assessment for 720 338th St (year 2025) is $720,000 with $6,897 in property tax.
How does 720 338th St's assessment compare to its last sale price?
The current assessment is 4.6% below the last sale price of $755,000.
When was 720 338th St built?
720 338th St was built in 2014.
How does 720 338th St compare to others on 338th St?
We track 8 other properties on 338th St. Browse the list under "Other properties on 338th St" to compare beds, baths, and sale history.
What are the property facts for 720 338th St?
720 338th St is a 4 bed, 3 bath, 2,840 sqft, 5,375 sqft lot single_family.
Is 720 338th St a flip candidate?
No — 720 338th St does not appear in our flips dataset.
Is 720 338th St a tax-appeal candidate?
No — 720 338th 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 338th St