123 340th St
Federal Way, WA 98003
2 bd 1 ba 933 sqft Built 1979 condos
Most recent sale
$285,000
May 18, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 18, 2022 | Sold | $285,000 | MLS #1915241 |
| Apr 14, 2022 | Listed | $258,950 | MLS #1915241 |
| Aug 19, 2011 | Sold | $39,000 | Public Record |
| Nov 22, 2004 | Sold | $98,500 | Public Record |
| May 11, 2001 | Sold | $79,950 | Public Record |
| Sep 7, 1999 | Sold | $2,450,000 | Public Record |
| Mar 4, 1998 | Sold | $1,511,250 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $223,400 | $28,600 | $252,000 | $2,948 |
| 2024 | $225,400 | $28,600 | $254,000 | $2,774 |
| 2023 | $192,700 | $18,300 | $211,000 | $2,076 |
| 2022 | $156,000 | $16,000 | $172,000 | $1,950 |
| 2021 | $149,000 | $16,000 | $165,000 | $1,988 |
| 2020 | $149,000 | $16,000 | $165,000 | $1,793 |
| 2019 | $135,300 | $13,700 | $149,000 | $1,460 |
| 2018 | $111,300 | $13,700 | $125,000 | $1,612 |
| 2017 | $98,300 | $13,700 | $112,000 | $1,248 |
| 2016 | $72,300 | $13,700 | $86,000 | $1,169 |
| 2015 | $63,300 | $13,700 | $77,000 | $1,170 |
| 2014 | $67,600 | $11,400 | $79,000 | $893 |
| 2013 | $42,600 | $11,400 | $54,000 | $1,075 |
| 2012 | $52,600 | $11,400 | $64,000 | $1,337 |
| 2011 | $97,600 | $11,400 | $109,000 | $1,434 |
| 2010 | $110,600 | $11,400 | $122,000 | $1,550 |
| 2009 | $115,600 | $11,400 | $127,000 | $1,409 |
Property facts
Year built
1979
Property type
condos
Stories
—
Beds
2
Baths
1
Living area
933 sqft
Lot size
—
ZIP code
98003
City
Federal Way
Street
340th St
Coordinates
47.29700, -122.33351
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
$2,146
Gross rental yield
9.04%
Implied cap rate
5.87%
Trend-extrapolated value
—
Frequently asked questions
When did 123 340th St last sell?
123 340th St most recently sold on May 18, 2022 for $285,000.
What is the current tax assessment for 123 340th St?
The most recent total assessment for 123 340th St (year 2025) is $252,000 with $2,948 in property tax.
How does 123 340th St's assessment compare to its last sale price?
The current assessment is 11.6% below the last sale price of $285,000.
When was 123 340th St built?
123 340th St was built in 1979.
How does 123 340th St compare to others on 340th St?
We track 8 other properties on 340th St. Browse the list under "Other properties on 340th St" to compare beds, baths, and sale history.
What are the property facts for 123 340th St?
123 340th St is a 2 bed, 1 bath, 933 sqft condos.
Is 123 340th St a flip candidate?
No — 123 340th St does not appear in our flips dataset.
Is 123 340th St a tax-appeal candidate?
No — 123 340th 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
-0.5%
Implied 1-yr
-1.8%
2026 Q3
$810K
2026 Q4
$810K
ZIP 98003 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 340th St