2823 342nd Pl
Federal Way, WA 98023
4 bd 3 ba 2,520 sqft Built 1992 Lot 8,342 sqft single_family
Most recent sale
$715,000
Aug 18, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 18, 2022 | Sold | $715,000 | MLS #1957974 |
| Jul 12, 2022 | Listed | $715,000 | MLS #1957974 |
| Aug 16, 2018 | Sold | $464,000 | Public Record |
| Apr 30, 2008 | Sold | $400,000 | Public Record |
| May 26, 1999 | Sold | $245,000 | Public Record |
| Jul 10, 1996 | Sold | $214,549 | Public Record |
| Feb 18, 1993 | Sold | $197,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $400,000 | $225,000 | $625,000 | $6,076 |
| 2024 | $381,000 | $225,000 | $606,000 | $6,013 |
| 2023 | $411,000 | $185,000 | $596,000 | $5,856 |
| 2022 | $355,000 | $148,000 | $503,000 | $5,690 |
| 2021 | $326,000 | $121,000 | $447,000 | $5,386 |
| 2020 | $326,000 | $121,000 | $447,000 | $5,115 |
| 2019 | $328,000 | $101,000 | $429,000 | $4,731 |
| 2018 | $314,000 | $97,000 | $411,000 | $5,094 |
| 2017 | $269,000 | $89,000 | $358,000 | $4,615 |
| 2016 | $243,000 | $81,000 | $324,000 | $4,480 |
| 2015 | $223,000 | $78,000 | $301,000 | $4,159 |
| 2014 | $208,000 | $78,000 | $286,000 | $3,678 |
| 2013 | $139,000 | $89,000 | $228,000 | $3,509 |
| 2012 | $123,000 | $89,000 | $212,000 | $3,480 |
| 2011 | $156,000 | $119,000 | $275,000 | $3,599 |
| 2010 | $168,000 | $119,000 | $287,000 | $3,634 |
| 2009 | $285,000 | $84,000 | $369,000 | $4,057 |
| 2007 | $262,000 | $80,000 | $342,000 | $3,546 |
Property facts
Year built
1992
Property type
single_family
Stories
—
Beds
4
Baths
3
Living area
2,520 sqft
Lot size
8,342 sqft
ZIP code
98023
City
Federal Way
Street
342nd Pl
Coordinates
47.29455, -122.36973
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$5,796
Gross rental yield
9.73%
Implied cap rate
6.32%
Trend-extrapolated value
—
Frequently asked questions
When did 2823 342nd Pl last sell?
2823 342nd Pl most recently sold on Aug 18, 2022 for $715,000.
What is the current tax assessment for 2823 342nd Pl?
The most recent total assessment for 2823 342nd Pl (year 2025) is $625,000 with $6,076 in property tax.
How does 2823 342nd Pl's assessment compare to its last sale price?
The current assessment is 12.6% below the last sale price of $715,000.
When was 2823 342nd Pl built?
2823 342nd Pl was built in 1992.
How does 2823 342nd Pl compare to others on 342nd Pl?
We track 8 other properties on 342nd Pl. Browse the list under "Other properties on 342nd Pl" to compare beds, baths, and sale history.
What are the property facts for 2823 342nd Pl?
2823 342nd Pl is a 4 bed, 3 bath, 2,520 sqft, 8,342 sqft lot single_family.
Is 2823 342nd Pl a flip candidate?
No — 2823 342nd Pl does not appear in our flips dataset.
Is 2823 342nd Pl a tax-appeal candidate?
No — 2823 342nd 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 342nd Pl