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3502 343rd St

Federal Way, WA 98023

3 bd 2 ba 1,290 sqft Built 1976 Lot 7,776 sqft single_family
Most recent sale
$500,000
Oct 7, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 14, 2022 Listed for rent $2,800 NWMLS
Oct 7, 2022 Sold $500,000 MLS #1993467
Sep 9, 2022 Listed $499,900 MLS #1993467
Jun 16, 2005 Sold $176,905 Public Record
Jul 2, 1980 Sold $60,000 Public Record
Aug 22, 1978 Sold $48,400 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $342,000 $167,000 $509,000 $4,953
2024 $326,000 $167,000 $493,000 $4,933
2023 $348,000 $138,000 $486,000 $4,810
2022 $280,000 $110,000 $390,000 $4,450
2021 $215,000 $90,000 $305,000 $3,724
2020 $215,000 $90,000 $305,000 $3,529
2019 $218,000 $75,000 $293,000 $3,270
2018 $209,000 $72,000 $281,000 $3,519
2017 $179,000 $66,000 $245,000 $3,194
2016 $162,000 $60,000 $222,000 $3,098
2015 $148,000 $58,000 $206,000 $2,881
2014 $138,000 $58,000 $196,000 $2,560
2013 $84,000 $73,000 $157,000 $2,444
2012 $73,000 $73,000 $146,000 $2,526
2011 $100,000 $98,000 $198,000 $2,615
2010 $109,000 $98,000 $207,000 $2,645
2009 $165,000 $76,000 $241,000 $2,680
2007 $151,000 $73,000 $224,000 $2,351

Property facts

Year built
1976
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,290 sqft
Lot size
7,776 sqft
ZIP code
98023
City
Federal Way
Street
343rd St
Coordinates
47.29471, -122.37712

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,967
Gross rental yield
7.12%
Implied cap rate
4.63%
Trend-extrapolated value

Frequently asked questions

When did 3502 343rd St last sell?
3502 343rd St most recently sold on Oct 7, 2022 for $500,000.
What is the current tax assessment for 3502 343rd St?
The most recent total assessment for 3502 343rd St (year 2025) is $509,000 with $4,953 in property tax.
How does 3502 343rd St's assessment compare to its last sale price?
The current assessment is 1.8% above the last sale price of $500,000.
When was 3502 343rd St built?
3502 343rd St was built in 1976.
How does 3502 343rd St compare to others on 343rd St?
We track 8 other properties on 343rd St. Browse the list under "Other properties on 343rd St" to compare beds, baths, and sale history.
What are the property facts for 3502 343rd St?
3502 343rd St is a 3 bed, 2 bath, 1,290 sqft, 7,776 sqft lot single_family.
Is 3502 343rd St a flip candidate?
No — 3502 343rd St does not appear in our flips dataset.
Is 3502 343rd St a tax-appeal candidate?
No — 3502 343rd St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.7%
Implied 1-yr
-2.8%
2026 Q3
$657.5K
2026 Q4
$652.6K
ZIP 98023 — Median Price History + Forecast

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