1809 348th St
Federal Way, WA 98023
3 bd 2 ba 1,780 sqft Built 1984 Lot 7,366 sqft single_family
Most recent sale
$585,000
Apr 29, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 17, 2022 | Listed for rent | $2,750 | Avail |
| Apr 29, 2022 | Sold | $585,000 | MLS #1901783 |
| Mar 18, 2022 | Listed | $580,000 | MLS #1901783 |
| Aug 28, 2019 | Sold | $390,000 | MLS #1477027 |
| Jul 13, 2019 | Relisted | $389,000 | MLS #1477027 |
| Jun 29, 2019 | Listed | $389,000 | MLS #1477027 |
| Oct 7, 2015 | Listing removed | $299,950 | NWMLS |
| Oct 3, 2006 | Sold | $300,000 | Public Record |
| Aug 17, 2006 | Listed | $299,950 | MLS #26137615 |
| Sep 12, 1988 | Sold | $84,500 | Public Record |
| Jul 23, 1984 | Sold | $64,950 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $405,000 | $138,000 | $543,000 | $5,295 |
| 2024 | $390,000 | $133,000 | $523,000 | $5,018 |
| 2023 | $368,000 | $123,000 | $491,000 | $4,857 |
| 2022 | $285,000 | $108,000 | $393,000 | $4,483 |
| 2021 | $238,000 | $68,000 | $306,000 | $3,736 |
| 2020 | $238,000 | $68,000 | $306,000 | $3,634 |
| 2019 | $234,000 | $68,000 | $302,000 | $3,360 |
| 2018 | $221,000 | $68,000 | $289,000 | $3,687 |
| 2017 | $195,000 | $62,000 | $257,000 | $3,348 |
| 2016 | $176,000 | $57,000 | $233,000 | $3,258 |
| 2015 | $162,000 | $55,000 | $217,000 | $3,023 |
| 2014 | $151,000 | $55,000 | $206,000 | $2,717 |
| 2013 | $109,000 | $58,000 | $167,000 | $2,815 |
| 2012 | $111,000 | $58,000 | $169,000 | $2,649 |
| 2011 | $148,000 | $57,000 | $205,000 | $2,705 |
| 2010 | $154,000 | $57,000 | $211,000 | $2,694 |
| 2009 | $197,000 | $57,000 | $254,000 | $2,820 |
| 2007 | $181,000 | $55,000 | $236,000 | $2,499 |
Property facts
Year built
1984
Property type
single_family
Stories
—
Beds
3
Baths
2
Living area
1,780 sqft
Lot size
7,366 sqft
ZIP code
98023
City
Federal Way
Street
348th St
Coordinates
47.28928, -122.35766
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$4,094
Gross rental yield
8.40%
Implied cap rate
5.46%
Trend-extrapolated value
—
Frequently asked questions
When did 1809 348th St last sell?
1809 348th St most recently sold on Apr 29, 2022 for $585,000.
What is the current tax assessment for 1809 348th St?
The most recent total assessment for 1809 348th St (year 2025) is $543,000 with $5,295 in property tax.
How does 1809 348th St's assessment compare to its last sale price?
The current assessment is 7.2% below the last sale price of $585,000.
When was 1809 348th St built?
1809 348th St was built in 1984.
How does 1809 348th St compare to others on 348th St?
We track 7 other properties on 348th St. Browse the list under "Other properties on 348th St" to compare beds, baths, and sale history.
What are the property facts for 1809 348th St?
1809 348th St is a 3 bed, 2 bath, 1,780 sqft, 7,366 sqft lot single_family.
Is 1809 348th St a flip candidate?
No — 1809 348th St does not appear in our flips dataset.
Is 1809 348th St a tax-appeal candidate?
No — 1809 348th 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 348th St