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1936 351st St

Federal Way, WA 98023

3 bd 1 ba 1,130 sqft Built 1962 Lot 10,030 sqft single_family
Most recent sale
$364,000
Sep 26, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 26, 2022 Sold $364,000 MLS #1986336
Aug 24, 2022 Listed $349,000 MLS #1986336

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $312,000 $114,000 $426,000 $4,025
2024 $281,000 $110,000 $391,000 $3,949
2023 $280,000 $102,000 $382,000 $3,820
2022 $216,000 $90,000 $306,000 $3,528
2021 $162,000 $68,000 $230,000 $2,847
2020 $162,000 $68,000 $230,000 $2,760
2019 $159,000 $68,000 $227,000 $2,561
2018 $150,000 $68,000 $218,000 $2,809
2017 $132,000 $62,000 $194,000 $2,554
2016 $119,000 $57,000 $176,000 $2,486
2015 $109,000 $55,000 $164,000 $2,313
2014 $101,000 $55,000 $156,000 $2,245
2013 $83,000 $54,000 $137,000 $2,331
2012 $85,000 $54,000 $139,000 $2,186
2011 $141,000 $57,000 $198,000 $2,615
2010 $147,000 $57,000 $204,000 $2,608
2009 $189,000 $57,000 $246,000 $2,734
2007 $173,000 $55,000 $228,000 $2,419

Property facts

Year built
1962
Property type
single_family
Stories
Beds
3
Baths
1
Living area
1,130 sqft
Lot size
10,030 sqft
ZIP code
98023
City
Federal Way
Street
351st St
Coordinates
47.28702, -122.35997

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
$2,599
Gross rental yield
8.57%
Implied cap rate
5.57%
Trend-extrapolated value

Frequently asked questions

When did 1936 351st St last sell?
1936 351st St most recently sold on Sep 26, 2022 for $364,000.
What is the current tax assessment for 1936 351st St?
The most recent total assessment for 1936 351st St (year 2025) is $426,000 with $4,025 in property tax.
How does 1936 351st St's assessment compare to its last sale price?
The current assessment is 17.0% above the last sale price of $364,000.
When was 1936 351st St built?
1936 351st St was built in 1962.
How does 1936 351st St compare to others on 351st St?
We track 8 other properties on 351st St. Browse the list under "Other properties on 351st St" to compare beds, baths, and sale history.
What are the property facts for 1936 351st St?
1936 351st St is a 3 bed, 1 bath, 1,130 sqft, 10,030 sqft lot single_family.
Is 1936 351st St a flip candidate?
No — 1936 351st St does not appear in our flips dataset.
Is 1936 351st St a tax-appeal candidate?
Yes — 1936 351st St appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

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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