31603 37th Ave
Federal Way, WA 98023
5 bd 3 ba 3,220 sqft Built 1976 Lot 7,700 sqft single_family
Most recent sale
$750,000
Jun 28, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 28, 2022 | Sold | $750,000 | MLS #1928097 |
| May 25, 2022 | Price changed | $750,000 | MLS #1928097 |
| May 18, 2022 | Price changed | $785,000 | MLS #1928097 |
| May 5, 2022 | Listed | $825,000 | MLS #1928097 |
| Nov 6, 2019 | Sold | $530,000 | MLS #1474548 |
| Sep 25, 2019 | Price changed | $550,000 | MLS #1474548 |
| Sep 14, 2019 | Price changed | $575,000 | MLS #1474548 |
| Aug 20, 2019 | Price changed | $584,950 | MLS #1474548 |
| Jul 19, 2019 | Listed | $600,000 | MLS #1474548 |
| Nov 9, 2016 | Sold | $445,000 | MLS #1040223 |
| Oct 12, 2016 | Listed | $449,000 | MLS #1040223 |
| Oct 14, 2014 | Sold | $359,999 | Public Record |
| Sep 17, 2014 | Listing removed | $359,999 | NWMLS |
| Sep 6, 2014 | Price changed | $359,999 | MLS #669568 |
| Aug 19, 2014 | Relisted | $369,900 | MLS #669568 |
| Aug 14, 2014 | Listing removed | $369,900 | NWMLS |
| Jul 23, 2014 | Listed | $369,900 | MLS #669568 |
| May 9, 2001 | Sold | $239,950 | Public Record |
| Jun 25, 1986 | Sold | $118,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $570,000 | $231,000 | $801,000 | $7,526 |
| 2024 | $526,000 | $231,000 | $757,000 | $7,463 |
| 2023 | $555,000 | $190,000 | $745,000 | $7,274 |
| 2022 | $399,000 | $152,000 | $551,000 | $6,217 |
| 2021 | $424,000 | $127,000 | $551,000 | $6,602 |
| 2020 | $424,000 | $127,000 | $551,000 | $6,281 |
| 2019 | $423,000 | $106,000 | $529,000 | $5,799 |
| 2018 | $405,000 | $101,000 | $506,000 | $6,251 |
| 2017 | $349,000 | $92,000 | $441,000 | $5,660 |
| 2016 | $315,000 | $84,000 | $399,000 | $5,498 |
| 2015 | $291,000 | $80,000 | $371,000 | $4,684 |
| 2014 | $243,000 | $80,000 | $323,000 | $3,867 |
| 2013 | $145,000 | $95,000 | $240,000 | $3,686 |
| 2012 | $128,000 | $95,000 | $223,000 | $3,657 |
| 2011 | $162,000 | $127,000 | $289,000 | $3,777 |
| 2010 | $174,000 | $127,000 | $301,000 | $3,806 |
| 2009 | $313,000 | $107,000 | $420,000 | $4,606 |
| 2007 | $287,000 | $102,000 | $389,000 | $4,013 |
Property facts
Year built
1976
Property type
single_family
Stories
—
Beds
5
Baths
3
Living area
3,220 sqft
Lot size
7,700 sqft
ZIP code
98023
City
Federal Way
Street
37th Ave
Coordinates
47.31875, -122.37961
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
$7,406
Gross rental yield
11.85%
Implied cap rate
7.70%
Trend-extrapolated value
—
Frequently asked questions
When did 31603 37th Ave last sell?
31603 37th Ave most recently sold on Jun 28, 2022 for $750,000.
What is the current tax assessment for 31603 37th Ave?
The most recent total assessment for 31603 37th Ave (year 2025) is $801,000 with $7,526 in property tax.
How does 31603 37th Ave's assessment compare to its last sale price?
The current assessment is 6.8% above the last sale price of $750,000.
When was 31603 37th Ave built?
31603 37th Ave was built in 1976.
How does 31603 37th Ave compare to others on 37th Ave?
We track 8 other properties on 37th Ave. Browse the list under "Other properties on 37th Ave" to compare beds, baths, and sale history.
What are the property facts for 31603 37th Ave?
31603 37th Ave is a 5 bed, 3 bath, 3,220 sqft, 7,700 sqft lot single_family.
Is 31603 37th Ave a flip candidate?
No — 31603 37th Ave does not appear in our flips dataset.
Is 31603 37th Ave a tax-appeal candidate?
No — 31603 37th Ave 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 37th Ave