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32221 46th Pl

Federal Way, WA 98023

4 bd 2 ba 1,780 sqft Built 1978 Lot 7,227 sqft single_family
Most recent sale
$677,500
Sep 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 29, 2022 Sold $677,500 MLS #1982160
Aug 12, 2022 Listed $674,950 MLS #1982160
Feb 28, 2006 Sold $295,000 Public Record
Jan 29, 2002 Sold $192,000 Public Record
Jun 21, 1991 Sold $133,000 Public Record
Jan 23, 1990 Sold $127,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $410,000 $216,000 $626,000 $5,884
2024 $375,000 $216,000 $591,000 $5,865
2023 $375,000 $178,000 $553,000 $5,447
2022 $302,000 $142,000 $444,000 $5,043
2021 $290,000 $117,000 $407,000 $4,918
2020 $290,000 $117,000 $407,000 $4,672
2019 $293,000 $98,000 $391,000 $4,315
2018 $280,000 $94,000 $374,000 $4,648
2017 $240,000 $86,000 $326,000 $4,211
2016 $216,000 $79,000 $295,000 $4,087
2015 $198,000 $76,000 $274,000 $3,790
2014 $184,000 $76,000 $260,000 $3,158
2013 $106,000 $89,000 $195,000 $3,024
2012 $93,000 $89,000 $182,000 $3,003
2011 $118,000 $119,000 $237,000 $3,113
2010 $128,000 $119,000 $247,000 $3,139
2009 $196,000 $84,000 $280,000 $3,100
2007 $180,000 $80,000 $260,000 $2,715

Property facts

Year built
1978
Property type
single_family
Stories
Beds
4
Baths
2
Living area
1,780 sqft
Lot size
7,227 sqft
ZIP code
98023
City
Federal Way
Street
46th Pl
Coordinates
47.31261, -122.39229

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,094
Gross rental yield
7.25%
Implied cap rate
4.71%
Trend-extrapolated value

Frequently asked questions

When did 32221 46th Pl last sell?
32221 46th Pl most recently sold on Sep 29, 2022 for $677,500.
What is the current tax assessment for 32221 46th Pl?
The most recent total assessment for 32221 46th Pl (year 2025) is $626,000 with $5,884 in property tax.
How does 32221 46th Pl's assessment compare to its last sale price?
The current assessment is 7.6% below the last sale price of $677,500.
When was 32221 46th Pl built?
32221 46th Pl was built in 1978.
How does 32221 46th Pl compare to others on 46th Pl?
We track 8 other properties on 46th Pl. Browse the list under "Other properties on 46th Pl" to compare beds, baths, and sale history.
What are the property facts for 32221 46th Pl?
32221 46th Pl is a 4 bed, 2 bath, 1,780 sqft, 7,227 sqft lot single_family.
Is 32221 46th Pl a flip candidate?
No — 32221 46th Pl does not appear in our flips dataset.
Is 32221 46th Pl a tax-appeal candidate?
No — 32221 46th Pl 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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