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32001 47th Ave

Federal Way, WA 98023

2 bd 2 ba 1,670 sqft Built 2000 condos
Most recent sale
$599,950
Aug 25, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 2, 2025 Sold $597,490 NWMLS
Mar 22, 2025 Listed $599,990 NWMLS
Aug 25, 2022 Sold $599,950 MLS #1942842
Jun 3, 2022 Listed $599,950 MLS #1942842
Aug 10, 2015 Sold $325,000 Public Record
Dec 16, 2003 Sold $259,950 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $430,600 $92,400 $523,000 $5,973
2024 $461,200 $86,800 $548,000 $6,172
2023 $433,000 $56,000 $489,000 $4,848
2022 $379,000 $56,000 $435,000 $4,953
2021 $359,000 $56,000 $415,000 $5,020
2020 $359,000 $56,000 $415,000 $4,669
2019 $344,200 $44,800 $389,000 $4,324
2018 $328,200 $44,800 $373,000 $4,793
2017 $306,100 $28,900 $335,000 $4,314
2016 $259,000 $42,000 $301,000 $3,567
2015 $209,000 $28,000 $237,000 $636
2014 $185,000 $28,000 $213,000 $635
2013 $169,000 $28,000 $197,000 $682
2012 $175,400 $33,600 $209,000 $789
2011 $234,400 $33,600 $268,000 $744
2010 $253,400 $33,600 $287,000 $727
2009 $297,400 $33,600 $331,000 $655

Property facts

Year built
2000
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
1,670 sqft
Lot size
ZIP code
98023
City
Federal Way
Street
47th Ave
Coordinates
47.31601, -122.39436

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
$3,841
Gross rental yield
7.68%
Implied cap rate
4.99%
Trend-extrapolated value

Frequently asked questions

When did 32001 47th Ave last sell?
32001 47th Ave most recently sold on Aug 25, 2022 for $599,950.
What is the current tax assessment for 32001 47th Ave?
The most recent total assessment for 32001 47th Ave (year 2025) is $523,000 with $5,973 in property tax.
How does 32001 47th Ave's assessment compare to its last sale price?
The current assessment is 12.8% below the last sale price of $599,950.
When was 32001 47th Ave built?
32001 47th Ave was built in 2000.
How does 32001 47th Ave compare to others on 47th Ave?
We track 8 other properties on 47th Ave. Browse the list under "Other properties on 47th Ave" to compare beds, baths, and sale history.
What are the property facts for 32001 47th Ave?
32001 47th Ave is a 2 bed, 2 bath, 1,670 sqft condos.
Is 32001 47th Ave a flip candidate?
No — 32001 47th Ave does not appear in our flips dataset.
Is 32001 47th Ave a tax-appeal candidate?
No — 32001 47th Ave 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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