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31432 47th Pl

Federal Way, WA 98023

3 bd 3 ba 1,900 sqft Built 1987 Lot 5,000 sqft single_family
Most recent sale
$599,950
Sep 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 22, 2022 Sold $599,950 MLS #1977714
Aug 6, 2022 Listed $599,950 MLS #1977714
Jan 21, 2003 Sold $210,000 Public Record
Jan 27, 2000 Sold $179,950 Public Record
Mar 3, 1994 Sold $148,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $336,000 $252,000 $588,000 $5,535
2024 $371,000 $181,000 $552,000 $5,484
2023 $372,000 $167,000 $539,000 $5,314
2022 $285,000 $152,000 $437,000 $4,966
2021 $233,000 $140,000 $373,000 $4,520
2020 $233,000 $140,000 $373,000 $4,310
2019 $227,000 $133,000 $360,000 $3,955
2018 $232,000 $110,000 $342,000 $4,453
2017 $209,000 $103,000 $312,000 $4,002
2016 $177,000 $103,000 $280,000 $3,927
2015 $167,000 $96,000 $263,000 $3,591
2014 $156,000 $90,000 $246,000 $3,615
2013 $138,000 $86,000 $224,000 $3,267
2012 $64,000 $133,000 $197,000 $2,949
2011 $75,000 $175,000 $250,000 $3,279
2010 $75,000 $175,000 $250,000 $3,176
2009 $128,000 $175,000 $303,000 $3,347
2007 $200,000 $84,000 $284,000 $2,966

Property facts

Year built
1987
Property type
single_family
Stories
Beds
3
Baths
3
Living area
1,900 sqft
Lot size
5,000 sqft
ZIP code
98023
City
Federal Way
Street
47th Pl
Coordinates
47.31962, -122.39313

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
$4,370
Gross rental yield
8.74%
Implied cap rate
5.68%
Trend-extrapolated value

Frequently asked questions

When did 31432 47th Pl last sell?
31432 47th Pl most recently sold on Sep 22, 2022 for $599,950.
What is the current tax assessment for 31432 47th Pl?
The most recent total assessment for 31432 47th Pl (year 2025) is $588,000 with $5,535 in property tax.
How does 31432 47th Pl's assessment compare to its last sale price?
The current assessment is 2.0% below the last sale price of $599,950.
When was 31432 47th Pl built?
31432 47th Pl was built in 1987.
How does 31432 47th Pl compare to others on 47th Pl?
We track 8 other properties on 47th Pl. Browse the list under "Other properties on 47th Pl" to compare beds, baths, and sale history.
What are the property facts for 31432 47th Pl?
31432 47th Pl is a 3 bed, 3 bath, 1,900 sqft, 5,000 sqft lot single_family.
Is 31432 47th Pl a flip candidate?
No — 31432 47th Pl does not appear in our flips dataset.
Is 31432 47th Pl a tax-appeal candidate?
No — 31432 47th 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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