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31454 47th Pl

Federal Way, WA 98023

3 bd 3 ba 1,590 sqft Built 1987 Lot 5,224 sqft single_family
Most recent sale
$615,000
Apr 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 22, 2022 Sold $615,000 MLS #1895943
Mar 11, 2022 Listed $550,000 MLS #1895943
Sep 26, 2000 Sold $172,500 Public Record
Oct 15, 1997 Sold $149,950 Public Record
Oct 20, 1994 Sold $145,500 Public Record
Oct 29, 1990 Sold $129,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $305,000 $252,000 $557,000 $5,222
2024 $339,000 $181,000 $520,000 $5,177
2023 $340,000 $167,000 $507,000 $5,009
2022 $253,000 $152,000 $405,000 $4,615
2021 $206,000 $140,000 $346,000 $4,204
2020 $206,000 $140,000 $346,000 $4,007
2019 $201,000 $133,000 $334,000 $3,674
2018 $207,000 $110,000 $317,000 $4,133
2017 $186,000 $103,000 $289,000 $3,710
2016 $156,000 $103,000 $259,000 $3,650
2015 $148,000 $96,000 $244,000 $3,335
2014 $138,000 $90,000 $228,000 $3,363
2013 $122,000 $86,000 $208,000 $3,057
2012 $51,000 $133,000 $184,000 $2,772
2011 $59,000 $175,000 $234,000 $3,075
2010 $59,000 $175,000 $234,000 $2,979
2009 $109,000 $175,000 $284,000 $3,143
2007 $170,000 $84,000 $254,000 $2,658

Property facts

Year built
1987
Property type
single_family
Stories
Beds
3
Baths
3
Living area
1,590 sqft
Lot size
5,224 sqft
ZIP code
98023
City
Federal Way
Street
47th Pl
Coordinates
47.31907, -122.39312

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,657
Gross rental yield
7.14%
Implied cap rate
4.64%
Trend-extrapolated value

Frequently asked questions

When did 31454 47th Pl last sell?
31454 47th Pl most recently sold on Apr 22, 2022 for $615,000.
What is the current tax assessment for 31454 47th Pl?
The most recent total assessment for 31454 47th Pl (year 2025) is $557,000 with $5,222 in property tax.
How does 31454 47th Pl's assessment compare to its last sale price?
The current assessment is 9.4% below the last sale price of $615,000.
When was 31454 47th Pl built?
31454 47th Pl was built in 1987.
How does 31454 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 31454 47th Pl?
31454 47th Pl is a 3 bed, 3 bath, 1,590 sqft, 5,224 sqft lot single_family.
Is 31454 47th Pl a flip candidate?
No — 31454 47th Pl does not appear in our flips dataset.
Is 31454 47th Pl a tax-appeal candidate?
No — 31454 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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