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31863 48th Cir

Federal Way, WA 98023

2 bd 2 ba 1,670 sqft Built 2000 condos
Most recent sale
$590,000
Sep 23, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 23, 2022 Sold $590,000 MLS #1964473
Aug 12, 2022 Price changed $596,900 MLS #1964473
Jul 30, 2022 Price changed $604,900 MLS #1964473
Jul 23, 2022 Price changed $613,950 MLS #1964473
Jul 8, 2022 Listed $625,000 MLS #1964473

Tax assessment history

No tax assessment data

No assessment history available for this parcel.

Property facts

Year built
2000
Property type
condos
Stories
Beds
2
Baths
2
Living area
1,670 sqft
Lot size
ZIP code
98023
City
Federal Way
Street
48th Cir
Coordinates
47.31611, -122.39434

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,841
Gross rental yield
7.81%
Implied cap rate
5.08%
Trend-extrapolated value

Frequently asked questions

When did 31863 48th Cir last sell?
31863 48th Cir most recently sold on Sep 23, 2022 for $590,000.
What is the current tax assessment for 31863 48th Cir?
No tax-assessment history is recorded for this parcel.
When was 31863 48th Cir built?
31863 48th Cir was built in 2000.
How does 31863 48th Cir compare to others on 48th Cir?
We track 8 other properties on 48th Cir. Browse the list under "Other properties on 48th Cir" to compare beds, baths, and sale history.
What are the property facts for 31863 48th Cir?
31863 48th Cir is a 2 bed, 2 bath, 1,670 sqft condos.
Is 31863 48th Cir a flip candidate?
No — 31863 48th Cir does not appear in our flips dataset.
Is 31863 48th Cir a tax-appeal candidate?
No — 31863 48th Cir 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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