31723 48th Ln
Federal Way, WA 98023
3 bd 3 ba 1,286 sqft Built 1980 condo_townhome_rowhome_coop
No recorded sales
Location
Timeline: Sale, Listing & Tax History
Recorded events
No recorded events
No sale or listing events are on file for this property.
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $299,600 | $54,400 | $354,000 | $3,744 |
| 2024 | $263,600 | $54,400 | $318,000 | $3,917 |
| 2023 | $295,200 | $34,800 | $330,000 | $3,306 |
| 2022 | $244,500 | $30,500 | $275,000 | $3,170 |
| 2021 | $201,500 | $30,500 | $232,000 | $2,854 |
| 2020 | $186,900 | $26,100 | $213,000 | $2,590 |
| 2019 | $179,900 | $26,100 | $206,000 | $2,420 |
| 2018 | $166,900 | $26,100 | $193,000 | $2,788 |
| 2017 | $142,900 | $26,100 | $169,000 | $2,450 |
| 2016 | $138,900 | $26,100 | $165,000 | $2,495 |
| 2015 | $151,900 | $26,100 | $178,000 | $2,620 |
| 2014 | $98,900 | $26,100 | $125,000 | $2,050 |
| 2013 | $81,900 | $26,100 | $108,000 | $1,825 |
| 2012 | $133,900 | $26,100 | $160,000 | $2,221 |
| 2011 | $151,000 | $26,000 | $177,000 | $2,125 |
| 2009 | $176,000 | $26,000 | $202,000 | $2,255 |
Property facts
Year built
1980
Property type
condo_townhome_rowhome_coop
Stories
—
Beds
3
Baths
3
Living area
1,286 sqft
Lot size
—
ZIP code
98023
City
Federal Way
Street
48th Ln
Coordinates
47.31793, -122.39451
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsFrequently asked questions
When did 31723 48th Ln last sell?
No public-record sale is on file for 31723 48th Ln.
What is the current tax assessment for 31723 48th Ln?
The most recent total assessment for 31723 48th Ln (year 2025) is $354,000 with $3,744 in property tax.
When was 31723 48th Ln built?
31723 48th Ln was built in 1980.
How does 31723 48th Ln compare to others on 48th Ln?
We track 8 other properties on 48th Ln. Browse the list under "Other properties on 48th Ln" to compare beds, baths, and sale history.
What are the property facts for 31723 48th Ln?
31723 48th Ln is a 3 bed, 3 bath, 1,286 sqft condo_townhome_rowhome_coop.
Is 31723 48th Ln a flip candidate?
No — 31723 48th Ln does not appear in our flips dataset.
Is 31723 48th Ln a tax-appeal candidate?
No — 31723 48th Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-0.7%
Implied 1-yr
-2.8%
2026 Q3
$657.5K
2026 Q4
$652.6K
ZIP 98023 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 48th Ln