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31724 48th Ln

Federal Way, WA 98023

2 bd 2 ba 1,063 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

YearBuildingLandTotal assessedTax paid
2025 $265,600 $51,400 $317,000 $3,750
2024 $273,600 $51,400 $325,000 $3,589
2023 $269,100 $32,900 $302,000 $3,039
2022 $223,200 $28,800 $252,000 $2,917
2021 $182,200 $28,800 $211,000 $2,608
2020 $168,400 $24,600 $193,000 $2,356
2019 $159,400 $24,600 $184,000 $2,173
2018 $147,400 $24,600 $172,000 $2,496
2017 $124,400 $24,600 $149,000 $2,171
2016 $123,400 $24,600 $148,000 $2,248
2015 $134,400 $24,600 $159,000 $2,350
2014 $90,400 $24,600 $115,000 $1,893
2013 $82,400 $24,600 $107,000 $1,809
2012 $122,400 $24,600 $147,000 $2,126
2011 $137,400 $24,600 $162,000 $1,959
2009 $155,400 $24,600 $180,000 $2,018

Property facts

Year built
1980
Property type
condo_townhome_rowhome_coop
Stories
Beds
2
Baths
2
Living area
1,063 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 months

Frequently asked questions

When did 31724 48th Ln last sell?
No public-record sale is on file for 31724 48th Ln.
What is the current tax assessment for 31724 48th Ln?
The most recent total assessment for 31724 48th Ln (year 2025) is $317,000 with $3,750 in property tax.
When was 31724 48th Ln built?
31724 48th Ln was built in 1980.
How does 31724 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 31724 48th Ln?
31724 48th Ln is a 2 bed, 2 bath, 1,063 sqft condo_townhome_rowhome_coop.
Is 31724 48th Ln a flip candidate?
No — 31724 48th Ln does not appear in our flips dataset.
Is 31724 48th Ln a tax-appeal candidate?
No — 31724 48th Ln 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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