31404 51st Ave
Federal Way, WA 98023
3 bd 2 ba 1,469 sqft Built 1969 Lot 9,690 sqft single_family
Most recent sale
$659,000
Apr 5, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 5, 2022 | Sold | $659,000 | MLS #1893555 |
| Feb 26, 2022 | Listed | $599,000 | MLS #1893555 |
| Apr 30, 2015 | Sold | $128,000 | Public Record |
| Apr 23, 2012 | Sold | $128,000 | Public Record |
| Nov 10, 2011 | Listing removed | $129,950 | NWMLS |
| Oct 27, 2011 | Price changed | $129,950 | MLS #264415 |
| Oct 4, 2011 | Price changed | $139,950 | MLS #264415 |
| Sep 9, 2011 | Price changed | $149,950 | MLS #264415 |
| Aug 30, 2011 | Price changed | $159,950 | MLS #264415 |
| Aug 19, 2011 | Price changed | $174,950 | MLS #264415 |
| Aug 17, 2011 | Listed | $199,950 | MLS #264415 |
| Jun 6, 2000 | Sold | $159,000 | Public Record |
| Dec 14, 1998 | Sold | $140,000 | Public Record |
| May 4, 1998 | Sold | $135,000 | Public Record |
| Jun 27, 1991 | Sold | $118,000 | Public Record |
| Nov 23, 1983 | Sold | $63,000 | Public Record |
| Nov 14, 1983 | Sold | $57,650 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $260,000 | $255,000 | $515,000 | $4,947 |
| 2024 | $296,000 | $195,000 | $491,000 | $4,902 |
| 2023 | $298,000 | $181,000 | $479,000 | $4,743 |
| 2022 | $210,000 | $165,000 | $375,000 | $4,285 |
| 2021 | $153,000 | $152,000 | $305,000 | $3,724 |
| 2020 | $153,000 | $152,000 | $305,000 | $3,552 |
| 2019 | $151,000 | $144,000 | $295,000 | $3,315 |
| 2018 | $161,000 | $124,000 | $285,000 | $3,729 |
| 2017 | $144,000 | $116,000 | $260,000 | $3,348 |
| 2016 | $117,000 | $116,000 | $233,000 | $3,287 |
| 2015 | $111,000 | $108,000 | $219,000 | $3,009 |
| 2014 | $104,000 | $101,000 | $205,000 | $3,032 |
| 2013 | $90,000 | $97,000 | $187,000 | $3,024 |
| 2012 | $52,000 | $130,000 | $182,000 | $2,731 |
| 2011 | $61,000 | $170,000 | $231,000 | $3,037 |
| 2010 | $61,000 | $170,000 | $231,000 | $2,942 |
| 2009 | $110,000 | $170,000 | $280,000 | $3,100 |
| 2007 | $162,000 | $87,000 | $249,000 | $2,613 |
Property facts
Year built
1969
Property type
single_family
Stories
—
Beds
3
Baths
2
Living area
1,469 sqft
Lot size
9,690 sqft
ZIP code
98023
City
Federal Way
Street
51st Ave
Coordinates
47.32010, -122.39770
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,379
Gross rental yield
6.15%
Implied cap rate
4.00%
Trend-extrapolated value
—
Frequently asked questions
When did 31404 51st Ave last sell?
31404 51st Ave most recently sold on Apr 5, 2022 for $659,000.
What is the current tax assessment for 31404 51st Ave?
The most recent total assessment for 31404 51st Ave (year 2025) is $515,000 with $4,947 in property tax.
How does 31404 51st Ave's assessment compare to its last sale price?
The current assessment is 21.9% below the last sale price of $659,000.
When was 31404 51st Ave built?
31404 51st Ave was built in 1969.
How does 31404 51st Ave compare to others on 51st Ave?
We track 8 other properties on 51st Ave. Browse the list under "Other properties on 51st Ave" to compare beds, baths, and sale history.
What are the property facts for 31404 51st Ave?
31404 51st Ave is a 3 bed, 2 bath, 1,469 sqft, 9,690 sqft lot single_family.
Is 31404 51st Ave a flip candidate?
No — 31404 51st Ave does not appear in our flips dataset.
Is 31404 51st Ave a tax-appeal candidate?
No — 31404 51st Ave 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 51st Ave