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37110 5th Ave

Federal Way, WA 98023

3 bd 2 ba 2,460 sqft Built 1953 Lot 9,750 sqft single_family
Most recent sale
$694,000
Apr 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 24, 2022 Listed for rent $2,750 AppfolioUnits
Jun 18, 2022 Listed for rent $2,750 AppfolioUnits
Apr 28, 2022 Sold $694,000 MLS #1891018
Mar 18, 2022 Price changed $718,000 MLS #1891018
Mar 4, 2022 Price changed $699,900 MLS #1891018
Feb 18, 2022 Listed $749,000 MLS #1891018
May 10, 2018 Sold $360,000 Public Record
Aug 14, 2012 Listing removed $260,000 NWMLS
Jun 2, 2012 Listing removed $1,600 NWMLS
May 26, 2012 Listed $260,000 MLS #362088
Mar 7, 2012 Price changed for rent $1,600 NWMLS
Feb 5, 2012 Listed for rent $1,750 NWMLS

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $414,000 $146,000 $560,000 $5,457
2024 $399,000 $140,000 $539,000 $5,367
2023 $397,000 $130,000 $527,000 $5,200
2022 $308,000 $114,000 $422,000 $4,801
2021 $274,000 $69,000 $343,000 $4,169
2020 $274,000 $69,000 $343,000 $4,054
2019 $269,000 $69,000 $338,000 $3,753
2018 $255,000 $69,000 $324,000 $3,464
2017 $178,000 $63,000 $241,000 $3,139
2016 $160,000 $58,000 $218,000 $3,054
2015 $147,000 $56,000 $203,000 $2,838
2014 $137,000 $56,000 $193,000 $3,189
2013 $125,000 $72,000 $197,000 $3,315
2012 $128,000 $72,000 $200,000 $3,112
2011 $137,000 $57,000 $194,000 $2,564
2010 $143,000 $57,000 $200,000 $2,559
2009 $184,000 $57,000 $241,000 $2,680
2007 $169,000 $55,000 $224,000 $2,374

Property facts

Year built
1953
Property type
single_family
Stories
Beds
3
Baths
2
Living area
2,460 sqft
Lot size
9,750 sqft
ZIP code
98023
City
Federal Way
Street
5th Ave
Coordinates
47.26876, -122.34135

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,658
Gross rental yield
9.78%
Implied cap rate
6.36%
Trend-extrapolated value

Frequently asked questions

When did 37110 5th Ave last sell?
37110 5th Ave most recently sold on Apr 28, 2022 for $694,000.
What is the current tax assessment for 37110 5th Ave?
The most recent total assessment for 37110 5th Ave (year 2025) is $560,000 with $5,457 in property tax.
How does 37110 5th Ave's assessment compare to its last sale price?
The current assessment is 19.3% below the last sale price of $694,000.
When was 37110 5th Ave built?
37110 5th Ave was built in 1953.
How does 37110 5th Ave compare to others on 5th Ave?
We track 8 other properties on 5th Ave. Browse the list under "Other properties on 5th Ave" to compare beds, baths, and sale history.
What are the property facts for 37110 5th Ave?
37110 5th Ave is a 3 bed, 2 bath, 2,460 sqft, 9,750 sqft lot single_family.
Is 37110 5th Ave a flip candidate?
No — 37110 5th Ave does not appear in our flips dataset.
Is 37110 5th Ave a tax-appeal candidate?
No — 37110 5th Ave 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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