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28828 7th Ave

Federal Way, WA 98003

4 bd 3 ba 2,850 sqft Built 1974 Lot 12,011 sqft single_family
Most recent sale
$995,000
May 12, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 12, 2022 Sold $995,000 MLS #1919444
Apr 21, 2022 Listed $995,000 MLS #1919444
Jul 9, 2008 Sold $590,000 Public Record
Sep 27, 1988 Sold $169,950 Public Record
May 27, 1987 Sold $163,950 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $659,000 $425,000 $1,084,000 $8,476
2024 $552,000 $310,000 $862,000 $8,448
2023 $554,000 $286,000 $840,000 $8,178
2022 $406,000 $260,000 $666,000 $7,479
2021 $329,000 $239,000 $568,000 $6,801
2020 $322,000 $226,000 $548,000 $6,502
2019 $369,000 $189,000 $558,000 $6,383
2018 $332,000 $177,000 $509,000 $7,198
2017 $317,000 $177,000 $494,000 $6,983
2016 $278,000 $165,000 $443,000 $6,546
2015 $260,000 $154,000 $414,000 $5,975
2014 $205,000 $147,000 $352,000 $5,630
2013 $171,000 $243,000 $414,000 $6,768
2012 $207,000 $317,000 $524,000 $6,096
2011 $207,000 $317,000 $524,000 $6,778
2010 $207,000 $317,000 $524,000 $6,562
2009 $319,000 $317,000 $636,000 $6,929
2007 $339,000 $208,000 $547,000 $5,617

Property facts

Year built
1974
Property type
single_family
Stories
Beds
4
Baths
3
Living area
2,850 sqft
Lot size
12,011 sqft
ZIP code
98003
City
Federal Way
Street
7th Ave
Coordinates
47.34247, -122.32545

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$6,555
Gross rental yield
7.91%
Implied cap rate
5.14%
Trend-extrapolated value

Frequently asked questions

When did 28828 7th Ave last sell?
28828 7th Ave most recently sold on May 12, 2022 for $995,000.
What is the current tax assessment for 28828 7th Ave?
The most recent total assessment for 28828 7th Ave (year 2025) is $1,084,000 with $8,476 in property tax.
How does 28828 7th Ave's assessment compare to its last sale price?
The current assessment is 8.9% above the last sale price of $995,000.
When was 28828 7th Ave built?
28828 7th Ave was built in 1974.
How does 28828 7th Ave compare to others on 7th Ave?
We track 8 other properties on 7th Ave. Browse the list under "Other properties on 7th Ave" to compare beds, baths, and sale history.
What are the property facts for 28828 7th Ave?
28828 7th Ave is a 4 bed, 3 bath, 2,850 sqft, 12,011 sqft lot single_family.
Is 28828 7th Ave a flip candidate?
No — 28828 7th Ave does not appear in our flips dataset.
Is 28828 7th Ave a tax-appeal candidate?
No — 28828 7th 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
-0.5%
Implied 1-yr
-1.8%
2026 Q3
$810K
2026 Q4
$810K
ZIP 98003 — Median Price History + Forecast

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