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31621 7th Pl

Federal Way, WA 98003

3 bd 1 ba 970 sqft Built 1967 Lot 8,250 sqft single_family
Most recent sale
$475,000
May 18, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 18, 2022 Sold $475,000 MLS #1923453
Apr 28, 2022 Listed $475,000 MLS #1923453
May 27, 2016 Sold $239,000 MLS #911687
Apr 28, 2016 Listed $225,000 MLS #911687

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $284,000 $146,000 $430,000 $4,230
2024 $271,000 $146,000 $417,000 $4,203
2023 $291,000 $120,000 $411,000 $4,096
2022 $230,000 $96,000 $326,000 $3,748
2021 $176,000 $78,000 $254,000 $3,128
2020 $176,000 $78,000 $254,000 $2,876
2019 $172,000 $65,000 $237,000 $2,662
2018 $165,000 $62,000 $227,000 $2,920
2017 $145,000 $57,000 $202,000 $2,498
2016 $120,000 $52,000 $172,000 $2,428
2015 $110,000 $50,000 $160,000 $2,256
2014 $102,000 $50,000 $152,000 $2,276
2013 $66,000 $73,000 $139,000 $2,218
2012 $59,000 $73,000 $132,000 $2,295
2011 $81,000 $98,000 $179,000 $2,373
2010 $89,000 $98,000 $187,000 $2,398
2009 $141,000 $76,000 $217,000 $2,422
2007 $128,000 $73,000 $201,000 $2,123

Property facts

Year built
1967
Property type
single_family
Stories
Beds
3
Baths
1
Living area
970 sqft
Lot size
8,250 sqft
ZIP code
98003
City
Federal Way
Street
7th Pl
Coordinates
47.31821, -122.32491

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,231
Gross rental yield
5.64%
Implied cap rate
3.66%
Trend-extrapolated value

Frequently asked questions

When did 31621 7th Pl last sell?
31621 7th Pl most recently sold on May 18, 2022 for $475,000.
What is the current tax assessment for 31621 7th Pl?
The most recent total assessment for 31621 7th Pl (year 2025) is $430,000 with $4,230 in property tax.
How does 31621 7th Pl's assessment compare to its last sale price?
The current assessment is 9.5% below the last sale price of $475,000.
When was 31621 7th Pl built?
31621 7th Pl was built in 1967.
How does 31621 7th Pl compare to others on 7th Pl?
We track 8 other properties on 7th Pl. Browse the list under "Other properties on 7th Pl" to compare beds, baths, and sale history.
What are the property facts for 31621 7th Pl?
31621 7th Pl is a 3 bed, 1 bath, 970 sqft, 8,250 sqft lot single_family.
Is 31621 7th Pl a flip candidate?
No — 31621 7th Pl does not appear in our flips dataset.
Is 31621 7th Pl a tax-appeal candidate?
No — 31621 7th Pl 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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