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32401 7th Pl

Federal Way, WA 98003

3 bd 2 ba 1,300 sqft Built 1970 Lot 8,789 sqft single_family
Most recent sale
$350,000
Sep 2, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 13, 2023 Sold $560,000 Public Record
Nov 30, 2022 Price changed $549,999 NWMLS
Nov 16, 2022 Price changed $575,000 NWMLS
Oct 14, 2022 Listed $599,999 MLS #2007194
Sep 2, 2022 Sold $350,000 Public Record
Aug 16, 2004 Sold $209,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $422,000 $154,000 $576,000 $5,528
2024 $407,000 $148,000 $555,000 $5,304
2023 $358,000 $137,000 $495,000 $4,895
2022 $276,000 $120,000 $396,000 $4,516
2021 $245,000 $75,000 $320,000 $3,900
2020 $245,000 $75,000 $320,000 $3,786
2019 $240,000 $75,000 $315,000 $3,506
2018 $227,000 $75,000 $302,000 $3,840
2017 $199,000 $69,000 $268,000 $3,278
2016 $165,000 $63,000 $228,000 $3,185
2015 $152,000 $60,000 $212,000 $2,952
2014 $141,000 $60,000 $201,000 $2,481
2013 $79,000 $73,000 $152,000 $2,427
2012 $72,000 $73,000 $145,000 $2,499
2011 $98,000 $98,000 $196,000 $2,590
2010 $106,000 $98,000 $204,000 $2,608
2009 $164,000 $76,000 $240,000 $2,669
2007 $150,000 $73,000 $223,000 $2,340

Property facts

Year built
1970
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,300 sqft
Lot size
8,789 sqft
ZIP code
98003
City
Federal Way
Street
7th Pl
Coordinates
47.31223, -122.32528

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,990
Gross rental yield
10.25%
Implied cap rate
6.66%
Trend-extrapolated value

Frequently asked questions

When did 32401 7th Pl last sell?
32401 7th Pl most recently sold on Sep 2, 2022 for $350,000.
What is the current tax assessment for 32401 7th Pl?
The most recent total assessment for 32401 7th Pl (year 2025) is $576,000 with $5,528 in property tax.
How does 32401 7th Pl's assessment compare to its last sale price?
The current assessment is 64.6% above the last sale price of $350,000.
When was 32401 7th Pl built?
32401 7th Pl was built in 1970.
How does 32401 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 32401 7th Pl?
32401 7th Pl is a 3 bed, 2 bath, 1,300 sqft, 8,789 sqft lot single_family.
Is 32401 7th Pl a flip candidate?
Yes — 32401 7th Pl appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 32401 7th Pl a tax-appeal candidate?
No — 32401 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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