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27038 40th Ave

Kent, WA 98032

5 bd 2 ba 2,890 sqft Built 1959 Lot 12,718 sqft single_family
Most recent sale
$650,000
Oct 19, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 19, 2022 Sold $650,000 MLS #1967153
Jul 26, 2022 Price changed $649,000 MLS #1967153
Jul 15, 2022 Listed $675,000 MLS #1967153

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $443,000 $194,000 $637,000 $6,197
2024 $446,000 $165,000 $611,000 $6,093
2023 $469,000 $160,000 $629,000 $6,250
2022 $339,000 $146,000 $485,000 $5,556
2021 $289,000 $126,000 $415,000 $5,078
2020 $289,000 $126,000 $415,000 $4,877
2019 $292,000 $106,000 $398,000 $4,559
2018 $282,000 $101,000 $383,000 $5,111
2017 $244,000 $101,000 $345,000 $4,396
2016 $205,000 $97,000 $302,000 $3,970
2015 $169,000 $91,000 $260,000 $3,518
2014 $144,000 $85,000 $229,000 $3,267
2013 $108,000 $85,000 $193,000 $3,191
2012 $99,000 $85,000 $184,000 $2,938
2011 $117,000 $100,000 $217,000 $3,011
2010 $144,000 $100,000 $244,000 $2,967
2009 $201,000 $100,000 $301,000 $3,168
2007 $183,000 $96,000 $279,000 $2,852

Property facts

Year built
1959
Property type
single_family
Stories
Beds
5
Baths
2
Living area
2,890 sqft
Lot size
12,718 sqft
ZIP code
98032
City
Kent
Street
40th Ave
Coordinates
47.35846, -122.28345

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$6,647
Gross rental yield
12.27%
Implied cap rate
7.98%
Trend-extrapolated value

Frequently asked questions

When did 27038 40th Ave last sell?
27038 40th Ave most recently sold on Oct 19, 2022 for $650,000.
What is the current tax assessment for 27038 40th Ave?
The most recent total assessment for 27038 40th Ave (year 2025) is $637,000 with $6,197 in property tax.
How does 27038 40th Ave's assessment compare to its last sale price?
The current assessment is 2.0% below the last sale price of $650,000.
When was 27038 40th Ave built?
27038 40th Ave was built in 1959.
How does 27038 40th Ave compare to others on 40th Ave?
We track 7 other properties on 40th Ave. Browse the list under "Other properties on 40th Ave" to compare beds, baths, and sale history.
What are the property facts for 27038 40th Ave?
27038 40th Ave is a 5 bed, 2 bath, 2,890 sqft, 12,718 sqft lot single_family.
Is 27038 40th Ave a flip candidate?
No — 27038 40th Ave does not appear in our flips dataset.
Is 27038 40th Ave a tax-appeal candidate?
No — 27038 40th 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
-0.9%
Implied 1-yr
-3.5%
2026 Q3
$712.5K
2026 Q4
$712.5K
ZIP 98032 — Median Price History + Forecast

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