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1516 118th Dr

Lake Stevens, WA 98258

4 bd 3 ba 2,438 sqft Built 2015 Lot 5,227 sqft single_family
Most recent sale
$740,000
Sep 26, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 26, 2022 Sold $740,000 MLS #1970347
Jul 19, 2022 Listed $760,000 MLS #1970347
Sep 20, 2021 Sold $700,000 MLS #1819163
Aug 5, 2021 Listed $700,000 MLS #1819163
May 29, 2015 Sold $399,996 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $422,700 $312,000 $734,700 $7,568
2025 $422,700 $312,000 $734,700 $7,423
2024 $426,200 $292,000 $718,200 $6,957
2023 $341,800 $212,000 $553,800 $6,542
2022 $322,200 $176,000 $498,200 $6,300
2021 $322,200 $176,000 $498,200 $5,750
2020 $322,200 $176,000 $498,200 $5,761
2019 $302,200 $180,000 $482,200 $5,475
2018 $289,500 $161,000 $450,500 $5,829
2017 $281,100 $116,000 $397,100 $5,467
2016 $281,100 $116,000 $397,100 $5,267
2015 $70,400 $70,400 $1,045

Property facts

Year built
2015
Property type
single_family
Stories
Beds
4
Baths
3
Living area
2,438 sqft
Lot size
5,227 sqft
ZIP code
98258
City
Lake Stevens
Street
118th Dr
Coordinates
47.98225, -122.07194

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,607
Gross rental yield
9.09%
Implied cap rate
5.91%
Trend-extrapolated value

Frequently asked questions

When did 1516 118th Dr last sell?
1516 118th Dr most recently sold on Sep 26, 2022 for $740,000.
What is the current tax assessment for 1516 118th Dr?
The most recent total assessment for 1516 118th Dr (year 2026) is $734,700 with $7,568 in property tax.
How does 1516 118th Dr's assessment compare to its last sale price?
The current assessment is 0.7% below the last sale price of $740,000.
When was 1516 118th Dr built?
1516 118th Dr was built in 2015.
How does 1516 118th Dr compare to others on 118th Dr?
We track 8 other properties on 118th Dr. Browse the list under "Other properties on 118th Dr" to compare beds, baths, and sale history.
What are the property facts for 1516 118th Dr?
1516 118th Dr is a 4 bed, 3 bath, 2,438 sqft, 5,227 sqft lot single_family.
Is 1516 118th Dr a flip candidate?
No — 1516 118th Dr does not appear in our flips dataset.
Is 1516 118th Dr a tax-appeal candidate?
No — 1516 118th Dr 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
-0.1%
Implied 1-yr
-0.2%
2026 Q3
$796.4K
2026 Q4
$795.9K
ZIP 98258 — Median Price History + Forecast

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