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118 198th Ave

Lake Tapps, WA 98391

4 bd 3 ba 2,600 sqft Built 1984 Lot 87,120 sqft single_family
Most recent sale
$870,000
Dec 8, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 8, 2021 Sold $870,000 MLS #1835888
Sep 22, 2021 Price changed $899,900 MLS #1835888
Sep 12, 2021 Listed $949,950 MLS #1835888

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $494,300 $454,600 $948,900 $9,441
2025 $494,300 $454,600 $948,900 $8,851
2024 $394,900 $431,300 $826,200 $8,192
2023 $383,800 $413,800 $797,600 $7,806
2022 $326,500 $374,000 $700,500 $7,900
2021 $290,100 $299,200 $589,300 $7,683
2020 $290,200 $251,800 $542,000 $7,226
2019 $288,100 $213,400 $501,500 $4,533
2018 $266,400 $187,800 $454,200 $7,042
2017 $235,900 $170,700 $406,600 $5,964
2016 $218,900 $136,600 $355,500 $5,551
2015 $213,400 $136,600 $350,000 $5,629
2014 $190,500 $124,400 $314,900 $5,063
2013 $186,300 $114,400 $300,700 $5,043
2012 $189,400 $134,600 $324,000 $4,732
2011 $186,400 $166,000 $352,400 $4,770
2010 $197,300 $231,100 $428,400 $5,140
2008 $222,900 $235,600 $458,500 $5,080
2007 $223,800 $235,600 $459,400 $4,656

Property facts

Year built
1984
Property type
single_family
Stories
Beds
4
Baths
3
Living area
2,600 sqft
Lot size
87,120 sqft
ZIP code
98391
City
Lake Tapps
Street
198th Ave
Coordinates
47.25727, -122.16506

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,980
Gross rental yield
8.25%
Implied cap rate
5.36%
Trend-extrapolated value

Frequently asked questions

When did 118 198th Ave last sell?
118 198th Ave most recently sold on Dec 8, 2021 for $870,000.
What is the current tax assessment for 118 198th Ave?
The most recent total assessment for 118 198th Ave (year 2026) is $948,900 with $9,441 in property tax.
How does 118 198th Ave's assessment compare to its last sale price?
The current assessment is 9.1% above the last sale price of $870,000.
When was 118 198th Ave built?
118 198th Ave was built in 1984.
How does 118 198th Ave compare to others on 198th Ave?
We track 6 other properties on 198th Ave. Browse the list under "Other properties on 198th Ave" to compare beds, baths, and sale history.
What are the property facts for 118 198th Ave?
118 198th Ave is a 4 bed, 3 bath, 2,600 sqft, 87,120 sqft lot single_family.
Is 118 198th Ave a flip candidate?
No — 118 198th Ave does not appear in our flips dataset.
Is 118 198th Ave a tax-appeal candidate?
No — 118 198th 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
+0.7%
Implied 1-yr
+2.8%
2026 Q3
$750.6K
2026 Q4
$755.6K
ZIP 98391 — Median Price History + Forecast

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