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16111 48th St

Lakebay, WA 98349

5 bd 3 ba 1,688 sqft Built 1997 Lot 55,757 sqft single_family
Most recent sale
$587,500
Dec 8, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 10, 2021 Listing removed NWMLS
Dec 8, 2021 Sold $587,500 NWMLS
Oct 22, 2021 Listed $617,000 NWMLS
Jun 17, 2011 Sold $168,000 Public Record
Mar 24, 2011 Listing removed $168,000 NWMLS
Mar 9, 2011 Listed $168,000 NWMLS
Feb 24, 2011 Sold $251,271 Public Record
Nov 2, 1999 Sold $160,000 Public Record
May 15, 1997 Sold $121,000 Public Record
Aug 6, 1992 Sold $120,000 Public Record
Aug 30, 1988 Sold $50,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $347,100 $159,100 $506,200 $4,510
2025 $347,100 $159,100 $506,200 $4,568
2024 $326,700 $148,900 $475,600 $4,334
2023 $327,700 $148,900 $476,600 $4,171
2022 $266,300 $110,900 $377,200 $3,852
2021 $259,800 $82,100 $341,900 $3,736
2020 $244,300 $71,200 $315,500 $3,632
2019 $228,600 $62,200 $290,800 $3,143
2018 $217,700 $51,800 $269,500 $3,242
2017 $187,400 $46,000 $233,400 $2,767
2016 $144,100 $40,600 $184,700 $2,339
2015 $131,900 $42,700 $174,600 $2,246
2014 $120,500 $39,600 $160,100 $2,122
2013 $109,200 $39,600 $148,800 $1,980
2012 $122,900 $50,000 $172,900 $1,981
2011 $120,800 $64,600 $185,400 $973
2010 $124,100 $78,200 $202,300 $1,914
2008 $126,300 $93,800 $220,100 $1,986
2007 $137,300 $82,500 $219,800 $2,139

Property facts

Year built
1997
Property type
single_family
Stories
Beds
5
Baths
3
Living area
1,688 sqft
Lot size
55,757 sqft
ZIP code
98349
City
Lakebay
Street
48th St
Coordinates
47.30150, -122.75258

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,882
Gross rental yield
7.93%
Implied cap rate
5.15%
Trend-extrapolated value

Frequently asked questions

When did 16111 48th St last sell?
16111 48th St most recently sold on Dec 8, 2021 for $587,500.
What is the current tax assessment for 16111 48th St?
The most recent total assessment for 16111 48th St (year 2026) is $506,200 with $4,510 in property tax.
How does 16111 48th St's assessment compare to its last sale price?
The current assessment is 13.8% below the last sale price of $587,500.
When was 16111 48th St built?
16111 48th St was built in 1997.
How does 16111 48th St compare to others on 48th St?
We track 8 other properties on 48th St. Browse the list under "Other properties on 48th St" to compare beds, baths, and sale history.
What are the property facts for 16111 48th St?
16111 48th St is a 5 bed, 3 bath, 1,688 sqft, 55,757 sqft lot single_family.
Is 16111 48th St a flip candidate?
No — 16111 48th St does not appear in our flips dataset.
Is 16111 48th St a tax-appeal candidate?
No — 16111 48th St 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
+0.4%
Implied 1-yr
+1.5%
2026 Q3
$423K
2026 Q4
$424.5K
ZIP 98349 — Median Price History + Forecast

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