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24005 242nd Way

Maple Valley, WA 98038

4 bd 3 ba 2,580 sqft Built 1994 Lot 24,757 sqft single_family
Most recent sale
$1,450,000
Jun 16, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 16, 2022 Sold $1,450,000 MLS #1931151
May 13, 2022 Listed $1,379,000 MLS #1931151
Oct 26, 1994 Sold $253,950 Public Record
Mar 15, 1994 Sold $61,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $781,000 $305,000 $1,086,000 $11,476
2024 $725,000 $280,000 $1,005,000 $10,116
2023 $543,000 $484,000 $1,027,000 $10,303
2022 $436,000 $287,000 $723,000 $8,786
2021 $427,000 $246,000 $673,000 $8,978
2020 $428,000 $242,000 $670,000 $8,255
2019 $398,000 $230,000 $628,000 $7,536
2018 $363,000 $210,000 $573,000 $8,370
2017 $342,000 $189,000 $531,000 $7,574
2016 $322,000 $178,000 $500,000 $7,586
2015 $294,000 $162,000 $456,000 $7,077
2014 $250,000 $150,000 $400,000 $6,919
2013 $223,000 $140,000 $363,000 $5,816
2012 $230,000 $145,000 $375,000 $5,945
2011 $259,000 $145,000 $404,000 $5,365
2010 $259,000 $145,000 $404,000 $5,262
2009 $313,000 $162,000 $475,000 $5,246
2007 $287,000 $144,000 $431,000 $4,797

Property facts

Year built
1994
Property type
single_family
Stories
Beds
4
Baths
3
Living area
2,580 sqft
Lot size
24,757 sqft
ZIP code
98038
City
Maple Valley
Street
242nd Way
Coordinates
47.38676, -122.01860

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,934
Gross rental yield
4.91%
Implied cap rate
3.19%
Trend-extrapolated value

Frequently asked questions

When did 24005 242nd Way last sell?
24005 242nd Way most recently sold on Jun 16, 2022 for $1,450,000.
What is the current tax assessment for 24005 242nd Way?
The most recent total assessment for 24005 242nd Way (year 2025) is $1,086,000 with $11,476 in property tax.
How does 24005 242nd Way's assessment compare to its last sale price?
The current assessment is 25.1% below the last sale price of $1,450,000.
When was 24005 242nd Way built?
24005 242nd Way was built in 1994.
How does 24005 242nd Way compare to others on 242nd Way?
We track 7 other properties on 242nd Way. Browse the list under "Other properties on 242nd Way" to compare beds, baths, and sale history.
What are the property facts for 24005 242nd Way?
24005 242nd Way is a 4 bed, 3 bath, 2,580 sqft, 24,757 sqft lot single_family.
Is 24005 242nd Way a flip candidate?
No — 24005 242nd Way does not appear in our flips dataset.
Is 24005 242nd Way a tax-appeal candidate?
No — 24005 242nd Way 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
+2.3%
Implied 1-yr
+9.3%
2026 Q3
$1.1M
2026 Q4
$1.12M
ZIP 98038 — Median Price History + Forecast

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