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23431 248th St

Maple Valley, WA 98038

4 bd 3 ba 2,300 sqft Built 1995 Lot 7,000 sqft single_family
Most recent sale
$900,000
Mar 25, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 25, 2022 Sold $900,000 MLS #1889126
Feb 19, 2022 Listed $859,950 MLS #1889126
Nov 6, 2003 Sold $275,000 Public Record
Jan 26, 1996 Sold $195,990 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $384,000 $387,000 $771,000 $8,166
2024 $362,000 $375,000 $737,000 $7,098
2023 $519,000 $193,000 $712,000 $6,716
2022 $385,000 $161,000 $546,000 $6,190
2021 $302,000 $161,000 $463,000 $5,732
2020 $302,000 $161,000 $463,000 $4,982
2019 $285,000 $153,000 $438,000 $4,721
2018 $282,000 $150,000 $432,000 $5,265
2017 $265,000 $125,000 $390,000 $4,633
2016 $243,000 $112,000 $355,000 $4,723
2015 $230,000 $104,000 $334,000 $4,604
2014 $218,000 $99,000 $317,000 $4,187
2013 $169,000 $84,000 $253,000 $3,680
2012 $159,000 $80,000 $239,000 $3,838
2011 $195,000 $97,000 $292,000 $3,915
2010 $201,000 $97,000 $298,000 $3,689
2009 $256,000 $103,000 $359,000 $3,785
2007 $223,000 $94,000 $317,000 $3,454

Property facts

Year built
1995
Property type
single_family
Stories
Beds
4
Baths
3
Living area
2,300 sqft
Lot size
7,000 sqft
ZIP code
98038
City
Maple Valley
Street
248th St
Coordinates
47.37984, -122.02587

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
$5,290
Gross rental yield
7.05%
Implied cap rate
4.58%
Trend-extrapolated value

Frequently asked questions

When did 23431 248th St last sell?
23431 248th St most recently sold on Mar 25, 2022 for $900,000.
What is the current tax assessment for 23431 248th St?
The most recent total assessment for 23431 248th St (year 2025) is $771,000 with $8,166 in property tax.
How does 23431 248th St's assessment compare to its last sale price?
The current assessment is 14.3% below the last sale price of $900,000.
When was 23431 248th St built?
23431 248th St was built in 1995.
How does 23431 248th St compare to others on 248th St?
We track 8 other properties on 248th St. Browse the list under "Other properties on 248th St" to compare beds, baths, and sale history.
What are the property facts for 23431 248th St?
23431 248th St is a 4 bed, 3 bath, 2,300 sqft, 7,000 sqft lot single_family.
Is 23431 248th St a flip candidate?
No — 23431 248th St does not appear in our flips dataset.
Is 23431 248th St a tax-appeal candidate?
No — 23431 248th 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
+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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