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8818 118th Ave

Newcastle, WA 98056

3 bd 2 ba 1,340 sqft Built 1972 Lot 9,931 sqft single_family
Most recent sale
$765,000
May 4, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 4, 2023 Sold $765,000 NWMLS
Dec 28, 2022 Listing removed NWMLS
Oct 28, 2022 Price changed $825,000 NWMLS
Oct 9, 2022 Listed $850,000 NWMLS
Oct 21, 1987 Sold $82,000 Public Record
Jun 1, 1983 Sold $73,000 Public Record
Jan 10, 1978 Sold $47,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $176,000 $636,000 $812,000 $7,224
2024 $167,000 $594,000 $761,000 $6,463
2023 $161,000 $610,000 $771,000 $940
2022 $106,000 $459,000 $565,000 $1,124
2021 $236,000 $284,000 $520,000 $1,183
2020 $230,000 $278,000 $508,000 $1,173
2019 $237,000 $296,000 $533,000 $2,700
2018 $208,000 $260,000 $468,000 $5,669
2017 $168,000 $233,000 $401,000 $4,745
2016 $159,000 $220,000 $379,000 $4,691
2015 $131,000 $240,000 $371,000 $4,380
2014 $106,000 $215,000 $321,000 $4,293
2013 $97,000 $200,000 $297,000 $4,035
2012 $96,000 $220,000 $316,000 $3,736
2011 $93,000 $212,000 $305,000 $3,651
2009 $213,000 $158,000 $371,000 $3,595
2007 $191,000 $142,000 $333,000 $3,004

Property facts

Year built
1972
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,340 sqft
Lot size
9,931 sqft
ZIP code
98056
City
Newcastle
Street
118th Ave
Coordinates
47.52329, -122.18284

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,082
Gross rental yield
4.83%
Implied cap rate
3.14%
Trend-extrapolated value

Frequently asked questions

When did 8818 118th Ave last sell?
8818 118th Ave most recently sold on May 4, 2023 for $765,000.
What is the current tax assessment for 8818 118th Ave?
The most recent total assessment for 8818 118th Ave (year 2025) is $812,000 with $7,224 in property tax.
How does 8818 118th Ave's assessment compare to its last sale price?
The current assessment is 6.1% above the last sale price of $765,000.
When was 8818 118th Ave built?
8818 118th Ave was built in 1972.
How does 8818 118th Ave compare to others on 118th Ave?
We track 8 other properties on 118th Ave. Browse the list under "Other properties on 118th Ave" to compare beds, baths, and sale history.
What are the property facts for 8818 118th Ave?
8818 118th Ave is a 3 bed, 2 bath, 1,340 sqft, 9,931 sqft lot single_family.
Is 8818 118th Ave a flip candidate?
No — 8818 118th Ave does not appear in our flips dataset.
Is 8818 118th Ave a tax-appeal candidate?
No — 8818 118th 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
+6.1%
Implied 1-yr
+24.2%
2026 Q3
$1.88M
2026 Q4
$1.88M
ZIP 98056 — Median Price History + Forecast

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