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8940 121st Ave

Newcastle, WA 98056

3 bd 1 ba 1,390 sqft Built 1963 Lot 12,269 sqft single_family
Most recent sale
$875,000
Mar 11, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 11, 2022 Sold $875,000 MLS #1887847
Feb 11, 2022 Listed $699,998 MLS #1887847
Sep 11, 2020 Sold $600,000 MLS #1645475
Aug 13, 2020 Listed $560,000 MLS #1645475

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $206,000 $624,000 $830,000 $7,376
2024 $195,000 $583,000 $778,000 $6,605
2023 $241,000 $598,000 $839,000 $7,487
2022 $214,000 $450,000 $664,000 $6,910
2021 $242,000 $284,000 $526,000 $5,745
2020 $242,000 $284,000 $526,000 $5,596
2019 $236,000 $278,000 $514,000 $5,572
2018 $243,000 $296,000 $539,000 $5,727
2017 $213,000 $260,000 $473,000 $4,791
2016 $172,000 $233,000 $405,000 $4,740
2015 $163,000 $220,000 $383,000 $4,245
2014 $119,000 $240,000 $359,000 $4,165
2013 $96,000 $215,000 $311,000 $4,179
2012 $108,000 $200,000 $308,000 $3,868
2011 $108,000 $220,000 $328,000 $3,784
2010 $105,000 $212,000 $317,000 $3,524
2009 $225,000 $158,000 $383,000 $3,707
2007 $202,000 $142,000 $344,000 $3,094

Property facts

Year built
1963
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,390 sqft
Lot size
12,269 sqft
ZIP code
98056
City
Newcastle
Street
121st Ave
Coordinates
47.52194, -122.17914

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,197
Gross rental yield
4.38%
Implied cap rate
2.85%
Trend-extrapolated value

Frequently asked questions

When did 8940 121st Ave last sell?
8940 121st Ave most recently sold on Mar 11, 2022 for $875,000.
What is the current tax assessment for 8940 121st Ave?
The most recent total assessment for 8940 121st Ave (year 2025) is $830,000 with $7,376 in property tax.
How does 8940 121st Ave's assessment compare to its last sale price?
The current assessment is 5.1% below the last sale price of $875,000.
When was 8940 121st Ave built?
8940 121st Ave was built in 1963.
How does 8940 121st Ave compare to others on 121st Ave?
We track 4 other properties on 121st Ave. Browse the list under "Other properties on 121st Ave" to compare beds, baths, and sale history.
What are the property facts for 8940 121st Ave?
8940 121st Ave is a 3 bed, 1 bath, 1,390 sqft, 12,269 sqft lot single_family.
Is 8940 121st Ave a flip candidate?
Yes — 8940 121st Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 8940 121st Ave a tax-appeal candidate?
No — 8940 121st 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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