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397 Palisades Rd

Palisades, WA 98845

3 bd 2 ba 1,896 sqft Built 1983 Lot 895,594 sqft single_family
Most recent sale
$420,000
May 4, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 4, 2022 Sold $420,000 MLS #725489
Aug 31, 1999 Sold $126,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $258,700 $25,300 $284,000 $2,661
2025 $261,700 $20,300 $282,000 $2,171
2024 $261,700 $21,400 $283,100 $2,164
2023 $261,700 $21,000 $282,700 $2,306
2022 $211,000 $77,800 $288,800 $2,494
2021 $208,500 $77,800 $286,300 $2,649
2020 $208,500 $77,800 $286,300 $2,593
2019 $208,500 $77,800 $286,300 $2,500
2018 $208,500 $77,800 $286,300 $2,599
2017 $208,500 $77,800 $286,300 $2,420
2016 $208,500 $77,800 $286,300 $2,139
2015 $168,300 $77,800 $246,100 $2,202
2014 $168,300 $77,800 $246,100 $2,184
2013 $168,300 $77,800 $246,100 $2,175
2012 $168,300 $64,500 $232,800 $2,072
2011 $172,600 $64,500 $237,100 $2,040
2010 $198,600 $82,700 $281,300 $2,247
2009 $198,600 $82,700 $281,300 $2,194
2008 $18,200 $18,200 $180
2007 $24,800 $24,800 $255

Property facts

Year built
1983
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,896 sqft
Lot size
895,594 sqft
ZIP code
98845
City
Palisades
Street
Palisades Rd
Coordinates
47.33398, -120.01252

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,361
Gross rental yield
12.46%
Implied cap rate
8.10%
Trend-extrapolated value

Frequently asked questions

When did 397 Palisades Rd last sell?
397 Palisades Rd most recently sold on May 4, 2022 for $420,000.
What is the current tax assessment for 397 Palisades Rd?
The most recent total assessment for 397 Palisades Rd (year 2026) is $284,000 with $2,661 in property tax.
How does 397 Palisades Rd's assessment compare to its last sale price?
The current assessment is 32.4% below the last sale price of $420,000.
When was 397 Palisades Rd built?
397 Palisades Rd was built in 1983.
How does 397 Palisades Rd compare to others on Palisades Rd?
We track 8 other properties on Palisades Rd. Browse the list under "Other properties on Palisades Rd" to compare beds, baths, and sale history.
What are the property facts for 397 Palisades Rd?
397 Palisades Rd is a 3 bed, 2 bath, 1,896 sqft, 895,594 sqft lot single_family.
Is 397 Palisades Rd a flip candidate?
No — 397 Palisades Rd does not appear in our flips dataset.
Is 397 Palisades Rd a tax-appeal candidate?
No — 397 Palisades Rd 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
+3.5%
Implied 1-yr
+13.9%
2025 Q3
$161.9K
2025 Q4
$166.6K
ZIP 98845 — Median Price History + Forecast

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