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7221 118th St

Puyallup, WA 98373

4 bd 2 ba 1,788 sqft Built 1977 Lot 13,503 sqft multi_family
Most recent sale
$675,000
May 10, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 10, 2022 Sold $675,000 MLS #1912196
Apr 7, 2022 Listed $639,950 MLS #1912196
Mar 1, 2021 Sold $375,000 Public Record
Jul 17, 2000 Sold $159,950 Public Record
Oct 20, 1977 Sold $50,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $325,400 $203,200 $528,600 $6,011
2025 $325,400 $203,200 $528,600 $5,977
2024 $301,900 $199,300 $501,200 $5,321
2023 $279,400 $192,900 $472,300 $4,922
2022 $236,100 $162,000 $398,100 $4,772
2021 $195,200 $124,000 $319,200 $4,227
2020 $179,300 $108,500 $287,800 $3,805
2019 $170,900 $105,400 $276,300 $3,679
2018 $161,400 $89,300 $250,700 $3,730
2017 $134,000 $80,600 $214,600 $3,300
2016 $128,200 $72,500 $200,700 $3,231
2015 $117,600 $60,000 $177,600 $2,942
2014 $107,200 $55,200 $162,400 $2,678
2013 $112,100 $56,000 $168,100 $2,804
2012 $119,600 $75,000 $194,600 $2,877
2011 $116,200 $88,400 $204,600 $2,879
2010 $120,900 $96,100 $217,000 $2,839
2008 $137,100 $114,500 $251,600 $3,098
2007 $137,100 $117,000 $254,100 $3,050

Property facts

Year built
1977
Property type
multi_family
Stories
Beds
4
Baths
2
Living area
1,788 sqft
Lot size
13,503 sqft
ZIP code
98373
City
Puyallup
Street
118th St
Coordinates
47.14965, -122.33240

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,112
Gross rental yield
7.31%
Implied cap rate
4.75%
Trend-extrapolated value

Frequently asked questions

When did 7221 118th St last sell?
7221 118th St most recently sold on May 10, 2022 for $675,000.
What is the current tax assessment for 7221 118th St?
The most recent total assessment for 7221 118th St (year 2026) is $528,600 with $6,011 in property tax.
How does 7221 118th St's assessment compare to its last sale price?
The current assessment is 21.7% below the last sale price of $675,000.
When was 7221 118th St built?
7221 118th St was built in 1977.
How does 7221 118th St compare to others on 118th St?
We track 8 other properties on 118th St. Browse the list under "Other properties on 118th St" to compare beds, baths, and sale history.
What are the property facts for 7221 118th St?
7221 118th St is a 4 bed, 2 bath, 1,788 sqft, 13,503 sqft lot multi_family.
Is 7221 118th St a flip candidate?
Yes — 7221 118th St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 7221 118th St a tax-appeal candidate?
No — 7221 118th 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
+4.2%
Implied 1-yr
+16.8%
2026 Q3
$765K
2026 Q4
$790.2K
ZIP 98373 — Median Price History + Forecast

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