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12320 123rd Ave

Rainier, WA 98576

4 bd 3 ba 2,624 sqft Built 1974 Lot 226,076 sqft single_family
Most recent sale
$605,000
Aug 31, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 11, 2024 Sold $615,000 NWMLS
Dec 10, 2023 Price changed $637,000 NWMLS
Oct 17, 2023 Listed $650,000 NWMLS
Aug 31, 2022 Sold $605,000 MLS #1955125
Jul 23, 2022 Price changed $629,900 MLS #1955125
Jul 1, 2022 Price changed $639,900 MLS #1955125
Jun 23, 2022 Listed $649,900 MLS #1955125
Oct 30, 2018 Sold $390,000 Public Record
Aug 2, 2018 Listed $399,990 MLS #1339002
Jun 8, 1985 Sold $45,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $409,900 $203,200 $613,100 $6,345
2025 $409,900 $203,200 $613,100 $6,708
2024 $373,100 $189,300 $562,400 $5,272
2023 $419,000 $150,300 $569,300 $5,127
2022 $318,800 $156,900 $475,700 $4,942
2021 $318,800 $156,900 $475,700 $3,882
2020 $270,700 $99,700 $370,400 $3,619
2019 $215,600 $97,500 $313,100 $3,147
2018 $221,500 $89,900 $311,400 $546
2017 $202,300 $80,800 $283,100 $580
2016 $187,100 $75,950 $263,050 $594
2015 $165,500 $77,100 $242,600 $611
2014 $154,900 $78,750 $233,650 $634
2013 $141,900 $81,600 $223,500 $1,534
2012 $138,300 $83,100 $221,400 $1,448
2011 $143,400 $96,450 $239,850 $1,371
2010 $162,600 $109,800 $272,400 $1,278
2008 $184,700 $158,750 $343,450 $1,271
2007 $191,200 $161,350 $352,550 $1,226

Property facts

Year built
1974
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,624 sqft
Lot size
226,076 sqft
ZIP code
98576
City
Rainier
Street
123rd Ave
Coordinates
46.90937, -122.67922

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$6,035
Gross rental yield
11.97%
Implied cap rate
7.78%
Trend-extrapolated value

Frequently asked questions

When did 12320 123rd Ave last sell?
12320 123rd Ave most recently sold on Aug 31, 2022 for $605,000.
What is the current tax assessment for 12320 123rd Ave?
The most recent total assessment for 12320 123rd Ave (year 2026) is $613,100 with $6,345 in property tax.
How does 12320 123rd Ave's assessment compare to its last sale price?
The current assessment is 1.3% above the last sale price of $605,000.
When was 12320 123rd Ave built?
12320 123rd Ave was built in 1974.
How does 12320 123rd Ave compare to others on 123rd Ave?
We track 8 other properties on 123rd Ave. Browse the list under "Other properties on 123rd Ave" to compare beds, baths, and sale history.
What are the property facts for 12320 123rd Ave?
12320 123rd Ave is a 4 bed, 3 bath, 2,624 sqft, 226,076 sqft lot single_family.
Is 12320 123rd Ave a flip candidate?
No — 12320 123rd Ave does not appear in our flips dataset.
Is 12320 123rd Ave a tax-appeal candidate?
No — 12320 123rd 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
+2.7%
Implied 1-yr
+10.9%
2026 Q3
$557.1K
2026 Q4
$569.9K
ZIP 98576 — Median Price History + Forecast

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