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12508 123rd Ave

Rainier, WA 98576

3 bd 3 ba 2,132 sqft Built 1995 Lot 220,414 sqft single_family
Most recent sale
$780,000
May 25, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 25, 2022 Sold $780,000 MLS #1915974
Apr 20, 2022 Listed $749,950 MLS #1915974
Aug 29, 2003 Sold $279,000 Public Record
Jun 9, 1994 Sold $75,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $281,000 $108,100 $389,100 $4,071
2020 $239,700 $118,000 $357,700 $4,117
2019 $245,100 $105,500 $350,600 $3,616
2018 $224,300 $94,200 $318,500 $4,046
2017 $210,900 $88,750 $299,650 $3,713
2016 $183,400 $90,450 $273,850 $3,489
2015 $173,700 $92,400 $266,100 $3,585
2014 $159,700 $105,000 $264,700 $3,801
2013 $152,800 $106,950 $259,750 $3,939
2012 $152,800 $106,950 $259,750 $3,826
2011 $156,800 $124,100 $280,900 $4,043
2010 $173,600 $143,500 $317,100 $4,058
2008 $209,700 $207,550 $417,250 $4,805
2007 $219,700 $234,200 $453,900 $3,710

Property facts

Year built
1995
Property type
single_family
Stories
Beds
3
Baths
3
Living area
2,132 sqft
Lot size
220,414 sqft
ZIP code
98576
City
Rainier
Street
123rd Ave
Coordinates
46.90572, -122.66984

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,904
Gross rental yield
7.54%
Implied cap rate
4.90%
Trend-extrapolated value

Frequently asked questions

When did 12508 123rd Ave last sell?
12508 123rd Ave most recently sold on May 25, 2022 for $780,000.
What is the current tax assessment for 12508 123rd Ave?
The most recent total assessment for 12508 123rd Ave (year 2021) is $389,100 with $4,071 in property tax.
How does 12508 123rd Ave's assessment compare to its last sale price?
The current assessment is 50.1% below the last sale price of $780,000.
When was 12508 123rd Ave built?
12508 123rd Ave was built in 1995.
How does 12508 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 12508 123rd Ave?
12508 123rd Ave is a 3 bed, 3 bath, 2,132 sqft, 220,414 sqft lot single_family.
Is 12508 123rd Ave a flip candidate?
No — 12508 123rd Ave does not appear in our flips dataset.
Is 12508 123rd Ave a tax-appeal candidate?
No — 12508 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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