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3118 Wells Ave

Renton, WA 98055

4 bd 3 ba 1,820 sqft Built 1990 Lot 4,500 sqft single_family
Most recent sale
$730,000
Aug 23, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 23, 2022 Sold $730,000 MLS #1941025
Jul 14, 2022 Price changed $750,000 MLS #1941025
Jun 29, 2022 Price changed $775,000 MLS #1941025
Jun 17, 2022 Price changed $800,000 MLS #1941025
May 26, 2022 Listed $849,950 MLS #1941025
Sep 14, 2021 Sold $475,000 Public Record
Apr 9, 1998 Sold $1,512,000 Public Record
Jun 14, 1990 Sold $197,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $443,000 $285,000 $728,000 $7,232
2024 $443,000 $262,000 $705,000 $6,889
2023 $455,000 $230,000 $685,000 $6,610
2022 $313,000 $202,000 $515,000 $5,782
2021 $266,000 $189,000 $455,000 $5,347
2020 $266,000 $189,000 $455,000 $5,255
2019 $257,000 $189,000 $446,000 $4,845
2018 $245,000 $180,000 $425,000 $4,744
2017 $244,000 $115,000 $359,000 $4,384
2016 $210,000 $115,000 $325,000 $4,018
2015 $195,000 $108,000 $303,000 $3,676
2014 $186,000 $104,000 $290,000 $3,499
2013 $150,000 $95,000 $245,000 $3,253
2012 $133,000 $95,000 $228,000 $3,412
2011 $149,000 $131,000 $280,000 $3,436
2010 $144,000 $131,000 $275,000 $3,077
2009 $217,000 $131,000 $348,000 $3,484
2007 $195,000 $125,000 $320,000 $3,163

Property facts

Year built
1990
Property type
single_family
Stories
Beds
4
Baths
3
Living area
1,820 sqft
Lot size
4,500 sqft
ZIP code
98055
City
Renton
Street
Wells Ave
Coordinates
47.45113, -122.20498

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,186
Gross rental yield
6.88%
Implied cap rate
4.47%
Trend-extrapolated value

Frequently asked questions

When did 3118 Wells Ave last sell?
3118 Wells Ave most recently sold on Aug 23, 2022 for $730,000.
What is the current tax assessment for 3118 Wells Ave?
The most recent total assessment for 3118 Wells Ave (year 2025) is $728,000 with $7,232 in property tax.
How does 3118 Wells Ave's assessment compare to its last sale price?
The current assessment is 0.3% below the last sale price of $730,000.
When was 3118 Wells Ave built?
3118 Wells Ave was built in 1990.
How does 3118 Wells Ave compare to others on Wells Ave?
We track 8 other properties on Wells Ave. Browse the list under "Other properties on Wells Ave" to compare beds, baths, and sale history.
What are the property facts for 3118 Wells Ave?
3118 Wells Ave is a 4 bed, 3 bath, 1,820 sqft, 4,500 sqft lot single_family.
Is 3118 Wells Ave a flip candidate?
Yes — 3118 Wells Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 3118 Wells Ave a tax-appeal candidate?
No — 3118 Wells 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
-3.0%
Implied 1-yr
-12.1%
2026 Q3
$536.3K
2026 Q4
$536.3K
ZIP 98055 — Median Price History + Forecast

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