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8116 48th Ave

Seattle, WA 98118

2 bd 1 ba 1,480 sqft Built 1926 Lot 5,000 sqft single_family
Most recent sale
$600,000
Aug 9, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 9, 2022 Sold $600,000 MLS #1963823
Jul 12, 2022 Listed $565,000 MLS #1963823
Jun 28, 2019 Sold $460,500 Public Record
Dec 23, 2014 Sold $255,000 MLS #709018
Nov 7, 2014 Listed $259,900 MLS #709018
Jan 30, 2009 Sold $221,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $273,000 $303,000 $576,000 $5,601
2024 $231,000 $303,000 $534,000 $5,248
2023 $261,000 $283,000 $544,000 $5,105
2022 $215,000 $256,000 $471,000 $4,808
2021 $188,000 $225,000 $413,000 $4,462
2020 $188,000 $225,000 $413,000 $3,852
2019 $174,000 $181,000 $355,000 $3,291
2018 $182,000 $151,000 $333,000 $3,171
2017 $147,000 $133,000 $280,000 $2,637
2016 $125,000 $112,000 $237,000 $2,319
2015 $102,000 $100,000 $202,000 $2,144
2014 $105,000 $87,000 $192,000 $2,323
2013 $99,000 $95,000 $194,000 $2,335
2012 $99,000 $95,000 $194,000 $2,449
2011 $138,000 $104,000 $242,000 $2,584
2010 $138,000 $104,000 $242,000 $2,406
2009 $172,000 $104,000 $276,000 $241
2007 $159,000 $93,000 $252,000 $184

Property facts

Year built
1926
Property type
single_family
Stories
Beds
2
Baths
1
Living area
1,480 sqft
Lot size
5,000 sqft
ZIP code
98118
City
Seattle
Street
48th Ave
Coordinates
47.52976, -122.27247

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,404
Gross rental yield
6.81%
Implied cap rate
4.43%
Trend-extrapolated value

Frequently asked questions

When did 8116 48th Ave last sell?
8116 48th Ave most recently sold on Aug 9, 2022 for $600,000.
What is the current tax assessment for 8116 48th Ave?
The most recent total assessment for 8116 48th Ave (year 2025) is $576,000 with $5,601 in property tax.
How does 8116 48th Ave's assessment compare to its last sale price?
The current assessment is 4.0% below the last sale price of $600,000.
When was 8116 48th Ave built?
8116 48th Ave was built in 1926.
How does 8116 48th Ave compare to others on 48th Ave?
We track 8 other properties on 48th Ave. Browse the list under "Other properties on 48th Ave" to compare beds, baths, and sale history.
What are the property facts for 8116 48th Ave?
8116 48th Ave is a 2 bed, 1 bath, 1,480 sqft, 5,000 sqft lot single_family.
Is 8116 48th Ave a flip candidate?
No — 8116 48th Ave does not appear in our flips dataset.
Is 8116 48th Ave a tax-appeal candidate?
No — 8116 48th 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
+1.0%
Implied 1-yr
+4.1%
2026 Q3
$942.4K
2026 Q4
$951.5K
ZIP 98118 — Median Price History + Forecast

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