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1409 196th St

Spanaway, WA 98387

3 bd 3 ba 1,484 sqft Built 1998 Lot 7,318 sqft single_family
Most recent sale
$520,000
Feb 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 3, 2024 Listed for rent $2,900 AppfolioUnits
May 19, 2022 Listed $465,000 MLS #1935492
Feb 28, 2022 Sold $520,000 MLS #1879877
Jan 22, 2022 Listed $465,000 MLS #1879877
Nov 21, 2018 Listing removed $1,795 ShowMojo
Nov 7, 2018 Listed for rent $1,795 ShowMojo
Sep 30, 2017 Listing removed $1,695 ShowMojo
Sep 23, 2017 Listed for rent $1,695 ShowMojo
Oct 26, 2009 Sold $205,000 Public Record
Aug 30, 2009 Listing removed $217,950 NWMLS
Jul 20, 2009 Listed $217,950 MLS #29096711
Jul 27, 2007 Sold $180,000 Public Record
Aug 27, 2004 Sold $188,450 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $308,100 $149,100 $457,200 $5,190
2025 $308,100 $149,100 $457,200 $5,137
2024 $276,400 $149,100 $425,500 $4,987
2023 $300,400 $141,400 $441,800 $5,082
2022 $245,900 $115,100 $361,000 $4,741
2021 $245,900 $115,100 $361,000 $4,408
2020 $218,800 $93,100 $311,900 $4,004
2019 $194,600 $81,200 $275,800 $3,194
2018 $187,600 $73,600 $261,200 $3,653
2017 $169,200 $64,900 $234,100 $3,325
2016 $154,700 $55,200 $209,900 $3,278
2015 $151,100 $49,400 $200,500 $3,138
2014 $138,900 $47,500 $186,400 $2,809
2013 $129,600 $41,000 $170,600 $2,756
2012 $128,300 $39,000 $167,300 $2,751
2011 $137,800 $44,200 $182,000 $2,720
2010 $140,400 $49,700 $190,100 $2,704
2008 $150,000 $69,200 $219,200 $2,654
2007 $155,400 $71,300 $226,700 $2,664

Property facts

Year built
1998
Property type
single_family
Stories
Beds
3
Baths
3
Living area
1,484 sqft
Lot size
7,318 sqft
ZIP code
98387
City
Spanaway
Street
196th St
Coordinates
47.07908, -122.41139

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
$3,413
Gross rental yield
7.88%
Implied cap rate
5.12%
Trend-extrapolated value

Frequently asked questions

When did 1409 196th St last sell?
1409 196th St most recently sold on Feb 28, 2022 for $520,000.
What is the current tax assessment for 1409 196th St?
The most recent total assessment for 1409 196th St (year 2026) is $457,200 with $5,190 in property tax.
How does 1409 196th St's assessment compare to its last sale price?
The current assessment is 12.1% below the last sale price of $520,000.
When was 1409 196th St built?
1409 196th St was built in 1998.
How does 1409 196th St compare to others on 196th St?
We track 8 other properties on 196th St. Browse the list under "Other properties on 196th St" to compare beds, baths, and sale history.
What are the property facts for 1409 196th St?
1409 196th St is a 3 bed, 3 bath, 1,484 sqft, 7,318 sqft lot single_family.
Is 1409 196th St a flip candidate?
No — 1409 196th St does not appear in our flips dataset.
Is 1409 196th St a tax-appeal candidate?
No — 1409 196th 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
+2.5%
Implied 1-yr
+10.1%
2026 Q3
$556.4K
2026 Q4
$568.5K
ZIP 98387 — Median Price History + Forecast

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