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1517 198th St

Spanaway, WA 98387

3 bd 3 ba 1,544 sqft Built 1998 Lot 11,809 sqft single_family
Most recent sale
$490,000
Apr 8, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 8, 2024 Sold $490,000 NWMLS
Jan 27, 2024 Listed $485,000 NWMLS
Dec 15, 2023 Sold $310,000 Public Record
Nov 5, 2015 Sold $158,900 NWMLS
Mar 26, 2014 Sold $158,900 Public Record
Feb 26, 2014 Listed $158,900 NWMLS
Oct 11, 2006 Sold $209,000 Public Record
Sep 20, 2004 Sold $190,000 Public Record
Sep 20, 2000 Sold $135,500 Public Record
Apr 28, 1998 Sold $122,950 Public Record
Apr 6, 1998 Sold $186,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $252,300 $180,300 $432,600 $4,899
2025 $252,300 $180,300 $432,600 $4,845
2024 $224,100 $180,300 $404,400 $4,730
2023 $243,700 $171,000 $414,700 $4,770
2022 $199,500 $139,200 $338,700 $4,449
2021 $176,400 $104,300 $280,700 $3,983
2020 $165,600 $91,000 $256,600 $3,728
2019 $159,600 $82,500 $242,100 $2,965
2018 $144,000 $72,800 $216,800 $3,388
2017 $131,600 $61,900 $193,500 $3,071
2016 $115,500 $56,000 $171,500 $2,829
2015 $106,200 $53,800 $160,000 $2,717
2014 $104,600 $48,800 $153,400 $2,538
2013 $103,200 $51,700 $154,900 $2,556
2012 $110,800 $58,600 $169,400 $2,564
2011 $115,500 $64,300 $179,800 $2,572
2010 $117,400 $81,800 $199,200 $2,613
2008 $123,800 $89,700 $213,500 $2,576
2007 $128,300 $92,300 $220,600 $2,552

Property facts

Year built
1998
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,544 sqft
Lot size
11,809 sqft
ZIP code
98387
City
Spanaway
Street
198th St
Coordinates
47.07756, -122.40915

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
$3,551
Gross rental yield
8.70%
Implied cap rate
5.65%
Trend-extrapolated value

Frequently asked questions

When did 1517 198th St last sell?
1517 198th St most recently sold on Apr 8, 2024 for $490,000.
What is the current tax assessment for 1517 198th St?
The most recent total assessment for 1517 198th St (year 2026) is $432,600 with $4,899 in property tax.
How does 1517 198th St's assessment compare to its last sale price?
The current assessment is 11.7% below the last sale price of $490,000.
When was 1517 198th St built?
1517 198th St was built in 1998.
How does 1517 198th St compare to others on 198th St?
We track 8 other properties on 198th St. Browse the list under "Other properties on 198th St" to compare beds, baths, and sale history.
What are the property facts for 1517 198th St?
1517 198th St is a 3 bed, 3 bath, 1,544 sqft, 11,809 sqft lot single_family.
Is 1517 198th St a flip candidate?
Yes — 1517 198th St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1517 198th St a tax-appeal candidate?
No — 1517 198th 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
+0.0%
Implied 1-yr
+0.1%
2026 Q3
$532.8K
2026 Q4
$532.9K
ZIP 98387 — Median Price History + Forecast

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