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23117 40th Ave

Spanaway, WA 98387

4 bd 3 ba 1,806 sqft Built 1998 Lot 12,031 sqft single_family
Most recent sale
$507,750
Jun 3, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 3, 2022 Sold $507,750 MLS #1924860
Apr 29, 2022 Listed $499,950 MLS #1924860
Jun 2, 2020 Sold $360,000 MLS #1593980
Apr 26, 2020 Listed $325,000 MLS #1593980
Aug 24, 2015 Sold $213,700 Public Record
Nov 29, 2004 Sold $199,984 Public Record
Oct 16, 1998 Sold $136,950 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $309,700 $163,000 $472,700 $5,323
2025 $309,700 $163,000 $472,700 $5,190
2024 $275,900 $152,700 $428,600 $4,989
2023 $290,800 $163,000 $453,800 $5,180
2022 $249,200 $133,500 $382,700 $4,975
2021 $218,600 $100,600 $319,200 $4,475
2020 $201,900 $85,400 $287,300 $4,144
2019 $198,400 $70,100 $268,500 $3,264
2018 $187,400 $54,900 $242,300 $3,760
2017 $161,700 $48,800 $210,500 $3,325
2016 $140,100 $47,600 $187,700 $3,080
2015 $129,100 $43,700 $172,800 $2,922
2014 $118,700 $39,800 $158,500 $2,622
2013 $115,700 $38,200 $153,900 $2,550
2012 $127,200 $48,300 $175,500 $2,656
2011 $129,000 $62,600 $191,600 $2,733
2010 $129,700 $76,900 $206,600 $2,707
2008 $137,300 $84,800 $222,100 $2,707
2007 $144,800 $87,500 $232,300 $2,677

Property facts

Year built
1998
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
1,806 sqft
Lot size
12,031 sqft
ZIP code
98387
City
Spanaway
Street
40th Ave
Coordinates
47.04602, -122.37666

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,154
Gross rental yield
9.82%
Implied cap rate
6.38%
Trend-extrapolated value

Frequently asked questions

When did 23117 40th Ave last sell?
23117 40th Ave most recently sold on Jun 3, 2022 for $507,750.
What is the current tax assessment for 23117 40th Ave?
The most recent total assessment for 23117 40th Ave (year 2026) is $472,700 with $5,323 in property tax.
How does 23117 40th Ave's assessment compare to its last sale price?
The current assessment is 6.9% below the last sale price of $507,750.
When was 23117 40th Ave built?
23117 40th Ave was built in 1998.
How does 23117 40th Ave compare to others on 40th Ave?
We track 8 other properties on 40th Ave. Browse the list under "Other properties on 40th Ave" to compare beds, baths, and sale history.
What are the property facts for 23117 40th Ave?
23117 40th Ave is a 4 bed, 3 bath, 1,806 sqft, 12,031 sqft lot single_family.
Is 23117 40th Ave a flip candidate?
No — 23117 40th Ave does not appear in our flips dataset.
Is 23117 40th Ave a tax-appeal candidate?
No — 23117 40th 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
+2.5%
Implied 1-yr
+10.1%
2026 Q3
$556.4K
2026 Q4
$568.5K
ZIP 98387 — Median Price History + Forecast

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