20509 40th Avenue Ct
Spanaway, WA 98387
3 bd 2 ba 1,600 sqft Built 1978 Lot 18,070 sqft single_family
Most recent sale
$480,000
Apr 22, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 22, 2022 | Sold | $480,000 | MLS #1902745 |
| Mar 24, 2022 | Listed | $449,000 | MLS #1902745 |
| Apr 20, 2015 | Sold | $200,000 | Public Record |
| Mar 17, 2015 | Listing removed | $200,000 | NWMLS |
| Mar 14, 2015 | Relisted | $200,000 | MLS #683158 |
| Jan 9, 2015 | Listing removed | $200,000 | NWMLS |
| Nov 1, 2014 | Price changed | $200,000 | MLS #683158 |
| Aug 14, 2014 | Listed | $210,000 | MLS #683158 |
| Jul 30, 1993 | Sold | $115,000 | Public Record |
| Nov 1, 1990 | Sold | $79,000 | Public Record |
| Mar 1, 1979 | Sold | $57,000 | Public Record |
| Apr 18, 1978 | Sold | $47,750 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2026 | $280,700 | $179,800 | $460,500 | $5,186 |
| 2025 | $280,700 | $179,800 | $460,500 | $5,175 |
| 2024 | $246,500 | $177,000 | $423,500 | $4,939 |
| 2023 | $273,800 | $179,800 | $453,600 | $5,184 |
| 2022 | $222,300 | $156,200 | $378,500 | $4,932 |
| 2021 | $198,300 | $116,500 | $314,800 | $4,426 |
| 2020 | $174,700 | $97,600 | $272,300 | $3,940 |
| 2019 | $172,100 | $84,200 | $256,300 | $3,124 |
| 2018 | $153,500 | $77,400 | $230,900 | $3,592 |
| 2017 | $140,700 | $65,300 | $206,000 | $3,255 |
| 2016 | $120,900 | $70,600 | $191,500 | $3,130 |
| 2015 | $116,100 | $71,500 | $187,600 | $3,143 |
| 2014 | $107,300 | $61,700 | $169,000 | $2,773 |
| 2013 | $109,200 | $58,800 | $168,000 | $2,755 |
| 2012 | $117,300 | $66,600 | $183,900 | $2,765 |
| 2011 | $120,500 | $72,500 | $193,000 | $2,746 |
| 2010 | $123,800 | $92,100 | $215,900 | $2,811 |
| 2008 | $129,500 | $101,000 | $230,500 | $2,750 |
| 2007 | $132,900 | $103,900 | $236,800 | $2,716 |
Property facts
Year built
1978
Property type
single_family
Stories
—
Beds
3
Baths
2
Living area
1,600 sqft
Lot size
18,070 sqft
ZIP code
98387
City
Spanaway
Street
40th Avenue Ct
Coordinates
47.07034, -122.37548
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,680
Gross rental yield
9.20%
Implied cap rate
5.98%
Trend-extrapolated value
—
Frequently asked questions
When did 20509 40th Avenue Ct last sell?
20509 40th Avenue Ct most recently sold on Apr 22, 2022 for $480,000.
What is the current tax assessment for 20509 40th Avenue Ct?
The most recent total assessment for 20509 40th Avenue Ct (year 2026) is $460,500 with $5,186 in property tax.
How does 20509 40th Avenue Ct's assessment compare to its last sale price?
The current assessment is 4.1% below the last sale price of $480,000.
When was 20509 40th Avenue Ct built?
20509 40th Avenue Ct was built in 1978.
How does 20509 40th Avenue Ct compare to others on 40th Avenue Ct?
We track 3 other properties on 40th Avenue Ct. Browse the list under "Other properties on 40th Avenue Ct" to compare beds, baths, and sale history.
What are the property facts for 20509 40th Avenue Ct?
20509 40th Avenue Ct is a 3 bed, 2 bath, 1,600 sqft, 18,070 sqft lot single_family.
Is 20509 40th Avenue Ct a flip candidate?
No — 20509 40th Avenue Ct does not appear in our flips dataset.
Is 20509 40th Avenue Ct a tax-appeal candidate?
No — 20509 40th Avenue Ct is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.0%
Implied 1-yr
+0.1%
2026 Q3
$532.8K
2026 Q4
$532.9K
ZIP 98387 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 40th Avenue Ct