502 40th St
Tacoma, WA 98418
4 bd 1 ba 2,369 sqft Built 1921 Lot 5,100 sqft single_family
Most recent sale
$630,000
Sep 7, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 7, 2022 | Sold | $630,000 | MLS #1957268 |
| Aug 9, 2022 | Price changed | $630,000 | MLS #1957268 |
| Jun 23, 2022 | Listed | $649,000 | MLS #1957268 |
| Dec 4, 2020 | Sold | $535,000 | MLS #1683750 |
| Oct 31, 2020 | Listed | $495,000 | MLS #1683750 |
| Sep 18, 2017 | Listing removed | $210,000 | NWMLS |
| Sep 13, 2017 | Listed | $210,000 | MLS #1193039 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2026 | $405,600 | $181,200 | $586,800 | $6,394 |
| 2025 | $405,600 | $181,200 | $586,800 | $6,025 |
| 2024 | $360,200 | $162,700 | $522,900 | $5,819 |
| 2023 | $410,000 | $168,200 | $578,200 | $6,001 |
| 2022 | $363,900 | $135,300 | $499,200 | $5,722 |
| 2021 | $363,900 | $135,300 | $499,200 | $4,319 |
| 2020 | $243,500 | $100,100 | $343,600 | $4,264 |
| 2019 | $230,700 | $83,700 | $314,400 | $3,700 |
| 2018 | $217,300 | $67,300 | $284,600 | $2,930 |
| 2017 | $129,700 | $55,600 | $185,300 | $2,590 |
| 2016 | $112,200 | $48,400 | $160,600 | $2,328 |
| 2015 | $96,800 | $41,100 | $137,900 | $2,221 |
| 2014 | $87,000 | $40,600 | $127,600 | $2,000 |
| 2013 | $80,500 | $35,600 | $116,100 | $1,959 |
| 2012 | $77,000 | $34,500 | $111,500 | $2,192 |
| 2011 | $87,300 | $51,200 | $138,500 | $2,082 |
| 2010 | $86,800 | $56,800 | $143,600 | $1,935 |
| 2008 | $100,700 | $76,700 | $177,400 | $2,079 |
| 2007 | $100,800 | $76,700 | $177,500 | $2,175 |
Property facts
Year built
1921
Property type
single_family
Stories
1
Beds
4
Baths
1
Living area
2,369 sqft
Lot size
5,100 sqft
ZIP code
98418
City
Tacoma
Street
40th St
Coordinates
47.22068, -122.43786
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$5,449
Gross rental yield
10.38%
Implied cap rate
6.75%
Trend-extrapolated value
—
Frequently asked questions
When did 502 40th St last sell?
502 40th St most recently sold on Sep 7, 2022 for $630,000.
What is the current tax assessment for 502 40th St?
The most recent total assessment for 502 40th St (year 2026) is $586,800 with $6,394 in property tax.
How does 502 40th St's assessment compare to its last sale price?
The current assessment is 6.9% below the last sale price of $630,000.
When was 502 40th St built?
502 40th St was built in 1921.
How does 502 40th St compare to others on 40th St?
We track 8 other properties on 40th St. Browse the list under "Other properties on 40th St" to compare beds, baths, and sale history.
What are the property facts for 502 40th St?
502 40th St is a 4 bed, 1 bath, 2,369 sqft, 5,100 sqft lot single_family.
Is 502 40th St a flip candidate?
No — 502 40th St does not appear in our flips dataset.
Is 502 40th St a tax-appeal candidate?
No — 502 40th St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-0.8%
Implied 1-yr
-3.3%
2026 Q3
$394.9K
2026 Q4
$391.5K
ZIP 98418 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 40th St