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1431 48th St

Tacoma, WA 98404

3 bd 3 ba 1,838 sqft Built 2019 Lot 2,925 sqft townhomes
Most recent sale
$450,000
Sep 7, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 7, 2022 Sold $450,000 MLS #1970477
Aug 3, 2022 Price changed $466,000 MLS #1970477
Jul 19, 2022 Listed $475,000 MLS #1970477
Jun 29, 2022 Price changed $475,000 MLS #1951821
Jun 23, 2022 Listed $499,000 MLS #1951821
Dec 31, 2019 Sold $360,000 Public Record
Jul 13, 2018 Sold $3,804,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $281,600 $164,800 $446,400 $4,867
2025 $281,600 $164,800 $446,400 $4,679
2024 $253,000 $147,700 $400,700 $4,462
2023 $266,500 $137,400 $403,900 $4,196
2022 $291,400 $114,500 $405,900 $4,655
2021 $291,400 $114,500 $405,900 $4,224
2020 $250,200 $85,900 $336,100 $709
2019 $51,700 $51,700 $546
2018 $38,500 $38,500 $614

Property facts

Year built
2019
Property type
townhomes
Stories
Beds
3
Baths
3
Living area
1,838 sqft
Lot size
2,925 sqft
ZIP code
98404
City
Tacoma
Street
48th St
Coordinates
47.21380, -122.40875

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
$4,227
Gross rental yield
11.27%
Implied cap rate
7.33%
Trend-extrapolated value

Frequently asked questions

When did 1431 48th St last sell?
1431 48th St most recently sold on Sep 7, 2022 for $450,000.
What is the current tax assessment for 1431 48th St?
The most recent total assessment for 1431 48th St (year 2026) is $446,400 with $4,867 in property tax.
How does 1431 48th St's assessment compare to its last sale price?
The current assessment is 0.8% below the last sale price of $450,000.
When was 1431 48th St built?
1431 48th St was built in 2019.
How does 1431 48th St compare to others on 48th St?
We track 8 other properties on 48th St. Browse the list under "Other properties on 48th St" to compare beds, baths, and sale history.
What are the property facts for 1431 48th St?
1431 48th St is a 3 bed, 3 bath, 1,838 sqft, 2,925 sqft lot townhomes.
Is 1431 48th St a flip candidate?
No — 1431 48th St does not appear in our flips dataset.
Is 1431 48th St a tax-appeal candidate?
No — 1431 48th 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
-1.7%
Implied 1-yr
-6.9%
2026 Q3
$400.5K
2026 Q4
$392.8K
ZIP 98404 — Median Price History + Forecast

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