3731 Commencement Bay Dr
Tacoma, WA 98407
3 bd 2 ba 1,467 sqft Built 1985 Lot 6,500 sqft single_family
Most recent sale
$551,000
Aug 31, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 31, 2022 | Sold | $551,000 | MLS #1972347 |
| Jul 21, 2022 | Listed | $549,000 | MLS #1972347 |
| Oct 20, 1994 | Sold | $132,500 | Public Record |
| Jan 9, 1986 | Sold | $72,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2026 | $235,000 | $305,800 | $540,800 | $5,893 |
| 2025 | $235,000 | $305,800 | $540,800 | $5,899 |
| 2024 | $238,100 | $257,900 | $496,000 | $5,520 |
| 2023 | $257,500 | $258,700 | $516,200 | $5,359 |
| 2022 | $213,900 | $203,800 | $417,700 | $4,790 |
| 2021 | $213,900 | $203,800 | $417,700 | $4,574 |
| 2020 | $201,200 | $162,700 | $363,900 | $4,490 |
| 2019 | $194,000 | $137,100 | $331,100 | $800 |
| 2018 | $179,400 | $128,000 | $307,400 | $854 |
| 2017 | $171,600 | $101,600 | $273,200 | $926 |
| 2016 | $163,200 | $85,900 | $249,100 | $3,706 |
| 2015 | $147,600 | $72,100 | $219,700 | $966 |
| 2014 | $135,700 | $72,100 | $207,800 | $1,011 |
| 2013 | $121,100 | $62,300 | $183,400 | $1,029 |
| 2012 | $118,100 | $64,300 | $182,400 | $941 |
| 2011 | $118,800 | $85,200 | $204,000 | $872 |
| 2010 | $123,300 | $92,100 | $215,400 | $435 |
| 2008 | $137,300 | $109,300 | $246,600 | $419 |
| 2007 | $139,500 | $109,300 | $248,800 | $455 |
Property facts
Year built
1985
Property type
single_family
Stories
—
Beds
3
Baths
2
Living area
1,467 sqft
Lot size
6,500 sqft
ZIP code
98407
City
Tacoma
Street
Commencement Bay Dr
Coordinates
47.28270, -122.51795
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
$3,374
Gross rental yield
7.35%
Implied cap rate
4.78%
Trend-extrapolated value
—
Frequently asked questions
When did 3731 Commencement Bay Dr last sell?
3731 Commencement Bay Dr most recently sold on Aug 31, 2022 for $551,000.
What is the current tax assessment for 3731 Commencement Bay Dr?
The most recent total assessment for 3731 Commencement Bay Dr (year 2026) is $540,800 with $5,893 in property tax.
How does 3731 Commencement Bay Dr's assessment compare to its last sale price?
The current assessment is 1.9% below the last sale price of $551,000.
When was 3731 Commencement Bay Dr built?
3731 Commencement Bay Dr was built in 1985.
How does 3731 Commencement Bay Dr compare to others on Commencement Bay Dr?
We track 8 other properties on Commencement Bay Dr. Browse the list under "Other properties on Commencement Bay Dr" to compare beds, baths, and sale history.
What are the property facts for 3731 Commencement Bay Dr?
3731 Commencement Bay Dr is a 3 bed, 2 bath, 1,467 sqft, 6,500 sqft lot single_family.
Is 3731 Commencement Bay Dr a flip candidate?
No — 3731 Commencement Bay Dr does not appear in our flips dataset.
Is 3731 Commencement Bay Dr a tax-appeal candidate?
No — 3731 Commencement Bay Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.4%
Implied 1-yr
+1.6%
2026 Q2
$822.7K
2026 Q3
$825.9K
ZIP 98407 — Median Price History + Forecast
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