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2242 Fairbanks St

Tacoma, WA 98404

3 bd 3 ba 1,405 sqft Built 2019 Lot 4,874 sqft single_family
Most recent sale
$520,000
Apr 12, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 25, 2025 Sold $535,000 NWMLS
Dec 17, 2024 Price changed $534,900 NWMLS
Dec 4, 2024 Listed $537,500 NWMLS
May 2, 2024 Price changed $550,000 NWMLS
Dec 7, 2023 Price changed $540,000 NWMLS
Nov 10, 2023 Price changed $545,000 NWMLS
Sep 29, 2023 Listed $550,000 NWMLS
Apr 12, 2022 Sold $520,000 MLS #1896508
Mar 4, 2022 Listed $480,000 MLS #1896508
Dec 6, 2019 Sold $360,000 Public Record
Oct 18, 2019 Price changed $369,990 MLS #1502076
Oct 4, 2019 Price changed $374,990 MLS #1502076
Sep 13, 2019 Price changed $384,990 MLS #1502076
Aug 9, 2019 Listed $394,990 MLS #1502076

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $332,100 $157,900 $490,000 $5,341
2025 $332,100 $157,900 $490,000 $5,318
2024 $312,300 $149,600 $461,900 $5,142
2023 $337,200 $142,000 $479,200 $4,976
2022 $277,600 $121,700 $399,300 $4,579
2021 $240,400 $95,700 $336,100 $4,225
2020 $227,300 $81,100 $308,400 $4,183
2019 $100,000 $64,900 $164,900 $2,147
2018 $27,800 $27,800 $446

Property facts

Year built
2019
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,405 sqft
Lot size
4,874 sqft
ZIP code
98404
City
Tacoma
Street
Fairbanks St
Coordinates
47.22979, -122.39679

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
$3,232
Gross rental yield
7.46%
Implied cap rate
4.85%
Trend-extrapolated value

Frequently asked questions

When did 2242 Fairbanks St last sell?
2242 Fairbanks St most recently sold on Apr 12, 2022 for $520,000.
What is the current tax assessment for 2242 Fairbanks St?
The most recent total assessment for 2242 Fairbanks St (year 2026) is $490,000 with $5,341 in property tax.
How does 2242 Fairbanks St's assessment compare to its last sale price?
The current assessment is 5.8% below the last sale price of $520,000.
When was 2242 Fairbanks St built?
2242 Fairbanks St was built in 2019.
How does 2242 Fairbanks St compare to others on Fairbanks St?
We track 8 other properties on Fairbanks St. Browse the list under "Other properties on Fairbanks St" to compare beds, baths, and sale history.
What are the property facts for 2242 Fairbanks St?
2242 Fairbanks St is a 3 bed, 3 bath, 1,405 sqft, 4,874 sqft lot single_family.
Is 2242 Fairbanks St a flip candidate?
No — 2242 Fairbanks St does not appear in our flips dataset.
Is 2242 Fairbanks St a tax-appeal candidate?
No — 2242 Fairbanks 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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